<SEC-DOCUMENT>0000844059-17-000012.txt : 20171109
<SEC-HEADER>0000844059-17-000012.hdr.sgml : 20171109
<ACCEPTANCE-DATETIME>20171109101358
ACCESSION NUMBER:		0000844059-17-000012
CONFORMED SUBMISSION TYPE:	10-Q
PUBLIC DOCUMENT COUNT:		60
CONFORMED PERIOD OF REPORT:	20170930
FILED AS OF DATE:		20171109
DATE AS OF CHANGE:		20171109

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FRP HOLDINGS, INC.
		CENTRAL INDEX KEY:			0000844059
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE [6500]
		IRS NUMBER:				472449198
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		10-Q
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36769
		FILM NUMBER:		171188693

	BUSINESS ADDRESS:	
		STREET 1:		200 W. FORSYTH ST.
		STREET 2:		7TH FLOOR
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32202
		BUSINESS PHONE:		9043965733

	MAIL ADDRESS:	
		STREET 1:		200 W. FORSYTH ST.
		STREET 2:		7TH FLOOR
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PATRIOT TRANSPORTATION HOLDING INC
		DATE OF NAME CHANGE:	20010425

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FRP PROPERTIES INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>10-Q
<SEQUENCE>1
<FILENAME>frphsepq17.htm
<DESCRIPTION>FRPH FORM 10Q SEPTEMBER 2017
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center">_________________</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 10-Q</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center">_________________</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 15%; font: 12pt Tahoma, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(Mark One)</FONT></TD>
    <TD STYLE="width: 70%">&nbsp;</TD>
    <TD STYLE="width: 15%; font: 12pt Tahoma, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: center">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%; padding-bottom: 6pt; font: 12pt Tahoma, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>[X ]</B></FONT></TD>
    <TD STYLE="width: 70%">
        <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center"><B>QUARTERLY REPORT PURSUANT TO SECTION
        13 OR 15(d)<BR>
        OF THE SECURITIES EXCHANGE ACT OF 1934</B></P>
        <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center"><B><BR>
        For the quarterly period ended September 30, 2017</B></P></TD>
    <TD STYLE="width: 15%; font: 12pt Tahoma, Helvetica, Sans-Serif; layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 7.5pt 0 0; text-align: center"><B>or </B></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%; padding-bottom: 6pt; font: 12pt Tahoma, Helvetica, Sans-Serif; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"><B>[&nbsp;&nbsp;]</B></FONT></TD>
    <TD STYLE="width: 70%">
        <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center"><B>TRANSITION REPORT PURSUANT TO SECTION
        13 OR 15(d)<BR>
        OF THE SECURITIES EXCHANGE ACT OF 1934</B></P>
        <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center"><B><BR>
        For the transition period from_________ to _________</B></P></TD>
    <TD STYLE="width: 15%; font: 12pt Tahoma, Helvetica, Sans-Serif; layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 7.5pt 0 0; text-align: center"><B>&nbsp;Commission File Number: 001-36769</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">_____________________</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 3.75pt 0 0; text-align: center"><B>FRP HOLDINGS, INC.</B></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its
charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">_____________________</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 51%; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Florida</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 48%; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>47-2449198</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">(State or other jurisdiction of</P>
        <P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 0.65pt; text-align: center">incorporation or organization)</P></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: top; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(I.R.S. Employer Identification No.)</FONT></TD></TR>
<TR>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>200 W. Forsyth St., 7th Floor,</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Jacksonville, FL</B></P></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>32202</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(Address of principal executive offices)</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: top; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(Zip Code)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 7.5pt 0 0; text-align: center"><B>904-396-5733</B></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Registrant&#8217;s telephone number, including
area code)</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Indicate by check mark whether the registrant
(1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding
12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;[x]&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;[_]</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Indicate by check mark whether the registrant
has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted
and posted pursuant to Rule 405 of Regulation S-T (&sect;232.405 of this chapter) during the preceding 12 months (or for such shorter
period that the registrant was required to submit and post such files).&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;[x]&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;[_]</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions
of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer,&#8221; &#8220;non-accelerated filer&#8221; and &#8220;smaller
reporting company&#8221; in Rule 12b-2 of the Exchange Act.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 23%; font: 12pt Tahoma, Helvetica, Sans-Serif; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Large accelerated&nbsp;filer [_]</FONT></TD>
    <TD STYLE="width: 47%">&nbsp;</TD>
    <TD STYLE="width: 30%; font: 12pt Tahoma, Helvetica, Sans-Serif; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accelerated &nbsp;filer [x]</FONT></TD></TR>
<TR>
    <TD STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-accelerated filer [_] &nbsp;</FONT></TD>
    <TD STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Smaller reporting company [_]</FONT></TD></TR>
<TR>
    <TD STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Emerging growth company [_] &nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act.&nbsp; [_]&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Indicate by check mark whether the registrant
is a shell company (as defined in Rule 12b-2 of the Exchange Act).&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;[_]&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;[x]</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">Indicate the number of shares outstanding of each of the issuer&#8217;s
classes of common stock, as of the latest practicable date.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 43%; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Class</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 43%; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Outstanding at September 30, 2017</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Common Stock, $.10 par value per share</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">10,007,167 shares</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">FRP HOLDINGS, INC.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM 10-Q</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">QUARTER ENDED SEPTEMBER 30, 2017</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">CONTENTS</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">Page No.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Preliminary Note Regarding Forward-Looking Statements </FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Part I.&nbsp;&nbsp;Financial Information</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Item&nbsp;1.</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Financial Statements</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Consolidated Balance Sheets</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Consolidated Statements of Income</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Consolidated Statements of Cash Flows</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Condensed Notes to Consolidated Financial Statements</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">8</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Item&nbsp;2.</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Management's Discussion and Analysis of Financial Condition and Results of Operations</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">18</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Item&nbsp;3.</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Quantitative and Qualitative Disclosures about Market Risks</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">35</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Item&nbsp;4.</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Controls and Procedures</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">35</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Part II.&nbsp;&nbsp;Other Information</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Item&nbsp;1A.</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Risk Factors</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">36</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Item&nbsp;2.</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Purchase of Equity Securities by the Issuer</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">36</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Item&nbsp;6.</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Exhibits</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">36</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Signatures</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">37</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Exhibit 31</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">39</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Exhibit 32</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">42</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: center"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Preliminary Note Regarding Forward-Looking
Statements.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 12pt 0; text-align: justify">This Quarterly Report on Form
10-Q, together with other statements and information publicly disseminated by us, contains &#8220;forward-looking statements&#8221;
within the meaning of Section&nbsp;27A of the Securities Act of 1933, as amended, and Section&nbsp;21E of the Securities Exchange
Act of 1934, as amended. The words or phrases &#8220;anticipate,&#8221; &#8220;estimate,&#8221; &#8221;believe,&#8221; &#8220;budget,&#8221;
&#8220;continue,&#8221; &#8220;could,&#8221; &#8220;intend,&#8221; &#8220;may,&#8221; &#8220;plan,&#8221; &#8220;potential,&#8221;
&#8220;predict,&#8221; &#8220;seek,&#8221; &#8220;should,&#8221; &#8220;will,&#8221; &#8220;would,&#8221; &#8220;expect,&#8221;
&#8220;objective,&#8221; &#8220;projection,&#8221; &#8220;forecast,&#8221; &#8220;goal,&#8221; &#8220;guidance,&#8221; &#8220;outlook,&#8221;
&#8220;effort,&#8221; &#8220;target&#8221; and similar expressions identify forward-looking statements. Such statements reflect
management&#8217;s current views with respect to financial results related to future events and are based on assumptions and expectations
that may not be realized and are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy
and some of which might not even be anticipated. Future events and actual results, financial or otherwise, may differ, perhaps
materially, from the results discussed in the forward-looking statements. Risk factors discussed in Item&nbsp;1A of this Form 10-Q
and other factors that might cause differences, some of which could be material, include, but are not limited to, levels of construction
activity in the markets served by our mining properties, demand for flexible warehouse/office facilities in the Baltimore-Washington-Northern
Virginia area, our ability to obtain zoning and entitlements necessary for property development, the impact of lending and capital
market conditions on our liquidity, our ability to finance projects or repay our debt, general real estate investment and development
risks, vacancies in our properties, risks associated with developing and managing properties in partnership with others, competition,
our ability to renew leases or re-lease spaces as leases expire, illiquidity of real estate investments, bankruptcy or defaults
of tenants, the impact of restrictions imposed by our credit facility, the level and volatility of interest rates, environmental
liabilities, inflation risks, cybersecurity risks, as well as other risks listed from time to time in our SEC filings, including
but not limited to, our annual and quarterly reports. In addition, if we elect REIT status these risk factors also would include
our ability to qualify or to remain qualified as a REIT, our ability to satisfy REIT distribution requirements, the impact of issuing
equity, debt or both, and selling assets to satisfy our future distributions required as a REIT or to fund capital expenditures,
future growth and expansion initiatives, the impact of the amount and timing of any future distributions, the impact from complying
with REIT qualification requirements limiting our flexibility or causing us to forego otherwise attractive opportunities, our lack
of experience operating as a REIT, legislative, administrative, regulatory or other actions affecting REITs, including positions
taken by the Internal Revenue Service, the possibility that our Board of Directors will unilaterally revoke our REIT election,
the possibility that the anticipated benefits of qualifying as a REIT will not be realized, or will not be realized within the
expected time period, We have no obligation to revise or update any forward-looking statements, other than as imposed by law, as
a result of future events or new information. Readers are cautioned not to place undue reliance on such forward-looking statements.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">These forward-looking statements
are made as of the date hereof based on management&#8217;s current expectations, and the Company does not undertake an obligation
to update such statements, whether as a result of new information, future events or otherwise. Additional information regarding
these and other risk factors may be found in the Company&#8217;s other filings made from time to time with the Securities and Exchange
Commission.</P>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>PART I. FINANCIAL INFORMATION, ITEM 1. FINANCIAL
STATEMENTS</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FRP HOLDINGS, INC. AND SUBSIDIARIES</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>CONSOLIDATED BALANCE SHEETS</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">(Unaudited) (In thousands, except share data)</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">September 30</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">December 31</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Assets:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2017</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2016</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Real estate investments at cost:</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Land</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">127,744</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">99,417</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Buildings and improvements </FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">332,694</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">195,443</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Projects under construction</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5,959</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11,779</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total investments in properties</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">466,397</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">306,639</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less accumulated depreciation and depletion</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">91,788</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">82,392</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net investments in properties</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">374,609</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">224,247</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Real estate held for investment, at cost</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,176</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,176</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investments in joint ventures</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13,345</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">22,901</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net real estate investments</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">395,130</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">254,324</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cash and cash equivalents</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,630</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212; &nbsp;</FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cash held in escrow</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">186</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212; &nbsp;</FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accounts receivable, Net</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,033</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">710</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Federal and state income taxes receivable</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,852</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unrealized rents</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,299</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,562</FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Deferred costs</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10,781</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6,786</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other assets</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">181</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">178</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total assets</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">416,092</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">266,560</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Liabilities:</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lines of credit payable</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6,440</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6,665</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Secured notes payable, current portion</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,674</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,526</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Secured notes payable, less current portion</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">103,999</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">29,554</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accounts payable and accrued liabilities</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,825</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,747</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Environmental remediation liability</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,037</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,037</FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bank overdraft</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">254</FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Federal and state income taxes payable</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">887</FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Deferred revenue</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,397</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,126</FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Deferred income taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">36,075</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16,455</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Deferred compensation</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,485</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,475</FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Deferred lease intangible, net</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Tenant security deposits</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">940</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,005</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">161,874</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">67,740</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Commitments and contingencies (Note 8)&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Equity:</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Common stock, $.10 par value</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">25,000,000 shares authorized,</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">10,007,167 and 9,914,054 shares issued</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 13.5pt">and outstanding, respectively</P></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,001</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">991</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Capital in excess of par value</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">55,341</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">52,647</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Retained earnings</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">173,652</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">145,168</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accumulated other comprehensive income, net</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total shareholders&#8217; equity</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">230,008</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">198,820</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Noncontrolling interest MRP</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">24,210</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total equity</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">254,218</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">198,820</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total liabilities and shareholders&#8217; equity</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">416,092</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">266,560</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 6px">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0"><FONT STYLE="font-weight: normal">See accompanying notes.<BR STYLE="clear: both">
</FONT></P>


<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 11pt Courier New, Courier, Monospace; margin: 0 13.5pt 0 0">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: center">FRP HOLDINGS, INC. AND SUBSIDIARIES</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 22.1pt 0 0; text-align: center"><B>CONSOLIDATED STATEMENTS OF INCOME</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 22.1pt 0 0; text-align: center">(In thousands except per share amounts)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 22.1pt 0 0; text-align: center">(Unaudited)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 22.1pt 0 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="11" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">THREE MONTHS ENDED</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">NINE MONTHS ENDED</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="11" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">SEPTEMBER 30,</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">SEPTEMBER 30,</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Revenues:</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rental revenue</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">8,738</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6,259</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">21,243</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">18,430</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mining Royalty and rents</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,763</FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,016</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,311</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,805</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Revenue &#8211; reimbursements</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,553</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,501</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,182</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,399</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Total Revenues</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">12,054</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,776</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">30,736</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">28,634</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Cost of operations:</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Depreciation,
    depletion and amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,769</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,160</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,030</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6,155</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating expenses</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,879</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,146</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,882</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,651</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Environmental remediation expense</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,000</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Property taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,401</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,087</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,592</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,357</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Management company indirect</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">560</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">419</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,504</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,340</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate expenses (Note 4 Related Party) </FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">617</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">656</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,510</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,348</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total cost of operations</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,226</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,468</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">20,518</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">18,851</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Total operating profit</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,828</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,308</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10,218</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,783</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Interest income</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Interest expense</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,251</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(273</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,870</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,080</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Equity in loss of joint ventures</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(12</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(652</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,589</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(924</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">Gain on remeasurement of investment in real estate
        partnership</P></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">60,196</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">60,196</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Loss on investment land sold</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(148</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(257</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Income before income taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">61,761</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,235</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">66,955</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">7,523</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Provision for income taxes</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">16,577</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,278</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">18,615</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,972</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Net income</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">45,184</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,957</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">48,340</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,551</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Income attributable to noncontrolling interest</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">19,793</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">19,793</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Net income attributable to the Company</B></FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">25,391</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,957</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">28,547</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,551</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Earnings per common share:</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;Basic</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.54</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">0.20</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.86</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">0.46</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;Diluted</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.52</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">0.20</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.84</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">0.46</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Number of shares (in thousands) used in computing:</B></FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;-basic earnings per common share</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10,004</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,865</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,967</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,860</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;-diluted earnings per common share</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10,066</FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,908</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10,035</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,902</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 8px">&nbsp;</TD>
    <TD STYLE="width: 8px">&nbsp;</TD>
    <TD STYLE="width: 8px">&nbsp;</TD>
    <TD STYLE="width: 8px">&nbsp;</TD>
    <TD STYLE="width: 34px">&nbsp;</TD>
    <TD STYLE="width: 34px">&nbsp;</TD>
    <TD STYLE="width: 8px">&nbsp;</TD>
    <TD STYLE="width: 8px">&nbsp;</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD STYLE="width: 8px">&nbsp;</TD>
    <TD STYLE="width: 8px">&nbsp;</TD>
    <TD STYLE="width: 34px">&nbsp;</TD>
    <TD STYLE="width: 34px">&nbsp;</TD>
    <TD STYLE="width: 8px">&nbsp;</TD>
    <TD STYLE="width: 8px">&nbsp;</TD>
    <TD STYLE="width: 8px">&nbsp;</TD>
    <TD STYLE="width: 8px">&nbsp;</TD>
    <TD STYLE="width: 8px">&nbsp;</TD>
    <TD STYLE="width: 8px">&nbsp;</TD>
    <TD STYLE="width: 34px">&nbsp;</TD>
    <TD STYLE="width: 34px">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 22.1pt 0 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0">See accompanying notes.</P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: center">FRP HOLDINGS, INC. AND SUBSIDIARIES</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 22.1pt 0 0; text-align: center"><B>CONSOLIDATED STATEMENTS OF COMPREHENSIVE
INCOME</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 22.1pt 0 0; text-align: center">(In thousands except per share amounts)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 22.1pt 0 0; text-align: center">(Unaudited)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">THREE MONTHS ENDED</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">NINE MONTHS ENDED</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">SEPTEMBER 30,</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">SEPTEMBER 30,</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 46%; padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Comprehensive income</FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">45,184</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 8%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,957</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">48,340</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,551</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; width: 1%; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Less: comprehensive income attributable to &nbsp;noncontrolling interests</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">19,793</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">19,793</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Comprehensive income attributable to the &nbsp;Company</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">25,391</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,957</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">28,547</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,551</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>

<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0 9pt 0 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: center"><B>FRP HOLDINGS, INC. AND SUBSIDIARIES</B></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0 22.5pt 0 0; text-align: center">CONSOLIDATED STATEMENTS OF CASH
FLOWS</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0 22.5pt 0 0; text-align: center; text-indent: 0.25in">NINE MONTHS
ENDED SEPTEMBER 30, 2017 AND 2016</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">(In thousands) (Unaudited)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>2017</B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>2016</B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Cash flows from operating activities:</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 70%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Net income</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="width: 12%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">48,340</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 12%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,551</FONT></TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Adjustments to reconcile net income to net cash</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;provided by operating activities:</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Depreciation, depletion and amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9,228</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6,329</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Deferred income taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">19,620</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,551</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Equity in loss of joint ventures</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,589</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">924</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Gain on remeasurement of investment in real estate partnership</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(60,196</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Loss on sale of equipment and property</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">238</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Stock-based compensation</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">588</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">506</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;Net changes in operating assets and liabilities:</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts receivable</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(283</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(418</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred costs and other assets</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,221</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,066</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable and accrued liabilities</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">444</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5,141</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income taxes payable and receivable</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2,739</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,026</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other long-term liabilities</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9;(61</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9;34</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net cash provided by operating activities</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15,321</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13,662</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Cash flows from investing activities:</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Investments in properties</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(12,595</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(17,015</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Investments in joint ventures</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(621</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(715</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Proceeds from sale of assets</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,147</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Cash at consolidation of real estate partnership</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,295</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Cash held in escrow </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(15</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,174</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net cash used in investing activities</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(10,920</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(14,409</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Cash flows from financing activities:</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Decrease in bank overdrafts</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(254</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(63</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Proceeds from long-term debt</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">43</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Repayment of long-term debt</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3,367</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3,159</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Proceeds from borrowing on revolving credit facility </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12,845</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">18,042</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Payment on revolving credit facility</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(13,070</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(14,163</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Debt issue costs</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(21</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(139</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Repurchase of company stock</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(74</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(43</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Exercise of employee stock options</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,127</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">272</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net cash (used in) provided by financing activities</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,771</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">747</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net increase in cash and cash equivalents</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,630&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cash and cash equivalents at beginning of period</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cash and cash equivalents at end of the period</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,630&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 9pt 0 0">See accompanying notes.</P>


<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 22.5pt 0 0; text-align: center"><B>FRP HOLDINGS, INC. AND SUBSIDIARIES</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: center"><B>CONDENSED NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: center"><B>SEPTEMBER 30, 2017</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: center">(Unaudited)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>(1) Description of Business and Basis of
Presentation. </B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">FRP Holdings, Inc. (&#8220;FRP&#8221; or the
&#8220;Company&#8221;) is a holding company engaged in the real estate business, namely (i) warehouse/office/residential building
ownership, leasing and management, (ii) mining royalty land ownership and leasing and (iii) land acquisition, entitlement and development
primarily for future warehouse/office or residential building construction.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying consolidated financial statements
include the accounts of FRP Holdings, Inc. (the &#8220;Company&#8221; or &#8220;FRP&#8221;) inclusive of our operating real estate
subsidiaries, FRP Development Corp. (&#8220;Development&#8221;) and Florida Rock Properties, Inc. (&#8221;Properties&#8221;). Our
investment in the Brooksville joint venture and BC FRP Realty joint venture are accounted for under the equity method of accounting
(See Note 11).</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Effective July 1, 2017 the Company consolidated
the assets (at fair value), liabilities and operating results of our Riverfront Investment Partners I, LLC partnership (&#8220;Dock
79&#8221;) which was previously accounted for under the equity method. The ownership of Dock 79 attributable to our partner MRP
Realty is reflected on our consolidated balance sheet as a noncontrolling interest. Such noncontrolling interests are reported
on the Consolidated Balance Sheets within equity but separately from shareholders' equity. On the Consolidated Statements of Income,
all of the revenues and expenses from Dock 79 are reported in net income, including both the amounts attributable to the Company
and the noncontrolling interest. The amounts of consolidated net income attributable to the noncontrolling interest is clearly
identified on the accompanying Consolidated Statements of Income.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">These statements have been prepared in accordance
with accounting principles generally accepted in the United States of America for interim financial information and the instructions
to Form 10-Q and do not include all the information and footnotes required by accounting principles generally accepted in the United
States of America for complete financial statements. In the opinion of management, all adjustments (primarily consisting of normal
recurring accruals) considered necessary for a fair statement of the results for the interim periods have been included. Operating
results for the nine months ended September 30, 2017 are not necessarily indicative of the results that may be expected for the
year ending December 31, 2017. The accompanying consolidated financial statements and the information included under the heading
&quot;Management's Discussion and Analysis of Financial Condition and Results of Operations&quot; should be read in conjunction
with the Company's consolidated financial statements and related notes included in the Company&#8217;s Form 10-K for the year ended
September 30, 2016.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On December 19, 2016, the Company changed its
fiscal year end from September 30 to December 31. The quarter ended December 31, 2016 was a transition period.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>(2) Recently Issued Accounting Standards.
</B>In February 2016, the FASB issued ASU No. 2016-02, &#8220;Leases&#8221;, which requires lessees to recognize a right-to-use
asset and a lease obligation for all leases. Lessees are permitted to make an accounting policy election to not recognize an asset
and liability for leases with a term of twelve months or less. Additional qualitative and quantitative disclosures, including significant
judgments made by management, will be required. Lessors will account for leases using an approach that is substantially equivalent
to existing accounting standards. The new standard will become effective for the Company beginning with the first quarter 2019
and requires a modified retrospective transition approach and includes a number of practical expedients. Early adoption of the
standard is permitted. As the Company is primarily a lessor the adoption of this guidance is not expected to have a material impact
on its financial statements.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In May 2014, the FASB issued ASU No. 2014-09,
&#8220;Revenue from Contracts with Customers&#8221; which replaces existing revenue recognition standards and significantly expand
the disclosure requirements for revenue arrangements. It may be adopted either retrospectively or on a modified retrospective basis
to new contracts and existing contracts with</P>


<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">remaining performance obligations as of the
effective date. While lease contracts with customers, which constitute a vast majority of our revenues, are a specific scope exception,
certain of our revenue streams may be impacted by the new guidance. The new standard is effective beginning with the first quarter
of 2018. The Company currently does not expect the adoption of this guidance to result in a material impact on its financial statements.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 11pt">In March 2016,
the FASB issued ASU No. 2016-09, &#8220;Compensation&#8212;Stock Compensation (Topic 718): Improvements to Employee Share-Based
Payment Accounting&#8221;. The ASU includes multiple provisions intended to simplify various aspects of the accounting for share-based
payments. Excess tax benefits for share-based payments are recorded as a reduction of income taxes and reflected in operating cash
flows upon the adoption of this ASU. Excess tax benefits were recorded in equity and as financing activity prior to adoption of
this ASU. In addition, the guidance allows for a policy election to account for forfeitures as they occur rather than on an estimated
basis. The Company adopted this guidance prospectively as of October 1, 2016. As a result of this adoption in the nine months of
2017 we recorded a $14,000 reduction of income tax expense from excess tax benefits on stock option exercises</FONT>.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In January 2017, the FASB issued ASU No. 2017-01,
&#8220;Business Combinations (Topic 805): Clarifying the Definition of a Business&#8221;, to clarify the definition of a business
with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions
of assets or businesses. To be considered a business, an acquisition would have to include an input and a substantive process that
together significantly contribute to the ability to create outputs. The new guidance provides a framework to evaluate when an input
and a substantive process are present. To be a business without outputs, there will now need to be an organized workforce. ASU
2017-01 further states that when substantially all of the fair value of gross assets acquired is concentrated in a single asset
(or a group of similar assets), the assets acquired would not represent a business. The Company adopted this guidance prospectively
as of July 1, 2017. The Company expects this standard to result in building acquisitions being considered an asset rather than
a business. This change will result in acquisition costs being capitalized as part of the asset acquisition, whereas prior treatment
has them recognized in earnings in the period incurred.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><B>(3) Business Segments.</B> The
Company is reporting its financial performance based on four reportable segments, Asset Management, Mining Royalty Lands, Land
Development and Construction and RiverFront on the Anacostia, as described below.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The Asset Management segment owns,
leases and manages warehouse/office buildings located predominately in the Baltimore/Northern Virginia/Washington, DC market area.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">Our Mining Royalty Lands segment
owns several properties comprising approximately 15,000 acres currently under lease for mining rents or royalties (this does not
include the 4,280 acres owned in our Brooksville joint venture with Vulcan Materials).&nbsp; Other than one location in Virginia,
all of these properties are located in Florida and Georgia.&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">Through our Land Development and
Construction segment, we own and are continuously monitoring for their &#8220;highest and best use&#8221; several parcels of land
that are in various stages of development.&nbsp; Our overall strategy in this segment is to convert all of our non-income producing
lands into income production through (i) an orderly process of constructing new buildings for us to own and operate or (ii) a sale
to, or joint venture with, third parties.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">In July 2017, Phase I (Dock 79) of
the development known as RiverFront on the Anacostia in Washington, D.C., a 300,000 square foot residential apartment building
developed by a joint venture between the Company and MRP SE Waterfront Residential, LLC (&#8220;MRP&#8221;), reached stabilization,
meaning 90% of the individual apartments have been leased and are occupied by third party tenants. Upon reaching stabilization,
the Company has, for a period of one year, the exclusive right to (i) cause the joint venture to sell the property or (ii) cause
the Company&#8217;s and MRP&#8217;s percentage interests in the joint venture to be adjusted so as to take into account the value
of the development at the time of stabilization. The attainment of stabilization also resulted in a change of control for accounting
purposes as the veto rights of the minority shareholder lapsed and the Company became the primary beneficiary. As such, beginning
July 1, 2017, the Company consolidated the assets (at current fair value), liabilities and operating results of the joint venture
as a new segment called RiverFront on the Anacostia.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">Operating results and certain other
financial data for the Company&#8217;s business segments are as follows (in thousands):</P>


<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Three Months ended</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Nine Months ended</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">September 30,</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">September 30,</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 47%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Revenues:</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Asset management</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">7,578</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">7,323</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">22,057</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">21,824</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Mining royalty lands</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,786</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,037</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,381</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,874</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Land development and construction</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">323</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">416</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">931</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">936</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;RiverFront on the Anacostia</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,367</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,367</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">12,054</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,776</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">30,736</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">28,634</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating profit:</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Before corporate expenses:</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Asset management</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,336</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,245</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10,071</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,986</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;Mining royalty lands</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,667</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,915</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,993</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,504</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;Land development and construction</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(390</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(196</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,168</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(3,359</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;RiverFront on the Anacostia</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,168</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,168</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Corporate expenses:</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Allocated to asset management</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(350</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(339</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,424</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,213</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Allocated to mining royalty lands</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(30</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(49</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(124</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(176</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Allocated to land development and construction</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(210</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(268</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(935</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(959</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Allocated to RiverFront on the Anacostia</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(27</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(27</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(617</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(656</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(2,510</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(2,348</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,828</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,308</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10,218</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,783</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Interest expense:</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Asset management</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">374</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">273</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">993</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,080</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;RiverFront on the Anacostia</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">877</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">877</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,251</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">273</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,870</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,080</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Depreciation, depletion and amortization:</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Asset management</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,090</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,071</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6,112</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,891</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Mining royalty lands</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">17</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">24</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">91</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">70</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Land development and construction</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">98</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">65</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">263</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">194</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;RiverFront on the Anacostia</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,564</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,564</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,769</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,160</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,030</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6,155</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Capital expenditures:</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Asset management</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,273</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10,276</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6,061</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">11,510</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Mining royalty lands</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">99</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">205</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Land development and construction</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,852</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,210</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6,203</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,300</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;RiverFront on the Anacostia</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">331</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">331</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,456</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">14,585</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">12,595</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">17,015</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">September 30,</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">December 31,</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Identifiable net assets</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 58%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Asset management</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">180,827</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">169,736</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Mining royalty lands</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">38,744</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">39,259</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Land development and construction</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">44,162</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">57,126</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">RiverFront on the Anacostia</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">146,718</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Cash items</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,630</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Unallocated corporate assets</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,011</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">439</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">416,092</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">266,560</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>

<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><B>(4) Related Party Transactions.
</B>The Company is a party to a Transition Services Agreement which resulted from our January 30, 2015 spin-off of Patriot Transportation
Holding, Inc. (Patriot). The Transition Services Agreement sets forth the terms on which Patriot will provide to FRP certain services
that were shared prior to the Spin-off, including the services of certain shared executive officers. The boards of the respective
companies amended and extended this agreement for one year effective April 1, 2017.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The consolidated statements of income
reflect charges and/or allocation from Patriot for these services of $352,000 and $362,000 for the three months ended September
30, 2017 and 2016, and $1,229,000 and $1,156,000 for the nine months ended September 30, 2017 and 2016, respectively. Included
in the charges above are amounts recognized for corporate executive stock-based compensation expense. These charges are reflected
as part of corporate expenses.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">To determine these allocations between
FRP and Patriot as set forth in the Transition Services Agreement, we generally employed the same methodology historically used
by the Company pre Spin-off to allocate said expenses and thus we believe that the allocations to FRP are a reasonable approximation
of the costs related to FRP&#8217;s operations but any such related-party transactions cannot be presumed to be carried out on
an arm&#8217;s-length basis as the terms were negotiated while Patriot was still a subsidiary of FRP.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><B>(5) Long-Term Debt. </B>Long-term
debt is summarized as follows (in thousands):</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">September 30,</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">December 31,</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 62%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Revolving credit (uncollateralized)</FONT></TD>
    <TD STYLE="width: 4%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 3%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="width: 11%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6,440</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 3%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 4%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 11%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6,665</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5.6% to 7.9% mortgage notes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;due in installments through 2027</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">30,792</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">34,080</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">RiverFront construction loan</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">60,881</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">RiverFront EB5 secondary financing</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">17,000</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">115,113</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">40,745</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Less portion due within one year</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,674</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,526</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">110,439</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">36,219</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">On January 30, 2015, the Company
entered into a five year credit agreement with Wells Fargo with a maximum facility amount of $20 million (the &quot;Credit Agreement&quot;).
The Credit Agreement provides a revolving credit facility (the &#8220;Revolver&#8221;) with a $10 million sublimit available for
standby letters of credit. As of September 30, 2017, there was $5,687,000 outstanding on the revolver, $2,266,000 outstanding under
letters of credit and $12,047,000 available for borrowing. The letters of credit were issued to guarantee certain obligations to
state agencies related to real estate development. Most of the letters of credit are irrevocable for a period of one year and typically
are automatically extended for additional one-year periods. The Revolver bears interest at a rate of 1.4% over the selected LIBOR,
which may change quarterly based on the Company&#8217;s ratio of Consolidated Total Debt to Consolidated Total Capital, as defined
which excludes FRP RiverFront. A commitment fee of 0.15% per annum is payable quarterly on the unused portion of the commitment.
The commitment fee may also change quarterly based upon the ratio described above. The credit agreement contains certain conditions
and financial covenants, including a minimum $110 million tangible net worth. As of September 30, 2017, the tangible net worth
covenant would have limited our ability to pay dividends or repurchase stock with borrowed funds to a maximum of $77.5 million
combined. The Company was in compliance with all covenants as of September 30, 2017.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">On July 24, 2015 the Company closed
on a five year, $20 million secured revolver with First Tennessee Bank with a twenty-four month window to convert up to the full
amount of the facility into a ten year term loan. Interest accrues at 1.90% over one month LIBOR plus an annual commitment fee
of 0.10%. As of September 30, 2017, there was $753,000 outstanding on the revolver and $19,247,000 available for borrowing. The
Company expects to close on a second facility with First Tennessee Bank with a $20 million ten year term loan secured by to-be-determined
collateral. The purpose of these loans is to facilitate growth through new construction in the Land Development and Construction
segment and/or acquisition of existing, operating buildings to be added to the Asset Management segment.</P>


<!-- Field: Page; Sequence: 11 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">Effective July 1, 2017 the Company
consolidated the assets (at current fair value), liabilities and operating results of our Riverfront Investment Partners I, LLC
partnership (&#8220;Dock 79&#8221;) which was previously accounted for under the equity method. As such the full amount of our
construction loan and secondary financing were recorded in the consolidated financial statements and described below. Both these
financing sources are non-recourse to FRP.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">Effective August 7, 2014, the Dock
79 obtained a commitment for a construction loan from a financial institution in the principal amount of $65,000,000 to fund certain
development and construction costs of the Dock 79. The initial maturity date of the loan is the earlier of (i) August 7, 2018,
or (ii) the date to which the loan is accelerated pursuant to certain terms as outlined in the agreement. Dock 79 has the option
to extend the initial maturity date for one extension period of four years (Extension Term) upon the compliance with and satisfaction
of certain conditions as defined in the agreement. The interest rate on the loan through the initial maturity date is based on
the 2.35% over one month LIBOR and the interest rate during the Extension Term (if any) until the maturity date will be based on
a fixed-interest rate swap or interest rate cap, as applicable, for the applicable LIBOR-based rate on the then applicable market
terms. Accrued interest is payable in arrears on the first day of each calendar month and on the maturity date. The outstanding
principal balance on all loans shall be due and payable in full on the maturity date. After maturity, accrued interest on all loans
shall be payable on demand. The loan is secured by any real and personal property of Dock 79. The agreement contains certain conditions,
affirmative financial covenants and negative covenants including the maintenance of a debt service ratio of not less than 1.25
to 1.00 during the Extension Term.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">Effective August 7, 2014, Dock 79
partnership member EB5 Capital-Jobs Fund 8, L.P. made an initial capital contribution of $17 million in cash into an escrow account
with a financial institution all of which have been used for construction. Associated with the $17 million cash contribution, EB5
is entitled to earn an investment return. The investment return requires the Dock 79 to pay interest monthly based on an annual
rate of 4.95% for the first 5 years and 8% thereafter, on the balance remaining of the initial capital contributed. Dock 79 is
required to repay or redeem EB5's membership interest for a purchase price equal to the sum of the balance of EB5's contribution
account, plus any accrued by unpaid investment return sixty months after the initial capital contribution, unless extended for
an additional twelve months in accordance with the agreement. Subsequent to the repayment of the investment return, EB5 will no
longer be a partner in the Dock 79. Due to the mandatory redemption requirements associated with the EB5 financing arrangement,
the related investment is classified as a liability on the balance sheets.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">During the three months ended September
30, 2017 and September 30, 2016 the Company capitalized interest costs of $210,000 and $382,000, respectively. During the nine
months ended September 30, 2017 and September 30, 2016 the Company capitalized interest costs of $812,000 and $864,000, respectively.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><B>(6) Earnings per Share. </B>The
following details the computations of the basic and diluted earnings per common share (in thousands, except per share amounts):</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Three Months ended</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Nine Months ended</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">September 30,</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">September 30,</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Weighted average common shares</FONT></TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;outstanding during the period</FONT></TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;- shares used for basic</FONT></TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 46%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;earnings per common share</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10,004</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 11%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,865</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,967</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,860</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Common shares issuable under</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;share based payment plans</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;which are potentially dilutive</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">62</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">43</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">68</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">42</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Common shares used for diluted</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;earnings per common share</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10,066</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,908</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10,035</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,902</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Net income attributable to the Company</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">25,391</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,957</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">28,547</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,551</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Basic earnings per common share:</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Basic</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.54</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">0.20</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.86</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">0.46</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Diluted</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.52</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">0.20</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.84</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">0.46</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">For the three and nine months ended September
30, 2017, 13,610 and 22,422 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings
per share because their inclusion would have been anti-dilutive. For the three and nine months ended September 30, 2016, 42,040
and 72,090 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because
their inclusion would have been anti-dilutive.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><B>(7) Stock-Based Compensation Plans.
</B>The Company has two Stock Option Plans (the 2006 Stock Incentive Plan and the 2016 Equity Incentive Option Plan) under which
options for shares of common stock were granted to directors, officers and key employees. The 2016 plan permits the grant of stock
options, stock appreciation rights, restricted stock awards, restricted stock units, or stock awards. The options awarded under
the plans have similar characteristics. All stock options are non-qualified and expire ten years from the date of grant. Stock
based compensation awarded to directors, officers and employees are exercisable immediately or become exercisable in cumulative
installments of 20% or 25% at the end of each year following the date of grant. When stock options are exercised the Company issues
new shares after receipt of exercise proceeds and taxes due, if any, from the grantee. The number of common shares available for
future issuance was 569,917 at September 30, 2017.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The Company utilizes the Black-Scholes
valuation model for estimating fair value of stock compensation for options awarded to officers and employees. Each grant is evaluated
based upon assumptions at the time of grant. The assumptions were no dividend yield, expected volatility between 35% and 46%, risk-free
interest rate of .3% to 4.2% and expected life of 3.0 to 7.0 years.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The dividend yield of zero is based
on the fact that the Company does not pay cash dividends and has no present intention to pay cash dividends. Expected volatility
is estimated based on the Company&#8217;s historical experience over a period equivalent to the expected life in years. The risk-free
interest rate is based on the U.S. Treasury constant maturity interest rate at the date of grant with a term consistent with the
expected life of the options granted. The expected life calculation is based on the observed and expected time to exercise options
by the employees.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">As previously disclosed, Thompson
S. Baker II resigned from his position as CEO and from the board of directors on March 13, 2017. In recognition of his outstanding
service to the Company, the Board approved the vesting of all of Mr. Baker's outstanding FRP stock options, which expired 90 days
following the termination of his employment. The vesting of Mr. Baker&#8217;s outstanding FRP options that were issued prior to
the spin-off required Patriot to record modification stock compensation expense of $150,000. FRP reimbursed Patriot for this cost
under the transition services agreement. The vesting of Mr. Baker&#8217;s outstanding FRP options that were issued subsequent to
the spin-off required modified stock compensation expense of $41,000.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The Company recorded the following
stock compensation expense in its consolidated statements of income (in thousands):</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Three Months ended</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Nine Months ended</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">September 30,</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">September 30,</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2017</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2016</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2017</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">2016</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 45%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif">Stock option grants</FONT></TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">33</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">31</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; border-top: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="width: 12%; border-top: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">143</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%; border-top: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">94</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif">Annual director stock award</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">445</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">412</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">33</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">31</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">588</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">506</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">A summary of changes in outstanding
options is presented below (in thousands, except share and per share amounts):</P>


<!-- Field: Page; Sequence: 13 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Weighted</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Weighted</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Weighted</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Number</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Average</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Average</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Average</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Of</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Exercise</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Remaining</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Grant Date</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><U>Options</U></FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Shares</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Price</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Term (yrs)</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Fair Value(000's)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Outstanding at</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;January 1, 2017</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">236,385</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">25.35</FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6.1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,440</FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;Granted</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,555</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">37.55</FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">75</FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;Modification</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">30.21</FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(137</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;Exercised</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(84,630</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">25.13</FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(783</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Outstanding at</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;September 30, 2017</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">156,310</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">25.82</FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5.5</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,595</FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Exercisable at</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;September 30, 2017</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">114,020</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">23.83</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4.7</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,010</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Vested during</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;nine months ended</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;September 30, 2017</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">26,839</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">223</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="width: 226px">&nbsp;</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD STYLE="width: 85px">&nbsp;</TD>
    <TD STYLE="width: 9px">&nbsp;</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD STYLE="width: 17px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 5px">&nbsp;</TD>
    <TD STYLE="width: 1px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 88px">&nbsp;</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD STYLE="width: 32px">&nbsp;</TD>
    <TD STYLE="width: 149px">&nbsp;</TD>
    <TD STYLE="width: 5px">&nbsp;</TD>
    <TD STYLE="width: 5px">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The aggregate intrinsic value of
exercisable in-the-money options was $2,442,000 and the aggregate intrinsic value of outstanding in-the-money options was $3,037,000
based on the market closing price of $45.25 on September 29, 2017 less exercise prices.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The unrecognized compensation cost
of options granted to FRP employees but not yet vested as of September 30, 2017 was $343,000, which is expected to be recognized
over a weighted-average period of 3.5 years.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">Gains of $1,474,000 were realized
by option holders during the nine months ended September 30, 2017. Patriot realized the tax benefits of $1,365,000 of these gains
because these options were exercised by Patriot employees for options granted prior to the spin-off.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><B>(8) Contingent Liabilities.</B>
Certain of the Company&#8217;s subsidiaries are involved in litigation on a number of matters and are subject to certain claims
which arise in the normal course of business. The Company has retained certain self-insurance risks with respect to losses for
third party liability and property damage. The liability at any point in time depends upon the relative ages and amounts of the
individual open claims. In the opinion of management, none of these matters are expected to have a material adverse effect on the
Company&#8217;s consolidated financial condition, results of operations or cash flows.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">Preliminary testing on the site of
the Company's four phase master development known as RiverFront on the Anacostia in Washington, D.C. indicated the presence of
contaminated material that will have to be specially handled upon excavation in conjunction with construction. The Company agreed
with our joint venture partner to bear the cost of handling the contaminated materials on the first phase of this development up
to a cap of $1.871 million. <FONT STYLE="font-weight: normal">As of September 30, 2016, the excavation and foundation work for
Phase 1 were substantially complete and the total remediation expense was $1.833 million. </FONT>During the quarter ending December
31, 2015, management successfully completed negotiations and entered into a $3,000,000 settlement of environmental claims on all
four phases against our former tenant at the Riverfront on the Anacostia property and continues to pursue settlement negotiations
with other potentially responsible parties. The Company executed a letter of intent with MRP Realty in May 2016 to develop Phase
II of the Riverfront on the Anacostia project and recorded an estimated environmental remediation expense of $2.0 million for the
Company&#8217;s estimated liability under the proposed agreement. The Company has no obligation to remediate this contamination
on Phases III and IV of the development until such time as it makes a commitment to commence construction on each phase. The Company's
actual expense to address this issue may be materially higher or lower than the expense previously recorded depending upon the
actual costs incurred.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><B>(9) Concentrations</B>.&nbsp;
One tenant accounts for 11% of the Company&#8217;s consolidated revenues during the quarter ended September 30, 2017.&nbsp; The
mining royalty lands segment has a total of four tenants currently leasing mining locations and one lessee that accounted for 15.4%
of the Company&#8217;s consolidated revenues during the nine months ended</P>


<!-- Field: Page; Sequence: 14 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">September 30, 2017 and $106,769 of
accounts receivable at September 30, 2017.&nbsp; The termination of these lessees&#8217; underlying leases could have a material
adverse effect on the Company. The Company places its cash and cash equivalents with First Tennessee Bank.&nbsp; At times, such
amounts may exceed FDIC limits.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><B>(10) Fair Value Measurements.
</B>Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction
between market participants at the measurement date. The fair value hierarchy prioritizes the inputs to valuation techniques used
to measure fair value into three broad levels. Level 1 means the use of quoted prices in active markets for identical assets or
liabilities. Level 2 means the use of values that are derived principally from or corroborated by observable market data. Level
3 means the use of inputs are those that are unobservable and significant to the overall fair value measurement.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">As of September 30, 2017 the Company
had no assets or liabilities measured at fair value on a recurring or non-recurring basis. Footnote 12 describes a remeasurement
to fair value of certain assets at July 1, 2017. At September 30, 2017 and 2016, the carrying amount reported in the consolidated
balance sheets for cash and cash equivalents, short-term notes payable and revolving credit approximate their fair value based
upon the short-term nature of these items.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The fair values of the Company&#8217;s
other mortgage notes payable were estimated based on current rates available to the Company for debt of the same remaining maturities.
At September 30, 2017, the carrying amount and fair value of such other long-term debt was $115,113,000 and $117,827,000, respectively.
At December 31, 2016, the carrying amount and fair value of such other long-term debt was $40,745,000 and $43,747,000, respectively.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><B>(11) Investments in Joint Ventures
(Equity Method). </B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Brooksville. </I>In 2006, the Company entered
into a Joint Venture Agreement with Vulcan Materials Company to jointly own and develop approximately 4,300 acres of land near
Brooksville, Florida. Under the terms of the joint venture, FRP contributed its fee interest in approximately 3,443 acres formerly
leased to Vulcan under a long-term mining lease which had a net book value of $2,548,000. Vulcan is entitled to mine a portion
of the property until 2032 and pay royalties to the Company. FRP also contributed $3,018,000 for one-half of the acquisition costs
of a 288-acre contiguous parcel. Vulcan contributed 553 acres that it owned as well as its leasehold interest in the 3,443 acres
that it leased from FRP and $3,018,000 for one-half of the acquisition costs of the 288-acre contiguous parcel. The joint venture
is jointly controlled by Vulcan and FRP. Distributions will be made on a 50-50 basis except for royalties and depletion specifically
allocated to the Company. Other income for the nine months ended September 30, 2017 includes a loss of $31,000 representing the
Company&#8217;s portion of the loss of this joint venture.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>BC FRP Realty (Windlass Run).</I> During
the quarter ending March 2016, we entered into an agreement with a Baltimore development company (St. John Properties, Inc.) to
jointly develop the remaining lands of our Windlass Run Business Park. The 50/50 partnership initially calls for FRP to combine
its 25 acres (valued at $7,500,000) with St. John Properties&#8217; adjacent 10 acres fronting on a major state highway (valued
at $3,239,536) which resulted in an initial cash distribution of $2,130,232 to FRP in May, 2016. Thereafter, the venture will jointly
develop the combined properties into a multi-building business park to consist of approximately 329,000 square feet of single story
office space.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Investments in Joint Ventures (in thousands):</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 32%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 13%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 12%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 13%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">The</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Company's</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total Assets</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Net Loss</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Share of Net</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">of the</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">of the</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Loss of the</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Ownership</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Investment</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Partnership</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Partnership</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Partnership</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">As of September 30, 2017 </FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">RiverFront Holdings I, LLC (1)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$&nbsp;&nbsp;&nbsp;(2,019</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$&nbsp;&nbsp;&nbsp;(1,558</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Brooksville Quarry, LLC</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">50.00</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$&nbsp;&nbsp;&nbsp;7,487</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$ 14,445</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(62</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(31</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">BC FRP Realty, LLC</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">50.00</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,858</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">12,298</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;Total</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$ 13,345</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$ 26,743</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$&nbsp;&nbsp;(2,081</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$&nbsp;&nbsp;(1,589</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<!-- Field: Page; Sequence: 15 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 32%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">As of December 31, 2016 </FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 13%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 12%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 13%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">RiverFront Holdings I, LLC</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">77.14</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$10,151</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$90,420&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$&nbsp;&nbsp;&nbsp;(1,446</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$&nbsp;&nbsp;&nbsp;(1,115</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Brooksville Quarry, LLC</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">50.00</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">7,522</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">14,341</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(8</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(4</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">BC FRP Realty, LLC</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">50.00</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,228</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10,784</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;Total</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$&nbsp;&nbsp;22,901</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$ 115,545</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$&nbsp;&nbsp;(1,454</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$&nbsp;&nbsp;(1,119</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(1)</TD><TD STYLE="text-align: justify">The Company consolidated this joint venture effective July 1, 2017 (see Footnote 12).</TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">Balance Sheet at December 31, 2016 (in thousands):</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">As of December 31, 2016</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Riverfront</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Brooksville</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">BC FRP</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Holdings I, LLC</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Quarry, LLC</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Realty, LLC</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 47%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Cash</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 3%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,023</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">18</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">21</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,062</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Cash held in escrow</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">88</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">88</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Investments in real estate, net</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">89,309</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">14,323</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10,763</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">114,395</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Assets</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">90,420</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">14,341</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10,784</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">115,545</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Other Liabilities</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6,348</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">47</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6,396</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Long-term Debt</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">69,042</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">69,042</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Capital &#8211; FRP</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10,151</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">7,522</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,228</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">22,901</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Capital - Third Parties</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,879</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6,818</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,509</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">17,206</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Liabilities and Capital</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">90,420</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">14,341</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10,784</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">115,545</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">Income statements for the RiverFront Holdings I, LLC, prior to consolidation
July 1, 2017 (in thousands):</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Three Months Ended</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Nine Months Ended</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">September 30,</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">September 30,</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Revenues:</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 44%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;Rental Revenue</FONT></TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,053</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">127</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;Revenue &#8211; Reimbursements</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">127</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">33</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total Revenues</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">127</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,086</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">127</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Cost of operations:</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Depreciation and amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">228</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,958</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">325</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating expenses</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">405</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,096</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">621</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Property taxes</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">41</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">459</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">41</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total cost of operations</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">674</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,513</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">987</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Total operating profit</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(547</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(427</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(860</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Interest expense</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(280</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,592</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(280</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Net loss of the Partnership</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(827</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(2,019</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,140</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The amount of consolidated accumulated deficit
for these joint ventures&nbsp;was $(2,633,000) and $(1,667,000) as of September 30, 2017 and December 31, 2016 respectively.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>(12) Consolidation of RiverFront Investment
Partners I, LLC. </B>On March 30, 2012 the Company entered into a Contribution Agreement with MRP SE Waterfront Residential, LLC.
(&#8220;MRP&#8221;) to form a joint venture to develop the first phase only of the four phase master development known as RiverFront
on the Anacostia in Washington, D.C. The purpose of the Joint Venture is to develop and own an approximately 300,000 square foot
residential apartment</P>


<!-- Field: Page; Sequence: 16 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">building (including approximately 18,000 square
feet of retail) on approximately 2 acres of the roughly 5.82 acre site. The joint venture, RiverFront Investment Partners I, LLC
(&#8220;RiverFront I&#8221;) was formed in June 2013 as contemplated. The Company contributed land with an agreed to value of $13,500,000
(cost basis of $6,165,000) and contributed cash of $4,866,000 to the Joint Venture for a 77.14% stake in the venture. MRP contributed
capital of $5,553,000 to the joint venture including development costs paid prior to formation of the joint venture. The Joint
Venture closed on $17,000,000 of EB5 secondary financing and a nonrecourse construction loan for $65,000,000 on August 8, 2014.
Both these financing sources are non-recourse to FRP. At the time of these financings, RiverFront Holdings I, LLC. was formed as
a parent to RiverFront Investment Partners I, LLC with EB5 as an equity partner in Riverfront Holdings I, LLC. Construction commenced
in October 2014, first occupancy was in August 2016. As of September 30, 2017 96.4% of the units were leased. The Company&#8217;s
equity interest in the joint venture was previously accounted for under the equity method of accounting as MRP acts as the administrative
agent of the joint venture and oversees and controls the day to day operations of the project.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In July 2017, Phase I (Dock 79) reached stabilization,
meaning 90% of the individual apartments have been leased and are occupied by third party tenants. Upon reaching stabilization,
the Company has, for a period of one year, the exclusive right to (i) cause the joint venture to sell the property or (ii) cause
the Company&#8217;s and MRP&#8217;s percentage interests in the joint venture to be adjusted so as to take into account the contractual
payouts assuming a sale at the value of the development at the time of this &#8220;Conversion election&#8221;.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The attainment of stabilization results in
a change of control for accounting purposes as the veto rights of the minority shareholder lapsed and the Company became the primary
beneficiary. As such, beginning July 1, 2017, the Company consolidated the assets (at fair value), liabilities and operating results
of the joint venture. This consolidation resulted in a gain on remeasurement of investment in real estate partnership of $60,196,000
of which $20,469,000 was attributed to the noncontrolling interest. In accordance with the terms of the Joint Venture agreements,
the Company used the fair value amount at date of conversion and calculated an adjusted ownership under the Conversion election.
As such for financial reporting purposes effective July 1, 2017 the Company ownership is based upon this substantive profit sharing
arrangement and is estimated at 66.0% on a prospective basis.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">As of July 1, 2017</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Riverfront</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Gain on Remeasure-</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="5">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Holdings I, LLC</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">ment</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Revised</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Land</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">7,220</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">21,107</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">28,327</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Building and improvements, net</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">81,773</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">34,362</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">116,135</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Value of leases in place</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,727</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,727</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Cash</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,295</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,295</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Cash held in escrow</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">171</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">171</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Accounts receivable</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">40</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">40</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Prepaid expenses</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">142</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">142</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Assets</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">91,641</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">60,196</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">151,837</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Long-term Debt</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">78,587</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">78,587</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Amortizable debt costs</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(852</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(852</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Other liabilities</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">905</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">905</FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Equity &#8211; FRP</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">8,583</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">39,727&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">48,310</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Equity - MRP</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,418</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">20,469&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">24,887</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Liabilities and Capital</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">91,641</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">60,196</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">151,837</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 4px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 15px">&nbsp;</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 52px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 6px">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 17 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify; text-indent: 0.75in"><B>CONDITION
AND RESULTS OF OPERATIONS</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following discussion includes a non-GAAP
financial measure within the meaning of Regulation G promulgated by the Securities and Exchange Commission to supplement the financial
results as reported in accordance with GAAP. The non-GAAP financial measure discussed is net operating income (NOI). The Company
uses this metric to analyze its continuing operations and to monitor, assess, and identify meaningful trends in its operating and
financial performance. This measure is not, and should not be viewed as, a substitute for GAAP financial measures. Refer to &#8220;Non-GAAP
Financial Measure&#8221; below in this quarterly report for a more detailed discussion, including reconciliations of this non-GAAP
financial measure to its most directly comparable GAAP financial measure.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Overview - </B>FRP Holdings, Inc. (&#8220;FRP&#8221;
or the &#8220;Company&#8221;) is a holding company engaged in the real estate business, namely (i) warehouse/office building ownership,
leasing and management, (ii) mining royalty land ownership and leasing and (iii) land acquisition, entitlement and development
primarily for future warehouse/office or residential building construction.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company&#8217;s operations are influenced
by a number of external and internal factors. External factors include levels of economic and industrial activity in the United
States and the Southeast, construction activity and costs, aggregates sales by lessees from the Company&#8217;s mining properties,
interest rates, market conditions in the Baltimore/Northern Virginia/Washington DC area, and our ability to obtain zoning and entitlements
necessary for property development. Internal factors include administrative costs and group health claims experience.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><U>Potential REIT Conversion.</U></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Whether through strategic acquisitions, organic
growth, joint ventures, or putting our non-income producing land to work, our constant aim is to create and grow shareholder value.
To that end, we have for some time explored the possibility of converting this company into a Real Estate Investment Trust (REIT),
with the idea that this may be a more efficient structure given the nature of our business. In order to have the option to convert
to a REIT, the Company has already elected to change from our previous fiscal year (ending September 30), to a fiscal year that
follows the calendar year as is required of a REIT. This change went into effect January 1, 2017 and required one-time additional
auditing expenses of $120,000 which were reflected in fiscal year 2017. Thus, this past quarter, and every quarter ended September
30 will now be the third quarter of our fiscal year. Finally, consistent with having the option to elect REIT status, we have contributed
our mining reserves into a wholly owned subsidiary. Because the parent company still retains control of the land itself, the portion
of the mining royalties&#8217; income that is not attributable to the reserves, but instead more closely resembles ground rents,
will be retained by the parent company and will qualify as &#8220;REIT-able&#8221; income. The subsidiary will receive only the
income attributable to the reserves it now controls. This structure is intended to assure that we will meet the asset and income
tests applicable to REITs. These preliminary steps will not have a material impact on our operations if the Company does not elect
REIT status.</P>

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><U>Asset Management Segment.</U></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">The Asset Management segment
owns, leases and manages warehouse/office buildings located predominately in the Baltimore/Northern Virginia/Washington, DC market
area.&nbsp; We focus primarily on owning flexible type facilities that cater to the maximum number of tenant types. As most of
our buildings are less than 150,000 square feet, we focus on local and regional vs. national tenants. Hands-on service provided
by our in-house construction and property management teams keeps us close to our tenant base. These practices are the cornerstone
of our mission to provide the highest quality product and services at competitive rates resulting in tenant satisfaction and ultimately,
retention.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">These assets create revenue
and cash flows through tenant rental payments, lease management fees and reimbursements for building operating costs. The major
cash outlays incurred in this segment are for operating expenses, real estate taxes, building repairs, lease commissions and other
lease closing costs, construction of tenant improvements, capital to</P>


<!-- Field: Page; Sequence: 18 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">acquire existing operating
buildings and closing costs related thereto and personnel costs of our property management team. Of the 43 buildings we own today,
28 were constructed by the Company through what is now known as our Land Development and Construction segment. Additionally, over
the years, we have opportunistically acquired 15 existing operating buildings, typically in connection with a deferred like-kind
(Section 1031) exchange opportunity.&nbsp; Today, this segment consists of 4 million square feet.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">Management focuses on several
factors to measure our success on a comparative basis in this segment. The major factors we focus on are (1) revenue growth, (2)
net operating income, (3) growth in occupied square feet, (4) actual occupancy rate, (5) average annual occupied square feet, (6)
average annual occupancy rate (defined as the occupied sf at the end of each month during a fiscal year divided by the number of
months to date in that fiscal year as a percentage of the average number of square feet in the portfolio over that same time period),
(7) growth of our portfolio (in square feet), and (8) tenant retention success rate (as a percentage of total square feet to be
renewed).</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Tahoma, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 52%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: #333333"><B><U>Asset Management segment &#8211; nine months ended </U></B></FONT></TD>
    <TD STYLE="width: 24%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: #333333"><B><U>September 30, 2017</U></B></FONT></TD>
    <TD STYLE="width: 24%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: #333333"><B><U>September 30, 2016</U></B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: #333333">Revenues</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #333333">$22,057,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #333333">21,824,000</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: #333333">Net Operating Income (Cash Basis)</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #333333">$16,715,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #333333">16,554,000</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: #333333">Occupied square feet</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #333333">3,637,236</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #333333">3,486,681</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: #333333">Overall occupancy rate</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #333333">91.3%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #333333">89.9%</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: #333333">Average YTD occupied square feet</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #333333">3,529,911</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #333333">3,383,261</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: #333333">Average YTD occupancy rate</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #333333">89.4%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #333333">89.5%</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: #333333">Portfolio square feet</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: #333333">3,983,813</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: #333333">3,880,365</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: #333333">Retention Success rate</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #333333">81%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #333333">64%</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333"><B><U>Mining Royalty Lands
Segment.</U></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">Our Mining Royalty Lands segment
owns several properties comprising approximately 15,000 acres currently under lease for mining rents or royalties (this does not
include the 4,280 acres owned in our Brooksville joint venture with Vulcan Materials).&nbsp; Other than one location in Virginia,
all of these properties are located in Florida and Georgia.&nbsp; The typical lease in this segment requires the tenant to pay
us a royalty based on the number of tons of mined materials sold from our property during a given fiscal year multiplied by a percentage
of the average annual sales price per ton sold. As a result of this royalty payment structure, we do not bear the cost risks associated
with the mining operations, however, we are subject to the cyclical nature of the construction markets in these States as both
volumes and prices tend to fluctuate through those cycles. In certain locations, typically where the reserves on our property have
been depleted but the tenant still has a need for the leased land, we collect a fixed annual rental amount. We believe that the
number of tons and the price per ton will rise on the aggregates under lease as construction continues to grow in Florida, Georgia,
and Virginia which would positively benefit our profitability in this segment.&nbsp; Our mining properties had estimated remaining
reserves of 415 million tons as of September 30, 2016 after a total of 6.9 million tons were consumed in fiscal 2016.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; color: #333333">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">The major expenses in this
segment are comprised of collection and accounting for royalties, management&#8217;s oversight of the mining leases, land entitlement
for post-mining uses and property taxes at our non-leased locations and at our Grandin location which, unlike our other leased
mining locations, are not paid by the tenant.&nbsp; As such, our costs in this business are very low as a percentage of revenue,
are relatively stable and are not affected by increases in production at our locations. Our current mining tenants include Vulcan
Materials, Martin Marietta and Cemex, among others.&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">Additionally, these locations
provide us with excellent opportunities for valuable &#8220;second lives&#8221; for these assets through proper land planning and
entitlement.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333"><B>Significant &#8220;2<SUP>nd</SUP>
life&#8221; Mining Lands:&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>


<!-- Field: Page; Sequence: 19 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Tahoma, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 22%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B><U>Location</U></B></FONT></TD>
    <TD STYLE="width: 12%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B><U>Acreage</U></B></FONT></TD>
    <TD STYLE="width: 66%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B><U>Status </U></B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Brooksville, FL</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,280 +/-</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Development of Regional of Impact and County Land Use and Master Zoning in place for 5,800 residential unit, mixed-use development</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Ft. Myers, FL </FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,993 +/-</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Approval in place for 105, 1 acre, waterfront residential lots after mining completed.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Gulf Hammock, FL</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,600 +/-</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Currently on the market for $4.5 million</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>7,873 +/-</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333"><B><U>Land Development and
Construction Segment.</U></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 7.5pt; text-align: justify; color: #333333">Through our Land Development
and Construction segment, we own and are continuously monitoring for their &#8220;highest and best use&#8221; several parcels of
land that are in various stages of development.&nbsp; Our overall strategy in this segment is to convert all of our non-income
producing lands into income production through (i) an orderly process of constructing new warehouse/office buildings for us to
own and operate or (ii) a sale to, or joint venture with, third parties.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 7.5pt; text-align: justify; color: #333333">Revenues in this segment
are generated predominately from land sales and interim property rents. The significant cash outlays incurred in this segment are
for land acquisition costs, entitlement costs, property taxes, design and permitting, the personnel costs of our in-house management
team and horizontal and vertical construction costs.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">Since 1990, one of our primary
strategies in this segment has been to acquire, entitle and ultimately develop commercial/industrial business parks providing 5&#8211;15
building pads which we typically convert into warehouse/office buildings. To date, our management team has converted 28 of these
pads into developed buildings that we continue to own and manage through the Asset Management segment. Our typical practice has
been to transfer these assets to the Asset Management segment on the earlier to occur of (i) commencement of rental revenue or
(ii) issuance of the certificate of occupancy. We have also opportunistically sold several of these pad sites over time to third
party &#8220;users&#8221;.&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 7.5pt; text-align: justify; color: #333333">The remaining pad sites
in our inventory today are fully entitled, located in business parks in four different submarkets in the DC/Baltimore/Northern
Virginia area, and can support&nbsp;an additional +/- 876,000 sf. of warehouse/office buildings.&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333"><B>Summary of Our Remaining
Lot Inventory:&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 21%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: black"><B><U>Location</U></B></FONT></TD>
    <TD STYLE="width: 9%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: black"><B><U>Acreage</U></B></FONT></TD>
    <TD STYLE="width: 11%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: black"><B><U>SF +/-</U></B></FONT></TD>
    <TD STYLE="width: 59%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: black"><B><U>Status </U></B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: black">Lakeside, MD </FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: black">20</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: black">286,500</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; color: black">Horizontal development completed. Ready for vertical permitting.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">Windlass Run</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">Business Park, MD</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">17.5</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">(50%</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">Interest)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">164,500</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">(50%</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">Interest)</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Company owns a 50% in a joint venture formed in April 2016 with St. John Properties.&nbsp;&nbsp;The joint venture owns the 35 acres and plans to develop the land into 12 office buildings for a total of 329,000 sq. ft.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Patriot Business Center, Manassas, VA</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">18</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">96,047</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Building permit process ongoing for the remaining 96,047 s.f.&nbsp;&nbsp;Includes 12 acres storm water management.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Hollander 95 Business Park, MD</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">33</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">328,740</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Horizontal development completed. Building permit process ongoing for 94,290 sf.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>88.5</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>875,787</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">Having sites ready for vertical
construction has rewarded us in the past.&nbsp; It is the main reason why we were able to convert 3 of our finished pads at Patriot
Business Park into build-to-suit opportunities in 2012, 2013 and 2014.&nbsp; We completed construction on a 103,448 square foot
building at Patriot Business Park that was put into service in April 2017. We completed construction on a 79,550 square foot spec
building at Hollander Business Park that was put into service in the third quarter of fiscal 2016. In April, 2016 we entered into
a joint venture agreement to develop 12 office buildings on our remaining lots at Windlass Run and on adjacent frontage property
owned by St. John Properties. We will continue to actively monitor these submarkets where we have lots ready for construction and
take advantage of the</P>


<!-- Field: Page; Sequence: 20 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">opportunities presented to
us.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">In addition to the inventory
of finished building lots, we have several other properties that were either spun-off to us from Florida Rock Industries in 1986
or acquired by us from unrelated 3rd parties. These properties, as a result of our &#8220;highest and best use&#8221; studies,
are being prepared for income generation through sale or joint venture with third parties, and in certain cases we are leasing
these properties on an interim basis for an income stream while we wait for the development market to mature.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">Our strategy when selling parcels
outright is to attempt to convert the proceeds into income producing real estate for our Asset Management segment through a Section
1031 tax-deferred exchange. An example of this is the Windlass Run 179 acre tract purchased for $5.2 million in 2002. When purchased,
the entire parcel was zoned for commercial/industrial uses. Today, some 70 acres of this original tract makes up our Windlass Run
Business Park. We successfully rezoned the remaining acreage for medium density residential development and on April 17, 2013,
we entered into a contract to sell the residential portion of the property for $19 million. The first phase of the Windlass Run
residential land was sold for $8 million and the proceeds were used in a Section 1031 exchange to acquire our Transit Business
Park in 2013. Phase 2 was sold in November, 2015 for $11.1 million and we used $9.9 million of the proceeds to acquire the fully
leased Port Capital Building.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">An example of property in this
segment being developed through joint venture is Phase I of our RiverFront on the Anacostia project which was contributed to a
joint venture with MRP in 2014 to construct a 305 unit apartment building including 18,000 sf of ground floor retail.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Significant Investment Lands Inventory:</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; width: 29%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B><U>Location</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B><U>Approx. Acreage</U></B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 41%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B><U>Status</U></B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 18%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B><U>NBV</U></B></P></TD></TR>
<TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">RiverFront on the Anacostia Phases II-IV</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3.7</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Phase II final design approval hearings ongoing.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$10,468,000</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Hampstead Trade Center, MD</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">118</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Residential conceptual design program ongoing.</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$7,169,000</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Square 664E,on the Anacostia River in DC </FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Under lease to Vulcan Materials as a concrete batch plant through 2021 with one 5 year renewal option.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$8,343,000</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>126</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$25,980,000</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 7.5pt; text-align: justify; color: #333333"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 7.5pt; text-align: justify; color: #333333"><B>RIVERFRONT ON THE
ANACOSTIA:</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">This property consists of 5.8
acres on the Anacostia River and is immediately adjacent to the Washington National&#8217;s baseball park in the SE Central Business
District of Washington, DC. Once zoned for industrial use and under a ground lease, this property is no longer under lease and
has been rezoned for the construction of approximately 1.1M square feet of &#8220;mixed-use&#8221; development in four phases.
In 2014, approximately 2.1 acres (Phase I) of the total 5.8 acres was contributed to a joint venture owned by the Company (77%)
and our partner, MRP Realty (23%), and construction commenced in October 2014 on a 305 unit residential apartment building with
approximately 18,000 sq. ft. of first floor retail space. Lease up commenced in May 2016 and rent stabilization was achieved in
the third quarter of 2017. The attainment of stabilization resulted in a change of control for accounting purposes as the veto
rights of the minority shareholder lapsed and the Company became the primary beneficiary. As such, beginning July 1, 2017, the
Company consolidated the assets (at fair value), liabilities and operating results of the joint venture and the property was transferred
from the Land Development and Construction Segment to a new segment, RiverFront on the Anacostia. Phases II, III and IV are slated
for residential, office, and hotel/residential buildings, respectively, all with permitted first floor retail uses. The company
and MRP Realty executed a letter of intent in May 2016 and a Contribution Agreement in February 2017 to develop Phase II but the
joint venture is not yet formed. In February, the D.C. Zoning Commission voted 5-0 in favor of the Planned Unit Development (PUD)
of Phase II of our RiverFront on the Anacostia project. After formal publishing of the record and a 35 day appeal period we anticipate
formal approval in the fourth quarter of this calendar year.</P>


<!-- Field: Page; Sequence: 21 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">On August 24, 2015, in anticipation
of commencing construction of the new Frederick Douglass bridge at a location immediately to the West of the existing bridge, the
District of Columbia filed a Declaration of Taking for a total of 7,390 square feet of permanent easement and a 5,022 square foot
temporary construction easement on land along the western boundary of the land that will ultimately hold Phase III and IV. Previously,
the Company and the District had conceptually agreed to a land swap with no compensation that would have permitted the proposed
new bridge, including construction easements, to be on property wholly owned by the District. As a result, the Planned Unit Development
was designed and ultimately approved by the Zoning Commission as if the land swap would occur once the District was ready to move
forward with the new bridge construction. In September 2016 the Company received $1,115,400 as settlement for the easement. The
Company will continue to seek an agreement from the District that the existing bridge easement will terminate when the new bridge
has been placed in service and the existing bridge has been removed. The Company&#8217;s position is that otherwise Phase IV will
be adversely impacted and additional compensation or other relief will be due the Company.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 7.5pt; text-align: justify; color: #333333"><B>HAMPSTEAD TRADE
CENTER: </B>We purchased this 118 acre tract in 2005 for $4.3 million in a Section 1031 exchange with plans of developing it as
a commercial business park. The &#8220;great recession&#8221; caused us to reassess our plans for this property. As a result, Management
has determined that the prudent course of action is to attempt to rezone the property for residential uses and sell the entire
tract to another developer such that we can redeploy this capital into assets with more near-term income producing potential. In
the fourth quarter of fiscal 2016, the Company received approval from the Town of Hampstead and has rezoned the property for residential
use.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 7.5pt; text-align: justify; color: #333333"><B>SQUARE 664E, WASHINGTON,
DC</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 7.5pt; text-align: justify; color: #333333">This property sits
on the Anacostia River at the base of South Capitol Street in an area named Buzzard Point, approximately 1 mile down river from
our RiverFront on the Anacostia property. The Square 664E property consists of approximately 2 acres and is currently under lease
to Vulcan Materials for use as a concrete batch plant. The lease terminates on August 31, 2021 and Vulcan has the option to renew
for one additional period of five (5) years. In the quarter ending December 31, 2014, the District of Columbia announced that it
had selected Buzzard Point for the future site of the new DC United major league soccer stadium. The selected stadium location
is separated from our property by just one small industrial lot. In March 2017 reconstruction of the bulkhead was completed at
a cost of $4 million in anticipation of future high rise development.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333"><B><U>RiverFront on the Anacostia
Segment.</U></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: #333333">In 2014, approximately
2.1 acres (Phase I) of the total 5.8 acres was contributed to a joint venture owned by the Company (77%) and our partner, MRP Realty
(23%), and construction commenced in October 2014 on a 305 unit residential apartment building with approximately 18,000 sq. ft.
of first floor retail space. Lease up commenced in May 2016 and rent stabilization of the residential units of 90% occupied was
achieved in the third quarter of 2017. </FONT>Upon reaching stabilization, the Company has, for a period of one year, the exclusive
right to (i) cause the joint venture to sell the property or (ii) cause the Company&#8217;s and MRP&#8217;s percentage interests
in the joint venture to be adjusted so as to take into account the contractual payouts assuming a sale at the value of the development
at the time of this &#8220;Conversion election&#8221;.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The attainment of stabilization also results
in a change of control for accounting purposes as the veto rights of the minority shareholder lapsed and the Company became the
primary beneficiary. As such, beginning July 1, 2017, the Company consolidated the assets (at current fair value based on a third
party opinion), liabilities and operating results of the joint venture. This consolidation resulted in a gain on remeasurement
of investment in real estate partnership of $60,196,000 of which $20,469,000 was attributed to the noncontrolling interest. The
Company used the fair value amount to calculate adjusted ownership under the Conversion election. As such for financial reporting
purposes effective July 1, 2017 the Company ownership is based upon this substantive profit sharing arrangement and is estimated
at 66.0% on a prospective basis.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify; color: #333333">As of September 30, the residential
units were 95.4% occupied and 96.4% leased, while retail units are 80.0% leased with just one space remaining.</P>


<!-- Field: Page; Sequence: 22 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0">Comparative Results of Operations for the Three
months ended September 30, 2017 and 2016</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B><U>Consolidated Results</U></B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="7" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Three months ended</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(dollars in thousands)<B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="7" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>September 30,</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>2017</B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>2016</B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Change</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Revenues:</B></FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Rental Revenue</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">8,738</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6,259</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,479</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">39.6</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Mining Royalty and rents</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,763</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,016</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(253</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">-12.5</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Revenue-Reimbursements</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,553</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,501</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">52</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3.5</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Total Revenues</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">12,054</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,776</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,278</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">23.3</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Cost of operations:</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Depreciation/Depletion/Amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,769</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,160</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,609</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">120.8</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Operating Expenses</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,879</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,146</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">733</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">64.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Property Taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,401</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,087</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">314</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">28.9</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Mgmt Co Allocation-In</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">560</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">419</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">141</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">33.7</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Corporate Expense</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">617</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">656</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(39</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">-5.9</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total cost of operations</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,226</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,468</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,758</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">68.7</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Total operating profit</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,828</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,308</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,480</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">-34.4</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Interest Expense</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,251</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(273</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(978</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">358.2</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Equity in loss of joint ventures</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(12</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(652</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">640</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">-98.2</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">Gain on remeasurement of investment in real estate</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">partnership</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">60,196</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">60,196</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">0.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Loss on investment land sold</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(148</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">148</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">-100.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Income before income taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">61,761</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,235</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">58,526</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1809.1</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Provision for income taxes</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">16,577</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,278</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">15,299</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1197.1</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Net income</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">45,184</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,957</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">43,227</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2208.8</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Gain attributable to noncontrolling interest</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">19,793</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">19,793</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">0.0</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Net income attributable to the Company</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">25,391</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,957</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">23,434</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1197.4</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Net income for the third quarter of 2017 was
$25,391,000 or $2.52 per share versus $1,957,000 or $.20 per share in the same period last year. The majority of this uptick in
income is the result of a gain on remeasurement of investment of $60.2 million in its Dock 79 real estate partnership, which is
included in Income from continuing operations before income taxes. As a result of the stabilization of Dock 79, the Company is
now deemed for accounting purposes to have control of the partnership without the transfer of any consideration.&nbsp; As such
the non-taxable gain on remeasurement was calculated based on the difference between the carrying value and the fair value of all
the assets and liabilities of the partnership. The gain included $4,727,000 related to the value of leases in place resulting in
amortization expense of $1,326,000 for the quarter. The lease value is amortized over the life of the leases, 89% of that value
is scheduled to be expensed by June 30, 2018. The gain included $34 million related to the building and improvements which will
result in additional deprecation of $220,000 quarterly. The total gain related depreciation and amortization was $1,546,000 which
explains the majority of the $1,480,000 reduction in operating profit compared to the same quarter last year. Total revenues were
$12,054,000, up 23.3%, versus the same period last year, primarily because of the addition of rental revenues from Dock 79.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B><U>Asset Management Segment Results</U></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>Highlights of the Three Months ended September 30, 2017:</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<UL STYLE="margin-top: 0in; list-style-type: disc">


<!-- Field: Page; Sequence: 23 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<LI STYLE="text-align: justify; margin: 0; font: 11pt Times New Roman, Times, Serif">Total revenue was up $255,000, or 3.5%</LI>

</UL>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Three Months Ended September 30</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(dollars in thousands)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Change</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Rental revenue</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6,174</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">81.5</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,977</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">81.6</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">197</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3.3</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Revenue-reimbursements</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,404</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">18.5</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,346</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">18.4</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">58</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4.3</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total revenue</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">7,578</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">100.0</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">7,323</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">100.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">255</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3.5</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Depreciation, depletion and amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,090</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">27.6</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,071</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">28.3</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">19</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">.9</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating expenses</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,123</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">14.8</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,102</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">15.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">21</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1.9</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Property taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">792</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10.5</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">729</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">63</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">8.6</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Management company indirect</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">237</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3.1</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">176</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.4</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">61</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">34.7</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Corporate expense</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">350</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4.6</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">339</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4.6</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">11</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3.2</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Cost of operations</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,592</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">60.6</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,417</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">60.3</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">175</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4.0</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating profit</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,986</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">39.4</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,906</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">39.7</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">80</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.8</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 3px">&nbsp;</TD>
    <TD STYLE="width: 17px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Total revenues in this segment were $7,578,000,
up $255,000 or 3.5%, over the same period last year. Net Operating Income (NOI) in this segment for the third quarter declined
slightly to $5,614,000, compared to $5,627,000 in the same period last year. Several factors caused revenue to increase while NOI
remained stable. Revenues inclusive of reimbursables and unrealized rents have increased over the same period last year as a result
of new buildings and increased occupancy. However, the uptick in reimbursable expenses increased revenue without increasing NOI,
and the non-reimbursable expenses did nothing for revenue and adversely affected NOI. Additionally, cash-based NOI as calculated
by the Company excludes unrealized rents which are the result of &#8220;straight-lining&#8221; rental revenue over the life of
a lease, i.e. averaging the total rent of the lease over the term. Thus, though revenue as calculated by GAAP may be up because
of new leases, cash-based NOI is not as positively affected because the actual rent paid by the tenant in the beginning of a lease
is less than the GAAP-based straight-lined rent. We ended the third quarter with total occupied square feet of 3,637,236 versus
3,486,681 at the end of the same period last year, an increase of 4.3% or 150,555 square feet. Our overall occupancy rate was 91.3%.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B><U>Mining Royalty Lands Segment Results</U></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>Highlights of the Three Months ended September 30, 2017:</B></P>

<UL STYLE="margin-top: 0in; list-style-type: disc">

<LI STYLE="text-align: justify; margin: 0; font: 11pt Times New Roman, Times, Serif">Mining Royalty and rents revenue were down
$251,000, or 12.5%.</LI>

</UL>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Three Months Ended September 30</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(dollars in thousands)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 48%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Mining Royalty and rents</FONT></TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,763</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">98.7</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,014</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">98.9</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Revenue-reimbursements</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">23</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1.3</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">23</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1.1</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total revenue</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,786</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">100.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,037</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">100.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Depreciation, depletion and amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">17</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">.9</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">24</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1.2</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating expenses</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">43</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.4</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">40</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Property taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">59</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3.3</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">58</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.8</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Corporate expense</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">30</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1.7</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">49</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.4</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Cost of operations</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">149</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">8.3</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">171</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">8.4</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating profit</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,637</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">91.7</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,866</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">91.6</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
</TABLE>

<!-- Field: Page; Sequence: 24 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Total revenues in this segment were $1,786,000,
a decrease of 12%, versus $2,037,000 in the same period last year.&nbsp; This drop is primarily due a $127,000 decrease in royalties
at our Manassas, Va. quarry, a $47,000 decrease in royalties at our Newberry, Fl. location, a $29,000 decrease in royalties at
our Keuka, Fl. location, a $23,000 decrease in royalties at our Tyrone, Ga. quarry, as well as a $41,000 decrease in royalties
at our Lake Sand, Fl. location.&nbsp; Royalties are down in Manassas because of a $107,000 downward adjustment in last year&#8217;s
royalties that we recorded in September.&nbsp; Royalties were down in Newberry because of lower volumes than the previous year.&nbsp;
2016 saw a 300,000 ton increase in production at Newberry over the previous year because operational issues in Argos&#8217; cement
plants in South Carolina and Alabama caused Newberry to increase production to absorb the volumes of those plants.&nbsp; Those
issues have been fixed and production at Newberry has returned to a level more in line with the growth rate of years prior to 2016.&nbsp;
The dip in royalties at Keuka, like at Newberry, is the result of a return to more normal volumes when compared to the previous
year.&nbsp; In 2016, several golf course construction projects led to increased golf sand production.&nbsp; Those projects have
been completed, and so 2017 golf sand shipments have been reflective of maintenance activities.&nbsp; Thus Keuka has had lower
volumes than the previous year.&nbsp; Like last quarter, royalties were down in Tyrone compared to last year because of excessive
rainfall. Finally, as stated the last several quarters, royalties have fallen off in Lake Sand as a consequence of Vulcan having
fully depleted our proven reserves there.&nbsp; Further capital expenditures would be required by our tenant to change their mining
plan at Lake Sand and realize more than three million tons of possible reserves, which we do not anticipate any time soon.&nbsp;&nbsp;
Total operating profit in this segment was $1,637,000, a decrease of $229,000 versus $1,866,000 in the same period last year.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><B><U>Land Development and Construction
Segment Results</U></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>Highlights of the Three Months ended September 30, 2017:</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<UL STYLE="margin-top: 0in; list-style-type: disc">

<LI STYLE="text-align: justify; margin: 0; font: 11pt Times New Roman, Times, Serif">The Company continues to work with MRP Realty
to develop Phase II of the Riverfront on the Anacostia.</LI>

</UL>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="11" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Three Months ended September 30</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(dollars in thousands)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Change</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 51%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Rental revenue</FONT></TD>
    <TD STYLE="width: 3%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">207</FONT></TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 3%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">282</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 3%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(75</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Royalty and rents</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(2</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Revenue-reimbursements</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">116</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">132</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(16</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total revenue</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">323</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">416</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(93</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Depreciation, depletion and amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">98</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">65</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">33</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating expenses</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">52</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">48</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Property taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">282</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">300</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(18</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Management company indirect</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">281</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">243</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">38</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Corporate expense</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">210</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">268</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(58</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Cost of operations</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">923</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">880</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">43</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating loss</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(600</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(464</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(136</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Land Development and Construction segment
is responsible for (i) seeking out and identifying opportunistic purchases of income producing warehouse/office buildings, and
(ii) developing our non-income producing properties into income production.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">With respect to ongoing projects:</P>


<!-- Field: Page; Sequence: 25 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 11pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Our new spec building at Patriot Business Center was placed in service
this past April and is currently 100% leased and occupied </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 11pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">In February, the D.C. Zoning Commission voted 5-0 in favor of the
Planned Unit Development (PUD) of Phase II of our RiverFront on the Anacostia project. After formal publishing of the record and
a 35 day appeal period we anticipate formal approval by the end of the year</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 11pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">We are fully engaged in the formal process of seeking PUD entitlements
for our 118 acre tract in Hampstead, Md</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 11pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">We made major progress this quarter in our joint venture with St.
John Properties on what remained of our Windlass Run Business Park. The JV secured financing on a $17,580,000 construction and
development loan and began construction on what will be a multi-building business park consisting of approximately 329,000 square
feet of office and retail space.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Equity in loss of joint ventures was $12,000
because of the Brooksville Joint Venture.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B><U>RiverFront on the Anacostia Segment Results</U></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>Highlights of the Three Months ended September 30, 2017:</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<UL STYLE="margin-top: 0in; list-style-type: disc">

<LI STYLE="text-align: justify; margin: 0; font: 11pt Times New Roman, Times, Serif">Beginning July 1, 2017, the Company consolidated
the assets (at current fair value), liabilities and operating results of the joint venture and established the RiverFront on the
Anacostia segment as its fourth segment. FRP&#8217;s share of prior period results are included in the line Equity in loss of joint
ventures in the Company&#8217;s overall Consolidated Statements of Income.</LI>

</UL>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Three Months Ended September 30</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(dollars in thousands)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 48%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Rental revenue</FONT></TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,357</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">99.6</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Revenue-reimbursements</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">.4</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total revenue</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,367</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">100.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Depreciation and amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,564</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">108.3</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating expenses</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">661</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">27.9</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Property taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">268</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">11.3</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Management company indirect</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">42</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1.8</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Corporate expense</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">27</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1.2</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Cost of operations</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,562</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">150.5</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating profit</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,195</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">-50.5</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In July 2017, Phase I (Dock 79) of the development
known as RiverFront on the Anacostia in Washington, D.C., a 300,000 square foot residential apartment building developed by a joint
venture between the Company and MRP, reached stabilization, meaning 90% of the individual apartments have been leased and are occupied
by third party tenants. Upon reaching stabilization, the Company has, for a period of one year, the exclusive right to (i) cause
the joint venture to sell the property or (ii) cause the Company&#8217;s and MRP&#8217;s percentage interests in the joint venture
to be adjusted so as to take into account the value of the development at the time of stabilization. The attainment of stabilization
also resulted in a change of control for accounting purposes as the veto rights of the minority shareholder lapsed and the Company
became the primary beneficiary.&nbsp; As such, beginning July 1, 2017, the Company consolidated the assets (at current fair value),
liabilities and operating results of the joint venture and established the RiverFront on the Anacostia segment as its fourth segment.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">At the end of September, Dock 79 was 96.4%
leased and 95.4% occupied. As the first &#8220;generation&#8221; of leases came up for renewal this quarter, the renewal rate of
53% is in line with expectations while the average rent increase of 3.89% is stronger than we budgeted.</P>

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0">Comparative Results of Operations for the Nine months
ended September 30, 2017 and 2016</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B><U>Consolidated Results</U></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="7" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Nine months ended</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(dollars in thousands)<B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="7" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>September 30,</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>2017</B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>2016</B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Change</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Revenues:</B></FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Rental Revenue</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">21,243</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">18,430</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,813</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">15.3</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Mining Royalty and rents</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,311</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,805</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(494</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">-8.5</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Revenue-Reimbursements</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,182</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,399</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(217</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">-4.9</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Total Revenues</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">30,736</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">28,634</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,102</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">7.3</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Cost of operations:</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Depreciation/Depletion/Amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,030</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6,155</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,875</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">46.7</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Operating Expenses</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,882</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,651</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">231</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6.4</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Environmental remediation expense</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,000</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(2,000</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">-100.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Property Taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,592</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,357</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">235</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">7.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Mgmt Co Allocation-In</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,504</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,340</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">164</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">12.2</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;&nbsp;Corporate Expense</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,510</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,348</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">162</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6.9</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total cost of operations</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">20,518</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">18.851</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,667</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">8.8</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Total operating profit</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10,218</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9,783</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">435</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4.4</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Interest income and other</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">-100.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Interest Expense</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,870</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,080</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(790</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">73.1</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Equity in loss of joint ventures</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,589</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(924</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(665</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">72.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">Gain on remeasurement of investments in real estate</P>
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">Partnership</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">60,196</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">60,196</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">0.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Loss on investment land sold</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(257</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">257</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">-100.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Income before income taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">66,955</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">7,523</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">59,432</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">790.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Provision for income taxes</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">18,615</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,972</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">15,643</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">526.3</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Net income</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">48,340</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,551</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">43,789</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">962.2</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Gain attributable to noncontrolling interest</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">19,793</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">19,793</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">0.0</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Net income attributable to the Company</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">28,547</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,551</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">23,996</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">527.3</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Net income for the first nine months of 2017
was $28,547,000 or $2.84 per share versus $4,551,000 or $.46 per share in the first nine months last year. The majority of this
uptick in income is the result of a gain on remeasurement of investment of $60.2 million in its Dock 79 real estate partnership,
which is included in Income from continuing operations before income taxes. As a result of the stabilization of Dock 79, the Company
is now deemed for accounting purposes to have control of the partnership without the transfer of any consideration.&nbsp; As such
the non-taxable gain on remeasurement was calculated based on the difference between the carrying value and the fair value of all
the assets and liabilities of the partnership. This increase in net income when compared to last year was also augmented by a prior
year $2,000,000 remediation expense offset by a $665,000 increase this year in equity in loss of joint ventures, primarily as a
result of expenses and depreciation during the lease up of Phase I (Dock 79) of RiverFront. Total revenues were $30,736,000, up
7.3%, versus the first nine months last year. Consolidated total operating profit was up 4.4%.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 27 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B><U>Asset Management Segment Results</U></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>Highlights of the Nine Months ended September 30, 2017:</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<UL STYLE="margin-top: 0in; list-style-type: disc">

<LI STYLE="text-align: justify; margin: 0; font: 11pt Times New Roman, Times, Serif">Rental revenue was up $398,000, or 2.2%</LI>

</UL>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Nine Months Ended September 30</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(dollars in thousands)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Change</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Rental revenue</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">18,285</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">82.9</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">17,887</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">82.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">398</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.2</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Revenue-reimbursements</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,772</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">17.1</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,937</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">18.0</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(165</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">-4.2</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total revenue</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">22,057</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">100.0</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">21,824</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">100.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">233</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1.1</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Depreciation, depletion and amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6,112</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">27.7</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,891</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">27.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">221</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3.8</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating expenses</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,941</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">13.3</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,306</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">15.1</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(365</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">-11.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Property taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,317</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10.5</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,059</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9.4</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">258</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">12.5</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Management company indirect</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">616</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.8</FONT></TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">582</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.7</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">34</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5.8</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Corporate expense</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,424</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">6.5</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,213</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5.6</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">211</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">17.4</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Cost of operations</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">13,410</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">60.8</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">13,051</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">59.8</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">359</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.8</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating profit</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">8,647</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">39.2</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">8,773</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">40.2</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(126</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">-1.4</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 3px">&nbsp;</TD>
    <TD STYLE="width: 17px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Total revenues in this segment were $22,057,000,
up $233,000 or 1.1%, over the first nine months last year. The increase in revenue is due to the addition of new buildings and
increased total occupancy. Net Operating Income in this segment for the first nine months of 2017 was $16,715,000, compared to
$16,555,000 in the first nine months of 2016, an increase of 1%.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Depreciation and amortization expense
increased primarily because of the purchase of the Gilroy Center in Baltimore County in July of 2016 and the completion of a 79,550
square foot warehouse at Hollander Business Park in April 2016 and a 103,448 square foot warehouse at Patriot Business Center in
April of 2017.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Corporate expense increased due to a
first quarter stock option modification expense of $191,000 and increased internal and external audit expense incurred as a result
of the conversion from the previous fiscal year (ending September 30) to one that follows the calendar year.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B><U>Mining Royalty Lands Segment Results</U></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>Highlights of the Nine Months ended September 30, 2017:</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<UL STYLE="margin-top: 0in; list-style-type: disc">

<LI STYLE="text-align: justify; margin: 0; font: 11pt Times New Roman, Times, Serif">Mining Royalty and rents revenue were down
$494,000, or 8.5%.</LI>

</UL>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Nine Months Ended September 30</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(dollars in thousands)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 48%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Mining Royalty and rents</FONT></TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,311</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">98.7</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,805</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">98.8</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Revenue-reimbursements</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">70</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1.3</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">69</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1.2</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total revenue</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,381</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">100.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,874</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">100.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Depreciation, depletion and amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">91</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1.7</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">70</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1.2</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating expenses</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">121</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.2</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">124</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.1</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Property taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">176</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3.3</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">176</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Corporate expense</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">124</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2.3</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">176</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3.0</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Cost of operations</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">512</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9.5</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">546</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">9.3</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating profit</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,869</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">90.5</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,328</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">90.7</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
</TABLE>


<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 28 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">Total revenues in this segment were $5,381,000,
a decrease of 8.4%, versus $5,874,000 in the first nine months last year.&nbsp; This drop is due to a $260,000 decrease in royalties
at our Manassas, Va. location, a $154,000 decrease at our Tyrone, Ga. Location, a $127,000 decrease at our Newberry, Fl. location,
a $101,000 decrease at our Keuka, Fl. location, and a $197,000 decrease in royalties at our Lake Sand, Fl. location.&nbsp; Royalties
are down in Manassas because of Vulcan&#8217;s mining a portion of the quarry not owned by the Company for two months in our second
quarter as well as a $107,000 downward adjustment in last year&#8217;s royalties that we recorded in September.&nbsp; Vulcan has
returned to our portion of the quarry and will be mining there the remainder of the year.&nbsp; Royalties were down in Tyrone compared
to last year because of excessive rainfall the past two quarters.&nbsp; Royalties were down in Newberry because of lower volumes
than the previous year.&nbsp; 2016 saw a 300,000 ton increase in production at Newberry over the previous year because operational
issues in Argos&#8217; cement plants in South Carolina and Alabama caused Newberry to increase production to absorb the volumes
of those plants.&nbsp; Those issues have been fixed and production at Newberry has returned to a level more in line with the growth
rate of years prior to 2016.&nbsp; The dip in royalties at Keuka, like at Newberry, is the result of a return to more normal volumes
when compared to the previous year.&nbsp; In 2016, several golf course construction projects led to increased golf sand production.&nbsp;
Those projects were completed so as a result, 2017 golf sand shipments have been reflective of maintenance activities and thus
Keuka has had lower volumes than the previous year.&nbsp;&nbsp;&nbsp; As stated previously, royalties have fallen off in Lake Sand
as a consequence of Vulcan having fully depleted our proven reserves there.&nbsp; Further capital expenditures would be required
by our tenant to change their mining plan at Lake Sand and realize more than three million tons of possible reserves, which we
do not anticipate any time soon.&nbsp; Total operating profit in this segment was $4,869,000, a decrease of $459,000 versus $5,328,000
in the first nine months last year.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><B><U>Land Development and Construction
Segment Results</U></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>Highlights of the Nine Months ended September 30, 2017:</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<UL STYLE="margin-top: 0in; list-style-type: disc">

<LI STYLE="text-align: justify; margin: 0; font: 11pt Times New Roman, Times, Serif">The Company continues to work with MRP Realty
to develop Phase II of the Riverfront on the Anacostia.</LI>

</UL>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="11" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Nine Months ended September 30</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(dollars in thousands)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Change</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 51%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Rental revenue</FONT></TD>
    <TD STYLE="width: 3%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">601</FONT></TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 3%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">543</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 3%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">58</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Revenue-reimbursements</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">330</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">393</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(63</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total revenue</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">931</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">936</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(5</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Depreciation, depletion and amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">263</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">194</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">69</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating expenses</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">159</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">221</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(62</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Environmental remediation expense</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,000</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(2,000</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Property taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">831</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1,122</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(291</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Management company indirect</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">846</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">758</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">88</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Corporate expense</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">935</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">959</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(24</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Cost of operations</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,034</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">5,254</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(2,220</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating loss</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(2,103</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(4,318</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,215</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Land Development and Construction segment
is responsible for (i) seeking out and identifying opportunistic</P>


<!-- Field: Page; Sequence: 29 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">purchases of income producing warehouse/office
buildings, and (ii) developing our non-income producing properties into income production.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">With respect to ongoing projects:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 11pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">During the first quarter, we completed construction of the bulkhead
at our 664E property on the Anacostia ahead of schedule and under budget. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 11pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Our new spec building at Patriot Business Center was placed in service
this past April and is currently 100% leased and occupied </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 11pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">In February, the D.C. Zoning Commission voted 5-0 in favor of the
Planned Unit Development (PUD) of Phase II of our RiverFront on the Anacostia project. After formal publishing of the record and
a 35 day appeal period we anticipate formal approval by the end of the year</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 11pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">We are fully engaged in the formal process of seeking PUD entitlements
for our 118 acre tract in Hampstead, Md</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 11pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">We made major progress during the third quarter in our joint venture
with St. John Properties on what remained of our Windlass Run Business Park. The JV secured financing on a $17,580,000 construction
and development loan and began construction on what will be a multi-building business park consisting of approximately 329,000
square feet of office and retail space.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Because of operating losses and depreciation
during the lease up of Dock 79, equity in loss of joint ventures was $1,589,000 (including a loss of $31,000 in the Brooksville
Joint Venture).</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B><U>RiverFront on the Anacostia Segment Results</U></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>Highlights of the Nine Months ended September 30, 2017:</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<UL STYLE="margin-top: 0in; list-style-type: disc">

<LI STYLE="text-align: justify; margin: 0; font: 11pt Times New Roman, Times, Serif">Beginning July 1, 2017, the Company consolidated
the assets (at current fair value), liabilities and operating results of the joint venture and established the RiverFront on the
Anacostia segment as its fourth segment. FRP&#8217;s share of prior period results are included in the line Equity in loss of joint
ventures in the Company&#8217;s overall Consolidated Statements of Income.</LI>

</UL>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Nine Months Ended September 30</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(dollars in thousands)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2017</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2016</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 48%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Rental revenue</FONT></TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,357</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">99.6</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Revenue-reimbursements</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">10</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">.4</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total revenue</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,367</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">100.0</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Depreciation and amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,564</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">108.3</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating expenses</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">661</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">27.9</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Property taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">268</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">11.3</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Management company indirect</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">42</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1.8</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Corporate expense</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">27</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">1.2</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Cost of operations</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">3,562</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">150.4</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating profit</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,195</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">-50.4</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">%</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In July 2017, Phase I (Dock 79) of the development
known as RiverFront on the Anacostia in Washington, D.C., a 300,000 square foot residential apartment building developed by a joint
venture between the Company and MRP, reached stabilization, meaning 90% of the individual apartments have been leased and are occupied
by third party tenants. Upon reaching stabilization, the Company has, for a period of one year, the exclusive right to (i) cause
the joint</P>


<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">venture to sell the property or (ii) cause
the Company&#8217;s and MRP&#8217;s percentage interests in the joint venture to be adjusted so as to take into account the value
of the development at the time of stabilization. The attainment of stabilization also resulted in a change of control for accounting
purposes as the veto rights of the minority shareholder lapsed and the Company became the primary beneficiary.&nbsp; As such, beginning
July 1, 2017, the Company consolidated the assets (at current fair value), liabilities and operating results of the joint venture
and established the RiverFront on the Anacostia segment as its fourth segment.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">At the end of September, Dock 79 was 96.42%
leased and 95.4% occupied. As the first &#8220;generation&#8221; of lease came up for renewal this quarter, the renewal rate of
53% is in line with expectations while the average rent increase of 3.89% is stronger than we budgeted.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Liquidity and Capital Resources.</B> The
growth of the Company&#8217;s businesses requires significant cash needs to acquire and develop land or operating buildings and
to construct new buildings and tenant improvements. As of September 30, 2017, we had $5,687,000 borrowed under our $20 million
Wells Fargo revolver, $2,266,000 outstanding under letters of credit and $12,047,000 available to borrow under the revolver. The
Company closed on a $20 million secured revolver with First Tennessee Bank on July 24, 2015 and as of September 30, 2017, we had
$753,000 borrowed and $19,247,000 available to borrow under the revolver. First Tennessee has also committed to provide an additional
$20 million of secured financing to the Company on a ten year term loan amortizing on a twenty five (25) year basis. We expect
to close on this second loan with First Tennessee during 2017.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Cash Flows </B>- The following table summarizes
our cash flows from operating, investing and financing activities for each of the periods presented (in thousands of dollars):</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="4" STYLE="layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Nine months</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Ended September 30,</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>2017</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>2016</B></FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 75%; padding-left: 12pt; layout-grid-mode: line; text-indent: -12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total cash provided by (used for):</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 11%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%; border-top: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; padding-left: 12pt; layout-grid-mode: line; text-indent: -12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Operating activities</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">15,321</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">13,662</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 12pt; layout-grid-mode: line; text-indent: -12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Investing activities</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(10,920</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(14,409</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; padding-left: 12pt; layout-grid-mode: line; text-indent: -12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Financing activities</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(1,771</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">)&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">747</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 12pt; layout-grid-mode: line; text-indent: -12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Increase in cash and cash equivalents</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">2,630</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 12pt; layout-grid-mode: line; text-indent: -12pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 12pt; layout-grid-mode: line; text-indent: -12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Outstanding debt at the beginning of the period</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">40,745</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">42,099</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 12pt; layout-grid-mode: line; text-indent: -12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;Outstanding debt at the end of the period</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">115,113</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">37,081</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Operating Activities - </B>Net cash provided
by operating activities increased $1,659,000 to $15,321,000 for the nine months ended September 30, 2017. The total of net income
plus depreciation, depletion and amortization less gains on sales of property and equipment less gain on remeasurement decreased
$13,734,000 versus the same period last year due to the net income in noncontrolling interest offset by the gain on remeasurement
of real estate partnership upon consolidation of the assets (at current fair value), liabilities and operating results of the RiverFront
joint venture . These changes are described above under &#8220;Comparative Results of Operations&#8221;. Equity in the loss of
joint ventures was $1,589,000 in the first nine months of 2017 primarily as a result of expenses and depreciation during the lease
up of Dock 79. Deferred income tax liabilities increased by $19,620,000 primarily due to consolidation of the assets (at current
fair value), liabilities and operating results of the RiverFront joint venture. Income tax receivable was $1,852,000 at September
30, 2017 compared to income tax payable of $887,000 at December 31, 2016 resulting in a negative impact to net cash provided by
operating activities of $2,739,000 primarily due to the bonus depreciation on Dock 79.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Investing Activities</B> - For the nine
months ended September 30, 2017, cash required by investing activities decreased $3,489,000 to $10,920,000.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Financing Activities</B> &#8211; For the
nine months ended September 30, 2017, cash required by financing activities was $1,771,000 versus cash provided by financing activities
of $747,000 in 2016 primarily due to lower borrowing on the revolver offset by higher exercises of employee stock options.</P>


<!-- Field: Page; Sequence: 31 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><B>Credit Facilities -</B> On January
30, 2015, in connection with the Spin-off, the Company terminated its $55 million credit facility entered with Wells Fargo Bank,
N.A. in 2012 and simultaneously entered into a new five year credit agreement with Wells Fargo with a maximum facility amount of
$20 million (the &quot;Credit Agreement&quot;). The Credit Agreement provides a revolving credit facility (the &#8220;Revolver&#8221;)
with a $10 million sublimit available for standby letters of credit. At the time of the Spin-off, the Company refinanced $10,483,000
of borrowings then outstanding on the terminated revolver. As of September 30, 2017, there was $5,687,000 outstanding on the revolver
and $2,266,000 outstanding under letters of credit and $12,047,000 available for borrowing. The letters of credit were issued to
guarantee certain obligations to state agencies related to real estate development. Most of the letters of credit are irrevocable
for a period of one year and typically are automatically extended for additional one-year periods. The Revolver bears interest
at a rate of 1.4% over the selected LIBOR, which may change quarterly based on the Company&#8217;s ratio of Consolidated Total
Debt to Consolidated Total Capital, as defined. A commitment fee of 0.15% per annum is payable quarterly on the unused portion
of the commitment. The commitment fee may also change quarterly based upon the ratio described above. The credit agreement contains
certain conditions and financial covenants, including a minimum $110 million tangible net worth. As of September 30, 2017, the
tangible net worth covenant would have limited our ability to pay dividends or repurchase stock with borrowed funds to a maximum
of $77.5 million combined. The Company was in compliance with all covenants as of September 30, 2017.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">During the first quarter of fiscal
2015, the Company announced the execution of a commitment from First Tennessee Bank to provide up to $40 million dollars of mortgage
backed financing in two separate facilities. On July 24, 2015 the Company closed on a five year, $20 million secured revolver with
a twenty-four month window to convert up to the full amount of the facility into a ten year term loan. Interest accrues at 1.90%
over one month LIBOR plus an annual commitment fee of 0.10%. As of September 30, 2017, there was $753,000 outstanding on the revolver
and $19,247,000 available for borrowing. The second facility is a $20 million ten year term loan secured by to-be-determined collateral.
The purpose of these loans is to facilitate growth through new construction in the Land Development and Construction segment and/or
acquisition of existing, operating buildings to be added to the Asset Management segment.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Cash Requirements</B> &#8211; The Board
of Directors has authorized Management to repurchase shares of the Company&#8217;s common stock from time to time as opportunities
arise. During the nine months ended September 30, 2017 the Company repurchased 2,000 shares of stock. As of September 30, 2017,
$4,883,000 was authorized for future repurchases of common stock. The Company does not currently pay any cash dividends on common
stock.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The Company currently expects its
2017 capital expenditures to include approximately $19,165,000 for real estate development and acquisitions, of which $12,595,000
has been expended to date, which will be funded mostly out of cash generation from operations and property sales or partly from
borrowings under our credit facilities.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>REIT Conversion</B> &#8211; Due to the pending
tax reform proposals now in Congress, we have decided to defer the REIT election decision until 2018. If we elect REIT status,
we would be required to distribute to our shareholders an amount equal to at least 90% of our REIT taxable income, determined without
regard to the dividends paid deduction and excluding any net capital gains. Since we will not elect REIT status for the 2017 calendar
year, we would not expect to commence paying regular distributions until 2019 at the earliest. The amount, timing and frequency
of future distributions, however, will be at the sole discretion of our Board of Directors and will be declared based upon various
factors, many of which are beyond our control, including, our financial condition and operating cash flows, the amount required
to maintain REIT status and reduce any income and excise taxes that we otherwise would be required to pay, limitations on distributions
in our existing and future debt instruments, limitations on our ability to fund distributions using cash generated through taxable
REIT subsidiaries and other factors that our Board of Directors may deem relevant.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We currently operate as a C corporation. A
REIT is not permitted to retain earnings and profits (&#8220;E&amp;P&#8221;) accumulated during the periods when the company or
its predecessor was taxed as a C corporation. If we elect REIT status for the year ending December 31, 2018, we would issue a special
distribution to our shareholders of accumulated earnings and profits on or prior to December 31, 2018 (the &#8220;E&amp;P Distribution&#8221;).
The E&amp;P Distribution would be taxable to our shareholders. We have not yet determined the amount of our accumulated earnings
and profits. We anticipate that the E&amp;P Distribution would be made in the form of 75% FRP common stock and 25% cash, although
no decision has been</P>


<!-- Field: Page; Sequence: 32 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">made as to the composition of any E&amp;P Distribution.
The timing of the planned E&amp;P Distribution, which may or may not occur, may be affected by potential changes in tax law, the
completion of various phases of the REIT conversion process and other factors beyond our control.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Summary and Outlook</B>. This past quarter
was a momentous one across all of our segments. Thanks to the amazing efforts of our Baltimore office, Asset Management increased
occupancy from 86.8% at the end of June to our present occupancy of 91.3%, a remarkable 4.5% increase in the span of three months.
After twenty years of work by Florida Rock Industries and Vulcan Materials to get our Ft. Myers property fully entitled, Mining
Royalties saw the first tons extracted from that quarry. Though production this past quarter was offset by prepaid royalties, going
forward, Vulcan&#8217;s ability finally to realize the 16,000,000 tons of reserves at this site should positively impact revenue
and income as it creates an opportunity to collect more than the minimums from this location. Land Development and Construction
got the latest building at Patriot fully leased and occupied way ahead of schedule, secured financing for our joint venture with
St. John properties, and began construction on the project as well. The ability of this segment to turn vacant land into income
production is essential for the growth of the Company. Finally, and perhaps most importantly, this past quarter saw the stabilization
and our subsequent consolidation of Dock 79 as the joint venture achieved occupancy greater than 90%. That this consolidation happened
ahead of schedule and with stronger rents than expected or budgeted is a testament to the efforts of our partner and the high quality
of the asset.</P>

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the remainder of this year, we expect
to find permanent financing for Dock 79 and continue pre-development activities for Phase II with the expectation that we will
break ground in the last quarter of this year or the first quarter of 2018. Finally, we have for some time been debating the merits
of converting this company into a REIT. Given the White House&#8217;s stated intention to overhaul our federal tax code, and because
a change in the corporate income tax rate would mitigate many of the advantages of becoming a REIT, we are delaying our decision
to elect REIT status until it is clear either way whether there will be meaningful change in the corporate income tax rate.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Non-GAAP Financial Measures.</B></P>

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">To supplement the financial results presented
in accordance with GAAP, FRP presents certain non-GAAP financial measures within the meaning of Regulation G promulgated by the
Securities and Exchange Commission. The non-GAAP financial measure included in this quarterly report is net operating income (NOI).
FRP uses this non-GAAP financial measure to analyze its continuing operations and to monitor, assess, and identify meaningful trends
in its operating and financial performance. These measures are not, and should not be viewed as, substitutes for GAAP financial
measures.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Net Operating Income Reconciliation</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Three months ended 09/30/17 (in thousands)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Asset</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Land</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">RiverFront</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Mining</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">FRP</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Management</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Development</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Anacostia</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Royalties</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Holdings</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Segment</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Segment</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Segment</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Segment</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Totals</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 42%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Income from continuing operations</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,581</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">580</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 7%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">42,040</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 7%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">983</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">45,184</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Income Tax Allocation</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,031</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">378</FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">14,526</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">642</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">16,577</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Income&nbsp;&nbsp;from continuing operations &nbsp;before income taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">2,612</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">958</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">56,566</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,625</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">61,761</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Less:</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Gain on remeasurement of investment in real estate partnership</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">60,196</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Equity in Joint Venture</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,558</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Lease intangible rents</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Unrealized rents</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">48</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">50</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Plus:</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Equity in loss of Joint Venture</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,558</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Interest Expense</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">374</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">877</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Depreciation/Amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">2,090</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">98</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">2,564</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Management Co. Indirect</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">237</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">281</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">42</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Allocated Corporate Expenses</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">350</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">210</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">27</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Net Operating Income (loss)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">5,614</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(11</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,388</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 33 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="14" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Net Operating Income Reconciliation</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="14" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Three months ended 09/30/16 (in thousands)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; width: 51%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Asset</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Land</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Mining</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">FRP</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Management</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Development</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Royalties</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Holdings</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Segment</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Segment</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Segment</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Totals</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Income (loss) from continuing operations</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,592</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(758</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,123</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,957</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Income Tax Allocation</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,039</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(495</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">734</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,278</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Inc. (loss) from continuing operations &nbsp;before income taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">2,631</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(1,253</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,857</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">3,235</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Less:</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Lease intangible rents</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">4</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&mdash;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Plus:</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Unrealized rents</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">139</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&mdash;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Equity in loss of Joint Venture</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&mdash;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">642</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Loss on investment land sold</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">148</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Interest Expense</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">274</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&mdash;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Depreciation/Amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">2,071</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">65</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Management Co. Indirect</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">176</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">243</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Allocated Corporate Expenses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">339</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">267</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Net Operating Income </FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">5,627</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">112</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Net Operating Income Reconciliation</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Nine months ended 09/30/17 (in thousands)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Asset</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Land</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">RiverFront&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Mining</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">FRP</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Management</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Development</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Anacostia</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Royalties</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Holdings</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Segment</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Segment</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Segment</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Segment</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Totals</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 44%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Income (loss) from continuing operations</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">4,645</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 10%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(1,280</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">)</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 6%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">42,040</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 6%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">2,935</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 9%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">48,340</FONT></TD>
    <TD STYLE="width: 1%; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Income Tax Allocation</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">3,009</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(823</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">14,526</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,903</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">18,615</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Inc. (loss) from continuing operations &nbsp;before income taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">7,654</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(2,103</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">56,566</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">4,838</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">66,955</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Less:</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Gain on remeasurement of investment in real estate partnership</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">60,196</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Lease intangible rents</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">5</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Unrealized rents</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">79</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">50</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Plus:</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Unrealized rents</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Equity in loss of Joint Venture</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,558</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Interest Expense</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">993</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">877</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Depreciation/Amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">6,112</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">263</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">2,564</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Management Co. Indirect</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">616</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">846</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">42</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Allocated Corporate Expenses</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,424</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">935</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">27</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Net Operating Income (loss)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">16,715</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(59</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,388</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="14" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Net Operating Income Reconciliation</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="14" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Nine months ended 09/30/16 (in thousands)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; width: 51%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Asset</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Land</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Mining</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">FRP</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Management</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Development</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Royalties</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Holdings</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Segment</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Segment</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Segment</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Totals</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Income (loss) from continuing operations</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">4,654</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(3,316</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">3,213</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">4,551</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Income Tax Allocation</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">3,038</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(2,165</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">2,099</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">2,972</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Inc. (loss) from continuing operations &nbsp;before income taxes</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">7,692</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(5,481</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">5,312</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">7,523</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Less:</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Lease intangible rents</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">13</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Other income</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Plus:</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Unrealized rents</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">109</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Equity in loss of Joint Venture</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">893</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Loss on investment land sold</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">271</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Interest Expense</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,080</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Depreciation/Amortization</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">5,891</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">194</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Management Co. Indirect</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">582</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">758</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;Allocated Corporate Expenses</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">1,213</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">959</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Net Operating Income (loss)</FONT></TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">16,555</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">(2,407</FONT></TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">)&nbsp;</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 34 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Courier New, Courier, Monospace; margin: 0 13.5pt 0 0">&nbsp;</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0">ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES
ABOUT MARKET RISKS</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Interest Rate Risk</B> - We are exposed
to the impact of interest rate changes through our variable-rate borrowings under Credit Agreements with Wells Fargo and First
Tennessee Bank.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Under the Wells Fargo Credit Agreement, the
applicable spread for borrowings at September 30, 2017 was 1.4% over libor. The applicable spread for such borrowings will be increased
in the event that our debt to capitalization ratio as calculated under the Wells Fargo Credit Agreement Facility exceeds a target
level.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The applicable borrowing spread above libor
at September 30, 2017 with First Tennessee Bank was 1.9%.</P>

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">At September 30, 2017 a 1% increase in the
current per annum interest rate would result in $56,872 of additional interest expense during the next 12 months under the Wells
Fargo Credit Agreement. The foregoing calculation assumes an instantaneous 1% increase in the rates under the Credit Agreement
and that the principal amount under the Credit Agreement is the amount outstanding as of September 30, 2017. The calculation, therefore,
does not account for the differences in the market rates upon which the interest rates of our indebtedness are based or possible
actions, such as prepayment, which we may take in response to any rate increase.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0">ITEM 4. CONTROLS AND PROCEDURES</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>CONCLUSION REGARDING THE EFFECTIVENESS OF
DISCLOSURE CONTROLS AND PROCEDURES</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company maintains disclosure controls and
procedures that are designed to ensure that information required to be disclosed in the Company&#8217;s reports under the Securities
Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), is recorded, processed, summarized and reported within the time
periods specified in the SEC&#8217;s rules and forms, and that such information is accumulated and communicated to management,
including the Company&#8217;s Chief Executive Officer (&#8220;CEO&#8221;) and Chief Financial Officer (&#8220;CFO&#8221;), as appropriate,
to allow timely decisions regarding required disclosure.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company also maintains a system of internal
accounting controls over financial reporting that are designed to provide reasonable assurance to the Company&#8217;s management
and Board of Directors regarding the preparation and fair presentation of published financial statements.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">All control systems, no matter how well designed,
have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable assurance of achieving
the desired control objectives.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of September 30, 2017, the Company, under
the supervision and with the participation of the Company's management, including the CEO, CFO and CAO, carried out an evaluation
of the effectiveness of the design and operation of the Company's disclosure controls and procedures. Based on this evaluation,
the Company&#8217;s CEO, CFO and CAO concluded that the Company's disclosure controls and procedures are effective in alerting
them in a timely manner to material information required to be included in periodic SEC filings.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">There have been no changes in the Company&#8217;s
internal controls over financial reporting during our most recent fiscal quarter that have materially affected, or are reasonably
likely to materially affect, the Company&#8217;s internal control over financial reporting.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 35 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>PART II. OTHER INFORMATION</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in"><B>Item 1A.</B></TD><TD STYLE="text-align: justify; padding-right: 13.5pt"><B>RISK FACTORS</B></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">In addition to the other information
set forth in this report and the Risks related to our potential REIT election, you should carefully consider the factors discussed
in Part I, &#8220;Item 1A. Risk Factors&#8221; in our Annual Report on Form 10-K for the year ended September 30, 2016, which could
materially affect our business, financial condition or future results. The risks described in our Annual Report on Form 10-K are
not the only risks facing our Company. Additional risks and uncertainties not currently known to us or that we currently deem to
be immaterial also may materially adversely affect our business, financial condition and/or operating results.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Item 2. PURCHASES OF EQUITY SECURITIES BY
THE ISSUER</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(c)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Number of</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Shares</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(d)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Purchased</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Approximate</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(a)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">As Part of</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Dollar Value of</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(b)</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Publicly</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Shares that May</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Number of</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Average</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Announced</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Yet Be Purchased</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Shares</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Price Paid</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Plans or</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Under the Plans</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Period</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Purchased</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">per Share</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Programs</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">or Programs (1)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">July 1</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Through</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 17%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">July 31</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 13%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 20%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 12%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 25%; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,883,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">August 1</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Through</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">August 31</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,883,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">September 1</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Through</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">September 30</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp; </FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">4,883,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Total</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 0.25in; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&#8212;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify">(1) On February 4, 2015, the Board
of Directors authorized management to expend up to $5,000,000 to repurchase shares of the Company&#8217;s common stock from time
to time as opportunities arise.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify"><B>Item 6. EXHIBITS</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify; padding-right: 31.5pt">Exhibits. The response to this item is submitted as a separate Section entitled
&quot;Exhibit Index&quot;, on page 38.</TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-right: 13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 13.5pt">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 36 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify"><B>SIGNATURES</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">FRP Holdings, Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 36%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 3%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 46%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 13%; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Date:&nbsp;&nbsp;November 8, 2017</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">By</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">JOHN D. BAKER II</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">John D. Baker II</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Chief Executive Officer</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(Principal Executive Officer)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">By</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">JOHN D. MILTON, JR.</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">John D. Milton, Jr.</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Executive Vice President, Treasurer,</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Secretary and Chief Financial Officer</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(Principal Financial Officer)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">By</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">JOHN D. KLOPFENSTEIN</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">John D. Klopfenstein</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Controller and Chief Accounting</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Officer (Principal Accounting Officer)</FONT></TD></TR>
</TABLE>

<!-- Field: Page; Sequence: 37 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: center"><B>FRP HOLDINGS, INC.</B></P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM 10&#45;Q FOR THE THREE MONTHS ENDED
SEPTEMBER 30, 2017</P>

<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">EXHIBIT INDEX</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&#9; </B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 63pt 0 1.5in; text-align: justify; text-indent: -1.5in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 63.2pt 0 1.5in; text-align: justify; text-indent: -1.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(14)</FONT></TD>
    <TD STYLE="width: 86%; padding-right: 63pt; padding-left: 26.95pt; layout-grid-mode: line; text-align: justify; text-indent: -26.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><A HREF="frpfinancialcode.htm">Financial Code of Ethical Conduct</A> between the Company, Chief Executive Officers and Financial Managers, adopted December 3,     2014, filed herewith.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(31)(a)</FONT></TD>
    <TD STYLE="padding-right: 13.5pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Certification of John D. Baker II.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(31)(b)</FONT></TD>
    <TD STYLE="padding-right: 13.5pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Certification of John D. Milton, Jr.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(31)(c)</FONT></TD>
    <TD STYLE="padding-right: 13.5pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Certification of John D. Klopfenstein.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">(32)</FONT></TD>
    <TD STYLE="padding-right: 63.2pt; padding-left: 26.95pt; layout-grid-mode: line; text-align: justify; text-indent: -26.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">Certification of Chief Executive Officer, Chief Financial Officer, and Chief Accounting Officer under Section 906 of the Sarbanes-Oxley Act of 2002.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-right: 13.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">101.INS</FONT></TD>
    <TD STYLE="padding-right: 13.5pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">XBRL Instance Document</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">101.XSD</FONT></TD>
    <TD STYLE="padding-right: 13.5pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">XBRL Taxonomy Extension Schema&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">101.CAL</FONT></TD>
    <TD STYLE="padding-right: 13.5pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">XBRL Taxonomy Extension Calculation Linkbase</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">101.DEF</FONT></TD>
    <TD STYLE="padding-right: 13.5pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">XBRL Taxonomy Extension Definition Linkbase</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">101.LAB</FONT></TD>
    <TD STYLE="padding-right: 13.5pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">XBRL Taxonomy Extension Label Linkbase</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">101.PRE</FONT></TD>
    <TD STYLE="padding-right: 13.5pt; layout-grid-mode: line; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">XBRL Taxonomy Extension Presentation Linkbase</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 38 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->38<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-14
<SEQUENCE>2
<FILENAME>frpfinancialcode.htm
<DESCRIPTION>FINANCIAL CODE OF ETHICAL CONDUCT
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 11.5pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Adopted
December 3, 2014<BR STYLE="clear: both">
</B></P>

<P STYLE="font: 11.5pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>FRP HOLDINGS, INC.</B></P>

<P STYLE="font: 11.5pt Times New Roman, Times, Serif; margin: 0 0 30pt; text-align: center"><B>FINANCIAL CODE OF ETHICAL CONDUCT</B></P>

<P STYLE="font: 11.5pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">FRP Holdings,
Inc. (the &#8220;Company&#8221;) is committed to adhering to the highest ethical standards with respect to its financial management
and the disclosure of financial information in connection with the business and operations of the Company. The Company&#8217;s
Chief Executive Officer and the President and Chief Executive Officer of each of its subsidiaries (the &#8220;Chief Executive Officers&#8221;)
and the financial officers and other financial managers of the Company and its subsidiaries (the &#8220;Financial Managers&#8221;)
play a critical role in assuring that the Company adheres to these high ethical standards. This Financial Code of Ethical Conduct
sets forth principles to which the Chief Executive Officers and the Financial Managers are expected to adhere and advocate.</P>

<P STYLE="font: 11.5pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">You agree, to
the best of your knowledge and ability, to:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 11.5pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11.5pt">Act with honesty and integrity and at all times avoid all actual
or apparent conflicts of interests between your personal and business relationships. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 11.5pt">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11.5pt">Comply with the conflict of interest policies and guidelines set
forth in the Company's Code of Business Conduct and Ethics, including reporting all potential or apparent conflicts of interest
to the person designated in the Company's Code of Business Conduct and Ethics. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 11.5pt">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11.5pt">Comply with all other provisions of the Company's Code of Business
Conduct and Ethics, as well as all other applicable policies or guidelines in any employee handbook of the Company relating to
the areas covered by this Code. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 11.5pt">4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11.5pt">Provide full, fair, accurate, timely and understandable disclosure
to the President and Chief Financial Officer and the Audit Committee of the Company&#8217;s Board of Directors of all material
information known to you regarding the current or future financial condition or financial performance or the business of the Company.
</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 11.5pt">5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11.5pt">Promote and help to assure full, fair, accurate, timely and understandable
disclosure in all reports and documents that the Company files with the Securities and Exchange Commission and in other public
communications by the Company. </FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 11.5pt">6.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11.5pt">Comply with all laws, statutes, rules, regulations and stock exchange
listing standards, to the extent applicable to the conduct of your duties and responsibilities. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 11.5pt">7.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11.5pt">In performing your duties and responsibilities, act in good faith,
with due care, competence and diligence, responsibly, without misrepresenting any material fact, and without allowing your independent
judgment to be compromised or subordinated. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 11.5pt">8.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11.5pt">Respect the confidentiality of information acquired in the course
of your work except when authorized or otherwise legally obligated to make disclosure and not use such confidential information
for personal advantage. </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-size: 11.5pt">9.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11.5pt">Promptly report all violations of this Code to the corporate secretary
or general counsel of the Company. </FONT></TD></TR></TABLE>

<P STYLE="font: 11.5pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">You are prohibited
from directly or indirectly taking any action to fraudulently influence, coerce, manipulate or mislead the Company&#8217;s independent
public auditors for the purpose of rendering the financial statements of the Company misleading.</P>

<P STYLE="font: 11.5pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">You understand
that you will be held accountable for your adherence to this Financial Code of Ethical Conduct. Your failure to observe the terms
of this Code may result in disciplinary action, up to and including termination of employment. Violations of this Code may also
constitute violations of law and may result in civil and criminal penalties for you, your supervisors and/or the Company.</P>

<P STYLE="font: 11.5pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">If you have any
questions regarding the best course of action in a particular situation, you should promptly contact the corporate secretary or
general counsel of the Company. You may choose to remain anonymous in reporting any possible violation of this Code.</P>

<P STYLE="font: 11.5pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32
<SEQUENCE>3
<FILENAME>frphex32.htm
<DESCRIPTION>CERTIFICATION UNDER SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 31.5pt 0 0; text-align: justify; text-indent: 2.75in">Exhibit 32</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 31.5pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 31.5pt 0 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: center">CERTIFICATION UNDER SECTION 906 OF
THE SARBANES-OXLEY ACT OF 2002</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 40.5pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 40.5pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 40.5pt 0 0; text-align: justify">Pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002, each of the undersigned certifies that this periodic report fully complies with the requirements of Section 13(a)
or 15(d) of the Securities Exchange Act of 1934 and that information contained in this periodic report fairly presents, in all
material respects, the financial condition and results of operations of FRP Holdings, Inc.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 22.5pt 6pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">FRP Holdings, Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 36%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 2%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 3%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 46%; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 13%; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">Date:&nbsp;&nbsp;November 8, 2017</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">By</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">/s/JOHN D. BAKER II</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">John D. Baker II</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">Chief Executive Officer</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">(Principal Executive Officer)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">By</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">/s/JOHN D. MILTON, JR.</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">John D. Milton, Jr.</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">Executive Vice President, Treasurer,</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">Secretary and Chief Financial Officer</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">(Principal Financial Officer)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">By</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">/s/JOHN D. KLOPFENSTEIN</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">John D. Klopfenstein</FONT></TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">Controller and Chief Accounting</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="layout-grid-mode: line"><FONT STYLE="font: 11pt Times New Roman, Times, Serif">Officer (Principal Accounting Officer)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 22.5pt 6pt 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 22.5pt 6pt 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 22.5pt 0 0; text-align: justify">A signed original of this written
statement required by Section 906 has been provided to FRP Holdings, Inc. and will be retained by FRP Holdings, Inc. and furnished
to the Securities and Exchange Commission or its staff upon request.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 22.5pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 22.5pt 0 0; text-align: justify">The foregoing certification accompanies
the issuer&#8217;s Quarterly report on Form 10-Q and is not filed as provided in SEC Release Nos. 33-8212, 34-4751 and IC-25967,
dated June 30, 2003.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0 13.5pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 13.5pt 0 0; text-align: justify"><B>&nbsp;</B></P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31
<SEQUENCE>4
<FILENAME>frphex31a.htm
<DESCRIPTION>CEO CERTIFICATION
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">CERTIFICATIONS &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibit 31(a)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 22.5pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify">I, John D. Baker II, certify that:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 19.5pt">1.</TD><TD STYLE="text-align: justify; padding-right: 9pt">I have reviewed this report on Form 10-Q of FRP Holdings, Inc.;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 19.5pt">2.</TD><TD STYLE="text-align: justify; padding-right: 9pt">Based on my knowledge, this report does not contain any untrue statement of
a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which
such statements were made, not misleading with respect to the period covered by this report;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 19.5pt">3.</TD><TD STYLE="text-align: justify; padding-right: 9pt">Based on my knowledge, the financial statements, and other financial information
included in this report, fairly present in all material respects the financial condition, results of operations and cash flows
of the registrant as of, and for, the periods presented in this report;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 19.5pt">4.</TD><TD STYLE="text-align: justify; padding-right: 9pt">The registrant&#8217;s other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and
internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 19.5pt"><FONT STYLE="font-size: 11pt">a)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">designed such disclosure controls and procedures,
or caused such disclosure controls to be designed under our supervision, to ensure that material information relating to the registrant,
including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in
which this report is being prepared;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 19.5pt"><FONT STYLE="font-size: 11pt">b)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">designed such internal control over financial
reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable
assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in
accordance with generally accepted accounting principles;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 19.5pt"><FONT STYLE="font-size: 11pt">c)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">evaluated the effectiveness of the registrant&#8217;s
disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosures controls
and procedures, as of the end of the period covered by this report based on such evaluation; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 19.5pt"><FONT STYLE="font-size: 11pt">d)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">disclosed in this report any changes in the registrant&#8217;s
internal control over financial reporting that occurred during the registrant&#8217;s most recent fiscal quarter that has materially
affected, or is reasonably likely to materially affect, the registrant&#8217;s internal control over financial report; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 19.5pt">5.</TD><TD STYLE="text-align: justify; padding-right: 9pt">The registrant&#8217;s other certifying officers and I have disclosed, based
on our most recent evaluation of internal control over financial reporting, to the registrant&#8217;s auditors and the audit committee
of registrant&#8217;s board of directors (or persons performing the equivalent functions):</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 19.5pt"><FONT STYLE="font-size: 11pt">a)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">all significant deficiencies in the design or
operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant&#8217;s ability
to record, process, summarize and report financial information; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 19.5pt"><FONT STYLE="font-size: 11pt">b)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">any fraud, whether or not material, that involves
management or other employees who have a significant role in the registrant&#8217;s internal control over financial reporting.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify">Date: November 8, 2017&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>/s/John
D. Baker II </U></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify; text-indent: 9.8pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief
Executive Officer</P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31
<SEQUENCE>5
<FILENAME>frphex31b.htm
<DESCRIPTION>CFO CERTIFICATION
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify">CERTIFICATIONS &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibit 31(b)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 31.5pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify">I, John D. Milton, Jr., certify that:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">1.</TD><TD STYLE="text-align: justify; padding-right: 9pt">I have reviewed this report on Form 10-Q of FRP Holdings, Inc.;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">2.</TD><TD STYLE="text-align: justify; padding-right: 9pt">Based on my knowledge, this report does not contain any untrue statement of
a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which
such statements were made, not misleading with respect to the period covered by this report;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">3.</TD><TD STYLE="text-align: justify; padding-right: 9pt">Based on my knowledge, the financial statements, and other financial information
included in this report, fairly present in all material respects the financial condition, results of operations and cash flows
of the registrant as of, and for, the periods presented in this report;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">4.</TD><TD STYLE="text-align: justify; padding-right: 9pt">The registrant&#8217;s other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and
internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">a)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">designed such disclosure controls and procedures,
or caused such disclosure controls to be designed under our supervision, to ensure that material information relating to the registrant,
including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in
which this report is being prepared;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">b)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">designed such internal control over financial
reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable
assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in
accordance with generally accepted accounting principles;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">c)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">evaluated the effectiveness of the registrant&#8217;s
disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosures controls
and procedures, as of the end of the period covered by this report based on such evaluation; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">d)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">disclosed in this report any changes in the registrant&#8217;s
internal control over financial reporting that occurred during the registrant&#8217;s most recent fiscal quarter that has materially
affected, or is reasonably likely to materially affect, the registrant&#8217;s internal control over financial report; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">5.</TD><TD STYLE="text-align: justify; padding-right: 9pt">The registrant&#8217;s other certifying officers and I have disclosed, based
on our most recent evaluation of internal control over financial reporting, to the registrant&#8217;s auditors and the audit committee
of registrant&#8217;s board of directors (or persons performing the equivalent functions):</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">a)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">all significant deficiencies in the design or
operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant&#8217;s ability
to record, process, summarize and report financial information; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">b)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">any fraud, whether or not material, that involves
management or other employees who have a significant role in the registrant&#8217;s internal control over financial reporting.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify">Date: November 8, 2017&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U>/s/John
D. Milton, Jr. </U></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify; text-indent: 9.8pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive Vice
President, Treasurer,</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify; text-indent: 9.8pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Secretary
and Chief Financial Officer</P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31
<SEQUENCE>6
<FILENAME>frphex31c.htm
<DESCRIPTION>CAO CERTIFICATION
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify">CERTIFICATIONS &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibit 31(c)</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify">I, John D. Klopfenstein, certify that:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">1.</TD><TD STYLE="text-align: justify; padding-right: 9pt">I have reviewed this report on Form 10-Q of FRP Holdings, Inc.;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">2.</TD><TD STYLE="text-align: justify; padding-right: 9pt">Based on my knowledge, this report does not contain any untrue statement of
a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which
such statements were made, not misleading with respect to the period covered by this report;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">3.</TD><TD STYLE="text-align: justify; padding-right: 9pt">Based on my knowledge, the financial statements, and other financial information
included in this report, fairly present in all material respects the financial condition, results of operations and cash flows
of the registrant as of, and for, the periods presented in this report;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">4.</TD><TD STYLE="text-align: justify; padding-right: 9pt">The registrant&#8217;s other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and
internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">a)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">designed such disclosure controls and procedures,
or caused such disclosure controls to be designed under our supervision, to ensure that material information relating to the registrant,
including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in
which this report is being prepared;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">b)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">designed such internal control over financial
reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable
assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in
accordance with generally accepted accounting principles;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">c)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">evaluated the effectiveness of the registrant&#8217;s
disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosures controls
and procedures, as of the end of the period covered by this report based on such evaluation; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">d)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">disclosed in this report any changes in the registrant&#8217;s
internal control over financial reporting that occurred during the registrant&#8217;s most recent fiscal quarter that has materially
affected, or is reasonably likely to materially affect, the registrant&#8217;s internal control over financial report; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">5.</TD><TD STYLE="text-align: justify; padding-right: 9pt">The registrant&#8217;s other certifying officers and I have disclosed, based
on our most recent evaluation of internal control over financial reporting, to the registrant&#8217;s auditors and the audit committee
of registrant&#8217;s board of directors (or persons performing the equivalent functions):</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">a)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">all significant deficiencies in the design or
operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant&#8217;s ability
to record, process, summarize and report financial information; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">b)</FONT></TD><TD STYLE="text-align: justify; padding-right: 9pt"><FONT STYLE="font-size: 11pt">any fraud, whether or not material, that involves
management or other employees who have a significant role in the registrant&#8217;s internal control over financial reporting.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify">Date: November 8, 2017&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>/s/John
D. Klopfenstein </U></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 9pt 0 0; text-align: justify; text-indent: 9.8pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Controller
and Chief Accounting Officer</P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>10-Q
<SEQUENCE>7
<FILENAME>frphsepq17.pdf
<DESCRIPTION>COMPLIMENTARY PDF
<TEXT>
<PDF>
begin 644 frphsepq17.pdf
M)5!$1BTQ+C0-)>+CS],-"C$U,B P(&]B:@T\/"],:6YE87)I>F5D(#$O3" Q
M.3,R,#4O3R Q-30O12 X-C8U+TX@-#(O5" Q.3 P-#0O2"!;(#8Y-B U,S-=
M/CX-96YD;V)J#2 @(" @(" @(" @(" @#0IX<F5F#0HQ-3(@,C -"C P,# P
M,# P,38@,# P,# @;@T*,# P,# P,3(R.2 P,# P,"!N#0HP,# P,# Q,S$T
M(# P,# P(&X-"C P,# P,#$U,#4@,# P,# @;@T*,# P,# P,38Q-R P,# P
M,"!N#0HP,# P,# R,C(P(# P,# P(&X-"C P,# P,#(S-S @,# P,# @;@T*
M,# P,# P,CDR,B P,# P,"!N#0HP,# P,# S,# P(# P,# P(&X-"C P,# P
M,#,R-#0@,# P,# @;@T*,# P,# P,S0V." P,# P,"!N#0HP,# P,# S-S$X
M(# P,# P(&X-"C P,# P,#0S-#,@,# P,# @;@T*,# P,# P-#DS-" P,# P
M,"!N#0HP,# P,# U-3(T(# P,# P(&X-"C P,# P,#8Q-CD@,# P,# @;@T*
M,# P,# P-C<Y.2 P,# P,"!N#0HP,# P,# W,SDY(# P,# P(&X-"C P,# P
M,#@P,S @,# P,# @;@T*,# P,# P,#8Y-B P,# P,"!N#0IT<F%I;&5R#0H\
M/"]3:7IE(#$W,B]2;V]T(#$U,R P(%(O26YF;R Q-3$@,"!2+TE$6SPU-D$W
M1D4W1#(R-T$T-C=!0T,U,# W1C<X-3@X-3DS-#X\04(U-T0T,3 Q138Q0S8T
M14%"1$1#.44P,C$P-C@S-C ^72]0<F5V(#$Y,# S,CX^#0IS=&%R='AR968-
M"C -"B4E14]&#0H@(" @(" @( T*,3<Q(# @;V)J#3P\+T9I;'1E<B]&;&%T
M941E8V]D92])(#<Q-2],(#8Y.2],96YG=&@@-#0T+U,@-C$U/CYS=')E86T-
M"FC>8F!@8 8B7@86!@:670R\# @ $F,%8HX'$+X"F&2$RNY_X1O"51"\C%GF
MI(]2YB\OR2G'EO%NW'I!>VF4L<^<H@O7'F[=FJ+]/D1K18BK>YJH^M_VOJ]3
MI7_UE\0<8&!8\6ZYMY7!^@/EX>7E1\O+YY67E[][5_^N' Q IK,:])D(+!,\
M%LSQV)$K429#T4>YET6SI7!!*U2BR6WSDJY$F5085^20Q06G&>Y2'" =ND4S
MW.4*FL*,04JPZ(4IYNSY/N\>4$G%>:NFZBJ@DL<VKSC?OMAQW@JH37W[(I!Y
M,>ES@=J$_X'49:@9G_M=I6=\#J3W[0L,>S%=NN-D2^%T28,^H\=J$,\PX 7,
M9AD=,#:+ P.#( ,#$RC854!RQA9 .48!2"P(P/4H 3%;&D@?BXN+1P=((5@E
M4)$$W# &D 10 9AB8-* 2AA#J#2H-5@!52(::$X] U/+6@:PGZ!)286!CRF'
MY4#O@2(. :8%)@Q[F"-4+G0=TN)L457H90KFC&$3T"JQ8 [A/Q#)T,[TAMU
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M?OY:[P_M_L=O&IEA#,_M_N%I ^UNTVZ@:9\/[>.7=@^2GU$V:4&2%< ? 08
MU8+KJPT*96YD<W1R96%M#65N9&]B:@TQ-C0@,"!O8FH-/#PO1FEL=&5R+T9L
M871E1&5C;V1E+TQE;F=T:" U,C ^/G-T<F5A;0T*2(F4D]V.TS 0A>_[%'/I
M2,3X/PYW53?=+4))E;H2TG:U*KLM!)$&I4'P^(SMII2(&U(IMI4YWYP93\&]
MG[UU3@ '=YQQ 0Q_N"C#J%)@9$:- -?.&+@7__HY(P")^^I5)JIRFIN@"QN1
M&VHMZ&Q44L:X%Y.N'X5C.LIS#$7J7>23$)!1'7!^53F^M+'>#+)2A(D8.341
M'0!GTL=J;2DS/G$4!0>X*NE+>"2/ $^0I$9Q#">NGI>;E5M5)=3%NJH=K+?U
M9CLO7?*$#1**"F.R:-33F+[@I(TX<!5LBD4@< E5#5SOR.LN09N>D/HT A$I
MUIQ)>06-OJ2*H&H)[J'PK&V-AHH-%!^3E',JR>)A7MX7,%\XP"B>HR2P\2.W
M'FS5M9&7B_(M\F*C,>5-ZML21"B!+/%VAB\'&/K]Z=P,37>"[X>^Z5[AV'?M
M\_C T,&?P^0ZI].CM:;2_-_T""Q5X;6/RMLFB3P2%EW;-N>S][ALOAV@_-%^
M.O3O "-3:3*33WP9RKG2-W/V5WLDE2P3H3V:&1]#GO_U3'RC+K>QX+ 3DE%M
ML71%E1G'CEF?+NQD;'.]AH?JP]VJO-^\@56YH),F9B,U; 2WE!M06OKF7/Y,
M^<B\3M^.)(IR4B229N37_F6 T[Y-!,.I.20"OT!WA#[$Q//GYCS$\SZ<3P/.
M$L!O 08 )!?L! T*96YD<W1R96%M#65N9&]B:@TQ-C4@,"!O8FH-/#PO1FEL
M=&5R+T9L871E1&5C;V1E+TQE;F=T:" U,3D^/G-T<F5A;0T*2(ETDU&/FS ,
MQ]_Y%'Y,I.(E(8'D?:NTT[2'%6D/U].$*%USZT$%;-/MT\])H+O>-AZP(=A_
M^V<#]5TF!99*2Q!0O\U0"*&@;K.</"6A_IG=LV:"Z=*U_LAS@Y)YGJ-BW0%\
M#WZ>H#TUX]R->P[ 'RBA0U=2-@'14=IA 5HKK#343YD(V45(S+[\ZP)>/V9O
MZKH$4C]FN45G+>02I2VK4&*H3)B0A6W/P^@/S1JB4DB%)LH'6PA)W8$N!)HR
MR,>^8C"\4KHM6PN+98QS:HU; G65*ZV==/8O87J5E,F1RJ$D:25116E\@;9P
M">V><4TP=URB97,S=S",\0T,\ZE;W,?OR?'T5<FF@V]G/_0P'!-OFH:BYB*B
M "9.4>E52A=)RO=MS%VRRV*;E"8]K/9KT_M?\63/TT$4^<.)^K'4%.0HA2F"
MW(N1OB)"!$JC@0A84RV5R>H*H;Q"*-"Q]_&.="_9IV1VR< [,H8]<25H_R[G
MX9D;>B8^(0)2X('GBDZ[?O9'WZ;>/@XI ;42OXRMT%#"D,)L7%@1%\=ULYKW
M83MR)8P4T2MTM+<@;A=&2A7F7%BS+/IU8<(T;*2CA(#/"-MAG)[G$^QFW$!%
M#NWQ,&XB.X76$+$PS$JOR(1>\RS$[IKV&[>HV415LJ'_X<_G;@/;#]<:__\O
M%!41L3?_ OP68 "/).T3#0IE;F1S=')E86T-96YD;V)J#3$V-B P(&]B:@T\
M/"]&:6QT97(O1FQA=&5$96-O9&4O3&5N9W1H(#4W-#X^<W1R96%M#0I(B7Q3
M39.4,!2\\RO>,:F2F&_@N*4>].ARTO' ALP2=P8P,.[Z-_S%OA!FMLHJ/4Q(
M,G2_[GX/  [M<T$ :/N]>-NV%@2TQZ)AC<6_.&P;+3F3&E2E&=?0G@L$N8(H
M*;F\ F4&5JRI-^"V$4(R?$59S52=@(QST21PB;MT]5Q\)0="-1/DCDJF2-_'
M[>27!:8CS/D41A?F[@3^Q;O+&G[2;^VG LF%-3I9>+\1\OI*+42F]C#14C-+
MCK2TR+,_ BT%D\3YY4"!EI6I+3,IA%*H2J!8U/0ES!D*[W:./C\\+7%-P"3B
M7YG)2C%E06G#M$S6-X$J"<R1-UR7JK&EJ93Z;XA26(9$RK#*7C.L;AG:6X:*
M->0S:C/$/X9EC=M%-ZZ_M\T"JS_Y>9A&#^/E3+&E@CSX_-8;7-$HIGRZ]&%\
MA"[?^P[<U/L#W4[9L.#,:FL!$Q0U-RE[_NIJ<]+D&$ WS(!"^5Q>A>^Z355E
MW1_'/KAN]?#P"\-/ P!N\.X)SEU\@N?!KX./@ O$[ H-P8$(C'_H%CB&D^^A
M.YVR-HFM,QCG-A$I;W.K)W.]Z.<IK@NR_;B$B-AU@@>_\^P::@+WWJUA&D$H
MF"((<R ]5L1Y3$HH]H/<4\$)#N->]W4(C?W;8PQK\ M\>'%#-SYZN'-KEEOJ
M.NM-6:8QV%6_,JC,@(5%HS3TEYBZDT3,T3N_]4I(.%.#W9S&=5@P'%1\Q-]R
M<0,L ]K%!&<?PX1NAZRWRO5N.6W?)/P18 #A:P$_#0IE;F1S=')E86T-96YD
M;V)J#3$V-R P(&]B:@T\/"]&:6QT97(O1FQA=&5$96-O9&4O3&5N9W1H(#4U
M.3X^<W1R96%M#0I(B6Q3RV[;,!"\^ROV2 $V09&2&-^# NVAA]1 4<1!04NT
MQ4267)**VR_J;W;YD)$$U4'BDMS9G9D5P(:R6C:PNZX>B?+@>PU6GXSS5HT>
MKLIA^&LV5G?@)R@:VI!C(2DGIJAI18;XUD5%)4FGKB@9+<F,EQK2QH,^KM.Q
MC<DIX1+WI_A.^S["98A]$??6>)?G;!7SQIC19=2GW9<5+VG9-!(8[.Y72(DA
MHW85N8G$;4_XOH >^1RT'L'-AV?=^I2]J>ZHJ&"#(%*( ($(94# +\\ R-[-
M;0]',YCQM*ARUJ-W<)QL5.ZBG(<M@T[]*38EIP*I"%H3"OC\T [@\?<3MBU(
MV/@Z8?PSQ[$1%GJXJS*)JJI2Z<]C9UKE-1P2+*K1]KI]@3/*%43!+$GL"UQ[
MC6W8CRX&UD@XW3;>HY=Z0/9)NIIN>1+ND=AIQ$K#<*NCQ@XNDPLITP@&N;:3
MO4PV=/,=S=BBE;'Z(1@DB3->K]/2'--7C0O:NMCP;*4D^E7;6YG4B:"R1/W9
MXH!<3 RKZPIU\-JJUIM7#??**RAVSVC>EC8"T][;QV[)3"85/YE!OQOF@UY4
MX5F5P#8VERFG]6S='&2,4?H))'F8$2VN*E;G_BM:O>V?;6]#F'^PZ0@/^C0/
MRAM4\]MF!WOREPM. P8>^MZ@P+VZ($^<UFZV8=3B9%G=Z@ZCCYZ%86=B*=3D
MB8&2PWD:?>^P @YG&O.:4?$?I6*;\$^  0#H#@[.#0IE;F1S=')E86T-96YD
M;V)J#3$V." P(&]B:@T\/"]&:6QT97(O1FQA=&5$96-O9&4O3&5N9W1H(#4R
M.3X^<W1R96%M#0I(B7R3SX[;(!#&[WF*.8)4(P/^E^-*W4.KJH?6ERJ-5L0A
M,5T'I^ HZ7,T#]P!.UFWNZH/-IAAOF]^ P L344&]7E!=KT#?VI:\&WO!NW@
MJ)WIMS"T:L"7!J?WQ@].T?K'@N>L@!3J]XL5L0.<E<?EGR?C-&[H,<_F8 90
M=@O'W@]CWIWIM/].&>#S37N U65-2R9(^/&YQ_G3-*?K^N,BB1H)9U46=- H
MSZ%N<,!S$1ROR >[-8T:-&Q^T81C)(&FU<TS'&A!%/YBDKAG.+<:_;N_BD#3
MQH."3KF]!M4TNM,NZHJ<Y5S*L;J@6HVJ:36IHN 6:%*PDH22W+MIHNQM,&9[
M':? ]C:9+T\+B%Z-XI+)HBCOXFDQB2^S41S\076X!PLY8IN,W4^TLHI55<#%
M2S0_61=A=\+2G$_>F_Y <S1TI!Q!*QNX"<8)HTGXP%>M(Z:MWAEK!M-;#_T.
M?M.<=!A*(JTHB-V1Y1Q3>=<J)TZOZKR&1"S_S\J;?*[Q((T!GF9H'/L;[(<.
M<_(6#BE9ELTX<GEW)^<DJDA"WDB0:TB9$S 6OIPZ/6,K_F$K>+PU7&P2$1 %
M:H^7IE46"3TT X-P3Y9L&>Y)"G%09JP$D0J6XIDZQ/YF4W]%,=KZ-#^/+PC"
MW<"S)+C@*5N2A]GZ+>"RGDJ_2<J[)%\6+Y)E/%)I= _1Y&.]@#\"#  R61J(
M#0IE;F1S=')E86T-96YD;V)J#3$V.2 P(&]B:@T\/"]&:6QT97(O1FQA=&5$
M96-O9&4O3&5N9W1H(#4V,#X^<W1R96%M#0I(B71336_;, R]^U?P* VS8$G^
M/&Y8#MMAP% #.[3%H"E*K#61/-EING\_RG+:%%MAP"8H\?$]\AG@=\;!0M:4
MK '>2E:5P!O&:^ \OH/)OH/+/O99Q[H:"GR68+U?L584'/IC5D"O,_*5]K^R
M39]]^[>BY:Q[5<&*(@8Z!J*#_IS=$N]RI;4YF*!FLX6=Q0AN?]P# ,T%%[(B
M-T?*!>N(.L2S8$8?9NOVH/UZ,%+&B7)_ECIZWW_)Y(6(?*'>=-=$FCH2*2()
M@JU0Q/_DUAVKZK>H;];V)NPCG7WPYWEX@Q4D7EUJ "7B J]:UK97PUS91#+]
MNRS'5K*)>8PJI+0T_;S#N=2L)BI^*N)H+EE#UJ1)R2-E[24.-"_)WM*\0DY(
M,UU<R*;<\ I!IRI/):(T&(T8H0J:\X*5Y#W-\0W6;:W&A<'/RP'HP>@'2#4J
M2@\/8'<P#P97MH@7%1.B;G  _:=%755?U#5-4K>WTQR4FV%0$Z I=/2$\S/,
M'DZ36=#,TVS<%O/QYF1GZQV,)EB/[DE])*NYE%=]VN<^U>JZL.RI0N*XIHX<
MH@R!S.,BSQ;7N"#E)6ZHA!Q_C 8!$0[1^+,/1 )+TQ%,$'#F##YZ]-%.BYN=
M<MJJ Z#'_<DMMEV0><U$>YE%Q)():YJ5VZJPG6 ,_M%&F>,I3*<X$YS!#4XD
MZN7RCJ@["CX->/.D!^7V!C[HF4$T'*Y!DM5T^:49ZD UJPH15<!? 08 KL,%
MG T*96YD<W1R96%M#65N9&]B:@TQ-S @,"!O8FH-/#PO1FEL=&5R+T9L871E
M1&5C;V1E+TQE;F=T:" U-C0^/G-T<F5A;0T*2(E<4\MNVS 0O.LK]M #"5@$
M'Q)%'8LTA_;0 HTO16(4M$Q;JO4P)+I)?Z-?W*4H)6X,F%J*.SNSLQ0 XUP*
MV#XGC^1S?V@JZQWL_]!42"8(5+6KSM#9\0S/M?.U&P$7&-VIF?QH>P_-!!:F
MVK4M5$-WL?TK]HE8NMM^263!A%(*.&P_)4@GD*X*@921=X*#.S:].T#3P_=K
MZT#(?2IA.,YD]R]5;?N3@X^5?Z(,\/?#30"//W>T8!G!?>11+-.Z>.61"XU0
MD0:^THQ),E")D,>7'35,D0A-<\XTI(*9;!69KVCSSIP@J;]V5),]NH$:)YJ1
MF@J6$SNZL('AZL/3TY05Q"*P/X5$9ZMZ;:H)">%_G9%N_#LC8R.:\?+&L/>-
M5*W%9$3%U2&-6>)0'L= -<9Q'7J(1T$-=E^=-V#?DH.6%MNZS8'+:"N/W>YQ
M% <\9(M+JS T2A3X1'D\:.-!%XK?_DI*5FH4SF$.T-9"@Y%,2XY3[T(7O%C'
MO\X%:%IJ;="K.^QL"ML\,T$(366NYH0LS[/X)N.:X^"^H<=^\=9Z>' 7[SHJ
M%'81YJ+X!I"S0(#*9T#LH8SB("M9#@5G1B^R9/&F1I58)R-W0]>A?0]^-NT#
M$QPN=H3?MKTZN+BYGC",F]M+IV.9$;\)O ZAF)Z+A8AK[#$0Y&AC?&<*R8G@
M&[1E([#.C H6&*'YHOE^FT2Y)5,2I,1K:@#M#3=C=,DQ43@8(V_/Y7_G /\$
M& "]OO;7#0IE;F1S=')E86T-96YD;V)J#3$@,"!O8FH-/#PO0V]N=&5N=',@
M,R P(%(O0W)O<$)O>%LP(# @-C$R(#<Y,ETO365D:6%";WA;," P(#8Q,B W
M.3)=+U!A<F5N=" Q-#4@,"!2+U)E<V]U<F-E<R R(# @4B]2;W1A=&4@,"]4
M>7!E+U!A9V4^/@UE;F1O8FH-,B P(&]B:@T\/"]%>'1'4W1A=&4\/"]'4S$@
M,34Y(# @4CX^+T9O;G0\/"]45#(@,34V(# @4B]45#0@,34W(# @4B]45#8@
M,34X(# @4CX^+U!R;V-3971;+U!$1B]497AT73X^#65N9&]B:@TS(# @;V)J
M#3P\+T9I;'1E<B]&;&%T941E8V]D92],96YG=&@@,3(Q,3X^<W1R96%M#0IH
MWMQ72W/;-A"^ZU?@5JH3(GB#./HAI^K$DBRQITP/-$7+;!0R):DX_?== *1D
MT;2:/NS,='000&+Q[;?[81=\^VY%T:8>G<>CMW',$$7QW<A@HQ"!GQL(@R62
M%!-%X.VG$4&;$:-8<*51G,(T?AA]"! :4R.8QCI XU_CGT=,6@N&0HJI8K#T
MTBY-1P%#X_@WBR8\&F4."_X<$M@Q"Q-TRYYW2DN)M5V+">%V;^=&R*C6 !K8
MH>3ND9!28!;XETK:E]Y+X[=L]Q/@,_,<K:?. ^(8:,XM _\H_O'@G1KRCA.*
MI4*:LF$NE& 3>=9NQ$2$M4+*&*RCEI!G! -*;82#J^4"_31_?SF=O5N]0=/9
M!7:; @*7SD492>NB-=6MJ1U8T_GR&I#"&V<1*BQ)Q/HVIK.1SN;FE[-E/%FB
MR>QR<HE6DT4\N3Z'.2=O$"-4NZT,[FU$]HKH16H_"!E6] FXXQI<S&?Q9!:O
M/#&*#:&JOS+JW%0.99%L,C0K?2PX5IK14_Z $+"AT6GN'X)%E6WS3^,()),7
M2?7'.-08A#0KFPPMLTU2K?-B@Z[*Z@&&X?NR_&CGJR9I,F^5%4WMI$@$,3CR
MPO/_BFHL ^[4!U&Q"1;'YR@45-@U,&3,^(%=+4#".M*@&N<VXZS3/"STN]ME
M8;?NF"3M.(HAH)!R:0B<BT52-6B*$;H"YD6:)ULT+>[*RO+B0=+D9>%7:^Z.
M^IZ7_T?_*:]Q& E]FI9-6=HET0)-;0ZT]85BZZE4UO$]YH%6FRZ[U*5K''*B
M!6\+1\LJ NLNL,!JF,=%6=3E-E_#?FMTGFP!($.K^RQSNS(M(C*D ?$H5CU=
M?P/.7FW4NU_>0:+2LGTR]L5.^/CU@.5C8-4!1W\/6&.S![Y(ZGMTM2T?'%].
M!7L*JAZ#ZI-8ZZRH <@>MQHU)3J"?Y+ ??JHBK3! WRC5Q=E/YO3+E6(#8GR
M.BF@CAU25S0_C!6,:YO&R[Q.=W5M#UY2K-%9D6Q=01+N=>X2X#LNP\!%=B[W
M3OPCY=L0YTVWX3*K=[8V4BBX0HJ]^9.JN/7)GG_.*E<'W)%A4AUKFU(!.: ^
MYB$7F!AF^K7H59+05_:TDRWB0TFXV25%DX.F\B^9"PP\V'9SFX1M6>\J4&1R
M6^X:=)U4'[,&+?/ZHQ.?T%P?B\]'@LM75U\_<=.N+2$Q1!SDT%3EMG:D%U69
M9FO'$Y@8!A<__N*DOJ5_/6'5;V#MV#<PV\'FS7U6';H7.W0O03D]KO/?JWN)
M[I)W)%&PHF>XVZ #M%)#5TG:E%4]B$U8>_%CCV-D&$B>JY-W@U?A>GPK[63Y
M3$E<[*KT/JDS6W$FO^_RQM4\\&25I;L*JA<(]+9[!HE&T[K>0;IM*B.CCK/;
MBE:]=GK[=Z[V( )--<1Y\O4^O\V;_T5R5_FF2)JVCE!EH%W]!> I@OIE"?Z3
M^W.;+,2I)1A)7S_:BII537Z7IVV;_+RK:MM<[%T&Y.M0*+1- A^5^V;-NOV9
MW]_5*@XS. !6WZNDNDV*K [G7[>9%7Z SM+&OF76!B*EP/&!5LR-I]4A?@=U
M/!L[]H*Q,W !^+>Q$\P!'K[S)9;"?V%&A ]]84[BT9\"# !F_N/M"@T*96YD
M<W1R96%M#65N9&]B:@TT(# @;V)J#3P\+T-O;G1E;G1S(#8@,"!2+T-R;W!"
M;WA;," P(#8Q,B W.3)=+TUE9&EA0F]X6S @," V,3(@-SDR72]087)E;G0@
M,30U(# @4B]297-O=7)C97,@-2 P(%(O4F]T871E(# O5'EP92]086=E/CX-
M96YD;V)J#34@,"!O8FH-/#PO17AT1U-T871E/#PO1U,Q(#$U.2 P(%(^/B]&
M;VYT/#PO5%0R(#$U-B P(%(O5%0T(#$U-R P(%(^/B]0<F]C4V5T6R]01$8O
M5&5X=%T^/@UE;F1O8FH--B P(&]B:@T\/"]&:6QT97(O1FQA=&5$96-O9&4O
M3&5N9W1H(#,T-SD^/G-T<F5A;0T*:-Z$6DN3VS82OL^OP)'<DF3Q)8I')W&V
MO+65VMBJS2&U!XB$)'AH4B%(R<[/R/@';[] 4IH9)ZX:/@2BW]U?-_+FGQ\C
M=70//^P>WNQVL8K4[O!0K(J-6L,_NDF+5::R:+7>K.'7SP]K=7R(HU6:;'*U
M*^%Q=WWX/5 JC(HTSE=YH,+_[?[U$&?X1:R6T2K:Q+#T)UQ:/@2)"G>?D%K*
MU**8:,&%*,%W,9()_#)A*EJOBBVOI#M:G&?I*D]Q^6J]7A>X/]YDS--_.E/;
MS^%V%0>VT=W7<)FODD#]TO9&?3!'W56V.:J?V^X*M\M_M^TC/G_L=6_X*]/T
M;J44"[0F4;)M-HI"HC.?NW\@X8@9B**$&=B=K%._#KKK35<3^3@ RN>VZU7;
M(&6D RQ%Z^6O"]6W1].?3*>NMC^I,%ME04O/K-!DE:S1+D!^+FU6,#%WR[?2
M3:5L<V :<:!["R3/P[ZV9>U545GGS*BAWE1J[W\:W(+I+H7P3'HDOT7RRQ60
M%VV7;=-KVSCU=!"-UJ+1D;.(./M&\ME&@6Q*7NL&%[8'EC1=Q7'*D@*%=5P(
MK8U7K J7J)V/IB2IPN5F#;O$^=LP6:4![(-[P_TV4!_Y6M+?(5R"J)WM+;]U
M\!<<EC_C)3U^'15)LE!ZOH8?/H<0$P%_W%1\K49%,=^WBHI&/>7,.]H%V4^?
ML1^]$\Z!Z7(@+IUZ]Z4\Z>9HU-O2LY8N6$WQ*LFR>/*(D=1V*VK2X :?PQQH
M&>"V6JD=;'YMN\JIME/G4Z<=D'C236]+>P8K+;ZI)^-ZRQ_Q"Q%.J-VY02HT
MUZFXP;<]!)VYT$[[H0*/QCMT#ML,AN^'NL(;V_3 %MXAN3S0Y'O;8/'-.WRV
M3?/G\JW36.1[.M>ZP0W.$-- 0=?TT)G*ED37&?-(UY,0I:AZNMJZGB03.C/)
MD$B2>W6*9$_7%BP%:AGX4H?+=+4)*GY:H$VC /7WA=^<^0)&YH5^1;B,@0?U
M)+OM^?*)%XVK+5\NLLFT_;EK/['CC.) P)E2NWY\<6RUCZ1DNYTB*2U&;Y1(
M(H4=!UOIIB3KM$./<4N.<("-28V][L"0WRBG.'*.(K"U[B;'1S*O*7#C$[+Y
M J9Q#EAWRE9HL,-7]4JV*"1;0/[].)2GV]>^PL0I9+]1NFP43OP#LF!G#C5H
M2R'/VT"'$?A9HX^&GPT_]W\Y!0'7 3UUL>;J. ,#KV?\MF^]G$+Q+@:\G$D<
M,=T#)-.F!&_$+8::V*@IO<)6AZ$?.J,@1'R6UO"XATBLL"CXT,[16.O[;)O$
M(IIV;N#<"6X6@3EZTBIN!UH&KC6_Z$^ZER2KPSB@"(,,V;0]N\K>\+4SNK9_
M @OT1#G*ASUQ\HK(69$*/R"#;:!8@51<7L#%W;#_) KLK'MD]@9PM XK!::W
M!?)&9BF"QG\&66Y,<)#M)@,#G/ 93CSJ>K+@&Z5N4""014+?RX%FI*VB>"J>
M% CI*,"8*TMP 5U^92=O46<0=V&,Q1 X8DJLE 0BLX"Z]W<ED?4.D0Q_CZ>>
MM(YV1TZGG MI^>?G/E'V@_B/3X9ID2??#65,$5# ^.+")=:M!>:/Q!?, UYB
MY B7-*CO#6B?5LI3R4^R1'Z3K667EE=VO)E_B4CE:IU9*,X/:-0M.]P&D<;A
M8+J%.IONI,_N9@V@(XB56I;.8 =)?*?D9T%^Z%H.9JJ</N  V92#PY@BH.&=
M($JB:*;#9-Q,0)3QBGH-PF22E#Z /ZL#6*GMF!A3 #27YS,"V7WU'WEZS_N1
M::C\1V^Y^@-DO 6&:HK&9+W*UMOX-9W$&W$\@8TLBC#)3Y(/4%_HERGY9:D'
M9\1$!L(3PM*U\PPY!4 Y8E%?5V88)Q8AL=:BC[,0D'? 3=C("Q"]K(<*O&0_
M])3Y,"@8IB>!Y1RY4#6$0NW&3+ 4@G<5YGD4 \YP?3<PK@+![<7VY%=1H&:(
M,R6FDJ![-. KSG27$?K"PG;H9)4-@7."IF-"@O^^4W&@.(.'<V:KS$W1J;#2
M*:A&7^R^!A0&L@,H<>9->SC8TJ SV9HQGVUFH L)WLF=;<8\N)%*=T)4 <A4
M_:!K@&\M/T*(HL<N?]-.%MB&KT>^0+*( EDLORSIFU_\#N/.($44=+)(_==V
MQ]L=K49SZH62+X<Y"TKO956-!A%L$B6;64XNBF<Y67RVE=9IEGYBQ$UXH70'
M3@8Z^[,E4U$-A.S:UV:>Q#&S-@:<VTDK"!NB1<1D_M6(:(BY.RSO'3W:2*6O
MT$_;L]!I^@6YF.7GLV;(7@/*]8R5^FQ[2.SW7JC <RL?6T6<9*R7WR$DJ(Z#
M.Z-;UO8/P&JC3R_HI=ZS5ME[$6(0_I#*+GC124/931%%9.Y=:^I71,2.FQ6#
ME:! M)'[NE!@=H^2J;RT_./ ERY<0]XW>U#*T32FHW(&?PPE4W#R"]QQVLQ6
MFRC/9GDS?[F4@B7!CJ3(F>8)*#+"6*B++A%[<12A=N8A*2C$N1;0&>8:[K1)
M(9Z).Y.GOLU.;RSN[8GT<[+C!G$EOIX(HLHAB4@T X$BBF<=_,;/*\3=S[KK
M04_N9,_,&*5Q8+MLN5R>,89 VIZ<XIGQ-V1\R.#F"CY'K1V8NS-+>IC$)"[N
M2@@A*WA32$)QX+P&5>5W E1I.TC;T#E-/KBERD!6)5'%M"(VVA<9SRAYI!B!
M"X_<TW2NB:U03X0ZP.'FL1O.?>D!*PA2F8.FVHYETH"'PW93N$5CN(U8G6C<
M^G?J$R;@A+ZS)0>7WZ!U8QE(N0R4B"=[GYOE%Z9*)8I\X-+6VH=N'D>)#]U^
M]@TRAOTNTE4=* EX-\W%=FTSNC!K,0MJRT8EEZ4WMCG4/, 9@Y<(O8+*XXT4
M8HD)CLY2\/4>?(KG"QYPRS(P]M74-5X90'"XU-9AJ!#.0I2%VH)" Z[F;R72
M/K[[$5)/#3'@?)W'>,!"/Q9Y+O$DA<S,9&@6Y[Z4M>+838,(&!7\QWR$!BFN
MHQ$:MH;O?6QM5J"/Z%ELQ;'LJJM*@H:580]R<_60SU"?^.'=^QVAO0%[)P-A
MT\V1GJY=JZZ$;P3($*\26L+$W[4%LY!-*61!OAI:X<G5*8RGK@WTRTLLZ YG
M.L3FL_CGS1PXBALW(WD GX*S@QW0@SH#X>MWYX1Z'T<4LR7][2F6I78<X%($
M-]83V=)$FA +?2D:'8GXFKJ@*H!R[<&O%MQ@@:-1#@4\#"%]RW=,P3?V/=!K
MW8T](4-(&ST7S7G99DI"JB&#"+X>AD::0U^*IW8#"=W5PVAL.?-QB#%6PH1P
MT1J1$]Y6?+']P#<0ZPO,V!ODEE]-/ZFCW&'[3J43GZZ EA)"<_C$R)^<\\M9
M-\Z7D2R+BN_ULFAFVX"_@THOQKT(2O"5YE?M(#6UES4\BX57/N!>4O9B*BC$
MSPMCS]5ZXZ?32$XBCZ$^\2$="F66"4:4\DB3#6@^Q2<(AB]]6R^W9&.^E1 I
M];V;)X0 R=%GG08).7A$/@913 &('1$N&,@U<;YV;$>_)YPT^D4Q:[FP_U6Z
M[SMJ/2 WG#%1#8WD<D)PNGQ$Y>*4IK/8;2F$"[KG:)#Y2YA+S'T(-V" =V$*
M]^\I%G=TOX"_/BYKN$='S(.CI5L''Q7R&K?JZ8Y_NX0)+9UO@&LJ>/\Y!#07
MR<)FOA?OT!$#>O;F]3UY+3$UW'/2\H]?/225'#.E%0$$Z\TZGS>T6NJUAD:U
M)(6A^:=BX^,C28MI;,P1C'M)BD*(UCK!U;U^Q'D,FIX'".^Q2#>0%CY ??>U
M99U'SPY>LDP <C/@P+Z[0!/'D0:[NYE')0%/X:9"D0 :BM?/V]EGJ/>'5G<5
M>LM/X,I<@7!TK<"C<)[8^:E)BC7QTCYR-:*8H'*&!<\W6^LDWGID\CTV*3%,
MPRGHXQMSL R[9H4*0@@SWW%JF(C 2\<#\$LQCBU]7B8Y9&KGAX\+#+V7?E!7
MWW]OMK,J[[%#XL>!T[D2#T'-E-,,CIYL"S34;X)03_HB=TW+UW9?VZ, +7R>
M)K]"^:72#NV@AUOF@@D A!C.%0)AR:!IH/[F3&PAB"N4&8V? Z>W9WZI/V L
M1G5:/CN98U< :;6^+K@(\D ,C7<[> 8FL4^8!OC/C_ARWY^(>/XTD<\25Q A
MNC((BF!72)CX$GA TX'>SI#HI.>(BMF@_J6#6BC) QH;@"_EPT8Y'/F_JC-_
M,BL%2+:'2AMGV*^],IO9$9Q[95.:=='PM3,WAP6 \+3S!9.,ZET1BMY\EN@+
M@@!.'(7#5^-<'_G>4*.8R0$$/AM^Q@,(/Z*,\R1^/F':I&($?TXAH-7/^D,\
M'6K#!,L<_74A#0A"/$12B.C\#Q7]53U]<:('$\Y&'TFZRHM7CS&37%SOQ]LB
M+9X.NU0M=(OH!&!5'/0_8ABH662!<TAXD+>3J2G:T!3>[3,(M\EAO!;26!#.
MS&(+=3WQL?F=OZ-[B\N2.1G^2Q2,?D^$7L0NZ\P3&R-F+/(K]58:"J@4XRE[
M$GCLX?_G ID\XRD*$)@$\J'EYTCHF8C IKYK;#FF Q+?KI&R]I*Z#JT 6AXT
M4-8ZR6]D(YH:>/MDP5]\D.AFYSO(V<N);>V]F?F2YFYVG@31(>@MDLX0$]K8
M&](#H;6[4VV4=3S9_E$VF!^7T"FA1/B[W</_!1@ ;0&*YPH-"F5N9'-T<F5A
M;0UE;F1O8FH--R P(&]B:@T\/"]#;VYT96YT<R Y(# @4B]#<F]P0F]X6S @
M," V,3(@-SDR72]-961I84)O>%LP(# @-C$R(#<Y,ETO4&%R96YT(#$T-2 P
M(%(O4F5S;W5R8V5S(#@@,"!2+U)O=&%T92 P+U1Y<&4O4&%G93X^#65N9&]B
M:@TX(# @;V)J#3P\+T5X=$=3=&%T93P\+T=3,2 Q-3D@,"!2/CXO1F]N=#P\
M+U14,B Q-38@,"!2+U14-" Q-3<@,"!2+U14-B Q-3@@,"!2/CXO4')O8U-E
M=%LO4$1&+U1E>'1=/CX-96YD;V)J#3D@,"!O8FH-/#PO1FEL=&5R+T9L871E
M1&5C;V1E+TQE;F=T:" R-CDY/CYS=')E86T-"FC>Q%G+=MM&$MWS*WJ1!34'
M0OK=Z.QD24XT1Y$]%G-F$<^"H6 +"0,H(.C$^8S9S._.K48#!$A"U)SD9.QC
M\U'HKNJJV[<>_/+K>\$^;F:O%K,O%PO)!%M\F/G46\;Q-[S1/C7,B)1;#NG/
M,\X^SJ1(M;*.+5;XN/AU]OV<L3/AM72IF[.S?RW^/I.&5DAV+E)A)1Z]HD=7
ML[EF9XL?29MNM0D9=.$E:,(Z26KFW6,V/L93G[5/AG<"+UPS9S06X?F4<Z')
MEOG;BW<+=I,R]OKF[N+N\N;BEMW<O7[S[MN+Q<V;NX3=+*Z_96(DOU]<X,OK
MN\5]T.I2PV$RF>ZT)]//L3U79#_I<4'/ZW=OV3=O;J]N[KZ^QZYWERF[N+MB
M]]^]NK^YNKEX=W/=[B92:6#:_FZFV\V'W2[?W-V_N;VY@B%7[-7%+2R[9O??
M7%\O[J,C8G2$2U4F#1S1N32$H/77N1*I-;"4M!E%CY *$771$?#H^_EWY7+[
M4#3YP_LS]K_^>3^_*5GS6&TWR_)AD[#\MU7^U+#-X[+.V<.R66)/LN4(C!S7
MJ<QBN'H/X# =ALX5/OE4X#3GPEH).-UC\_SG,Z%2-?\AKYGB).,NP^>P0GL]
MO\I7HV=$"\(=?'CP2&9== FW.\]=;#9YL_F*C?VL>.JL$2SE@&9<%!"@4BVU
MCB9+0L.9R319<Z8T;H8+QCOMYA#:UI#S;C=8(1W%XZI#; L"V^[W+E^N6;YI
MEDW.BO(3WN%4\-D\/SM/S;QL-FS9L%6U:;X*2CS.3CY0+M7!&S8# L@Q>-^[
M2(J,DUE!SF%!D)-=UXN9LB+-F,T\12;#Q98L]<8C9'4^^S#3UM-UBW)'41R*
M01Q'XFPM5.NI.-\"-V15IHU+LYW]7^!-IBR^$M(E#CZ>.(16X1#>)QK>;T_"
MATS3!_C[^:MML7XHRH]P'+06 21Z_E17G_+X'JXEEY%OR:>9$S;U8Z^JUJM*
MR<3Z2;-4ZUOA3:*UBG8M_A:LZ0(M8Z#?UM6/^0HJM^4# +NJRDU3;U=-495D
MA#>6!T0-C-"M$2:!^T]X1HC$.3_TS !T/.MLD=V]PY]%U0!Z/>94:EO'B."8
MHF1PV5->-T6^"7<SXNR(E[2UB?+NA)<4MXE5_@"'&O\#9R:UP)F%D6,8]F(U
M$D_ 4")5]#"TW;'CW;W--P#%:K6-.-B>X<QKW+P']I _U?FJ6(9P$&[PQ3KO
M@B,-YWNA4>'D'FZ'=<_')I/PCARCPW>FB4%$[O)F& \7XG$\&D[O\T"'6*<3
MR_V)6$BI$ZG=02R0:JR>CD4O?DDLC,<V,L9"C2N'(>O_"52&).-["!TR62]6
M+V R8G;>0V@_3D.Z?LS7#^Q#51^-6=+1-D7+<)'M'S9>;I<(9R<!U!ZX>V::
M]08@O]D9,V(Z0.C'JB@;]BDOFVW=PBCSL8 [A+90B=+F!+2E3#R*Q..TT]4@
M<@_B];&4IY $*.7Y8"R9IK/L.,+!M@(UP0F$&YTHJ?>A8@ )I-XIJ.S$+X**
M=JG0?P7"C;%43$W<RU[ZHFNI3&IB97\,X9?+S6-@P!6]R7_9%I^6Z[P-BC19
M!AOF2(J*GYU[.!@'^\\Q:,:-PAT!]/+-JJY^I2T\]QR+4)D=; !N_'Y^L5I5
M6U('/LZA^X=UG@388"W7W!_ M76I2+A24VXUQE!)Y00?L[#KSJ[:L[_.D9H!
M3CI^A\]5%=!IVKN$V#3+W_*A=2%[NTPAUB+)C(S'LN-C?5<2[(O?D6OJSIL^
M0T3T'%3L_=EY9ASH%9^,E4,C]Y/W5?XAKVOL0^P2]@$,LC0[?HLY$I0XP2\6
MS]BAL6^:1Y0HRU EA[!;E<&TD0+3EL!B>O?H=>&R$4%041RY:]__;4DRT)MQ
M1R[?KQ?A)6$3'I+JLR2 P@18W[]-FMJ,+E_ ![@,P^NT$ZN1^/A]T@IULOTK
M2$ ;GJ(SR5(-LUV\Y%&D$9]L7^0X61:722*V UF[;E\FJ2>(ZVQ(G@?"=N&>
ML'-@I]'90UFG<23#IDX?M[23';-4.^COEN%$*CN0M<OV9.WPPTX./VBLH0.Q
MA\9=AC'&;;'\H5@75(&]H'-4;3/R1P(_;"&?R_BW10E"JCZP%5BA:-C3\G/D
M)8D\.;Y =.G;BVO1LO"3Q&"M&1+#?;[:$O6450.545'"\"61&GNJZJYD-K%?
M/T+5*%"=/J$9+"CMB*P[CI@P84VU_1$[0(.^M4-#*Y0(KA+O3_53TB=@KW&V
MV"?B/E-U#J>T@?:BWL*\]0XM9(;NS3CB#AKN/.\.A>;8[:SAT9+HDNOR4U%7
M)?*4I"JJ)!*M\^XCI2T_?XB]36?79](#?$AD-HG<Z4("(@O:3X-S]W6<;]6]
M6I8_,733]4.]_$!Y60EA;$QX2'[A5*B__J1,.X2SP940(SU9YI[KNOMD6>>H
M>[=A%Z^M@D<$]:PQ[=(G(>V+TFYO:-\O1T/)P+T!QR 3*R0L=ZJ>1E;3QHQA
MMS],&>3_. ![.B.GE9ME!+UT/*.Z2B0Z,_&$&7URYKF8]!NO\^6& M(LRX]%
MN%UEJ+^.3DIL2R>3J=BV58 ?TL@B+Y>XIANZR@1%--O5IFAS/G>P5ARM-?Q)
MPD(5R,VQ=J1M/]KZ8GPUI=+"[!>5L=40%A6=.S65LC2Z.B@R9$;UPU3)WDM?
M4K)+X%5F?<FN!B/@D(AV.I$K=_V[(9H;*>W%:B2>T&I$ZGBOM1\IBT@#ERW\
M_#R^%$U\$\K;T$%495.4'_-R1:Y^/[\#9;.,!M!$S"TNQEA2TK0)<AI-2.@A
M19Z:]QYXB<>!O.L&\N% \VMT.,WG_V]&W[^)EQT3QA?<ZDU3K7Y*V!<I>IBG
M9<W0E!&;31(6"!AW@=._=E"/D&R;QZJF%B0)I\4ZZ@^@/A%P&T7,)U[HA"/S
MQ37%9D/9K/U5@T(63;=3IM,NU;8!IY<TA$V L,U3OFJ*3_GZ<SNYTN: (OL>
MCI_J)KSOQ@WG(X/<U*SS<OE4M(/.\+O%)E1* P^"U6RKY AI&Y. 'D[<?X-V
M>)B=:4K4+%&4/;!\69=A%$T\LU>+#7G&J<2:4]T,D@L"E3W?PEYTXTU#XTT7
MQYM5:.CZ!/M$DCI_1,Y 7(ZDWI[QXT\R8]#SMO/3"$I&:7 ?]+SM^_1$V]?5
MK8,I=$#;8[5&4;#Y=Q@ZA (%"4>+HQZ3BH";G1S,9RBN#J@9U1A-B;O^;\21
M.YG:R7Z9"5:P6:!%@4(.O0L\0S^/" (?/?1/5D[PJ) R#A0'O]W=1=[^Q^$B
ME%)NL*AO0,AS6>NYJB1JK:OU&N"B1)WCEC7LVW=OPS@ OD8&I1&O:*<T)A9-
MX=J@"T(EAY#@Q'ZJIQC$IH^&]"J4&S1:@Z_A>2HL7.?E/1_#/\Y.YK^=^"4)
MT$-MYXON-UGIAC.#84X/->4$H.*]WILHN#\V3Q <>75RG-!+Q],$6@H 9QF=
M#XD+W:GPWHV%GK 8I7W##X_H*-IKW*.(MK0H^>QX3X=\'M<!(&[<FH/1PSI%
MH!\NZX1A790.6G,$[I@IG8BV=(HV&.V)3DQTQX-98M2:'_L9V:=R:F!YG^?4
M=55Q_@YN\\A"G^EFA!XQ[:/U7P$& %Y-4Q,*#0IE;F1S=')E86T-96YD;V)J
M#3$P(# @;V)J#3P\+T-O;G1E;G1S(#$R(# @4B]#<F]P0F]X6S @," V,3(@
M-SDR72]-961I84)O>%LP(# @-C$R(#<Y,ETO4&%R96YT(#$T-2 P(%(O4F5S
M;W5R8V5S(#$Q(# @4B]2;W1A=&4@,"]4>7!E+U!A9V4^/@UE;F1O8FH-,3$@
M,"!O8FH-/#PO17AT1U-T871E/#PO1U,Q(#$U.2 P(%(^/B]&;VYT/#PO5%0R
M(#$U-B P(%(O5%0T(#$U-R P(%(O5%0V(#$U." P(%(^/B]0<F]C4V5T6R]0
M1$8O5&5X=%T^/@UE;F1O8FH-,3(@,"!O8FH-/#PO1FEL=&5R+T9L871E1&5C
M;V1E+TQE;F=T:" R-S8U/CYS=')E86T-"FC>U%K)DMO($;WS*W"8 ^@ ,;4O
MODEJCM0.B2UW<\('M0]4-R1AH@5PN,BR/\3Z76?6@H4$B59H;%FM"!%DUI)9
MF2]?5A5^?GY#D_?;R=/EY.?EDB4T6;Z;V-RJA, _]R!L+A-)<Z((2#].2/)^
MPF@NN-+)\@Z^+O\Q>9,FR91:P72NTV3Z]^5?)DQB#Y;,:$X5@Z87V/1NDLID
MNOP-9Q-^-LK<7/#A9H)^#*=)8S-U4BDM92Y4VYB2W!H_F'NB1N9*)%JPW&"K
M64X(X:@$/%"-BJ>_7+].7ER]O+A</+_)DLO%LSQYLKA(;GY]>G-Y<?GD^G)^
MX\8&,X@UPIFCA45SW' L#J?<<,^N%C=7+R\OGBSG,,@2/E[-%\N;Y.H7'/OJ
MU3P8%58:UI$3(D'CN#QN.=,PI<DU4\;-*3DVP1EUF)%HO_*WZ665[#[4^^VJ
MNM\FQ>>[8KU+UL4FV7Y8;8ID]7%JTGI?[;:W4^\:6!4IM1_6R#BN;:>_37^M
M5OO[<E?<8Q_0A>6"$=/MXIUYX*0993F3U"^3(5%G^,$U3OK6@R<E# H-9*-%
MXQX:XFHZ4X:GRQ?7\WGRZFJQ?'&3S!<7\XOI3$B=6QQT1F&8G*6+RT6_C3>W
MH]Z1<H=KWBKGFW9U0Y7NHI)!-Z:) "5NYJ_!TT_GUPDG&?[,& 2HTXU38G-^
MV.*/U(M);#SK+QHU6L"T#.,<O@F"WU ?)C@%D#*,6!!HP7,:!(QX@>NA-0D6
M, A1>/0]#A2G%F()5 ;5F3;Z0/7KXE-1[8OMGP]LB+UZJ^MBQ"\J$_@!BJK@
M8"9D>!)<!WT%)PH>>K]Q:YIV0D!(>+GDP93.$U?*=T*+YLL)>#(7)E&0611+
MI,DY1*:5%I+-IIB\FW!NP3M1KF1N^G)!!2:F*%<X6$]N:6Y%(V>8F;IRR,"'
M^<LE.<5@*,Q>(6?=-6G,IUWXNRZJW>H!AG&KC<YC/NC"6OX$'[#0X%P#LC33
M8-KPFD+8RE1E3-I3ZTH-)[E*&<T@D$XM+B1>2!@I-1DXR:\PZ>:.H/>KLBJK
M]\EU_4\ .;1?37GZL M?$LAF8!*D+1A0^P';V&#H?)IIQ6%>:YRGCPQA&8;L
M"4,8YQR62&8<4'/"#L9AU1BT,9"CG1G+/SD_-(@CM.<'[X!_@]XE9-W<I&_W
MFVWA'Z,I3"KX=F2*A Q_QBG0@- 16T1&#1NQ163<VHY+0!L3$7@<7<L: RO"
MV$66L<1Q?%0?,Q:,2V&QI3AG@<VT5B-A!;E1<S425LQDBHM#X$JKW0?++1L"
M;I3+7*HAX+9R.PC<*%<Y8V/ 90!OJ)D@ XL&NJ)?+'V')-=/VS"*/:!IX.)
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M6 8([8ISK('P8R'<A&*)*%"CJ]L7+9",PT!,$'5?F96Z)C$:JLJ\U(K#/J3
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MW=XF(A:WAYLJK'(1X1^?I%68B2P.HSS"W<\WD3C>)'&8;O-"W-;X>?MP\_=
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M<)M'S](01PN(RMDDB+GN=&.S<QZPAZ(>PXC=-$*#82Z$EC!^KXDZ6L-3NJK
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M<J;6A"%Q5S%9+F)RYV*]C*OB<>?6;;NI6MJJV+JZME6OWX<S6X:U]E="$@6
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M -!,&J +9;PV(?UL< L"CR9&?G=W SB7114@0[:12G8&FBZ8@)MV[F\^W&A
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MTPQ%O$PW[= SE,AFD*<D7V6E8(652182%!T'7N3U1(,D#JYFF?03;LR_!1@
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M!(T2/F^FKD4>%M?%R^^>Z_MVL+SC7-=RWQ+N[AK52:3319N;B79=:D *<U&
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MU?%-R_\.'/%D4;^AD>W$SV6E/)>#UKM"'A.K>_9(.=OR!O4M.Z"L_;1!>X;
MS3<5OY?M?U=R=^0[(2O[Y=^]</M9,>3X:;5;?5CQ*#N$E.Q#9[OPN'XQO>!
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MMO0-$8F$K,D)^;!.R-^T%<U,D&:Y;)[;5Y,X4P-$%]5US4W=!"ZAHL>I'R8
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M'B(H&V^Y- 8QFI!53^COL,2J9PO-[4!T-B-'2: P)V",:>6XQ6^.ZL.<J'?
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M?"O _6LWDY4<CAEY)S1GC@)$J&$<'(?W"X"D\U'$.@"!HB#15"1'#54<M)F
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M4"SF9^[M_]UL!^S7]DU+>VN_H<CL9^)W/-W=PW+[JF%I!^*VJ/UI>4Q=_RO
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M+0)>7S\S8JQARTTY((0I.L1=TY5=U=AD@K%D(:VPDZ&('MLI@$4HZ$K1]=T
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M1:15[%2*I[[4]I!KOTH2Y7%">TZ[R]B*FSS>#%%[EU%C17%D@I<'>]O2;1)
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M1^&2[,F+>_D2&W9<*4LZ6VDTIGQ=JG0=.]811H-0C*,U(@V)Y9;4/@/*4$C
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M +%FVD,JLS0EPFZ@6U/7MJ+]%.IJT =6$7\O%>FQ9DJ^N\5QIB /GOG_ @P
M]01GX0H-"F5N9'-T<F5A;0UE;F1O8FH--30@,"!O8FH-/#PO0V]N=&5N=',@
M-38@,"!2+T-R;W!";WA;," P(#8Q,B W.3)=+TUE9&EA0F]X6S @," V,3(@
M-SDR72]087)E;G0@,30V(# @4B]297-O=7)C97,@-34@,"!2+U)O=&%T92 P
M+U1Y<&4O4&%G93X^#65N9&]B:@TU-2 P(&]B:@T\/"]%>'1'4W1A=&4\/"]'
M4S$@,34Y(# @4CX^+T9O;G0\/"]45#(@,34V(# @4B]45#0@,34W(# @4B]4
M5#8@,34X(# @4CX^+U!R;V-3971;+U!$1B]497AT73X^#65N9&]B:@TU-B P
M(&]B:@T\/"]&:6QT97(O1FQA=&5$96-O9&4O3&5N9W1H(#0U,S@^/G-T<F5A
M;0T*:-Z4.MF.Y#:2[_45?%@#RITL6:*H:]_:]H[A@3T]<-=ZL7#/@TK)S%2W
M6LJ1E%WMWY@9[/=N7-25J?(."B@I23$B&#<C^/7W[T)UZA^^>7KX^NE)JU ]
M'1]R/T]4 '_T8G(_5G'H!TD LY\> G5ZT*%OHB153R7\?'IY^-53:A?F1J=^
MZJG=7Y_^]*"-GP6I5H^A'R8:/OT./RT?O#!7NZ</B,XPNE 3,G@0*AW[&O%X
M[C.A*@S\/.,OZ8T^3F/CIP8_]\,\!\K\ *DLX:G3E$EKKYVZ=.W%=L-ON\?4
MUY[ZM,O\R"MV&GXTQ<GR;\N_!S78@D=\]?:HAK-5N]B//1/Q\_E:U8>J.?7\
M\\7*CK6?Y'D,!,)>D0XMA&BAXZ510WLHD AOOWM$0G2F7FQG5=DV_=!=2P(4
MAGYB3#8!B@50*#L:[$$] Y@$N8WD?=LBO9EWV0&[M5<TTV377D]G)O Q,GYD
M8!<HDSB+'7AA6!(8!O]R+@95]:II7]3'!LDN>H5<_+%H#NH[^]G6[>43DYJN
M2-4.5L2P++ 35WTK&QRJME&]/2&],7'< ,=]I=X<#@P1! K$C1"#A"'&L5!7
M(8BBKDF6B;=7[6?;$1=DQ!9=OP>VJG/QV;J=:S]*@G2]\PAA/_J(@R1TN;3=
M<&VJ?JA*1I'X.2CB8PQD%N7?KE4'K =YV"_X37-2H%9,=N(G,6R:R/[5ZPJ:
M'35EKTCWO(N#"[*I&A1[8TNW;ZWGVB.DQ;D3.G+NI1K.JE '>[0=DE)7'^WC
MQPH8_-Y[9YF[LN/ SU(PDWL[1K:&##4,HO#]#O93GHOF9-7(@D$V#Z)Y8J7%
M7ZBV(:H5J(=($1C.&\C]*(_,<@.(2>0&BH!:#GP#93HJ(T98U36IQ-^N!=C!
MT5I4!MZ"@SC;0C"Z''8/3__N4!"N1'#]5+!5HSNR.S GQ'YLRVMO 3DJ(.A,
M4:MC40YMUX-9*OFXZ*] !BI[?V6KCL!_1;D3;%G:GD 4L!M> T:GT9N@S$'A
MG@O8(PIW8M*<#.0GZ"H/%C3XH>UDQP[94FA!*KH0.JMR=(.2TZZ((*#[O8?"
M[&!WS=6J4]>^#.<]C&H8W:$.-W;@%W2'K*/.6\=A'DY6ESF48(IL=DU)3B9$
MH_40: 1 &07NMBW+ZZ4"E9Q)$K\R\!50>P5NRQX%U6R/@"<P^:CPLDF"6#2E
MF+4">BU"C!$BR@_4M6@:A.R0.Y\4Z50D1@#% :])2S8 .9PIXX0OP=XJ8%OH
M-;L(_*O=810YT#O'@()&>O@?RLA WY]GW_-X2R,E?5G2^)5&+O2?L=S"9\A'
M>$\\9QVRS96ND.#\,(R%B^#*T3=:<!%@=;8HSXK%V#8@N,.U0QTHU+'JP3.Q
M"S7H0M6A^EP=)-#@&(%IKKSX&5PNZ]&1GQ/,G@? I.AY0 [2&R@)SV!XH3=!
M2N\SS/2[$#@%;U<,78)!'HE3!"TN(<2@!%N.U$Z@2&D*'@LI92*!BRQ_>D<E
MX#>F"R1V=F$\-'IF"CGC!&\J(4VABSRVX+=<[($-]90R@*S54+DWH*YJ#^]W
MJ&SI9"U #CH8,0=!=U>,O&-P=A/&]TCO3)$1>D'^/P,,@VT*<'6=A1<.M5?V
M6*C(Z##!^E*TM7%WL4.4LU=]CYPOU(JQ[0!RFF%%C_EL 4]C7RSLT"=O_.B@
MO^ZQQ\PNX<PNP.^U-HXDY\TI1'EO^A[PB4?'= )=*C[_5S55 YZ4E0X4')05
M ?_GTP/GK%GB&Z,T1,(0,$'^!/0^'#'77>>2.H]\ PL@FB643$YB)PZAV-_9
MRP A)0)7CSH5!7NE@S E*0)*!X)PYB%"?16E@<<<Y1:"Q"%P"^XBP*3<1'Z6
MJ#C/<;N^R9"!ODES^)"^6<R;%()OMIB/(:M/9P!HY@X H$"/"$+MYSRKLY26
MNVE:-TV;P"RF5ZL=\HW5B_/)W9- G((-Z^5)@-T%*]_/'!1[U)#IQ)%#QJ]G
M:_F(0FH$&5V:Q H"""LRA"T"]&]:[X,XW0-XI<-]I@V]BN;-!)'%?IK=8[3,
MIZ&?C8R(?#?K^"C3S(AIVO%Q8[7CX\;J>XI(W$NF ]Z,?PM+_-7[,QCBVS%Q
M^*%Q&1#G-N ZOBWZL_H&$Z#W.X[%(Z=U )+-%HC6KB%%T=_R.TSV<"(@)L,K
MG ,V^ U;CO3$[PS)G_,[AH!I7F&XF]_B^-9ZQ_*M]9L\-W!F6#'<I><A^[ZW
M=Y*JI0)#[$"NC;#6/ 43BO.9%L?"U6B?1.E>1XF*]B9+]DD6WF%IG.!CFZ6
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MB9B;=I+96.TDL[%Z4S*8@26O91^0P+DSS;O5F68>#3,".4*[$PZ#:.6P20'
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MSG/X02&G^(8TFE'X_C?.YNV=%01+WA7-0;VUSH+\!+V_:9M^Z"[[@93A??E
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MZ.J*;H^H8K^G"/)H0Z=]ZV0AG#G8V+E7.FQQY-[!;%QL3.+$#^1203_WPB'
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MK&WP^O1T>6OV3\F=*CZJ+7YW^$@V7;,4E[?S]NEOA)ZDCY#TD:UJI+91/#(
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M:-[,6LN2V\85W<]7]$*N ETS$/J!ERN5*EF.'2=VK$@L9R%E@2&;,[ @@ ;
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M<T8/6V-#8'#QN"\>+.)E:[$K/\(EY+S+(,'&>8^*A#QE8,2ASK+!H?VAK;$
M>4M48!N5(/\CBU70,O80'"N.)4)%&+MKFR,N@0_.#A][M^*9 7Y+\KL1 #;D
M)_;U9M@'()=RA0J_T>38-81LR[VXN)/Y7:PJ4<4+CSYD5VJR62X/;,JHW'GO
M%#/71"_(G-9VAZIW-;JUY ORA&-8Y ,J95;43>L>%5S]*E\.F(9U4X*S"DM.
M0((K#__C/6*V:8@[R6"_NJ'="=L'!^!Q43&^J"@NNM_6[*MKD$"D?%$YT[&"
M5*/ITE<2[]Z[IMI!W*$%=#9-W?6M1PC \I/=(!$K)WO(H*W@KW0$*&^8%S W
M3,EA/YQ QVIFA#6'U%'"A-4SNRO;6VS"Q6B'FJH55T;(T;&3 W4ZADHZ4["[
M+_>T(@@G\DL%]8FTUNXJ*% ^S)'JI)P%:>3>J9<VCW99][8NZ@W01HN5A,.)
MW*[O$2N&)*?8?;%U9=AM&WQY"A978HIZ2,7$F&S";3SBUM?H!5"D [UV"?,=
M)0*3;V)-O6VOA\1)V8+4IXX[(@SYRF*7W!#*R'@R/FRA:Y\UQ-4XAF3+WF7'
M@-V)_2>G>\E.V(\;VW4(P[ MI>DL4_4@U"<J2DM9[XH*S.QK; N5H_XY4A;N
M[7K4G>W@1,_"631?^;R8&#V\04Q_V*!(\)G-@\-E)$_8^ZGO&%2D%&#5[';D
ME)%%"B:AE%SVYX,EG QH X.&E^7C4Y:,O;$_'JI-,= =""GK.[$[>)N!KJW=
M<Y(P;T5"/3"L.]L^,!%!1 D'*)]F=LQBF2=F8GMQ\KX^M/0M;*[[DHZ7]N/>
MUML2=8\ TAPJ[]M;[]H6)I5N#\4NDN;3@4.Z!,6G/Z\2#FY9;] ?4I>SIB=L
M; #W.TOZEJU34^I0)\FY9V@U,R0@G2W+5134Y!,B#53L9T['/Q2LJOQU +7&
M'FUB\TD",M_>/)=KK>5=KZPJQQSJCH*X;P#;V\J.+K\6Q_MR<X]4&N*KR;43
M-T]';A[/RC#X?>,OZF8X <(WY69E@G(/FL"TFAE&(.BVAN&_B+YDYB'=\\[1
M:RZT-P,3=I_4*\"4BI@;/EM>D?W6-KN2SP$C.ECC!1;J&2(I/34:YJ55' 'T
M9_(Z<7T .CF.)RXXZYGR!]6A8R"OLR1YW#'02QT#Y4L:*?E\O4Y<UR0B/5.5
M9&,#AALVKKGB!Z4^.T:X/ Z^(X!\17RFV7\@EDKW+^<[X!L82 .OF0)TO.B?
MUE?<FC%Y%AHE5&Q";83$_@T,7.VHU;38RD'&8?<?>DP+BLJ4ZMNLY'C08]*?
MR[O["O]ZQAPY:LV _+ZI^_M.(#^16>XH! 8C-#Q/V^ 79RTF)R;62[["+#DT
MK,)$YYKF(EX,@#\@1[(_^EG:S0I-[&']J),5@KOJL[Z#WSP<2[5P\RF]J3V7
MH2()6!)_154X-NU[QRN_?_T*42BJ?IC7-P,E,&:@-E0,.9KBU3U![MMO!W>]
MQM;2[K Y@<<YI+VHBTW3]641>N4]H)3S4'3!1][$&Q.'66KT/$O<G/7GT\5"
MW@BJQ6FJN9%(#,&DW.JX%$[.!A=3!WV.H8H=X$F F74IWZ&*5!6Q:,XGT %
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MYW'U.((XW<>0?*:/\9@Z'1A_.GA068R8+1F.G\+M@1(%[*$0]])^)O(T(FO
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M]WH/Y6=J,!AR44CK.%8VQAC$R>*LG7KJ&3-UU'-6>HYZSBM#9I>9W&%?G&%
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M5;GO\6H'-J#E3:J^(E2OZ#) V>VZ8^OVMX[]H<,3 <BT]N5C17P2&-9F1Z6
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M(HMDG3K[=T[5=__Y<VC._:OO=Z^^V^TB$YK=Z=76WV8FP#^^2+9^:M+0#[(
M3S^]"LSY513Z29SE9G? [>[EU=\\8U;A-HER/_?,ZN^[/[V*$K\(\LAL0C_,
M(KSZGEX]O/+BR*QV_T7D$B$71DP,/TPJ2OV(Z'CN-5U5&/C;0M[D*WXY3Q,_
M3^AU/P@"7I ?Q,56%O7VW%G[:55XMAG,M6L_5T?;F])T]G-;?ZZ:LSET]E@-
MYE0>JKH:?E]M<C_US"_><+'F'Q_I-6$F]O,HC$$;;!"EK:.4"Z7/MOOG+ROS
M4@T7S/\Z# S(^I%7U775-J8?]W6E(X,I/Y=57>YK:TYM9_JA;(Y[)AVK[#:.
M'@DO+5)'-26J&S](MY&0K>TPV*XW[4DY\8UY.QA:_0!ZN0_6Z2$-_'RMFDU[
M.JWY[EW+E$*H.,UFQD)'(DN5,UIUX5U76$KDE0W6F;&.-RDDU=E3U93-P1YU
M )RODR)>8[&K!!^8EG].J\S//+/G&QGJ>$C^RL@+K[?"2.@U/'+FOSU6$'IF
MX <7'K(LRF9)8N2_\I)\(=?EXM4C_WVDH%/H?*(")YF%"C:D@\+I(%<C&RZK
M30S6(7+;?:H:N2L'>Y0KLC:Y:N6G)EGFG@[:E9]X'>FM-RL2(=0EJHF$<.!(
M)_&D?B7]L[T.9-_X:F\[$P=K$P5ASAKNK'DI>_,Z76=%3OK06:&];93,L\:.
MH2Q(:%:O'0<V27(/F"X9B_@+*&#8O([649;)C'#0351 4!#+K:V&XB!%7LA2
ME[..S1%S+6R7^597Y&NB(\M-X>K;\,'QBBB1>5^'T3I(A,%;O]JW7=>^@)YO
M=N#AP57,"\FHZOL1UCNT3NU*\,[S$O5WYWCGL>S*9K#6'&PWE%5C6GCXN1S@
M[3W-!F8':\JS;0X58DYG:[((>M+9LG81,DFB;.8M=41"C:E69CG:S[9NK^K/
M#3GYCVT_J.02#E9\X7CD&_=TEFOBE>!8(XP2O^,SDR6$N?)9=:3[PR34TEQM
M5[5'HMTVUG#8RCQ;BFT,>G^M#F5=ZXTAJN4H/$=^LLT? VD8JCZ'5L)DN8K(
MA>=Y$!OME\'"=(ZRDB.X@K3+FA:RT7=H(;+"'E(BO2N[2O>.7?8H/XQS#78?
MG:'O,5%O*FBX@Q),.5#6(%V ;^2^-Z:EMTCPO:T=9W&P4&;NIHYE:GL@_?_Y
MA^__\G%M7B[5X4(I GR&_M9SB>=P*9NS-;_!ND"Y=L/[LL>W<$9VCF')%=&\
M8\HY=!RI$M^Q3$,)XEL)XCFLX7\0L[V>^*I:8NP=;+>MJR-;ZJX=(-KW=J\N
M21Y"O_-++C-&Q7;!=^:HYZDR[N9Z5UXK_*X-PM*1$H<]^N:M.;1DV%M/_E:#
M_%+&/EF6=P#NWLR)D<G=!9M(K"A---I<.58UH\1&.+FYEL0TFU7BD34O9>RY
M0#<V(TGZVG9D6L:%8J*:(]7?>VJ:IBX'6.6C\.2O\*'NNOO68V:312M#9!&Y
M6 3E60Z'=:_25P.9A4'+NM._HB"7).Z-21*UF)1<CU<RK8VS+;$'(*5#5^WQ
M4KF'L:LW43!Q(H$>(A')WQC5+,'6H6TH*O93>,2 ^&O/@4)@0P6KF%CAZ9[I
ME8RIT)!XP%+PY="OX9R'>N1\4AK1<[5"!&@JN1G)V%-/+>!UJ) L=9 ,R>A<
MD2$T%JD "A>V #ZS:(&')FM6:5XD4\,RIN0;/R;?Q]DOCE$E\.\RBH_'^F@N
MY6>D,&6M(O]L1YCXWJ%6;\KN</OB+KQBWB2.7'QE32>>. 2%U6-%N+@Y@JL.
MV>DZ=K"R'I%M: ^_FA>7A^-MG,QRB:>),\T48%%2+@7HD:8#+5%-QGZ7>E\J
MN6/=))[<3%ZVB3$8/1B!2Q'L=9SR<]CQ+;X^:-;8T\3P+@XM.X:Y\N J#S3T
M@6G"1M7\H3ZO*P*S"N/KVDSF1C%KJ?/H1N>^,+#[#REQN"22\@5#-Z Q4?6^
M'SNR7#*54]4APZB7$I%3U2/KT<3I^B[!?RV2:W87$T:IMHVV=YF(8:/FV*9I
M1\;L-*_]8@^CBW:E"(0TPR%* U3'@^:/O-*=;1K;]W:*0DKOSJ(3I1J%ZCG?
ME\VO+LJT>J$UF1FO9"RO$_'1W*GUV-9U*9A-QEOB._:ZX0QDA;1X^-4%HZR(
MPT>SCQRLL%/(@=2A]^$%$,U>2\[I6OT!I_GF+XWYTS@ACBAA!:=SE&(Z3Z N
MY]MDS@:BJ5@TE3M-H;HXU*TF\Q)+^JP0*B+DL@:V%@G$4^$(Y2#D"@)WJ#'.
M@CD7/88.0B8B7K9CN2R=Z%^@48X8FQ.%$!F5N(*8?8'M-\?VA=2!D(VI!E7.
M!!N9^G/8&+M@P'8]PH%*R>:PM\'5H<M:&]X/C$5A LAN"2:IE.(O3=V6C0-8
M83I%YD@SO6]^F$#:X="-5-\/@&C;0#$:H52R7F:.X9>YUB-EH1E$T;S/@TZ8
MJ?42FBCK*5ZX6EY^;\%*\&850X/^?9Z88H9C)XKN RH1U"CW6,GE*=?5YJY
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MBZ^;%D77V'4PU-H]4(B/JP7\(*M>(/[FJT2_#6G50H)4 \<W5WB_,/OE"E=
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MLQW-!$R=P>*%_J!,,,VE'W[V A;;0YC,*R!*[NU_*6[K4@ ^GSF9\,"#Z<
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M%46.0N?'%\T@O2B/K1DB;I5Y#(6F8;1F 6),6S,+-J"[KW2$$,X?)_,+*4E
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ME$,Y);42P9+)R31]*CG/E'GEM.12EG$GU<*?CZ#0IZ!JO_OLH"4TNB>LAO%
MNS+5[^62\?S12=,Z?V05*M7_'L\?43#!A02)I!?,V%R%U(JG4F&*9$*D,R8T
M]=I5F>F4R3HMZGC.A!1.V3J<-&&4NSXYJT.\Q#1J6":TQKL<3R-T,KP(ZY7N
M.8,3[R[\=2<."Q',[KR465A5"+2[ !NS3BA&2:$2_&A)JW:E_\F2:BI(&,9M
MT5-F<ZEPER.,PVMYMPKW:WP*84W-W^V#]44I'[+;USS0VP$<]B=\^Z[?I.CT
M!&<=N_V]P1@YO0YQ:PY+0BEE7YF(U,QS]G2BT@T3BA75+(,(Z?8BNQ;IW1>B
M&NU2]9[)/ENM!)2+J_<7KM,=GF/A(3"6;9TY.\0Q7SBE1U5XM/>M',2J*IJQ
MH%K8="O&F2*<18-$5ZL7KP@O"?G[]Y??KJY6EZNK?[P@E]\^QQ]>QN_/K]Y^
M_?*[M]^_>?&67'[UW?<K\NKRS=]>K,B;J[=_>^O>!(Z<3S04 S(ZMPQ!_0JL
M#! N3N"=KNY?BN( F8>\0==^LSG^VRD6)LO\9 %*NGWX(A-#%J+%DORS)NM#
M3>K?[O9'"!JG/3G=0N7V88&KLKOU=>B7@A2";SJLO>UT25-+;L1G8!V$!8FN
M;Z'Z@T!SNCWL[V]NR?[^0'Y9'S;1_-*(UJ:A4(E%N&ZUAL)QZ0Y*?]H?#OM?
MW:[(_>Y=?6CV>3C3UME*FE0HJV"J6$U]?:C?;4[D\N90US@OUP9V)+]N3K<P
M_>WV2+Y9'V[V!%/V-YL#3'-5[W909]<U^6J]^W?9%"ZYJ<"5_U^  0!++JWS
M"@T*96YD<W1R96%M#65N9&]B:@TQ,#,@,"!O8FH-/#PO0V]N=&5N=',@,3 U
M(# @4B]#<F]P0F]X6S @," V,3(@-SDR72]-961I84)O>%LP(# @-C$R(#<Y
M,ETO4&%R96YT(#$T." P(%(O4F5S;W5R8V5S(#$P-" P(%(O4F]T871E(# O
M5'EP92]086=E/CX-96YD;V)J#3$P-" P(&]B:@T\/"]%>'1'4W1A=&4\/"]'
M4S$@,34Y(# @4CX^+T9O;G0\/"]45#(@,34V(# @4B]45#0@,34W(# @4B]4
M5#8@,34X(# @4CX^+U!R;V-3971;+U!$1B]497AT73X^#65N9&]B:@TQ,#4@
M,"!O8FH-/#PO1FEL=&5R+T9L871E1&5C;V1E+TQE;F=T:" R.#<P/CYS=')E
M86T-"FC>E%G9<MO(%7W75_1#7 %3(H:-'8\R13F><J2412</=AX@L"EB# ,<
M+))G/F,F'YR[-19J<:5F2L32Z+OTN:?/;?_T[E:K^_;L[?;LI^W64UIM]V>I
MFT9J!?_119"ZH0JUNXI6\/;;V4K=GWG:#?PH5ML<;K>/9Y\=I18Z#;S8C1VU
M^,_VYS,O<)-5[*FE=G7DP=!+')J?.7ZH%MM?T%S YK1'QN"'3'FAZZ$=QPX3
MK_3*31,>25<T. X#-PYP^-)=K58^6H"K, G8K4_58ND[._QC%F[J-*H[T(WZ
MMRG+5EUES3W>U_A'K1M#0XM.7=#CQIAOAJ;HSH<OLR/^TI^RR+,[NC 2M><&
M80H^0KCH4>")1Q'[T\)G$?IALIW:UXVZJYNF?BRJ^U9EG;HUQ\Y\6R1NY-R9
M1OFK<^6M=*P>LU9!RM\L?,QO_0#OR-Q2[&&2PR1$JYB&1(P&B9@M"[#CJL4R
M=$-';0\8Q)&<!\?;X^!-V^>'J4N/15FJ.Z.*BJ/S75]'$AX:B@9#DN\<IFK-
M#CZ =!EE'DS5P16$5O?BL]:NYP5#B@)T&S_=F3L86JL\.Q9=5A:_9UU15ZK!
M'P7Q<\!^X(:!/@TX1#_P(A4WLC+ORZP#3_IJ9QIR9ESQFE::5AE7>!&[B8..
M7F5Y41;=;XLEX=A\SXW9P<*H#CXRG2HAGM)5[,KV;PQH*@ &*SP")[1UAG+B
MG&1[R*[->W8'ZZEHA1 ".(].70_*9$AS;&>,.3P+DQ.0%-U!715-VZFMJ2K3
MML:HMUGU5>"3OG$EB3+_/(DZF$0S"8<7V5WYOH#IHB,@!=:-&/",CO!#=(>O
MR*E,Z3> !L:%A47>-PWF^PA?91997AKJ(63MBU$O8:-5U7-=P!R=:0P$"<@P
MZK'NRYV"^[[L</J_A-%Y K13[U6V@R4&"&6E+18Q<A(W6TH\GRT-\YOO1U.!
MT[N^P>5"QROSO4.B0E> -*KNT$X 9AG 6WG>N'B)G5]P_C(,$U<C#%TJ4"A'
M<U^C80MFK(:AZLG&)!"B/SW0GRQ5UK8]+I#G&(!Q!0EJNZR"_TW=M[.562 S
M%&) 1R/^B,4LH82IU#F&B_F?AG\2#%545NVX_'' $?*8%T=8CPS?UST,.,G>
M4DR_0&B>ED5Z-G&J:&FFC)_0_'7?8<@[3"14 <!BX%@]*Q_..J5ADO!S?@*S
M-@971.YW-41.5U7=\466YV30<@.Z[0WTR%XCQ7)M4,#$QKMBOX?)JQQFE/+
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MH-Z?[T_LQJ9!03(C"[V@T[ \'M(M+@]& \&UM>)WN&O[ P=GJI4Q+7<!0\2
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M"PW,%K*6S7Q]]PO;Q@5$A-C9)Y&\L*"RI46![+(7\];-F[5NYQ.!]'2# ;V
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M>_I)9T=K3(YTZ82=9C^WLVP$1.=+0REJ9_>V$ &-CI,9<,1(>Q(+G+(8$(E
M,'!9O# ;Q O<H!FP#Q2AGC9H?H*2[&20*I#^C 6C)^@&Q+Z>22DF4P!7V$D
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M)TL4\B@CJLRNI2##-$QE ]82PM^- Y@HLO6H+<NA0]?,:NTB0+@)$*!AF(F
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M/5QM%(J"!@IZ5/W<AKFY3.(\2I_LF&=[9J$AJ>M0#B/4L'01Q^4:S90$NXM
M-CEA*K;LN780Y;F37, E"6QW2]MZ<<B@"T@L\UP-8PU&V3-2$H_-W@+N5(5A
MFS=*C,YP<CC8NS:>9%%^BL3%_#+-#FB1][JV4U"OH)]@#\&_!O[F '6^@SY/
MGW9<FJS@OT?6'?E)&N83WI*/KMB^W"-NH4-5]*'H+X2;/G?\KJ\M^,Y>-IK?
M;G2CA]]I$'2$@+C2-TK#)/(K)HHNI-AA".D$T=(Y4L#\=3'B1I%E0D2NP89+
M)L]C$W8REA3Z61 7,XJ+DBQY5U\M4 ['_@"9:8A75U77USC'\:1D707R5A07
M!#UW_=6VJYUJ@30WC1L^0)@Z8+E!J3!4<SY"@=('Z-KCL'21DO/&6KV@L=HY
M#NW,0HMJ=5\V1ZJ#&'ZUW<+(H._!>&/<6'LJJW]PBAD8,Q*/^2%G9^"GV61L
M=!N?2;M3,Q8YXX5\.R?W-MQ6]+5PTSR43[.3LA#40-DW/*]LNN/PN&NU/I'-
M8(XT$!^Y,#DF;!YS F:64:J"-Z?4L+)GY>5BL'[>5"TV;K:E F=W#UQ]PT/K
M(RB:%?;Z)86=QHADI./92,^P:VE.; K7Q:#FCI6@N3%M-;S@#&+&(8I.#5SW
M?&:OH)(%'*.KJF/?C\W=2;LV5&-9M#5YTG%GF \)\\"&OMC1887LQ0RPKL(I
M? NI %;\=H0VKGJV8416%)YH>!!;G=(":U_R^5-&PWMJ&1&7#=!7$FI5#?RQ
M%Q3(TD [V(P+&OVK&F_&D[41>:C[8MIVYV=/ZEQ>BT-,<4AQ/QS'@68<7R2^
MFUR>LVD6N<1(,C^1T5.GI,D+SXKLEH>Y=!/\XWL]&]HSGNN![TVG]O&HZ)8_
MZ+R8KB;E,82A/BLNHA2&CC(;W.$QM;&(,1OND-_G$Z"=$AXKS)@5X_&*#"X2
M?V3.N2W&WTJA)?-I1V2"-)D?MJ$P6W?/<U>40+>'SL9E/!""IZZC9W$T9D,4
M63ZB\>29#^#XKQX&I=##,^&;KNRGE36'JI1GCV0UF4I9K2%V9-,=LD0HL@8[
M WS2T,'C.5DG_2*/TL<./SU;&M1O1PV[0&E_;"LZ%[M;N-$8MBO._E>3\;3S
MQ6X0PN,_9*(:$(G#.AX/5%K!II[J*W-5,9[$NP,]>[L]U:HLF\$45>6VR/^)
M,LR#"IY238I1EEV95G!""&7HVOA3]0UP6=:@T:A9L3JK56Y^/-M,"UPI$YMS
MG.V0ZWCT2K2F9%9K"1OH MP  5QRES?0XLUQ"E*@PEZO_ZT(Z[;#C<,D*7_J
MG/.I$^,_U<Q?/*4Y1(%\=VSG@L U?]M# B_MS<->45T$+-F?%6PHN(LLN?GI
M]KYK[I69O&_+G3MDQ[L!)7")M8\/36?U*OCBP[[C']_*,W1?/X-(^9RL:]0U
M1C'"E@[&PJ=^\O.^B6S?)CH@)I'%,W[R//_)];/W#MCV:_$3R.=CUPW6^,0#
M;?E2A(',(- R"0J:NZ[\>V5>7?G-U+VE^+Q?WT0Y5#,1YJ$/."PB/Q5^$J.W
MO;K9XH_95W\L#C.<A?E7["N(??;/P^!!7$3%=0_>?U75$9FX^ ?T4/$+L&>8
M?O'09HWI#VRZ7SI/((;_+;6?5-6K@7X9) J**?9VK]56?!AW^6=NZV,4_R/
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M I48%B!=?5G4Z;='">KM'B5O)Q)-"#!L!S0-%KC8J4HV&]$! ,\B=JP0HPZ
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M^UW;MT_O:WI=W;-'ERLZ=VK7)KZUOU7+)@TNBZE;NV9TC2BOQ\',;%"G%/_
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M@R3DZKJFE'7M@OBY.:C$--$,Z9F!+OZY@0;^1!4!"I_H@VD9F3*)3A9HD!2
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MZ)?0>GL[)1C'J=0X[F9"-H4<#+0%Q@"C@'G07P8TL6.IU.Q'9/9SUUNO(6_
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M8 :0#XR22$+;;*"FUBV8!Z_#?+B'VEA%*,=3:(,AU 5C(]5ZED:A/&G !J
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MX9<*;*$.XIQ/G/%5.]\;03VEU&=]H?.]CV'3CU7G?.90JFT^#SX0SU90.ZL
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MI-X-%-=3+*.XCF*I:JM +%%M4Q'74BQ6;56(1137J#8%T:#:4(SY0M4V +&
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M'#6 HP9PU ".&L!1 SAJ $<-X*@!'#6 HP9PU ".&L!1 SAJ $<-X*@!'#6
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M.!XQ?AWG_8TUS_^SQI]8N'?B_K)N_ 4&?!<E(#=."TC?':4EI+^+6A!BD(O
M_5&:P&VD*DI3F$HV1&F&\DU16D!Z?Y26D#[FZNL.M/K\ >68XFH/*'5=F[MZ
M4*34=&WI[MKBZ^GHVJQT=_H+%;NOQ_=-1E6=G4IC1UM[SU:E,; UL*4WT-)0
MMZ)ZQ7)K4]^FYJ[..M<WL^""/NB& +3B![@?L0+'$%S0;M!UT(4?_EW0$[52
MH :Y+4CSWH?R#L-"04DG^A<B93?DOO_U2%4X4B?B1I2TH7</;#6X .( VO9B
MWP(-..(*J$98;OPCKP\V03..T(EREV'=!MN0\Z''-]O^7[3173.,P41CEU P
M0Q&L0NI#\3#<U*.N^\"_Q6Y(*/]$GB4;XI\N>;Z,XQ<6EXBZ/E8A7Y;CC/^*
M1W?D?PDP ,7-D((*#0IE;F1S=')E86T-96YD;V)J#3$T,2 P(&]B:@U;+TE#
M0T)A<V5D(#@T(# @4ET-96YD;V)J#3$T,B P(&]B:@T\/"].=6US6S @,30S
M(# @4ET^/@UE;F1O8FH-,30S(# @;V)J#3P\+U,O1#X^#65N9&]B:@TQ-#0@
M,"!O8FH-/#PO0V]U;G0@-#(O2VED<ULQ-#4@,"!2(#$T-B P(%(@,30W(# @
M4B Q-#@@,"!2(#$T.2 P(%)=+U1Y<&4O4&%G97,^/@UE;F1O8FH-,30U(# @
M;V)J#3P\+T-O=6YT(#$P+TMI9'-;,34T(# @4B Q(# @4B T(# @4B W(# @
M4B Q," P(%(@,3,@,"!2(#$V(# @4B Q.2 P(%(@,C(@,"!2(#(U(# @4ETO
M4&%R96YT(#$T-" P(%(O5'EP92]086=E<SX^#65N9&]B:@TQ-#8@,"!O8FH-
M/#PO0V]U;G0@,3 O2VED<ULR." P(%(@,S$@,"!2(#,T(# @4B S-R P(%(@
M-# @,"!2(#0U(# @4B T." P(%(@-3$@,"!2(#4T(# @4B U-R P(%)=+U!A
M<F5N=" Q-#0@,"!2+U1Y<&4O4&%G97,^/@UE;F1O8FH-,30W(# @;V)J#3P\
M+T-O=6YT(#$P+TMI9'-;-C @,"!2(#8S(# @4B V-B P(%(@-CD@,"!2(#<R
M(# @4B W-2 P(%(@-S@@,"!2(#@Q(# @4B X-2 P(%(@.#@@,"!272]087)E
M;G0@,30T(# @4B]4>7!E+U!A9V5S/CX-96YD;V)J#3$T." P(&]B:@T\/"]#
M;W5N=" Q,"]+:61S6SDQ(# @4B Y-" P(%(@.3<@,"!2(#$P," P(%(@,3 S
M(# @4B Q,#8@,"!2(#$P.2 P(%(@,3$R(# @4B Q,34@,"!2(#$Q." P(%)=
M+U!A<F5N=" Q-#0@,"!2+U1Y<&4O4&%G97,^/@UE;F1O8FH-,30Y(# @;V)J
M#3P\+T-O=6YT(#(O2VED<ULQ,C$@,"!2(#$R-" P(%)=+U!A<F5N=" Q-#0@
M,"!2+U1Y<&4O4&%G97,^/@UE;F1O8FH-,34P(# @;V)J#3P\+TQE;F=T:" S
M-#@W+U-U8G1Y<&4O6$U,+U1Y<&4O365T861A=&$^/G-T<F5A;0T*/#]X<&%C
M:V5T(&)E9VEN/2+ON[\B(&ED/2)7-4TP37!#96AI2'IR95-Z3E1C>FMC.60B
M/SX*/'@Z>&UP;65T82!X;6QN<SIX/2)A9&]B93IN<SIM971A+R(@>#IX;7!T
M:STB061O8F4@6$U0($-O<F4@-2XV+6,P,34@.#0N,34Y.#$P+" R,#$V+S Y
M+S$P+3 R.C0Q.C,P(" @(" @(" B/@H@(" \<F1F.E)$1B!X;6QN<SIR9&8]
M(FAT=' Z+R]W=W<N=S,N;W)G+S$Y.3DO,#(O,C(M<F1F+7-Y;G1A>"UN<R,B
M/@H@(" @(" \<F1F.D1E<V-R:7!T:6]N(')D9CIA8F]U=#TB(@H@(" @(" @
M(" @("!X;6QN<SIX;7 ](FAT=' Z+R]N<RYA9&]B92YC;VTO>&%P+S$N,"\B
M"B @(" @(" @(" @('AM;&YS.F1C/2)H='1P.B\O<'5R;"YO<F<O9&,O96QE
M;65N=',O,2XQ+R(*(" @(" @(" @(" @>&UL;G,Z<&1F/2)H='1P.B\O;G,N
M861O8F4N8V]M+W!D9B\Q+C,O(@H@(" @(" @(" @("!X;6QN<SIX;7!-33TB
M:'1T<#HO+VYS+F%D;V)E+F-O;2]X87 O,2XP+VUM+R(^"B @(" @(" @(#QX
M;7 Z0W)E871O<E1O;VP^4%-C<FEP=#4N9&QL(%9E<G-I;VX@-2XR+C(\+WAM
M<#I#<F5A=&]R5&]O;#X*(" @(" @(" @/'AM<#I-;V1I9GE$871E/C(P,3<M
M,3$M,#E4,#DZ-#,Z-3@M,#4Z,# \+WAM<#I-;V1I9GE$871E/@H@(" @(" @
M(" \>&UP.D-R96%T941A=&4^,C Q-RTQ,2TP.50P.3HS-SHU-2TP-3HP,#PO
M>&UP.D-R96%T941A=&4^"B @(" @(" @(#QX;7 Z365T861A=&%$871E/C(P
M,3<M,3$M,#E4,#DZ-#,Z-3@M,#4Z,# \+WAM<#I-971A9&%T841A=&4^"B @
M(" @(" @(#QD8SIF;W)M870^87!P;&EC871I;VXO<&1F/"]D8SIF;W)M870^
M"B @(" @(" @(#QD8SIT:71L93X*(" @(" @(" @(" @/')D9CI!;'0^"B @
M(" @(" @(" @(" @(#QR9&8Z;&D@>&UL.FQA;F<](G@M9&5F875L="(^36EC
M<F]S;V9T(%=O<F0@+2!F<G!H<V5P<3$W+F1O8SPO<F1F.FQI/@H@(" @(" @
M(" @(" \+W)D9CI!;'0^"B @(" @(" @(#PO9&,Z=&ET;&4^"B @(" @(" @
M(#QD8SIC<F5A=&]R/@H@(" @(" @(" @(" \<F1F.E-E<3X*(" @(" @(" @
M(" @(" @/')D9CIL:3YQ=VEL;&EA;7,\+W)D9CIL:3X*(" @(" @(" @(" @
M/"]R9&8Z4V5Q/@H@(" @(" @(" \+V1C.F-R96%T;W(^"B @(" @(" @(#QP
M9&8Z4')O9'5C97(^06-R;V)A="!$:7-T:6QL97(@."XQ+C @*%=I;F1O=W,I
M/"]P9&8Z4')O9'5C97(^"B @(" @(" @(#QX;7!-33I$;V-U;65N=$E$/G5U
M:60Z-&)A-S,U-3DM-F9A,2TT8S0S+6(R,3$M934Y,64Q96)B9CED/"]X;7!-
M33I$;V-U;65N=$E$/@H@(" @(" @(" \>&UP34TZ26YS=&%N8V5)1#YU=6ED
M.CDR,C,W960Q+69C.38M-&0T82TX.&5B+34W-38R8C R,64S,SPO>&UP34TZ
M26YS=&%N8V5)1#X*(" @(" @/"]R9&8Z1&5S8W)I<'1I;VX^"B @(#PO<F1F
M.E)$1CX*/"]X.GAM<&UE=&$^"B @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @( H@(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @"B @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" *(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" *(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @( H@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @( H@(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @"B @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" *(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" *(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @(" @(" @(" */#]X
M<&%C:V5T(&5N9#TB=R(_/@T*96YD<W1R96%M#65N9&]B:@TQ-3$@,"!O8FH-
M/#PO075T:&]R*'%W:6QL:6%M<RDO0W)E871I;VY$871E*$0Z,C Q-S$Q,#DP
M.3,W-34M,#4G,# G*2]#<F5A=&]R*%!38W)I<'0U+F1L;"!697)S:6]N(#4N
M,BXR*2]-;V1$871E*$0Z,C Q-S$Q,#DP.30S-3@M,#4G,# G*2]0<F]D=6-E
M<BA!8W)O8F%T($1I<W1I;&QE<B X+C$N,"!<*%=I;F1O=W-<*2DO5&ET;&4H
M36EC<F]S;V9T(%=O<F0@+2!F<G!H<V5P<3$W+F1O8RD^/@UE;F1O8FH->')E
M9@T*," Q-3(-"C P,# P,# P,# @-C4U,S4@9@T*,# P,# P.#8V-2 P,# P
M,"!N#0HP,# P,# X-SDS(# P,# P(&X-"C P,# P,#@Y,#,@,# P,# @;@T*
M,# P,# Q,#$X-" P,# P,"!N#0HP,# P,#$P,S$R(# P,# P(&X-"C P,# P
M,3 T,3 @,# P,# @;@T*,# P,# Q,SDU.2 P,# P,"!N#0HP,# P,#$T,#@W
M(# P,# P(&X-"C P,# P,30Q.3<@,# P,# @;@T*,# P,# Q-CDV-B P,# P
M,"!N#0HP,# P,#$W,#DW(# P,# P(&X-"C P,# P,3<R,#@@,# P,# @;@T*
M,# P,# R,# T-" P,# P,"!N#0HP,# P,#(P,3<U(# P,# P(&X-"C P,# P
M,C R.#8@,# P,# @;@T*,# P,# R,30U,R P,# P,"!N#0HP,# P,#(Q-3@T
M(# P,# P(&X-"C P,# P,C$V.34@,# P,# @;@T*,# P,# R-#(W,R P,# P
M,"!N#0HP,# P,#(T-# T(# P,# P(&X-"C P,# P,C0U,34@,# P,# @;@T*
M,# P,# R.#4X.2 P,# P,"!N#0HP,# P,#(X-S(P(# P,# P(&X-"C P,# P
M,C@X-#,@,# P,# @;@T*,# P,# S,S$Y," P,# P,"!N#0HP,# P,#,S,S(Q
M(# P,# P(&X-"C P,# P,S,T,C @,# P,# @;@T*,# P,# S-C<T-" P,# P
M,"!N#0HP,# P,#,V.#<U(# P,# P(&X-"C P,# P,S8Y.#8@,# P,# @;@T*
M,# P,# T,3(R." P,# P,"!N#0HP,# P,#0Q,S4Y(# P,# P(&X-"C P,# P
M-#$T-S @,# P,# @;@T*,# P,# T-38Q-B P,# P,"!N#0HP,# P,#0U-S0W
M(# P,# P(&X-"C P,# P-#4X-3@@,# P,# @;@T*,# P,# T.3DR-2 P,# P
M,"!N#0HP,# P,#4P,#4V(# P,# P(&X-"C P,# P-3 Q-C<@,# P,# @;@T*
M,# P,# U-#,Q-B P,# P,"!N#0HP,# P,#4T-#0W(# P,# P(&X-"C P,# P
M-30U.#,@,# P,# @;@T*,# P,# U.#<R,B P,# P,"!N#0HP,# P,#4X.3@S
M(# P,# P(&X-"C P,# P-3DR,SD@,# P,# @;@T*,# P,# U.3,W," P,# P
M,"!N#0HP,# P,#4Y-3 V(# P,# P(&X-"C P,# P-C,T,S @,# P,# @;@T*
M,# P,# V,S4V,2 P,# P,"!N#0HP,# P,#8S-C<R(# P,# P(&X-"C P,# P
M-C<U,C8@,# P,# @;@T*,# P,# V-S8U-R P,# P,"!N#0HP,# P,#8W-S8X
M(# P,# P(&X-"C P,# P-S(Q,30@,# P,# @;@T*,# P,# W,C(T-2 P,# P
M,"!N#0HP,# P,#<R,S4V(# P,# P(&X-"C P,# P-S8Y-C4@,# P,# @;@T*
M,# P,# W-S Y-B P,# P,"!N#0HP,# P,#<W,C W(# P,# P(&X-"C P,# P
M.#$U,38@,# P,# @;@T*,# P,# X,38T-R P,# P,"!N#0HP,# P,#@Q-S4X
M(# P,# P(&X-"C P,# P.#8R-#D@,# P,# @;@T*,# P,# X-C,X," P,# P
M,"!N#0HP,# P,#@V-#DQ(# P,# P(&X-"C P,# P.3 X.38@,# P,# @;@T*
M,# P,# Y,3 R-R P,# P,"!N#0HP,# P,#DQ,38T(# P,# P(&X-"C P,# P
M.30Y-34@,# P,# @;@T*,# P,# Y-3 X-B P,# P,"!N#0HP,# P,#DU,C(S
M(# P,# P(&X-"C P,# P.3DR,C @,# P,# @;@T*,# P,# Y.3,U,2 P,# P
M,"!N#0HP,# P,#DY-#@X(# P,# P(&X-"C P,# Q,#,Q,C,@,# P,# @;@T*
M,# P,#$P,S(U-" P,# P,"!N#0HP,# P,3 S,SDQ(# P,# P(&X-"C P,# Q
M,#<P-30@,# P,# @;@T*,# P,#$P-S$X-2 P,# P,"!N#0HP,# P,3 W,CDV
M(# P,# P(&X-"C P,# Q,3 X-3@@,# P,# @;@T*,# P,#$Q,#DX.2 P,# P
M,"!N#0HP,# P,3$Q,34S(# P,# P(&X-"C P,# Q,30V,3,@,# P,# @;@T*
M,# P,#$Q-S,P-B P,# P,"!N#0HP,# P,3$W-#,W(# P,# P(&X-"C P,# Q
M,3<U-S0@,# P,# @;@T*,# P,#$R,38S," P,# P,"!N#0HP,# P,3(Q-S8Q
M(# P,# P(&X-"C P,# Q,C$X.3@@,# P,# @;@T*,# P,#$R-3,Y.2 P,# P
M,"!N#0HP,# P,3(U-3,P(# P,# P(&X-"C P,# Q,C4V-#$@,# P,# @;@T*
M,# P,#$R.3<T,2 P,# P,"!N#0HP,# P,3(Y.#<R(# P,# P(&X-"C P,# Q
M,CDY.#,@,# P,# @;@T*,# P,#$S-#<X," P,# P,"!N#0HP,# P,3,T.3$Q
M(# P,# P(&X-"C P,# Q,S4P,C(@,# P,# @;@T*,# P,#$T,#<V,2 P,# P
M,"!N#0HP,# P,30P.#DU(# P,# P(&X-"C P,# Q-#$P,#<@,# P,# @;@T*
M,# P,#$T-C T-2 P,# P,"!N#0HP,# P,30V,3<Y(# P,# P(&X-"C P,# Q
M-#8R.3$@,# P,# @;@T*,# P,#$T.3(S,R P,# P,"!N#0HP,# P,30Y,S8W
M(# P,# P(&X-"C P,# Q-#DT-SD@,# P,# @;@T*,# P,#$U,3DR-R P,# P
M,"!N#0HP,# P,34R,#8Q(# P,# P(&X-"C P,# Q-3(Q-S,@,# P,# @;@T*
M,# P,#$U,S$S-R P,# P,"!N#0HP,# P,34S,C<Q(# P,# P(&X-"C P,# Q
M-3,S.#,@,# P,# @;@T*,# P,#$U-#,X.2 P,# P,"!N#0HP,# P,34T-3(S
M(# P,# P(&X-"C P,# Q-30V,S8@,# P,# @;@T*,# P,#$U-S4P." P,# P
M,"!N#0HP,# P,34W-C0R(# P,# P(&X-"C P,# Q-3<W-34@,# P,# @;@T*
M,# P,#$V,#4X-2 P,# P,"!N#0HP,# P,38P-S$Y(# P,# P(&X-"C P,# Q
M-C X,S(@,# P,# @;@T*,# P,#$V,S8U-R P,# P,"!N#0HP,# P,38S-SDQ
M(# P,# P(&X-"C P,# Q-C,Y,#,@,# P,# @;@T*,# P,#$V-34W," P,# P
M,"!N#0HP,# P,38U-S S(# P,# P(&X-"C P,# Q-C4Y,#@@,# P,# @;@T*
M,# P,#$W.3,Q,B P,# P,"!N#0HP,# P,3<Y-38Q(# P,# P(&X-"C P,# Q
M-SDX-#D@,# P,# @;@T*,# P,#$X,#(T,2 P,# P,"!N#0HP,# P,3@P-#$R
M(# P,# P(&X-"C P,# Q.# V,S4@,# P,# @;@T*,# P,#$X,#<X-B P,# P
M,"!N#0HP,# P,3@P.3DT(# P,# P(&X-"C P,# Q.#$R,C8@,# P,# @;@T*
M,# P,#$X,34Q-2 P,# P,"!N#0HP,# P,3@Q-C0Y(# P,# P(&X-"C P,# Q
M.#4T,S$@,# P,# @;@T*,# P,#$X-30V-R P,# P,"!N#0HP,# P,3@U-3 U
M(# P,# P(&X-"C P,# Q.#4U,S$@,# P,# @;@T*,# P,#$X-38Q.2 P,# P
M,"!N#0HP,# P,3@U-S4P(# P,# P(&X-"C P,# Q.#4X.#,@,# P,# @;@T*
M,# P,#$X-C Q-B P,# P,"!N#0HP,# P,3@V,34V(# P,# P(&X-"C P,# Q
M.#8R,S0@,# P,# @;@T*,# P,#$X.3@P," P,# P,"!N#0IT<F%I;&5R#0H\
M/"]3:7IE(#$U,B])1%L\-39!-T9%-T0R,C=!-#8W04-#-3 P-T8W.#4X.#4Y
M,S0^/$%"-3=$-#$P,44V,4,V-$5!0D1$0SE%,#(Q,#8X,S8P/ET^/@T*<W1A
4<G1X<F5F#0HQ,38-"B4E14]&#0H!

end
</PDF>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.INS
<SEQUENCE>8
<FILENAME>frph-20170930.xml
<DESCRIPTION>XBRL INSTANCE FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" ?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 4.20a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.co -->
    <!-- Field: Doc-Info; Name: Source; Value: frph10qsep17.xfr; Date: 2017%2D11%2D08T20:13:00Z -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x80060000 -->
<xbrli:xbrl xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:dei="http://xbrl.sec.gov/dei/2014-01-31" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:utr="http://www.xbrl.org/2009/utr" xmlns:us-gaap="http://fasb.org/us-gaap/2017-01-31" xmlns:us-roles="http://fasb.org/us-roles/2017-01-31" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:us-types="http://fasb.org/us-types/2017-01-31" xmlns:FRPH="http://frpholdings.com/20170930">
    <link:schemaRef xlink:href="frph-20170930.xsd" xlink:type="simple" />
    <xbrli:context id="From2017-01-01to2017-09-30">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-01-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-09-30">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-09-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-01-01to2017-09-30_us-gaap_MiningPropertiesAndMineralRightsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:MiningPropertiesAndMineralRightsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-01-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-09-30_us-gaap_MiningPropertiesAndMineralRightsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:MiningPropertiesAndMineralRightsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-09-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2016-12-31_us-gaap_MiningPropertiesAndMineralRightsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:MiningPropertiesAndMineralRightsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2016-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-09-30_us-gaap_CorporateMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:CorporateMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-09-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2016-12-31_us-gaap_CorporateMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:CorporateMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2016-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-09-30_custom_MiningTopCustomerMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis">FRPH:MiningTopCustomerMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-09-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-01-01to2017-09-30_custom_MiningTopCustomerMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis">FRPH:MiningTopCustomerMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-01-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-01-01to2016-09-30_us-gaap_MiningPropertiesAndMineralRightsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:MiningPropertiesAndMineralRightsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-01-01</xbrli:startDate>
        <xbrli:endDate>2016-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-01-01to2017-09-30_custom_RiverfrontIJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:RiverfrontIJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-01-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2016-09-30">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2016-09-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2016-12-31_custom_RiverfrontIJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:RiverfrontIJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2016-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2016-12-31_custom_BrooksvilleJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:BrooksvilleJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2016-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-09-30_custom_BrooksvilleJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:BrooksvilleJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-09-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-01-01to2017-09-30_custom_BrooksvilleJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:BrooksvilleJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-01-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-01-01to2017-09-30_custom_PatriotTransportationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis">FRPH:PatriotTransportationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-01-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-01-01to2017-09-30_custom_AssetManagement1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:AssetManagement1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-01-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-01-01to2016-09-30_custom_AssetManagement1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:AssetManagement1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-01-01</xbrli:startDate>
        <xbrli:endDate>2016-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-09-30_custom_AssetManagement1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:AssetManagement1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-09-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2016-12-31_custom_AssetManagement1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:AssetManagement1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2016-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-01-01to2017-09-30_custom_LandDevelopmentandConstructionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:LandDevelopmentandConstructionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-01-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-01-01to2016-09-30_custom_LandDevelopmentandConstructionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:LandDevelopmentandConstructionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-01-01</xbrli:startDate>
        <xbrli:endDate>2016-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-09-30_custom_LandDevelopmentandConstructionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:LandDevelopmentandConstructionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-09-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2016-12-31_custom_LandDevelopmentandConstructionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:LandDevelopmentandConstructionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2016-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-01-01to2017-09-30_custom_TotalSegmentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:TotalSegmentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-01-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-01-01to2016-09-30_custom_TotalSegmentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:TotalSegmentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-01-01</xbrli:startDate>
        <xbrli:endDate>2016-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-09-30_custom_BrooksvilleJointVentureMember16767455">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:BrooksvilleJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-09-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-09-30_custom_WellsFargoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:LineOfCreditFacilityAxis">FRPH:WellsFargoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-09-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-01-01to2017-09-30_custom_WellsFargoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:LineOfCreditFacilityAxis">FRPH:WellsFargoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-01-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-09-30_custom_FirstTennesseeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:LineOfCreditFacilityAxis">FRPH:FirstTennesseeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-09-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-01-01to2017-09-30_custom_FirstTennesseeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:LineOfCreditFacilityAxis">FRPH:FirstTennesseeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-01-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2015-01-30_custom_WellsFargoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:LineOfCreditFacilityAxis">FRPH:WellsFargoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2015-01-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-01-01to2017-09-30_custom_AssetManagementTopCustomerMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:ConcentrationRiskByTypeAxis">FRPH:AssetManagementTopCustomerMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-01-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-07-01to2016-09-30">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-07-01</xbrli:startDate>
        <xbrli:endDate>2016-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-07-01to2016-09-30_custom_AssetManagement1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:AssetManagement1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-07-01</xbrli:startDate>
        <xbrli:endDate>2016-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-07-01to2016-09-30_us-gaap_MiningPropertiesAndMineralRightsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:MiningPropertiesAndMineralRightsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-07-01</xbrli:startDate>
        <xbrli:endDate>2016-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-07-01to2016-09-30_custom_LandDevelopmentandConstructionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:LandDevelopmentandConstructionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-07-01</xbrli:startDate>
        <xbrli:endDate>2016-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-07-01to2016-09-30_custom_TotalSegmentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:TotalSegmentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-07-01</xbrli:startDate>
        <xbrli:endDate>2016-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-01-01to2016-09-30">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-01-01</xbrli:startDate>
        <xbrli:endDate>2016-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2016-06-30_custom_StJohnsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">FRPH:StJohnsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2016-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-01-01to2016-03-31_custom_StJohnsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">FRPH:StJohnsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-01-01</xbrli:startDate>
        <xbrli:endDate>2016-03-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-09-30_custom_BCFRPRealtyJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:BCFRPRealtyJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-09-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-01-01to2017-09-30_custom_BCFRPRealtyJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:BCFRPRealtyJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-01-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2016-12-31_custom_BCFRPRealtyJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:BCFRPRealtyJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2016-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-01-01to2016-09-30_custom_RiverfrontIJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:RiverfrontIJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-01-01</xbrli:startDate>
        <xbrli:endDate>2016-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2015-07-24_custom_FirstTennesseeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:LineOfCreditFacilityAxis">FRPH:FirstTennesseeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2015-07-24</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2014-08-08_custom_RiverfrontIJointVentureMember24571561">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:RiverfrontIJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2014-08-08</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2016-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2016-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2015-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2015-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-09-30_custom_JointVenturesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:JointVenturesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-09-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2016-12-31_custom_JointVenturesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:JointVenturesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2016-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-10-01to2016-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-10-01</xbrli:startDate>
        <xbrli:endDate>2016-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-10-01to2016-12-31_custom_BCFRPRealtyJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:BCFRPRealtyJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-10-01</xbrli:startDate>
        <xbrli:endDate>2016-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-10-01to2016-12-31_custom_BrooksvilleJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:BrooksvilleJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-10-01</xbrli:startDate>
        <xbrli:endDate>2016-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-10-01to2016-12-31_custom_RiverfrontIJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:RiverfrontIJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-10-01</xbrli:startDate>
        <xbrli:endDate>2016-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2015-10-01to2015-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2015-10-01</xbrli:startDate>
        <xbrli:endDate>2015-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-07-01to2017-09-30">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-07-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-07-01to2017-09-30_custom_AssetManagement1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:AssetManagement1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-07-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-07-01to2017-09-30_us-gaap_MiningPropertiesAndMineralRightsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">us-gaap:MiningPropertiesAndMineralRightsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-07-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-07-01to2017-09-30_custom_LandDevelopmentandConstructionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:LandDevelopmentandConstructionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-07-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-07-01to2017-09-30_custom_TotalSegmentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:TotalSegmentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-07-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-07-01to2017-09-30_custom_RiverfrontIJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:RiverfrontIJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-07-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-07-01to2016-09-30_custom_RiverfrontIJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:RiverfrontIJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-07-01</xbrli:startDate>
        <xbrli:endDate>2016-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-05-01to2016-05-31_custom_BCFRPRealtyJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:BCFRPRealtyJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-05-01</xbrli:startDate>
        <xbrli:endDate>2016-05-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2012-03-30_custom_RiverfrontIJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:RiverfrontIJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2012-03-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2013-06-01to2013-06-30_custom_RiverfrontIJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:RiverfrontIJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2013-06-01</xbrli:startDate>
        <xbrli:endDate>2013-06-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2013-06-01to2013-06-30_custom_MRPMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">FRPH:MRPMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2013-06-01</xbrli:startDate>
        <xbrli:endDate>2013-06-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2006-10-01to2006-12-31_custom_BrooksvilleJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:BrooksvilleJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2006-10-01</xbrli:startDate>
        <xbrli:endDate>2006-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2006-10-04_custom_BrooksvilleJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:BrooksvilleJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2006-10-04</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2006-10-04_custom_VulcanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">FRPH:VulcanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2006-10-04</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2006-10-01to2006-12-31_custom_VulcanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">FRPH:VulcanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2006-10-01</xbrli:startDate>
        <xbrli:endDate>2006-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-01-01to2016-03-31_custom_BCFRPRealtyJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:BCFRPRealtyJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-01-01</xbrli:startDate>
        <xbrli:endDate>2016-03-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2016-06-30_custom_BCFRPRealtyJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:BCFRPRealtyJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2016-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2013-06-30_custom_RiverfrontIJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:RiverfrontIJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2013-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-01-01to2017-09-30_custom_MRPMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">FRPH:MRPMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-01-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-07-01to2017-09-30_custom_RiverFrontMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:RiverFrontMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-07-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-07-01to2016-09-30_custom_RiverFrontMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:RiverFrontMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-07-01</xbrli:startDate>
        <xbrli:endDate>2016-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2016-01-01to2016-09-30_custom_RiverFrontMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:RiverFrontMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2016-01-01</xbrli:startDate>
        <xbrli:endDate>2016-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-01-01to2017-09-30_custom_RiverFrontMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:RiverFrontMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-01-01</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-09-30_custom_RiverFrontMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:RiverFrontMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-09-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-06-30_custom_RiverfrontIJointVentureMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:EquityInterestIssuedOrIssuableByTypeAxis">FRPH:RiverfrontIJointVentureMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-06-30_custom_RiverFrontMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:RiverFrontMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-09-30_us-gaap_ScenarioForecastMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:LongtermDebtTypeAxis">us-gaap:ScenarioForecastMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-09-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-09-29">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-09-29</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2016-12-31_custom_RiverFrontMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:RiverFrontMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2016-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2014-08-07_custom_Dock79ConstructionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:LongtermDebtTypeAxis">FRPH:Dock79ConstructionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2014-08-07</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2014-08-07_custom_Dock79EB5Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:LongtermDebtTypeAxis">FRPH:Dock79EB5Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2014-08-07</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-08-08to2022-08-07_custom_Dock79ConstructionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:LongtermDebtTypeAxis">FRPH:Dock79ConstructionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-08-08</xbrli:startDate>
        <xbrli:endDate>2022-08-07</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2014-08-07to2017-09-30_custom_Dock79EB5Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:LongtermDebtTypeAxis">FRPH:Dock79EB5Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2014-08-07</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2014-08-07to2017-09-30_custom_Dock79ConstructionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:LongtermDebtTypeAxis">FRPH:Dock79ConstructionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2014-08-07</xbrli:startDate>
        <xbrli:endDate>2017-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-06-30_custom_GainonRemeasurementMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000844059</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">FRPH:GainonRemeasurementMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-06-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:unit id="USD">
      <xbrli:measure>iso4217:USD</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Shares">
      <xbrli:measure>xbrli:shares</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="USDPShares">
      <xbrli:divide>
        <xbrli:unitNumerator>
          <xbrli:measure>iso4217:USD</xbrli:measure>
        </xbrli:unitNumerator>
        <xbrli:unitDenominator>
          <xbrli:measure>xbrli:shares</xbrli:measure>
        </xbrli:unitDenominator>
      </xbrli:divide>
    </xbrli:unit>
    <xbrli:unit id="Percent">
      <xbrli:measure>xbrli:pure</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Years">
      <xbrli:measure>FRPH:Years</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Acres">
      <xbrli:measure>utr:acre</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="SqFt">
      <xbrli:measure>utr:sqft</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Segments">
      <xbrli:measure>FRPH:Segments</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Number">
      <xbrli:measure>FRPH:integer</xbrli:measure>
    </xbrli:unit>
    <dei:EntityRegistrantName contextRef="From2017-01-01to2017-09-30">FRP HOLDINGS, INC.</dei:EntityRegistrantName>
    <dei:EntityCentralIndexKey contextRef="From2017-01-01to2017-09-30">0000844059</dei:EntityCentralIndexKey>
    <dei:DocumentType contextRef="From2017-01-01to2017-09-30">10-Q</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="From2017-01-01to2017-09-30">2017-09-30</dei:DocumentPeriodEndDate>
    <dei:AmendmentFlag contextRef="From2017-01-01to2017-09-30">false</dei:AmendmentFlag>
    <dei:CurrentFiscalYearEndDate contextRef="From2017-01-01to2017-09-30">--12-31</dei:CurrentFiscalYearEndDate>
    <dei:EntityWellKnownSeasonedIssuer contextRef="From2017-01-01to2017-09-30">No</dei:EntityWellKnownSeasonedIssuer>
    <dei:EntityVoluntaryFilers contextRef="From2017-01-01to2017-09-30">No</dei:EntityVoluntaryFilers>
    <dei:EntityCurrentReportingStatus contextRef="From2017-01-01to2017-09-30">No</dei:EntityCurrentReportingStatus>
    <dei:EntityFilerCategory contextRef="From2017-01-01to2017-09-30">Accelerated Filer</dei:EntityFilerCategory>
    <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">2630000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
    <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AsOf2016-09-30" unitRef="USD" decimals="-3">0</us-gaap:CashAndCashEquivalentsAtCarryingValue>
    <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">0</us-gaap:CashAndCashEquivalentsAtCarryingValue>
    <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AsOf2015-12-31" unitRef="USD" decimals="-3">0</us-gaap:CashAndCashEquivalentsAtCarryingValue>
    <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AsOf2017-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">2295000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
    <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">2295000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
    <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AsOf2017-06-30_custom_GainonRemeasurementMember" unitRef="USD" decimals="-3">0</us-gaap:CashAndCashEquivalentsAtCarryingValue>
    <us-gaap:AccountsReceivableNetCurrent contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">1033000</us-gaap:AccountsReceivableNetCurrent>
    <us-gaap:AccountsReceivableNetCurrent contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">710000</us-gaap:AccountsReceivableNetCurrent>
    <us-gaap:AccountsReceivableNetCurrent contextRef="AsOf2017-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">40000</us-gaap:AccountsReceivableNetCurrent>
    <us-gaap:AccountsReceivableNetCurrent contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">40000</us-gaap:AccountsReceivableNetCurrent>
    <us-gaap:AccountsReceivableNetCurrent contextRef="AsOf2017-06-30_custom_GainonRemeasurementMember" unitRef="USD" decimals="-3">0</us-gaap:AccountsReceivableNetCurrent>
    <us-gaap:DeferredRentReceivablesNet contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">4299000</us-gaap:DeferredRentReceivablesNet>
    <us-gaap:DeferredRentReceivablesNet contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">4562000</us-gaap:DeferredRentReceivablesNet>
    <us-gaap:Assets contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">416092000</us-gaap:Assets>
    <us-gaap:Assets contextRef="AsOf2017-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">38744000</us-gaap:Assets>
    <us-gaap:Assets contextRef="AsOf2016-12-31_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">39259000</us-gaap:Assets>
    <us-gaap:Assets contextRef="AsOf2017-09-30_us-gaap_CorporateMember" unitRef="USD" decimals="-3">3011000</us-gaap:Assets>
    <us-gaap:Assets contextRef="AsOf2016-12-31_us-gaap_CorporateMember" unitRef="USD" decimals="-3">439000</us-gaap:Assets>
    <us-gaap:Assets contextRef="AsOf2017-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">180827000</us-gaap:Assets>
    <us-gaap:Assets contextRef="AsOf2016-12-31_custom_AssetManagement1Member" unitRef="USD" decimals="-3">169736000</us-gaap:Assets>
    <us-gaap:Assets contextRef="AsOf2017-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">44162000</us-gaap:Assets>
    <us-gaap:Assets contextRef="AsOf2016-12-31_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">57126000</us-gaap:Assets>
    <us-gaap:Assets contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">266560000</us-gaap:Assets>
    <us-gaap:Assets contextRef="AsOf2017-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">146718000</us-gaap:Assets>
    <us-gaap:Assets contextRef="AsOf2017-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">91641000</us-gaap:Assets>
    <us-gaap:Assets contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">151837000</us-gaap:Assets>
    <us-gaap:Assets contextRef="AsOf2016-12-31_custom_RiverFrontMember" unitRef="USD" decimals="-3">0</us-gaap:Assets>
    <us-gaap:Assets contextRef="AsOf2017-06-30_custom_GainonRemeasurementMember" unitRef="USD" decimals="-3">60196000</us-gaap:Assets>
    <us-gaap:CommonStockValueOutstanding contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">1001000</us-gaap:CommonStockValueOutstanding>
    <us-gaap:CommonStockValueOutstanding contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">991000</us-gaap:CommonStockValueOutstanding>
    <us-gaap:AdditionalPaidInCapitalCommonStock contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">55341000</us-gaap:AdditionalPaidInCapitalCommonStock>
    <us-gaap:AdditionalPaidInCapitalCommonStock contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">52647000</us-gaap:AdditionalPaidInCapitalCommonStock>
    <us-gaap:RetainedEarningsUnappropriated contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">173652000</us-gaap:RetainedEarningsUnappropriated>
    <us-gaap:RetainedEarningsUnappropriated contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">145168000</us-gaap:RetainedEarningsUnappropriated>
    <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">14000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
    <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">14000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
    <us-gaap:StockholdersEquity contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">230008000</us-gaap:StockholdersEquity>
    <us-gaap:StockholdersEquity contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">198820000</us-gaap:StockholdersEquity>
    <us-gaap:LiabilitiesAndStockholdersEquity contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">416092000</us-gaap:LiabilitiesAndStockholdersEquity>
    <us-gaap:LiabilitiesAndStockholdersEquity contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">266560000</us-gaap:LiabilitiesAndStockholdersEquity>
    <us-gaap:LiabilitiesAndStockholdersEquity contextRef="AsOf2017-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">91641000</us-gaap:LiabilitiesAndStockholdersEquity>
    <us-gaap:LiabilitiesAndStockholdersEquity contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">151837000</us-gaap:LiabilitiesAndStockholdersEquity>
    <us-gaap:LiabilitiesAndStockholdersEquity contextRef="AsOf2017-06-30_custom_GainonRemeasurementMember" unitRef="USD" decimals="-3">60196000</us-gaap:LiabilitiesAndStockholdersEquity>
    <us-gaap:RevenueMineralSales contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">5311000</us-gaap:RevenueMineralSales>
    <us-gaap:RevenueMineralSales contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">2016000</us-gaap:RevenueMineralSales>
    <us-gaap:RevenueMineralSales contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">5805000</us-gaap:RevenueMineralSales>
    <us-gaap:RevenueMineralSales contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">1763000</us-gaap:RevenueMineralSales>
    <us-gaap:Revenues contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">30736000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2017-01-01to2017-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">5381000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2016-01-01to2016-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">5874000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2017-01-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">3086000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2017-01-01to2017-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">22057000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2016-01-01to2016-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">21824000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2017-01-01to2017-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">931000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2016-01-01to2016-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">936000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2017-01-01to2017-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">30736000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2016-01-01to2016-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">28634000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">9776000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2016-07-01to2016-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">7323000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2016-07-01to2016-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">2037000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2016-07-01to2016-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">416000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2016-07-01to2016-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">9776000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">28634000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2016-01-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">127000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">12054000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2017-07-01to2017-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">7578000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2017-07-01to2017-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">1786000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2017-07-01to2017-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">323000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2017-07-01to2017-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">12054000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2017-07-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2016-07-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">127000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2017-07-01to2017-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">2367000</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2016-07-01to2016-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">0</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2016-01-01to2016-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">0</us-gaap:Revenues>
    <us-gaap:Revenues contextRef="From2017-01-01to2017-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">2367000</us-gaap:Revenues>
    <us-gaap:OperatingIncomeLoss contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">10218000</us-gaap:OperatingIncomeLoss>
    <us-gaap:OperatingIncomeLoss contextRef="From2017-01-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">-427000</us-gaap:OperatingIncomeLoss>
    <us-gaap:OperatingIncomeLoss contextRef="From2017-01-01to2017-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">10218000</us-gaap:OperatingIncomeLoss>
    <us-gaap:OperatingIncomeLoss contextRef="From2016-01-01to2016-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">9783000</us-gaap:OperatingIncomeLoss>
    <us-gaap:OperatingIncomeLoss contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">4308000</us-gaap:OperatingIncomeLoss>
    <us-gaap:OperatingIncomeLoss contextRef="From2016-07-01to2016-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">4308000</us-gaap:OperatingIncomeLoss>
    <us-gaap:OperatingIncomeLoss contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">9783000</us-gaap:OperatingIncomeLoss>
    <us-gaap:OperatingIncomeLoss contextRef="From2016-01-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">-860000</us-gaap:OperatingIncomeLoss>
    <us-gaap:OperatingIncomeLoss contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">2828000</us-gaap:OperatingIncomeLoss>
    <us-gaap:OperatingIncomeLoss contextRef="From2017-07-01to2017-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">2828000</us-gaap:OperatingIncomeLoss>
    <us-gaap:OperatingIncomeLoss contextRef="From2017-07-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:OperatingIncomeLoss>
    <us-gaap:OperatingIncomeLoss contextRef="From2016-07-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">-547000</us-gaap:OperatingIncomeLoss>
    <us-gaap:IncomeLossFromEquityMethodInvestments contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">-1589000</us-gaap:IncomeLossFromEquityMethodInvestments>
    <us-gaap:IncomeLossFromEquityMethodInvestments contextRef="From2017-01-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">-1558000</us-gaap:IncomeLossFromEquityMethodInvestments>
    <us-gaap:IncomeLossFromEquityMethodInvestments contextRef="From2017-01-01to2017-09-30_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">-31000</us-gaap:IncomeLossFromEquityMethodInvestments>
    <us-gaap:IncomeLossFromEquityMethodInvestments contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">-652000</us-gaap:IncomeLossFromEquityMethodInvestments>
    <us-gaap:IncomeLossFromEquityMethodInvestments contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">-924000</us-gaap:IncomeLossFromEquityMethodInvestments>
    <us-gaap:IncomeLossFromEquityMethodInvestments contextRef="From2017-01-01to2017-09-30_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:IncomeLossFromEquityMethodInvestments>
    <us-gaap:IncomeLossFromEquityMethodInvestments contextRef="From2016-10-01to2016-12-31" unitRef="USD" decimals="-3">-1119000</us-gaap:IncomeLossFromEquityMethodInvestments>
    <us-gaap:IncomeLossFromEquityMethodInvestments contextRef="From2016-10-01to2016-12-31_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:IncomeLossFromEquityMethodInvestments>
    <us-gaap:IncomeLossFromEquityMethodInvestments contextRef="From2016-10-01to2016-12-31_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">-4000</us-gaap:IncomeLossFromEquityMethodInvestments>
    <us-gaap:IncomeLossFromEquityMethodInvestments contextRef="From2016-10-01to2016-12-31_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">-1115000</us-gaap:IncomeLossFromEquityMethodInvestments>
    <us-gaap:IncomeLossFromEquityMethodInvestments contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">-12000</us-gaap:IncomeLossFromEquityMethodInvestments>
    <us-gaap:InterestExpense contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">1870000</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2017-01-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">1592000</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2017-01-01to2017-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">993000</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2016-01-01to2016-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">1080000</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2017-01-01to2017-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">1870000</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2016-01-01to2016-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">1080000</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">273000</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2016-07-01to2016-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">273000</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2016-07-01to2016-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">273000</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">1080000</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2016-01-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">280000</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">1251000</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2017-07-01to2017-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">374000</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2017-07-01to2017-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">1251000</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2017-07-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2016-07-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">280000</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2017-07-01to2017-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">877000</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2016-07-01to2016-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">0</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2016-01-01to2016-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">0</us-gaap:InterestExpense>
    <us-gaap:InterestExpense contextRef="From2017-01-01to2017-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">877000</us-gaap:InterestExpense>
    <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">66955000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic>
    <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">3235000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic>
    <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">7523000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic>
    <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">61761000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic>
    <us-gaap:IncomeTaxExpenseBenefit contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">18615000</us-gaap:IncomeTaxExpenseBenefit>
    <us-gaap:IncomeTaxExpenseBenefit contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">1278000</us-gaap:IncomeTaxExpenseBenefit>
    <us-gaap:IncomeTaxExpenseBenefit contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">2972000</us-gaap:IncomeTaxExpenseBenefit>
    <us-gaap:IncomeTaxExpenseBenefit contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">16577000</us-gaap:IncomeTaxExpenseBenefit>
    <us-gaap:EarningsPerShareBasic contextRef="From2017-01-01to2017-09-30" unitRef="USDPShares" decimals="INF">2.86</us-gaap:EarningsPerShareBasic>
    <us-gaap:EarningsPerShareBasic contextRef="From2016-07-01to2016-09-30" unitRef="USDPShares" decimals="INF">.20</us-gaap:EarningsPerShareBasic>
    <us-gaap:EarningsPerShareBasic contextRef="From2016-01-01to2016-09-30" unitRef="USDPShares" decimals="INF">.46</us-gaap:EarningsPerShareBasic>
    <us-gaap:EarningsPerShareBasic contextRef="From2017-07-01to2017-09-30" unitRef="USDPShares" decimals="INF">2.54</us-gaap:EarningsPerShareBasic>
    <us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="From2017-01-01to2017-09-30" unitRef="Shares" decimals="INF">9967</us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
    <us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="From2016-07-01to2016-09-30" unitRef="Shares" decimals="INF">9865</us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
    <us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="From2016-01-01to2016-09-30" unitRef="Shares" decimals="INF">9860</us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
    <us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="From2017-07-01to2017-09-30" unitRef="Shares" decimals="INF">10004</us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
    <us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="From2017-01-01to2017-09-30" unitRef="Shares" decimals="INF">10035</us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
    <us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="From2016-07-01to2016-09-30" unitRef="Shares" decimals="INF">9908</us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
    <us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="From2016-01-01to2016-09-30" unitRef="Shares" decimals="INF">9902</us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
    <us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="From2017-07-01to2017-09-30" unitRef="Shares" decimals="INF">10066</us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
    <us-gaap:DepreciationDepletionAndAmortization contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">9228000</us-gaap:DepreciationDepletionAndAmortization>
    <us-gaap:DepreciationDepletionAndAmortization contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">6329000</us-gaap:DepreciationDepletionAndAmortization>
    <us-gaap:AllocatedShareBasedCompensationExpense contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">588000</us-gaap:AllocatedShareBasedCompensationExpense>
    <us-gaap:AllocatedShareBasedCompensationExpense contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">31000</us-gaap:AllocatedShareBasedCompensationExpense>
    <us-gaap:AllocatedShareBasedCompensationExpense contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">506000</us-gaap:AllocatedShareBasedCompensationExpense>
    <us-gaap:AllocatedShareBasedCompensationExpense contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">33000</us-gaap:AllocatedShareBasedCompensationExpense>
    <us-gaap:CommonStockParOrStatedValuePerShare contextRef="AsOf2017-09-30" unitRef="USDPShares" decimals="INF">0.10</us-gaap:CommonStockParOrStatedValuePerShare>
    <us-gaap:CommonStockParOrStatedValuePerShare contextRef="AsOf2016-12-31" unitRef="USDPShares" decimals="INF">0.10</us-gaap:CommonStockParOrStatedValuePerShare>
    <us-gaap:CommonStockSharesAuthorized contextRef="AsOf2017-09-30" unitRef="Shares" decimals="INF">25000000</us-gaap:CommonStockSharesAuthorized>
    <us-gaap:CommonStockSharesAuthorized contextRef="AsOf2016-12-31" unitRef="Shares" decimals="INF">25000000</us-gaap:CommonStockSharesAuthorized>
    <us-gaap:CommonStockSharesIssued contextRef="AsOf2017-09-30" unitRef="Shares" decimals="INF">10007167</us-gaap:CommonStockSharesIssued>
    <us-gaap:CommonStockSharesIssued contextRef="AsOf2016-12-31" unitRef="Shares" decimals="INF">9914054</us-gaap:CommonStockSharesIssued>
    <us-gaap:ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;Three Months ended&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="6" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;Nine Months ended&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="6" style="vertical-align: bottom; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 45%; layout-grid-mode: line"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;Stock option grants&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;33&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 9%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;31&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; border-top: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 12%; border-top: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;143&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; border-top: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;94&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;Annual director stock award&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;445&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;412&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;33&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;31&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;588&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;506&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock>
    <us-gaap:ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Number&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Average&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Average&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Average&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Of&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercise&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Remaining&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Grant Date&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Options&lt;/u&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Price&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Term (yrs)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Fair Value(000's)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Outstanding at&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;January 1, 2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;236,385&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;25.35&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6.1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,440&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Granted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,555&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;37.55&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;75&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Modification&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30.21&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(137&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Exercised&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(84,630&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;25.13&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(783&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Outstanding at&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;September 30, 2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;156,310&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;25.82&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5.5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,595&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercisable at&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;September 30, 2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;114,020&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;23.83&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4.7&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Vested during&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;nine months ended&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;September 30, 2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;26,839&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;223&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock>
    <us-gaap:LongTermDebt contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">30792000</us-gaap:LongTermDebt>
    <us-gaap:LongTermDebt contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">34080000</us-gaap:LongTermDebt>
    <us-gaap:LongTermDebt contextRef="AsOf2017-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">78587000</us-gaap:LongTermDebt>
    <us-gaap:LongTermDebt contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">78587000</us-gaap:LongTermDebt>
    <us-gaap:LongTermDebt contextRef="AsOf2017-06-30_custom_GainonRemeasurementMember" unitRef="USD" decimals="-3">0</us-gaap:LongTermDebt>
    <us-gaap:DebtLongtermAndShorttermCombinedAmount contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">115113000</us-gaap:DebtLongtermAndShorttermCombinedAmount>
    <us-gaap:DebtLongtermAndShorttermCombinedAmount contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">40745000</us-gaap:DebtLongtermAndShorttermCombinedAmount>
    <us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements contextRef="From2017-01-01to2017-09-30" unitRef="Shares" decimals="INF">68</us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements>
    <us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements contextRef="From2016-07-01to2016-09-30" unitRef="Shares" decimals="INF">43</us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements>
    <us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements contextRef="From2016-01-01to2016-09-30" unitRef="Shares" decimals="INF">42</us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements>
    <us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements contextRef="From2017-07-01to2017-09-30" unitRef="Shares" decimals="INF">62</us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross contextRef="From2017-01-01to2017-09-30" unitRef="Shares" decimals="INF">4555</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross>
    <us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised contextRef="From2017-01-01to2017-09-30" unitRef="Shares" decimals="INF">84630</us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice contextRef="AsOf2017-09-30" unitRef="USDPShares" decimals="INF">23.83</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice>
    <us-gaap:ShareBasedCompensation contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">143000</us-gaap:ShareBasedCompensation>
    <us-gaap:ShareBasedCompensation contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">31000</us-gaap:ShareBasedCompensation>
    <us-gaap:ShareBasedCompensation contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">94000</us-gaap:ShareBasedCompensation>
    <us-gaap:ShareBasedCompensation contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">33000</us-gaap:ShareBasedCompensation>
    <us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">445000</us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue>
    <us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">0</us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue>
    <us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">412000</us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue>
    <us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">0</us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2017-01-01to2017-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">124000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2016-01-01to2016-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">176000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2017-01-01to2017-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">1424000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2016-01-01to2016-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">1213000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2017-01-01to2017-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">935000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2016-01-01to2016-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">959000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2017-01-01to2017-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">2510000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2016-01-01to2016-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">2348000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2016-07-01to2016-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">339000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2016-07-01to2016-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">49000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2016-07-01to2016-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">268000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2016-07-01to2016-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">656000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2017-07-01to2017-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">350000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2017-07-01to2017-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">30000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2017-07-01to2017-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">210000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2017-07-01to2017-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">617000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2017-07-01to2017-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">27000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2016-07-01to2016-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">0</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2016-01-01to2016-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">0</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:OtherGeneralAndAdministrativeExpense contextRef="From2017-01-01to2017-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">27000</us-gaap:OtherGeneralAndAdministrativeExpense>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2017-01-01to2017-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">0</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2016-01-01to2016-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">205000</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2017-01-01to2017-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">6061000</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2016-01-01to2016-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">11510000</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2017-01-01to2017-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">6203000</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2016-01-01to2016-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">5300000</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2017-01-01to2017-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">12595000</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2016-01-01to2016-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">17015000</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2016-07-01to2016-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">10276000</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2016-07-01to2016-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">99000</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2016-07-01to2016-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">4210000</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2016-07-01to2016-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">14585000</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2017-07-01to2017-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">1273000</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2017-07-01to2017-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">0</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2017-07-01to2017-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">2852000</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2017-07-01to2017-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">4456000</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2017-07-01to2017-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">331000</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2016-07-01to2016-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">0</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2016-01-01to2016-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">0</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease contextRef="From2017-01-01to2017-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">331000</us-gaap:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease>
    <us-gaap:RealEstateTaxExpense contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">3592000</us-gaap:RealEstateTaxExpense>
    <us-gaap:RealEstateTaxExpense contextRef="From2017-01-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">459000</us-gaap:RealEstateTaxExpense>
    <us-gaap:RealEstateTaxExpense contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">1087000</us-gaap:RealEstateTaxExpense>
    <us-gaap:RealEstateTaxExpense contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">3357000</us-gaap:RealEstateTaxExpense>
    <us-gaap:RealEstateTaxExpense contextRef="From2016-01-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">41000</us-gaap:RealEstateTaxExpense>
    <us-gaap:RealEstateTaxExpense contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">1401000</us-gaap:RealEstateTaxExpense>
    <us-gaap:RealEstateTaxExpense contextRef="From2017-07-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:RealEstateTaxExpense>
    <us-gaap:RealEstateTaxExpense contextRef="From2016-07-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">41000</us-gaap:RealEstateTaxExpense>
    <FRPH:LineOfCreditFacilityAgreementTerm contextRef="AsOf2015-01-30_custom_WellsFargoMember" unitRef="Percent" decimals="INF">5</FRPH:LineOfCreditFacilityAgreementTerm>
    <FRPH:LineOfCreditFacilityAgreementTerm contextRef="AsOf2015-07-24_custom_FirstTennesseeMember" unitRef="Percent" decimals="INF">5</FRPH:LineOfCreditFacilityAgreementTerm>
    <FRPH:LineOfCreditFacilityAgreementTerm contextRef="AsOf2017-09-30_us-gaap_ScenarioForecastMember" unitRef="Percent" decimals="INF">10</FRPH:LineOfCreditFacilityAgreementTerm>
    <us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity contextRef="AsOf2015-01-30_custom_WellsFargoMember" unitRef="USD" decimals="-3">20000000</us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity>
    <us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity contextRef="AsOf2015-07-24_custom_FirstTennesseeMember" unitRef="USD" decimals="-3">20000000</us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity>
    <FRPH:LineOfCreditStandbyLettersOfCreditSublimit contextRef="AsOf2015-01-30_custom_WellsFargoMember" unitRef="USD" decimals="-3">10000000</FRPH:LineOfCreditStandbyLettersOfCreditSublimit>
    <us-gaap:LineOfCreditFacilityRemainingBorrowingCapacity contextRef="AsOf2017-09-30_custom_WellsFargoMember" unitRef="USD" decimals="-3">12047000</us-gaap:LineOfCreditFacilityRemainingBorrowingCapacity>
    <us-gaap:LineOfCreditFacilityRemainingBorrowingCapacity contextRef="AsOf2017-09-30_custom_FirstTennesseeMember" unitRef="USD" decimals="-3">19247000</us-gaap:LineOfCreditFacilityRemainingBorrowingCapacity>
    <us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="From2017-01-01to2017-09-30" unitRef="Shares" decimals="INF">22422</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
    <us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="From2016-07-01to2016-09-30" unitRef="Shares" decimals="INF">42040</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
    <us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="From2016-01-01to2016-09-30" unitRef="Shares" decimals="INF">72090</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
    <us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="From2017-07-01to2017-09-30" unitRef="Shares" decimals="INF">13610</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant contextRef="AsOf2017-09-30" unitRef="Shares" decimals="INF">569917</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant>
    <us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1 contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">2442000</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">3037000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue>
    <us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">343000</us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized>
    <FRPH:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2 contextRef="From2017-01-01to2017-09-30" unitRef="Years" decimals="INF">3.5</FRPH:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2>
    <FRPH:EmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">1474000</FRPH:EmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders>
    <us-gaap:EnvironmentalRemediationExpense contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">0</us-gaap:EnvironmentalRemediationExpense>
    <us-gaap:EnvironmentalRemediationExpense contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">0</us-gaap:EnvironmentalRemediationExpense>
    <us-gaap:EnvironmentalRemediationExpense contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">2000000</us-gaap:EnvironmentalRemediationExpense>
    <us-gaap:EnvironmentalRemediationExpense contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">0</us-gaap:EnvironmentalRemediationExpense>
    <us-gaap:AccountsReceivableNet contextRef="AsOf2017-09-30_custom_MiningTopCustomerMember" unitRef="USD" decimals="-3">107000</us-gaap:AccountsReceivableNet>
    <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">0</us-gaap:AssetsFairValueDisclosureRecurring>
    <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">0</us-gaap:LiabilitiesFairValueDisclosureRecurring>
    <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">0</us-gaap:AssetsFairValueDisclosureNonrecurring>
    <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">0</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
    <us-gaap:AreaOfLand contextRef="AsOf2017-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="Acres" decimals="INF">15000</us-gaap:AreaOfLand>
    <us-gaap:AreaOfLand contextRef="AsOf2017-09-30_custom_BrooksvilleJointVentureMember16767455" unitRef="Acres" decimals="INF">4280</us-gaap:AreaOfLand>
    <us-gaap:AreaOfLand contextRef="AsOf2012-03-30_custom_RiverfrontIJointVentureMember" unitRef="Acres" decimals="INF">5.82</us-gaap:AreaOfLand>
    <us-gaap:AreaOfLand contextRef="AsOf2006-10-04_custom_BrooksvilleJointVentureMember" unitRef="Acres" decimals="INF">4300</us-gaap:AreaOfLand>
    <us-gaap:CommitmentsAndContingencies contextRef="AsOf2017-09-30" unitRef="USD" xsi:nil="true" />
    <us-gaap:CommitmentsAndContingencies contextRef="AsOf2016-12-31" unitRef="USD" xsi:nil="true" />
    <us-gaap:ContributionOfProperty contextRef="From2016-01-01to2016-03-31_custom_StJohnsMember" unitRef="USD" decimals="-3">3240000</us-gaap:ContributionOfProperty>
    <us-gaap:ContributionOfProperty contextRef="From2013-06-01to2013-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">13500000</us-gaap:ContributionOfProperty>
    <us-gaap:ContributionOfProperty contextRef="From2016-01-01to2016-03-31_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">7500000</us-gaap:ContributionOfProperty>
    <dei:DocumentFiscalPeriodFocus contextRef="From2017-01-01to2017-09-30">Q3</dei:DocumentFiscalPeriodFocus>
    <us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="AsOf2016-12-31_custom_RiverfrontIJointVentureMember" unitRef="Percent" decimals="INF">.7714</us-gaap:EquityMethodInvestmentOwnershipPercentage>
    <us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="AsOf2016-12-31_custom_BrooksvilleJointVentureMember" unitRef="Percent" decimals="INF">0.50</us-gaap:EquityMethodInvestmentOwnershipPercentage>
    <us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="AsOf2017-09-30_custom_BrooksvilleJointVentureMember" unitRef="Percent" decimals="INF">0.50</us-gaap:EquityMethodInvestmentOwnershipPercentage>
    <us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="AsOf2017-09-30_custom_BCFRPRealtyJointVentureMember" unitRef="Percent" decimals="INF">.50</us-gaap:EquityMethodInvestmentOwnershipPercentage>
    <us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="AsOf2016-12-31_custom_BCFRPRealtyJointVentureMember" unitRef="Percent" decimals="INF">0.50</us-gaap:EquityMethodInvestmentOwnershipPercentage>
    <us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="AsOf2006-10-04_custom_BrooksvilleJointVentureMember" unitRef="Percent" decimals="INF">.50</us-gaap:EquityMethodInvestmentOwnershipPercentage>
    <us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="AsOf2013-06-30_custom_RiverfrontIJointVentureMember" unitRef="Percent" decimals="INF">.7714</us-gaap:EquityMethodInvestmentOwnershipPercentage>
    <us-gaap:EquityMethodInvestmentOwnershipPercentage contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="Percent" decimals="INF">.660</us-gaap:EquityMethodInvestmentOwnershipPercentage>
    <dei:EntityCommonStockSharesOutstanding contextRef="AsOf2017-09-30" unitRef="Shares" decimals="INF">10007167</dei:EntityCommonStockSharesOutstanding>
    <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">19620000</us-gaap:DeferredIncomeTaxExpenseBenefit>
    <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">-1551000</us-gaap:DeferredIncomeTaxExpenseBenefit>
    <us-gaap:GainLossOnSaleOfPropertyPlantEquipment contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">-12000</us-gaap:GainLossOnSaleOfPropertyPlantEquipment>
    <us-gaap:GainLossOnSaleOfPropertyPlantEquipment contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">-238000</us-gaap:GainLossOnSaleOfPropertyPlantEquipment>
    <us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">444000</us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities>
    <us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">5141000</us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities>
    <us-gaap:IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">-2739000</us-gaap:IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable>
    <us-gaap:IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">-1026000</us-gaap:IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable>
    <us-gaap:NetCashProvidedByUsedInOperatingActivities contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">15321000</us-gaap:NetCashProvidedByUsedInOperatingActivities>
    <us-gaap:NetCashProvidedByUsedInOperatingActivities contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">13662000</us-gaap:NetCashProvidedByUsedInOperatingActivities>
    <us-gaap:PaymentsToAcquireInterestInJointVenture contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">621000</us-gaap:PaymentsToAcquireInterestInJointVenture>
    <us-gaap:PaymentsToAcquireInterestInJointVenture contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">715000</us-gaap:PaymentsToAcquireInterestInJointVenture>
    <us-gaap:RepaymentsOfLongTermDebt contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">3367000</us-gaap:RepaymentsOfLongTermDebt>
    <us-gaap:RepaymentsOfLongTermDebt contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">3159000</us-gaap:RepaymentsOfLongTermDebt>
    <us-gaap:ProceedsFromLinesOfCredit contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">12845000</us-gaap:ProceedsFromLinesOfCredit>
    <us-gaap:ProceedsFromLinesOfCredit contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">18042000</us-gaap:ProceedsFromLinesOfCredit>
    <us-gaap:RepaymentsOfLinesOfCredit contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">13070000</us-gaap:RepaymentsOfLinesOfCredit>
    <us-gaap:RepaymentsOfLinesOfCredit contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">14163000</us-gaap:RepaymentsOfLinesOfCredit>
    <us-gaap:ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">2127000</us-gaap:ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions>
    <us-gaap:ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">272000</us-gaap:ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions>
    <us-gaap:NetCashProvidedByUsedInFinancingActivities contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">-1771000</us-gaap:NetCashProvidedByUsedInFinancingActivities>
    <us-gaap:NetCashProvidedByUsedInFinancingActivities contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">747000</us-gaap:NetCashProvidedByUsedInFinancingActivities>
    <us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">2630000</us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
    <us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">0</us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
    <us-gaap:IncreaseDecreaseInAccountsReceivable contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">283000</us-gaap:IncreaseDecreaseInAccountsReceivable>
    <us-gaap:IncreaseDecreaseInAccountsReceivable contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">418000</us-gaap:IncreaseDecreaseInAccountsReceivable>
    <us-gaap:ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;(2) Recently Issued Accounting Standards.&#13;&lt;/b&gt;In February 2016, the FASB issued ASU No. 2016-02, &amp;#8220;Leases&amp;#8221;, which requires lessees to recognize a right-to-use&#13;asset and a lease obligation for all leases. Lessees are permitted to make an accounting policy election to not recognize an asset&#13;and liability for leases with a term of twelve months or less. Additional qualitative and quantitative disclosures, including significant&#13;judgments made by management, will be required. Lessors will account for leases using an approach that is substantially equivalent&#13;to existing accounting standards. The new standard will become effective for the Company beginning with the first quarter 2019&#13;and requires a modified retrospective transition approach and includes a number of practical expedients. Early adoption of the&#13;standard is permitted. As the Company is primarily a lessor the adoption of this guidance is not expected to have a material impact&#13;on its financial statements.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In May 2014, the FASB issued ASU No. 2014-09,&#13;&amp;#8220;Revenue from Contracts with Customers&amp;#8221; which replaces existing revenue recognition standards and significantly expand&#13;the disclosure requirements for revenue arrangements. It may be adopted either retrospectively or on a modified retrospective basis&#13;to new contracts and existing contracts with remaining performance obligations as of the effective date. While lease contracts&#13;with customers, which constitute a vast majority of our revenues, are a specific scope exception, certain of our revenue streams&#13;may be impacted by the new guidance. The new standard is effective beginning with the first quarter of 2018. The Company currently&#13;does not expect the adoption of this guidance to result in a material impact on its financial statements.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;font style="font-size: 11pt"&gt;In March 2016,&#13;the FASB issued ASU No. 2016-09, &amp;#8220;Compensation&amp;#8212;Stock Compensation (Topic 718): Improvements to Employee Share-Based&#13;Payment Accounting&amp;#8221;. The ASU includes multiple provisions intended to simplify various aspects of the accounting for share-based&#13;payments. Excess tax benefits for share-based payments are recorded as a reduction of income taxes and reflected in operating cash&#13;flows upon the adoption of this ASU. Excess tax benefits were recorded in equity and as financing activity prior to adoption of&#13;this ASU. In addition, the guidance allows for a policy election to account for forfeitures as they occur rather than on an estimated&#13;basis. The Company adopted this guidance prospectively as of October 1, 2016. As a result of this adoption in the nine months of&#13;2017 we recorded a $14,000 reduction of income tax expense from excess tax benefits on stock option exercises&lt;/font&gt;.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In January 2017, the FASB issued ASU No. 2017-01,&#13;&amp;#8220;Business Combinations (Topic 805): Clarifying the Definition of a Business&amp;#8221;, to clarify the definition of a business&#13;with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions&#13;of assets or businesses. To be considered a business, an acquisition would have to include an input and a substantive process that&#13;together significantly contribute to the ability to create outputs. The new guidance provides a framework to evaluate when an input&#13;and a substantive process are present. To be a business without outputs, there will now need to be an organized workforce. ASU&#13;2017-01 further states that when substantially all of the fair value of gross assets acquired is concentrated in a single asset&#13;(or a group of similar assets), the assets acquired would not represent a business. The Company adopted this guidance prospectively&#13;as of July 1, 2017. The Company expects this standard to result in building acquisitions being considered an asset rather than&#13;a business. This change will result in acquisition costs being capitalized as part of the asset acquisition, whereas prior treatment&#13;has them recognized in earnings in the period incurred.&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock>
    <us-gaap:SegmentReportingDisclosureTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&lt;b&gt;(3) Business Segments.&lt;/b&gt; The&#13;Company is reporting its financial performance based on four reportable segments, Asset Management, Mining Royalty Lands, Land&#13;Development and Construction and RiverFront on the Anacostia, as described below.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;The Asset Management segment owns,&#13;leases and manages warehouse/office buildings located predominately in the Baltimore/Northern Virginia/Washington, DC market area.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;Our Mining Royalty Lands segment&#13;owns several properties comprising approximately 15,000 acres currently under lease for mining rents or royalties (this does not&#13;include the 4,280 acres owned in our Brooksville joint venture with Vulcan Materials).&amp;#160; Other than one location in Virginia,&#13;all of these properties are located in Florida and Georgia.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;Through our Land Development and&#13;Construction segment, we own and are continuously monitoring for their &amp;#8220;highest and best use&amp;#8221; several parcels of land&#13;that are in various stages of development.&amp;#160; Our overall strategy in this segment is to convert all of our non-income producing&#13;lands into income production through (i) an orderly process of constructing new buildings for us to own and operate or (ii) a sale&#13;to, or joint venture with, third parties.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;In July 2017, Phase I (Dock 79) of&#13;the development known as RiverFront on the Anacostia in Washington, D.C., a 300,000 square foot residential apartment building&#13;developed by a joint venture between the Company and MRP SE Waterfront Residential, LLC (&amp;#8220;MRP&amp;#8221;), reached stabilization,&#13;meaning 90% of the individual apartments have been leased and are occupied by third party tenants. Upon reaching stabilization,&#13;the Company has, for a period of one year, the exclusive right to (i) cause the joint venture to sell the property or (ii) cause&#13;the Company&amp;#8217;s and MRP&amp;#8217;s percentage interests in the joint venture to be adjusted so as to take into account the value&#13;of the development at the time of stabilization. The attainment of stabilization also resulted in a change of control for accounting&#13;purposes as the veto rights of the minority shareholder lapsed and the Company became the primary beneficiary. As such, beginning&#13;July 1, 2017, the Company consolidated the assets (at current fair value), liabilities and operating results of the joint venture&#13;as a new segment called RiverFront on the Anacostia.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;Operating results and certain other&#13;financial data for the Company&amp;#8217;s business segments are as follows (in thousands):&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Three Months ended&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Nine Months ended&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 47%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revenues:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 9%; layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Asset management&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,578&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,323&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;22,057&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;21,824&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Mining royalty lands&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,786&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,037&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,381&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,874&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Land development and construction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;323&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;416&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;931&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;936&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;RiverFront on the Anacostia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,367&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,367&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;12,054&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,776&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,736&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;28,634&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Operating profit:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Before corporate expenses:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;Asset management&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,336&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,245&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,071&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,986&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;Mining royalty lands&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,667&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,915&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,993&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,504&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;Land development and construction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(390&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(196&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,168&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(3,359&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;RiverFront on the Anacostia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,168&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,168&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Corporate expenses:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;Allocated to asset management&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(350&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(339&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,424&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,213&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;Allocated to mining royalty lands&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(30&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(49&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(124&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(176&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;Allocated to land development and construction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(210&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(268&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(935&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(959&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;Allocated to RiverFront on the Anacostia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(27&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(27&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(617&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(656&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(2,510&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(2,348&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,828&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,308&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,218&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,783&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Interest expense:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Asset management&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;374&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;273&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;993&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,080&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;RiverFront on the Anacostia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;877&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;877&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,251&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;273&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,870&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,080&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Depreciation, depletion and amortization:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Asset management&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,090&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,071&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,112&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,891&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Mining royalty lands&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;24&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;91&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;70&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Land development and construction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;98&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;65&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;263&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;194&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;RiverFront on the Anacostia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,564&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,564&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,769&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,160&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,030&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,155&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Capital expenditures:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Asset management&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,273&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,276&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,061&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;11,510&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Mining royalty lands&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;205&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Land development and construction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,852&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,210&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,203&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,300&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;RiverFront on the Anacostia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;331&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;331&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,456&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;14,585&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;12,595&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;17,015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Identifiable net assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 58%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 7%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 12%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 7%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 12%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Asset management&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;180,827&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;169,736&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Mining royalty lands&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;38,744&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;39,259&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Land development and construction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;44,162&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;57,126&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;RiverFront on the Anacostia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;146,718&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Cash items&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,630&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Unallocated corporate assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;439&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;416,092&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;266,560&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:SegmentReportingDisclosureTextBlock>
    <us-gaap:LongTermDebtTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&lt;b&gt;(5) Long-Term Debt. &lt;/b&gt;Long-term&#13;debt is summarized as follows (in thousands):&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 62%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revolving credit (uncollateralized)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 4%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 3%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,440&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 3%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 4%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 11%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,665&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5.6% to 7.9% mortgage notes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;due in installments through 2027&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,792&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;34,080&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;RiverFront construction loan&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;60,881&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;RiverFront EB5 secondary financing&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;17,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;115,113&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;40,745&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Less portion due within one year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,674&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,526&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;110,439&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;36,219&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;On January 30, 2015, the Company&#13;entered into a five year credit agreement with Wells Fargo with a maximum facility amount of $20 million (the &amp;#34;Credit Agreement&amp;#34;).&#13;The Credit Agreement provides a revolving credit facility (the &amp;#8220;Revolver&amp;#8221;) with a $10 million sublimit available for&#13;standby letters of credit. As of September 30, 2017, there was $5,687,000 outstanding on the revolver, $2,266,000 outstanding under&#13;letters of credit and $12,047,000 available for borrowing. The letters of credit were issued to guarantee certain obligations to&#13;state agencies related to real estate development. Most of the letters of credit are irrevocable for a period of one year and typically&#13;are automatically extended for additional one-year periods. The Revolver bears interest at a rate of 1.4% over the selected LIBOR,&#13;which may change quarterly based on the Company&amp;#8217;s ratio of Consolidated Total Debt to Consolidated Total Capital, as defined&#13;which excludes FRP RiverFront. A commitment fee of 0.15% per annum is payable quarterly on the unused portion of the commitment.&#13;The commitment fee may also change quarterly based upon the ratio described above. The credit agreement contains certain conditions&#13;and financial covenants, including a minimum $110 million tangible net worth. As of September 30, 2017, the tangible net worth&#13;covenant would have limited our ability to pay dividends or repurchase stock with borrowed funds to a maximum of $77.5 million&#13;combined. The Company was in compliance with all covenants as of September 30, 2017.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;On July 24, 2015 the Company closed&#13;on a five year, $20 million secured revolver with First Tennessee Bank with a twenty-four month window to convert up to the full&#13;amount of the facility into a ten year term loan. Interest accrues at 1.90% over one month LIBOR plus an annual commitment fee&#13;of 0.10%. As of September 30, 2017, there was $753,000 outstanding on the revolver and $19,247,000 available for borrowing. The&#13;Company expects to close on a second facility with First Tennessee Bank with a $20 million ten year term loan secured by to-be-determined&#13;collateral. The purpose of these loans is to facilitate growth through new construction in the Land Development and Construction&#13;segment and/or acquisition of existing, operating buildings to be added to the Asset Management segment.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;Effective July 1, 2017 the Company&#13;consolidated the assets (at current fair value), liabilities and operating results of our Riverfront Investment Partners I, LLC&#13;partnership (&amp;#8220;Dock 79&amp;#8221;) which was previously accounted for under the equity method. As such the full amount of our&#13;construction loan and secondary financing were recorded in the consolidated financial statements and described below. Both these&#13;financing sources are non-recourse to FRP.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;Effective August 7, 2014, the Dock&#13;79 obtained a commitment for a construction loan from a financial institution in the principal amount of $65,000,000 to fund certain&#13;development and construction costs of the Dock 79. The initial maturity date of the loan is the earlier of (i) August 7, 2018,&#13;or (ii) the date to which the loan is accelerated pursuant to certain terms as outlined in the agreement. Dock 79 has the option&#13;to extend the initial maturity date for one extension period of four years (Extension Term) upon the compliance with and satisfaction&#13;of certain conditions as defined in the agreement. The interest rate on the loan through the initial maturity date is based on&#13;the 2.35% over one month LIBOR and the interest rate during the Extension Term (if any) until the maturity date will be based on&#13;a fixed-interest rate swap or interest rate cap, as applicable, for the applicable LIBOR-based rate on the then applicable market&#13;terms. Accrued interest is payable in arrears on the first day of each calendar month and on the maturity date. The outstanding&#13;principal balance on all loans shall be due and payable in full on the maturity date. After maturity, accrued interest on all loans&#13;shall be payable on demand. The loan is secured by any real and personal property of Dock 79. The agreement contains certain conditions,&#13;affirmative financial covenants and negative covenants including the maintenance of a debt service ratio of not less than 1.25&#13;to 1.00 during the Extension Term.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;Effective August 7, 2014, Dock 79&#13;partnership member EB5 Capital-Jobs Fund 8, L.P. made an initial capital contribution of $17 million in cash into an escrow account&#13;with a financial institution all of which have been used for construction. Associated with the $17 million cash contribution, EB5&#13;is entitled to earn an investment return. The investment return requires the Dock 79 to pay interest monthly based on an annual&#13;rate of 4.95% for the first 5 years and 8% thereafter, on the balance remaining of the initial capital contributed. Dock 79 is&#13;required to repay or redeem EB5's membership interest for a purchase price equal to the sum of the balance of EB5's contribution&#13;account, plus any accrued by unpaid investment return sixty months after the initial capital contribution, unless extended for&#13;an additional twelve months in accordance with the agreement. Subsequent to the repayment of the investment return, EB5 will no&#13;longer be a partner in the Dock 79. Due to the mandatory redemption requirements associated with the EB5 financing arrangement,&#13;the related investment is classified as a liability on the balance sheets.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;During the three months ended September&#13;30, 2017 and September 30, 2016 the Company capitalized interest costs of $210,000 and $382,000, respectively. During the nine&#13;months ended September 30, 2017 and September 30, 2016 the Company capitalized interest costs of $812,000 and $864,000, respectively.&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:LongTermDebtTextBlock>
    <us-gaap:EarningsPerShareTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&lt;b&gt;(6) Earnings per Share. &lt;/b&gt;The&#13;following details the computations of the basic and diluted earnings per common share (in thousands, except per share amounts):&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Three Months ended&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Nine Months ended&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted average common shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;outstanding during the period&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;- shares used for basic&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 46%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;earnings per common share&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,004&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 11%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,865&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 12%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,967&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,860&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Common shares issuable under&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;share based payment plans&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;which are potentially dilutive&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;62&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;43&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;68&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;42&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Common shares used for diluted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;earnings per common share&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,066&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,908&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,035&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,902&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income attributable to the Company&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;25,391&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,957&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;28,547&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,551&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Basic earnings per common share:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Basic&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2.54&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.20&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2.86&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.46&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Diluted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.20&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2.84&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.46&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"&gt;For the three and nine months ended September&#13;30, 2017, 13,610 and 22,422 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings&#13;per share because their inclusion would have been anti-dilutive. For the three and nine months ended September 30, 2016, 42,040&#13;and 72,090 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because&#13;their inclusion would have been anti-dilutive.&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:EarningsPerShareTextBlock>
    <us-gaap:DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"&gt;&lt;b&gt;(7) Stock-Based Compensation Plans.&#13;&lt;/b&gt;The Company has two Stock Option Plans (the 2006 Stock Incentive Plan and the 2016 Equity Incentive Option Plan) under which&#13;options for shares of common stock were granted to directors, officers and key employees. The 2016 plan permits the grant of stock&#13;options, stock appreciation rights, restricted stock awards, restricted stock units, or stock awards. The options awarded under&#13;the plans have similar characteristics. All stock options are non-qualified and expire ten years from the date of grant. Stock&#13;based compensation awarded to directors, officers and employees are exercisable immediately or become exercisable in cumulative&#13;installments of 20% or 25% at the end of each year following the date of grant. When stock options are exercised the Company issues&#13;new shares after receipt of exercise proceeds and taxes due, if any, from the grantee. The number of common shares available for&#13;future issuance was 569,917 at September 30, 2017.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;The Company utilizes the Black-Scholes&#13;valuation model for estimating fair value of stock compensation for options awarded to officers and employees. Each grant is evaluated&#13;based upon assumptions at the time of grant. The assumptions were no dividend yield, expected volatility between 35% and 46%, risk-free&#13;interest rate of .3% to 4.2% and expected life of 3.0 to 7.0 years.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;The dividend yield of zero is based&#13;on the fact that the Company does not pay cash dividends and has no present intention to pay cash dividends. Expected volatility&#13;is estimated based on the Company&amp;#8217;s historical experience over a period equivalent to the expected life in years. The risk-free&#13;interest rate is based on the U.S. Treasury constant maturity interest rate at the date of grant with a term consistent with the&#13;expected life of the options granted. The expected life calculation is based on the observed and expected time to exercise options&#13;by the employees.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;As previously disclosed, Thompson&#13;S. Baker II resigned from his position as CEO and from the board of directors on March 13, 2017. In recognition of his outstanding&#13;service to the Company, the Board approved the vesting of all of Mr. Baker's outstanding FRP stock options, which expired 90 days&#13;following the termination of his employment. The vesting of Mr. Baker&amp;#8217;s outstanding FRP options that were issued prior to&#13;the spin-off required Patriot to record modification stock compensation expense of $150,000. FRP reimbursed Patriot for this cost&#13;under the transition services agreement. The vesting of Mr. Baker&amp;#8217;s outstanding FRP options that were issued subsequent to&#13;the spin-off required modified stock compensation expense of $41,000.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;The Company recorded the following&#13;stock compensation expense in its consolidated statements of income (in thousands):&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;Three Months ended&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="6" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;Nine Months ended&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="6" style="vertical-align: bottom; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 45%; layout-grid-mode: line"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;Stock option grants&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;33&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 9%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;31&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; border-top: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 12%; border-top: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;143&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; border-top: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;94&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;Annual director stock award&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;445&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;412&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;33&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;31&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;588&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;506&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;A summary of changes in outstanding&#13;options is presented below (in thousands, except share and per share amounts):&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Number&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Average&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Average&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Average&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Of&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercise&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Remaining&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Grant Date&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Options&lt;/u&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Price&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Term (yrs)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Fair Value(000's)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Outstanding at&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;January 1, 2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;236,385&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;25.35&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6.1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,440&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Granted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,555&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;37.55&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;75&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Modification&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30.21&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(137&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Exercised&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(84,630&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;25.13&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(783&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Outstanding at&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;September 30, 2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;156,310&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;25.82&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5.5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,595&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercisable at&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;September 30, 2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;114,020&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;23.83&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4.7&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Vested during&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;nine months ended&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;September 30, 2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;26,839&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;223&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 226px"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 7px"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 88px"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 8px"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 7px"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 17px"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 5px"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1px"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 88px"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 7px"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 7px"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 33px"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 149px"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 4px"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 4px"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;The aggregate intrinsic value of&#13;exercisable in-the-money options was $2,442,000 and the aggregate intrinsic value of outstanding in-the-money options was $3,037,000&#13;based on the market closing price of $45.25 on September 29, 2017 less exercise prices.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;The unrecognized compensation cost&#13;of options granted to FRP employees but not yet vested as of September 30, 2017 was $343,000, which is expected to be recognized&#13;over a weighted-average period of 3.5 years.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;Gains of $1,474,000 were realized&#13;by option holders during the nine months ended September 30, 2017. Patriot realized the tax benefits of $1,365,000 of these gains&#13;because these options were exercised by Patriot employees for options granted prior to the spin-off.&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock>
    <FRPH:ContingentLiabilitiesTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&lt;b&gt;(8) Contingent Liabilities.&lt;/b&gt;&#13;Certain of the Company&amp;#8217;s subsidiaries are involved in litigation on a number of matters and are subject to certain claims&#13;which arise in the normal course of business. The Company has retained certain self-insurance risks with respect to losses for&#13;third party liability and property damage. The liability at any point in time depends upon the relative ages and amounts of the&#13;individual open claims. In the opinion of management, none of these matters are expected to have a material adverse effect on the&#13;Company&amp;#8217;s consolidated financial condition, results of operations or cash flows.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;Preliminary testing on the site of&#13;the Company's four phase master development known as RiverFront on the Anacostia in Washington, D.C. indicated the presence of&#13;contaminated material that will have to be specially handled upon excavation in conjunction with construction. The Company agreed&#13;with our joint venture partner to bear the cost of handling the contaminated materials on the first phase of this development up&#13;to a cap of $1.871 million. &lt;font style="font-weight: normal"&gt;As of September 30, 2016, the excavation and foundation work for&#13;Phase 1 were substantially complete and the total remediation expense was $1.833 million. &lt;/font&gt;During the quarter ending December&#13;31, 2015, management successfully completed negotiations and entered into a $3,000,000 settlement of environmental claims on all&#13;four phases against our former tenant at the Riverfront on the Anacostia property and continues to pursue settlement negotiations&#13;with other potentially responsible parties. The Company executed a letter of intent with MRP Realty in May 2016 to develop Phase&#13;II of the Riverfront on the Anacostia project and recorded an estimated environmental remediation expense of $2.0 million for the&#13;Company&amp;#8217;s estimated liability under the proposed agreement. The Company has no obligation to remediate this contamination&#13;on Phases III and IV of the development until such time as it makes a commitment to commence construction on each phase. The Company's&#13;actual expense to address this issue may be materially higher or lower than the expense previously recorded depending upon the&#13;actual costs incurred.&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</FRPH:ContingentLiabilitiesTextBlock>
    <us-gaap:ConcentrationRiskDisclosureTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&lt;b&gt;(9) Concentrations&lt;/b&gt;.&amp;#160;&#13;One tenant accounts for 11% of the Company&amp;#8217;s consolidated revenues during the quarter ended September 30, 2017.&amp;#160; The&#13;mining royalty lands segment has a total of four tenants currently leasing mining locations and one lessee that accounted for 15.4%&#13;of the Company&amp;#8217;s consolidated revenues during the nine months ended September 30, 2017 and $106,769 of accounts receivable&#13;at September 30, 2017.&amp;#160; The termination of these lessees&amp;#8217; underlying leases could have a material adverse effect on&#13;the Company. The Company places its cash and cash equivalents with First Tennessee Bank.&amp;#160; At times, such amounts may exceed&#13;FDIC limits.&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:ConcentrationRiskDisclosureTextBlock>
    <us-gaap:FairValueDisclosuresTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&lt;b&gt;(10) Fair Value Measurements.&#13;&lt;/b&gt;Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction&#13;between market participants at the measurement date. The fair value hierarchy prioritizes the inputs to valuation techniques used&#13;to measure fair value into three broad levels. Level 1 means the use of quoted prices in active markets for identical assets or&#13;liabilities. Level 2 means the use of values that are derived principally from or corroborated by observable market data. Level&#13;3 means the use of inputs are those that are unobservable and significant to the overall fair value measurement.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;As of September 30, 2017 the Company&#13;had no assets or liabilities measured at fair value on a recurring or non-recurring basis. Footnote 12 describes a remeasurement&#13;to fair value of certain assets at July 1, 2017. At September 30, 2017 and 2016, the carrying amount reported in the consolidated&#13;balance sheets for cash and cash equivalents, short-term notes payable and revolving credit approximate their fair value based&#13;upon the short-term nature of these items.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;The fair values of the Company&amp;#8217;s&#13;other mortgage notes payable were estimated based on current rates available to the Company for debt of the same remaining maturities.&#13;At September 30, 2017, the carrying amount and fair value of such other long-term debt was $115,113,000 and $117,827,000, respectively.&#13;At December 31, 2016, the carrying amount and fair value of such other long-term debt was $40,745,000 and $43,747,000, respectively.&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:FairValueDisclosuresTextBlock>
    <us-gaap:EquityMethodInvestmentsDisclosureTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&lt;b&gt;(11) Investments in Joint Ventures&#13;(Equity Method). &lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;i&gt;Brooksville. &lt;/i&gt;In 2006, the Company entered&#13;into a Joint Venture Agreement with Vulcan Materials Company to jointly own and develop approximately 4,300 acres of land near&#13;Brooksville, Florida. Under the terms of the joint venture, FRP contributed its fee interest in approximately 3,443 acres formerly&#13;leased to Vulcan under a long-term mining lease which had a net book value of $2,548,000. Vulcan is entitled to mine a portion&#13;of the property until 2032 and pay royalties to the Company. FRP also contributed $3,018,000 for one-half of the acquisition costs&#13;of a 288-acre contiguous parcel. Vulcan contributed 553 acres that it owned as well as its leasehold interest in the 3,443 acres&#13;that it leased from FRP and $3,018,000 for one-half of the acquisition costs of the 288-acre contiguous parcel. The joint venture&#13;is jointly controlled by Vulcan and FRP. Distributions will be made on a 50-50 basis except for royalties and depletion specifically&#13;allocated to the Company. Other income for the nine months ended September 30, 2017 includes a loss of $31,000 representing the&#13;Company&amp;#8217;s portion of the loss of this joint venture.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;i&gt;BC FRP Realty (Windlass Run).&lt;/i&gt; During&#13;the quarter ending March 2016, we entered into an agreement with a Baltimore development company (St. John Properties, Inc.) to&#13;jointly develop the remaining lands of our Windlass Run Business Park. The 50/50 partnership initially calls for FRP to combine&#13;its 25 acres (valued at $7,500,000) with St. John Properties&amp;#8217; adjacent 10 acres fronting on a major state highway (valued&#13;at $3,239,536) which resulted in an initial cash distribution of $2,130,232 to FRP in May, 2016. Thereafter, the venture will jointly&#13;develop the combined properties into a multi-building business park to consist of approximately 329,000 square feet of single story&#13;office space.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Investments in Joint Ventures (in thousands):&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 32%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 9%; layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 12%; layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;The&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Company's&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total Assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net Loss&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Share of Net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;of the&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;of the&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Loss of the&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Ownership&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Partnership&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Partnership&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Partnership&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of September 30, 2017 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;RiverFront Holdings I, LLC (1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(2,019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(1,558&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Brooksville Quarry, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;7,487&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ 14,445&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(62&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(31&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;BC FRP Realty, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,858&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;12,298&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;Total&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ 13,345&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ 26,743&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;(2,081&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;(1,589&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of December 31, 2016 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;RiverFront Holdings I, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;77.14&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$10,151&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$90,420&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(1,446&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(1,115&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Brooksville Quarry, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,522&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;14,341&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(8&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;BC FRP Realty, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,228&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,784&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;Total&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;22,901&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ 115,545&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;(1,454&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;(1,119&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;&#13;&lt;td style="width: 0.25in"&gt;&lt;/td&gt;&lt;td style="width: 0.25in"&gt;(1)&lt;/td&gt;&lt;td style="text-align: justify"&gt;The Company consolidated this joint venture effective July 1, 2017 (see Footnote 12).&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;Balance Sheet at December 31, 2016 (in thousands):&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="15" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Riverfront&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Brooksville&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;BC FRP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Holdings I, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Quarry, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Realty, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 47%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Cash&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 3%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,023&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;18&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;21&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,062&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Cash held in escrow&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;88&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;88&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Investments in real estate, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;89,309&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;14,323&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,763&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;114,395&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Total Assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;90,420&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;14,341&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,784&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;115,545&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Other Liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,348&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;47&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,396&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Long-term Debt&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;69,042&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;69,042&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Capital &amp;#8211; FRP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,151&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,522&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,228&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;22,901&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Capital - Third Parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,879&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,818&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,509&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;17,206&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Total Liabilities and Capital&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;90,420&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;14,341&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,784&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;115,545&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;Income statements for the RiverFront Holdings I, LLC, prior to consolidation&#13;July 1, 2017 (in thousands):&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Three Months Ended&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Nine Months Ended&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Revenues:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 44%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Rental Revenue&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,053&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;127&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Revenue &amp;#8211; Reimbursements&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;127&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;33&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total Revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;127&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,086&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;127&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cost of operations:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Depreciation and amortization&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;228&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,958&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;325&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Operating expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;405&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,096&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;621&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Property taxes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;41&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;459&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;41&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total cost of operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;674&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,513&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;987&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total operating profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(547&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(427&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(860&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Interest expense&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(280&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,592&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(280&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net loss of the Partnership&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(827&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(2,019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,140&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The amount of consolidated accumulated deficit&#13;for these joint ventures&amp;#160;was $(2,633,000) and $(1,667,000) as of September 30, 2017 and December 31, 2016 respectively.&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:EquityMethodInvestmentsDisclosureTextBlock>
    <us-gaap:ScheduleOfSegmentReportingInformationBySegmentTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Three Months ended&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Nine Months ended&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 47%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revenues:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 9%; layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Asset management&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,578&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,323&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;22,057&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;21,824&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Mining royalty lands&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,786&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,037&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,381&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,874&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Land development and construction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;323&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;416&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;931&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;936&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;RiverFront on the Anacostia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,367&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,367&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;12,054&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,776&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,736&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;28,634&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Operating profit:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Before corporate expenses:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;Asset management&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,336&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,245&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,071&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,986&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;Mining royalty lands&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,667&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,915&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,993&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,504&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;Land development and construction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(390&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(196&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,168&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(3,359&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;RiverFront on the Anacostia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,168&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,168&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Corporate expenses:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;Allocated to asset management&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(350&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(339&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,424&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,213&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;Allocated to mining royalty lands&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(30&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(49&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(124&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(176&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;Allocated to land development and construction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(210&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(268&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(935&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(959&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;Allocated to RiverFront on the Anacostia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(27&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(27&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(617&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(656&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(2,510&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(2,348&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,828&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,308&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,218&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,783&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Interest expense:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Asset management&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;374&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;273&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;993&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,080&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;RiverFront on the Anacostia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;877&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;877&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,251&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;273&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,870&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,080&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Depreciation, depletion and amortization:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Asset management&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,090&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,071&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,112&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,891&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Mining royalty lands&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;24&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;91&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;70&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Land development and construction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;98&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;65&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;263&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;194&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;RiverFront on the Anacostia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,564&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,564&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,769&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,160&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,030&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,155&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Capital expenditures:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Asset management&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,273&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,276&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,061&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;11,510&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Mining royalty lands&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;205&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Land development and construction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,852&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,210&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,203&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,300&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;RiverFront on the Anacostia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;331&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;331&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,456&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;14,585&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;12,595&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;17,015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Identifiable net assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 58%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 7%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 12%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 7%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 12%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Asset management&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;180,827&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;169,736&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Mining royalty lands&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;38,744&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;39,259&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Land development and construction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;44,162&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;57,126&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;RiverFront on the Anacostia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;146,718&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Cash items&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,630&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Unallocated corporate assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;439&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;416,092&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;266,560&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:ScheduleOfSegmentReportingInformationBySegmentTextBlock>
    <us-gaap:ScheduleOfDebtInstrumentsTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 62%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revolving credit (uncollateralized)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 4%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 3%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,440&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 3%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 4%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 11%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,665&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5.6% to 7.9% mortgage notes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;due in installments through 2027&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,792&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;34,080&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;RiverFront construction loan&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;60,881&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;RiverFront EB5 secondary financing&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;17,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;115,113&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;40,745&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Less portion due within one year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,674&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,526&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;110,439&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;36,219&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:ScheduleOfDebtInstrumentsTextBlock>
    <us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Three Months ended&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Nine Months ended&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted average common shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;outstanding during the period&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;- shares used for basic&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 46%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;earnings per common share&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,004&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 11%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,865&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 12%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,967&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,860&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Common shares issuable under&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;share based payment plans&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;which are potentially dilutive&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;62&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;43&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;68&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;42&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Common shares used for diluted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;earnings per common share&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,066&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,908&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,035&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,902&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income attributable to the Company&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;25,391&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,957&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;28,547&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,551&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Basic earnings per common share:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Basic&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2.54&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.20&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2.86&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.46&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;Diluted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.20&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2.84&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.46&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock>
    <us-gaap:EquityMethodInvestmentsTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 32%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 9%; layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 12%; layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 13%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;The&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Company's&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total Assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net Loss&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Share of Net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;of the&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;of the&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Loss of the&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Ownership&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Partnership&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Partnership&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Partnership&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of September 30, 2017 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;RiverFront Holdings I, LLC (1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(2,019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(1,558&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Brooksville Quarry, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;7,487&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ 14,445&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(62&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(31&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;BC FRP Realty, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,858&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;12,298&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;Total&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ 13,345&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ 26,743&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;(2,081&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;(1,589&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of December 31, 2016 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;RiverFront Holdings I, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;77.14&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$10,151&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$90,420&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(1,446&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(1,115&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Brooksville Quarry, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,522&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;14,341&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(8&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;BC FRP Realty, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,228&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,784&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;Total&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;22,901&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ 115,545&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;(1,454&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;(1,119&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:EquityMethodInvestmentsTextBlock>
    <us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice contextRef="From2017-01-01to2017-09-30" unitRef="USDPShares" decimals="INF">37.55</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice>
    <us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice contextRef="From2017-01-01to2017-09-30" unitRef="USDPShares" decimals="INF">25.13</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice>
    <FRPH:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b contextRef="AsOf2017-09-30" unitRef="Years" decimals="INF">5.5</FRPH:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b>
    <FRPH:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b contextRef="AsOf2016-12-31" unitRef="Years" decimals="INF">6.1</FRPH:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b>
    <FRPH:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1 contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">75000</FRPH:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1>
    <FRPH:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">783000</FRPH:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue>
    <FRPH:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">1010000</FRPH:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue>
    <us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares contextRef="From2017-01-01to2017-09-30" unitRef="Shares" decimals="INF">26839</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares>
    <us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">223000</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1>
    <FRPH:EquityMethodInvestmentSummarizedFinancialInformationCash contextRef="AsOf2016-12-31_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">1023000</FRPH:EquityMethodInvestmentSummarizedFinancialInformationCash>
    <FRPH:EquityMethodInvestmentSummarizedFinancialInformationCash contextRef="AsOf2016-12-31_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">18000</FRPH:EquityMethodInvestmentSummarizedFinancialInformationCash>
    <FRPH:EquityMethodInvestmentSummarizedFinancialInformationCash contextRef="AsOf2016-12-31_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">21000</FRPH:EquityMethodInvestmentSummarizedFinancialInformationCash>
    <FRPH:EquityMethodInvestmentSummarizedFinancialInformationCash contextRef="AsOf2016-12-31_custom_JointVenturesMember" unitRef="USD" decimals="-3">1062000</FRPH:EquityMethodInvestmentSummarizedFinancialInformationCash>
    <FRPH:EquityMethodInvestmentSummarizedFinancialInformationEscrowCash contextRef="AsOf2016-12-31_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">88000</FRPH:EquityMethodInvestmentSummarizedFinancialInformationEscrowCash>
    <FRPH:EquityMethodInvestmentSummarizedFinancialInformationEscrowCash contextRef="AsOf2016-12-31_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">0</FRPH:EquityMethodInvestmentSummarizedFinancialInformationEscrowCash>
    <FRPH:EquityMethodInvestmentSummarizedFinancialInformationEscrowCash contextRef="AsOf2016-12-31_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">0</FRPH:EquityMethodInvestmentSummarizedFinancialInformationEscrowCash>
    <FRPH:EquityMethodInvestmentSummarizedFinancialInformationEscrowCash contextRef="AsOf2016-12-31_custom_JointVenturesMember" unitRef="USD" decimals="-3">88000</FRPH:EquityMethodInvestmentSummarizedFinancialInformationEscrowCash>
    <FRPH:EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet contextRef="AsOf2016-12-31_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">89309000</FRPH:EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet>
    <FRPH:EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet contextRef="AsOf2016-12-31_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">14323000</FRPH:EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet>
    <FRPH:EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet contextRef="AsOf2016-12-31_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">10763000</FRPH:EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet>
    <FRPH:EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet contextRef="AsOf2016-12-31_custom_JointVenturesMember" unitRef="USD" decimals="-3">114395000</FRPH:EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilities contextRef="AsOf2016-12-31_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">6348000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilities>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilities contextRef="AsOf2016-12-31_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">1000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilities>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilities contextRef="AsOf2016-12-31_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">47000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilities>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilities contextRef="AsOf2016-12-31_custom_JointVenturesMember" unitRef="USD" decimals="-3">6396000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilities>
    <FRPH:EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt contextRef="AsOf2016-12-31_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">69042000</FRPH:EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt>
    <FRPH:EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt contextRef="AsOf2016-12-31_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">0</FRPH:EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt>
    <FRPH:EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt contextRef="AsOf2016-12-31_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">0</FRPH:EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt>
    <FRPH:EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt contextRef="AsOf2016-12-31_custom_JointVenturesMember" unitRef="USD" decimals="-3">69042000</FRPH:EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest contextRef="AsOf2016-12-31_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">4879000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest contextRef="AsOf2016-12-31_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">6818000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest contextRef="AsOf2016-12-31_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">5509000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest contextRef="AsOf2016-12-31_custom_JointVenturesMember" unitRef="USD" decimals="-3">17206000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest contextRef="AsOf2017-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">4418000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">24887000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest contextRef="AsOf2017-06-30_custom_GainonRemeasurementMember" unitRef="USD" decimals="-3">20469000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity contextRef="AsOf2016-12-31_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">90420000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity contextRef="AsOf2016-12-31_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">14341000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity contextRef="AsOf2016-12-31_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">10784000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity contextRef="AsOf2016-12-31_custom_JointVenturesMember" unitRef="USD" decimals="-3">115545000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity>
    <us-gaap:NetRentableArea contextRef="AsOf2012-03-30_custom_RiverfrontIJointVentureMember" unitRef="SqFt" decimals="INF">18000</us-gaap:NetRentableArea>
    <us-gaap:PaymentsToAcquireEquityMethodInvestments contextRef="From2013-06-01to2013-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">4866000</us-gaap:PaymentsToAcquireEquityMethodInvestments>
    <FRPH:SecondaryFinancing contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">17000000</FRPH:SecondaryFinancing>
    <FRPH:SecondaryFinancing contextRef="AsOf2014-08-08_custom_RiverfrontIJointVentureMember24571561" unitRef="USD" decimals="-3">17000000</FRPH:SecondaryFinancing>
    <FRPH:SecondaryFinancing contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">0</FRPH:SecondaryFinancing>
    <FRPH:SecondaryFinancing contextRef="AsOf2014-08-07_custom_Dock79EB5Member" unitRef="USD" decimals="-3">17000000</FRPH:SecondaryFinancing>
    <us-gaap:ConstructionLoanNoncurrent contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">60881000</us-gaap:ConstructionLoanNoncurrent>
    <us-gaap:ConstructionLoanNoncurrent contextRef="AsOf2014-08-08_custom_RiverfrontIJointVentureMember24571561" unitRef="USD" decimals="-3">65000000</us-gaap:ConstructionLoanNoncurrent>
    <us-gaap:ConstructionLoanNoncurrent contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">0</us-gaap:ConstructionLoanNoncurrent>
    <us-gaap:ConstructionLoanNoncurrent contextRef="AsOf2014-08-07_custom_Dock79ConstructionMember" unitRef="USD" decimals="-3">65000000</us-gaap:ConstructionLoanNoncurrent>
    <us-gaap:RealEstateInvestmentPropertyAtCost contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">466397000</us-gaap:RealEstateInvestmentPropertyAtCost>
    <us-gaap:RealEstateInvestmentPropertyAtCost contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">306639000</us-gaap:RealEstateInvestmentPropertyAtCost>
    <us-gaap:PaymentsToAcquireLand contextRef="From2006-10-01to2006-12-31_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">3018000</us-gaap:PaymentsToAcquireLand>
    <us-gaap:PaymentsToAcquireLand contextRef="From2006-10-01to2006-12-31_custom_VulcanMember" unitRef="USD" decimals="-3">3018000</us-gaap:PaymentsToAcquireLand>
    <FRPH:AreaOfLandAcquired contextRef="AsOf2006-10-04_custom_BrooksvilleJointVentureMember" unitRef="Acres" decimals="INF">288</FRPH:AreaOfLandAcquired>
    <FRPH:AreaOfLandAcquired contextRef="AsOf2006-10-04_custom_VulcanMember" unitRef="Acres" decimals="INF">288</FRPH:AreaOfLandAcquired>
    <us-gaap:LineOfCredit contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">6440000</us-gaap:LineOfCredit>
    <us-gaap:LineOfCredit contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">6665000</us-gaap:LineOfCredit>
    <us-gaap:LineOfCreditFacilityFairValueOfAmountOutstanding contextRef="AsOf2017-09-30_custom_WellsFargoMember" unitRef="USD" decimals="-3">5687000</us-gaap:LineOfCreditFacilityFairValueOfAmountOutstanding>
    <us-gaap:LineOfCreditFacilityFairValueOfAmountOutstanding contextRef="AsOf2017-09-30_custom_FirstTennesseeMember" unitRef="USD" decimals="-3">753000</us-gaap:LineOfCreditFacilityFairValueOfAmountOutstanding>
    <us-gaap:DeferredCosts contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">10781000</us-gaap:DeferredCosts>
    <us-gaap:DeferredCosts contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">6786000</us-gaap:DeferredCosts>
    <us-gaap:Land contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">127744000</us-gaap:Land>
    <us-gaap:Land contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">99417000</us-gaap:Land>
    <us-gaap:Land contextRef="AsOf2017-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">7220000</us-gaap:Land>
    <us-gaap:Land contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">28327000</us-gaap:Land>
    <us-gaap:Land contextRef="AsOf2017-06-30_custom_GainonRemeasurementMember" unitRef="USD" decimals="-3">21107000</us-gaap:Land>
    <us-gaap:BuildingsAndImprovementsGross contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">332694000</us-gaap:BuildingsAndImprovementsGross>
    <us-gaap:BuildingsAndImprovementsGross contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">195443000</us-gaap:BuildingsAndImprovementsGross>
    <us-gaap:ConstructionInProgressGross contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">5959000</us-gaap:ConstructionInProgressGross>
    <us-gaap:ConstructionInProgressGross contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">11779000</us-gaap:ConstructionInProgressGross>
    <us-gaap:OtherAssets contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">181000</us-gaap:OtherAssets>
    <us-gaap:OtherAssets contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">178000</us-gaap:OtherAssets>
    <us-gaap:SecuredLongTermDebt contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">103999000</us-gaap:SecuredLongTermDebt>
    <us-gaap:SecuredLongTermDebt contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">29554000</us-gaap:SecuredLongTermDebt>
    <us-gaap:SecuredDebtCurrent contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">4674000</us-gaap:SecuredDebtCurrent>
    <us-gaap:SecuredDebtCurrent contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">4526000</us-gaap:SecuredDebtCurrent>
    <us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">4825000</us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent>
    <us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">3747000</us-gaap:AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent>
    <us-gaap:DeferredCompensationLiabilityCurrent contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">1485000</us-gaap:DeferredCompensationLiabilityCurrent>
    <us-gaap:DeferredCompensationLiabilityCurrent contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">1475000</us-gaap:DeferredCompensationLiabilityCurrent>
    <us-gaap:SecurityDepositLiability contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">940000</us-gaap:SecurityDepositLiability>
    <us-gaap:SecurityDepositLiability contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">1005000</us-gaap:SecurityDepositLiability>
    <us-gaap:Liabilities contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">161874000</us-gaap:Liabilities>
    <us-gaap:Liabilities contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">67740000</us-gaap:Liabilities>
    <FRPH:DeferredLeaseIntangibleNet contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">2000</FRPH:DeferredLeaseIntangibleNet>
    <FRPH:DeferredLeaseIntangibleNet contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">9000</FRPH:DeferredLeaseIntangibleNet>
    <us-gaap:TenantReimbursements contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">4182000</us-gaap:TenantReimbursements>
    <us-gaap:TenantReimbursements contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">1501000</us-gaap:TenantReimbursements>
    <us-gaap:TenantReimbursements contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">4399000</us-gaap:TenantReimbursements>
    <us-gaap:TenantReimbursements contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">1553000</us-gaap:TenantReimbursements>
    <us-gaap:OperatingLeasesIncomeStatementLeaseRevenue contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">21243000</us-gaap:OperatingLeasesIncomeStatementLeaseRevenue>
    <us-gaap:OperatingLeasesIncomeStatementLeaseRevenue contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">6259000</us-gaap:OperatingLeasesIncomeStatementLeaseRevenue>
    <us-gaap:OperatingLeasesIncomeStatementLeaseRevenue contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">18430000</us-gaap:OperatingLeasesIncomeStatementLeaseRevenue>
    <us-gaap:OperatingLeasesIncomeStatementLeaseRevenue contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">8738000</us-gaap:OperatingLeasesIncomeStatementLeaseRevenue>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">9030000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2017-01-01to2017-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">91000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2016-01-01to2016-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">70000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2017-01-01to2017-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">6112000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2016-01-01to2016-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">5891000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2017-01-01to2017-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">263000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2016-01-01to2016-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">194000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2017-01-01to2017-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">9030000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2016-01-01to2016-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">6155000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">2160000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2016-07-01to2016-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">2071000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2016-07-01to2016-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">24000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2016-07-01to2016-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">65000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2016-07-01to2016-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">2160000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">6155000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">4769000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2017-07-01to2017-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">2090000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2017-07-01to2017-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">17000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2017-07-01to2017-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">98000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2017-07-01to2017-09-30_custom_TotalSegmentsMember" unitRef="USD" decimals="-3">4769000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2017-07-01to2017-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">2564000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2016-07-01to2016-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">0</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2016-01-01to2016-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">0</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <FRPH:OperatingCostsDepreciationDepletionAmortization contextRef="From2017-01-01to2017-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">2564000</FRPH:OperatingCostsDepreciationDepletionAmortization>
    <us-gaap:OperatingExpenses contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">20518000</us-gaap:OperatingExpenses>
    <us-gaap:OperatingExpenses contextRef="From2017-01-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">3513000</us-gaap:OperatingExpenses>
    <us-gaap:OperatingExpenses contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">5468000</us-gaap:OperatingExpenses>
    <us-gaap:OperatingExpenses contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">18851000</us-gaap:OperatingExpenses>
    <us-gaap:OperatingExpenses contextRef="From2016-01-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">987000</us-gaap:OperatingExpenses>
    <us-gaap:OperatingExpenses contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">9226000</us-gaap:OperatingExpenses>
    <us-gaap:OperatingExpenses contextRef="From2017-07-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:OperatingExpenses>
    <us-gaap:OperatingExpenses contextRef="From2016-07-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">674000</us-gaap:OperatingExpenses>
    <us-gaap:ServiceManagementCosts contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">1504000</us-gaap:ServiceManagementCosts>
    <us-gaap:ServiceManagementCosts contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">419000</us-gaap:ServiceManagementCosts>
    <us-gaap:ServiceManagementCosts contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">1340000</us-gaap:ServiceManagementCosts>
    <us-gaap:ServiceManagementCosts contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">560000</us-gaap:ServiceManagementCosts>
    <us-gaap:CostOfServices contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">2510000</us-gaap:CostOfServices>
    <us-gaap:CostOfServices contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">656000</us-gaap:CostOfServices>
    <us-gaap:CostOfServices contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">2348000</us-gaap:CostOfServices>
    <us-gaap:CostOfServices contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">617000</us-gaap:CostOfServices>
    <us-gaap:OperatingCostsAndExpenses contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">3882000</us-gaap:OperatingCostsAndExpenses>
    <us-gaap:OperatingCostsAndExpenses contextRef="From2017-01-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">1096000</us-gaap:OperatingCostsAndExpenses>
    <us-gaap:OperatingCostsAndExpenses contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">1146000</us-gaap:OperatingCostsAndExpenses>
    <us-gaap:OperatingCostsAndExpenses contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">3651000</us-gaap:OperatingCostsAndExpenses>
    <us-gaap:OperatingCostsAndExpenses contextRef="From2016-01-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">621000</us-gaap:OperatingCostsAndExpenses>
    <us-gaap:OperatingCostsAndExpenses contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">1879000</us-gaap:OperatingCostsAndExpenses>
    <us-gaap:OperatingCostsAndExpenses contextRef="From2017-07-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:OperatingCostsAndExpenses>
    <us-gaap:OperatingCostsAndExpenses contextRef="From2016-07-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">405000</us-gaap:OperatingCostsAndExpenses>
    <us-gaap:InterestAndOtherIncome contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">0</us-gaap:InterestAndOtherIncome>
    <us-gaap:InterestAndOtherIncome contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">0</us-gaap:InterestAndOtherIncome>
    <us-gaap:InterestAndOtherIncome contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">1000</us-gaap:InterestAndOtherIncome>
    <us-gaap:InterestAndOtherIncome contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">0</us-gaap:InterestAndOtherIncome>
    <us-gaap:ProfitLoss contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">48340000</us-gaap:ProfitLoss>
    <us-gaap:ProfitLoss contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">1957000</us-gaap:ProfitLoss>
    <us-gaap:ProfitLoss contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">4551000</us-gaap:ProfitLoss>
    <us-gaap:ProfitLoss contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">45184000</us-gaap:ProfitLoss>
    <us-gaap:RelatedPartyTransactionsDisclosureTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&lt;b&gt;(4) Related Party Transactions.&#13;&lt;/b&gt;The Company is a party to a Transition Services Agreement which resulted from our January 30, 2015 spin-off of Patriot Transportation&#13;Holding, Inc. (Patriot). The Transition Services Agreement sets forth the terms on which Patriot will provide to FRP certain services&#13;that were shared prior to the Spin-off, including the services of certain shared executive officers. The boards of the respective&#13;companies amended and extended this agreement for one year effective April 1, 2017.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;The consolidated statements of income&#13;reflect charges and/or allocation from Patriot for these services of $352,000 and $362,000 for the three months ended September&#13;30, 2017 and 2016, and $1,229,000 and $1,156,000 for the nine months ended September 30, 2017 and 2016, respectively. Included&#13;in the charges above are amounts recognized for corporate executive stock-based compensation expense. These charges are reflected&#13;as part of corporate expenses.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"&gt;To determine these allocations between&#13;FRP and Patriot as set forth in the Transition Services Agreement, we generally employed the same methodology historically used&#13;by the Company pre Spin-off to allocate said expenses and thus we believe that the allocations to FRP are a reasonable approximation&#13;of the costs related to FRP&amp;#8217;s operations but any such related-party transactions cannot be presumed to be carried out on&#13;an arm&amp;#8217;s-length basis as the terms were negotiated while Patriot was still a subsidiary of FRP.&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:RelatedPartyTransactionsDisclosureTextBlock>
    <us-gaap:AccruedEnvironmentalLossContingenciesCurrent contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">2037000</us-gaap:AccruedEnvironmentalLossContingenciesCurrent>
    <us-gaap:AccruedEnvironmentalLossContingenciesCurrent contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">2037000</us-gaap:AccruedEnvironmentalLossContingenciesCurrent>
    <us-gaap:DeferredRevenue contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">1397000</us-gaap:DeferredRevenue>
    <us-gaap:DeferredRevenue contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">1126000</us-gaap:DeferredRevenue>
    <us-gaap:TaxesPayableCurrentAndNoncurrent contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">0</us-gaap:TaxesPayableCurrentAndNoncurrent>
    <us-gaap:TaxesPayableCurrentAndNoncurrent contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">887000</us-gaap:TaxesPayableCurrentAndNoncurrent>
    <us-gaap:DeferredTaxLiabilitiesNoncurrent contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">36075000</us-gaap:DeferredTaxLiabilitiesNoncurrent>
    <us-gaap:DeferredTaxLiabilitiesNoncurrent contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">16455000</us-gaap:DeferredTaxLiabilitiesNoncurrent>
    <us-gaap:IncreaseDecreaseInOtherNoncurrentLiabilities contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">-61000</us-gaap:IncreaseDecreaseInOtherNoncurrentLiabilities>
    <us-gaap:IncreaseDecreaseInOtherNoncurrentLiabilities contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">34000</us-gaap:IncreaseDecreaseInOtherNoncurrentLiabilities>
    <us-gaap:PaymentsToAcquirePropertyPlantAndEquipment contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">12595000</us-gaap:PaymentsToAcquirePropertyPlantAndEquipment>
    <us-gaap:PaymentsToAcquirePropertyPlantAndEquipment contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">17015000</us-gaap:PaymentsToAcquirePropertyPlantAndEquipment>
    <us-gaap:NetCashProvidedByUsedInInvestingActivities contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">-10920000</us-gaap:NetCashProvidedByUsedInInvestingActivities>
    <us-gaap:NetCashProvidedByUsedInInvestingActivities contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">-14409000</us-gaap:NetCashProvidedByUsedInInvestingActivities>
    <us-gaap:RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">1229000</us-gaap:RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty>
    <us-gaap:RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">362000</us-gaap:RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty>
    <us-gaap:RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">1156000</us-gaap:RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty>
    <us-gaap:RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">352000</us-gaap:RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty>
    <us-gaap:LongTermDebtNoncurrent contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">110439000</us-gaap:LongTermDebtNoncurrent>
    <us-gaap:LongTermDebtNoncurrent contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">36219000</us-gaap:LongTermDebtNoncurrent>
    <us-gaap:EarningsPerShareDiluted contextRef="From2017-01-01to2017-09-30" unitRef="USDPShares" decimals="INF">2.84</us-gaap:EarningsPerShareDiluted>
    <us-gaap:EarningsPerShareDiluted contextRef="From2016-07-01to2016-09-30" unitRef="USDPShares" decimals="INF">.20</us-gaap:EarningsPerShareDiluted>
    <us-gaap:EarningsPerShareDiluted contextRef="From2016-01-01to2016-09-30" unitRef="USDPShares" decimals="INF">.46</us-gaap:EarningsPerShareDiluted>
    <us-gaap:EarningsPerShareDiluted contextRef="From2017-07-01to2017-09-30" unitRef="USDPShares" decimals="INF">2.52</us-gaap:EarningsPerShareDiluted>
    <FRPH:CostofRemediation contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">1833000</FRPH:CostofRemediation>
    <FRPH:AreaofLandtoDevelop contextRef="AsOf2012-03-30_custom_RiverfrontIJointVentureMember" unitRef="Acres" decimals="INF">2.0</FRPH:AreaofLandtoDevelop>
    <us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">1221000</us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets>
    <us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">1066000</us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets>
    <us-gaap:AreaOfRealEstateProperty contextRef="AsOf2012-03-30_custom_RiverfrontIJointVentureMember" unitRef="SqFt" decimals="INF">300000</us-gaap:AreaOfRealEstateProperty>
    <us-gaap:AreaOfRealEstateProperty contextRef="AsOf2016-06-30_custom_BCFRPRealtyJointVentureMember" unitRef="SqFt" decimals="INF">329000</us-gaap:AreaOfRealEstateProperty>
    <us-gaap:AreaOfRealEstateProperty contextRef="AsOf2017-09-30_custom_RiverFrontMember" unitRef="SqFt" decimals="INF">300000</us-gaap:AreaOfRealEstateProperty>
    <us-gaap:AreaOfRealEstateProperty contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="SqFt" decimals="INF">300000</us-gaap:AreaOfRealEstateProperty>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AsOf2017-09-30" unitRef="Shares" decimals="INF">156310</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AsOf2016-12-31" unitRef="Shares" decimals="INF">236385</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AsOf2017-09-30" unitRef="USDPShares" decimals="INF">25.82</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AsOf2016-12-31" unitRef="USDPShares" decimals="INF">25.35</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
    <FRPH:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">1595000</FRPH:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue>
    <FRPH:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">2440000</FRPH:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber contextRef="AsOf2017-09-30" unitRef="Shares" decimals="INF">114020</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber>
    <FRPH:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm3 contextRef="AsOf2017-09-30" unitRef="Years" decimals="INF">4.7</FRPH:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm3>
    <FRPH:OperatingProfitBeforeCorporateExpenses contextRef="From2017-01-01to2017-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">4993000</FRPH:OperatingProfitBeforeCorporateExpenses>
    <FRPH:OperatingProfitBeforeCorporateExpenses contextRef="From2016-01-01to2016-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">5504000</FRPH:OperatingProfitBeforeCorporateExpenses>
    <FRPH:OperatingProfitBeforeCorporateExpenses contextRef="From2017-01-01to2017-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">10071000</FRPH:OperatingProfitBeforeCorporateExpenses>
    <FRPH:OperatingProfitBeforeCorporateExpenses contextRef="From2016-01-01to2016-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">9986000</FRPH:OperatingProfitBeforeCorporateExpenses>
    <FRPH:OperatingProfitBeforeCorporateExpenses contextRef="From2017-01-01to2017-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">-1168000</FRPH:OperatingProfitBeforeCorporateExpenses>
    <FRPH:OperatingProfitBeforeCorporateExpenses contextRef="From2016-01-01to2016-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">-3359000</FRPH:OperatingProfitBeforeCorporateExpenses>
    <FRPH:OperatingProfitBeforeCorporateExpenses contextRef="From2016-07-01to2016-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">3245000</FRPH:OperatingProfitBeforeCorporateExpenses>
    <FRPH:OperatingProfitBeforeCorporateExpenses contextRef="From2016-07-01to2016-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">1915000</FRPH:OperatingProfitBeforeCorporateExpenses>
    <FRPH:OperatingProfitBeforeCorporateExpenses contextRef="From2016-07-01to2016-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">-196000</FRPH:OperatingProfitBeforeCorporateExpenses>
    <FRPH:OperatingProfitBeforeCorporateExpenses contextRef="From2017-07-01to2017-09-30_custom_AssetManagement1Member" unitRef="USD" decimals="-3">3336000</FRPH:OperatingProfitBeforeCorporateExpenses>
    <FRPH:OperatingProfitBeforeCorporateExpenses contextRef="From2017-07-01to2017-09-30_us-gaap_MiningPropertiesAndMineralRightsMember" unitRef="USD" decimals="-3">1667000</FRPH:OperatingProfitBeforeCorporateExpenses>
    <FRPH:OperatingProfitBeforeCorporateExpenses contextRef="From2017-07-01to2017-09-30_custom_LandDevelopmentandConstructionMember" unitRef="USD" decimals="-3">-390000</FRPH:OperatingProfitBeforeCorporateExpenses>
    <FRPH:OperatingProfitBeforeCorporateExpenses contextRef="From2017-07-01to2017-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">-1168000</FRPH:OperatingProfitBeforeCorporateExpenses>
    <FRPH:OperatingProfitBeforeCorporateExpenses contextRef="From2016-07-01to2016-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">0</FRPH:OperatingProfitBeforeCorporateExpenses>
    <FRPH:OperatingProfitBeforeCorporateExpenses contextRef="From2016-01-01to2016-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">0</FRPH:OperatingProfitBeforeCorporateExpenses>
    <FRPH:OperatingProfitBeforeCorporateExpenses contextRef="From2017-01-01to2017-09-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">-1168000</FRPH:OperatingProfitBeforeCorporateExpenses>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets contextRef="AsOf2016-12-31_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">90420000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets contextRef="AsOf2016-12-31_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">14341000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets contextRef="AsOf2017-09-30_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">14445000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets contextRef="AsOf2017-09-30_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">12298000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets contextRef="AsOf2016-12-31_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">10784000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets contextRef="AsOf2017-09-30_custom_JointVenturesMember" unitRef="USD" decimals="-3">26743000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets contextRef="AsOf2016-12-31_custom_JointVenturesMember" unitRef="USD" decimals="-3">115545000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationAssets>
    <us-gaap:EquityMethodInvestments contextRef="AsOf2016-12-31_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">10151000</us-gaap:EquityMethodInvestments>
    <us-gaap:EquityMethodInvestments contextRef="AsOf2016-12-31_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">7522000</us-gaap:EquityMethodInvestments>
    <us-gaap:EquityMethodInvestments contextRef="AsOf2017-09-30_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">7487000</us-gaap:EquityMethodInvestments>
    <us-gaap:EquityMethodInvestments contextRef="AsOf2017-09-30_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">5858000</us-gaap:EquityMethodInvestments>
    <us-gaap:EquityMethodInvestments contextRef="AsOf2016-12-31_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">5228000</us-gaap:EquityMethodInvestments>
    <us-gaap:EquityMethodInvestments contextRef="AsOf2017-09-30_custom_JointVenturesMember" unitRef="USD" decimals="-3">13345000</us-gaap:EquityMethodInvestments>
    <us-gaap:EquityMethodInvestments contextRef="AsOf2016-12-31_custom_JointVenturesMember" unitRef="USD" decimals="-3">22901000</us-gaap:EquityMethodInvestments>
    <us-gaap:EquityMethodInvestments contextRef="AsOf2017-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">8583000</us-gaap:EquityMethodInvestments>
    <us-gaap:EquityMethodInvestments contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">48310000</us-gaap:EquityMethodInvestments>
    <us-gaap:EquityMethodInvestments contextRef="AsOf2017-06-30_custom_GainonRemeasurementMember" unitRef="USD" decimals="-3">39727000</us-gaap:EquityMethodInvestments>
    <us-gaap:NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">-2081000</us-gaap:NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent>
    <us-gaap:NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent contextRef="From2017-01-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">-2019000</us-gaap:NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent>
    <us-gaap:NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent contextRef="From2017-01-01to2017-09-30_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">-62000</us-gaap:NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent>
    <us-gaap:NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent contextRef="From2017-01-01to2017-09-30_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent>
    <us-gaap:NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent contextRef="From2016-10-01to2016-12-31" unitRef="USD" decimals="-3">-1454000</us-gaap:NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent>
    <us-gaap:NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent contextRef="From2016-10-01to2016-12-31_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent>
    <us-gaap:NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent contextRef="From2016-10-01to2016-12-31_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">-8000</us-gaap:NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent>
    <us-gaap:NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent contextRef="From2016-10-01to2016-12-31_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">-1446000</us-gaap:NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent>
    <us-gaap:NumberOfReportableSegments contextRef="From2017-01-01to2017-09-30" unitRef="Segments" decimals="INF">4</us-gaap:NumberOfReportableSegments>
    <us-gaap:DebtInstrumentUnusedBorrowingCapacityAmount contextRef="AsOf2017-09-30_us-gaap_ScenarioForecastMember" unitRef="USD" decimals="-3">20000000</us-gaap:DebtInstrumentUnusedBorrowingCapacityAmount>
    <us-gaap:LineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription contextRef="From2017-01-01to2017-09-30_custom_FirstTennesseeMember">24 month window to convert up to the full amount of the facility into a ten year term loan</us-gaap:LineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription>
    <us-gaap:InterestCostsCapitalized contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">812000</us-gaap:InterestCostsCapitalized>
    <us-gaap:InterestCostsCapitalized contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">382000</us-gaap:InterestCostsCapitalized>
    <us-gaap:InterestCostsCapitalized contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">864000</us-gaap:InterestCostsCapitalized>
    <us-gaap:InterestCostsCapitalized contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">210000</us-gaap:InterestCostsCapitalized>
    <us-gaap:ConcentrationRiskPercentage1 contextRef="From2017-01-01to2017-09-30_custom_MiningTopCustomerMember" unitRef="Percent" decimals="INF">.154</us-gaap:ConcentrationRiskPercentage1>
    <us-gaap:ConcentrationRiskPercentage1 contextRef="From2017-01-01to2017-09-30_custom_AssetManagementTopCustomerMember" unitRef="Percent" decimals="INF">.11</us-gaap:ConcentrationRiskPercentage1>
    <us-gaap:RetainedEarningsUndistributedEarningsFromEquityMethodInvestees contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">2633000</us-gaap:RetainedEarningsUndistributedEarningsFromEquityMethodInvestees>
    <us-gaap:RetainedEarningsUndistributedEarningsFromEquityMethodInvestees contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">1667000</us-gaap:RetainedEarningsUndistributedEarningsFromEquityMethodInvestees>
    <us-gaap:LossContingencyEstimateOfPossibleLoss contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">1871000</us-gaap:LossContingencyEstimateOfPossibleLoss>
    <us-gaap:LongTermDebtDescription contextRef="From2017-01-01to2017-09-30">5.6% to 7.9% mortgage notes due in installments through 2027</us-gaap:LongTermDebtDescription>
    <us-gaap:LongTermDebtDescription contextRef="From2016-10-01to2016-12-31">5.6% to 7.9% mortgage notes due in installments through 2027</us-gaap:LongTermDebtDescription>
    <us-gaap:ProceedsFromRepaymentsOfBankOverdrafts contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">-254000</us-gaap:ProceedsFromRepaymentsOfBankOverdrafts>
    <us-gaap:ProceedsFromRepaymentsOfBankOverdrafts contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">-63000</us-gaap:ProceedsFromRepaymentsOfBankOverdrafts>
    <us-gaap:BankOverdrafts contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">0</us-gaap:BankOverdrafts>
    <us-gaap:BankOverdrafts contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">254000</us-gaap:BankOverdrafts>
    <us-gaap:IncreaseDecreaseInRestrictedCash contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">15000</us-gaap:IncreaseDecreaseInRestrictedCash>
    <us-gaap:IncreaseDecreaseInRestrictedCash contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">-1174000</us-gaap:IncreaseDecreaseInRestrictedCash>
    <us-gaap:RealEstateInvestmentFinancialStatementsDisclosureTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="15" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Riverfront&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Brooksville&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;BC FRP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Holdings I, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Quarry, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Realty, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 47%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Cash&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 3%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,023&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;18&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;21&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,062&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Cash held in escrow&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;88&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;88&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Investments in real estate, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;89,309&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;14,323&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,763&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;114,395&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Total Assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;90,420&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;14,341&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,784&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;115,545&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Other Liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,348&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;47&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,396&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Long-term Debt&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;69,042&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;69,042&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Capital &amp;#8211; FRP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,151&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,522&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,228&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;22,901&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Capital - Third Parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,879&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,818&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,509&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;17,206&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Total Liabilities and Capital&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;90,420&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;14,341&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;10,784&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;115,545&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:RealEstateInvestmentFinancialStatementsDisclosureTextBlock>
    <FRPH:RiverfrontHoldingsIncomeStatements contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Three Months Ended&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Nine Months Ended&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;September 30,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Revenues:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 44%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Rental Revenue&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,053&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 2%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 10%; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;127&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Revenue &amp;#8211; Reimbursements&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;127&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;33&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total Revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;127&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,086&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;127&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cost of operations:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Depreciation and amortization&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;228&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,958&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;325&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Operating expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;405&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,096&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;621&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Property taxes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;41&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;459&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;41&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total cost of operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;674&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,513&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;987&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total operating profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(547&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(427&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(860&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Interest expense&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(280&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,592&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(280&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net loss of the Partnership&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(827&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(2,019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,140&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</FRPH:RiverfrontHoldingsIncomeStatements>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationRevenue contextRef="From2017-01-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">3053000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationRevenue>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationRevenue contextRef="From2016-01-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">127000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationRevenue>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationRevenue contextRef="From2017-07-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationRevenue>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationRevenue contextRef="From2016-07-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationRevenue>
    <us-gaap:DepreciationAndAmortization contextRef="From2017-01-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">1958000</us-gaap:DepreciationAndAmortization>
    <us-gaap:DepreciationAndAmortization contextRef="From2016-01-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">325000</us-gaap:DepreciationAndAmortization>
    <us-gaap:DepreciationAndAmortization contextRef="From2017-07-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:DepreciationAndAmortization>
    <us-gaap:DepreciationAndAmortization contextRef="From2016-07-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">228000</us-gaap:DepreciationAndAmortization>
    <us-gaap:SharePrice contextRef="AsOf2017-09-29" unitRef="USDPShares" decimals="INF">45.25</us-gaap:SharePrice>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum contextRef="From2017-01-01to2017-09-30" unitRef="Percent" decimals="INF">.35</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum contextRef="From2017-01-01to2017-09-30" unitRef="Percent" decimals="INF">.46</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum contextRef="From2017-01-01to2017-09-30" unitRef="Percent" decimals="INF">.003</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum contextRef="From2017-01-01to2017-09-30" unitRef="Percent" decimals="INF">.042</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum>
    <FRPH:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum contextRef="From2017-01-01to2017-09-30" unitRef="Years" decimals="INF">3.0</FRPH:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum>
    <FRPH:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum contextRef="From2017-01-01to2017-09-30" unitRef="Years" decimals="INF">7.0</FRPH:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum>
    <FRPH:NumberOfTenants contextRef="AsOf2017-09-30" unitRef="Number" decimals="INF">4</FRPH:NumberOfTenants>
    <us-gaap:DebtInstrumentCarryingAmount contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">115113000</us-gaap:DebtInstrumentCarryingAmount>
    <us-gaap:DebtInstrumentCarryingAmount contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">40745000</us-gaap:DebtInstrumentCarryingAmount>
    <us-gaap:LongTermDebtFairValue contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">117827000</us-gaap:LongTermDebtFairValue>
    <us-gaap:LongTermDebtFairValue contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">43747000</us-gaap:LongTermDebtFairValue>
    <us-gaap:LineOfCreditFacilityInterestRateDescription contextRef="From2017-01-01to2017-09-30_custom_WellsFargoMember">1.4%</us-gaap:LineOfCreditFacilityInterestRateDescription>
    <us-gaap:LineOfCreditFacilityInterestRateDescription contextRef="From2017-01-01to2017-09-30_custom_FirstTennesseeMember">1.9%</us-gaap:LineOfCreditFacilityInterestRateDescription>
    <us-gaap:LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage contextRef="From2017-01-01to2017-09-30_custom_WellsFargoMember" unitRef="Percent" decimals="INF">.0015</us-gaap:LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage>
    <us-gaap:LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage contextRef="From2017-01-01to2017-09-30_custom_FirstTennesseeMember" unitRef="Percent" decimals="INF">.0010</us-gaap:LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage>
    <us-gaap:LettersOfCreditOutstandingAmount contextRef="AsOf2017-09-30_custom_WellsFargoMember" unitRef="USD" decimals="-3">2266000</us-gaap:LettersOfCreditOutstandingAmount>
    <us-gaap:MinimumNetWorthRequiredForCompliance contextRef="AsOf2017-09-30_custom_WellsFargoMember" unitRef="USD" decimals="-3">110000000</us-gaap:MinimumNetWorthRequiredForCompliance>
    <us-gaap:AmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements contextRef="AsOf2017-09-30_custom_WellsFargoMember" unitRef="USD" decimals="-3">77500000</us-gaap:AmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements>
    <FRPH:StockOptionPlans contextRef="AsOf2017-09-30" unitRef="Percent" decimals="INF">2</FRPH:StockOptionPlans>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights contextRef="From2017-01-01to2017-09-30">Immediate or 20% or 25%</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate contextRef="From2017-01-01to2017-09-30" unitRef="Percent" decimals="INF">0</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate>
    <dei:DocumentFiscalYearFocus contextRef="From2017-01-01to2017-09-30">2017</dei:DocumentFiscalYearFocus>
    <us-gaap:IncomeTaxReceivable contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">1852000</us-gaap:IncomeTaxReceivable>
    <us-gaap:IncomeTaxReceivable contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">0</us-gaap:IncomeTaxReceivable>
    <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">74000</us-gaap:PaymentsForRepurchaseOfCommonStock>
    <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">43000</us-gaap:PaymentsForRepurchaseOfCommonStock>
    <FRPH:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsModificationsInPeriodWeightedAverageExercisePrice contextRef="From2017-01-01to2017-09-30" unitRef="USDPShares" decimals="INF">30.21</FRPH:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsModificationsInPeriodWeightedAverageExercisePrice>
    <FRPH:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">137000</FRPH:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue>
    <us-gaap:ReimbursementRevenue contextRef="From2017-01-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">33000</us-gaap:ReimbursementRevenue>
    <us-gaap:ReimbursementRevenue contextRef="From2016-01-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:ReimbursementRevenue>
    <us-gaap:ReimbursementRevenue contextRef="From2017-07-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:ReimbursementRevenue>
    <us-gaap:ReimbursementRevenue contextRef="From2016-07-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">127000</us-gaap:ReimbursementRevenue>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss contextRef="From2017-01-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">-2019000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss contextRef="From2016-01-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">-1140000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss contextRef="From2017-07-01to2017-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss>
    <us-gaap:EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss contextRef="From2016-07-01to2016-09-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">-827000</us-gaap:EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">41000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost contextRef="From2017-01-01to2017-09-30_custom_PatriotTransportationMember" unitRef="USD" decimals="-3">150000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost>
    <us-gaap:GainLossOnSaleOfProperties contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">0</us-gaap:GainLossOnSaleOfProperties>
    <us-gaap:GainLossOnSaleOfProperties contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">-148000</us-gaap:GainLossOnSaleOfProperties>
    <us-gaap:GainLossOnSaleOfProperties contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">-257000</us-gaap:GainLossOnSaleOfProperties>
    <us-gaap:GainLossOnSaleOfProperties contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">0</us-gaap:GainLossOnSaleOfProperties>
    <us-gaap:ExcessTaxBenefitFromShareBasedCompensationOperatingActivities contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">14000</us-gaap:ExcessTaxBenefitFromShareBasedCompensationOperatingActivities>
    <us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod contextRef="From2017-01-01to2017-09-30">P10Y</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod>
    <us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions contextRef="From2017-01-01to2017-09-30_custom_PatriotTransportationMember" unitRef="USD" decimals="-3">1365000</us-gaap:EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions>
    <us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">13345000</us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures>
    <us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">22901000</us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures>
    <us-gaap:RealEstateInvestmentPropertyAccumulatedDepreciation contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">91788000</us-gaap:RealEstateInvestmentPropertyAccumulatedDepreciation>
    <us-gaap:RealEstateInvestmentPropertyAccumulatedDepreciation contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">82392000</us-gaap:RealEstateInvestmentPropertyAccumulatedDepreciation>
    <us-gaap:RealEstateInvestments contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">395130000</us-gaap:RealEstateInvestments>
    <us-gaap:RealEstateInvestments contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">254324000</us-gaap:RealEstateInvestments>
    <us-gaap:RealEstateInvestmentPropertyNet contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">374609000</us-gaap:RealEstateInvestmentPropertyNet>
    <us-gaap:RealEstateInvestmentPropertyNet contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">224247000</us-gaap:RealEstateInvestmentPropertyNet>
    <us-gaap:RealEstateInvestmentsOther contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">7176000</us-gaap:RealEstateInvestmentsOther>
    <us-gaap:RealEstateInvestmentsOther contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">7176000</us-gaap:RealEstateInvestmentsOther>
    <us-gaap:EnvironmentalCostsRecognizedRecoveryCreditedToExpense contextRef="From2015-10-01to2015-12-31" unitRef="USD" decimals="-3">3000000</us-gaap:EnvironmentalCostsRecognizedRecoveryCreditedToExpense>
    <us-gaap:EquityMethodInvestmentDividendsOrDistributions contextRef="From2016-05-01to2016-05-31_custom_BCFRPRealtyJointVentureMember" unitRef="USD" decimals="-3">2130000</us-gaap:EquityMethodInvestmentDividendsOrDistributions>
    <FRPH:CapitalContribution contextRef="From2013-06-01to2013-06-30_custom_MRPMember" unitRef="USD" decimals="-3">5553000</FRPH:CapitalContribution>
    <FRPH:LeaseholdInterest contextRef="AsOf2006-10-04_custom_VulcanMember" unitRef="Acres" decimals="INF">3443</FRPH:LeaseholdInterest>
    <FRPH:ContributionofLand2 contextRef="From2013-06-01to2013-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">6165000</FRPH:ContributionofLand2>
    <FRPH:ContributionofLand2 contextRef="From2006-10-01to2006-12-31_custom_BrooksvilleJointVentureMember" unitRef="USD" decimals="-3">2548000</FRPH:ContributionofLand2>
    <FRPH:AreaofLandContributed contextRef="AsOf2016-06-30_custom_StJohnsMember" unitRef="Acres" decimals="INF">10</FRPH:AreaofLandContributed>
    <FRPH:AreaofLandContributed contextRef="AsOf2006-10-04_custom_BrooksvilleJointVentureMember" unitRef="Acres" decimals="INF">3443</FRPH:AreaofLandContributed>
    <FRPH:AreaofLandContributed contextRef="AsOf2006-10-04_custom_VulcanMember" unitRef="Acres" decimals="INF">553</FRPH:AreaofLandContributed>
    <FRPH:AreaofLandContributed contextRef="AsOf2016-06-30_custom_BCFRPRealtyJointVentureMember" unitRef="Acres" decimals="INF">25</FRPH:AreaofLandContributed>
    <us-gaap:EscrowDeposit contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">186000</us-gaap:EscrowDeposit>
    <us-gaap:EscrowDeposit contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">0</us-gaap:EscrowDeposit>
    <us-gaap:EscrowDeposit contextRef="AsOf2017-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">171000</us-gaap:EscrowDeposit>
    <us-gaap:EscrowDeposit contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">171000</us-gaap:EscrowDeposit>
    <us-gaap:EscrowDeposit contextRef="AsOf2017-06-30_custom_GainonRemeasurementMember" unitRef="USD" decimals="-3">0</us-gaap:EscrowDeposit>
    <us-gaap:PartnersCapitalAttributableToNoncontrollingInterest contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">24210000</us-gaap:PartnersCapitalAttributableToNoncontrollingInterest>
    <us-gaap:PartnersCapitalAttributableToNoncontrollingInterest contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">0</us-gaap:PartnersCapitalAttributableToNoncontrollingInterest>
    <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AsOf2017-09-30" unitRef="USD" decimals="-3">254218000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
    <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AsOf2016-12-31" unitRef="USD" decimals="-3">198820000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
    <us-gaap:BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">60196000</us-gaap:BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain>
    <us-gaap:BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">0</us-gaap:BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain>
    <us-gaap:BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">0</us-gaap:BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain>
    <us-gaap:BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">60196000</us-gaap:BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain>
    <us-gaap:BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain contextRef="From2017-01-01to2017-09-30_custom_MRPMember" unitRef="USD" decimals="-3">20469000</us-gaap:BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain>
    <us-gaap:IncomeLossAttributableToNoncontrollingInterest contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">19793000</us-gaap:IncomeLossAttributableToNoncontrollingInterest>
    <us-gaap:IncomeLossAttributableToNoncontrollingInterest contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">0</us-gaap:IncomeLossAttributableToNoncontrollingInterest>
    <us-gaap:IncomeLossAttributableToNoncontrollingInterest contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">0</us-gaap:IncomeLossAttributableToNoncontrollingInterest>
    <us-gaap:IncomeLossAttributableToNoncontrollingInterest contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">19793000</us-gaap:IncomeLossAttributableToNoncontrollingInterest>
    <us-gaap:NetIncomeLoss contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">28547000</us-gaap:NetIncomeLoss>
    <us-gaap:NetIncomeLoss contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">1957000</us-gaap:NetIncomeLoss>
    <us-gaap:NetIncomeLoss contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">4551000</us-gaap:NetIncomeLoss>
    <us-gaap:NetIncomeLoss contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">25391000</us-gaap:NetIncomeLoss>
    <us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">48340000</us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest>
    <us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">1957000</us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest>
    <us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">4551000</us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest>
    <us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">45184000</us-gaap:ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest>
    <us-gaap:ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">19793000</us-gaap:ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest>
    <us-gaap:ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">0</us-gaap:ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest>
    <us-gaap:ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">0</us-gaap:ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest>
    <us-gaap:ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">19793000</us-gaap:ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest>
    <us-gaap:ComprehensiveIncomeNetOfTax contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">28547000</us-gaap:ComprehensiveIncomeNetOfTax>
    <us-gaap:ComprehensiveIncomeNetOfTax contextRef="From2016-07-01to2016-09-30" unitRef="USD" decimals="-3">1957000</us-gaap:ComprehensiveIncomeNetOfTax>
    <us-gaap:ComprehensiveIncomeNetOfTax contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">4551000</us-gaap:ComprehensiveIncomeNetOfTax>
    <us-gaap:ComprehensiveIncomeNetOfTax contextRef="From2017-07-01to2017-09-30" unitRef="USD" decimals="-3">25391000</us-gaap:ComprehensiveIncomeNetOfTax>
    <us-gaap:PaymentsForProceedsFromProductiveAssets contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">16000</us-gaap:PaymentsForProceedsFromProductiveAssets>
    <us-gaap:PaymentsForProceedsFromProductiveAssets contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">2147000</us-gaap:PaymentsForProceedsFromProductiveAssets>
    <us-gaap:ProceedsFromIssuanceOfLongTermDebt contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">43000</us-gaap:ProceedsFromIssuanceOfLongTermDebt>
    <us-gaap:ProceedsFromIssuanceOfLongTermDebt contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">0</us-gaap:ProceedsFromIssuanceOfLongTermDebt>
    <us-gaap:PaymentsOfDebtIssuanceCosts contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">21000</us-gaap:PaymentsOfDebtIssuanceCosts>
    <us-gaap:PaymentsOfDebtIssuanceCosts contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">139000</us-gaap:PaymentsOfDebtIssuanceCosts>
    <us-gaap:BusinessDescriptionAndBasisOfPresentationTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;(1) Description of Business and Basis of&#13;Presentation. &lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;FRP Holdings, Inc. (&amp;#8220;FRP&amp;#8221; or the&#13;&amp;#8220;Company&amp;#8221;) is a holding company engaged in the real estate business, namely (i) warehouse/office/residential building&#13;ownership, leasing and management, (ii) mining royalty land ownership and leasing and (iii) land acquisition, entitlement and development&#13;primarily for future warehouse/office or residential building construction.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The accompanying consolidated financial statements&#13;include the accounts of FRP Holdings, Inc. (the &amp;#8220;Company&amp;#8221; or &amp;#8220;FRP&amp;#8221;) inclusive of our operating real estate&#13;subsidiaries, FRP Development Corp. (&amp;#8220;Development&amp;#8221;) and Florida Rock Properties, Inc. (&amp;#8221;Properties&amp;#8221;). Our&#13;investment in the Brooksville joint venture and BC FRP Realty joint venture are accounted for under the equity method of accounting&#13;(See Note 11).&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Effective July 1, 2017 the Company consolidated&#13;the assets (at fair value), liabilities and operating results of our Riverfront Investment Partners I, LLC partnership (&amp;#8220;Dock&#13;79&amp;#8221;) which was previously accounted for under the equity method. The ownership of Dock 79 attributable to our partner MRP&#13;Realty is reflected on our consolidated balance sheet as a noncontrolling interest. Such noncontrolling interests are reported&#13;on the Consolidated Balance Sheets within equity but separately from shareholders' equity. On the Consolidated Statements of Income,&#13;all of the revenues and expenses from Dock 79 are reported in net income, including both the amounts attributable to the Company&#13;and the noncontrolling interest. The amounts of consolidated net income attributable to the noncontrolling interest is clearly&#13;identified on the accompanying Consolidated Statements of Income.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;These statements have been prepared in accordance&#13;with accounting principles generally accepted in the United States of America for interim financial information and the instructions&#13;to Form 10-Q and do not include all the information and footnotes required by accounting principles generally accepted in the United&#13;States of America for complete financial statements. In the opinion of management, all adjustments (primarily consisting of normal&#13;recurring accruals) considered necessary for a fair statement of the results for the interim periods have been included. Operating&#13;results for the nine months ended September 30, 2017 are not necessarily indicative of the results that may be expected for the&#13;year ending December 31, 2017. The accompanying consolidated financial statements and the information included under the heading&#13;&amp;#34;Management's Discussion and Analysis of Financial Condition and Results of Operations&amp;#34; should be read in conjunction with&#13;the Company's consolidated financial statements and related notes included in the Company&amp;#8217;s Form 10-K for the year ended&#13;September 30, 2016.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;On December 19, 2016, the Company changed its&#13;fiscal year end from September 30 to December 31. The quarter ended December 31, 2016 was a transition period.&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</us-gaap:BusinessDescriptionAndBasisOfPresentationTextBlock>
    <FRPH:RiverFrontInvestmentPartnersI_LLCtextTextBlock contextRef="From2017-01-01to2017-09-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;(12) Consolidation of RiverFront Investment&#13;Partners I, LLC. &lt;/b&gt;On March 30, 2012 the Company entered into a Contribution Agreement with MRP SE Waterfront Residential, LLC.&#13;(&amp;#8220;MRP&amp;#8221;) to form a joint venture to develop the first phase only of the four phase master development known as RiverFront&#13;on the Anacostia in Washington, D.C. The purpose of the Joint Venture is to develop and own an approximately 300,000 square foot&#13;residential apartment building (including approximately 18,000 square feet of retail) on approximately 2 acres of the roughly 5.82&#13;acre site. The joint venture, RiverFront Investment Partners I, LLC (&amp;#8220;RiverFront I&amp;#8221;) was formed in June 2013 as contemplated.&#13;The Company contributed land with an agreed to value of $13,500,000 (cost basis of $6,165,000) and contributed cash of $4,866,000&#13;to the Joint Venture for a 77.14% stake in the venture. MRP contributed capital of $5,553,000 to the joint venture including development&#13;costs paid prior to formation of the joint venture. The Joint Venture closed on $17,000,000 of EB5 secondary financing and a nonrecourse&#13;construction loan for $65,000,000 on August 8, 2014. Both these financing sources are non-recourse to FRP. At the time of these&#13;financings, RiverFront Holdings I, LLC. was formed as a parent to RiverFront Investment Partners I, LLC with EB5 as an equity partner&#13;in Riverfront Holdings I, LLC. Construction commenced in October 2014, first occupancy was in August 2016. As of September 30,&#13;2017 96.4% of the units were leased. The Company&amp;#8217;s equity interest in the joint venture was previously accounted for under&#13;the equity method of accounting as MRP acts as the administrative agent of the joint venture and oversees and controls the day&#13;to day operations of the project.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In July 2017, Phase I (Dock 79) reached stabilization,&#13;meaning 90% of the individual apartments have been leased and are occupied by third party tenants. Upon reaching stabilization,&#13;the Company has, for a period of one year, the exclusive right to (i) cause the joint venture to sell the property or (ii) cause&#13;the Company&amp;#8217;s and MRP&amp;#8217;s percentage interests in the joint venture to be adjusted so as to take into account the contractual&#13;payouts assuming a sale at the value of the development at the time of this &amp;#8220;Conversion election&amp;#8221;.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The attainment of stabilization results in&#13;a change of control for accounting purposes as the veto rights of the minority shareholder lapsed and the Company became the primary&#13;beneficiary. As such, beginning July 1, 2017, the Company consolidated the assets (at fair value), liabilities and operating results&#13;of the joint venture. This consolidation resulted in a gain on remeasurement of investment in real estate partnership of $60,196,000&#13;of which $20,469,000 was attributed to the noncontrolling interest. In accordance with the terms of the Joint Venture agreements,&#13;the Company used the fair value amount at date of conversion and calculated an adjusted ownership under the Conversion election.&#13;As such for financial reporting purposes effective July 1, 2017 the Company ownership is based upon this substantive profit sharing&#13;arrangement and is estimated at 66.0% on a prospective basis.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="16" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of July 1, 2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Riverfront&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Gain on Remeasure-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Holdings I, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;ment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revised&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Land&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,220&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;21,107&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;28,327&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Building and improvements, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;81,773&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;34,362&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;116,135&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Value of leases in place&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,727&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,727&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Cash&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,295&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,295&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Cash held in escrow&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;171&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;171&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Accounts receivable&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;40&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;40&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Prepaid expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;142&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;142&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Total Assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;91,641&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;60,196&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;151,837&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Long-term Debt&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;78,587&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;78,587&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Amortizable debt costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(852&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(852&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Other liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;905&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;905&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Equity &amp;#8211; FRP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,583&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;39,727&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;48,310&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Equity - MRP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,418&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;20,469&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;24,887&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Total Liabilities and Capital&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;91,641&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;60,196&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;151,837&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;/p&gt;</FRPH:RiverFrontInvestmentPartnersI_LLCtextTextBlock>
    <FRPH:RiverfrontBalanceSheetTableTableTextBlock contextRef="From2017-01-01to2017-09-30">&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="16" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of July 1, 2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Riverfront&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Gain on Remeasure-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Holdings I, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;ment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revised&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="vertical-align: bottom; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Land&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,220&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;21,107&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;28,327&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Building and improvements, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;81,773&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;34,362&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;116,135&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Value of leases in place&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,727&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,727&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Cash&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,295&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,295&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Cash held in escrow&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;171&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;171&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Accounts receivable&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;40&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;40&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Prepaid expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;142&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;142&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Total Assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;91,641&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;60,196&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;151,837&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Long-term Debt&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;78,587&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;78,587&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Amortizable debt costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(852&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(852&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;)&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Other liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;905&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#8212;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;905&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Equity &amp;#8211; FRP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,583&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;39,727&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;48,310&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Equity - MRP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,418&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;20,469&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;24,887&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Total Liabilities and Capital&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;91,641&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;60,196&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; layout-grid-mode: line"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;151,837&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</FRPH:RiverfrontBalanceSheetTableTableTextBlock>
    <FRPH:PercentUnitsLeased contextRef="AsOf2017-09-30_custom_RiverFrontMember" unitRef="Percent" decimals="INF">.964</FRPH:PercentUnitsLeased>
    <FRPH:PercentLeasedAndOccupied contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="Percent" decimals="INF">0.90</FRPH:PercentLeasedAndOccupied>
    <us-gaap:PropertyPlantAndEquipmentNet contextRef="AsOf2017-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">81773000</us-gaap:PropertyPlantAndEquipmentNet>
    <us-gaap:PropertyPlantAndEquipmentNet contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">116135000</us-gaap:PropertyPlantAndEquipmentNet>
    <us-gaap:PropertyPlantAndEquipmentNet contextRef="AsOf2017-06-30_custom_GainonRemeasurementMember" unitRef="USD" decimals="-3">34362000</us-gaap:PropertyPlantAndEquipmentNet>
    <us-gaap:PrepaidExpenseAndOtherAssets contextRef="AsOf2017-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">142000</us-gaap:PrepaidExpenseAndOtherAssets>
    <us-gaap:PrepaidExpenseAndOtherAssets contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">142000</us-gaap:PrepaidExpenseAndOtherAssets>
    <us-gaap:PrepaidExpenseAndOtherAssets contextRef="AsOf2017-06-30_custom_GainonRemeasurementMember" unitRef="USD" decimals="-3">0</us-gaap:PrepaidExpenseAndOtherAssets>
    <us-gaap:UnamortizedDebtIssuanceExpense contextRef="AsOf2017-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">852000</us-gaap:UnamortizedDebtIssuanceExpense>
    <us-gaap:UnamortizedDebtIssuanceExpense contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">852000</us-gaap:UnamortizedDebtIssuanceExpense>
    <us-gaap:UnamortizedDebtIssuanceExpense contextRef="AsOf2017-06-30_custom_GainonRemeasurementMember" unitRef="USD" decimals="-3">0</us-gaap:UnamortizedDebtIssuanceExpense>
    <us-gaap:OtherLiabilities contextRef="AsOf2017-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">905000</us-gaap:OtherLiabilities>
    <us-gaap:OtherLiabilities contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">905000</us-gaap:OtherLiabilities>
    <us-gaap:OtherLiabilities contextRef="AsOf2017-06-30_custom_GainonRemeasurementMember" unitRef="USD" decimals="-3">0</us-gaap:OtherLiabilities>
    <us-gaap:FiniteLivedIntangibleAssetAcquiredInPlaceLeases contextRef="AsOf2017-06-30_custom_RiverfrontIJointVentureMember" unitRef="USD" decimals="-3">0</us-gaap:FiniteLivedIntangibleAssetAcquiredInPlaceLeases>
    <us-gaap:FiniteLivedIntangibleAssetAcquiredInPlaceLeases contextRef="AsOf2017-06-30_custom_RiverFrontMember" unitRef="USD" decimals="-3">4727000</us-gaap:FiniteLivedIntangibleAssetAcquiredInPlaceLeases>
    <us-gaap:FiniteLivedIntangibleAssetAcquiredInPlaceLeases contextRef="AsOf2017-06-30_custom_GainonRemeasurementMember" unitRef="USD" decimals="-3">4727000</us-gaap:FiniteLivedIntangibleAssetAcquiredInPlaceLeases>
    <us-gaap:LineOfCreditFacilityCovenantCompliance contextRef="From2017-01-01to2017-09-30_custom_WellsFargoMember">all</us-gaap:LineOfCreditFacilityCovenantCompliance>
    <us-gaap:CashAcquiredFromAcquisition contextRef="From2017-01-01to2017-09-30" unitRef="USD" decimals="-3">2295000</us-gaap:CashAcquiredFromAcquisition>
    <us-gaap:CashAcquiredFromAcquisition contextRef="From2016-01-01to2016-09-30" unitRef="USD" decimals="-3">0</us-gaap:CashAcquiredFromAcquisition>
    <FRPH:InterestRateMaturitiesUpToYearFive contextRef="AsOf2014-08-07_custom_Dock79EB5Member" unitRef="Percent" decimals="INF">0.0495</FRPH:InterestRateMaturitiesUpToYearFive>
    <FRPH:InterestRateGreaterThanFiveYears contextRef="AsOf2014-08-07_custom_Dock79EB5Member" unitRef="Percent" decimals="INF">.08</FRPH:InterestRateGreaterThanFiveYears>
    <us-gaap:DebtInstrumentCovenantDescription contextRef="From2018-08-08to2022-08-07_custom_Dock79ConstructionMember">debt service ratio of not less than 1.25 to 1.00 during the Extension Term</us-gaap:DebtInstrumentCovenantDescription>
    <us-gaap:LongTermDebtMaturitiesRepaymentTerms contextRef="From2014-08-07to2017-09-30_custom_Dock79EB5Member">Dock 79 is required to repay or redeem EB5's membership interest for a purchase price equal to the sum of the balance of the EB5's contribution account, plus any accrued by unpaid investment return sixty months after the initial capital contribution, unless extended for an additional twelve months in accordance with the agreement.</us-gaap:LongTermDebtMaturitiesRepaymentTerms>
    <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AsOf2014-08-07_custom_Dock79ConstructionMember" unitRef="Percent" decimals="INF">.0235</us-gaap:DebtInstrumentInterestRateStatedPercentage>
    <FRPH:MaturityExtensionModification1 contextRef="From2014-08-07to2017-09-30_custom_Dock79EB5Member">additional twelve months</FRPH:MaturityExtensionModification1>
    <FRPH:MaturityExtensionModification1 contextRef="From2014-08-07to2017-09-30_custom_Dock79ConstructionMember">one extension period of four years</FRPH:MaturityExtensionModification1>
</xbrli:xbrl>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>9
<FILENAME>frph-20170930.xsd
<DESCRIPTION>XBRL SCHEMA FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" ?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 4.20a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.co -->
    <!-- Field: Doc-Info; Name: Source; Value: frph10qsep17.xfr; Date: 2017%2D11%2D08T20:13:00Z -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x80060000 -->
    <!-- Field: Doc-Info; Name: Misc; Value: 96sps7xRiXhun8uMYHEsOamAOaOdwpN+GZkxvWd/bRnqrygg2JRigiXrabIGYVgO -->
<schema xmlns="http://www.w3.org/2001/XMLSchema" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:dei="http://xbrl.sec.gov/dei/2014-01-31" xmlns:us-gaap="http://fasb.org/us-gaap/2017-01-31" xmlns:us-roles="http://fasb.org/us-roles/2017-01-31" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:us-types="http://fasb.org/us-types/2017-01-31" xmlns:FRPH="http://frpholdings.com/20170930" elementFormDefault="qualified" targetNamespace="http://frpholdings.com/20170930">
    <annotation>
      <appinfo>
	<link:roleType roleURI="http://frpholdings.com/role/DocumentAndEntityInformation" id="DocumentAndEntityInformation">
	  <link:definition>00000001 - Document - Document and Entity Information</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/BalanceSheets" id="BalanceSheets">
	  <link:definition>00000002 - Statement - Consolidated Balance Sheets</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/BalanceSheetsParenthetical" id="BalanceSheetsParenthetical">
	  <link:definition>00000003 - Statement - Consolidated Balance Sheets (Parenthetical)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/StatementsOfIncome" id="StatementsOfIncome">
	  <link:definition>00000004 - Statement - Consolidated Statements of Income</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/StatementsOfComprehensiveIncome" id="StatementsOfComprehensiveIncome">
	  <link:definition>00000005 - Statement - Consolidated Statements of Comprehensive Income (Unaudited)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/StatementsOfCashFlows" id="StatementsOfCashFlows">
	  <link:definition>00000006 - Statement - Consolidated Statements of Cash Flows (Unaudited)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/DescriptionOfBusinessAndBasisOfPresentation" id="DescriptionOfBusinessAndBasisOfPresentation">
	  <link:definition>00000007 - Disclosure - Description of Business and Basis of Presentation</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/RecentlyIssuedAccountingStandards" id="RecentlyIssuedAccountingStandards">
	  <link:definition>00000008 - Disclosure - Recently Issued Accounting Standards</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/BusinessSegments" id="BusinessSegments">
	  <link:definition>00000009 - Disclosure - Business Segments</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/RelatedPartyTransactions" id="RelatedPartyTransactions">
	  <link:definition>00000010 - Disclosure - Related Party Transactions</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/Long-termDebt" id="Long-termDebt">
	  <link:definition>00000011 - Disclosure - Long-Term Debt</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/EarningsPerShare" id="EarningsPerShare">
	  <link:definition>00000012 - Disclosure - Earnings per Share</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/Stock-basedCompensationPlans" id="Stock-basedCompensationPlans">
	  <link:definition>00000013 - Disclosure - Stock-Based Compensation Plans</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/ContingentLiabilities" id="ContingentLiabilities">
	  <link:definition>00000014 - Disclosure - Contingent liabilities</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/Concentrations" id="Concentrations">
	  <link:definition>00000015 - Disclosure - Concentrations</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/FairValueMeasurements" id="FairValueMeasurements">
	  <link:definition>00000016 - Disclosure - Fair Value Measurements</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/InvestmentInJointVenturesEquityMethod" id="InvestmentInJointVenturesEquityMethod">
	  <link:definition>00000017 - Disclosure - Investment in Joint Ventures (Equity Method)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc." id="ConsolidationOfRiverfrontInvestmentPartnersILlc.">
	  <link:definition>00000018 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC.</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/BusinessSegmentsTables" id="BusinessSegmentsTables">
	  <link:definition>00000019 - Disclosure - Business Segments (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/Long-termDebtTables" id="Long-termDebtTables">
	  <link:definition>00000020 - Disclosure - Long-Term Debt (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/EarningsPerShareTables" id="EarningsPerShareTables">
	  <link:definition>00000021 - Disclosure - Earnings per Share (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/Stock-basedCompensationPlansTables" id="Stock-basedCompensationPlansTables">
	  <link:definition>00000022 - Disclosure - Stock-Based Compensation Plans (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/InvestmentInJointVenturesTables" id="InvestmentInJointVenturesTables">
	  <link:definition>00000023 - Disclosure - Investment in Joint Ventures (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.Tables" id="ConsolidationOfRiverfrontInvestmentPartnersILlc.Tables">
	  <link:definition>00000024 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC. (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/BusinessSegments-BusinessSegmentsDetails" id="BusinessSegments-BusinessSegmentsDetails">
	  <link:definition>00000025 - Disclosure - Business Segments - Business segments (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/Long-termDebtDetails" id="Long-termDebtDetails">
	  <link:definition>00000026 - Disclosure - Long-term debt (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/EarningsPerShareDetails" id="EarningsPerShareDetails">
	  <link:definition>00000027 - Disclosure - Earnings per share (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/SummaryOfStockActivityDetails" id="SummaryOfStockActivityDetails">
	  <link:definition>00000028 - Disclosure - Summary of Stock Activity (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/StockCompensationExpenseDetails" id="StockCompensationExpenseDetails">
	  <link:definition>00000029 - Disclosure - Stock Compensation Expense (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/InvestmentsInJointVenturesDetails" id="InvestmentsInJointVenturesDetails">
	  <link:definition>00000030 - Disclosure - Investments in Joint Ventures (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.-RiverfrontRemeasurementBalanceSheetDetails" id="ConsolidationOfRiverfrontInvestmentPartnersILlc.-RiverfrontRemeasurementBalanceSheetDetails">
	  <link:definition>00000031 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC. - RiverFront remeasurement balance sheet (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/RecentlyIssuedAccountingStandardsDetailsNarrative" id="RecentlyIssuedAccountingStandardsDetailsNarrative">
	  <link:definition>00000032 - Disclosure - Recently Issued Accounting Standards (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/BusinessSegmentsDetailsNarrative" id="BusinessSegmentsDetailsNarrative">
	  <link:definition>00000033 - Disclosure - Business Segments (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/RelatedPartyTransactionsDetailsNarrative" id="RelatedPartyTransactionsDetailsNarrative">
	  <link:definition>00000034 - Disclosure - Related Party Transactions (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/Long-termDebtDetailsNarrative" id="Long-termDebtDetailsNarrative">
	  <link:definition>00000035 - Disclosure - Long-Term debt (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/EarningsPerShareDetailsNarrative" id="EarningsPerShareDetailsNarrative">
	  <link:definition>00000036 - Disclosure - Earnings per Share (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/Stock-basedCompensationPlansDetailsNarrative" id="Stock-basedCompensationPlansDetailsNarrative">
	  <link:definition>00000037 - Disclosure - Stock-Based Compensation Plans (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/ContingentLiabilitiesDetailsNarrative" id="ContingentLiabilitiesDetailsNarrative">
	  <link:definition>00000038 - Disclosure - Contingent Liabilities (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/ConcentrationsDetailsNarrative" id="ConcentrationsDetailsNarrative">
	  <link:definition>00000039 - Disclosure - Concentrations (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/FairValueMeasurementsDetailsNarrative" id="FairValueMeasurementsDetailsNarrative">
	  <link:definition>00000040 - Disclosure - Fair Value Measurements (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/InvestmentsInJointVenturesDetailsNarrative" id="InvestmentsInJointVenturesDetailsNarrative">
	  <link:definition>00000041 - Disclosure - Investments in Joint Ventures (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.DetailsNarrative" id="ConsolidationOfRiverfrontInvestmentPartnersILlc.DetailsNarrative">
	  <link:definition>00000042 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC. (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:linkbaseRef xlink:type="simple" xlink:href="frph-20170930_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Presentation Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="frph-20170930_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Label Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="frph-20170930_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Calculation Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="frph-20170930_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Definition Links" />
      </appinfo>
    </annotation>
    <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
    <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
    <import namespace="http://xbrl.sec.gov/dei/2014-01-31" schemaLocation="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd" />
    <import namespace="http://fasb.org/us-gaap/2017-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd" />
    <import namespace="http://fasb.org/us-types/2017-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2017/elts/us-types-2017-01-31.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/non-numeric" schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/numeric" schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" />
    <element id="FRPH_LineOfCreditFacilityAgreementTerm" name="LineOfCreditFacilityAgreementTerm" nillable="true" xbrli:periodType="instant" type="xbrli:pureItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_LineOfCreditStandbyLettersOfCreditSublimit" name="LineOfCreditStandbyLettersOfCreditSublimit" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2" name="EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2" nillable="true" xbrli:periodType="duration" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_EmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders" name="EmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_ContingentLiabilitiesTextBlock" name="ContingentLiabilitiesTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b" name="SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b" nillable="true" xbrli:periodType="instant" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash" name="EquityMethodInvestmentSummarizedFinancialInformationCash" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash" name="EquityMethodInvestmentSummarizedFinancialInformationEscrowCash" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet" name="EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt" name="EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_SecondaryFinancing" name="SecondaryFinancing" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_AreaOfLandAcquired" name="AreaOfLandAcquired" nillable="true" xbrli:periodType="instant" type="num:areaItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_DeferredLeaseIntangibleNet" name="DeferredLeaseIntangibleNet" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_OperatingCostsDepreciationDepletionAmortization" name="OperatingCostsDepreciationDepletionAmortization" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_CostofRemediation" name="CostofRemediation" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_AreaofLandtoDevelop" name="AreaofLandtoDevelop" nillable="true" xbrli:periodType="instant" type="num:areaItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm3" name="SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm3" nillable="true" xbrli:periodType="instant" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_OperatingProfitBeforeCorporateExpenses" name="OperatingProfitBeforeCorporateExpenses" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_RiverfrontHoldingsIncomeStatements" name="RiverfrontHoldingsIncomeStatements" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum" name="SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum" nillable="true" xbrli:periodType="duration" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum" name="SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum" nillable="true" xbrli:periodType="duration" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_NumberOfTenants" name="NumberOfTenants" nillable="true" xbrli:periodType="instant" type="xbrli:integerItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_StockOptionPlans" name="StockOptionPlans" nillable="true" xbrli:periodType="instant" type="xbrli:pureItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsModificationsInPeriodWeightedAverageExercisePrice" name="ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsModificationsInPeriodWeightedAverageExercisePrice" nillable="true" xbrli:periodType="duration" type="num:perShareItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_CapitalContribution" name="CapitalContribution" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_LeaseholdInterest" name="LeaseholdInterest" nillable="true" xbrli:periodType="instant" type="num:areaItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_ContributionofLand2" name="ContributionofLand2" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_AreaofLandContributed" name="AreaofLandContributed" nillable="true" xbrli:periodType="instant" type="num:areaItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_RiverFrontInvestmentPartnersI_LLCtextTextBlock" name="RiverFrontInvestmentPartnersI_LLCtextTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_RiverfrontBalanceSheetTableTableTextBlock" name="RiverfrontBalanceSheetTableTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_PercentUnitsLeased" name="PercentUnitsLeased" nillable="true" xbrli:periodType="instant" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_PercentLeasedAndOccupied" name="PercentLeasedAndOccupied" nillable="true" xbrli:periodType="instant" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_InterestRateMaturitiesUpToYearFive" name="InterestRateMaturitiesUpToYearFive" nillable="true" xbrli:periodType="instant" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_InterestRateGreaterThanFiveYears" name="InterestRateGreaterThanFiveYears" nillable="true" xbrli:periodType="instant" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_MaturityExtensionModification1" name="MaturityExtensionModification1" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_MiningTopCustomerMember" name="MiningTopCustomerMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_CommonweathAvenueMember" name="CommonweathAvenueMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_PatriotBusinessParkMember" name="PatriotBusinessParkMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_GulfHammockMember" name="GulfHammockMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_TransportationBusinessAcquisitionMember" name="TransportationBusinessAcquisitionMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_PatriotBusinessPark2Member" name="PatriotBusinessPark2Member" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_RiverfrontIJointVentureMember" name="RiverfrontIJointVentureMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_WindlassRunPhase2Member" name="WindlassRunPhase2Member" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_KelsoMember" name="KelsoMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_BrooksvilleJointVentureMember" name="BrooksvilleJointVentureMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_PatriotTransportationMember" name="PatriotTransportationMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_AssetManagement1Member" name="AssetManagement1Member" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_LandDevelopmentandConstructionMember" name="LandDevelopmentandConstructionMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_TotalSegmentsMember" name="TotalSegmentsMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_CombinedLandDevelopmentandConstructionandAssetManagementMember" name="CombinedLandDevelopmentandConstructionandAssetManagementMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_PatriotTransortationMember" name="PatriotTransortationMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_PortCapitalMember" name="PortCapitalMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_Dorsey7001Member" name="Dorsey7001Member" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_OregonCenterMember" name="OregonCenterMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_WellsFargoMember" name="WellsFargoMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_FirstTennesseeMember" name="FirstTennesseeMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_FirstTennesseeTermMember" name="FirstTennesseeTermMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_AssetManagementTopCustomerMember" name="AssetManagementTopCustomerMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_StJohnsPropertiesJointVenture_FRPMember" name="StJohnsPropertiesJointVenture_FRPMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_StJohnsMember" name="StJohnsMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_BCFRPRealtyJointVentureMember" name="BCFRPRealtyJointVentureMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_GilroyRoadBldgMember" name="GilroyRoadBldgMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_JointVenturesMember" name="JointVenturesMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_MRPMember" name="MRPMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_VulcanMember" name="VulcanMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_RiverFrontMember" name="RiverFrontMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_Dock79ConstructionMember" name="Dock79ConstructionMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_Dock79EB5Member" name="Dock79EB5Member" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_GainonRemeasurementMember" name="GainonRemeasurementMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_DocumentAndEntityInformationAbstract" name="DocumentAndEntityInformationAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_NotesToFinancialStatementsAbstract" name="NotesToFinancialStatementsAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionGross" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionGross" nillable="true" xbrli:periodType="duration" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageExercisePrice" name="ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageExercisePrice" nillable="true" xbrli:periodType="duration" type="num:perShareItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodWeightedAverageGrantDateFairValue" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodWeightedAverageGrantDateFairValue" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffAdjustmentWeightedAverageGrantDateFairValue1" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffAdjustmentWeightedAverageGrantDateFairValue1" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageGrantDateFairValue1" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageGrantDateFairValue1" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_InvestmentInRiverfrontAndBrooksvilleJointVenturesDetailsAbstract" name="InvestmentInRiverfrontAndBrooksvilleJointVenturesDetailsAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable" name="EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_EquityMethodInvestmentSummarizedFinancialInformationPrepaidExpenses" name="EquityMethodInvestmentSummarizedFinancialInformationPrepaidExpenses" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_EquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts" name="EquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_RecentlyIssuedAccountingStandardsDetailsNarrativeAbstract" name="RecentlyIssuedAccountingStandardsDetailsNarrativeAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_ContingentLiabilitiesDetailsNarrativeAbstract" name="ContingentLiabilitiesDetailsNarrativeAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="FRPH_AreaOfLandContributedStJohn" name="AreaOfLandContributedStJohn" nillable="true" xbrli:periodType="instant" type="num:areaItemType" substitutionGroup="xbrli:item" />
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>10
<FILENAME>frph-20170930_cal.xml
<DESCRIPTION>XBRL CALCULATION FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 4.20a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.co -->
    <!-- Field: Doc-Info; Name: Source; Value: frph10qsep17.xfr; Date: 2017%2D11%2D08T20:13:00Z -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x80060000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef roleURI="http://frpholdings.com/role/DocumentAndEntityInformation" xlink:href="frph-20170930.xsd#DocumentAndEntityInformation" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BalanceSheets" xlink:href="frph-20170930.xsd#BalanceSheets" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BalanceSheetsParenthetical" xlink:href="frph-20170930.xsd#BalanceSheetsParenthetical" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/StatementsOfIncome" xlink:href="frph-20170930.xsd#StatementsOfIncome" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/StatementsOfComprehensiveIncome" xlink:href="frph-20170930.xsd#StatementsOfComprehensiveIncome" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/StatementsOfCashFlows" xlink:href="frph-20170930.xsd#StatementsOfCashFlows" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/DescriptionOfBusinessAndBasisOfPresentation" xlink:href="frph-20170930.xsd#DescriptionOfBusinessAndBasisOfPresentation" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/RecentlyIssuedAccountingStandards" xlink:href="frph-20170930.xsd#RecentlyIssuedAccountingStandards" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BusinessSegments" xlink:href="frph-20170930.xsd#BusinessSegments" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/RelatedPartyTransactions" xlink:href="frph-20170930.xsd#RelatedPartyTransactions" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Long-termDebt" xlink:href="frph-20170930.xsd#Long-termDebt" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/EarningsPerShare" xlink:href="frph-20170930.xsd#EarningsPerShare" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Stock-basedCompensationPlans" xlink:href="frph-20170930.xsd#Stock-basedCompensationPlans" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ContingentLiabilities" xlink:href="frph-20170930.xsd#ContingentLiabilities" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Concentrations" xlink:href="frph-20170930.xsd#Concentrations" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/FairValueMeasurements" xlink:href="frph-20170930.xsd#FairValueMeasurements" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/InvestmentInJointVenturesEquityMethod" xlink:href="frph-20170930.xsd#InvestmentInJointVenturesEquityMethod" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc." xlink:href="frph-20170930.xsd#ConsolidationOfRiverfrontInvestmentPartnersILlc." xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BusinessSegmentsTables" xlink:href="frph-20170930.xsd#BusinessSegmentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Long-termDebtTables" xlink:href="frph-20170930.xsd#Long-termDebtTables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/EarningsPerShareTables" xlink:href="frph-20170930.xsd#EarningsPerShareTables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Stock-basedCompensationPlansTables" xlink:href="frph-20170930.xsd#Stock-basedCompensationPlansTables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/InvestmentInJointVenturesTables" xlink:href="frph-20170930.xsd#InvestmentInJointVenturesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.Tables" xlink:href="frph-20170930.xsd#ConsolidationOfRiverfrontInvestmentPartnersILlc.Tables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BusinessSegments-BusinessSegmentsDetails" xlink:href="frph-20170930.xsd#BusinessSegments-BusinessSegmentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Long-termDebtDetails" xlink:href="frph-20170930.xsd#Long-termDebtDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/EarningsPerShareDetails" xlink:href="frph-20170930.xsd#EarningsPerShareDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/SummaryOfStockActivityDetails" xlink:href="frph-20170930.xsd#SummaryOfStockActivityDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/StockCompensationExpenseDetails" xlink:href="frph-20170930.xsd#StockCompensationExpenseDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/InvestmentsInJointVenturesDetails" xlink:href="frph-20170930.xsd#InvestmentsInJointVenturesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.-RiverfrontRemeasurementBalanceSheetDetails" xlink:href="frph-20170930.xsd#ConsolidationOfRiverfrontInvestmentPartnersILlc.-RiverfrontRemeasurementBalanceSheetDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/RecentlyIssuedAccountingStandardsDetailsNarrative" xlink:href="frph-20170930.xsd#RecentlyIssuedAccountingStandardsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BusinessSegmentsDetailsNarrative" xlink:href="frph-20170930.xsd#BusinessSegmentsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/RelatedPartyTransactionsDetailsNarrative" xlink:href="frph-20170930.xsd#RelatedPartyTransactionsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Long-termDebtDetailsNarrative" xlink:href="frph-20170930.xsd#Long-termDebtDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/EarningsPerShareDetailsNarrative" xlink:href="frph-20170930.xsd#EarningsPerShareDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Stock-basedCompensationPlansDetailsNarrative" xlink:href="frph-20170930.xsd#Stock-basedCompensationPlansDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ContingentLiabilitiesDetailsNarrative" xlink:href="frph-20170930.xsd#ContingentLiabilitiesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ConcentrationsDetailsNarrative" xlink:href="frph-20170930.xsd#ConcentrationsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/FairValueMeasurementsDetailsNarrative" xlink:href="frph-20170930.xsd#FairValueMeasurementsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/InvestmentsInJointVenturesDetailsNarrative" xlink:href="frph-20170930.xsd#InvestmentsInJointVenturesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.DetailsNarrative" xlink:href="frph-20170930.xsd#ConsolidationOfRiverfrontInvestmentPartnersILlc.DetailsNarrative" xlink:type="simple" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/DocumentAndEntityInformation" xlink:title="00000001 - Document - Document and Entity Information" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BalanceSheets" xlink:title="00000002 - Statement - Consolidated Balance Sheets">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestmentPropertyAtCost" xlink:label="loc_us-gaapRealEstateInvestmentPropertyAtCost" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Land" xlink:label="loc_us-gaapLand" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapRealEstateInvestmentPropertyAtCost" xlink:to="loc_us-gaapLand" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BuildingsAndImprovementsGross" xlink:label="loc_us-gaapBuildingsAndImprovementsGross" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapRealEstateInvestmentPropertyAtCost" xlink:to="loc_us-gaapBuildingsAndImprovementsGross" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConstructionInProgressGross" xlink:label="loc_us-gaapConstructionInProgressGross" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapRealEstateInvestmentPropertyAtCost" xlink:to="loc_us-gaapConstructionInProgressGross" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestmentPropertyNet" xlink:label="loc_us-gaapRealEstateInvestmentPropertyNet" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapRealEstateInvestmentPropertyNet" xlink:to="loc_us-gaapRealEstateInvestmentPropertyAtCost" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation" xlink:label="loc_us-gaapRealEstateInvestmentPropertyAccumulatedDepreciation" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapRealEstateInvestmentPropertyNet" xlink:to="loc_us-gaapRealEstateInvestmentPropertyAccumulatedDepreciation" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestments" xlink:label="loc_us-gaapRealEstateInvestments" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapRealEstateInvestments" xlink:to="loc_us-gaapRealEstateInvestmentPropertyNet" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestmentsOther" xlink:label="loc_us-gaapRealEstateInvestmentsOther" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapRealEstateInvestments" xlink:to="loc_us-gaapRealEstateInvestmentsOther" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:label="loc_us-gaapInvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapRealEstateInvestments" xlink:to="loc_us-gaapInvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaapAssets" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EscrowDeposit" xlink:label="loc_us-gaapEscrowDeposit" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssets" xlink:to="loc_us-gaapEscrowDeposit" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsReceivableNetCurrent" xlink:label="loc_us-gaapAccountsReceivableNetCurrent" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssets" xlink:to="loc_us-gaapAccountsReceivableNetCurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxReceivable" xlink:label="loc_us-gaapIncomeTaxReceivable" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssets" xlink:to="loc_us-gaapIncomeTaxReceivable" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredRentReceivablesNet" xlink:label="loc_us-gaapDeferredRentReceivablesNet" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssets" xlink:to="loc_us-gaapDeferredRentReceivablesNet" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredCosts" xlink:label="loc_us-gaapDeferredCosts" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssets" xlink:to="loc_us-gaapDeferredCosts" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaapOtherAssets" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssets" xlink:to="loc_us-gaapOtherAssets" xlink:type="arc" weight="1" />
      <link:calculationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssets" xlink:to="loc_us-gaapRealEstateInvestments" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaapCashAndCashEquivalentsAtCarryingValue" />
      <link:calculationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssets" xlink:to="loc_us-gaapCashAndCashEquivalentsAtCarryingValue" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaapLiabilities" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuredLongTermDebt" xlink:label="loc_us-gaapSecuredLongTermDebt" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_us-gaapSecuredLongTermDebt" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuredDebtCurrent" xlink:label="loc_us-gaapSecuredDebtCurrent" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_us-gaapSecuredDebtCurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCredit" xlink:label="loc_us-gaapLineOfCredit" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_us-gaapLineOfCredit" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaapAccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_us-gaapAccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredCompensationLiabilityCurrent" xlink:label="loc_us-gaapDeferredCompensationLiabilityCurrent" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_us-gaapDeferredCompensationLiabilityCurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccruedEnvironmentalLossContingenciesCurrent" xlink:label="loc_us-gaapAccruedEnvironmentalLossContingenciesCurrent" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_us-gaapAccruedEnvironmentalLossContingenciesCurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxLiabilitiesNoncurrent" xlink:label="loc_us-gaapDeferredTaxLiabilitiesNoncurrent" />
      <link:calculationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_us-gaapDeferredTaxLiabilitiesNoncurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredRevenue" xlink:label="loc_us-gaapDeferredRevenue" />
      <link:calculationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_us-gaapDeferredRevenue" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecurityDepositLiability" xlink:label="loc_us-gaapSecurityDepositLiability" />
      <link:calculationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_us-gaapSecurityDepositLiability" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_DeferredLeaseIntangibleNet" xlink:label="loc_FRPHDeferredLeaseIntangibleNet" />
      <link:calculationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_FRPHDeferredLeaseIntangibleNet" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TaxesPayableCurrentAndNoncurrent" xlink:label="loc_us-gaapTaxesPayableCurrentAndNoncurrent" />
      <link:calculationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_us-gaapTaxesPayableCurrentAndNoncurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BankOverdrafts" xlink:label="loc_us-gaapBankOverdrafts" />
      <link:calculationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_us-gaapBankOverdrafts" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaapStockholdersEquity" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockValueOutstanding" xlink:label="loc_us-gaapCommonStockValueOutstanding" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapStockholdersEquity" xlink:to="loc_us-gaapCommonStockValueOutstanding" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdditionalPaidInCapitalCommonStock" xlink:label="loc_us-gaapAdditionalPaidInCapitalCommonStock" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapStockholdersEquity" xlink:to="loc_us-gaapAdditionalPaidInCapitalCommonStock" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RetainedEarningsUnappropriated" xlink:label="loc_us-gaapRetainedEarningsUnappropriated" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapStockholdersEquity" xlink:to="loc_us-gaapRetainedEarningsUnappropriated" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaapAccumulatedOtherComprehensiveIncomeLossNetOfTax" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapStockholdersEquity" xlink:to="loc_us-gaapAccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaapStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:to="loc_us-gaapStockholdersEquity" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PartnersCapitalAttributableToNoncontrollingInterest" xlink:label="loc_us-gaapPartnersCapitalAttributableToNoncontrollingInterest" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:to="loc_us-gaapPartnersCapitalAttributableToNoncontrollingInterest" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaapLiabilitiesAndStockholdersEquity" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquity" xlink:to="loc_us-gaapLiabilities" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquity" xlink:to="loc_us-gaapStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:type="arc" weight="1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BalanceSheetsParenthetical" xlink:title="00000003 - Statement - Consolidated Balance Sheets (Parenthetical)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/StatementsOfIncome" xlink:title="00000004 - Statement - Consolidated Statements of Income">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaapRevenues" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RevenueMineralSales" xlink:label="loc_us-gaapRevenueMineralSales" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapRevenues" xlink:to="loc_us-gaapRevenueMineralSales" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesIncomeStatementLeaseRevenue" xlink:label="loc_us-gaapOperatingLeasesIncomeStatementLeaseRevenue" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapRevenues" xlink:to="loc_us-gaapOperatingLeasesIncomeStatementLeaseRevenue" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TenantReimbursements" xlink:label="loc_us-gaapTenantReimbursements" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapRevenues" xlink:to="loc_us-gaapTenantReimbursements" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaapOperatingExpenses" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_OperatingCostsDepreciationDepletionAmortization" xlink:label="loc_FRPHOperatingCostsDepreciationDepletionAmortization" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapOperatingExpenses" xlink:to="loc_FRPHOperatingCostsDepreciationDepletionAmortization" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingCostsAndExpenses" xlink:label="loc_us-gaapOperatingCostsAndExpenses" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapOperatingExpenses" xlink:to="loc_us-gaapOperatingCostsAndExpenses" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EnvironmentalRemediationExpense" xlink:label="loc_us-gaapEnvironmentalRemediationExpense" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapOperatingExpenses" xlink:to="loc_us-gaapEnvironmentalRemediationExpense" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateTaxExpense" xlink:label="loc_us-gaapRealEstateTaxExpense" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapOperatingExpenses" xlink:to="loc_us-gaapRealEstateTaxExpense" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ServiceManagementCosts" xlink:label="loc_us-gaapServiceManagementCosts" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapOperatingExpenses" xlink:to="loc_us-gaapServiceManagementCosts" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CostOfServices" xlink:label="loc_us-gaapCostOfServices" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapOperatingExpenses" xlink:to="loc_us-gaapCostOfServices" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaapOperatingIncomeLoss" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapOperatingIncomeLoss" xlink:to="loc_us-gaapRevenues" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapOperatingIncomeLoss" xlink:to="loc_us-gaapOperatingExpenses" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:label="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestAndOtherIncome" xlink:label="loc_us-gaapInterestAndOtherIncome" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:to="loc_us-gaapInterestAndOtherIncome" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaapInterestExpense" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:to="loc_us-gaapInterestExpense" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaapIncomeLossFromEquityMethodInvestments" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:to="loc_us-gaapIncomeLossFromEquityMethodInvestments" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnSaleOfProperties" xlink:label="loc_us-gaapGainLossOnSaleOfProperties" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:to="loc_us-gaapGainLossOnSaleOfProperties" xlink:type="arc" weight="1" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:to="loc_us-gaapOperatingIncomeLoss" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" xlink:label="loc_us-gaapBusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:to="loc_us-gaapBusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaapProfitLoss" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapProfitLoss" xlink:to="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaapIncomeTaxExpenseBenefit" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapProfitLoss" xlink:to="loc_us-gaapIncomeTaxExpenseBenefit" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaapNetIncomeLoss" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetIncomeLoss" xlink:to="loc_us-gaapProfitLoss" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaapIncomeLossAttributableToNoncontrollingInterest" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetIncomeLoss" xlink:to="loc_us-gaapIncomeLossAttributableToNoncontrollingInterest" xlink:type="arc" weight="-1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/StatementsOfComprehensiveIncome" xlink:title="00000005 - Statement - Consolidated Statements of Comprehensive Income (Unaudited)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaapComprehensiveIncomeNetOfTax" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaapComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapComprehensiveIncomeNetOfTax" xlink:to="loc_us-gaapComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:label="loc_us-gaapComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapComprehensiveIncomeNetOfTax" xlink:to="loc_us-gaapComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:type="arc" weight="-1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/StatementsOfCashFlows" xlink:title="00000006 - Statement - Consolidated Statements of Cash Flows (Unaudited)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="loc_us-gaapRepaymentsOfLongTermDebt" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_us-gaapRepaymentsOfLongTermDebt" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaapPaymentsForRepurchaseOfCommonStock" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_us-gaapPaymentsForRepurchaseOfCommonStock" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:label="loc_us-gaapExcessTaxBenefitFromShareBasedCompensationFinancingActivities" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_us-gaapExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions" xlink:label="loc_us-gaapProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_us-gaapProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RepaymentsOfLinesOfCredit" xlink:label="loc_us-gaapRepaymentsOfLinesOfCredit" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_us-gaapRepaymentsOfLinesOfCredit" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromLinesOfCredit" xlink:label="loc_us-gaapProceedsFromLinesOfCredit" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_us-gaapProceedsFromLinesOfCredit" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations" xlink:label="loc_us-gaapCashProvidedByUsedInFinancingActivitiesDiscontinuedOperations" />
      <link:calculationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_us-gaapCashProvidedByUsedInFinancingActivitiesDiscontinuedOperations" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfBankOverdrafts" xlink:label="loc_us-gaapProceedsFromRepaymentsOfBankOverdrafts" />
      <link:calculationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_us-gaapProceedsFromRepaymentsOfBankOverdrafts" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsOfDebtIssuanceCosts" xlink:label="loc_us-gaapPaymentsOfDebtIssuanceCosts" />
      <link:calculationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_us-gaapPaymentsOfDebtIssuanceCosts" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:label="loc_us-gaapProceedsFromIssuanceOfLongTermDebt" />
      <link:calculationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_us-gaapProceedsFromIssuanceOfLongTermDebt" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaapCashAndCashEquivalentsPeriodIncreaseDecrease" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapCashAndCashEquivalentsPeriodIncreaseDecrease" xlink:to="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapCashAndCashEquivalentsPeriodIncreaseDecrease" xlink:to="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaapNetCashProvidedByUsedInInvestingActivities" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapCashAndCashEquivalentsPeriodIncreaseDecrease" xlink:to="loc_us-gaapNetCashProvidedByUsedInInvestingActivities" xlink:type="arc" weight="1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/DescriptionOfBusinessAndBasisOfPresentation" xlink:title="00000007 - Disclosure - Description of Business and Basis of Presentation" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/RecentlyIssuedAccountingStandards" xlink:title="00000008 - Disclosure - Recently Issued Accounting Standards" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BusinessSegments" xlink:title="00000009 - Disclosure - Business Segments" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/RelatedPartyTransactions" xlink:title="00000010 - Disclosure - Related Party Transactions" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Long-termDebt" xlink:title="00000011 - Disclosure - Long-Term Debt" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/EarningsPerShare" xlink:title="00000012 - Disclosure - Earnings per Share" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Stock-basedCompensationPlans" xlink:title="00000013 - Disclosure - Stock-Based Compensation Plans" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ContingentLiabilities" xlink:title="00000014 - Disclosure - Contingent liabilities" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Concentrations" xlink:title="00000015 - Disclosure - Concentrations" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/FairValueMeasurements" xlink:title="00000016 - Disclosure - Fair Value Measurements" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/InvestmentInJointVenturesEquityMethod" xlink:title="00000017 - Disclosure - Investment in Joint Ventures (Equity Method)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc." xlink:title="00000018 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC." />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BusinessSegmentsTables" xlink:title="00000019 - Disclosure - Business Segments (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Long-termDebtTables" xlink:title="00000020 - Disclosure - Long-Term Debt (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/EarningsPerShareTables" xlink:title="00000021 - Disclosure - Earnings per Share (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Stock-basedCompensationPlansTables" xlink:title="00000022 - Disclosure - Stock-Based Compensation Plans (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/InvestmentInJointVenturesTables" xlink:title="00000023 - Disclosure - Investment in Joint Ventures (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.Tables" xlink:title="00000024 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC. (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BusinessSegments-BusinessSegmentsDetails" xlink:title="00000025 - Disclosure - Business Segments - Business segments (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Long-termDebtDetails" xlink:title="00000026 - Disclosure - Long-term debt (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/EarningsPerShareDetails" xlink:title="00000027 - Disclosure - Earnings per share (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/SummaryOfStockActivityDetails" xlink:title="00000028 - Disclosure - Summary of Stock Activity (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/StockCompensationExpenseDetails" xlink:title="00000029 - Disclosure - Stock Compensation Expense (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/InvestmentsInJointVenturesDetails" xlink:title="00000030 - Disclosure - Investments in Joint Ventures (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.-RiverfrontRemeasurementBalanceSheetDetails" xlink:title="00000031 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC. - RiverFront remeasurement balance sheet (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/RecentlyIssuedAccountingStandardsDetailsNarrative" xlink:title="00000032 - Disclosure - Recently Issued Accounting Standards (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BusinessSegmentsDetailsNarrative" xlink:title="00000033 - Disclosure - Business Segments (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/RelatedPartyTransactionsDetailsNarrative" xlink:title="00000034 - Disclosure - Related Party Transactions (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Long-termDebtDetailsNarrative" xlink:title="00000035 - Disclosure - Long-Term debt (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/EarningsPerShareDetailsNarrative" xlink:title="00000036 - Disclosure - Earnings per Share (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Stock-basedCompensationPlansDetailsNarrative" xlink:title="00000037 - Disclosure - Stock-Based Compensation Plans (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ContingentLiabilitiesDetailsNarrative" xlink:title="00000038 - Disclosure - Contingent Liabilities (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ConcentrationsDetailsNarrative" xlink:title="00000039 - Disclosure - Concentrations (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/FairValueMeasurementsDetailsNarrative" xlink:title="00000040 - Disclosure - Fair Value Measurements (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/InvestmentsInJointVenturesDetailsNarrative" xlink:title="00000041 - Disclosure - Investments in Joint Ventures (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.DetailsNarrative" xlink:title="00000042 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC. (Details Narrative)" />
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>11
<FILENAME>frph-20170930_def.xml
<DESCRIPTION>XBRL DEFINITION FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 4.20a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.co -->
    <!-- Field: Doc-Info; Name: Source; Value: frph10qsep17.xfr; Date: 2017%2D11%2D08T20:13:00Z -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x80060000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef roleURI="http://frpholdings.com/role/DocumentAndEntityInformation" xlink:href="frph-20170930.xsd#DocumentAndEntityInformation" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BalanceSheets" xlink:href="frph-20170930.xsd#BalanceSheets" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BalanceSheetsParenthetical" xlink:href="frph-20170930.xsd#BalanceSheetsParenthetical" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/StatementsOfIncome" xlink:href="frph-20170930.xsd#StatementsOfIncome" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/StatementsOfComprehensiveIncome" xlink:href="frph-20170930.xsd#StatementsOfComprehensiveIncome" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/StatementsOfCashFlows" xlink:href="frph-20170930.xsd#StatementsOfCashFlows" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/DescriptionOfBusinessAndBasisOfPresentation" xlink:href="frph-20170930.xsd#DescriptionOfBusinessAndBasisOfPresentation" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/RecentlyIssuedAccountingStandards" xlink:href="frph-20170930.xsd#RecentlyIssuedAccountingStandards" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BusinessSegments" xlink:href="frph-20170930.xsd#BusinessSegments" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/RelatedPartyTransactions" xlink:href="frph-20170930.xsd#RelatedPartyTransactions" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Long-termDebt" xlink:href="frph-20170930.xsd#Long-termDebt" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/EarningsPerShare" xlink:href="frph-20170930.xsd#EarningsPerShare" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Stock-basedCompensationPlans" xlink:href="frph-20170930.xsd#Stock-basedCompensationPlans" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ContingentLiabilities" xlink:href="frph-20170930.xsd#ContingentLiabilities" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Concentrations" xlink:href="frph-20170930.xsd#Concentrations" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/FairValueMeasurements" xlink:href="frph-20170930.xsd#FairValueMeasurements" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/InvestmentInJointVenturesEquityMethod" xlink:href="frph-20170930.xsd#InvestmentInJointVenturesEquityMethod" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc." xlink:href="frph-20170930.xsd#ConsolidationOfRiverfrontInvestmentPartnersILlc." xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BusinessSegmentsTables" xlink:href="frph-20170930.xsd#BusinessSegmentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Long-termDebtTables" xlink:href="frph-20170930.xsd#Long-termDebtTables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/EarningsPerShareTables" xlink:href="frph-20170930.xsd#EarningsPerShareTables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Stock-basedCompensationPlansTables" xlink:href="frph-20170930.xsd#Stock-basedCompensationPlansTables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/InvestmentInJointVenturesTables" xlink:href="frph-20170930.xsd#InvestmentInJointVenturesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.Tables" xlink:href="frph-20170930.xsd#ConsolidationOfRiverfrontInvestmentPartnersILlc.Tables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BusinessSegments-BusinessSegmentsDetails" xlink:href="frph-20170930.xsd#BusinessSegments-BusinessSegmentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Long-termDebtDetails" xlink:href="frph-20170930.xsd#Long-termDebtDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/EarningsPerShareDetails" xlink:href="frph-20170930.xsd#EarningsPerShareDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/SummaryOfStockActivityDetails" xlink:href="frph-20170930.xsd#SummaryOfStockActivityDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/StockCompensationExpenseDetails" xlink:href="frph-20170930.xsd#StockCompensationExpenseDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/InvestmentsInJointVenturesDetails" xlink:href="frph-20170930.xsd#InvestmentsInJointVenturesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.-RiverfrontRemeasurementBalanceSheetDetails" xlink:href="frph-20170930.xsd#ConsolidationOfRiverfrontInvestmentPartnersILlc.-RiverfrontRemeasurementBalanceSheetDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/RecentlyIssuedAccountingStandardsDetailsNarrative" xlink:href="frph-20170930.xsd#RecentlyIssuedAccountingStandardsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BusinessSegmentsDetailsNarrative" xlink:href="frph-20170930.xsd#BusinessSegmentsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/RelatedPartyTransactionsDetailsNarrative" xlink:href="frph-20170930.xsd#RelatedPartyTransactionsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Long-termDebtDetailsNarrative" xlink:href="frph-20170930.xsd#Long-termDebtDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/EarningsPerShareDetailsNarrative" xlink:href="frph-20170930.xsd#EarningsPerShareDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Stock-basedCompensationPlansDetailsNarrative" xlink:href="frph-20170930.xsd#Stock-basedCompensationPlansDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ContingentLiabilitiesDetailsNarrative" xlink:href="frph-20170930.xsd#ContingentLiabilitiesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ConcentrationsDetailsNarrative" xlink:href="frph-20170930.xsd#ConcentrationsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/FairValueMeasurementsDetailsNarrative" xlink:href="frph-20170930.xsd#FairValueMeasurementsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/InvestmentsInJointVenturesDetailsNarrative" xlink:href="frph-20170930.xsd#InvestmentsInJointVenturesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.DetailsNarrative" xlink:href="frph-20170930.xsd#ConsolidationOfRiverfrontInvestmentPartnersILlc.DetailsNarrative" xlink:type="simple" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension" arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain" arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member" arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all" arcroleURI="http://xbrl.org/int/dim/arcrole/all" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#notAll" arcroleURI="http://xbrl.org/int/dim/arcrole/notAll" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default" arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/DocumentAndEntityInformation" xlink:title="00000001 - Document - Document and Entity Information" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BalanceSheets" xlink:title="00000002 - Statement - Consolidated Balance Sheets" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BalanceSheetsParenthetical" xlink:title="00000003 - Statement - Consolidated Balance Sheets (Parenthetical)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/StatementsOfIncome" xlink:title="00000004 - Statement - Consolidated Statements of Income" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/StatementsOfComprehensiveIncome" xlink:title="00000005 - Statement - Consolidated Statements of Comprehensive Income (Unaudited)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/StatementsOfCashFlows" xlink:title="00000006 - Statement - Consolidated Statements of Cash Flows (Unaudited)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/DescriptionOfBusinessAndBasisOfPresentation" xlink:title="00000007 - Disclosure - Description of Business and Basis of Presentation" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/RecentlyIssuedAccountingStandards" xlink:title="00000008 - Disclosure - Recently Issued Accounting Standards" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BusinessSegments" xlink:title="00000009 - Disclosure - Business Segments" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/RelatedPartyTransactions" xlink:title="00000010 - Disclosure - Related Party Transactions" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Long-termDebt" xlink:title="00000011 - Disclosure - Long-Term Debt" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/EarningsPerShare" xlink:title="00000012 - Disclosure - Earnings per Share" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Stock-basedCompensationPlans" xlink:title="00000013 - Disclosure - Stock-Based Compensation Plans" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ContingentLiabilities" xlink:title="00000014 - Disclosure - Contingent liabilities" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Concentrations" xlink:title="00000015 - Disclosure - Concentrations" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/FairValueMeasurements" xlink:title="00000016 - Disclosure - Fair Value Measurements" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/InvestmentInJointVenturesEquityMethod" xlink:title="00000017 - Disclosure - Investment in Joint Ventures (Equity Method)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc." xlink:title="00000018 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC." />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BusinessSegmentsTables" xlink:title="00000019 - Disclosure - Business Segments (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Long-termDebtTables" xlink:title="00000020 - Disclosure - Long-Term Debt (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/EarningsPerShareTables" xlink:title="00000021 - Disclosure - Earnings per Share (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Stock-basedCompensationPlansTables" xlink:title="00000022 - Disclosure - Stock-Based Compensation Plans (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/InvestmentInJointVenturesTables" xlink:title="00000023 - Disclosure - Investment in Joint Ventures (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.Tables" xlink:title="00000024 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC. (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BusinessSegments-BusinessSegmentsDetails" xlink:title="00000025 - Disclosure - Business Segments - Business segments (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapStatementTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaapStatementBusinessSegmentsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementBusinessSegmentsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaapSegmentDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapStatementBusinessSegmentsAxis" xlink:to="loc_us-gaapSegmentDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaapSegmentDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapStatementBusinessSegmentsAxis" xlink:to="loc_us-gaapSegmentDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AssetManagement1Member" xlink:label="loc_FRPHAssetManagement1Member_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHAssetManagement1Member_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MiningPropertiesAndMineralRightsMember" xlink:label="loc_us-gaapMiningPropertiesAndMineralRightsMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_us-gaapMiningPropertiesAndMineralRightsMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_LandDevelopmentandConstructionMember" xlink:label="loc_FRPHLandDevelopmentandConstructionMember_120" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHLandDevelopmentandConstructionMember_120" xlink:type="arc" order="121" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverFrontMember" xlink:label="loc_FRPHRiverFrontMember_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHRiverFrontMember_180" xlink:type="arc" order="181" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CorporateMember" xlink:label="loc_us-gaapCorporateMember_240" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_us-gaapCorporateMember_240" xlink:type="arc" order="241" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_TotalSegmentsMember" xlink:label="loc_FRPHTotalSegmentsMember_260" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHTotalSegmentsMember_260" xlink:type="arc" order="261" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="loc_us-gaapSegmentReportingInformationLineItems_330" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapSegmentReportingInformationLineItems_330" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaapRevenues_330" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapRevenues_330" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_OperatingProfitBeforeCorporateExpenses" xlink:label="loc_FRPHOperatingProfitBeforeCorporateExpenses_330" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHOperatingProfitBeforeCorporateExpenses_330" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaapOperatingIncomeLoss_330" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapOperatingIncomeLoss_330" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherGeneralAndAdministrativeExpense" xlink:label="loc_us-gaapOtherGeneralAndAdministrativeExpense_330" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapOtherGeneralAndAdministrativeExpense_330" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaapInterestExpense_330" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapInterestExpense_330" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease" xlink:label="loc_us-gaapPropertyPlantAndEquipmentGrossPeriodIncreaseDecrease_330" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapPropertyPlantAndEquipmentGrossPeriodIncreaseDecrease_330" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_OperatingCostsDepreciationDepletionAmortization" xlink:label="loc_FRPHOperatingCostsDepreciationDepletionAmortization_330" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHOperatingCostsDepreciationDepletionAmortization_330" xlink:type="arc" order="9" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaapCashAndCashEquivalentsAtCarryingValue_330" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapCashAndCashEquivalentsAtCarryingValue_330" xlink:type="arc" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaapAssets_330" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAssets_330" xlink:type="arc" order="11" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Long-termDebtDetails" xlink:title="00000026 - Disclosure - Long-term debt (Details)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/EarningsPerShareDetails" xlink:title="00000027 - Disclosure - Earnings per share (Details)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/SummaryOfStockActivityDetails" xlink:title="00000028 - Disclosure - Summary of Stock Activity (Details)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/StockCompensationExpenseDetails" xlink:title="00000029 - Disclosure - Stock Compensation Expense (Details)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/InvestmentsInJointVenturesDetails" xlink:title="00000030 - Disclosure - Investments in Joint Ventures (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapStatementTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableByTypeAxis" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableTypeDomain" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableTypeDomain" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverfrontIJointVentureMember" xlink:label="loc_FRPHRiverfrontIJointVentureMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:to="loc_FRPHRiverfrontIJointVentureMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_BrooksvilleJointVentureMember" xlink:label="loc_FRPHBrooksvilleJointVentureMember_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:to="loc_FRPHBrooksvilleJointVentureMember_70" xlink:type="arc" order="71" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_BCFRPRealtyJointVentureMember" xlink:label="loc_FRPHBCFRPRealtyJointVentureMember_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:to="loc_FRPHBCFRPRealtyJointVentureMember_110" xlink:type="arc" order="111" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_JointVenturesMember" xlink:label="loc_FRPHJointVenturesMember_170" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:to="loc_FRPHJointVenturesMember_170" xlink:type="arc" order="171" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstatePropertiesAxis" xlink:label="loc_us-gaapRealEstatePropertiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapRealEstatePropertiesAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstatePropertiesDomain" xlink:label="loc_us-gaapRealEstatePropertiesDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapRealEstatePropertiesAxis" xlink:to="loc_us-gaapRealEstatePropertiesDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstatePropertiesDomain" xlink:label="loc_us-gaapRealEstatePropertiesDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapRealEstatePropertiesAxis" xlink:to="loc_us-gaapRealEstatePropertiesDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaapEquityMethodInvestmentOwnershipPercentage_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentOwnershipPercentage_200" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaapEquityMethodInvestments_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestments_200" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets" xlink:label="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationAssets_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationAssets_200" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent" xlink:label="loc_us-gaapNetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapNetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent_200" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaapIncomeLossFromEquityMethodInvestments_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapIncomeLossFromEquityMethodInvestments_200" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash" xlink:label="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationCash_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationCash_200" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash" xlink:label="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationEscrowCash_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationEscrowCash_200" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable" xlink:label="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable_200" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationPrepaidExpenses" xlink:label="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationPrepaidExpenses_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationPrepaidExpenses_200" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet" xlink:label="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet_200" xlink:type="arc" order="9" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts" xlink:label="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts_200" xlink:type="arc" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities" xlink:label="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationLiabilities_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationLiabilities_200" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt" xlink:label="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationLongtermDebt_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationLongtermDebt_200" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest" xlink:label="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationMinorityInterest_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationMinorityInterest_200" xlink:type="arc" order="14" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity" xlink:label="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_200" xlink:type="arc" order="15" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue" xlink:label="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationRevenue_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationRevenue_200" xlink:type="arc" order="16" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ReimbursementRevenue" xlink:label="loc_us-gaapReimbursementRevenue_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapReimbursementRevenue_200" xlink:type="arc" order="17" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaapRevenues_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapRevenues_200" xlink:type="arc" order="18" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DepreciationAndAmortization" xlink:label="loc_us-gaapDepreciationAndAmortization_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapDepreciationAndAmortization_200" xlink:type="arc" order="19" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingCostsAndExpenses" xlink:label="loc_us-gaapOperatingCostsAndExpenses_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapOperatingCostsAndExpenses_200" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateTaxExpense" xlink:label="loc_us-gaapRealEstateTaxExpense_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapRealEstateTaxExpense_200" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaapOperatingExpenses_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapOperatingExpenses_200" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaapOperatingIncomeLoss_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapOperatingIncomeLoss_200" xlink:type="arc" order="23" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaapInterestExpense_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapInterestExpense_200" xlink:type="arc" order="24" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss" xlink:label="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_200" xlink:type="arc" order="25" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.-RiverfrontRemeasurementBalanceSheetDetails" xlink:title="00000031 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC. - RiverFront remeasurement balance sheet (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapStatementTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableByTypeAxis" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableTypeDomain" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableTypeDomain" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverfrontIJointVentureMember" xlink:label="loc_FRPHRiverfrontIJointVentureMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:to="loc_FRPHRiverfrontIJointVentureMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaapStatementBusinessSegmentsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementBusinessSegmentsAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaapSegmentDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapStatementBusinessSegmentsAxis" xlink:to="loc_us-gaapSegmentDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaapSegmentDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapStatementBusinessSegmentsAxis" xlink:to="loc_us-gaapSegmentDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_GainonRemeasurementMember" xlink:label="loc_FRPHGainonRemeasurementMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHGainonRemeasurementMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverFrontMember" xlink:label="loc_FRPHRiverFrontMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHRiverFrontMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Land" xlink:label="loc_us-gaapLand_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLand_40" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaapPropertyPlantAndEquipmentNet_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapPropertyPlantAndEquipmentNet_40" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases" xlink:label="loc_us-gaapFiniteLivedIntangibleAssetAcquiredInPlaceLeases_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapFiniteLivedIntangibleAssetAcquiredInPlaceLeases_40" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaapCashAndCashEquivalentsAtCarryingValue_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapCashAndCashEquivalentsAtCarryingValue_40" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EscrowDeposit" xlink:label="loc_us-gaapEscrowDeposit_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEscrowDeposit_40" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsReceivableNetCurrent" xlink:label="loc_us-gaapAccountsReceivableNetCurrent_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAccountsReceivableNetCurrent_40" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PrepaidExpenseAndOtherAssets" xlink:label="loc_us-gaapPrepaidExpenseAndOtherAssets_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapPrepaidExpenseAndOtherAssets_40" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaapAssets_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAssets_40" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaapLongTermDebt_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLongTermDebt_40" xlink:type="arc" order="9" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UnamortizedDebtIssuanceExpense" xlink:label="loc_us-gaapUnamortizedDebtIssuanceExpense_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapUnamortizedDebtIssuanceExpense_40" xlink:type="arc" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaapOtherLiabilities_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapOtherLiabilities_40" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaapEquityMethodInvestments_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestments_40" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest" xlink:label="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationMinorityInterest_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationMinorityInterest_40" xlink:type="arc" order="13" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaapLiabilitiesAndStockholdersEquity_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLiabilitiesAndStockholdersEquity_40" xlink:type="arc" order="14" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/RecentlyIssuedAccountingStandardsDetailsNarrative" xlink:title="00000032 - Disclosure - Recently Issued Accounting Standards (Details Narrative)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BusinessSegmentsDetailsNarrative" xlink:title="00000033 - Disclosure - Business Segments (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapStatementTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaapStatementBusinessSegmentsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementBusinessSegmentsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaapSegmentDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapStatementBusinessSegmentsAxis" xlink:to="loc_us-gaapSegmentDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaapSegmentDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapStatementBusinessSegmentsAxis" xlink:to="loc_us-gaapSegmentDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MiningPropertiesAndMineralRightsMember" xlink:label="loc_us-gaapMiningPropertiesAndMineralRightsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_us-gaapMiningPropertiesAndMineralRightsMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_BrooksvilleJointVentureMember" xlink:label="loc_FRPHBrooksvilleJointVentureMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHBrooksvilleJointVentureMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverFrontMember" xlink:label="loc_FRPHRiverFrontMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHRiverFrontMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NumberOfReportableSegments" xlink:label="loc_us-gaapNumberOfReportableSegments_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapNumberOfReportableSegments_50" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AreaOfLand" xlink:label="loc_us-gaapAreaOfLand_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAreaOfLand_50" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AreaOfRealEstateProperty" xlink:label="loc_us-gaapAreaOfRealEstateProperty_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAreaOfRealEstateProperty_50" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_PercentLeasedAndOccupied" xlink:label="loc_FRPHPercentLeasedAndOccupied_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHPercentLeasedAndOccupied_50" xlink:type="arc" order="3" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/RelatedPartyTransactionsDetailsNarrative" xlink:title="00000034 - Disclosure - Related Party Transactions (Details Narrative)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Long-termDebtDetailsNarrative" xlink:title="00000035 - Disclosure - Long-Term debt (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapStatementTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityAxis" xlink:label="loc_us-gaapLineOfCreditFacilityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapLineOfCreditFacilityAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityLenderDomain" xlink:label="loc_us-gaapLineOfCreditFacilityLenderDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapLineOfCreditFacilityAxis" xlink:to="loc_us-gaapLineOfCreditFacilityLenderDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityLenderDomain" xlink:label="loc_us-gaapLineOfCreditFacilityLenderDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapLineOfCreditFacilityAxis" xlink:to="loc_us-gaapLineOfCreditFacilityLenderDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_WellsFargoMember" xlink:label="loc_FRPHWellsFargoMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapLineOfCreditFacilityLenderDomain" xlink:to="loc_FRPHWellsFargoMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_FirstTennesseeMember" xlink:label="loc_FRPHFirstTennesseeMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapLineOfCreditFacilityLenderDomain" xlink:to="loc_FRPHFirstTennesseeMember_80" xlink:type="arc" order="81" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="loc_us-gaapLongtermDebtTypeAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapLongtermDebtTypeAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongtermDebtTypeDomain" xlink:label="loc_us-gaapLongtermDebtTypeDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapLongtermDebtTypeAxis" xlink:to="loc_us-gaapLongtermDebtTypeDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongtermDebtTypeDomain" xlink:label="loc_us-gaapLongtermDebtTypeDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapLongtermDebtTypeAxis" xlink:to="loc_us-gaapLongtermDebtTypeDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScenarioForecastMember" xlink:label="loc_us-gaapScenarioForecastMember_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapLongtermDebtTypeDomain" xlink:to="loc_us-gaapScenarioForecastMember_110" xlink:type="arc" order="111" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_Dock79ConstructionMember" xlink:label="loc_FRPHDock79ConstructionMember_120" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapLongtermDebtTypeDomain" xlink:to="loc_FRPHDock79ConstructionMember_120" xlink:type="arc" order="121" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_Dock79EB5Member" xlink:label="loc_FRPHDock79EB5Member_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapLongtermDebtTypeDomain" xlink:to="loc_FRPHDock79EB5Member_130" xlink:type="arc" order="131" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtDescription" xlink:label="loc_us-gaapLongTermDebtDescription_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLongTermDebtDescription_180" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_LineOfCreditFacilityAgreementTerm" xlink:label="loc_FRPHLineOfCreditFacilityAgreementTerm_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHLineOfCreditFacilityAgreementTerm_180" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaapLineOfCreditFacilityMaximumBorrowingCapacity_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLineOfCreditFacilityMaximumBorrowingCapacity_180" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_LineOfCreditStandbyLettersOfCreditSublimit" xlink:label="loc_FRPHLineOfCreditStandbyLettersOfCreditSublimit_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHLineOfCreditStandbyLettersOfCreditSublimit_180" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount" xlink:label="loc_us-gaapDebtInstrumentUnusedBorrowingCapacityAmount_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapDebtInstrumentUnusedBorrowingCapacityAmount_180" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription" xlink:label="loc_us-gaapLineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription_180" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LettersOfCreditOutstandingAmount" xlink:label="loc_us-gaapLettersOfCreditOutstandingAmount_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLettersOfCreditOutstandingAmount_180" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding" xlink:label="loc_us-gaapLineOfCreditFacilityFairValueOfAmountOutstanding_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLineOfCreditFacilityFairValueOfAmountOutstanding_180" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:label="loc_us-gaapLineOfCreditFacilityRemainingBorrowingCapacity_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLineOfCreditFacilityRemainingBorrowingCapacity_180" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MinimumNetWorthRequiredForCompliance" xlink:label="loc_us-gaapMinimumNetWorthRequiredForCompliance_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapMinimumNetWorthRequiredForCompliance_180" xlink:type="arc" order="9" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements" xlink:label="loc_us-gaapAmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements_180" xlink:type="arc" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestCostsCapitalized" xlink:label="loc_us-gaapInterestCostsCapitalized_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapInterestCostsCapitalized_180" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityInterestRateDescription" xlink:label="loc_us-gaapLineOfCreditFacilityInterestRateDescription_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLineOfCreditFacilityInterestRateDescription_180" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:label="loc_us-gaapLineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_180" xlink:type="arc" order="13" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityCovenantCompliance" xlink:label="loc_us-gaapLineOfCreditFacilityCovenantCompliance_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLineOfCreditFacilityCovenantCompliance_180" xlink:type="arc" order="14" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConstructionLoanNoncurrent" xlink:label="loc_us-gaapConstructionLoanNoncurrent_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapConstructionLoanNoncurrent_180" xlink:type="arc" order="15" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_SecondaryFinancing" xlink:label="loc_FRPHSecondaryFinancing_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHSecondaryFinancing_180" xlink:type="arc" order="16" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_us-gaapDebtInstrumentInterestRateStatedPercentage_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapDebtInstrumentInterestRateStatedPercentage_180" xlink:type="arc" order="17" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_InterestRateMaturitiesUpToYearFive" xlink:label="loc_FRPHInterestRateMaturitiesUpToYearFive_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHInterestRateMaturitiesUpToYearFive_180" xlink:type="arc" order="18" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_InterestRateGreaterThanFiveYears" xlink:label="loc_FRPHInterestRateGreaterThanFiveYears_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHInterestRateGreaterThanFiveYears_180" xlink:type="arc" order="19" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_MaturityExtensionModification1" xlink:label="loc_FRPHMaturityExtensionModification1_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHMaturityExtensionModification1_180" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtInstrumentCovenantDescription" xlink:label="loc_us-gaapDebtInstrumentCovenantDescription_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapDebtInstrumentCovenantDescription_180" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentTerms" xlink:label="loc_us-gaapLongTermDebtMaturitiesRepaymentTerms_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLongTermDebtMaturitiesRepaymentTerms_180" xlink:type="arc" order="22" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/EarningsPerShareDetailsNarrative" xlink:title="00000036 - Disclosure - Earnings per Share (Details Narrative)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Stock-basedCompensationPlansDetailsNarrative" xlink:title="00000037 - Disclosure - Stock-Based Compensation Plans (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapStatementTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" xlink:label="loc_us-gaapIncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapIncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain" xlink:label="loc_us-gaapDisposalGroupsIncludingDiscontinuedOperationsNameDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapIncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" xlink:to="loc_us-gaapDisposalGroupsIncludingDiscontinuedOperationsNameDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain" xlink:label="loc_us-gaapDisposalGroupsIncludingDiscontinuedOperationsNameDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapIncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" xlink:to="loc_us-gaapDisposalGroupsIncludingDiscontinuedOperationsNameDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_PatriotTransportationMember" xlink:label="loc_FRPHPatriotTransportationMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapDisposalGroupsIncludingDiscontinuedOperationsNameDomain" xlink:to="loc_FRPHPatriotTransportationMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_StockOptionPlans" xlink:label="loc_FRPHStockOptionPlans_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHStockOptionPlans_50" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_50" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights_50" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_50" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_50" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_50" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharePrice" xlink:label="loc_us-gaapSharePrice_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapSharePrice_50" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions" xlink:label="loc_us-gaapEmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions_50" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="loc_us-gaapEmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_50" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2" xlink:label="loc_FRPHEmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2_50" xlink:type="arc" order="9" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders" xlink:label="loc_FRPHEmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders_50" xlink:type="arc" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum_50" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum_50" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum_50" xlink:type="arc" order="13" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum_50" xlink:type="arc" order="14" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum" xlink:label="loc_FRPHSharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHSharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum_50" xlink:type="arc" order="15" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum" xlink:label="loc_FRPHSharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHSharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum_50" xlink:type="arc" order="16" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_50" xlink:type="arc" order="17" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost_50" xlink:type="arc" order="18" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ContingentLiabilitiesDetailsNarrative" xlink:title="00000038 - Disclosure - Contingent Liabilities (Details Narrative)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ConcentrationsDetailsNarrative" xlink:title="00000039 - Disclosure - Concentrations (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapStatementTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskByTypeAxis" xlink:label="loc_us-gaapConcentrationRiskByTypeAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapConcentrationRiskByTypeAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskTypeDomain" xlink:label="loc_us-gaapConcentrationRiskTypeDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapConcentrationRiskByTypeAxis" xlink:to="loc_us-gaapConcentrationRiskTypeDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskTypeDomain" xlink:label="loc_us-gaapConcentrationRiskTypeDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapConcentrationRiskByTypeAxis" xlink:to="loc_us-gaapConcentrationRiskTypeDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AssetManagementTopCustomerMember" xlink:label="loc_FRPHAssetManagementTopCustomerMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapConcentrationRiskTypeDomain" xlink:to="loc_FRPHAssetManagementTopCustomerMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_MiningTopCustomerMember" xlink:label="loc_FRPHMiningTopCustomerMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapConcentrationRiskTypeDomain" xlink:to="loc_FRPHMiningTopCustomerMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskPercentage1" xlink:label="loc_us-gaapConcentrationRiskPercentage1_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapConcentrationRiskPercentage1_50" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaapAccountsReceivableNet_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAccountsReceivableNet_50" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_NumberOfTenants" xlink:label="loc_FRPHNumberOfTenants_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHNumberOfTenants_50" xlink:type="arc" order="2" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/FairValueMeasurementsDetailsNarrative" xlink:title="00000040 - Disclosure - Fair Value Measurements (Details Narrative)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/InvestmentsInJointVenturesDetailsNarrative" xlink:title="00000041 - Disclosure - Investments in Joint Ventures (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapStatementTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableByTypeAxis" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableTypeDomain" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableTypeDomain" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_BrooksvilleJointVentureMember" xlink:label="loc_FRPHBrooksvilleJointVentureMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:to="loc_FRPHBrooksvilleJointVentureMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_BCFRPRealtyJointVentureMember" xlink:label="loc_FRPHBCFRPRealtyJointVentureMember_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:to="loc_FRPHBCFRPRealtyJointVentureMember_70" xlink:type="arc" order="71" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_deiLegalEntityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_deiLegalEntityAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="loc_deiEntityDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_deiLegalEntityAxis" xlink:to="loc_deiEntityDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="loc_deiEntityDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_deiLegalEntityAxis" xlink:to="loc_deiEntityDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_VulcanMember" xlink:label="loc_FRPHVulcanMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityDomain" xlink:to="loc_FRPHVulcanMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_StJohnsMember" xlink:label="loc_FRPHStJohnsMember_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityDomain" xlink:to="loc_FRPHStJohnsMember_100" xlink:type="arc" order="101" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AreaOfRealEstateProperty" xlink:label="loc_us-gaapAreaOfRealEstateProperty_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAreaOfRealEstateProperty_140" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AreaOfLand" xlink:label="loc_us-gaapAreaOfLand_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAreaOfLand_140" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ContributionOfProperty" xlink:label="loc_us-gaapContributionOfProperty_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapContributionOfProperty_140" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaapEquityMethodInvestmentOwnershipPercentage_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentOwnershipPercentage_140" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherOwnershipInterestsValue" xlink:label="loc_us-gaapOtherOwnershipInterestsValue_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapOtherOwnershipInterestsValue_140" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentDividendsOrDistributions" xlink:label="loc_us-gaapEquityMethodInvestmentDividendsOrDistributions_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentDividendsOrDistributions_140" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AreaofLandContributed" xlink:label="loc_FRPHAreaofLandContributed_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHAreaofLandContributed_140" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AreaOfLandContributedStJohn" xlink:label="loc_FRPHAreaOfLandContributedStJohn_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHAreaOfLandContributedStJohn_140" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_LeaseholdInterest" xlink:label="loc_FRPHLeaseholdInterest_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHLeaseholdInterest_140" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ContributionofLand2" xlink:label="loc_FRPHContributionofLand2_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHContributionofLand2_140" xlink:type="arc" order="9" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireLand" xlink:label="loc_us-gaapPaymentsToAcquireLand_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapPaymentsToAcquireLand_140" xlink:type="arc" order="10" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AreaOfLandAcquired" xlink:label="loc_FRPHAreaOfLandAcquired_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHAreaOfLandAcquired_140" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaapIncomeLossFromEquityMethodInvestments_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapIncomeLossFromEquityMethodInvestments_140" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RetainedEarningsUndistributedEarningsFromEquityMethodInvestees" xlink:label="loc_us-gaapRetainedEarningsUndistributedEarningsFromEquityMethodInvestees_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapRetainedEarningsUndistributedEarningsFromEquityMethodInvestees_140" xlink:type="arc" order="13" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.DetailsNarrative" xlink:title="00000042 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC. (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapStatementTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaapStatementBusinessSegmentsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementBusinessSegmentsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaapSegmentDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapStatementBusinessSegmentsAxis" xlink:to="loc_us-gaapSegmentDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaapSegmentDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapStatementBusinessSegmentsAxis" xlink:to="loc_us-gaapSegmentDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverFrontMember" xlink:label="loc_FRPHRiverFrontMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHRiverFrontMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstatePropertiesAxis" xlink:label="loc_us-gaapRealEstatePropertiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapRealEstatePropertiesAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstatePropertiesDomain" xlink:label="loc_us-gaapRealEstatePropertiesDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapRealEstatePropertiesAxis" xlink:to="loc_us-gaapRealEstatePropertiesDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstatePropertiesDomain" xlink:label="loc_us-gaapRealEstatePropertiesDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapRealEstatePropertiesAxis" xlink:to="loc_us-gaapRealEstatePropertiesDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableByTypeAxis" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableTypeDomain" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableTypeDomain" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverfrontIJointVentureMember" xlink:label="loc_FRPHRiverfrontIJointVentureMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:to="loc_FRPHRiverfrontIJointVentureMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_deiLegalEntityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_deiLegalEntityAxis" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="loc_deiEntityDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_deiLegalEntityAxis" xlink:to="loc_deiEntityDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="loc_deiEntityDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_deiLegalEntityAxis" xlink:to="loc_deiEntityDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_MRPMember" xlink:label="loc_FRPHMRPMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityDomain" xlink:to="loc_FRPHMRPMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AreaOfRealEstateProperty" xlink:label="loc_us-gaapAreaOfRealEstateProperty_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAreaOfRealEstateProperty_100" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetRentableArea" xlink:label="loc_us-gaapNetRentableArea_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapNetRentableArea_100" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AreaofLandtoDevelop" xlink:label="loc_FRPHAreaofLandtoDevelop_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHAreaofLandtoDevelop_100" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AreaOfLand" xlink:label="loc_us-gaapAreaOfLand_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAreaOfLand_100" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ContributionOfProperty" xlink:label="loc_us-gaapContributionOfProperty_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapContributionOfProperty_100" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ContributionofLand2" xlink:label="loc_FRPHContributionofLand2_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHContributionofLand2_100" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireEquityMethodInvestments" xlink:label="loc_us-gaapPaymentsToAcquireEquityMethodInvestments_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapPaymentsToAcquireEquityMethodInvestments_100" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaapEquityMethodInvestmentOwnershipPercentage_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentOwnershipPercentage_100" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_CapitalContribution" xlink:label="loc_FRPHCapitalContribution_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHCapitalContribution_100" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_SecondaryFinancing" xlink:label="loc_FRPHSecondaryFinancing_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHSecondaryFinancing_100" xlink:type="arc" order="9" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConstructionLoanNoncurrent" xlink:label="loc_us-gaapConstructionLoanNoncurrent_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapConstructionLoanNoncurrent_100" xlink:type="arc" order="10" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_PercentUnitsLeased" xlink:label="loc_FRPHPercentUnitsLeased_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHPercentUnitsLeased_100" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" xlink:label="loc_us-gaapBusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapBusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_100" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_PercentLeasedAndOccupied" xlink:label="loc_FRPHPercentLeasedAndOccupied_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHPercentLeasedAndOccupied_100" xlink:type="arc" order="13" />
    </link:definitionLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>12
<FILENAME>frph-20170930_lab.xml
<DESCRIPTION>XBRL LABEL FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 4.20a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.co -->
    <!-- Field: Doc-Info; Name: Source; Value: frph10qsep17.xfr; Date: 2017%2D11%2D08T20:13:00Z -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x80060000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel" />
    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="us-gaap_StatementBusinessSegmentsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementBusinessSegmentsAxis" xlink:to="us-gaap_StatementBusinessSegmentsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementBusinessSegmentsAxis_lbl" xml:lang="en-US">Business Segments [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MiningPropertiesAndMineralRightsMember" xlink:label="us-gaap_MiningPropertiesAndMineralRightsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MiningPropertiesAndMineralRightsMember" xlink:to="us-gaap_MiningPropertiesAndMineralRightsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MiningPropertiesAndMineralRightsMember_lbl" xml:lang="en-US">Mining royalty lands</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CorporateMember" xlink:label="us-gaap_CorporateMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CorporateMember" xlink:to="us-gaap_CorporateMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CorporateMember_lbl" xml:lang="en-US">Corporate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskByTypeAxis" xlink:label="us-gaap_ConcentrationRiskByTypeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskByTypeAxis" xlink:to="us-gaap_ConcentrationRiskByTypeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskByTypeAxis_lbl" xml:lang="en-US">Concentration Risk Type [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_MiningTopCustomerMember" xlink:label="FRPH_MiningTopCustomerMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_MiningTopCustomerMember" xlink:to="FRPH_MiningTopCustomerMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_MiningTopCustomerMember_lbl" xml:lang="en-US">Mining Top Customer</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableByTypeAxis" xlink:label="us-gaap_EquityInterestIssuedOrIssuableByTypeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityInterestIssuedOrIssuableByTypeAxis" xlink:to="us-gaap_EquityInterestIssuedOrIssuableByTypeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityInterestIssuedOrIssuableByTypeAxis_lbl" xml:lang="en-US">Equity Interest Type [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverfrontIJointVentureMember" xlink:label="FRPH_RiverfrontIJointVentureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_RiverfrontIJointVentureMember" xlink:to="FRPH_RiverfrontIJointVentureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_RiverfrontIJointVentureMember_lbl" xml:lang="en-US">Riverfront Holdings I, LLC</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_BrooksvilleJointVentureMember" xlink:label="FRPH_BrooksvilleJointVentureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_BrooksvilleJointVentureMember" xlink:to="FRPH_BrooksvilleJointVentureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_BrooksvilleJointVentureMember_lbl" xml:lang="en-US">Brooksville Quarry, LLC</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" xlink:label="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" xlink:to="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_lbl" xml:lang="en-US">Disposal Group Name [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_PatriotTransportationMember" xlink:label="FRPH_PatriotTransportationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_PatriotTransportationMember" xlink:to="FRPH_PatriotTransportationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_PatriotTransportationMember_lbl" xml:lang="en-US">Patriot Transportation</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AssetManagement1Member" xlink:label="FRPH_AssetManagement1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_AssetManagement1Member" xlink:to="FRPH_AssetManagement1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_AssetManagement1Member_lbl" xml:lang="en-US">Asset Management</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_LandDevelopmentandConstructionMember" xlink:label="FRPH_LandDevelopmentandConstructionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_LandDevelopmentandConstructionMember" xlink:to="FRPH_LandDevelopmentandConstructionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_LandDevelopmentandConstructionMember_lbl" xml:lang="en-US">Land Development and Construction</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_TotalSegmentsMember" xlink:label="FRPH_TotalSegmentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_TotalSegmentsMember" xlink:to="FRPH_TotalSegmentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_TotalSegmentsMember_lbl" xml:lang="en-US">Total Segments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityAxis" xlink:label="us-gaap_LineOfCreditFacilityAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityAxis" xlink:to="us-gaap_LineOfCreditFacilityAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityAxis_lbl" xml:lang="en-US">Lender Name [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_WellsFargoMember" xlink:label="FRPH_WellsFargoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_WellsFargoMember" xlink:to="FRPH_WellsFargoMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_WellsFargoMember_lbl" xml:lang="en-US">Wells Fargo Bank, N.A.</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_FirstTennesseeMember" xlink:label="FRPH_FirstTennesseeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_FirstTennesseeMember" xlink:to="FRPH_FirstTennesseeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_FirstTennesseeMember_lbl" xml:lang="en-US">First Tennessee Bank</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AssetManagementTopCustomerMember" xlink:label="FRPH_AssetManagementTopCustomerMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_AssetManagementTopCustomerMember" xlink:to="FRPH_AssetManagementTopCustomerMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_AssetManagementTopCustomerMember_lbl" xml:lang="en-US">Asset Management Top Customer</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LegalEntityAxis" xlink:to="dei_LegalEntityAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LegalEntityAxis_lbl" xml:lang="en-US">Legal Entity [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_StJohnsMember" xlink:label="FRPH_StJohnsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_StJohnsMember" xlink:to="FRPH_StJohnsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_StJohnsMember_lbl" xml:lang="en-US">St Johns Properties JV St Johns</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_BCFRPRealtyJointVentureMember" xlink:label="FRPH_BCFRPRealtyJointVentureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_BCFRPRealtyJointVentureMember" xlink:to="FRPH_BCFRPRealtyJointVentureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_BCFRPRealtyJointVentureMember_lbl" xml:lang="en-US">BC FRP Realty, LLC</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_JointVenturesMember" xlink:label="FRPH_JointVenturesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_JointVenturesMember" xlink:to="FRPH_JointVenturesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_JointVenturesMember_lbl" xml:lang="en-US">Joint Ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_MRPMember" xlink:label="FRPH_MRPMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_MRPMember" xlink:to="FRPH_MRPMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_MRPMember_lbl" xml:lang="en-US">MRP</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_VulcanMember" xlink:label="FRPH_VulcanMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_VulcanMember" xlink:to="FRPH_VulcanMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_VulcanMember_lbl" xml:lang="en-US">Vulcan</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverFrontMember" xlink:label="FRPH_RiverFrontMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_RiverFrontMember" xlink:to="FRPH_RiverFrontMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_RiverFrontMember_lbl" xml:lang="en-US">RiverFront on the Anacostia</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="us-gaap_LongtermDebtTypeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongtermDebtTypeAxis" xlink:to="us-gaap_LongtermDebtTypeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongtermDebtTypeAxis_lbl" xml:lang="en-US">Long-term Debt, Type [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScenarioForecastMember" xlink:label="us-gaap_ScenarioForecastMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScenarioForecastMember" xlink:to="us-gaap_ScenarioForecastMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScenarioForecastMember_lbl" xml:lang="en-US">First Tennessee bank Term Loan</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_Dock79ConstructionMember" xlink:label="FRPH_Dock79ConstructionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_Dock79ConstructionMember" xlink:to="FRPH_Dock79ConstructionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_Dock79ConstructionMember_lbl" xml:lang="en-US">Dock 79 Construction loan</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_Dock79EB5Member" xlink:label="FRPH_Dock79EB5Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_Dock79EB5Member" xlink:to="FRPH_Dock79EB5Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_Dock79EB5Member_lbl" xml:lang="en-US">Dock 79 EB5 Financing</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_GainonRemeasurementMember" xlink:label="FRPH_GainonRemeasurementMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_GainonRemeasurementMember" xlink:to="FRPH_GainonRemeasurementMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_GainonRemeasurementMember_lbl" xml:lang="en-US">Gain on remeasurement</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_DocumentAndEntityInformationAbstract" xlink:label="FRPH_DocumentAndEntityInformationAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_DocumentAndEntityInformationAbstract" xlink:to="FRPH_DocumentAndEntityInformationAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_DocumentAndEntityInformationAbstract_lbl" xml:lang="en-US">Document And Entity Information</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentType" xlink:label="dei_DocumentType" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US">Document Type</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US">Amendment Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Is Entity a Well-known Seasoned Issuer?</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Is Entity a Voluntary Filer?</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Is Entity's Reporting Status Current?</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="us-gaap_StatementOfFinancialPositionAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfFinancialPositionAbstract" xlink:to="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xml:lang="en-US">Statement of Financial Position [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="us-gaap_AssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsAbstract" xlink:to="us-gaap_AssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsAbstract_lbl" xml:lang="en-US">Assets:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Land" xlink:label="us-gaap_Land" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Land" xlink:to="us-gaap_Land_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Land_lbl" xml:lang="en-US">Land</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BuildingsAndImprovementsGross" xlink:label="us-gaap_BuildingsAndImprovementsGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BuildingsAndImprovementsGross" xlink:to="us-gaap_BuildingsAndImprovementsGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BuildingsAndImprovementsGross_lbl" xml:lang="en-US">Buildings and improvements</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConstructionInProgressGross" xlink:label="us-gaap_ConstructionInProgressGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConstructionInProgressGross" xlink:to="us-gaap_ConstructionInProgressGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConstructionInProgressGross_lbl" xml:lang="en-US">Projects under construction</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestmentPropertyAtCost" xlink:label="us-gaap_RealEstateInvestmentPropertyAtCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateInvestmentPropertyAtCost" xlink:to="us-gaap_RealEstateInvestmentPropertyAtCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_RealEstateInvestmentPropertyAtCost_lbl" xml:lang="en-US">Total investments in properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation" xlink:label="us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation" xlink:to="us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_lbl" xml:lang="en-US">Less accumulated depreciation and depletion</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestmentPropertyNet" xlink:label="us-gaap_RealEstateInvestmentPropertyNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateInvestmentPropertyNet" xlink:to="us-gaap_RealEstateInvestmentPropertyNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_RealEstateInvestmentPropertyNet_lbl" xml:lang="en-US">Net investments in properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestmentsOther" xlink:label="us-gaap_RealEstateInvestmentsOther" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateInvestmentsOther" xlink:to="us-gaap_RealEstateInvestmentsOther_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RealEstateInvestmentsOther_lbl" xml:lang="en-US">Real estate held for investment, at cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateHeldforsale" xlink:label="us-gaap_RealEstateHeldforsale" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateHeldforsale" xlink:to="us-gaap_RealEstateHeldforsale_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RealEstateHeldforsale_lbl" xml:lang="en-US">Real estate held for sale, at cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:to="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_lbl" xml:lang="en-US">Investments in joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestments" xlink:label="us-gaap_RealEstateInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateInvestments" xlink:to="us-gaap_RealEstateInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_RealEstateInvestments_lbl" xml:lang="en-US">Net real estate investments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US">Cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EscrowDeposit" xlink:label="us-gaap_EscrowDeposit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EscrowDeposit" xlink:to="us-gaap_EscrowDeposit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EscrowDeposit_lbl" xml:lang="en-US">Cash held in escrow</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsReceivableNetCurrent" xlink:label="us-gaap_AccountsReceivableNetCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsReceivableNetCurrent" xlink:to="us-gaap_AccountsReceivableNetCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsReceivableNetCurrent_lbl" xml:lang="en-US">Accounts receivable, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxReceivable" xlink:label="us-gaap_IncomeTaxReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReceivable" xlink:to="us-gaap_IncomeTaxReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReceivable_lbl" xml:lang="en-US">Federal and state income taxes receivable</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredRentReceivablesNet" xlink:label="us-gaap_DeferredRentReceivablesNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredRentReceivablesNet" xlink:to="us-gaap_DeferredRentReceivablesNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredRentReceivablesNet_lbl" xml:lang="en-US">Unrealized rents</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredCosts" xlink:label="us-gaap_DeferredCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCosts" xlink:to="us-gaap_DeferredCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredCosts_lbl" xml:lang="en-US">Deferred costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssets" xlink:label="us-gaap_OtherAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssets" xlink:to="us-gaap_OtherAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssets_lbl" xml:lang="en-US">Other assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Assets" xlink:label="us-gaap_Assets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Assets_lbl" xml:lang="en-US">Total assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="us-gaap_LiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAbstract" xlink:to="us-gaap_LiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xml:lang="en-US">Liabilities:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCredit" xlink:label="us-gaap_LineOfCredit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCredit" xlink:to="us-gaap_LineOfCredit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCredit_lbl" xml:lang="en-US">Lines of credit payable</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuredDebtCurrent" xlink:label="us-gaap_SecuredDebtCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SecuredDebtCurrent" xlink:to="us-gaap_SecuredDebtCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SecuredDebtCurrent_lbl" xml:lang="en-US">Secured notes payable, current portion</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuredLongTermDebt" xlink:label="us-gaap_SecuredLongTermDebt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SecuredLongTermDebt" xlink:to="us-gaap_SecuredLongTermDebt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SecuredLongTermDebt_lbl" xml:lang="en-US">Secured notes payable, less current portion</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" xlink:to="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_lbl" xml:lang="en-US">Accounts payable and accrued liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccruedEnvironmentalLossContingenciesCurrent" xlink:label="us-gaap_AccruedEnvironmentalLossContingenciesCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccruedEnvironmentalLossContingenciesCurrent" xlink:to="us-gaap_AccruedEnvironmentalLossContingenciesCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccruedEnvironmentalLossContingenciesCurrent_lbl" xml:lang="en-US">Environmental remediation liability</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BankOverdrafts" xlink:label="us-gaap_BankOverdrafts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BankOverdrafts" xlink:to="us-gaap_BankOverdrafts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BankOverdrafts_lbl" xml:lang="en-US">Bank overdraft</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TaxesPayableCurrentAndNoncurrent" xlink:label="us-gaap_TaxesPayableCurrentAndNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TaxesPayableCurrentAndNoncurrent" xlink:to="us-gaap_TaxesPayableCurrentAndNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TaxesPayableCurrentAndNoncurrent_lbl" xml:lang="en-US">Federal and state income taxes payable</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredRevenue" xlink:label="us-gaap_DeferredRevenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredRevenue" xlink:to="us-gaap_DeferredRevenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredRevenue_lbl" xml:lang="en-US">Deferred revenue</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxLiabilitiesNoncurrent" xlink:label="us-gaap_DeferredTaxLiabilitiesNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesNoncurrent" xlink:to="us-gaap_DeferredTaxLiabilitiesNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxLiabilitiesNoncurrent_lbl" xml:lang="en-US">Deferred income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredCompensationLiabilityCurrent" xlink:label="us-gaap_DeferredCompensationLiabilityCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCompensationLiabilityCurrent" xlink:to="us-gaap_DeferredCompensationLiabilityCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredCompensationLiabilityCurrent_lbl" xml:lang="en-US">Deferred compensation</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_DeferredLeaseIntangibleNet" xlink:label="FRPH_DeferredLeaseIntangibleNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_DeferredLeaseIntangibleNet" xlink:to="FRPH_DeferredLeaseIntangibleNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_DeferredLeaseIntangibleNet_lbl" xml:lang="en-US">Deferred lease intangible, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecurityDepositLiability" xlink:label="us-gaap_SecurityDepositLiability" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SecurityDepositLiability" xlink:to="us-gaap_SecurityDepositLiability_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SecurityDepositLiability_lbl" xml:lang="en-US">Tenant security deposits</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Liabilities" xlink:label="us-gaap_Liabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Liabilities_lbl" xml:lang="en-US">Total liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="us-gaap_CommitmentsAndContingencies" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingencies" xlink:to="us-gaap_CommitmentsAndContingencies_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xml:lang="en-US">Commitments and contingencies (Note 8)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_lbl" xml:lang="en-US">Equity:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockValueOutstanding" xlink:label="us-gaap_CommonStockValueOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockValueOutstanding" xlink:to="us-gaap_CommonStockValueOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockValueOutstanding_lbl" xml:lang="en-US">Common stock, $.10 par value; 25,000,000 shares authorized, 10,007,167 and 9,914,054 shares issued and outstanding, respectively</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdditionalPaidInCapitalCommonStock" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapitalCommonStock" xlink:to="us-gaap_AdditionalPaidInCapitalCommonStock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock_lbl" xml:lang="en-US">Capital in excess of par value</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RetainedEarningsUnappropriated" xlink:label="us-gaap_RetainedEarningsUnappropriated" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsUnappropriated" xlink:to="us-gaap_RetainedEarningsUnappropriated_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RetainedEarningsUnappropriated_lbl" xml:lang="en-US">Retained earnings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xml:lang="en-US">Accumulated other comprehensive income, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="us-gaap_StockholdersEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_StockholdersEquity_lbl" xml:lang="en-US">Total shareholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PartnersCapitalAttributableToNoncontrollingInterest" xlink:label="us-gaap_PartnersCapitalAttributableToNoncontrollingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAttributableToNoncontrollingInterest" xlink:to="us-gaap_PartnersCapitalAttributableToNoncontrollingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapitalAttributableToNoncontrollingInterest_lbl" xml:lang="en-US">Noncontrolling interest MRP</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xml:lang="en-US">Total Equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xml:lang="en-US">Total liabilities and shareholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockParOrStatedValuePerShare" xlink:to="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xml:lang="en-US">Common stock, par value</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="us-gaap_CommonStockSharesAuthorized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesAuthorized" xlink:to="us-gaap_CommonStockSharesAuthorized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xml:lang="en-US">Common stock, shares authorized</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="us-gaap_CommonStockSharesIssued" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesIssued" xlink:to="us-gaap_CommonStockSharesIssued_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xml:lang="en-US">Common stock, shares issued and outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="us-gaap_IncomeStatementAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeStatementAbstract" xlink:to="us-gaap_IncomeStatementAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xml:lang="en-US">Income Statement [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="us-gaap_RevenuesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenuesAbstract" xlink:to="us-gaap_RevenuesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenuesAbstract_lbl" xml:lang="en-US">Revenues:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesIncomeStatementLeaseRevenue" xlink:label="us-gaap_OperatingLeasesIncomeStatementLeaseRevenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesIncomeStatementLeaseRevenue" xlink:to="us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_lbl" xml:lang="en-US">Rental revenue</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RevenueMineralSales" xlink:label="us-gaap_RevenueMineralSales" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenueMineralSales" xlink:to="us-gaap_RevenueMineralSales_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenueMineralSales_lbl" xml:lang="en-US">Mining Royalty and rents</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TenantReimbursements" xlink:label="us-gaap_TenantReimbursements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TenantReimbursements" xlink:to="us-gaap_TenantReimbursements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TenantReimbursements_lbl" xml:lang="en-US">Revenue - reimbursements</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Revenues" xlink:label="us-gaap_Revenues" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Revenues" xlink:to="us-gaap_Revenues_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Revenues_lbl" xml:lang="en-US">Total revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingCostsAndExpensesAbstract" xlink:label="us-gaap_OperatingCostsAndExpensesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingCostsAndExpensesAbstract" xlink:to="us-gaap_OperatingCostsAndExpensesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingCostsAndExpensesAbstract_lbl" xml:lang="en-US">Cost of operations:</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_OperatingCostsDepreciationDepletionAmortization" xlink:label="FRPH_OperatingCostsDepreciationDepletionAmortization" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_OperatingCostsDepreciationDepletionAmortization" xlink:to="FRPH_OperatingCostsDepreciationDepletionAmortization_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_OperatingCostsDepreciationDepletionAmortization_lbl" xml:lang="en-US">Depreciation, depletion and amortization</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingCostsAndExpenses" xlink:label="us-gaap_OperatingCostsAndExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingCostsAndExpenses" xlink:to="us-gaap_OperatingCostsAndExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingCostsAndExpenses_lbl" xml:lang="en-US">Operating expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EnvironmentalRemediationExpense" xlink:label="us-gaap_EnvironmentalRemediationExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EnvironmentalRemediationExpense" xlink:to="us-gaap_EnvironmentalRemediationExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EnvironmentalRemediationExpense_lbl" xml:lang="en-US">Environmental remediation expense</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateTaxExpense" xlink:label="us-gaap_RealEstateTaxExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateTaxExpense" xlink:to="us-gaap_RealEstateTaxExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RealEstateTaxExpense_lbl" xml:lang="en-US">Property taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ServiceManagementCosts" xlink:label="us-gaap_ServiceManagementCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ServiceManagementCosts" xlink:to="us-gaap_ServiceManagementCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ServiceManagementCosts_lbl" xml:lang="en-US">Management company indirect</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CostOfServices" xlink:label="us-gaap_CostOfServices" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostOfServices" xlink:to="us-gaap_CostOfServices_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostOfServices_lbl" xml:lang="en-US">Corporate expenses (Note 4 Related Party)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="us-gaap_OperatingExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingExpenses" xlink:to="us-gaap_OperatingExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OperatingExpenses_lbl" xml:lang="en-US">Total cost of operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="us-gaap_OperatingIncomeLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xml:lang="en-US">Total operating profit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestAndOtherIncome" xlink:label="us-gaap_InterestAndOtherIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestAndOtherIncome" xlink:to="us-gaap_InterestAndOtherIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestAndOtherIncome_lbl" xml:lang="en-US">Interest income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpense" xlink:label="us-gaap_InterestExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpense" xlink:to="us-gaap_InterestExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_InterestExpense_lbl" xml:lang="en-US">Interest expense</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromEquityMethodInvestments" xlink:to="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_lbl" xml:lang="en-US">Equity in loss of joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" xlink:label="us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" xlink:to="us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_lbl" xml:lang="en-US">Gain on remeasurement of investment in real estate partnership</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnSaleOfProperties" xlink:label="us-gaap_GainLossOnSaleOfProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfProperties" xlink:to="us-gaap_GainLossOnSaleOfProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnSaleOfProperties_lbl" xml:lang="en-US">Loss on investment land sold</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:to="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_lbl" xml:lang="en-US">Income before income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="us-gaap_IncomeTaxExpenseBenefit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefit" xlink:to="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xml:lang="en-US">Provision for income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperations" xlink:label="us-gaap_IncomeLossFromContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperations" xlink:to="us-gaap_IncomeLossFromContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromContinuingOperations_lbl" xml:lang="en-US">Income from continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax" xlink:to="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_lbl" xml:lang="en-US">Gain from discontinued transportation operations, net of taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProfitLoss" xlink:label="us-gaap_ProfitLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProfitLoss" xlink:to="us-gaap_ProfitLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_ProfitLoss_lbl" xml:lang="en-US">Net income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossAttributableToNoncontrollingInterest" xlink:label="us-gaap_IncomeLossAttributableToNoncontrollingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossAttributableToNoncontrollingInterest" xlink:to="us-gaap_IncomeLossAttributableToNoncontrollingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossAttributableToNoncontrollingInterest_lbl" xml:lang="en-US">Income attributable to noncontrolling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US">Net income attributable to the Company</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="us-gaap_EarningsPerShareAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareAbstract" xlink:to="us-gaap_EarningsPerShareAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareAbstract_lbl" xml:lang="en-US">Earnings per common share:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="us-gaap_EarningsPerShareBasic" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasic" xlink:to="us-gaap_EarningsPerShareBasic_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xml:lang="en-US">Basic</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="us-gaap_EarningsPerShareDiluted" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareDiluted" xlink:to="us-gaap_EarningsPerShareDiluted_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xml:lang="en-US">Diluted</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xml:lang="en-US">Number of shares (in thousands) used in computing:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xml:lang="en-US">-basic earnings per common share</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:to="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xml:lang="en-US">-diluted earnings per common share</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:to="us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_lbl" xml:lang="en-US">Comprehensive income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:to="us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_lbl" xml:lang="en-US">Less: comprehensive income attributable to noncontrolling interests</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComprehensiveIncomeNetOfTax" xlink:to="us-gaap_ComprehensiveIncomeNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax_lbl" xml:lang="en-US">Comprehensive income attributable to the Company</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="us-gaap_StatementOfCashFlowsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US">Statement of Cash Flows [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US">Cash flows from operating activities:</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProfitLoss" xlink:to="us-gaap_ProfitLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProfitLoss_2_lbl" xml:lang="en-US">Net income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US">Adjustments to reconcile net income to net cash provided by operating activities:</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax" xlink:to="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_2_lbl" xml:lang="en-US">Income from discontinued operations, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="us-gaap_DepreciationDepletionAndAmortization" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepreciationDepletionAndAmortization" xlink:to="us-gaap_DepreciationDepletionAndAmortization_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xml:lang="en-US">Depreciation, depletion and amortization</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl" xml:lang="en-US">Deferred income taxes</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromEquityMethodInvestments" xlink:to="us-gaap_IncomeLossFromEquityMethodInvestments_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_2_lbl" xml:lang="en-US">Equity in loss of joint ventures</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" xlink:to="us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_2_lbl" xml:lang="en-US">Gain on remeasurement of investment in real estate partnership</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:to="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_lbl" xml:lang="en-US">Loss on sale of equipment and property</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllocatedShareBasedCompensationExpense" xlink:to="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xml:lang="en-US">Stock-based compensation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingAssetsAbstract" xlink:label="us-gaap_IncreaseDecreaseInOperatingAssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOperatingAssetsAbstract" xlink:to="us-gaap_IncreaseDecreaseInOperatingAssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOperatingAssetsAbstract_lbl" xml:lang="en-US">Net changes in operating assets and liabilities:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:to="us-gaap_IncreaseDecreaseInAccountsReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivable_lbl" xml:lang="en-US">Accounts receivable</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:to="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl" xml:lang="en-US">Deferred costs and other assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:to="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xml:lang="en-US">Accounts payable and accrued liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable" xlink:label="us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable" xlink:to="us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable_lbl" xml:lang="en-US">Income taxes payable and receivable</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities" xlink:label="us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities" xlink:to="us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities_lbl" xml:lang="en-US">Other long-term liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_lbl" xml:lang="en-US">Net cash provided by operating activities of continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations" xlink:label="us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations" xlink:to="us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations_lbl" xml:lang="en-US">Net cash provided by operating activities of discontinued operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xml:lang="en-US">Net cash provided by operating activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US">Cash flows from investing activities:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:to="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl" xml:lang="en-US">Investments in properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireInterestInJointVenture" xlink:label="us-gaap_PaymentsToAcquireInterestInJointVenture" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireInterestInJointVenture" xlink:to="us-gaap_PaymentsToAcquireInterestInJointVenture_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsToAcquireInterestInJointVenture_lbl" xml:lang="en-US">Investments in joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForProceedsFromProductiveAssets" xlink:label="us-gaap_PaymentsForProceedsFromProductiveAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForProceedsFromProductiveAssets" xlink:to="us-gaap_PaymentsForProceedsFromProductiveAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsForProceedsFromProductiveAssets_lbl" xml:lang="en-US">Proceeds from sale of assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAcquiredFromAcquisition" xlink:label="us-gaap_CashAcquiredFromAcquisition" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAcquiredFromAcquisition" xlink:to="us-gaap_CashAcquiredFromAcquisition_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAcquiredFromAcquisition_lbl" xml:lang="en-US">Cash at consolidation of real estate partnership</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInRestrictedCash" xlink:label="us-gaap_IncreaseDecreaseInRestrictedCash" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInRestrictedCash" xlink:to="us-gaap_IncreaseDecreaseInRestrictedCash_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInRestrictedCash_lbl" xml:lang="en-US">Cash held in escrow</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_lbl" xml:lang="en-US">Net cash used in investing activities of continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations" xlink:label="us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations" xlink:to="us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations_lbl" xml:lang="en-US">Net cash used in investing activities of discontinued operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xml:lang="en-US">Net cash used in investing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US">Cash flows from financing activities:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfBankOverdrafts" xlink:label="us-gaap_ProceedsFromRepaymentsOfBankOverdrafts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromRepaymentsOfBankOverdrafts" xlink:to="us-gaap_ProceedsFromRepaymentsOfBankOverdrafts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromRepaymentsOfBankOverdrafts_lbl" xml:lang="en-US">Decrease in bank overdrafts</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:label="us-gaap_ProceedsFromIssuanceOfLongTermDebt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:to="us-gaap_ProceedsFromIssuanceOfLongTermDebt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromIssuanceOfLongTermDebt_lbl" xml:lang="en-US">Proceeds from long-term debt</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="us-gaap_RepaymentsOfLongTermDebt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfLongTermDebt" xlink:to="us-gaap_RepaymentsOfLongTermDebt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_RepaymentsOfLongTermDebt_lbl" xml:lang="en-US">Repayment of long-term debt</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromLinesOfCredit" xlink:label="us-gaap_ProceedsFromLinesOfCredit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromLinesOfCredit" xlink:to="us-gaap_ProceedsFromLinesOfCredit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromLinesOfCredit_lbl" xml:lang="en-US">Proceeds from borrowing on revolving credit facility</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RepaymentsOfLinesOfCredit" xlink:label="us-gaap_RepaymentsOfLinesOfCredit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfLinesOfCredit" xlink:to="us-gaap_RepaymentsOfLinesOfCredit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_RepaymentsOfLinesOfCredit_lbl" xml:lang="en-US">Payment on revolving credit facility</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsOfDebtIssuanceCosts" xlink:label="us-gaap_PaymentsOfDebtIssuanceCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsOfDebtIssuanceCosts" xlink:to="us-gaap_PaymentsOfDebtIssuanceCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsOfDebtIssuanceCosts_lbl" xml:lang="en-US">Debt issue costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:to="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xml:lang="en-US">Repurchase of Company Stock</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:to="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_lbl" xml:lang="en-US">Excess tax benefits from exercises of stock options</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions" xlink:label="us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions" xlink:to="us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions_lbl" xml:lang="en-US">Exercise of employee stock options</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_lbl" xml:lang="en-US">Net cash (used in) provided by financing activities of continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations" xlink:label="us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations" xlink:to="us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations_lbl" xml:lang="en-US">Net cash used in financing activities of discontinued operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xml:lang="en-US">Net cash (used in) provided by financing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:to="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_lbl" xml:lang="en-US">Net increase in cash and cash equivalents</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_2_lbl" xml:lang="en-US">Cash and cash equivalents at beginning of period</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_3_lbl" xml:lang="en-US">Cash and cash equivalents at end of the period</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock" xlink:label="us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock" xlink:to="us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock_lbl" xml:lang="en-US">Basis of Presentation and Basis of Presentation</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_NotesToFinancialStatementsAbstract" xlink:label="FRPH_NotesToFinancialStatementsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_NotesToFinancialStatementsAbstract" xlink:to="FRPH_NotesToFinancialStatementsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_NotesToFinancialStatementsAbstract_lbl" xml:lang="en-US">Notes to Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:label="us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:to="us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_lbl" xml:lang="en-US">Recently Issued Accounting Standards</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentReportingAbstract" xlink:label="us-gaap_SegmentReportingAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingAbstract" xlink:to="us-gaap_SegmentReportingAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingAbstract_lbl" xml:lang="en-US">Segment Reporting [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingDisclosureTextBlock" xlink:to="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xml:lang="en-US">Business Segments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsAbstract" xlink:to="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_lbl" xml:lang="en-US">Related Party Transactions [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:to="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xml:lang="en-US">Related Party Transactions</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="us-gaap_DebtDisclosureAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtDisclosureAbstract" xlink:to="us-gaap_DebtDisclosureAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtDisclosureAbstract_lbl" xml:lang="en-US">Debt Disclosure [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtTextBlock" xlink:label="us-gaap_LongTermDebtTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtTextBlock" xlink:to="us-gaap_LongTermDebtTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtTextBlock_lbl" xml:lang="en-US">Long-Term Debt</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareAbstract" xlink:to="us-gaap_EarningsPerShareAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_EarningsPerShareAbstract_2_lbl" xml:lang="en-US">Earnings Per Share [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="us-gaap_EarningsPerShareTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareTextBlock" xlink:to="us-gaap_EarningsPerShareTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xml:lang="en-US">Earnings per Share</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_lbl" xml:lang="en-US">Disclosure of Compensation Related Costs, Share-based Payments [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock" xlink:label="us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock" xlink:to="us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock_lbl" xml:lang="en-US">Stock-Based Compensation Plans</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ContingentLiabilitiesTextBlock" xlink:label="FRPH_ContingentLiabilitiesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_ContingentLiabilitiesTextBlock" xlink:to="FRPH_ContingentLiabilitiesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_ContingentLiabilitiesTextBlock_lbl" xml:lang="en-US">Contingent liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RisksAndUncertaintiesAbstract" xlink:label="us-gaap_RisksAndUncertaintiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RisksAndUncertaintiesAbstract" xlink:to="us-gaap_RisksAndUncertaintiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RisksAndUncertaintiesAbstract_lbl" xml:lang="en-US">Risks and Uncertainties [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskDisclosureTextBlock" xlink:label="us-gaap_ConcentrationRiskDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskDisclosureTextBlock" xlink:to="us-gaap_ConcentrationRiskDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskDisclosureTextBlock_lbl" xml:lang="en-US">Concentrations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueDisclosuresAbstract" xlink:to="us-gaap_FairValueDisclosuresAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueDisclosuresAbstract_lbl" xml:lang="en-US">Fair Value Disclosures [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="us-gaap_FairValueDisclosuresTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueDisclosuresTextBlock" xlink:to="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xml:lang="en-US">Fair Value Measurements</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract" xlink:label="us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract" xlink:to="us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract_lbl" xml:lang="en-US">Equity Method Investments and Joint Ventures [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentsDisclosureTextBlock" xlink:label="us-gaap_EquityMethodInvestmentsDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentsDisclosureTextBlock" xlink:to="us-gaap_EquityMethodInvestmentsDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestmentsDisclosureTextBlock_lbl" xml:lang="en-US">Investment in Joint Ventures (Equity Method)</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverFrontInvestmentPartnersI_LLCtextTextBlock" xlink:label="FRPH_RiverFrontInvestmentPartnersI_LLCtextTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_RiverFrontInvestmentPartnersI_LLCtextTextBlock" xlink:to="FRPH_RiverFrontInvestmentPartnersI_LLCtextTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_RiverFrontInvestmentPartnersI_LLCtextTextBlock_lbl" xml:lang="en-US">Consolidation of RiverFront Investment Partners I, LLC.</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xlink:to="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_lbl" xml:lang="en-US">Business segments (in thousands)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfDebtInstrumentsTextBlock" xlink:label="us-gaap_ScheduleOfDebtInstrumentsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDebtInstrumentsTextBlock" xlink:to="us-gaap_ScheduleOfDebtInstrumentsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfDebtInstrumentsTextBlock_lbl" xml:lang="en-US">Long-term debt (in thousands)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:to="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xml:lang="en-US">Earnings per share (in thousands, except per share amounts)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock" xlink:label="us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock" xlink:to="us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock_lbl" xml:lang="en-US">Stock Compensation Expense (in thousands</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:label="us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:to="us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_lbl" xml:lang="en-US">Summary of Stock Activity (in thousands, except share and per share amounts)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentsTextBlock" xlink:label="us-gaap_EquityMethodInvestmentsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentsTextBlock" xlink:to="us-gaap_EquityMethodInvestmentsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestmentsTextBlock_lbl" xml:lang="en-US">Investments in Joint Ventures (in thousands)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestmentFinancialStatementsDisclosureTextBlock" xlink:label="us-gaap_RealEstateInvestmentFinancialStatementsDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateInvestmentFinancialStatementsDisclosureTextBlock" xlink:to="us-gaap_RealEstateInvestmentFinancialStatementsDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RealEstateInvestmentFinancialStatementsDisclosureTextBlock_lbl" xml:lang="en-US">Financial Information for the Investments in Joint Ventures (in thousands)</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverfrontHoldingsIncomeStatements" xlink:label="FRPH_RiverfrontHoldingsIncomeStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_RiverfrontHoldingsIncomeStatements" xlink:to="FRPH_RiverfrontHoldingsIncomeStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_RiverfrontHoldingsIncomeStatements_lbl" xml:lang="en-US">Income statements for Riverfront Holdings I, LLC (in thousands)</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverfrontBalanceSheetTableTableTextBlock" xlink:label="FRPH_RiverfrontBalanceSheetTableTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_RiverfrontBalanceSheetTableTableTextBlock" xlink:to="FRPH_RiverfrontBalanceSheetTableTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_RiverfrontBalanceSheetTableTableTextBlock_lbl" xml:lang="en-US">RiverFront remeasurement balance sheet</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementTable" xlink:to="us-gaap_StatementTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementTable_lbl" xml:lang="en-US">Statement [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementLineItems" xlink:to="us-gaap_StatementLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementLineItems_lbl" xml:lang="en-US">Statement [Line Items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementBusinessSegmentsAxis" xlink:to="us-gaap_StatementBusinessSegmentsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StatementBusinessSegmentsAxis_2_lbl" xml:lang="en-US">Segments [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="us-gaap_SegmentReportingInformationLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingInformationLineItems" xlink:to="us-gaap_SegmentReportingInformationLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingInformationLineItems_lbl" xml:lang="en-US">Segment Reporting Information [Line Items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Revenues" xlink:to="us-gaap_Revenues_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Revenues_2_lbl" xml:lang="en-US">Revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_OperatingProfitBeforeCorporateExpenses" xlink:label="FRPH_OperatingProfitBeforeCorporateExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_OperatingProfitBeforeCorporateExpenses" xlink:to="FRPH_OperatingProfitBeforeCorporateExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_OperatingProfitBeforeCorporateExpenses_lbl" xml:lang="en-US">Operating profit before corporate expenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingIncomeLoss_2_lbl" xml:lang="en-US">Operating profit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherGeneralAndAdministrativeExpense" xlink:label="us-gaap_OtherGeneralAndAdministrativeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherGeneralAndAdministrativeExpense" xlink:to="us-gaap_OtherGeneralAndAdministrativeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_OtherGeneralAndAdministrativeExpense_lbl" xml:lang="en-US">Corporate expenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpense" xlink:to="us-gaap_InterestExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestExpense_2_lbl" xml:lang="en-US">Interest expense</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease" xlink:label="us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease" xlink:to="us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease_lbl" xml:lang="en-US">Capital expenditures</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_4_lbl" xml:lang="en-US">Cash items</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Assets_2_lbl" xml:lang="en-US">Total identifiable net assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCredit" xlink:to="us-gaap_LineOfCredit_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LineOfCredit_2_lbl" xml:lang="en-US">Revolving credit agreements</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebt" xlink:label="us-gaap_LongTermDebt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebt" xlink:to="us-gaap_LongTermDebt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebt_lbl" xml:lang="en-US">5.6% to 7.9% mortgage notes due in installments through 2027</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConstructionLoanNoncurrent" xlink:label="us-gaap_ConstructionLoanNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConstructionLoanNoncurrent" xlink:to="us-gaap_ConstructionLoanNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConstructionLoanNoncurrent_lbl" xml:lang="en-US">RiverFront construction loan</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_SecondaryFinancing" xlink:label="FRPH_SecondaryFinancing" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_SecondaryFinancing" xlink:to="FRPH_SecondaryFinancing_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_SecondaryFinancing_lbl" xml:lang="en-US">RiverFront EB5 secondary financing</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtLongtermAndShorttermCombinedAmount" xlink:label="us-gaap_DebtLongtermAndShorttermCombinedAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtLongtermAndShorttermCombinedAmount" xlink:to="us-gaap_DebtLongtermAndShorttermCombinedAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtLongtermAndShorttermCombinedAmount_lbl" xml:lang="en-US">Total debt</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SecuredDebtCurrent" xlink:to="us-gaap_SecuredDebtCurrent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_SecuredDebtCurrent_2_lbl" xml:lang="en-US">Less portion due within one year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="us-gaap_LongTermDebtNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtNoncurrent" xlink:to="us-gaap_LongTermDebtNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtNoncurrent_lbl" xml:lang="en-US">Long-term debt</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareBasicAndDilutedAbstract" xlink:label="us-gaap_EarningsPerShareBasicAndDilutedAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasicAndDilutedAbstract" xlink:to="us-gaap_EarningsPerShareBasicAndDilutedAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareBasicAndDilutedAbstract_lbl" xml:lang="en-US">Earnings Per Share, Basic and Diluted [Abstract]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_2_lbl" xml:lang="en-US">Weighted average common shares outstanding during the period - shares used for basic earnings per common share</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:to="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_lbl" xml:lang="en-US">Common shares issuable under share based payment plans which are potentially dilutive</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:to="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_2_lbl" xml:lang="en-US">Common shares used for diluted earnings per common share</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax" xlink:to="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_3_lbl" xml:lang="en-US">Discontinued operations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLoss_2_lbl" xml:lang="en-US">Net income attributable to the Company</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_lbl" xml:lang="en-US">Options outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_lbl" xml:lang="en-US">Options granted</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_lbl" xml:lang="en-US">Options forfeited</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:to="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_lbl" xml:lang="en-US">Options exercised</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionGross" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionGross" xlink:to="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionGross_lbl" xml:lang="en-US">Spin-off conversion</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_lbl" xml:lang="en-US">Options outstanding weighted average exercise price</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_lbl" xml:lang="en-US">Options outstanding weighted average exercise price - Granted</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_lbl" xml:lang="en-US">Options outstanding weighted average exercise price - forfeited</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsModificationsInPeriodWeightedAverageExercisePrice" xlink:label="FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsModificationsInPeriodWeightedAverageExercisePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsModificationsInPeriodWeightedAverageExercisePrice" xlink:to="FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsModificationsInPeriodWeightedAverageExercisePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsModificationsInPeriodWeightedAverageExercisePrice_lbl" xml:lang="en-US">Options outstanding weighted average exercise price - modification</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_lbl" xml:lang="en-US">Options outstanding weighted average exercise price - Exercised</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageExercisePrice" xlink:label="FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageExercisePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageExercisePrice" xlink:to="FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageExercisePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageExercisePrice_lbl" xml:lang="en-US">Options outstanding weighted average exercise price - Spin-off conversion</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b" xlink:label="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b" xlink:to="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b_lbl" xml:lang="en-US">Options outstanding weighted average remaining term</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue" xlink:to="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue_lbl" xml:lang="en-US">Options outstanding weighted average grant date fair value</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1" xlink:to="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1_lbl" xml:lang="en-US">Options granted weighted average grant date fair value</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodWeightedAverageGrantDateFairValue" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodWeightedAverageGrantDateFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodWeightedAverageGrantDateFairValue" xlink:to="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodWeightedAverageGrantDateFairValue_lbl" xml:lang="en-US">Options forfeited weighted average grant date fair value</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue" xlink:to="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue_lbl" xml:lang="en-US">Options modified weighted average grant date fair value</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue" xlink:to="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue_lbl" xml:lang="en-US">Options exercised weighted average grant date fair value</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffAdjustmentWeightedAverageGrantDateFairValue1" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffAdjustmentWeightedAverageGrantDateFairValue1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffAdjustmentWeightedAverageGrantDateFairValue1" xlink:to="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffAdjustmentWeightedAverageGrantDateFairValue1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffAdjustmentWeightedAverageGrantDateFairValue1_lbl" xml:lang="en-US">Options Spin-off adjustment weighted average grant date fair value</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageGrantDateFairValue1" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageGrantDateFairValue1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageGrantDateFairValue1" xlink:to="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageGrantDateFairValue1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageGrantDateFairValue1_lbl" xml:lang="en-US">Options Spin-off conversion weighted average grant date fair value</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_lbl" xml:lang="en-US">Options exercisable at September 30, 2017</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_lbl" xml:lang="en-US">Options exerciseable weighted average exercise price</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm3" xlink:label="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm3" xlink:to="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm3_lbl" xml:lang="en-US">Options exerciseable weighted average remaining term</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue" xlink:to="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue_lbl" xml:lang="en-US">Options exerciseable weighted average grant date fair value</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares_lbl" xml:lang="en-US">Options vested during nine months ended September 30, 2017</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1_lbl" xml:lang="en-US">Options vested weighted average grant date fair value</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="us-gaap_ShareBasedCompensation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensation" xlink:to="us-gaap_ShareBasedCompensation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensation_lbl" xml:lang="en-US">Stock option grants</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:to="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xml:lang="en-US">Annual director stock award</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllocatedShareBasedCompensationExpense" xlink:to="us-gaap_AllocatedShareBasedCompensationExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_2_lbl" xml:lang="en-US">Stock based compensation expense</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstatePropertiesAxis" xlink:label="us-gaap_RealEstatePropertiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstatePropertiesAxis" xlink:to="us-gaap_RealEstatePropertiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RealEstatePropertiesAxis_lbl" xml:lang="en-US">Real Estate Property Ownership [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:to="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage_lbl" xml:lang="en-US">Ownership percent</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="us-gaap_EquityMethodInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestments" xlink:to="us-gaap_EquityMethodInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestments_lbl" xml:lang="en-US">Total Investment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets" xlink:label="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets" xlink:to="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets_lbl" xml:lang="en-US">Total Assets of the Partnership</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent" xlink:label="us-gaap_NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent" xlink:to="us-gaap_NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent_lbl" xml:lang="en-US">Net Loss of the Partnership</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromEquityMethodInvestments" xlink:to="us-gaap_IncomeLossFromEquityMethodInvestments_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_3_lbl" xml:lang="en-US">Company's share of Net Loss of the Partnership</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash" xlink:to="FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash_lbl" xml:lang="en-US">Cash</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash" xlink:to="FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash_lbl" xml:lang="en-US">Cash held in escrow</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable" xlink:to="FRPH_EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable_lbl" xml:lang="en-US">Accounts receivable</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationPrepaidExpenses" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationPrepaidExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_EquityMethodInvestmentSummarizedFinancialInformationPrepaidExpenses" xlink:to="FRPH_EquityMethodInvestmentSummarizedFinancialInformationPrepaidExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationPrepaidExpenses_lbl" xml:lang="en-US">Prepaid expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet" xlink:to="FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet_lbl" xml:lang="en-US">Investments in real estate, net</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_EquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts" xlink:to="FRPH_EquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts_lbl" xml:lang="en-US">Amortizable debt costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities" xlink:label="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities" xlink:to="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities_lbl" xml:lang="en-US">Other liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt" xlink:to="FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt_lbl" xml:lang="en-US">Long-term debt</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestments" xlink:to="us-gaap_EquityMethodInvestments_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_EquityMethodInvestments_2_lbl" xml:lang="en-US">Capital - FRP</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest" xlink:label="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest" xlink:to="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest_lbl" xml:lang="en-US">Capital - Third parties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity" xlink:label="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity" xlink:to="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity_lbl" xml:lang="en-US">Total liabilities and capital</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue" xlink:label="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue" xlink:to="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_lbl" xml:lang="en-US">Rental revenue</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ReimbursementRevenue" xlink:label="us-gaap_ReimbursementRevenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReimbursementRevenue" xlink:to="us-gaap_ReimbursementRevenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReimbursementRevenue_lbl" xml:lang="en-US">Revenue - Reimbursements</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Revenues" xlink:to="us-gaap_Revenues_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_Revenues_3_lbl" xml:lang="en-US">Total revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DepreciationAndAmortization" xlink:label="us-gaap_DepreciationAndAmortization" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepreciationAndAmortization" xlink:to="us-gaap_DepreciationAndAmortization_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DepreciationAndAmortization_lbl" xml:lang="en-US">Depreciation and amortization</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingExpenses" xlink:to="us-gaap_OperatingExpenses_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingExpenses_2_lbl" xml:lang="en-US">Total cost of operations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OperatingIncomeLoss_3_lbl" xml:lang="en-US">Total operating profit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss" xlink:label="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss" xlink:to="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss_lbl" xml:lang="en-US">Net loss of the Partnership</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="us-gaap_PropertyPlantAndEquipmentNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentNet" xlink:to="us-gaap_PropertyPlantAndEquipmentNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xml:lang="en-US">Building and improvements, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases" xlink:label="us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases" xlink:to="us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases_lbl" xml:lang="en-US">Value of leases in place</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_5_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_5_lbl" xml:lang="en-US">Cash</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsReceivableNetCurrent" xlink:to="us-gaap_AccountsReceivableNetCurrent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AccountsReceivableNetCurrent_2_lbl" xml:lang="en-US">Accounts receivable</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PrepaidExpenseAndOtherAssets" xlink:label="us-gaap_PrepaidExpenseAndOtherAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PrepaidExpenseAndOtherAssets" xlink:to="us-gaap_PrepaidExpenseAndOtherAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PrepaidExpenseAndOtherAssets_lbl" xml:lang="en-US">Prepaid expenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_Assets_3_lbl" xml:lang="en-US">Total Assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebt" xlink:to="us-gaap_LongTermDebt_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LongTermDebt_2_lbl" xml:lang="en-US">Long-term Debt</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UnamortizedDebtIssuanceExpense" xlink:label="us-gaap_UnamortizedDebtIssuanceExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnamortizedDebtIssuanceExpense" xlink:to="us-gaap_UnamortizedDebtIssuanceExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_UnamortizedDebtIssuanceExpense_lbl" xml:lang="en-US">Amortizable debt costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="us-gaap_OtherLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLiabilities" xlink:to="us-gaap_OtherLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OtherLiabilities_lbl" xml:lang="en-US">Other liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestments" xlink:to="us-gaap_EquityMethodInvestments_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_EquityMethodInvestments_3_lbl" xml:lang="en-US">Equity &#8211; FRP</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest" xlink:to="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest_2_lbl" xml:lang="en-US">Equity - MRP</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_2_lbl" xml:lang="en-US">Total Liabilities and Capital</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RecentlyIssuedAccountingStandardsDetailsNarrativeAbstract" xlink:label="FRPH_RecentlyIssuedAccountingStandardsDetailsNarrativeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_RecentlyIssuedAccountingStandardsDetailsNarrativeAbstract" xlink:to="FRPH_RecentlyIssuedAccountingStandardsDetailsNarrativeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_RecentlyIssuedAccountingStandardsDetailsNarrativeAbstract_lbl" xml:lang="en-US">Recently Issued Accounting Standards Details Narrative</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities" xlink:to="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_lbl" xml:lang="en-US">Reduction of income tax expense from windfall gains on stock option exercises</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NumberOfReportableSegments" xlink:label="us-gaap_NumberOfReportableSegments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NumberOfReportableSegments" xlink:to="us-gaap_NumberOfReportableSegments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NumberOfReportableSegments_lbl" xml:lang="en-US">Reportable business segments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AreaOfLand" xlink:label="us-gaap_AreaOfLand" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AreaOfLand" xlink:to="us-gaap_AreaOfLand_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AreaOfLand_lbl" xml:lang="en-US">Mining royalty lands acres</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AreaOfRealEstateProperty" xlink:label="us-gaap_AreaOfRealEstateProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AreaOfRealEstateProperty" xlink:to="us-gaap_AreaOfRealEstateProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AreaOfRealEstateProperty_lbl" xml:lang="en-US">Square feet</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_PercentLeasedAndOccupied" xlink:label="FRPH_PercentLeasedAndOccupied" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_PercentLeasedAndOccupied" xlink:to="FRPH_PercentLeasedAndOccupied_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_PercentLeasedAndOccupied_lbl" xml:lang="en-US">Stabilization percent leased and occupied</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty" xlink:label="us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty" xlink:to="us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty_lbl" xml:lang="en-US">Charges/allocation related to Transition Services Agreement with Patriot</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtDescription" xlink:label="us-gaap_LongTermDebtDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtDescription" xlink:to="us-gaap_LongTermDebtDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtDescription_lbl" xml:lang="en-US">Mortgage interest description</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_LineOfCreditFacilityAgreementTerm" xlink:label="FRPH_LineOfCreditFacilityAgreementTerm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_LineOfCreditFacilityAgreementTerm" xlink:to="FRPH_LineOfCreditFacilityAgreementTerm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_LineOfCreditFacilityAgreementTerm_lbl" xml:lang="en-US">Credit Agreement term years</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:to="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xml:lang="en-US">Revolving Credit Agreement</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_LineOfCreditStandbyLettersOfCreditSublimit" xlink:label="FRPH_LineOfCreditStandbyLettersOfCreditSublimit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_LineOfCreditStandbyLettersOfCreditSublimit" xlink:to="FRPH_LineOfCreditStandbyLettersOfCreditSublimit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_LineOfCreditStandbyLettersOfCreditSublimit_lbl" xml:lang="en-US">Sublimit for standby letters of credit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount" xlink:label="us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount" xlink:to="us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_lbl" xml:lang="en-US">Term loan facility</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription" xlink:label="us-gaap_LineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription" xlink:to="us-gaap_LineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription_lbl" xml:lang="en-US">Revolver conversion to term loan</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LettersOfCreditOutstandingAmount" xlink:label="us-gaap_LettersOfCreditOutstandingAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LettersOfCreditOutstandingAmount" xlink:to="us-gaap_LettersOfCreditOutstandingAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LettersOfCreditOutstandingAmount_lbl" xml:lang="en-US">Letters of credit issued</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding" xlink:label="us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding" xlink:to="us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding_lbl" xml:lang="en-US">Borrowed under the revolver</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:label="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:to="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_lbl" xml:lang="en-US">Available for borrowing</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MinimumNetWorthRequiredForCompliance" xlink:label="us-gaap_MinimumNetWorthRequiredForCompliance" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MinimumNetWorthRequiredForCompliance" xlink:to="us-gaap_MinimumNetWorthRequiredForCompliance_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MinimumNetWorthRequiredForCompliance_lbl" xml:lang="en-US">Tangible net worth covenant</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements" xlink:label="us-gaap_AmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements" xlink:to="us-gaap_AmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements_lbl" xml:lang="en-US">Available to pay dividends or repurchase stock</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestCostsCapitalized" xlink:label="us-gaap_InterestCostsCapitalized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestCostsCapitalized" xlink:to="us-gaap_InterestCostsCapitalized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestCostsCapitalized_lbl" xml:lang="en-US">Capitalized interest</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityInterestRateDescription" xlink:label="us-gaap_LineOfCreditFacilityInterestRateDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityInterestRateDescription" xlink:to="us-gaap_LineOfCreditFacilityInterestRateDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityInterestRateDescription_lbl" xml:lang="en-US">Revolver interest over LIBOR</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:label="us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:to="us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_lbl" xml:lang="en-US">Commitment fee</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityCovenantCompliance" xlink:label="us-gaap_LineOfCreditFacilityCovenantCompliance" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityCovenantCompliance" xlink:to="us-gaap_LineOfCreditFacilityCovenantCompliance_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityCovenantCompliance_lbl" xml:lang="en-US">Compliance with Covenants</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:to="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xml:lang="en-US">Interest rate over LIBOR</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_InterestRateMaturitiesUpToYearFive" xlink:label="FRPH_InterestRateMaturitiesUpToYearFive" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_InterestRateMaturitiesUpToYearFive" xlink:to="FRPH_InterestRateMaturitiesUpToYearFive_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_InterestRateMaturitiesUpToYearFive_lbl" xml:lang="en-US">Interest rate to year five</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_InterestRateGreaterThanFiveYears" xlink:label="FRPH_InterestRateGreaterThanFiveYears" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_InterestRateGreaterThanFiveYears" xlink:to="FRPH_InterestRateGreaterThanFiveYears_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_InterestRateGreaterThanFiveYears_lbl" xml:lang="en-US">Interest rate greater than five years</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_MaturityExtensionModification1" xlink:label="FRPH_MaturityExtensionModification1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_MaturityExtensionModification1" xlink:to="FRPH_MaturityExtensionModification1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_MaturityExtensionModification1_lbl" xml:lang="en-US">Extension term description</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtInstrumentCovenantDescription" xlink:label="us-gaap_DebtInstrumentCovenantDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentCovenantDescription" xlink:to="us-gaap_DebtInstrumentCovenantDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentCovenantDescription_lbl" xml:lang="en-US">Debt service ratio</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentTerms" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentTerms" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentTerms" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentTerms_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentTerms_lbl" xml:lang="en-US">Repay or Redeem</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:to="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xml:lang="en-US">Anti-dilutive shares</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_StockOptionPlans" xlink:label="FRPH_StockOptionPlans" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_StockOptionPlans" xlink:to="FRPH_StockOptionPlans_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_StockOptionPlans_lbl" xml:lang="en-US">Number of stock option plans</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_lbl" xml:lang="en-US">Options expire from date of grant</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights_lbl" xml:lang="en-US">Exercisable installments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_lbl" xml:lang="en-US">Shares available for future issuance</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_lbl" xml:lang="en-US">Aggregate intrinsic value of exercisable in-the-money options</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_lbl" xml:lang="en-US">Aggregate intrinsic value of outstanding in-the-money options</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharePrice" xlink:label="us-gaap_SharePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharePrice" xlink:to="us-gaap_SharePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharePrice_lbl" xml:lang="en-US">Market close price</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions" xlink:to="us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions_lbl" xml:lang="en-US">Realized tax benefit from options exercised</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:to="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_lbl" xml:lang="en-US">Total unrecognized compensation cost of options granted but not yet vested</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2" xlink:label="FRPH_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2" xlink:to="FRPH_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2_lbl" xml:lang="en-US">Weighted average period for compensation to be recognized</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders" xlink:label="FRPH_EmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_EmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders" xlink:to="FRPH_EmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_EmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders_lbl" xml:lang="en-US">Gains realized by option holders</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum_lbl" xml:lang="en-US">Expected minimum volatility</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum_lbl" xml:lang="en-US">Expected maximum volatility</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum_lbl" xml:lang="en-US">Risk-free interest rate minimum</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum_lbl" xml:lang="en-US">Risk-free interest rate maximum</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum" xlink:label="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum" xlink:to="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum_lbl" xml:lang="en-US">Expected life minimum</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum" xlink:label="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum" xlink:to="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum_lbl" xml:lang="en-US">Expecited life maximum</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_lbl" xml:lang="en-US">Dividend yield</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost_lbl" xml:lang="en-US">Modification stock compensation expense</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ContingentLiabilitiesDetailsNarrativeAbstract" xlink:label="FRPH_ContingentLiabilitiesDetailsNarrativeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_ContingentLiabilitiesDetailsNarrativeAbstract" xlink:to="FRPH_ContingentLiabilitiesDetailsNarrativeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_ContingentLiabilitiesDetailsNarrativeAbstract_lbl" xml:lang="en-US">Contingent Liabilities Details Narrative</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LossContingencyEstimateOfPossibleLoss" xlink:label="us-gaap_LossContingencyEstimateOfPossibleLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LossContingencyEstimateOfPossibleLoss" xlink:to="us-gaap_LossContingencyEstimateOfPossibleLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LossContingencyEstimateOfPossibleLoss_lbl" xml:lang="en-US">Cap on environment financial responsibility</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_CostofRemediation" xlink:label="FRPH_CostofRemediation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_CostofRemediation" xlink:to="FRPH_CostofRemediation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_CostofRemediation_lbl" xml:lang="en-US">Total cost of remediation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EnvironmentalCostsRecognizedRecoveryCreditedToExpense" xlink:label="us-gaap_EnvironmentalCostsRecognizedRecoveryCreditedToExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EnvironmentalCostsRecognizedRecoveryCreditedToExpense" xlink:to="us-gaap_EnvironmentalCostsRecognizedRecoveryCreditedToExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EnvironmentalCostsRecognizedRecoveryCreditedToExpense_lbl" xml:lang="en-US">Environmental remediation recovery</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskPercentage1" xlink:label="us-gaap_ConcentrationRiskPercentage1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskPercentage1" xlink:to="us-gaap_ConcentrationRiskPercentage1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskPercentage1_lbl" xml:lang="en-US">Customer revenue concentration</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="us-gaap_AccountsReceivableNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsReceivableNet" xlink:to="us-gaap_AccountsReceivableNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsReceivableNet_lbl" xml:lang="en-US">Accounts receivable concentration</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_NumberOfTenants" xlink:label="FRPH_NumberOfTenants" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_NumberOfTenants" xlink:to="FRPH_NumberOfTenants_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_NumberOfTenants_lbl" xml:lang="en-US">Tenants leasing mining locations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsFairValueDisclosureRecurring" xlink:label="us-gaap_AssetsFairValueDisclosureRecurring" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsFairValueDisclosureRecurring" xlink:to="us-gaap_AssetsFairValueDisclosureRecurring_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsFairValueDisclosureRecurring_lbl" xml:lang="en-US">Assets measured at fair value on a recurring basis</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureRecurring" xlink:label="us-gaap_LiabilitiesFairValueDisclosureRecurring" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesFairValueDisclosureRecurring" xlink:to="us-gaap_LiabilitiesFairValueDisclosureRecurring_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesFairValueDisclosureRecurring_lbl" xml:lang="en-US">Liabilities measured at fair value on a recurring basis</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="us-gaap_AssetsFairValueDisclosureNonrecurring" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:to="us-gaap_AssetsFairValueDisclosureNonrecurring_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsFairValueDisclosureNonrecurring_lbl" xml:lang="en-US">Assets measured at fair value on a non-recurring basis</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="us-gaap_LiabilitiesFairValueDisclosureNonrecurring" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:to="us-gaap_LiabilitiesFairValueDisclosureNonrecurring_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesFairValueDisclosureNonrecurring_lbl" xml:lang="en-US">Liabilities measured at fair value on a non-recurring basis</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="us-gaap_DebtInstrumentCarryingAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentCarryingAmount" xlink:to="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xml:lang="en-US">Carrying amount of other long-term debt</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="us-gaap_LongTermDebtFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtFairValue" xlink:to="us-gaap_LongTermDebtFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtFairValue_lbl" xml:lang="en-US">Fair value of other long-term debt</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AreaOfLand" xlink:to="us-gaap_AreaOfLand_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AreaOfLand_2_lbl" xml:lang="en-US">Land acreage</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ContributionOfProperty" xlink:label="us-gaap_ContributionOfProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ContributionOfProperty" xlink:to="us-gaap_ContributionOfProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ContributionOfProperty_lbl" xml:lang="en-US">Value of land contributed</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:to="us-gaap_EquityMethodInvestmentOwnershipPercentage_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_EquityMethodInvestmentOwnershipPercentage_2_lbl" xml:lang="en-US">Joint venture percentage stake</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherOwnershipInterestsValue" xlink:label="us-gaap_OtherOwnershipInterestsValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherOwnershipInterestsValue" xlink:to="us-gaap_OtherOwnershipInterestsValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherOwnershipInterestsValue_lbl" xml:lang="en-US">Other ownership capital contribution</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentDividendsOrDistributions" xlink:label="us-gaap_EquityMethodInvestmentDividendsOrDistributions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentDividendsOrDistributions" xlink:to="us-gaap_EquityMethodInvestmentDividendsOrDistributions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestmentDividendsOrDistributions_lbl" xml:lang="en-US">Distribution received</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AreaofLandContributed" xlink:label="FRPH_AreaofLandContributed" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_AreaofLandContributed" xlink:to="FRPH_AreaofLandContributed_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_AreaofLandContributed_lbl" xml:lang="en-US">Acres conributed</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AreaOfLandContributedStJohn" xlink:label="FRPH_AreaOfLandContributedStJohn" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_AreaOfLandContributedStJohn" xlink:to="FRPH_AreaOfLandContributedStJohn_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_AreaOfLandContributedStJohn_lbl" xml:lang="en-US">St Johns land contribution</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_LeaseholdInterest" xlink:label="FRPH_LeaseholdInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_LeaseholdInterest" xlink:to="FRPH_LeaseholdInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_LeaseholdInterest_lbl" xml:lang="en-US">Vulcan leasehold interest</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ContributionofLand2" xlink:label="FRPH_ContributionofLand2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_ContributionofLand2" xlink:to="FRPH_ContributionofLand2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_ContributionofLand2_lbl" xml:lang="en-US">Book value of land contribution</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireLand" xlink:label="us-gaap_PaymentsToAcquireLand" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireLand" xlink:to="us-gaap_PaymentsToAcquireLand_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquireLand_lbl" xml:lang="en-US">FRP additional contribution for land</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AreaOfLandAcquired" xlink:label="FRPH_AreaOfLandAcquired" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_AreaOfLandAcquired" xlink:to="FRPH_AreaOfLandAcquired_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_AreaOfLandAcquired_lbl" xml:lang="en-US">Additional land acquired</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromEquityMethodInvestments" xlink:to="us-gaap_IncomeLossFromEquityMethodInvestments_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="us-gaap_IncomeLossFromEquityMethodInvestments_4_lbl" xml:lang="en-US">Company's share of the loss of the joint venture</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RetainedEarningsUndistributedEarningsFromEquityMethodInvestees" xlink:label="us-gaap_RetainedEarningsUndistributedEarningsFromEquityMethodInvestees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsUndistributedEarningsFromEquityMethodInvestees" xlink:to="us-gaap_RetainedEarningsUndistributedEarningsFromEquityMethodInvestees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_RetainedEarningsUndistributedEarningsFromEquityMethodInvestees_lbl" xml:lang="en-US">Joint Venture consolidated retained earnings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetRentableArea" xlink:label="us-gaap_NetRentableArea" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetRentableArea" xlink:to="us-gaap_NetRentableArea_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetRentableArea_lbl" xml:lang="en-US">Retail square feet</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AreaofLandtoDevelop" xlink:label="FRPH_AreaofLandtoDevelop" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_AreaofLandtoDevelop" xlink:to="FRPH_AreaofLandtoDevelop_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_AreaofLandtoDevelop_lbl" xml:lang="en-US">Area of land to develop</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireEquityMethodInvestments" xlink:label="us-gaap_PaymentsToAcquireEquityMethodInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireEquityMethodInvestments" xlink:to="us-gaap_PaymentsToAcquireEquityMethodInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquireEquityMethodInvestments_lbl" xml:lang="en-US">Cash contributed</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_CapitalContribution" xlink:label="FRPH_CapitalContribution" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_CapitalContribution" xlink:to="FRPH_CapitalContribution_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_CapitalContribution_lbl" xml:lang="en-US">Capital contribution</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_SecondaryFinancing" xlink:to="FRPH_SecondaryFinancing_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="FRPH_SecondaryFinancing_2_lbl" xml:lang="en-US">EB5 Secondary financing</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConstructionLoanNoncurrent" xlink:to="us-gaap_ConstructionLoanNoncurrent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ConstructionLoanNoncurrent_2_lbl" xml:lang="en-US">Nonrecourse construction loan</link:label>
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_PercentUnitsLeased" xlink:label="FRPH_PercentUnitsLeased" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_PercentUnitsLeased" xlink:to="FRPH_PercentUnitsLeased_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_PercentUnitsLeased_lbl" xml:lang="en-US">Units leased</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" xlink:to="us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_3_lbl" xml:lang="en-US">Gain on remeasurement of investment of real estate partnership</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash" xlink:to="FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash_doc" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Cash</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash" xlink:to="FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash_doc" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Escrow Cash</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet" xlink:to="FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet_doc" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Investments in real estate, net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateInvestmentPropertyAtCost" xlink:to="us-gaap_RealEstateInvestmentPropertyAtCost_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RealEstateInvestmentPropertyAtCost_2_lbl" xml:lang="en-US">Real Estate Investment Property, at Cost</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateInvestmentPropertyNet" xlink:to="us-gaap_RealEstateInvestmentPropertyNet_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RealEstateInvestmentPropertyNet_2_lbl" xml:lang="en-US">Real Estate Investment Property, Net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateInvestments" xlink:to="us-gaap_RealEstateInvestments_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RealEstateInvestments_2_lbl" xml:lang="en-US">Real Estate Investments, Net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Liabilities_2_lbl" xml:lang="en-US">Liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquity_2_lbl" xml:lang="en-US">Stockholders' Equity Attributable to Parent</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_2_lbl" xml:lang="en-US">Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:to="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_2_lbl" xml:lang="en-US">Income (Loss) from Continuing Operations before Income Taxes, Domestic</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComprehensiveIncomeNetOfTax" xlink:to="us-gaap_ComprehensiveIncomeNetOfTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax_2_lbl" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Attributable to Parent</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepreciationDepletionAndAmortization" xlink:to="us-gaap_DepreciationDepletionAndAmortization_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DepreciationDepletionAndAmortization_2_lbl" xml:lang="en-US">Depreciation, Depletion and Amortization</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredIncomeTaxExpenseBenefit_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_2_lbl" xml:lang="en-US">Deferred Income Tax Expense (Benefit)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:to="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_2_lbl" xml:lang="en-US">Gain (Loss) on Disposition of Property Plant Equipment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:to="us-gaap_IncreaseDecreaseInAccountsReceivable_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivable_2_lbl" xml:lang="en-US">Increase (Decrease) in Accounts Receivable</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:to="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_2_lbl" xml:lang="en-US">Increase (Decrease) in Prepaid Expense and Other Assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:to="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2_lbl" xml:lang="en-US">Increase (Decrease) in Accounts Payable and Accrued Liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:to="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_2_lbl" xml:lang="en-US">Payments to Acquire Property, Plant, and Equipment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireInterestInJointVenture" xlink:to="us-gaap_PaymentsToAcquireInterestInJointVenture_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquireInterestInJointVenture_2_lbl" xml:lang="en-US">Payments to Acquire Interest in Joint Venture</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInRestrictedCash" xlink:to="us-gaap_IncreaseDecreaseInRestrictedCash_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInRestrictedCash_2_lbl" xml:lang="en-US">Increase (Decrease) in Restricted Cash</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfLongTermDebt" xlink:to="us-gaap_RepaymentsOfLongTermDebt_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RepaymentsOfLongTermDebt_2_lbl" xml:lang="en-US">Repayments of Long-term Debt</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfLinesOfCredit" xlink:to="us-gaap_RepaymentsOfLinesOfCredit_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RepaymentsOfLinesOfCredit_2_lbl" xml:lang="en-US">Repayments of Lines of Credit</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsOfDebtIssuanceCosts" xlink:to="us-gaap_PaymentsOfDebtIssuanceCosts_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsOfDebtIssuanceCosts_2_lbl" xml:lang="en-US">Payments of Debt Issuance Costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:to="us-gaap_PaymentsForRepurchaseOfCommonStock_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_2_lbl" xml:lang="en-US">Payments for Repurchase of Common Stock</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:to="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_2_lbl" xml:lang="en-US">Cash and Cash Equivalents, Period Increase (Decrease)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherGeneralAndAdministrativeExpense" xlink:to="us-gaap_OtherGeneralAndAdministrativeExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherGeneralAndAdministrativeExpense_2_lbl" xml:lang="en-US">Other General and Administrative Expense</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_2_lbl" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:to="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_2_lbl" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue" xlink:to="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue_2_lbl" xml:lang="en-US">ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue" xlink:to="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue_2_lbl" xml:lang="en-US">ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash" xlink:to="FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash_3_lbl" xml:lang="en-US">EquityMethodInvestmentSummarizedFinancialInformationEscrowCash</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_EquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts" xlink:to="FRPH_EquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts_2_lbl" xml:lang="en-US">EquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt" xlink:to="FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt_2_lbl" xml:lang="en-US">EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue" xlink:to="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue_2_lbl" xml:lang="en-US">Equity Method Investment, Summarized Financial Information, Revenue</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PrepaidExpenseAndOtherAssets" xlink:to="us-gaap_PrepaidExpenseAndOtherAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PrepaidExpenseAndOtherAssets_2_lbl" xml:lang="en-US">Prepaid Expense and Other Assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnamortizedDebtIssuanceExpense" xlink:to="us-gaap_UnamortizedDebtIssuanceExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnamortizedDebtIssuanceExpense_2_lbl" xml:lang="en-US">Unamortized Debt Issuance Expense</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLiabilities" xlink:to="us-gaap_OtherLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherLiabilities_2_lbl" xml:lang="en-US">Other Liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsUndistributedEarningsFromEquityMethodInvestees" xlink:to="us-gaap_RetainedEarningsUndistributedEarningsFromEquityMethodInvestees_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RetainedEarningsUndistributedEarningsFromEquityMethodInvestees_2_lbl" xml:lang="en-US">Retained Earnings, Undistributed Earnings from Equity Method Investees</link:label>
    </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>13
<FILENAME>frph-20170930_pre.xml
<DESCRIPTION>XBRL PRESENTATION FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 4.20a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.co -->
    <!-- Field: Doc-Info; Name: Source; Value: frph10qsep17.xfr; Date: 2017%2D11%2D08T20:13:00Z -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x80060000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef roleURI="http://frpholdings.com/role/DocumentAndEntityInformation" xlink:href="frph-20170930.xsd#DocumentAndEntityInformation" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BalanceSheets" xlink:href="frph-20170930.xsd#BalanceSheets" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BalanceSheetsParenthetical" xlink:href="frph-20170930.xsd#BalanceSheetsParenthetical" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/StatementsOfIncome" xlink:href="frph-20170930.xsd#StatementsOfIncome" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/StatementsOfComprehensiveIncome" xlink:href="frph-20170930.xsd#StatementsOfComprehensiveIncome" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/StatementsOfCashFlows" xlink:href="frph-20170930.xsd#StatementsOfCashFlows" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/DescriptionOfBusinessAndBasisOfPresentation" xlink:href="frph-20170930.xsd#DescriptionOfBusinessAndBasisOfPresentation" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/RecentlyIssuedAccountingStandards" xlink:href="frph-20170930.xsd#RecentlyIssuedAccountingStandards" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BusinessSegments" xlink:href="frph-20170930.xsd#BusinessSegments" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/RelatedPartyTransactions" xlink:href="frph-20170930.xsd#RelatedPartyTransactions" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Long-termDebt" xlink:href="frph-20170930.xsd#Long-termDebt" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/EarningsPerShare" xlink:href="frph-20170930.xsd#EarningsPerShare" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Stock-basedCompensationPlans" xlink:href="frph-20170930.xsd#Stock-basedCompensationPlans" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ContingentLiabilities" xlink:href="frph-20170930.xsd#ContingentLiabilities" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Concentrations" xlink:href="frph-20170930.xsd#Concentrations" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/FairValueMeasurements" xlink:href="frph-20170930.xsd#FairValueMeasurements" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/InvestmentInJointVenturesEquityMethod" xlink:href="frph-20170930.xsd#InvestmentInJointVenturesEquityMethod" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc." xlink:href="frph-20170930.xsd#ConsolidationOfRiverfrontInvestmentPartnersILlc." xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BusinessSegmentsTables" xlink:href="frph-20170930.xsd#BusinessSegmentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Long-termDebtTables" xlink:href="frph-20170930.xsd#Long-termDebtTables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/EarningsPerShareTables" xlink:href="frph-20170930.xsd#EarningsPerShareTables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Stock-basedCompensationPlansTables" xlink:href="frph-20170930.xsd#Stock-basedCompensationPlansTables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/InvestmentInJointVenturesTables" xlink:href="frph-20170930.xsd#InvestmentInJointVenturesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.Tables" xlink:href="frph-20170930.xsd#ConsolidationOfRiverfrontInvestmentPartnersILlc.Tables" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BusinessSegments-BusinessSegmentsDetails" xlink:href="frph-20170930.xsd#BusinessSegments-BusinessSegmentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Long-termDebtDetails" xlink:href="frph-20170930.xsd#Long-termDebtDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/EarningsPerShareDetails" xlink:href="frph-20170930.xsd#EarningsPerShareDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/SummaryOfStockActivityDetails" xlink:href="frph-20170930.xsd#SummaryOfStockActivityDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/StockCompensationExpenseDetails" xlink:href="frph-20170930.xsd#StockCompensationExpenseDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/InvestmentsInJointVenturesDetails" xlink:href="frph-20170930.xsd#InvestmentsInJointVenturesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.-RiverfrontRemeasurementBalanceSheetDetails" xlink:href="frph-20170930.xsd#ConsolidationOfRiverfrontInvestmentPartnersILlc.-RiverfrontRemeasurementBalanceSheetDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/RecentlyIssuedAccountingStandardsDetailsNarrative" xlink:href="frph-20170930.xsd#RecentlyIssuedAccountingStandardsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/BusinessSegmentsDetailsNarrative" xlink:href="frph-20170930.xsd#BusinessSegmentsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/RelatedPartyTransactionsDetailsNarrative" xlink:href="frph-20170930.xsd#RelatedPartyTransactionsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Long-termDebtDetailsNarrative" xlink:href="frph-20170930.xsd#Long-termDebtDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/EarningsPerShareDetailsNarrative" xlink:href="frph-20170930.xsd#EarningsPerShareDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/Stock-basedCompensationPlansDetailsNarrative" xlink:href="frph-20170930.xsd#Stock-basedCompensationPlansDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ContingentLiabilitiesDetailsNarrative" xlink:href="frph-20170930.xsd#ContingentLiabilitiesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ConcentrationsDetailsNarrative" xlink:href="frph-20170930.xsd#ConcentrationsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/FairValueMeasurementsDetailsNarrative" xlink:href="frph-20170930.xsd#FairValueMeasurementsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/InvestmentsInJointVenturesDetailsNarrative" xlink:href="frph-20170930.xsd#InvestmentsInJointVenturesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.DetailsNarrative" xlink:href="frph-20170930.xsd#ConsolidationOfRiverfrontInvestmentPartnersILlc.DetailsNarrative" xlink:type="simple" />
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/DocumentAndEntityInformation" xlink:title="00000001 - Document - Document and Entity Information">
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_DocumentAndEntityInformationAbstract" xlink:label="loc_FRPHDocumentAndEntityInformationAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_deiEntityRegistrantName" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHDocumentAndEntityInformationAbstract" xlink:to="loc_deiEntityRegistrantName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_deiEntityCentralIndexKey" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHDocumentAndEntityInformationAbstract" xlink:to="loc_deiEntityCentralIndexKey" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentType" xlink:label="loc_deiDocumentType" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHDocumentAndEntityInformationAbstract" xlink:to="loc_deiDocumentType" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_deiDocumentPeriodEndDate" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHDocumentAndEntityInformationAbstract" xlink:to="loc_deiDocumentPeriodEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_deiAmendmentFlag" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHDocumentAndEntityInformationAbstract" xlink:to="loc_deiAmendmentFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_deiCurrentFiscalYearEndDate" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHDocumentAndEntityInformationAbstract" xlink:to="loc_deiCurrentFiscalYearEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_deiEntityWellKnownSeasonedIssuer" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHDocumentAndEntityInformationAbstract" xlink:to="loc_deiEntityWellKnownSeasonedIssuer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_deiEntityVoluntaryFilers" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHDocumentAndEntityInformationAbstract" xlink:to="loc_deiEntityVoluntaryFilers" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_deiEntityCurrentReportingStatus" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHDocumentAndEntityInformationAbstract" xlink:to="loc_deiEntityCurrentReportingStatus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityFilerCategory" xlink:label="loc_deiEntityFilerCategory" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHDocumentAndEntityInformationAbstract" xlink:to="loc_deiEntityFilerCategory" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityPublicFloat" xlink:label="loc_deiEntityPublicFloat" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHDocumentAndEntityInformationAbstract" xlink:to="loc_deiEntityPublicFloat" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_deiEntityCommonStockSharesOutstanding" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHDocumentAndEntityInformationAbstract" xlink:to="loc_deiEntityCommonStockSharesOutstanding" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_deiDocumentFiscalPeriodFocus" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHDocumentAndEntityInformationAbstract" xlink:to="loc_deiDocumentFiscalPeriodFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_deiDocumentFiscalYearFocus" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHDocumentAndEntityInformationAbstract" xlink:to="loc_deiDocumentFiscalYearFocus" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BalanceSheets" xlink:title="00000002 - Statement - Consolidated Balance Sheets">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaapStatementOfFinancialPositionAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaapAssetsAbstract" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapAssetsAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Land" xlink:label="loc_us-gaapLand" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract" xlink:to="loc_us-gaapLand" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BuildingsAndImprovementsGross" xlink:label="loc_us-gaapBuildingsAndImprovementsGross" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract" xlink:to="loc_us-gaapBuildingsAndImprovementsGross" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConstructionInProgressGross" xlink:label="loc_us-gaapConstructionInProgressGross" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract" xlink:to="loc_us-gaapConstructionInProgressGross" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestmentPropertyAtCost" xlink:label="loc_us-gaapRealEstateInvestmentPropertyAtCost" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract" xlink:to="loc_us-gaapRealEstateInvestmentPropertyAtCost" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation" xlink:label="loc_us-gaapRealEstateInvestmentPropertyAccumulatedDepreciation" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract" xlink:to="loc_us-gaapRealEstateInvestmentPropertyAccumulatedDepreciation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestmentPropertyNet" xlink:label="loc_us-gaapRealEstateInvestmentPropertyNet" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract" xlink:to="loc_us-gaapRealEstateInvestmentPropertyNet" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestmentsOther" xlink:label="loc_us-gaapRealEstateInvestmentsOther" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract" xlink:to="loc_us-gaapRealEstateInvestmentsOther" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateHeldforsale" xlink:label="loc_us-gaapRealEstateHeldforsale" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapRealEstateHeldforsale" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:label="loc_us-gaapInvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapInvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestments" xlink:label="loc_us-gaapRealEstateInvestments" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapRealEstateInvestments" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaapCashAndCashEquivalentsAtCarryingValue" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapCashAndCashEquivalentsAtCarryingValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EscrowDeposit" xlink:label="loc_us-gaapEscrowDeposit" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapEscrowDeposit" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsReceivableNetCurrent" xlink:label="loc_us-gaapAccountsReceivableNetCurrent" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapAccountsReceivableNetCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxReceivable" xlink:label="loc_us-gaapIncomeTaxReceivable" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapIncomeTaxReceivable" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredRentReceivablesNet" xlink:label="loc_us-gaapDeferredRentReceivablesNet" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapDeferredRentReceivablesNet" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredCosts" xlink:label="loc_us-gaapDeferredCosts" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapDeferredCosts" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaapOtherAssets" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapOtherAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaapAssets" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_us-gaapLiabilitiesAbstract" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapLiabilitiesAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCredit" xlink:label="loc_us-gaapLineOfCredit" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAbstract" xlink:to="loc_us-gaapLineOfCredit" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuredDebtCurrent" xlink:label="loc_us-gaapSecuredDebtCurrent" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAbstract" xlink:to="loc_us-gaapSecuredDebtCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuredLongTermDebt" xlink:label="loc_us-gaapSecuredLongTermDebt" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAbstract" xlink:to="loc_us-gaapSecuredLongTermDebt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaapAccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAbstract" xlink:to="loc_us-gaapAccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccruedEnvironmentalLossContingenciesCurrent" xlink:label="loc_us-gaapAccruedEnvironmentalLossContingenciesCurrent" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAbstract" xlink:to="loc_us-gaapAccruedEnvironmentalLossContingenciesCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BankOverdrafts" xlink:label="loc_us-gaapBankOverdrafts" />
      <link:presentationArc order="290" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAbstract" xlink:to="loc_us-gaapBankOverdrafts" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TaxesPayableCurrentAndNoncurrent" xlink:label="loc_us-gaapTaxesPayableCurrentAndNoncurrent" />
      <link:presentationArc order="300" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAbstract" xlink:to="loc_us-gaapTaxesPayableCurrentAndNoncurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredRevenue" xlink:label="loc_us-gaapDeferredRevenue" />
      <link:presentationArc order="310" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAbstract" xlink:to="loc_us-gaapDeferredRevenue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxLiabilitiesNoncurrent" xlink:label="loc_us-gaapDeferredTaxLiabilitiesNoncurrent" />
      <link:presentationArc order="320" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAbstract" xlink:to="loc_us-gaapDeferredTaxLiabilitiesNoncurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredCompensationLiabilityCurrent" xlink:label="loc_us-gaapDeferredCompensationLiabilityCurrent" />
      <link:presentationArc order="330" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAbstract" xlink:to="loc_us-gaapDeferredCompensationLiabilityCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_DeferredLeaseIntangibleNet" xlink:label="loc_FRPHDeferredLeaseIntangibleNet" />
      <link:presentationArc order="340" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAbstract" xlink:to="loc_FRPHDeferredLeaseIntangibleNet" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecurityDepositLiability" xlink:label="loc_us-gaapSecurityDepositLiability" />
      <link:presentationArc order="350" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAbstract" xlink:to="loc_us-gaapSecurityDepositLiability" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaapLiabilities" />
      <link:presentationArc order="360" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAbstract" xlink:to="loc_us-gaapLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="loc_us-gaapCommitmentsAndContingencies" />
      <link:presentationArc order="380" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapCommitmentsAndContingencies" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="loc_us-gaapStockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" />
      <link:presentationArc order="390" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapStockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockValueOutstanding" xlink:label="loc_us-gaapCommonStockValueOutstanding" />
      <link:presentationArc order="400" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapCommonStockValueOutstanding" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdditionalPaidInCapitalCommonStock" xlink:label="loc_us-gaapAdditionalPaidInCapitalCommonStock" />
      <link:presentationArc order="410" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapAdditionalPaidInCapitalCommonStock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RetainedEarningsUnappropriated" xlink:label="loc_us-gaapRetainedEarningsUnappropriated" />
      <link:presentationArc order="420" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapRetainedEarningsUnappropriated" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaapAccumulatedOtherComprehensiveIncomeLossNetOfTax" />
      <link:presentationArc order="430" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapAccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaapStockholdersEquity" />
      <link:presentationArc order="440" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapStockholdersEquity" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PartnersCapitalAttributableToNoncontrollingInterest" xlink:label="loc_us-gaapPartnersCapitalAttributableToNoncontrollingInterest" />
      <link:presentationArc order="450" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapPartnersCapitalAttributableToNoncontrollingInterest" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaapStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" />
      <link:presentationArc order="460" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaapLiabilitiesAndStockholdersEquity" />
      <link:presentationArc order="470" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapLiabilitiesAndStockholdersEquity" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BalanceSheetsParenthetical" xlink:title="00000003 - Statement - Consolidated Balance Sheets (Parenthetical)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaapStatementOfFinancialPositionAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaapCommonStockParOrStatedValuePerShare" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapCommonStockParOrStatedValuePerShare" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaapCommonStockSharesAuthorized" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapCommonStockSharesAuthorized" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaapCommonStockSharesIssued" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract" xlink:to="loc_us-gaapCommonStockSharesIssued" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/StatementsOfIncome" xlink:title="00000004 - Statement - Consolidated Statements of Income">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaapIncomeStatementAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="loc_us-gaapRevenuesAbstract" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapRevenuesAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesIncomeStatementLeaseRevenue" xlink:label="loc_us-gaapOperatingLeasesIncomeStatementLeaseRevenue" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRevenuesAbstract" xlink:to="loc_us-gaapOperatingLeasesIncomeStatementLeaseRevenue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RevenueMineralSales" xlink:label="loc_us-gaapRevenueMineralSales" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRevenuesAbstract" xlink:to="loc_us-gaapRevenueMineralSales" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TenantReimbursements" xlink:label="loc_us-gaapTenantReimbursements" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRevenuesAbstract" xlink:to="loc_us-gaapTenantReimbursements" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaapRevenues" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapRevenues" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingCostsAndExpensesAbstract" xlink:label="loc_us-gaapOperatingCostsAndExpensesAbstract" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapOperatingCostsAndExpensesAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_OperatingCostsDepreciationDepletionAmortization" xlink:label="loc_FRPHOperatingCostsDepreciationDepletionAmortization" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingCostsAndExpensesAbstract" xlink:to="loc_FRPHOperatingCostsDepreciationDepletionAmortization" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingCostsAndExpenses" xlink:label="loc_us-gaapOperatingCostsAndExpenses" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingCostsAndExpensesAbstract" xlink:to="loc_us-gaapOperatingCostsAndExpenses" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EnvironmentalRemediationExpense" xlink:label="loc_us-gaapEnvironmentalRemediationExpense" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingCostsAndExpensesAbstract" xlink:to="loc_us-gaapEnvironmentalRemediationExpense" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateTaxExpense" xlink:label="loc_us-gaapRealEstateTaxExpense" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingCostsAndExpensesAbstract" xlink:to="loc_us-gaapRealEstateTaxExpense" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ServiceManagementCosts" xlink:label="loc_us-gaapServiceManagementCosts" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingCostsAndExpensesAbstract" xlink:to="loc_us-gaapServiceManagementCosts" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CostOfServices" xlink:label="loc_us-gaapCostOfServices" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingCostsAndExpensesAbstract" xlink:to="loc_us-gaapCostOfServices" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaapOperatingExpenses" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingCostsAndExpensesAbstract" xlink:to="loc_us-gaapOperatingExpenses" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaapOperatingIncomeLoss" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingCostsAndExpensesAbstract" xlink:to="loc_us-gaapOperatingIncomeLoss" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestAndOtherIncome" xlink:label="loc_us-gaapInterestAndOtherIncome" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapInterestAndOtherIncome" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaapInterestExpense" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapInterestExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaapIncomeLossFromEquityMethodInvestments" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapIncomeLossFromEquityMethodInvestments" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" xlink:label="loc_us-gaapBusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapBusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnSaleOfProperties" xlink:label="loc_us-gaapGainLossOnSaleOfProperties" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapGainLossOnSaleOfProperties" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:label="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaapIncomeTaxExpenseBenefit" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapIncomeTaxExpenseBenefit" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperations" xlink:label="loc_us-gaapIncomeLossFromContinuingOperations" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapIncomeLossFromContinuingOperations" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax" xlink:label="loc_us-gaapIncomeLossFromDiscontinuedOperationsNetOfTax" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapIncomeLossFromDiscontinuedOperationsNetOfTax" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaapProfitLoss" />
      <link:presentationArc order="300" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapProfitLoss" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaapIncomeLossAttributableToNoncontrollingInterest" />
      <link:presentationArc order="310" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapIncomeLossAttributableToNoncontrollingInterest" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaapNetIncomeLoss" />
      <link:presentationArc order="320" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapNetIncomeLoss" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaapEarningsPerShareAbstract" />
      <link:presentationArc order="340" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapEarningsPerShareAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaapEarningsPerShareBasic" />
      <link:presentationArc order="350" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract" xlink:to="loc_us-gaapEarningsPerShareBasic" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaapEarningsPerShareDiluted" />
      <link:presentationArc order="360" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract" xlink:to="loc_us-gaapEarningsPerShareDiluted" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="loc_us-gaapWeightedAverageNumberOfSharesOutstandingAbstract" />
      <link:presentationArc order="380" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapWeightedAverageNumberOfSharesOutstandingAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaapWeightedAverageNumberOfSharesOutstandingBasic" />
      <link:presentationArc order="390" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapWeightedAverageNumberOfSharesOutstandingAbstract" xlink:to="loc_us-gaapWeightedAverageNumberOfSharesOutstandingBasic" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaapWeightedAverageNumberOfDilutedSharesOutstanding" />
      <link:presentationArc order="400" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapWeightedAverageNumberOfSharesOutstandingAbstract" xlink:to="loc_us-gaapWeightedAverageNumberOfDilutedSharesOutstanding" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/StatementsOfComprehensiveIncome" xlink:title="00000005 - Statement - Consolidated Statements of Comprehensive Income (Unaudited)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaapIncomeStatementAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaapComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:label="loc_us-gaapComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaapComprehensiveIncomeNetOfTax" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract" xlink:to="loc_us-gaapComprehensiveIncomeNetOfTax" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/StatementsOfCashFlows" xlink:title="00000006 - Statement - Consolidated Statements of Cash Flows (Unaudited)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="loc_us-gaapStatementOfCashFlowsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaapNetCashProvidedByUsedInOperatingActivitiesAbstract" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract" xlink:to="loc_us-gaapNetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaapProfitLoss" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="loc_us-gaapProfitLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract" xlink:to="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax" xlink:label="loc_us-gaapIncomeLossFromDiscontinuedOperationsNetOfTax" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="loc_us-gaapIncomeLossFromDiscontinuedOperationsNetOfTax" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="loc_us-gaapDepreciationDepletionAndAmortization" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="loc_us-gaapDepreciationDepletionAndAmortization" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaapDeferredIncomeTaxExpenseBenefit" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="loc_us-gaapDeferredIncomeTaxExpenseBenefit" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaapIncomeLossFromEquityMethodInvestments" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="loc_us-gaapIncomeLossFromEquityMethodInvestments" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" xlink:label="loc_us-gaapBusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="loc_us-gaapBusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:label="loc_us-gaapGainLossOnSaleOfPropertyPlantEquipment" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="loc_us-gaapGainLossOnSaleOfPropertyPlantEquipment" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="loc_us-gaapAllocatedShareBasedCompensationExpense" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="loc_us-gaapAllocatedShareBasedCompensationExpense" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingAssetsAbstract" xlink:label="loc_us-gaapIncreaseDecreaseInOperatingAssetsAbstract" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract" xlink:to="loc_us-gaapIncreaseDecreaseInOperatingAssetsAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaapIncreaseDecreaseInAccountsReceivable" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingAssetsAbstract" xlink:to="loc_us-gaapIncreaseDecreaseInAccountsReceivable" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:label="loc_us-gaapIncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingAssetsAbstract" xlink:to="loc_us-gaapIncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaapIncreaseDecreaseInAccountsPayableAndAccruedLiabilities" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingAssetsAbstract" xlink:to="loc_us-gaapIncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable" xlink:label="loc_us-gaapIncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingAssetsAbstract" xlink:to="loc_us-gaapIncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities" xlink:label="loc_us-gaapIncreaseDecreaseInOtherNoncurrentLiabilities" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingAssetsAbstract" xlink:to="loc_us-gaapIncreaseDecreaseInOtherNoncurrentLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="loc_us-gaapNetCashProvidedByUsedInOperatingActivitiesContinuingOperations" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingAssetsAbstract" xlink:to="loc_us-gaapNetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations" xlink:label="loc_us-gaapCashProvidedByUsedInOperatingActivitiesDiscontinuedOperations" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingAssetsAbstract" xlink:to="loc_us-gaapCashProvidedByUsedInOperatingActivitiesDiscontinuedOperations" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingAssetsAbstract" xlink:to="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract" xlink:to="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaapPaymentsToAcquirePropertyPlantAndEquipment" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="loc_us-gaapPaymentsToAcquirePropertyPlantAndEquipment" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireInterestInJointVenture" xlink:label="loc_us-gaapPaymentsToAcquireInterestInJointVenture" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="loc_us-gaapPaymentsToAcquireInterestInJointVenture" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForProceedsFromProductiveAssets" xlink:label="loc_us-gaapPaymentsForProceedsFromProductiveAssets" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="loc_us-gaapPaymentsForProceedsFromProductiveAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAcquiredFromAcquisition" xlink:label="loc_us-gaapCashAcquiredFromAcquisition" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="loc_us-gaapCashAcquiredFromAcquisition" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInRestrictedCash" xlink:label="loc_us-gaapIncreaseDecreaseInRestrictedCash" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="loc_us-gaapIncreaseDecreaseInRestrictedCash" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesContinuingOperations" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations" xlink:label="loc_us-gaapCashProvidedByUsedInInvestingActivitiesDiscontinuedOperations" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="loc_us-gaapCashProvidedByUsedInInvestingActivitiesDiscontinuedOperations" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaapNetCashProvidedByUsedInInvestingActivities" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="loc_us-gaapNetCashProvidedByUsedInInvestingActivities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract" />
      <link:presentationArc order="300" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract" xlink:to="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfBankOverdrafts" xlink:label="loc_us-gaapProceedsFromRepaymentsOfBankOverdrafts" />
      <link:presentationArc order="310" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="loc_us-gaapProceedsFromRepaymentsOfBankOverdrafts" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:label="loc_us-gaapProceedsFromIssuanceOfLongTermDebt" />
      <link:presentationArc order="320" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="loc_us-gaapProceedsFromIssuanceOfLongTermDebt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="loc_us-gaapRepaymentsOfLongTermDebt" />
      <link:presentationArc order="330" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="loc_us-gaapRepaymentsOfLongTermDebt" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromLinesOfCredit" xlink:label="loc_us-gaapProceedsFromLinesOfCredit" />
      <link:presentationArc order="340" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="loc_us-gaapProceedsFromLinesOfCredit" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RepaymentsOfLinesOfCredit" xlink:label="loc_us-gaapRepaymentsOfLinesOfCredit" />
      <link:presentationArc order="350" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="loc_us-gaapRepaymentsOfLinesOfCredit" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsOfDebtIssuanceCosts" xlink:label="loc_us-gaapPaymentsOfDebtIssuanceCosts" />
      <link:presentationArc order="360" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="loc_us-gaapPaymentsOfDebtIssuanceCosts" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaapPaymentsForRepurchaseOfCommonStock" />
      <link:presentationArc order="370" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="loc_us-gaapPaymentsForRepurchaseOfCommonStock" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:label="loc_us-gaapExcessTaxBenefitFromShareBasedCompensationFinancingActivities" />
      <link:presentationArc order="380" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="loc_us-gaapExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions" xlink:label="loc_us-gaapProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions" />
      <link:presentationArc order="390" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="loc_us-gaapProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesContinuingOperations" />
      <link:presentationArc order="400" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations" xlink:label="loc_us-gaapCashProvidedByUsedInFinancingActivitiesDiscontinuedOperations" />
      <link:presentationArc order="410" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="loc_us-gaapCashProvidedByUsedInFinancingActivitiesDiscontinuedOperations" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" />
      <link:presentationArc order="420" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract" xlink:to="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaapCashAndCashEquivalentsPeriodIncreaseDecrease" />
      <link:presentationArc order="440" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract" xlink:to="loc_us-gaapCashAndCashEquivalentsPeriodIncreaseDecrease" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaapCashAndCashEquivalentsAtCarryingValue" />
      <link:presentationArc order="450" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract" xlink:to="loc_us-gaapCashAndCashEquivalentsAtCarryingValue" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaapCashAndCashEquivalentsAtCarryingValue_2" />
      <link:presentationArc order="460" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract" xlink:to="loc_us-gaapCashAndCashEquivalentsAtCarryingValue_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/DescriptionOfBusinessAndBasisOfPresentation" xlink:title="00000007 - Disclosure - Description of Business and Basis of Presentation">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock" xlink:label="loc_us-gaapBusinessDescriptionAndBasisOfPresentationTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="loc_us-gaapBusinessDescriptionAndBasisOfPresentationTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/RecentlyIssuedAccountingStandards" xlink:title="00000008 - Disclosure - Recently Issued Accounting Standards">
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_NotesToFinancialStatementsAbstract" xlink:label="loc_FRPHNotesToFinancialStatementsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:label="loc_us-gaapScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHNotesToFinancialStatementsAbstract" xlink:to="loc_us-gaapScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BusinessSegments" xlink:title="00000009 - Disclosure - Business Segments">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentReportingAbstract" xlink:label="loc_us-gaapSegmentReportingAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="loc_us-gaapSegmentReportingDisclosureTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentReportingAbstract" xlink:to="loc_us-gaapSegmentReportingDisclosureTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/RelatedPartyTransactions" xlink:title="00000010 - Disclosure - Related Party Transactions">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="loc_us-gaapRelatedPartyTransactionsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="loc_us-gaapRelatedPartyTransactionsDisclosureTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionsAbstract" xlink:to="loc_us-gaapRelatedPartyTransactionsDisclosureTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Long-termDebt" xlink:title="00000011 - Disclosure - Long-Term Debt">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaapDebtDisclosureAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtTextBlock" xlink:label="loc_us-gaapLongTermDebtTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract" xlink:to="loc_us-gaapLongTermDebtTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/EarningsPerShare" xlink:title="00000012 - Disclosure - Earnings per Share">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaapEarningsPerShareAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="loc_us-gaapEarningsPerShareTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract" xlink:to="loc_us-gaapEarningsPerShareTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Stock-basedCompensationPlans" xlink:title="00000013 - Disclosure - Stock-Based Compensation Plans">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock" xlink:label="loc_us-gaapDisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapDisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ContingentLiabilities" xlink:title="00000014 - Disclosure - Contingent liabilities">
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_NotesToFinancialStatementsAbstract" xlink:label="loc_FRPHNotesToFinancialStatementsAbstract" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ContingentLiabilitiesTextBlock" xlink:label="loc_FRPHContingentLiabilitiesTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHNotesToFinancialStatementsAbstract" xlink:to="loc_FRPHContingentLiabilitiesTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Concentrations" xlink:title="00000015 - Disclosure - Concentrations">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RisksAndUncertaintiesAbstract" xlink:label="loc_us-gaapRisksAndUncertaintiesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskDisclosureTextBlock" xlink:label="loc_us-gaapConcentrationRiskDisclosureTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRisksAndUncertaintiesAbstract" xlink:to="loc_us-gaapConcentrationRiskDisclosureTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/FairValueMeasurements" xlink:title="00000016 - Disclosure - Fair Value Measurements">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="loc_us-gaapFairValueDisclosuresAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="loc_us-gaapFairValueDisclosuresTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapFairValueDisclosuresTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/InvestmentInJointVenturesEquityMethod" xlink:title="00000017 - Disclosure - Investment in Joint Ventures (Equity Method)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract" xlink:label="loc_us-gaapEquityMethodInvestmentsAndJointVenturesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentsDisclosureTextBlock" xlink:label="loc_us-gaapEquityMethodInvestmentsDisclosureTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityMethodInvestmentsAndJointVenturesAbstract" xlink:to="loc_us-gaapEquityMethodInvestmentsDisclosureTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc." xlink:title="00000018 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC.">
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_NotesToFinancialStatementsAbstract" xlink:label="loc_FRPHNotesToFinancialStatementsAbstract" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverFrontInvestmentPartnersI_LLCtextTextBlock" xlink:label="loc_FRPHRiverFrontInvestmentPartnersI_LLCtextTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHNotesToFinancialStatementsAbstract" xlink:to="loc_FRPHRiverFrontInvestmentPartnersI_LLCtextTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BusinessSegmentsTables" xlink:title="00000019 - Disclosure - Business Segments (Tables)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentReportingAbstract" xlink:label="loc_us-gaapSegmentReportingAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xlink:label="loc_us-gaapScheduleOfSegmentReportingInformationBySegmentTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentReportingAbstract" xlink:to="loc_us-gaapScheduleOfSegmentReportingInformationBySegmentTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Long-termDebtTables" xlink:title="00000020 - Disclosure - Long-Term Debt (Tables)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaapDebtDisclosureAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfDebtInstrumentsTextBlock" xlink:label="loc_us-gaapScheduleOfDebtInstrumentsTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract" xlink:to="loc_us-gaapScheduleOfDebtInstrumentsTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/EarningsPerShareTables" xlink:title="00000021 - Disclosure - Earnings per Share (Tables)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaapEarningsPerShareAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="loc_us-gaapScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract" xlink:to="loc_us-gaapScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Stock-basedCompensationPlansTables" xlink:title="00000022 - Disclosure - Stock-Based Compensation Plans (Tables)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock" xlink:label="loc_us-gaapScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:label="loc_us-gaapScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/InvestmentInJointVenturesTables" xlink:title="00000023 - Disclosure - Investment in Joint Ventures (Tables)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract" xlink:label="loc_us-gaapEquityMethodInvestmentsAndJointVenturesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentsTextBlock" xlink:label="loc_us-gaapEquityMethodInvestmentsTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityMethodInvestmentsAndJointVenturesAbstract" xlink:to="loc_us-gaapEquityMethodInvestmentsTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestmentFinancialStatementsDisclosureTextBlock" xlink:label="loc_us-gaapRealEstateInvestmentFinancialStatementsDisclosureTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityMethodInvestmentsAndJointVenturesAbstract" xlink:to="loc_us-gaapRealEstateInvestmentFinancialStatementsDisclosureTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverfrontHoldingsIncomeStatements" xlink:label="loc_FRPHRiverfrontHoldingsIncomeStatements" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityMethodInvestmentsAndJointVenturesAbstract" xlink:to="loc_FRPHRiverfrontHoldingsIncomeStatements" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.Tables" xlink:title="00000024 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC. (Tables)">
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_NotesToFinancialStatementsAbstract" xlink:label="loc_FRPHNotesToFinancialStatementsAbstract" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverfrontBalanceSheetTableTableTextBlock" xlink:label="loc_FRPHRiverfrontBalanceSheetTableTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHNotesToFinancialStatementsAbstract" xlink:to="loc_FRPHRiverfrontBalanceSheetTableTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BusinessSegments-BusinessSegmentsDetails" xlink:title="00000025 - Disclosure - Business Segments - Business segments (Details)">
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_NotesToFinancialStatementsAbstract" xlink:label="loc_FRPHNotesToFinancialStatementsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHNotesToFinancialStatementsAbstract" xlink:to="loc_us-gaapStatementTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaapStatementBusinessSegmentsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementBusinessSegmentsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaapSegmentDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementBusinessSegmentsAxis" xlink:to="loc_us-gaapSegmentDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AssetManagement1Member" xlink:label="loc_FRPHAssetManagement1Member" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHAssetManagement1Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MiningPropertiesAndMineralRightsMember" xlink:label="loc_us-gaapMiningPropertiesAndMineralRightsMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_us-gaapMiningPropertiesAndMineralRightsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_LandDevelopmentandConstructionMember" xlink:label="loc_FRPHLandDevelopmentandConstructionMember" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHLandDevelopmentandConstructionMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverFrontMember" xlink:label="loc_FRPHRiverFrontMember" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHRiverFrontMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CorporateMember" xlink:label="loc_us-gaapCorporateMember" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_us-gaapCorporateMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_TotalSegmentsMember" xlink:label="loc_FRPHTotalSegmentsMember" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHTotalSegmentsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="loc_us-gaapSegmentReportingInformationLineItems" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapSegmentReportingInformationLineItems" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaapRevenues" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapRevenues" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_OperatingProfitBeforeCorporateExpenses" xlink:label="loc_FRPHOperatingProfitBeforeCorporateExpenses" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHOperatingProfitBeforeCorporateExpenses" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaapOperatingIncomeLoss" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapOperatingIncomeLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherGeneralAndAdministrativeExpense" xlink:label="loc_us-gaapOtherGeneralAndAdministrativeExpense" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapOtherGeneralAndAdministrativeExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaapInterestExpense" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapInterestExpense" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease" xlink:label="loc_us-gaapPropertyPlantAndEquipmentGrossPeriodIncreaseDecrease" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapPropertyPlantAndEquipmentGrossPeriodIncreaseDecrease" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_OperatingCostsDepreciationDepletionAmortization" xlink:label="loc_FRPHOperatingCostsDepreciationDepletionAmortization" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHOperatingCostsDepreciationDepletionAmortization" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaapCashAndCashEquivalentsAtCarryingValue" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapCashAndCashEquivalentsAtCarryingValue" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaapAssets" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAssets" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Long-termDebtDetails" xlink:title="00000026 - Disclosure - Long-term debt (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaapDebtDisclosureAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCredit" xlink:label="loc_us-gaapLineOfCredit" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract" xlink:to="loc_us-gaapLineOfCredit" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaapLongTermDebt" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract" xlink:to="loc_us-gaapLongTermDebt" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConstructionLoanNoncurrent" xlink:label="loc_us-gaapConstructionLoanNoncurrent" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract" xlink:to="loc_us-gaapConstructionLoanNoncurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_SecondaryFinancing" xlink:label="loc_FRPHSecondaryFinancing" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract" xlink:to="loc_FRPHSecondaryFinancing" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtLongtermAndShorttermCombinedAmount" xlink:label="loc_us-gaapDebtLongtermAndShorttermCombinedAmount" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract" xlink:to="loc_us-gaapDebtLongtermAndShorttermCombinedAmount" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuredDebtCurrent" xlink:label="loc_us-gaapSecuredDebtCurrent" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract" xlink:to="loc_us-gaapSecuredDebtCurrent" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="loc_us-gaapLongTermDebtNoncurrent" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract" xlink:to="loc_us-gaapLongTermDebtNoncurrent" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/EarningsPerShareDetails" xlink:title="00000027 - Disclosure - Earnings per share (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareBasicAndDilutedAbstract" xlink:label="loc_us-gaapEarningsPerShareBasicAndDilutedAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaapWeightedAverageNumberOfSharesOutstandingBasic" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareBasicAndDilutedAbstract" xlink:to="loc_us-gaapWeightedAverageNumberOfSharesOutstandingBasic" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="loc_us-gaapIncrementalCommonSharesAttributableToShareBasedPaymentArrangements" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareBasicAndDilutedAbstract" xlink:to="loc_us-gaapIncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaapWeightedAverageNumberOfDilutedSharesOutstanding" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareBasicAndDilutedAbstract" xlink:to="loc_us-gaapWeightedAverageNumberOfDilutedSharesOutstanding" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperations" xlink:label="loc_us-gaapIncomeLossFromContinuingOperations" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareBasicAndDilutedAbstract" xlink:to="loc_us-gaapIncomeLossFromContinuingOperations" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax" xlink:label="loc_us-gaapIncomeLossFromDiscontinuedOperationsNetOfTax" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareBasicAndDilutedAbstract" xlink:to="loc_us-gaapIncomeLossFromDiscontinuedOperationsNetOfTax" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaapNetIncomeLoss" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareBasicAndDilutedAbstract" xlink:to="loc_us-gaapNetIncomeLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaapEarningsPerShareAbstract" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareBasicAndDilutedAbstract" xlink:to="loc_us-gaapEarningsPerShareAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaapEarningsPerShareBasic" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract" xlink:to="loc_us-gaapEarningsPerShareBasic" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaapEarningsPerShareDiluted" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract" xlink:to="loc_us-gaapEarningsPerShareDiluted" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/SummaryOfStockActivityDetails" xlink:title="00000028 - Disclosure - Summary of Stock Activity (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="loc_us-gaapStockIssuedDuringPeriodSharesStockOptionsExercised" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapStockIssuedDuringPeriodSharesStockOptionsExercised" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionGross" xlink:label="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionGross" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionGross" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsModificationsInPeriodWeightedAverageExercisePrice" xlink:label="loc_FRPHShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsModificationsInPeriodWeightedAverageExercisePrice" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_FRPHShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsModificationsInPeriodWeightedAverageExercisePrice" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageExercisePrice" xlink:label="loc_FRPHShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageExercisePrice" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_FRPHShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageExercisePrice" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b" xlink:label="loc_FRPHSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_FRPHSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue" xlink:label="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1" xlink:label="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodWeightedAverageGrantDateFairValue" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodWeightedAverageGrantDateFairValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffAdjustmentWeightedAverageGrantDateFairValue1" xlink:label="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffAdjustmentWeightedAverageGrantDateFairValue1" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffAdjustmentWeightedAverageGrantDateFairValue1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageGrantDateFairValue1" xlink:label="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageGrantDateFairValue1" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsSpinOffConversionWeightedAverageGrantDateFairValue1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm3" xlink:label="loc_FRPHSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm3" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_FRPHSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm3" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue" xlink:label="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_FRPHShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/StockCompensationExpenseDetails" xlink:title="00000029 - Disclosure - Stock Compensation Expense (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaapShareBasedCompensation" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapShareBasedCompensation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:label="loc_us-gaapAdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapAdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="loc_us-gaapAllocatedShareBasedCompensationExpense" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapAllocatedShareBasedCompensationExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/InvestmentsInJointVenturesDetails" xlink:title="00000030 - Disclosure - Investments in Joint Ventures (Details)">
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_InvestmentInRiverfrontAndBrooksvilleJointVenturesDetailsAbstract" xlink:label="loc_FRPHInvestmentInRiverfrontAndBrooksvilleJointVenturesDetailsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHInvestmentInRiverfrontAndBrooksvilleJointVenturesDetailsAbstract" xlink:to="loc_us-gaapStatementTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableByTypeAxis" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableTypeDomain" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverfrontIJointVentureMember" xlink:label="loc_FRPHRiverfrontIJointVentureMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:to="loc_FRPHRiverfrontIJointVentureMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_BrooksvilleJointVentureMember" xlink:label="loc_FRPHBrooksvilleJointVentureMember" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:to="loc_FRPHBrooksvilleJointVentureMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_BCFRPRealtyJointVentureMember" xlink:label="loc_FRPHBCFRPRealtyJointVentureMember" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:to="loc_FRPHBCFRPRealtyJointVentureMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_JointVenturesMember" xlink:label="loc_FRPHJointVenturesMember" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:to="loc_FRPHJointVenturesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstatePropertiesAxis" xlink:label="loc_us-gaapRealEstatePropertiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapRealEstatePropertiesAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstatePropertiesDomain" xlink:label="loc_us-gaapRealEstatePropertiesDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRealEstatePropertiesAxis" xlink:to="loc_us-gaapRealEstatePropertiesDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaapEquityMethodInvestmentOwnershipPercentage" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentOwnershipPercentage" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaapEquityMethodInvestments" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestments" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets" xlink:label="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationAssets" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent" xlink:label="loc_us-gaapNetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapNetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaapIncomeLossFromEquityMethodInvestments" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapIncomeLossFromEquityMethodInvestments" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash" xlink:label="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationCash" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationCash" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash" xlink:label="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationEscrowCash" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationEscrowCash" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable" xlink:label="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationPrepaidExpenses" xlink:label="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationPrepaidExpenses" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationPrepaidExpenses" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet" xlink:label="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts" xlink:label="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities" xlink:label="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationLiabilities" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt" xlink:label="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationLongtermDebt" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEquityMethodInvestmentSummarizedFinancialInformationLongtermDebt" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaapEquityMethodInvestments_2" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestments_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest" xlink:label="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationMinorityInterest" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationMinorityInterest" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity" xlink:label="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue" xlink:label="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationRevenue" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationRevenue" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ReimbursementRevenue" xlink:label="loc_us-gaapReimbursementRevenue" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapReimbursementRevenue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaapRevenues" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapRevenues" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DepreciationAndAmortization" xlink:label="loc_us-gaapDepreciationAndAmortization" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapDepreciationAndAmortization" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingCostsAndExpenses" xlink:label="loc_us-gaapOperatingCostsAndExpenses" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapOperatingCostsAndExpenses" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateTaxExpense" xlink:label="loc_us-gaapRealEstateTaxExpense" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapRealEstateTaxExpense" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaapOperatingExpenses" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapOperatingExpenses" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaapOperatingIncomeLoss" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapOperatingIncomeLoss" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaapInterestExpense" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapInterestExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss" xlink:label="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.-RiverfrontRemeasurementBalanceSheetDetails" xlink:title="00000031 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC. - RiverFront remeasurement balance sheet (Details)">
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_NotesToFinancialStatementsAbstract" xlink:label="loc_FRPHNotesToFinancialStatementsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHNotesToFinancialStatementsAbstract" xlink:to="loc_us-gaapStatementTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableByTypeAxis" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableTypeDomain" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverfrontIJointVentureMember" xlink:label="loc_FRPHRiverfrontIJointVentureMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:to="loc_FRPHRiverfrontIJointVentureMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaapStatementBusinessSegmentsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementBusinessSegmentsAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaapSegmentDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementBusinessSegmentsAxis" xlink:to="loc_us-gaapSegmentDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_GainonRemeasurementMember" xlink:label="loc_FRPHGainonRemeasurementMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHGainonRemeasurementMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverFrontMember" xlink:label="loc_FRPHRiverFrontMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHRiverFrontMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Land" xlink:label="loc_us-gaapLand" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLand" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaapPropertyPlantAndEquipmentNet" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapPropertyPlantAndEquipmentNet" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases" xlink:label="loc_us-gaapFiniteLivedIntangibleAssetAcquiredInPlaceLeases" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapFiniteLivedIntangibleAssetAcquiredInPlaceLeases" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaapCashAndCashEquivalentsAtCarryingValue" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapCashAndCashEquivalentsAtCarryingValue" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EscrowDeposit" xlink:label="loc_us-gaapEscrowDeposit" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEscrowDeposit" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsReceivableNetCurrent" xlink:label="loc_us-gaapAccountsReceivableNetCurrent" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAccountsReceivableNetCurrent" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PrepaidExpenseAndOtherAssets" xlink:label="loc_us-gaapPrepaidExpenseAndOtherAssets" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapPrepaidExpenseAndOtherAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaapAssets" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaapLongTermDebt" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLongTermDebt" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UnamortizedDebtIssuanceExpense" xlink:label="loc_us-gaapUnamortizedDebtIssuanceExpense" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapUnamortizedDebtIssuanceExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaapOtherLiabilities" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapOtherLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaapEquityMethodInvestments" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestments" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest" xlink:label="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationMinorityInterest" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationMinorityInterest" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaapLiabilitiesAndStockholdersEquity" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLiabilitiesAndStockholdersEquity" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/RecentlyIssuedAccountingStandardsDetailsNarrative" xlink:title="00000032 - Disclosure - Recently Issued Accounting Standards (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RecentlyIssuedAccountingStandardsDetailsNarrativeAbstract" xlink:label="loc_FRPHRecentlyIssuedAccountingStandardsDetailsNarrativeAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities" xlink:label="loc_us-gaapExcessTaxBenefitFromShareBasedCompensationOperatingActivities" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHRecentlyIssuedAccountingStandardsDetailsNarrativeAbstract" xlink:to="loc_us-gaapExcessTaxBenefitFromShareBasedCompensationOperatingActivities" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/BusinessSegmentsDetailsNarrative" xlink:title="00000033 - Disclosure - Business Segments (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentReportingAbstract" xlink:label="loc_us-gaapSegmentReportingAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentReportingAbstract" xlink:to="loc_us-gaapStatementTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaapStatementBusinessSegmentsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementBusinessSegmentsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaapSegmentDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementBusinessSegmentsAxis" xlink:to="loc_us-gaapSegmentDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MiningPropertiesAndMineralRightsMember" xlink:label="loc_us-gaapMiningPropertiesAndMineralRightsMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_us-gaapMiningPropertiesAndMineralRightsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_BrooksvilleJointVentureMember" xlink:label="loc_FRPHBrooksvilleJointVentureMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHBrooksvilleJointVentureMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverFrontMember" xlink:label="loc_FRPHRiverFrontMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHRiverFrontMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NumberOfReportableSegments" xlink:label="loc_us-gaapNumberOfReportableSegments" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapNumberOfReportableSegments" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AreaOfLand" xlink:label="loc_us-gaapAreaOfLand" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAreaOfLand" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AreaOfRealEstateProperty" xlink:label="loc_us-gaapAreaOfRealEstateProperty" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAreaOfRealEstateProperty" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_PercentLeasedAndOccupied" xlink:label="loc_FRPHPercentLeasedAndOccupied" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHPercentLeasedAndOccupied" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/RelatedPartyTransactionsDetailsNarrative" xlink:title="00000034 - Disclosure - Related Party Transactions (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="loc_us-gaapRelatedPartyTransactionsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty" xlink:label="loc_us-gaapRelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionsAbstract" xlink:to="loc_us-gaapRelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Long-termDebtDetailsNarrative" xlink:title="00000035 - Disclosure - Long-Term debt (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaapDebtDisclosureAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract" xlink:to="loc_us-gaapStatementTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityAxis" xlink:label="loc_us-gaapLineOfCreditFacilityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapLineOfCreditFacilityAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityLenderDomain" xlink:label="loc_us-gaapLineOfCreditFacilityLenderDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLineOfCreditFacilityAxis" xlink:to="loc_us-gaapLineOfCreditFacilityLenderDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_WellsFargoMember" xlink:label="loc_FRPHWellsFargoMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLineOfCreditFacilityLenderDomain" xlink:to="loc_FRPHWellsFargoMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_FirstTennesseeMember" xlink:label="loc_FRPHFirstTennesseeMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLineOfCreditFacilityLenderDomain" xlink:to="loc_FRPHFirstTennesseeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="loc_us-gaapLongtermDebtTypeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapLongtermDebtTypeAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongtermDebtTypeDomain" xlink:label="loc_us-gaapLongtermDebtTypeDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLongtermDebtTypeAxis" xlink:to="loc_us-gaapLongtermDebtTypeDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScenarioForecastMember" xlink:label="loc_us-gaapScenarioForecastMember" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLongtermDebtTypeDomain" xlink:to="loc_us-gaapScenarioForecastMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_Dock79ConstructionMember" xlink:label="loc_FRPHDock79ConstructionMember" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLongtermDebtTypeDomain" xlink:to="loc_FRPHDock79ConstructionMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_Dock79EB5Member" xlink:label="loc_FRPHDock79EB5Member" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLongtermDebtTypeDomain" xlink:to="loc_FRPHDock79EB5Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtDescription" xlink:label="loc_us-gaapLongTermDebtDescription" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLongTermDebtDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_LineOfCreditFacilityAgreementTerm" xlink:label="loc_FRPHLineOfCreditFacilityAgreementTerm" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHLineOfCreditFacilityAgreementTerm" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaapLineOfCreditFacilityMaximumBorrowingCapacity" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLineOfCreditFacilityMaximumBorrowingCapacity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_LineOfCreditStandbyLettersOfCreditSublimit" xlink:label="loc_FRPHLineOfCreditStandbyLettersOfCreditSublimit" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHLineOfCreditStandbyLettersOfCreditSublimit" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount" xlink:label="loc_us-gaapDebtInstrumentUnusedBorrowingCapacityAmount" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapDebtInstrumentUnusedBorrowingCapacityAmount" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription" xlink:label="loc_us-gaapLineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LettersOfCreditOutstandingAmount" xlink:label="loc_us-gaapLettersOfCreditOutstandingAmount" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLettersOfCreditOutstandingAmount" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding" xlink:label="loc_us-gaapLineOfCreditFacilityFairValueOfAmountOutstanding" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLineOfCreditFacilityFairValueOfAmountOutstanding" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:label="loc_us-gaapLineOfCreditFacilityRemainingBorrowingCapacity" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLineOfCreditFacilityRemainingBorrowingCapacity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MinimumNetWorthRequiredForCompliance" xlink:label="loc_us-gaapMinimumNetWorthRequiredForCompliance" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapMinimumNetWorthRequiredForCompliance" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements" xlink:label="loc_us-gaapAmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestCostsCapitalized" xlink:label="loc_us-gaapInterestCostsCapitalized" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapInterestCostsCapitalized" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityInterestRateDescription" xlink:label="loc_us-gaapLineOfCreditFacilityInterestRateDescription" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLineOfCreditFacilityInterestRateDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:label="loc_us-gaapLineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LineOfCreditFacilityCovenantCompliance" xlink:label="loc_us-gaapLineOfCreditFacilityCovenantCompliance" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLineOfCreditFacilityCovenantCompliance" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConstructionLoanNoncurrent" xlink:label="loc_us-gaapConstructionLoanNoncurrent" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapConstructionLoanNoncurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_SecondaryFinancing" xlink:label="loc_FRPHSecondaryFinancing" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHSecondaryFinancing" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_us-gaapDebtInstrumentInterestRateStatedPercentage" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapDebtInstrumentInterestRateStatedPercentage" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_InterestRateMaturitiesUpToYearFive" xlink:label="loc_FRPHInterestRateMaturitiesUpToYearFive" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHInterestRateMaturitiesUpToYearFive" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_InterestRateGreaterThanFiveYears" xlink:label="loc_FRPHInterestRateGreaterThanFiveYears" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHInterestRateGreaterThanFiveYears" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_MaturityExtensionModification1" xlink:label="loc_FRPHMaturityExtensionModification1" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHMaturityExtensionModification1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtInstrumentCovenantDescription" xlink:label="loc_us-gaapDebtInstrumentCovenantDescription" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapDebtInstrumentCovenantDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentTerms" xlink:label="loc_us-gaapLongTermDebtMaturitiesRepaymentTerms" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapLongTermDebtMaturitiesRepaymentTerms" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/EarningsPerShareDetailsNarrative" xlink:title="00000036 - Disclosure - Earnings per Share (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaapEarningsPerShareAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="loc_us-gaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEarningsPerShareAbstract" xlink:to="loc_us-gaapAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/Stock-basedCompensationPlansDetailsNarrative" xlink:title="00000037 - Disclosure - Stock-Based Compensation Plans (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="loc_us-gaapStatementTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" xlink:label="loc_us-gaapIncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapIncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain" xlink:label="loc_us-gaapDisposalGroupsIncludingDiscontinuedOperationsNameDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" xlink:to="loc_us-gaapDisposalGroupsIncludingDiscontinuedOperationsNameDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_PatriotTransportationMember" xlink:label="loc_FRPHPatriotTransportationMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDisposalGroupsIncludingDiscontinuedOperationsNameDomain" xlink:to="loc_FRPHPatriotTransportationMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_StockOptionPlans" xlink:label="loc_FRPHStockOptionPlans" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHStockOptionPlans" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharePrice" xlink:label="loc_us-gaapSharePrice" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapSharePrice" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions" xlink:label="loc_us-gaapEmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="loc_us-gaapEmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2" xlink:label="loc_FRPHEmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_EmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders" xlink:label="loc_FRPHEmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHEmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum" xlink:label="loc_FRPHSharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHSharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum" xlink:label="loc_FRPHSharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHSharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ContingentLiabilitiesDetailsNarrative" xlink:title="00000038 - Disclosure - Contingent Liabilities (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ContingentLiabilitiesDetailsNarrativeAbstract" xlink:label="loc_FRPHContingentLiabilitiesDetailsNarrativeAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LossContingencyEstimateOfPossibleLoss" xlink:label="loc_us-gaapLossContingencyEstimateOfPossibleLoss" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHContingentLiabilitiesDetailsNarrativeAbstract" xlink:to="loc_us-gaapLossContingencyEstimateOfPossibleLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EnvironmentalRemediationExpense" xlink:label="loc_us-gaapEnvironmentalRemediationExpense" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHContingentLiabilitiesDetailsNarrativeAbstract" xlink:to="loc_us-gaapEnvironmentalRemediationExpense" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_CostofRemediation" xlink:label="loc_FRPHCostofRemediation" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHContingentLiabilitiesDetailsNarrativeAbstract" xlink:to="loc_FRPHCostofRemediation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EnvironmentalCostsRecognizedRecoveryCreditedToExpense" xlink:label="loc_us-gaapEnvironmentalCostsRecognizedRecoveryCreditedToExpense" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHContingentLiabilitiesDetailsNarrativeAbstract" xlink:to="loc_us-gaapEnvironmentalCostsRecognizedRecoveryCreditedToExpense" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ConcentrationsDetailsNarrative" xlink:title="00000039 - Disclosure - Concentrations (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RisksAndUncertaintiesAbstract" xlink:label="loc_us-gaapRisksAndUncertaintiesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRisksAndUncertaintiesAbstract" xlink:to="loc_us-gaapStatementTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskByTypeAxis" xlink:label="loc_us-gaapConcentrationRiskByTypeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapConcentrationRiskByTypeAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskTypeDomain" xlink:label="loc_us-gaapConcentrationRiskTypeDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapConcentrationRiskByTypeAxis" xlink:to="loc_us-gaapConcentrationRiskTypeDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AssetManagementTopCustomerMember" xlink:label="loc_FRPHAssetManagementTopCustomerMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapConcentrationRiskTypeDomain" xlink:to="loc_FRPHAssetManagementTopCustomerMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_MiningTopCustomerMember" xlink:label="loc_FRPHMiningTopCustomerMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapConcentrationRiskTypeDomain" xlink:to="loc_FRPHMiningTopCustomerMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskPercentage1" xlink:label="loc_us-gaapConcentrationRiskPercentage1" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapConcentrationRiskPercentage1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaapAccountsReceivableNet" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAccountsReceivableNet" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_NumberOfTenants" xlink:label="loc_FRPHNumberOfTenants" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHNumberOfTenants" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/FairValueMeasurementsDetailsNarrative" xlink:title="00000040 - Disclosure - Fair Value Measurements (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="loc_us-gaapFairValueDisclosuresAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsFairValueDisclosureRecurring" xlink:label="loc_us-gaapAssetsFairValueDisclosureRecurring" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapAssetsFairValueDisclosureRecurring" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureRecurring" xlink:label="loc_us-gaapLiabilitiesFairValueDisclosureRecurring" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapLiabilitiesFairValueDisclosureRecurring" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="loc_us-gaapAssetsFairValueDisclosureNonrecurring" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapAssetsFairValueDisclosureNonrecurring" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="loc_us-gaapLiabilitiesFairValueDisclosureNonrecurring" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapLiabilitiesFairValueDisclosureNonrecurring" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="loc_us-gaapDebtInstrumentCarryingAmount" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapDebtInstrumentCarryingAmount" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="loc_us-gaapLongTermDebtFairValue" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract" xlink:to="loc_us-gaapLongTermDebtFairValue" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/InvestmentsInJointVenturesDetailsNarrative" xlink:title="00000041 - Disclosure - Investments in Joint Ventures (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract" xlink:label="loc_us-gaapEquityMethodInvestmentsAndJointVenturesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityMethodInvestmentsAndJointVenturesAbstract" xlink:to="loc_us-gaapStatementTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableByTypeAxis" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableTypeDomain" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_BrooksvilleJointVentureMember" xlink:label="loc_FRPHBrooksvilleJointVentureMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:to="loc_FRPHBrooksvilleJointVentureMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_BCFRPRealtyJointVentureMember" xlink:label="loc_FRPHBCFRPRealtyJointVentureMember" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:to="loc_FRPHBCFRPRealtyJointVentureMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_deiLegalEntityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_deiLegalEntityAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="loc_deiEntityDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiLegalEntityAxis" xlink:to="loc_deiEntityDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_VulcanMember" xlink:label="loc_FRPHVulcanMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityDomain" xlink:to="loc_FRPHVulcanMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_StJohnsMember" xlink:label="loc_FRPHStJohnsMember" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityDomain" xlink:to="loc_FRPHStJohnsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AreaOfRealEstateProperty" xlink:label="loc_us-gaapAreaOfRealEstateProperty" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAreaOfRealEstateProperty" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AreaOfLand" xlink:label="loc_us-gaapAreaOfLand" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAreaOfLand" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ContributionOfProperty" xlink:label="loc_us-gaapContributionOfProperty" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapContributionOfProperty" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaapEquityMethodInvestmentOwnershipPercentage" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentOwnershipPercentage" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherOwnershipInterestsValue" xlink:label="loc_us-gaapOtherOwnershipInterestsValue" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapOtherOwnershipInterestsValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentDividendsOrDistributions" xlink:label="loc_us-gaapEquityMethodInvestmentDividendsOrDistributions" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentDividendsOrDistributions" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AreaofLandContributed" xlink:label="loc_FRPHAreaofLandContributed" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHAreaofLandContributed" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AreaOfLandContributedStJohn" xlink:label="loc_FRPHAreaOfLandContributedStJohn" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHAreaOfLandContributedStJohn" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_LeaseholdInterest" xlink:label="loc_FRPHLeaseholdInterest" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHLeaseholdInterest" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ContributionofLand2" xlink:label="loc_FRPHContributionofLand2" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHContributionofLand2" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireLand" xlink:label="loc_us-gaapPaymentsToAcquireLand" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapPaymentsToAcquireLand" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AreaOfLandAcquired" xlink:label="loc_FRPHAreaOfLandAcquired" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHAreaOfLandAcquired" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaapIncomeLossFromEquityMethodInvestments" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapIncomeLossFromEquityMethodInvestments" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RetainedEarningsUndistributedEarningsFromEquityMethodInvestees" xlink:label="loc_us-gaapRetainedEarningsUndistributedEarningsFromEquityMethodInvestees" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapRetainedEarningsUndistributedEarningsFromEquityMethodInvestees" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.DetailsNarrative" xlink:title="00000042 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC. (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_NotesToFinancialStatementsAbstract" xlink:label="loc_FRPHNotesToFinancialStatementsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_FRPHNotesToFinancialStatementsAbstract" xlink:to="loc_us-gaapStatementTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaapStatementBusinessSegmentsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapStatementBusinessSegmentsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaapSegmentDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementBusinessSegmentsAxis" xlink:to="loc_us-gaapSegmentDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverFrontMember" xlink:label="loc_FRPHRiverFrontMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSegmentDomain" xlink:to="loc_FRPHRiverFrontMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstatePropertiesAxis" xlink:label="loc_us-gaapRealEstatePropertiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapRealEstatePropertiesAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstatePropertiesDomain" xlink:label="loc_us-gaapRealEstatePropertiesDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRealEstatePropertiesAxis" xlink:to="loc_us-gaapRealEstatePropertiesDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableByTypeAxis" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityInterestIssuedOrIssuableTypeDomain" xlink:label="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableByTypeAxis" xlink:to="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_RiverfrontIJointVentureMember" xlink:label="loc_FRPHRiverfrontIJointVentureMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityInterestIssuedOrIssuableTypeDomain" xlink:to="loc_FRPHRiverfrontIJointVentureMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_deiLegalEntityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable" xlink:to="loc_deiLegalEntityAxis" order="40" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="loc_deiEntityDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiLegalEntityAxis" xlink:to="loc_deiEntityDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_MRPMember" xlink:label="loc_FRPHMRPMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityDomain" xlink:to="loc_FRPHMRPMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AreaOfRealEstateProperty" xlink:label="loc_us-gaapAreaOfRealEstateProperty" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAreaOfRealEstateProperty" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetRentableArea" xlink:label="loc_us-gaapNetRentableArea" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapNetRentableArea" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_AreaofLandtoDevelop" xlink:label="loc_FRPHAreaofLandtoDevelop" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHAreaofLandtoDevelop" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AreaOfLand" xlink:label="loc_us-gaapAreaOfLand" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapAreaOfLand" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ContributionOfProperty" xlink:label="loc_us-gaapContributionOfProperty" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapContributionOfProperty" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_ContributionofLand2" xlink:label="loc_FRPHContributionofLand2" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHContributionofLand2" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireEquityMethodInvestments" xlink:label="loc_us-gaapPaymentsToAcquireEquityMethodInvestments" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapPaymentsToAcquireEquityMethodInvestments" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaapEquityMethodInvestmentOwnershipPercentage" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapEquityMethodInvestmentOwnershipPercentage" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_CapitalContribution" xlink:label="loc_FRPHCapitalContribution" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHCapitalContribution" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_SecondaryFinancing" xlink:label="loc_FRPHSecondaryFinancing" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHSecondaryFinancing" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConstructionLoanNoncurrent" xlink:label="loc_us-gaapConstructionLoanNoncurrent" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapConstructionLoanNoncurrent" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_PercentUnitsLeased" xlink:label="loc_FRPHPercentUnitsLeased" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHPercentUnitsLeased" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" xlink:label="loc_us-gaapBusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_us-gaapBusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="frph-20170930.xsd#FRPH_PercentLeasedAndOccupied" xlink:label="loc_FRPHPercentLeasedAndOccupied" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems" xlink:to="loc_FRPHPercentLeasedAndOccupied" xlink:type="arc" />
    </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>14
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6755172368">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Document and Entity Information<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th">
<div>Sep. 30, 2017 </div>
<div>shares</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_DocumentAndEntityInformationAbstract', window );"><strong>Document And Entity Information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">FRP HOLDINGS, INC.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000844059<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">10-Q<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Sep. 30,  2017<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CurrentFiscalYearEndDate', window );">Current Fiscal Year End Date</a></td>
<td class="text">--12-31<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityWellKnownSeasonedIssuer', window );">Is Entity a Well-known Seasoned Issuer?</a></td>
<td class="text">No<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityVoluntaryFilers', window );">Is Entity a Voluntary Filer?</a></td>
<td class="text">No<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCurrentReportingStatus', window );">Is Entity's Reporting Status Current?</a></td>
<td class="text">No<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFilerCategory', window );">Entity Filer Category</a></td>
<td class="text">Accelerated Filer<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCommonStockSharesOutstanding', window );">Entity Common Stock, Shares Outstanding</a></td>
<td class="nump">10,007,167<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalPeriodFocus', window );">Document Fiscal Period Focus</a></td>
<td class="text">Q3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalYearFocus', window );">Document Fiscal Year Focus</a></td>
<td class="text">2017<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_DocumentAndEntityInformationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_DocumentAndEntityInformationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>If the value is true, then the document is an amendment to previously-filed/accepted document.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CurrentFiscalYearEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>End date of current fiscal year in the format --MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CurrentFiscalYearEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gMonthDayItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalPeriodFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalPeriodFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fiscalPeriodItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalYearFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalYearFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gYearItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other".</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12b<br> -Subsection 1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCommonStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCommonStockSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCurrentReportingStatus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCurrentReportingStatus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFilerCategory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFilerCategory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:filerCategoryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12b<br> -Subsection 1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityVoluntaryFilers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityVoluntaryFilers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityWellKnownSeasonedIssuer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityWellKnownSeasonedIssuer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>15
<FILENAME>R2.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6756019616">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Balance Sheets - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsAbstract', window );"><strong>Assets:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Land', window );">Land</a></td>
<td class="nump">$ 127,744<span></span>
</td>
<td class="nump">$ 99,417<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BuildingsAndImprovementsGross', window );">Buildings and improvements</a></td>
<td class="nump">332,694<span></span>
</td>
<td class="nump">195,443<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConstructionInProgressGross', window );">Projects under construction</a></td>
<td class="nump">5,959<span></span>
</td>
<td class="nump">11,779<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateInvestmentPropertyAtCost', window );">Total investments in properties</a></td>
<td class="nump">466,397<span></span>
</td>
<td class="nump">306,639<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation', window );">Less accumulated depreciation and depletion</a></td>
<td class="nump">91,788<span></span>
</td>
<td class="nump">82,392<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateInvestmentPropertyNet', window );">Net investments in properties</a></td>
<td class="nump">374,609<span></span>
</td>
<td class="nump">224,247<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateInvestmentsOther', window );">Real estate held for investment, at cost</a></td>
<td class="nump">7,176<span></span>
</td>
<td class="nump">7,176<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures', window );">Investments in joint ventures</a></td>
<td class="nump">13,345<span></span>
</td>
<td class="nump">22,901<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateInvestments', window );">Net real estate investments</a></td>
<td class="nump">395,130<span></span>
</td>
<td class="nump">254,324<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents</a></td>
<td class="nump">2,630<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EscrowDeposit', window );">Cash held in escrow</a></td>
<td class="nump">186<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsReceivableNetCurrent', window );">Accounts receivable, net</a></td>
<td class="nump">1,033<span></span>
</td>
<td class="nump">710<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxReceivable', window );">Federal and state income taxes receivable</a></td>
<td class="nump">1,852<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRentReceivablesNet', window );">Unrealized rents</a></td>
<td class="nump">4,299<span></span>
</td>
<td class="nump">4,562<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCosts', window );">Deferred costs</a></td>
<td class="nump">10,781<span></span>
</td>
<td class="nump">6,786<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssets', window );">Other assets</a></td>
<td class="nump">181<span></span>
</td>
<td class="nump">178<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total assets</a></td>
<td class="nump">416,092<span></span>
</td>
<td class="nump">266,560<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAbstract', window );"><strong>Liabilities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCredit', window );">Lines of credit payable</a></td>
<td class="nump">6,440<span></span>
</td>
<td class="nump">6,665<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SecuredDebtCurrent', window );">Secured notes payable, current portion</a></td>
<td class="nump">4,674<span></span>
</td>
<td class="nump">4,526<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SecuredLongTermDebt', window );">Secured notes payable, less current portion</a></td>
<td class="nump">103,999<span></span>
</td>
<td class="nump">29,554<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent', window );">Accounts payable and accrued liabilities</a></td>
<td class="nump">4,825<span></span>
</td>
<td class="nump">3,747<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccruedEnvironmentalLossContingenciesCurrent', window );">Environmental remediation liability</a></td>
<td class="nump">2,037<span></span>
</td>
<td class="nump">2,037<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BankOverdrafts', window );">Bank overdraft</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">254<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TaxesPayableCurrentAndNoncurrent', window );">Federal and state income taxes payable</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">887<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenue', window );">Deferred revenue</a></td>
<td class="nump">1,397<span></span>
</td>
<td class="nump">1,126<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesNoncurrent', window );">Deferred income taxes</a></td>
<td class="nump">36,075<span></span>
</td>
<td class="nump">16,455<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationLiabilityCurrent', window );">Deferred compensation</a></td>
<td class="nump">1,485<span></span>
</td>
<td class="nump">1,475<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_DeferredLeaseIntangibleNet', window );">Deferred lease intangible, net</a></td>
<td class="nump">2<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SecurityDepositLiability', window );">Tenant security deposits</a></td>
<td class="nump">940<span></span>
</td>
<td class="nump">1,005<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Liabilities', window );">Total liabilities</a></td>
<td class="nump">161,874<span></span>
</td>
<td class="nump">67,740<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommitmentsAndContingencies', window );">Commitments and contingencies (Note 8)</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract', window );"><strong>Equity:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockValueOutstanding', window );">Common stock, $.10 par value; 25,000,000 shares authorized, 10,007,167 and 9,914,054 shares issued and outstanding, respectively</a></td>
<td class="nump">1,001<span></span>
</td>
<td class="nump">991<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdditionalPaidInCapitalCommonStock', window );">Capital in excess of par value</a></td>
<td class="nump">55,341<span></span>
</td>
<td class="nump">52,647<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RetainedEarningsUnappropriated', window );">Retained earnings</a></td>
<td class="nump">173,652<span></span>
</td>
<td class="nump">145,168<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Accumulated other comprehensive income, net</a></td>
<td class="nump">14<span></span>
</td>
<td class="nump">14<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Total shareholders' equity</a></td>
<td class="nump">230,008<span></span>
</td>
<td class="nump">198,820<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PartnersCapitalAttributableToNoncontrollingInterest', window );">Noncontrolling interest MRP</a></td>
<td class="nump">24,210<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest', window );">Total Equity</a></td>
<td class="nump">254,218<span></span>
</td>
<td class="nump">198,820<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquity', window );">Total liabilities and shareholders' equity</a></td>
<td class="nump">$ 416,092<span></span>
</td>
<td class="nump">$ 266,560<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_DeferredLeaseIntangibleNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_DeferredLeaseIntangibleNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.15(1),(5))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.15)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsReceivableNetCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(3))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(4))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsReceivableNetCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccruedEnvironmentalLossContingenciesCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying value of the obligation (known or estimated) arising from requirements to perform activities to remediate one or more sites, payable in twelve months or in the next operating cycle if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 410<br> -SubTopic 30<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=6393242&amp;loc=d3e13207-110859<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 450<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=82911808&amp;loc=d3e14326-108349<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=82887183&amp;loc=d3e6911-107765<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 410<br> -SubTopic 30<br> -Section 50<br> -Paragraph 10<br> -Subparagraph (d)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6393242&amp;loc=d3e13237-110859<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.20)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccruedEnvironmentalLossContingenciesCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=84228862&amp;loc=d3e637-108580<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14<br> -URI http://asc.fasb.org/extlink&amp;oid=84228862&amp;loc=d3e681-108580<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14A<br> -URI http://asc.fasb.org/extlink&amp;oid=84228862&amp;loc=SL7669686-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdditionalPaidInCapitalCommonStock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30)(a)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AdditionalPaidInCapitalCommonStock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(12))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(11))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BankOverdrafts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying value as of the balance sheet date of payments made in excess of existing cash balances, which will be honored by the bank but reflected as a loan to the entity. Overdrafts generally have a very short time frame for correction or repayment and are therefore more similar to short-term bank financing than trade financing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.20)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=99376301&amp;loc=d3e1243-112600<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BankOverdrafts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BuildingsAndImprovementsGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before accumulated depreciation of building structures held for productive use including addition, improvement, or renovation to the structure, including, but not limited to, interior masonry, interior flooring, electrical, and plumbing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=82887183&amp;loc=d3e6812-107765<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BuildingsAndImprovementsGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=82887183&amp;loc=d3e6676-107765<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3044-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommitmentsAndContingencies">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.(a),19)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 450<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=82911808&amp;loc=d3e14326-108349<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.17)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.25)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommitmentsAndContingencies</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockValueOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value of all classes of common stock held by shareholders. May be all or portion of the number of common shares authorized. These shares exclude common shares repurchased by the entity and held as treasury shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockValueOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConstructionInProgressGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of structure or a modification to a structure under construction. Includes recently completed structures or modifications to structures that have not been placed into service.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConstructionInProgressGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCompensationLiabilityCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate carrying value as of the balance sheet date of the liabilities for all deferred compensation arrangements payable within one year (or the operating cycle, if longer). Represents currently earned compensation under compensation arrangements that is not actually paid until a later date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 710<br> -SubTopic 10<br> -Section 30<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6409875&amp;loc=d3e20028-108363<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 710<br> -SubTopic 10<br> -Section 25<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=6409733&amp;loc=d3e19512-108361<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCompensationLiabilityCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts of deferred costs that are expected to be recognized as a charge against earnings in periods after one year or beyond the normal operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(17))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredRentReceivablesNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cumulative difference between the rental payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense over the term of the leased property, by the lessor or lessee, respectively. Such receivable is reduced by allowances attributable to, for instance, credit risk associated with a lessee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 35<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=77913719&amp;loc=d3e40879-112712<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 25<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=77902458&amp;loc=d3e39927-112707<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.8)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 25<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=77902458&amp;loc=d3e39896-112707<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredRentReceivablesNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred revenue as of balance sheet date. Deferred revenue represents collections of cash or other assets related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 605<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 13.A.3)<br> -URI http://asc.fasb.org/extlink&amp;oid=65893310&amp;loc=d3e214044-122780<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 605<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 13.A.4(a).Q1)<br> -URI http://asc.fasb.org/extlink&amp;oid=65893310&amp;loc=d3e214044-122780<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredRevenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, with jurisdictional netting and classified as noncurrent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 45<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=84176650&amp;loc=d3e31931-109318<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 45<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=84176650&amp;loc=d3e31958-109318<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=84176650&amp;loc=d3e31917-109318<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilitiesNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EscrowDeposit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The designation of funds furnished by a borrower to a lender to assure future payments of the borrower's real estate taxes and insurance obligations with respect to a mortgaged property. Escrow deposits may be made for a variety of other purposes such as earnest money and contingent payments. This element excludes replacement reserves which are an escrow separately provided for within the US GAAP taxonomy.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.10)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EscrowDeposit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount as of the balance sheet date of income taxes previously overpaid to tax authorities (such as U.S. Federal, state and local tax authorities) representing refunds of overpayments or recoveries based on agreed-upon resolutions of disputes. Also called income tax refund receivable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(8))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total investments in (A) an entity in which the entity has significant influence, but does not have control, (B) subsidiaries that are not required to be consolidated and are accounted for using the equity and or cost method, and (C) an entity in which the reporting entity shares control of the entity with another party or group. Includes long-term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.12)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Land">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before accumulated depletion of real estate held for productive use, excluding land held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=82887183&amp;loc=d3e6812-107765<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.13)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Land</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Liabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.19-26)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Liabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAndStockholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(25))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(32))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesAndStockholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LineOfCredit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LineOfCredit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of assets classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(17))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PartnersCapitalAttributableToNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total of all Partners' Capital (deficit) items which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(31))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 5<br> -Subparagraph (SAB Topic 5.F)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187171-122770<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(24))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 272<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6373374&amp;loc=d3e70434-108055<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PartnersCapitalAttributableToNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cumulative amount of depreciation for real estate property held for investment purposes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1(3))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateInvestmentPropertyAtCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of real estate investment property which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1(d))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateInvestmentPropertyAtCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateInvestmentPropertyNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1(d))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateInvestmentPropertyNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of real estate investments, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; (7) other real estate investments; (8) real estate joint ventures; and (9) unconsolidated real estate and other joint ventures not separately presented.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1(d))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateInvestmentsOther">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of real estate owned for income production and capital accretion potential, not otherwise specified in the existing taxonomy. Such real estate excludes that which is occupied or used in the business, for entertainment purposes, or held in inventory for specific purposes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1(d))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateInvestmentsOther</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RetainedEarningsUnappropriated">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A segregation of retained earnings which is available for dividend distribution. Earnings not paid out as dividends but instead reinvested in the core business or used to pay off debt. Unappropriated profit is part of shareholder equity. Also called cumulative distributions or earned surplus or accumulated earnings or unappropriated profit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30)(a)(3)(ii))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(23)(a)(4)(ii))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RetainedEarningsUnappropriated</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SecuredDebtCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying value as of the balance sheet date of the portion of long-term, collateralized debt obligations due within one year or the operating cycle, if longer. Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(16)(a)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(13))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(19))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SecuredDebtCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SecuredLongTermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount of collateralized debt obligations with maturities initially due after one year or beyond the operating cycle, if longer, excluding the current portion. Obligations include, but not limited to, mortgage loans, chattel loans, and other borrowings secured by assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SecuredLongTermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SecurityDepositLiability">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents money paid in advance to protect the provider of a product or service, such as a lessor, against damage or nonpayment by the buyer or tenant (lessee) during the term of the agreement. Such damages may include physical damage to the property, theft of property, and other contractual breaches. Security deposits held may be interest or noninterest bearing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.15(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SecurityDepositLiability</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SAB Topic 4.E)<br> -URI http://asc.fasb.org/extlink&amp;oid=27010918&amp;loc=d3e74512-122707<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(31))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4I<br> -URI http://asc.fasb.org/extlink&amp;oid=84234705&amp;loc=SL4590271-111686<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 16<br> -URI http://asc.fasb.org/extlink&amp;oid=96868048&amp;loc=SL4568740-111683<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=96868048&amp;loc=SL4568447-111683<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TaxesPayableCurrentAndNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(15))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(15)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TaxesPayableCurrentAndNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>16
<FILENAME>R3.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6894004320">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Balance Sheets (Parenthetical) - $ / shares<br></strong></div></th>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementOfFinancialPositionAbstract', window );"><strong>Statement of Financial Position [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockParOrStatedValuePerShare', window );">Common stock, par value</a></td>
<td class="nump">$ 0.10<span></span>
</td>
<td class="nump">$ 0.10<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesAuthorized', window );">Common stock, shares authorized</a></td>
<td class="nump">25,000,000<span></span>
</td>
<td class="nump">25,000,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Common stock, shares issued and outstanding</a></td>
<td class="nump">10,007,167<span></span>
</td>
<td class="nump">9,914,054<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockParOrStatedValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Face amount or stated value per share of common stock.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockParOrStatedValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesAuthorized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maximum number of common shares permitted to be issued by an entity's charter and bylaws.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockSharesAuthorized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementOfFinancialPositionAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementOfFinancialPositionAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>17
<FILENAME>R4.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6757047568">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements of Income - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2">3 Months Ended</th>
<th class="th" colspan="2">9 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenuesAbstract', window );"><strong>Revenues:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue', window );">Rental revenue</a></td>
<td class="nump">$ 8,738<span></span>
</td>
<td class="nump">$ 6,259<span></span>
</td>
<td class="nump">$ 21,243<span></span>
</td>
<td class="nump">$ 18,430<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueMineralSales', window );">Mining Royalty and rents</a></td>
<td class="nump">1,763<span></span>
</td>
<td class="nump">2,016<span></span>
</td>
<td class="nump">5,311<span></span>
</td>
<td class="nump">5,805<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TenantReimbursements', window );">Revenue - reimbursements</a></td>
<td class="nump">1,553<span></span>
</td>
<td class="nump">1,501<span></span>
</td>
<td class="nump">4,182<span></span>
</td>
<td class="nump">4,399<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Total revenues</a></td>
<td class="nump">12,054<span></span>
</td>
<td class="nump">9,776<span></span>
</td>
<td class="nump">30,736<span></span>
</td>
<td class="nump">28,634<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingCostsAndExpensesAbstract', window );"><strong>Cost of operations:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_OperatingCostsDepreciationDepletionAmortization', window );">Depreciation, depletion and amortization</a></td>
<td class="nump">4,769<span></span>
</td>
<td class="nump">2,160<span></span>
</td>
<td class="nump">9,030<span></span>
</td>
<td class="nump">6,155<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingCostsAndExpenses', window );">Operating expenses</a></td>
<td class="nump">1,879<span></span>
</td>
<td class="nump">1,146<span></span>
</td>
<td class="nump">3,882<span></span>
</td>
<td class="nump">3,651<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EnvironmentalRemediationExpense', window );">Environmental remediation expense</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">2,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateTaxExpense', window );">Property taxes</a></td>
<td class="nump">1,401<span></span>
</td>
<td class="nump">1,087<span></span>
</td>
<td class="nump">3,592<span></span>
</td>
<td class="nump">3,357<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ServiceManagementCosts', window );">Management company indirect</a></td>
<td class="nump">560<span></span>
</td>
<td class="nump">419<span></span>
</td>
<td class="nump">1,504<span></span>
</td>
<td class="nump">1,340<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostOfServices', window );">Corporate expenses (Note 4 Related Party)</a></td>
<td class="nump">617<span></span>
</td>
<td class="nump">656<span></span>
</td>
<td class="nump">2,510<span></span>
</td>
<td class="nump">2,348<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpenses', window );">Total cost of operations</a></td>
<td class="nump">9,226<span></span>
</td>
<td class="nump">5,468<span></span>
</td>
<td class="nump">20,518<span></span>
</td>
<td class="nump">18,851<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingIncomeLoss', window );">Total operating profit</a></td>
<td class="nump">2,828<span></span>
</td>
<td class="nump">4,308<span></span>
</td>
<td class="nump">10,218<span></span>
</td>
<td class="nump">9,783<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestAndOtherIncome', window );">Interest income</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest expense</a></td>
<td class="num">(1,251)<span></span>
</td>
<td class="num">(273)<span></span>
</td>
<td class="num">(1,870)<span></span>
</td>
<td class="num">(1,080)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromEquityMethodInvestments', window );">Equity in loss of joint ventures</a></td>
<td class="num">(12)<span></span>
</td>
<td class="num">(652)<span></span>
</td>
<td class="num">(1,589)<span></span>
</td>
<td class="num">(924)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain', window );">Gain on remeasurement of investment in real estate partnership</a></td>
<td class="nump">60,196<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">60,196<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnSaleOfProperties', window );">Loss on investment land sold</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(148)<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(257)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic', window );">Income before income taxes</a></td>
<td class="nump">61,761<span></span>
</td>
<td class="nump">3,235<span></span>
</td>
<td class="nump">66,955<span></span>
</td>
<td class="nump">7,523<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision for income taxes</a></td>
<td class="nump">16,577<span></span>
</td>
<td class="nump">1,278<span></span>
</td>
<td class="nump">18,615<span></span>
</td>
<td class="nump">2,972<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProfitLoss', window );">Net income</a></td>
<td class="nump">45,184<span></span>
</td>
<td class="nump">1,957<span></span>
</td>
<td class="nump">48,340<span></span>
</td>
<td class="nump">4,551<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossAttributableToNoncontrollingInterest', window );">Income attributable to noncontrolling interest</a></td>
<td class="nump">19,793<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">19,793<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income attributable to the Company</a></td>
<td class="nump">$ 25,391<span></span>
</td>
<td class="nump">$ 1,957<span></span>
</td>
<td class="nump">$ 28,547<span></span>
</td>
<td class="nump">$ 4,551<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareAbstract', window );"><strong>Earnings per common share:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasic', window );">Basic</a></td>
<td class="nump">$ 2.54<span></span>
</td>
<td class="nump">$ .20<span></span>
</td>
<td class="nump">$ 2.86<span></span>
</td>
<td class="nump">$ .46<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareDiluted', window );">Diluted</a></td>
<td class="nump">$ 2.52<span></span>
</td>
<td class="nump">$ .20<span></span>
</td>
<td class="nump">$ 2.84<span></span>
</td>
<td class="nump">$ .46<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract', window );"><strong>Number of shares (in thousands) used in computing:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic', window );">-basic earnings per common share</a></td>
<td class="nump">10,004<span></span>
</td>
<td class="nump">9,865<span></span>
</td>
<td class="nump">9,967<span></span>
</td>
<td class="nump">9,860<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding', window );">-diluted earnings per common share</a></td>
<td class="nump">10,066<span></span>
</td>
<td class="nump">9,908<span></span>
</td>
<td class="nump">10,035<span></span>
</td>
<td class="nump">9,902<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_OperatingCostsDepreciationDepletionAmortization">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_OperatingCostsDepreciationDepletionAmortization</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>In a business combination achieved in stages, this element represents the amount of gain recognized by the entity as a result of remeasuring to fair value the equity interest in the acquiree it held before the business combination.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 805<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (g)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=79982066&amp;loc=d3e1392-128463<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CostOfServices">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total costs related to services rendered by an entity during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.2(d))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CostOfServices</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 55<br> -Paragraph 52<br> -URI http://asc.fasb.org/extlink&amp;oid=96948231&amp;loc=d3e4984-109258<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(19))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=96947427&amp;loc=d3e1252-109256<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(21))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareDiluted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(19))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=96947427&amp;loc=d3e1252-109256<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(21))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareDiluted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EnvironmentalRemediationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The charge against earnings in the period for known or estimated future costs arising from requirements to perform environmental remediation activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 410<br> -SubTopic 30<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=6393242&amp;loc=d3e13296-110859<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EnvironmentalRemediationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnSaleOfProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The difference between the carrying value and the sale price of real estate or properties that were intended to be sold or held for capital appreciation or rental income. This element refers to the gain (loss) included in earnings and not to the cash proceeds of the sale. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainLossOnSaleOfProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossAttributableToNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, before tax, of income (loss) attributable to noncontrolling interest. Includes, but is not limited to, income (loss) from continuing operations, discontinued operations and equity method investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.19)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossAttributableToNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of earnings or loss from continuing operations before income taxes that is attributable to domestic operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h)(1)(i))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromEquityMethodInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(12))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66022249&amp;loc=d3e33749-111570<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(13)(f))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossFromEquityMethodInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a),(b)<br> -URI http://asc.fasb.org/extlink&amp;oid=84230637&amp;loc=d3e32639-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestAndOtherIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest income and other income recognized during the period. Included in this element is interest derived from investments in debt securities, cash and cash equivalents, and other investments which reflect the time value of money or transactions in which the payments are for the use or forbearance of money and other income from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InterestAndOtherIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of the cost of borrowed funds accounted for as interest expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6450988&amp;loc=d3e26243-108391<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=64930785&amp;loc=d3e28555-108399<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04.9)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InterestExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingCostsAndExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingCostsAndExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingCostsAndExpensesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingCostsAndExpensesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net result for the period of deducting operating expenses from operating revenues.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total amount of revenue recognized for the period from operating leases, including minimum lease revenue, contingent revenue, percentage revenue and sublease revenue.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 25<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=77902458&amp;loc=d3e39896-112707<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeasesIncomeStatementLeaseRevenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4K<br> -URI http://asc.fasb.org/extlink&amp;oid=84234705&amp;loc=SL4591552-111686<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 19<br> -URI http://asc.fasb.org/extlink&amp;oid=96868048&amp;loc=SL4569616-111683<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (c)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=84161450&amp;loc=SL4573702-111684<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4J<br> -URI http://asc.fasb.org/extlink&amp;oid=84234705&amp;loc=SL4591551-111686<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=84161450&amp;loc=SL4573702-111684<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateTaxExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A tax based on the assessed value of real estate by the local government. The tax is usually based on the value of property (including the land).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 720<br> -SubTopic 30<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6419918&amp;loc=d3e35301-107843<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateTaxExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RevenueMineralSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate revenue from the sale of minerals and related products, and from rendering services such as exploration, development, mining, processing and providing mining support activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.1(a),(d))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RevenueMineralSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Revenues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Revenues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RevenuesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RevenuesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ServiceManagementCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate costs related to delivering management services during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.2(d))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ServiceManagementCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TenantReimbursements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>In accordance with the provisions of their lease agreement, this element represents allowable charges due a landlord from its tenant. In retail store and office building leases, for example, tenant reimbursements may cover items such as taxes, utilities, and common area expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.1(e))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TenantReimbursements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 16<br> -URI http://asc.fasb.org/extlink&amp;oid=96947427&amp;loc=d3e1505-109256<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=96947427&amp;loc=d3e1448-109256<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>18
<FILENAME>R5.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6894033648">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2">3 Months Ended</th>
<th class="th" colspan="2">9 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementAbstract', window );"><strong>Income Statement [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest', window );">Comprehensive income</a></td>
<td class="nump">$ 45,184<span></span>
</td>
<td class="nump">$ 1,957<span></span>
</td>
<td class="nump">$ 48,340<span></span>
</td>
<td class="nump">$ 4,551<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest', window );">Less: comprehensive income attributable to noncontrolling interests</a></td>
<td class="nump">19,793<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">19,793<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComprehensiveIncomeNetOfTax', window );">Comprehensive income attributable to the Company</a></td>
<td class="nump">$ 25,391<span></span>
</td>
<td class="nump">$ 1,957<span></span>
</td>
<td class="nump">$ 28,547<span></span>
</td>
<td class="nump">$ 4,551<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ComprehensiveIncomeNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=84228862&amp;loc=d3e557-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ComprehensiveIncomeNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 21<br> -URI http://asc.fasb.org/extlink&amp;oid=96868048&amp;loc=SL4613674-111683<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=96868048&amp;loc=SL4569643-111683<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4K<br> -URI http://asc.fasb.org/extlink&amp;oid=84234705&amp;loc=SL4591552-111686<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 19<br> -URI http://asc.fasb.org/extlink&amp;oid=96868048&amp;loc=SL4569616-111683<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4K<br> -URI http://asc.fasb.org/extlink&amp;oid=84234705&amp;loc=SL4591552-111686<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeStatementAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeStatementAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>19
<FILENAME>R6.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6755367632">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements of Cash Flows (Unaudited) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2">9 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract', window );"><strong>Cash flows from operating activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProfitLoss', window );">Net income</a></td>
<td class="nump">$ 48,340<span></span>
</td>
<td class="nump">$ 4,551<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract', window );"><strong>Adjustments to reconcile net income to net cash provided by operating activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DepreciationDepletionAndAmortization', window );">Depreciation, depletion and amortization</a></td>
<td class="nump">9,228<span></span>
</td>
<td class="nump">6,329<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefit', window );">Deferred income taxes</a></td>
<td class="nump">19,620<span></span>
</td>
<td class="num">(1,551)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromEquityMethodInvestments', window );">Equity in loss of joint ventures</a></td>
<td class="nump">1,589<span></span>
</td>
<td class="nump">924<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain', window );">Gain on remeasurement of investment in real estate partnership</a></td>
<td class="num">(60,196)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnSaleOfPropertyPlantEquipment', window );">Loss on sale of equipment and property</a></td>
<td class="nump">12<span></span>
</td>
<td class="nump">238<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllocatedShareBasedCompensationExpense', window );">Stock-based compensation</a></td>
<td class="nump">588<span></span>
</td>
<td class="nump">506<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInOperatingAssetsAbstract', window );"><strong>Net changes in operating assets and liabilities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInAccountsReceivable', window );">Accounts receivable</a></td>
<td class="num">(283)<span></span>
</td>
<td class="num">(418)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets', window );">Deferred costs and other assets</a></td>
<td class="num">(1,221)<span></span>
</td>
<td class="num">(1,066)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities', window );">Accounts payable and accrued liabilities</a></td>
<td class="nump">444<span></span>
</td>
<td class="nump">5,141<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable', window );">Income taxes payable and receivable</a></td>
<td class="num">(2,739)<span></span>
</td>
<td class="num">(1,026)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities', window );">Other long-term liabilities</a></td>
<td class="num">(61)<span></span>
</td>
<td class="nump">34<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivities', window );">Net cash provided by operating activities</a></td>
<td class="nump">15,321<span></span>
</td>
<td class="nump">13,662<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract', window );"><strong>Cash flows from investing activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment', window );">Investments in properties</a></td>
<td class="num">(12,595)<span></span>
</td>
<td class="num">(17,015)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireInterestInJointVenture', window );">Investments in joint ventures</a></td>
<td class="num">(621)<span></span>
</td>
<td class="num">(715)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromProductiveAssets', window );">Proceeds from sale of assets</a></td>
<td class="nump">16<span></span>
</td>
<td class="nump">2,147<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAcquiredFromAcquisition', window );">Cash at consolidation of real estate partnership</a></td>
<td class="nump">2,295<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInRestrictedCash', window );">Cash held in escrow</a></td>
<td class="num">(15)<span></span>
</td>
<td class="nump">1,174<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivities', window );">Net cash used in investing activities</a></td>
<td class="num">(10,920)<span></span>
</td>
<td class="num">(14,409)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract', window );"><strong>Cash flows from financing activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromRepaymentsOfBankOverdrafts', window );">Decrease in bank overdrafts</a></td>
<td class="num">(254)<span></span>
</td>
<td class="num">(63)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromIssuanceOfLongTermDebt', window );">Proceeds from long-term debt</a></td>
<td class="nump">43<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfLongTermDebt', window );">Repayment of long-term debt</a></td>
<td class="num">(3,367)<span></span>
</td>
<td class="num">(3,159)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromLinesOfCredit', window );">Proceeds from borrowing on revolving credit facility</a></td>
<td class="nump">12,845<span></span>
</td>
<td class="nump">18,042<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfLinesOfCredit', window );">Payment on revolving credit facility</a></td>
<td class="num">(13,070)<span></span>
</td>
<td class="num">(14,163)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsOfDebtIssuanceCosts', window );">Debt issue costs</a></td>
<td class="num">(21)<span></span>
</td>
<td class="num">(139)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForRepurchaseOfCommonStock', window );">Repurchase of Company Stock</a></td>
<td class="num">(74)<span></span>
</td>
<td class="num">(43)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions', window );">Exercise of employee stock options</a></td>
<td class="nump">2,127<span></span>
</td>
<td class="nump">272<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivities', window );">Net cash (used in) provided by financing activities</a></td>
<td class="num">(1,771)<span></span>
</td>
<td class="nump">747<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease', window );">Net increase in cash and cash equivalents</a></td>
<td class="nump">2,630<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents at beginning of period</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents at end of the period</a></td>
<td class="nump">$ 2,630<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AllocatedShareBasedCompensationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 14.F)<br> -URI http://asc.fasb.org/extlink&amp;oid=27013229&amp;loc=d3e301413-122809<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5047-113901<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (h)(1)(i)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AllocatedShareBasedCompensationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>In a business combination achieved in stages, this element represents the amount of gain recognized by the entity as a result of remeasuring to fair value the equity interest in the acquiree it held before the business combination.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 805<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (g)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=79982066&amp;loc=d3e1392-128463<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAcquiredFromAcquisition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow associated with the acquisition of business during the period (for example, cash that was held by the acquired business).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3179-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAcquiredFromAcquisition</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=82887183&amp;loc=d3e6676-107765<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3044-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3521-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 230<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=98513438&amp;loc=d3e33268-110906<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=84230637&amp;loc=d3e32639-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 6.I.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredIncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DepreciationDepletionAndAmortization">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DepreciationDepletionAndAmortization</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnSaleOfPropertyPlantEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainLossOnSaleOfPropertyPlantEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromEquityMethodInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(12))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66022249&amp;loc=d3e33749-111570<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(13)(f))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossFromEquityMethodInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccountsReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInAccountsReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in the amounts payable to taxing authorities for taxes that are based on the reporting entity's earnings, net of amounts receivable from taxing authorities for refunds of overpayments or recoveries of income taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInOperatingAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInOperatingAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) in noncurrent operating liabilities classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) in prepaid expenses, and assets classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInRestrictedCash">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net cash inflow or outflow for the increase (decrease) associated with funds that are not available for withdrawal or use (such as funds held in escrow) and are associated with underlying transactions that are classified as investing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3213-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3179-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInRestrictedCash</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3521-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 26<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3574-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3521-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 26<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3574-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3521-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3536-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForProceedsFromProductiveAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net cash outflow or inflow from purchases, sales and disposals of property, plant and equipment and other productive assets, including intangibles.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsForProceedsFromProductiveAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForRepurchaseOfCommonStock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to reacquire common stock during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3291-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsForRepurchaseOfCommonStock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsOfDebtIssuanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3291-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsOfDebtIssuanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireInterestInJointVenture">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow associated with the investment in or advances to an entity in which the reporting entity shares control of the entity with another party or group.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 13<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3213-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsToAcquireInterestInJointVenture</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 13<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3213-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsToAcquirePropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromIssuanceOfLongTermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3255-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromIssuanceOfLongTermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow from issuance of shares under share-based compensation arrangement. Issuance includes, but is not limited to, exercise of stock options and similar instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3255-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2A<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=SL79508275-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromLinesOfCredit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow from contractual arrangement with the lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3255-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(f))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromLinesOfCredit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromRepaymentsOfBankOverdrafts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net cash inflow or outflow from the excess drawing from an existing cash balance, which will be honored by the bank but reflected as a loan to the drawer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3095-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 9<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3098-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromRepaymentsOfBankOverdrafts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4K<br> -URI http://asc.fasb.org/extlink&amp;oid=84234705&amp;loc=SL4591552-111686<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 19<br> -URI http://asc.fasb.org/extlink&amp;oid=96868048&amp;loc=SL4569616-111683<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (c)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=84161450&amp;loc=SL4573702-111684<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4J<br> -URI http://asc.fasb.org/extlink&amp;oid=84234705&amp;loc=SL4591551-111686<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=84161450&amp;loc=SL4573702-111684<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfLinesOfCredit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash outflow for payment of an obligation from a lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3291-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(f))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RepaymentsOfLinesOfCredit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfLongTermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3291-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RepaymentsOfLongTermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>20
<FILENAME>R7.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6610228096">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Description of Business and Basis of Presentation<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract', window );"><strong>Organization, Consolidation and Presentation of Financial Statements [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock', window );">Basis of Presentation and Basis of Presentation</a></td>
<td class="text"><p style="margin: 0pt"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>(1) Description of Business and Basis of
Presentation. </b></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">FRP Holdings, Inc. (&#8220;FRP&#8221; or the
&#8220;Company&#8221;) is a holding company engaged in the real estate business, namely (i) warehouse/office/residential building
ownership, leasing and management, (ii) mining royalty land ownership and leasing and (iii) land acquisition, entitlement and development
primarily for future warehouse/office or residential building construction.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying consolidated financial statements
include the accounts of FRP Holdings, Inc. (the &#8220;Company&#8221; or &#8220;FRP&#8221;) inclusive of our operating real estate
subsidiaries, FRP Development Corp. (&#8220;Development&#8221;) and Florida Rock Properties, Inc. (&#8221;Properties&#8221;). Our
investment in the Brooksville joint venture and BC FRP Realty joint venture are accounted for under the equity method of accounting
(See Note 11).</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Effective July 1, 2017 the Company consolidated
the assets (at fair value), liabilities and operating results of our Riverfront Investment Partners I, LLC partnership (&#8220;Dock
79&#8221;) which was previously accounted for under the equity method. The ownership of Dock 79 attributable to our partner MRP
Realty is reflected on our consolidated balance sheet as a noncontrolling interest. Such noncontrolling interests are reported
on the Consolidated Balance Sheets within equity but separately from shareholders' equity. On the Consolidated Statements of Income,
all of the revenues and expenses from Dock 79 are reported in net income, including both the amounts attributable to the Company
and the noncontrolling interest. The amounts of consolidated net income attributable to the noncontrolling interest is clearly
identified on the accompanying Consolidated Statements of Income.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">These statements have been prepared in accordance
with accounting principles generally accepted in the United States of America for interim financial information and the instructions
to Form 10-Q and do not include all the information and footnotes required by accounting principles generally accepted in the United
States of America for complete financial statements. In the opinion of management, all adjustments (primarily consisting of normal
recurring accruals) considered necessary for a fair statement of the results for the interim periods have been included. Operating
results for the nine months ended September 30, 2017 are not necessarily indicative of the results that may be expected for the
year ending December 31, 2017. The accompanying consolidated financial statements and the information included under the heading
&#34;Management's Discussion and Analysis of Financial Condition and Results of Operations&#34; should be read in conjunction with
the Company's consolidated financial statements and related notes included in the Company&#8217;s Form 10-K for the year ended
September 30, 2016.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On December 19, 2016, the Company changed its
fiscal year end from September 30 to December 31. The quarter ended December 31, 2016 was a transition period.</p>



<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for the business description and basis of presentation concepts.  Business description describes the nature and type of organization including but not limited to organizational structure as may be applicable to holding companies, parent and subsidiary relationships, business divisions, business units, business segments, affiliates and information about significant ownership of the reporting entity.  Basis of presentation describes the underlying basis used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -URI http://asc.fasb.org/topic&amp;trid=2122149<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 275<br> -URI http://asc.fasb.org/topic&amp;trid=2134479<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -URI http://asc.fasb.org/topic&amp;trid=2122369<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>21
<FILENAME>R8.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6896949504">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Recently Issued Accounting Standards<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_NotesToFinancialStatementsAbstract', window );"><strong>Notes to Financial Statements</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock', window );">Recently Issued Accounting Standards</a></td>
<td class="text"><p style="margin: 0pt"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>(2) Recently Issued Accounting Standards.
</b>In February 2016, the FASB issued ASU No. 2016-02, &#8220;Leases&#8221;, which requires lessees to recognize a right-to-use
asset and a lease obligation for all leases. Lessees are permitted to make an accounting policy election to not recognize an asset
and liability for leases with a term of twelve months or less. Additional qualitative and quantitative disclosures, including significant
judgments made by management, will be required. Lessors will account for leases using an approach that is substantially equivalent
to existing accounting standards. The new standard will become effective for the Company beginning with the first quarter 2019
and requires a modified retrospective transition approach and includes a number of practical expedients. Early adoption of the
standard is permitted. As the Company is primarily a lessor the adoption of this guidance is not expected to have a material impact
on its financial statements.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In May 2014, the FASB issued ASU No. 2014-09,
&#8220;Revenue from Contracts with Customers&#8221; which replaces existing revenue recognition standards and significantly expand
the disclosure requirements for revenue arrangements. It may be adopted either retrospectively or on a modified retrospective basis
to new contracts and existing contracts with remaining performance obligations as of the effective date. While lease contracts
with customers, which constitute a vast majority of our revenues, are a specific scope exception, certain of our revenue streams
may be impacted by the new guidance. The new standard is effective beginning with the first quarter of 2018. The Company currently
does not expect the adoption of this guidance to result in a material impact on its financial statements.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="font-size: 11pt">In March 2016,
the FASB issued ASU No. 2016-09, &#8220;Compensation&#8212;Stock Compensation (Topic 718): Improvements to Employee Share-Based
Payment Accounting&#8221;. The ASU includes multiple provisions intended to simplify various aspects of the accounting for share-based
payments. Excess tax benefits for share-based payments are recorded as a reduction of income taxes and reflected in operating cash
flows upon the adoption of this ASU. Excess tax benefits were recorded in equity and as financing activity prior to adoption of
this ASU. In addition, the guidance allows for a policy election to account for forfeitures as they occur rather than on an estimated
basis. The Company adopted this guidance prospectively as of October 1, 2016. As a result of this adoption in the nine months of
2017 we recorded a $14,000 reduction of income tax expense from excess tax benefits on stock option exercises</font>.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In January 2017, the FASB issued ASU No. 2017-01,
&#8220;Business Combinations (Topic 805): Clarifying the Definition of a Business&#8221;, to clarify the definition of a business
with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions
of assets or businesses. To be considered a business, an acquisition would have to include an input and a substantive process that
together significantly contribute to the ability to create outputs. The new guidance provides a framework to evaluate when an input
and a substantive process are present. To be a business without outputs, there will now need to be an organized workforce. ASU
2017-01 further states that when substantially all of the fair value of gross assets acquired is concentrated in a single asset
(or a group of similar assets), the assets acquired would not represent a business. The Company adopted this guidance prospectively
as of July 1, 2017. The Company expects this standard to result in building acquisitions being considered an asset rather than
a business. This change will result in acquisition costs being capitalized as part of the asset acquisition, whereas prior treatment
has them recognized in earnings in the period incurred.</p>



<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_NotesToFinancialStatementsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_NotesToFinancialStatementsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 250<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64853466&amp;loc=d3e22580-107794<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 270<br> -SubTopic 10<br> -Section 45<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=68064558&amp;loc=d3e765-108305<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 250<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=64853466&amp;loc=d3e22499-107794<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 270<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.10-01.(b)(6))<br> -URI http://asc.fasb.org/extlink&amp;oid=27015980&amp;loc=d3e46468-122699<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 250<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=64853466&amp;loc=d3e22583-107794<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 270<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=68064558&amp;loc=d3e725-108305<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>22
<FILENAME>R9.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6896221472">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Business Segments<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingAbstract', window );"><strong>Segment Reporting [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingDisclosureTextBlock', window );">Business Segments</a></td>
<td class="text"><p style="margin: 0pt"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><b>(3) Business Segments.</b> The
Company is reporting its financial performance based on four reportable segments, Asset Management, Mining Royalty Lands, Land
Development and Construction and RiverFront on the Anacostia, as described below.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The Asset Management segment owns,
leases and manages warehouse/office buildings located predominately in the Baltimore/Northern Virginia/Washington, DC market area.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">Our Mining Royalty Lands segment
owns several properties comprising approximately 15,000 acres currently under lease for mining rents or royalties (this does not
include the 4,280 acres owned in our Brooksville joint venture with Vulcan Materials).&#160; Other than one location in Virginia,
all of these properties are located in Florida and Georgia.&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">Through our Land Development and
Construction segment, we own and are continuously monitoring for their &#8220;highest and best use&#8221; several parcels of land
that are in various stages of development.&#160; Our overall strategy in this segment is to convert all of our non-income producing
lands into income production through (i) an orderly process of constructing new buildings for us to own and operate or (ii) a sale
to, or joint venture with, third parties.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">In July 2017, Phase I (Dock 79) of
the development known as RiverFront on the Anacostia in Washington, D.C., a 300,000 square foot residential apartment building
developed by a joint venture between the Company and MRP SE Waterfront Residential, LLC (&#8220;MRP&#8221;), reached stabilization,
meaning 90% of the individual apartments have been leased and are occupied by third party tenants. Upon reaching stabilization,
the Company has, for a period of one year, the exclusive right to (i) cause the joint venture to sell the property or (ii) cause
the Company&#8217;s and MRP&#8217;s percentage interests in the joint venture to be adjusted so as to take into account the value
of the development at the time of stabilization. The attainment of stabilization also resulted in a change of control for accounting
purposes as the veto rights of the minority shareholder lapsed and the Company became the primary beneficiary. As such, beginning
July 1, 2017, the Company consolidated the assets (at current fair value), liabilities and operating results of the joint venture
as a new segment called RiverFront on the Anacostia.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">Operating results and certain other
financial data for the Company&#8217;s business segments are as follows (in thousands):</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Three Months ended</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Nine Months ended</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">September 30,</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">September 30,</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2017</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2016</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2017</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2016</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 47%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Revenues:</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 9%; layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Asset management</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">7,578</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">7,323</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">22,057</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">21,824</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Mining royalty lands</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,786</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,037</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,381</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,874</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Land development and construction</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">323</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">416</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">931</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">936</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;RiverFront on the Anacostia</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,367</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,367</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">12,054</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,776</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">30,736</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">28,634</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Operating profit:</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Before corporate expenses:</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;Asset management</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">3,336</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">3,245</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,071</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,986</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;Mining royalty lands</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,667</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,915</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,993</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,504</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;Land development and construction</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(390</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(196</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(1,168</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(3,359</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;RiverFront on the Anacostia</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(1,168</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(1,168</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Corporate expenses:</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;Allocated to asset management</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(350</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(339</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(1,424</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(1,213</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;Allocated to mining royalty lands</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(30</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(49</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(124</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(176</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;Allocated to land development and construction</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(210</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(268</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(935</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(959</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;Allocated to RiverFront on the Anacostia</font></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(27</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(27</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(617</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(656</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(2,510</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(2,348</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,828</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,308</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,218</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,783</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Interest expense:</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Asset management</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">374</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">273</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">993</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,080</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;RiverFront on the Anacostia</font></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">877</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">877</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;</font></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,251</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">273</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,870</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,080</font></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Depreciation, depletion and amortization:</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Asset management</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,090</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,071</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,112</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,891</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Mining royalty lands</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">17</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">24</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">91</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">70</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Land development and construction</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">98</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">65</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">263</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">194</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;RiverFront on the Anacostia</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,564</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,564</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,769</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,160</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,030</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,155</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Capital expenditures:</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Asset management</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,273</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,276</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,061</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">11,510</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Mining royalty lands</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">99</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">205</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Land development and construction</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,852</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,210</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,203</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,300</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;RiverFront on the Anacostia</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">331</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">331</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,456</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">14,585</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">12,595</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">17,015</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
</table>
<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">September 30,</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">December 31,</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Identifiable net assets</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2017</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2016</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 58%">&#160;</td>
    <td style="width: 7%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 12%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 7%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 12%">&#160;</td>
    <td style="width: 1%">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Asset management</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">180,827</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">169,736</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Mining royalty lands</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">38,744</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">39,259</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Land development and construction</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">44,162</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">57,126</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">RiverFront on the Anacostia</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">146,718</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Cash items</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,630</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Unallocated corporate assets</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">3,011</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">439</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">416,092</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">266,560</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
</table>


<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SegmentReportingAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SegmentReportingAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SegmentReportingDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -URI http://asc.fasb.org/topic&amp;trid=2134510<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SegmentReportingDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>23
<FILENAME>R10.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6612489072">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related Party Transactions<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionsAbstract', window );"><strong>Related Party Transactions [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionsDisclosureTextBlock', window );">Related Party Transactions</a></td>
<td class="text"><p style="margin: 0pt"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><b>(4) Related Party Transactions.
</b>The Company is a party to a Transition Services Agreement which resulted from our January 30, 2015 spin-off of Patriot Transportation
Holding, Inc. (Patriot). The Transition Services Agreement sets forth the terms on which Patriot will provide to FRP certain services
that were shared prior to the Spin-off, including the services of certain shared executive officers. The boards of the respective
companies amended and extended this agreement for one year effective April 1, 2017.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The consolidated statements of income
reflect charges and/or allocation from Patriot for these services of $352,000 and $362,000 for the three months ended September
30, 2017 and 2016, and $1,229,000 and $1,156,000 for the nine months ended September 30, 2017 and 2016, respectively. Included
in the charges above are amounts recognized for corporate executive stock-based compensation expense. These charges are reflected
as part of corporate expenses.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">To determine these allocations between
FRP and Patriot as set forth in the Transition Services Agreement, we generally employed the same methodology historically used
by the Company pre Spin-off to allocate said expenses and thus we believe that the allocations to FRP are a reasonable approximation
of the costs related to FRP&#8217;s operations but any such related-party transactions cannot be presumed to be carried out on
an arm&#8217;s-length basis as the terms were negotiated while Patriot was still a subsidiary of FRP.</p>



<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionsDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 850<br> -URI http://asc.fasb.org/topic&amp;trid=2122745<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionsDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>24
<FILENAME>R11.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6896568656">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Long-Term Debt<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtDisclosureAbstract', window );"><strong>Debt Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtTextBlock', window );">Long-Term Debt</a></td>
<td class="text"><p style="margin: 0pt"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><b>(5) Long-Term Debt. </b>Long-term
debt is summarized as follows (in thousands):</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">September 30,</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">December 31,</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2017</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2016</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 62%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Revolving credit (uncollateralized)</font></td>
    <td style="width: 4%; layout-grid-mode: line">&#160;</td>
    <td style="width: 3%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="width: 11%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,440</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 3%; layout-grid-mode: line">&#160;</td>
    <td style="width: 4%; layout-grid-mode: line">&#160;</td>
    <td style="width: 11%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,665</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">5.6% to 7.9% mortgage notes</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;due in installments through 2027</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">30,792</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">34,080</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">RiverFront construction loan</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">60,881</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">RiverFront EB5 secondary financing</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">17,000</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">115,113</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">40,745</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Less portion due within one year</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,674</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,526</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">110,439</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">36,219</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
</table>
<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">On January 30, 2015, the Company
entered into a five year credit agreement with Wells Fargo with a maximum facility amount of $20 million (the &#34;Credit Agreement&#34;).
The Credit Agreement provides a revolving credit facility (the &#8220;Revolver&#8221;) with a $10 million sublimit available for
standby letters of credit. As of September 30, 2017, there was $5,687,000 outstanding on the revolver, $2,266,000 outstanding under
letters of credit and $12,047,000 available for borrowing. The letters of credit were issued to guarantee certain obligations to
state agencies related to real estate development. Most of the letters of credit are irrevocable for a period of one year and typically
are automatically extended for additional one-year periods. The Revolver bears interest at a rate of 1.4% over the selected LIBOR,
which may change quarterly based on the Company&#8217;s ratio of Consolidated Total Debt to Consolidated Total Capital, as defined
which excludes FRP RiverFront. A commitment fee of 0.15% per annum is payable quarterly on the unused portion of the commitment.
The commitment fee may also change quarterly based upon the ratio described above. The credit agreement contains certain conditions
and financial covenants, including a minimum $110 million tangible net worth. As of September 30, 2017, the tangible net worth
covenant would have limited our ability to pay dividends or repurchase stock with borrowed funds to a maximum of $77.5 million
combined. The Company was in compliance with all covenants as of September 30, 2017.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">On July 24, 2015 the Company closed
on a five year, $20 million secured revolver with First Tennessee Bank with a twenty-four month window to convert up to the full
amount of the facility into a ten year term loan. Interest accrues at 1.90% over one month LIBOR plus an annual commitment fee
of 0.10%. As of September 30, 2017, there was $753,000 outstanding on the revolver and $19,247,000 available for borrowing. The
Company expects to close on a second facility with First Tennessee Bank with a $20 million ten year term loan secured by to-be-determined
collateral. The purpose of these loans is to facilitate growth through new construction in the Land Development and Construction
segment and/or acquisition of existing, operating buildings to be added to the Asset Management segment.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">Effective July 1, 2017 the Company
consolidated the assets (at current fair value), liabilities and operating results of our Riverfront Investment Partners I, LLC
partnership (&#8220;Dock 79&#8221;) which was previously accounted for under the equity method. As such the full amount of our
construction loan and secondary financing were recorded in the consolidated financial statements and described below. Both these
financing sources are non-recourse to FRP.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">Effective August 7, 2014, the Dock
79 obtained a commitment for a construction loan from a financial institution in the principal amount of $65,000,000 to fund certain
development and construction costs of the Dock 79. The initial maturity date of the loan is the earlier of (i) August 7, 2018,
or (ii) the date to which the loan is accelerated pursuant to certain terms as outlined in the agreement. Dock 79 has the option
to extend the initial maturity date for one extension period of four years (Extension Term) upon the compliance with and satisfaction
of certain conditions as defined in the agreement. The interest rate on the loan through the initial maturity date is based on
the 2.35% over one month LIBOR and the interest rate during the Extension Term (if any) until the maturity date will be based on
a fixed-interest rate swap or interest rate cap, as applicable, for the applicable LIBOR-based rate on the then applicable market
terms. Accrued interest is payable in arrears on the first day of each calendar month and on the maturity date. The outstanding
principal balance on all loans shall be due and payable in full on the maturity date. After maturity, accrued interest on all loans
shall be payable on demand. The loan is secured by any real and personal property of Dock 79. The agreement contains certain conditions,
affirmative financial covenants and negative covenants including the maintenance of a debt service ratio of not less than 1.25
to 1.00 during the Extension Term.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">Effective August 7, 2014, Dock 79
partnership member EB5 Capital-Jobs Fund 8, L.P. made an initial capital contribution of $17 million in cash into an escrow account
with a financial institution all of which have been used for construction. Associated with the $17 million cash contribution, EB5
is entitled to earn an investment return. The investment return requires the Dock 79 to pay interest monthly based on an annual
rate of 4.95% for the first 5 years and 8% thereafter, on the balance remaining of the initial capital contributed. Dock 79 is
required to repay or redeem EB5's membership interest for a purchase price equal to the sum of the balance of EB5's contribution
account, plus any accrued by unpaid investment return sixty months after the initial capital contribution, unless extended for
an additional twelve months in accordance with the agreement. Subsequent to the repayment of the investment return, EB5 will no
longer be a partner in the Dock 79. Due to the mandatory redemption requirements associated with the EB5 financing arrangement,
the related investment is classified as a liability on the balance sheets.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">During the three months ended September
30, 2017 and September 30, 2016 the Company capitalized interest costs of $210,000 and $382,000, respectively. During the nine
months ended September 30, 2017 and September 30, 2016 the Company capitalized interest costs of $812,000 and $864,000, respectively.</p>



<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for long-term debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -URI http://asc.fasb.org/topic&amp;trid=2208564<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>25
<FILENAME>R12.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6621279088">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings per Share<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareAbstract', window );"><strong>Earnings per common share:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareTextBlock', window );">Earnings per Share</a></td>
<td class="text"><p style="margin: 0pt"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><b>(6) Earnings per Share. </b>The
following details the computations of the basic and diluted earnings per common share (in thousands, except per share amounts):</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Three Months ended</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Nine Months ended</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">September 30,</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">September 30,</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2017</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2016</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2017</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="3" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2016</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Weighted average common shares</font></td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3">&#160;</td>
    <td>&#160;</td>
    <td colspan="3">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;outstanding during the period</font></td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3">&#160;</td>
    <td>&#160;</td>
    <td colspan="3">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;- shares used for basic</font></td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3">&#160;</td>
    <td>&#160;</td>
    <td colspan="3">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 46%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;earnings per common share</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,004</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 11%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,865</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 12%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,967</font></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,860</font></td>
    <td style="width: 1%">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Common shares issuable under</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;share based payment plans</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;which are potentially dilutive</font></td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">62</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">43</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">68</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">42</font></td>
    <td style="padding-bottom: 1pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Common shares used for diluted</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;earnings per common share</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,066</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,908</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,035</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,902</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Net income attributable to the Company</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">25,391</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,957</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">28,547</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,551</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Basic earnings per common share:</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Basic</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2.54</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">0.20</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2.86</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">0.46</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Diluted</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2.52</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">0.20</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2.84</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">0.46</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td></tr>
</table>
<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify">For the three and nine months ended September
30, 2017, 13,610 and 22,422 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings
per share because their inclusion would have been anti-dilutive. For the three and nine months ended September 30, 2016, 42,040
and 72,090 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because
their inclusion would have been anti-dilutive.</p>



<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for earnings per share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -URI http://asc.fasb.org/topic&amp;trid=2144383<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>26
<FILENAME>R13.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6620983152">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Stock-Based Compensation Plans<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract', window );"><strong>Disclosure of Compensation Related Costs, Share-based Payments [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock', window );">Stock-Based Compensation Plans</a></td>
<td class="text"><p style="margin: 0pt"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><b>(7) Stock-Based Compensation Plans.
</b>The Company has two Stock Option Plans (the 2006 Stock Incentive Plan and the 2016 Equity Incentive Option Plan) under which
options for shares of common stock were granted to directors, officers and key employees. The 2016 plan permits the grant of stock
options, stock appreciation rights, restricted stock awards, restricted stock units, or stock awards. The options awarded under
the plans have similar characteristics. All stock options are non-qualified and expire ten years from the date of grant. Stock
based compensation awarded to directors, officers and employees are exercisable immediately or become exercisable in cumulative
installments of 20% or 25% at the end of each year following the date of grant. When stock options are exercised the Company issues
new shares after receipt of exercise proceeds and taxes due, if any, from the grantee. The number of common shares available for
future issuance was 569,917 at September 30, 2017.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The Company utilizes the Black-Scholes
valuation model for estimating fair value of stock compensation for options awarded to officers and employees. Each grant is evaluated
based upon assumptions at the time of grant. The assumptions were no dividend yield, expected volatility between 35% and 46%, risk-free
interest rate of .3% to 4.2% and expected life of 3.0 to 7.0 years.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The dividend yield of zero is based
on the fact that the Company does not pay cash dividends and has no present intention to pay cash dividends. Expected volatility
is estimated based on the Company&#8217;s historical experience over a period equivalent to the expected life in years. The risk-free
interest rate is based on the U.S. Treasury constant maturity interest rate at the date of grant with a term consistent with the
expected life of the options granted. The expected life calculation is based on the observed and expected time to exercise options
by the employees.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">As previously disclosed, Thompson
S. Baker II resigned from his position as CEO and from the board of directors on March 13, 2017. In recognition of his outstanding
service to the Company, the Board approved the vesting of all of Mr. Baker's outstanding FRP stock options, which expired 90 days
following the termination of his employment. The vesting of Mr. Baker&#8217;s outstanding FRP options that were issued prior to
the spin-off required Patriot to record modification stock compensation expense of $150,000. FRP reimbursed Patriot for this cost
under the transition services agreement. The vesting of Mr. Baker&#8217;s outstanding FRP options that were issued subsequent to
the spin-off required modified stock compensation expense of $41,000.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The Company recorded the following
stock compensation expense in its consolidated statements of income (in thousands):</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><font style="font-family: Times New Roman, Times, Serif">Three Months ended</font></td>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td colspan="6" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><font style="font-family: Times New Roman, Times, Serif">Nine Months ended</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font-family: Times New Roman, Times, Serif">September 30,</font></td>
    <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="6" style="vertical-align: bottom; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font-family: Times New Roman, Times, Serif">September 30,</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font-family: Times New Roman, Times, Serif">2017</font></td>
    <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font-family: Times New Roman, Times, Serif">2016</font></td>
    <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><font style="font-family: Times New Roman, Times, Serif">2017</font></td>
    <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><font style="font-family: Times New Roman, Times, Serif">2016</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 45%; layout-grid-mode: line"><font style="font-family: Times New Roman, Times, Serif">Stock option grants</font></td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line"><font style="font-family: Times New Roman, Times, Serif">$</font></td>
    <td style="width: 9%; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">33</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 9%; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">31</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; border-top: Black 1pt solid">&#160;</td>
    <td style="width: 12%; border-top: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">143</font></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 10%; border-top: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">94</font></td>
    <td style="width: 1%">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font-family: Times New Roman, Times, Serif">Annual director stock award</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">445</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">412</font></td>
    <td style="padding-bottom: 1pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font-family: Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">33</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">31</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">588</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">506</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td></tr>
</table>
<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">A summary of changes in outstanding
options is presented below (in thousands, except share and per share amounts):</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Weighted</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Weighted</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Weighted</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Number</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Average</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Average</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Average</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Of</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Exercise</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Remaining</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Grant Date</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif"><u>Options</u></font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Shares</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="border-bottom: black 1pt solid; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Price</font></td>
    <td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Term (yrs)</font></td>
    <td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Fair Value(000's)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Outstanding at</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;January 1, 2017</font></td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">236,385</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">25.35</font></td>
    <td>&#160;</td>
    <td colspan="2">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6.1</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,440</font></td>
    <td colspan="2">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;Granted</font></td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,555</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">37.55</font></td>
    <td>&#160;</td>
    <td colspan="2">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">75</font></td>
    <td colspan="2">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;Modification</font></td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">30.21</font></td>
    <td>&#160;</td>
    <td colspan="2">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(137</font></td>
    <td colspan="2" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;Exercised</font></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(84,630</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">25.13</font></td>
    <td>&#160;</td>
    <td colspan="2">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(783</font></td>
    <td colspan="2" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Outstanding at</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td colspan="2">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td colspan="2">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;September 30, 2017</font></td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">156,310</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">25.82</font></td>
    <td>&#160;</td>
    <td colspan="2">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5.5</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,595</font></td>
    <td colspan="2">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Exercisable at</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;September 30, 2017</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">114,020</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">23.83</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4.7</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,010</font></td>
    <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Vested during</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;nine months ended</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;September 30, 2017</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">26,839</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">223</font></td>
    <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
<tr>
    <td style="width: 226px">&#160;</td>
    <td style="width: 7px">&#160;</td>
    <td style="width: 88px">&#160;</td>
    <td style="width: 8px">&#160;</td>
    <td style="width: 7px">&#160;</td>
    <td style="width: 17px">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="width: 5px">&#160;</td>
    <td style="width: 1px">&#160;</td>
    <td>&#160;</td>
    <td style="width: 88px">&#160;</td>
    <td style="width: 7px">&#160;</td>
    <td style="width: 7px">&#160;</td>
    <td style="width: 33px">&#160;</td>
    <td style="width: 149px">&#160;</td>
    <td style="width: 4px">&#160;</td>
    <td style="width: 4px">&#160;</td></tr>
</table>
<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The aggregate intrinsic value of
exercisable in-the-money options was $2,442,000 and the aggregate intrinsic value of outstanding in-the-money options was $3,037,000
based on the market closing price of $45.25 on September 29, 2017 less exercise prices.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The unrecognized compensation cost
of options granted to FRP employees but not yet vested as of September 30, 2017 was $343,000, which is expected to be recognized
over a weighted-average period of 3.5 years.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">Gains of $1,474,000 were realized
by option holders during the nine months ended September 30, 2017. Patriot realized the tax benefits of $1,365,000 of these gains
because these options were exercised by Patriot employees for options granted prior to the spin-off.</p>



<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan.  Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5047-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>27
<FILENAME>R14.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6896467088">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Contingent liabilities<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_NotesToFinancialStatementsAbstract', window );"><strong>Notes to Financial Statements</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_ContingentLiabilitiesTextBlock', window );">Contingent liabilities</a></td>
<td class="text"><p style="margin: 0pt"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><b>(8) Contingent Liabilities.</b>
Certain of the Company&#8217;s subsidiaries are involved in litigation on a number of matters and are subject to certain claims
which arise in the normal course of business. The Company has retained certain self-insurance risks with respect to losses for
third party liability and property damage. The liability at any point in time depends upon the relative ages and amounts of the
individual open claims. In the opinion of management, none of these matters are expected to have a material adverse effect on the
Company&#8217;s consolidated financial condition, results of operations or cash flows.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">Preliminary testing on the site of
the Company's four phase master development known as RiverFront on the Anacostia in Washington, D.C. indicated the presence of
contaminated material that will have to be specially handled upon excavation in conjunction with construction. The Company agreed
with our joint venture partner to bear the cost of handling the contaminated materials on the first phase of this development up
to a cap of $1.871 million. <font style="font-weight: normal">As of September 30, 2016, the excavation and foundation work for
Phase 1 were substantially complete and the total remediation expense was $1.833 million. </font>During the quarter ending December
31, 2015, management successfully completed negotiations and entered into a $3,000,000 settlement of environmental claims on all
four phases against our former tenant at the Riverfront on the Anacostia property and continues to pursue settlement negotiations
with other potentially responsible parties. The Company executed a letter of intent with MRP Realty in May 2016 to develop Phase
II of the Riverfront on the Anacostia project and recorded an estimated environmental remediation expense of $2.0 million for the
Company&#8217;s estimated liability under the proposed agreement. The Company has no obligation to remediate this contamination
on Phases III and IV of the development until such time as it makes a commitment to commence construction on each phase. The Company's
actual expense to address this issue may be materially higher or lower than the expense previously recorded depending upon the
actual costs incurred.</p>



<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_ContingentLiabilitiesTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_ContingentLiabilitiesTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_NotesToFinancialStatementsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_NotesToFinancialStatementsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>28
<FILENAME>R15.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6633302400">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Concentrations<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RisksAndUncertaintiesAbstract', window );"><strong>Risks and Uncertainties [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskDisclosureTextBlock', window );">Concentrations</a></td>
<td class="text"><p style="margin: 0pt"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><b>(9) Concentrations</b>.&#160;
One tenant accounts for 11% of the Company&#8217;s consolidated revenues during the quarter ended September 30, 2017.&#160; The
mining royalty lands segment has a total of four tenants currently leasing mining locations and one lessee that accounted for 15.4%
of the Company&#8217;s consolidated revenues during the nine months ended September 30, 2017 and $106,769 of accounts receivable
at September 30, 2017.&#160; The termination of these lessees&#8217; underlying leases could have a material adverse effect on
the Company. The Company places its cash and cash equivalents with First Tennessee Bank.&#160; At times, such amounts may exceed
FDIC limits.</p>



<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConcentrationRiskDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 275<br> -URI http://asc.fasb.org/topic&amp;trid=2134479<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConcentrationRiskDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RisksAndUncertaintiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RisksAndUncertaintiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>29
<FILENAME>R16.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6896467088">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Fair Value Measurements<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueDisclosuresAbstract', window );"><strong>Fair Value Disclosures [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueDisclosuresTextBlock', window );">Fair Value Measurements</a></td>
<td class="text"><p style="margin: 0pt"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><b>(10) Fair Value Measurements.
</b>Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction
between market participants at the measurement date. The fair value hierarchy prioritizes the inputs to valuation techniques used
to measure fair value into three broad levels. Level 1 means the use of quoted prices in active markets for identical assets or
liabilities. Level 2 means the use of values that are derived principally from or corroborated by observable market data. Level
3 means the use of inputs are those that are unobservable and significant to the overall fair value measurement.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">As of September 30, 2017 the Company
had no assets or liabilities measured at fair value on a recurring or non-recurring basis. Footnote 12 describes a remeasurement
to fair value of certain assets at July 1, 2017. At September 30, 2017 and 2016, the carrying amount reported in the consolidated
balance sheets for cash and cash equivalents, short-term notes payable and revolving credit approximate their fair value based
upon the short-term nature of these items.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The fair values of the Company&#8217;s
other mortgage notes payable were estimated based on current rates available to the Company for debt of the same remaining maturities.
At September 30, 2017, the carrying amount and fair value of such other long-term debt was $115,113,000 and $117,827,000, respectively.
At December 31, 2016, the carrying amount and fair value of such other long-term debt was $40,745,000 and $43,747,000, respectively.</p>



<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueDisclosuresAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueDisclosuresAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueDisclosuresTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -URI http://asc.fasb.org/topic&amp;trid=2155941<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueDisclosuresTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>30
<FILENAME>R17.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6896396416">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investment in Joint Ventures (Equity Method)<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract', window );"><strong>Equity Method Investments and Joint Ventures [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentsDisclosureTextBlock', window );">Investment in Joint Ventures (Equity Method)</a></td>
<td class="text"><p style="margin: 0pt"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><b>(11) Investments in Joint Ventures
(Equity Method). </b></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Brooksville. </i>In 2006, the Company entered
into a Joint Venture Agreement with Vulcan Materials Company to jointly own and develop approximately 4,300 acres of land near
Brooksville, Florida. Under the terms of the joint venture, FRP contributed its fee interest in approximately 3,443 acres formerly
leased to Vulcan under a long-term mining lease which had a net book value of $2,548,000. Vulcan is entitled to mine a portion
of the property until 2032 and pay royalties to the Company. FRP also contributed $3,018,000 for one-half of the acquisition costs
of a 288-acre contiguous parcel. Vulcan contributed 553 acres that it owned as well as its leasehold interest in the 3,443 acres
that it leased from FRP and $3,018,000 for one-half of the acquisition costs of the 288-acre contiguous parcel. The joint venture
is jointly controlled by Vulcan and FRP. Distributions will be made on a 50-50 basis except for royalties and depletion specifically
allocated to the Company. Other income for the nine months ended September 30, 2017 includes a loss of $31,000 representing the
Company&#8217;s portion of the loss of this joint venture.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>BC FRP Realty (Windlass Run).</i> During
the quarter ending March 2016, we entered into an agreement with a Baltimore development company (St. John Properties, Inc.) to
jointly develop the remaining lands of our Windlass Run Business Park. The 50/50 partnership initially calls for FRP to combine
its 25 acres (valued at $7,500,000) with St. John Properties&#8217; adjacent 10 acres fronting on a major state highway (valued
at $3,239,536) which resulted in an initial cash distribution of $2,130,232 to FRP in May, 2016. Thereafter, the venture will jointly
develop the combined properties into a multi-building business park to consist of approximately 329,000 square feet of single story
office space.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Investments in Joint Ventures (in thousands):</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="width: 32%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 9%; layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 13%; layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 12%; layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 13%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">The</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Company's</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Total Assets</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Net Loss</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Share of Net</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Total</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">of the</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">of the</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Loss of the</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Ownership</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Investment</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Partnership</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Partnership</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Partnership</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">As of September 30, 2017 </font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">RiverFront Holdings I, LLC (1)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;(2,019</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;(1,558</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Brooksville Quarry, LLC</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">50.00</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">%</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;7,487</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$ 14,445</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(62</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(31</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">BC FRP Realty, LLC</font></td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">50.00</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">%</font></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,858</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">12,298</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;Total</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$ 13,345</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$ 26,743</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;(2,081</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;(1,589</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">As of December 31, 2016 </font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">RiverFront Holdings I, LLC</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">77.14</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">%</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$10,151</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$90,420&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;(1,446</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;(1,115</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Brooksville Quarry, LLC</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">50.00</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">%</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">7,522</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">14,341</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(8</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(4</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">BC FRP Realty, LLC</font></td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">50.00</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">%</font></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,228</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,784</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;Total</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;22,901</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$ 115,545</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;(1,454</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;(1,119</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
</table>
<p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in">(1)</td><td style="text-align: justify">The Company consolidated this joint venture effective July 1, 2017 (see Footnote 12).</td></tr></table>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0">Balance Sheet at December 31, 2016 (in thousands):</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&#160;</p></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="15" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">As of December 31, 2016</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Riverfront</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Brooksville</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">BC FRP</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Holdings I, LLC</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Quarry, LLC</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Realty, LLC</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Total</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 47%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Cash</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 3%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="width: 9%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,023</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="width: 9%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">18</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="width: 9%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">21</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="width: 9%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,062</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Cash held in escrow</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">88</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">88</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Investments in real estate, net</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">89,309</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">14,323</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,763</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">114,395</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;Total Assets</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">90,420</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">14,341</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,784</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">115,545</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Other Liabilities</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,348</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">47</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,396</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Long-term Debt</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">69,042</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">69,042</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Capital &#8211; FRP</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,151</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">7,522</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,228</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">22,901</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Capital - Third Parties</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,879</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,818</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,509</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">17,206</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;Total Liabilities and Capital</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">90,420</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">14,341</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,784</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">115,545</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
</table>
<p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0">Income statements for the RiverFront Holdings I, LLC, prior to consolidation
July 1, 2017 (in thousands):</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Three Months Ended</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Nine Months Ended</font></td></tr>
<tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">September 30,</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">September 30,</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2017</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2016</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2017</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2016</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif"><b>Revenues:</b></font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 44%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;Rental Revenue</font></td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">3,053</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">127</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;Revenue &#8211; Reimbursements</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">127</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">33</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Total Revenues</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">127</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">3,086</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">127</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif"><b>Cost of operations:</b></font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;Depreciation and amortization</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">228</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,958</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">325</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;Operating expenses</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">405</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,096</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">621</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;Property taxes</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">41</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">459</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">41</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Total cost of operations</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">674</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">3,513</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">987</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif"><b>Total operating profit</b></font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(547</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(427</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(860</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Interest expense</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(280</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(1,592</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(280</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Net loss of the Partnership</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(827</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(2,019</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(1,140</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
</table>
<p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The amount of consolidated accumulated deficit
for these joint ventures&#160;was $(2,633,000) and $(1,667,000) as of September 30, 2017 and December 31, 2016 respectively.</p>



<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentsDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -URI http://asc.fasb.org/topic&amp;trid=2196965<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentsDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>31
<FILENAME>R18.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6896410864">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidation of RiverFront Investment Partners I, LLC.<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_NotesToFinancialStatementsAbstract', window );"><strong>Notes to Financial Statements</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_RiverFrontInvestmentPartnersI_LLCtextTextBlock', window );">Consolidation of RiverFront Investment Partners I, LLC.</a></td>
<td class="text"><p style="margin: 0pt"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>(12) Consolidation of RiverFront Investment
Partners I, LLC. </b>On March 30, 2012 the Company entered into a Contribution Agreement with MRP SE Waterfront Residential, LLC.
(&#8220;MRP&#8221;) to form a joint venture to develop the first phase only of the four phase master development known as RiverFront
on the Anacostia in Washington, D.C. The purpose of the Joint Venture is to develop and own an approximately 300,000 square foot
residential apartment building (including approximately 18,000 square feet of retail) on approximately 2 acres of the roughly 5.82
acre site. The joint venture, RiverFront Investment Partners I, LLC (&#8220;RiverFront I&#8221;) was formed in June 2013 as contemplated.
The Company contributed land with an agreed to value of $13,500,000 (cost basis of $6,165,000) and contributed cash of $4,866,000
to the Joint Venture for a 77.14% stake in the venture. MRP contributed capital of $5,553,000 to the joint venture including development
costs paid prior to formation of the joint venture. The Joint Venture closed on $17,000,000 of EB5 secondary financing and a nonrecourse
construction loan for $65,000,000 on August 8, 2014. Both these financing sources are non-recourse to FRP. At the time of these
financings, RiverFront Holdings I, LLC. was formed as a parent to RiverFront Investment Partners I, LLC with EB5 as an equity partner
in Riverfront Holdings I, LLC. Construction commenced in October 2014, first occupancy was in August 2016. As of September 30,
2017 96.4% of the units were leased. The Company&#8217;s equity interest in the joint venture was previously accounted for under
the equity method of accounting as MRP acts as the administrative agent of the joint venture and oversees and controls the day
to day operations of the project.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In July 2017, Phase I (Dock 79) reached stabilization,
meaning 90% of the individual apartments have been leased and are occupied by third party tenants. Upon reaching stabilization,
the Company has, for a period of one year, the exclusive right to (i) cause the joint venture to sell the property or (ii) cause
the Company&#8217;s and MRP&#8217;s percentage interests in the joint venture to be adjusted so as to take into account the contractual
payouts assuming a sale at the value of the development at the time of this &#8220;Conversion election&#8221;.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The attainment of stabilization results in
a change of control for accounting purposes as the veto rights of the minority shareholder lapsed and the Company became the primary
beneficiary. As such, beginning July 1, 2017, the Company consolidated the assets (at fair value), liabilities and operating results
of the joint venture. This consolidation resulted in a gain on remeasurement of investment in real estate partnership of $60,196,000
of which $20,469,000 was attributed to the noncontrolling interest. In accordance with the terms of the Joint Venture agreements,
the Company used the fair value amount at date of conversion and calculated an adjusted ownership under the Conversion election.
As such for financial reporting purposes effective July 1, 2017 the Company ownership is based upon this substantive profit sharing
arrangement and is estimated at 66.0% on a prospective basis.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="16" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">As of July 1, 2017</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Riverfront</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Gain on Remeasure-</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="5">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: center">&#160;</td></tr>
<tr>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Holdings I, LLC</font></td>
    <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">ment</font></td>
    <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="5" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Revised</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td colspan="5" style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Land</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">7,220</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">21,107</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">28,327</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Building and improvements, net</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">81,773</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">34,362</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">116,135</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Value of leases in place</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,727</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,727</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Cash</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,295</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,295</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Cash held in escrow</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">171</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">171</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Accounts receivable</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">40</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="padding-bottom: 1pt">&#160;</td>
    <td>&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">40</font></td>
    <td colspan="2" style="padding-bottom: 1pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Prepaid expenses</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">142</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">142</font></td>
    <td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;Total Assets</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">91,641</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">60,196</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td colspan="2" style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">151,837</font></td>
    <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Long-term Debt</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">78,587</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">78,587</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Amortizable debt costs</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(852</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(852</font></td>
    <td colspan="2" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Other liabilities</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">905</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2">&#160;</td>
    <td>&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">905</font></td>
    <td colspan="2">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Equity &#8211; FRP</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">8,583</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">39,727&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">48,310</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Equity - MRP</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,418</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">20,469&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">24,887</font></td>
    <td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;Total Liabilities and Capital</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">91,641</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">60,196</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td colspan="2" style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">151,837</font></td>
    <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
</table>


<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_NotesToFinancialStatementsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_NotesToFinancialStatementsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_RiverFrontInvestmentPartnersI_LLCtextTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_RiverFrontInvestmentPartnersI_LLCtextTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>32
<FILENAME>R19.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6746709232">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Business Segments (Tables)<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingAbstract', window );"><strong>Segment Reporting [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock', window );">Business segments (in thousands)</a></td>
<td class="text"><p style="margin: 0pt"></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Three Months ended</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Nine Months ended</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">September 30,</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">September 30,</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2017</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2016</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2017</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2016</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 47%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Revenues:</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 9%; layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Asset management</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">7,578</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">7,323</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">22,057</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">21,824</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Mining royalty lands</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,786</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,037</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,381</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,874</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Land development and construction</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">323</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">416</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">931</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">936</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;RiverFront on the Anacostia</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,367</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,367</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">12,054</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,776</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">30,736</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">28,634</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Operating profit:</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Before corporate expenses:</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;Asset management</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">3,336</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">3,245</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,071</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,986</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;Mining royalty lands</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,667</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,915</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,993</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,504</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;Land development and construction</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(390</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(196</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(1,168</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(3,359</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;RiverFront on the Anacostia</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(1,168</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(1,168</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Corporate expenses:</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;Allocated to asset management</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(350</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(339</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(1,424</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(1,213</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;Allocated to mining royalty lands</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(30</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(49</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(124</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(176</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;Allocated to land development and construction</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(210</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(268</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(935</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(959</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;Allocated to RiverFront on the Anacostia</font></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(27</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(27</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(617</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(656</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(2,510</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(2,348</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,828</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,308</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,218</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,783</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Interest expense:</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Asset management</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">374</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">273</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">993</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,080</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;RiverFront on the Anacostia</font></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">877</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">877</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;</font></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,251</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">273</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,870</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,080</font></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Depreciation, depletion and amortization:</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Asset management</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,090</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,071</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,112</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,891</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Mining royalty lands</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">17</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">24</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">91</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">70</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Land development and construction</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">98</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">65</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">263</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">194</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;RiverFront on the Anacostia</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,564</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,564</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,769</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,160</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,030</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,155</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Capital expenditures:</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Asset management</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,273</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,276</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,061</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">11,510</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Mining royalty lands</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">99</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">205</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Land development and construction</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,852</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,210</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,203</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,300</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;RiverFront on the Anacostia</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">331</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">331</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,456</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">14,585</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">12,595</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">17,015</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
</table>


<p style="margin: 0pt">&#160;</p>

<p style="margin: 0pt"></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">September 30,</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">December 31,</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Identifiable net assets</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2017</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2016</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 58%">&#160;</td>
    <td style="width: 7%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 12%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 7%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 12%">&#160;</td>
    <td style="width: 1%">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Asset management</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">180,827</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">169,736</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Mining royalty lands</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">38,744</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">39,259</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Land development and construction</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">44,162</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">57,126</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">RiverFront on the Anacostia</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">146,718</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Cash items</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,630</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Unallocated corporate assets</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">3,011</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">439</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">416,092</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">266,560</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
</table>


<p style="margin: 0pt">&#160;</p>

<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 30<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8906-108599<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 25<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8813-108599<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 21<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8721-108599<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 350<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=35741047&amp;loc=d3e13816-109267<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 22<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8736-108599<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SegmentReportingAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SegmentReportingAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>33
<FILENAME>R20.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6610260720">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Long-Term Debt (Tables)<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtDisclosureAbstract', window );"><strong>Debt Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfDebtInstrumentsTextBlock', window );">Long-term debt (in thousands)</a></td>
<td class="text"><p style="margin: 0pt"></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">September 30,</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">December 31,</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2017</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2016</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 62%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Revolving credit (uncollateralized)</font></td>
    <td style="width: 4%; layout-grid-mode: line">&#160;</td>
    <td style="width: 3%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="width: 11%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,440</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 3%; layout-grid-mode: line">&#160;</td>
    <td style="width: 4%; layout-grid-mode: line">&#160;</td>
    <td style="width: 11%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,665</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">5.6% to 7.9% mortgage notes</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;due in installments through 2027</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">30,792</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">34,080</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">RiverFront construction loan</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">60,881</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">RiverFront EB5 secondary financing</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">17,000</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: black 1pt solid">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">115,113</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">40,745</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Less portion due within one year</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,674</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,526</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">110,439</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">36,219</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
</table>


<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfDebtInstrumentsTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=84159872&amp;loc=d3e21475-112644<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 470<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=75038535&amp;loc=d3e64711-112823<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(e),(f))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 55<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=64930739&amp;loc=d3e28878-108400<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=84159872&amp;loc=d3e21538-112644<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=84159872&amp;loc=d3e21506-112644<br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1A<br> -URI http://asc.fasb.org/extlink&amp;oid=64930785&amp;loc=d3e28541-108399<br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64930785&amp;loc=d3e28551-108399<br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=84159872&amp;loc=d3e21521-112644<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfDebtInstrumentsTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>34
<FILENAME>R21.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6639228352">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings per Share (Tables)<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareAbstract', window );"><strong>Earnings per common share:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock', window );">Earnings per share (in thousands, except per share amounts)</a></td>
<td class="text"><p style="margin: 0pt"></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Three Months ended</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Nine Months ended</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">September 30,</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">September 30,</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2017</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2016</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2017</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="3" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2016</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Weighted average common shares</font></td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3">&#160;</td>
    <td>&#160;</td>
    <td colspan="3">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;outstanding during the period</font></td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3">&#160;</td>
    <td>&#160;</td>
    <td colspan="3">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;- shares used for basic</font></td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3">&#160;</td>
    <td>&#160;</td>
    <td colspan="3">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 46%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;earnings per common share</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,004</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 11%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,865</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 12%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,967</font></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,860</font></td>
    <td style="width: 1%">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Common shares issuable under</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;share based payment plans</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;which are potentially dilutive</font></td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">62</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">43</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">68</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">42</font></td>
    <td style="padding-bottom: 1pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Common shares used for diluted</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;earnings per common share</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,066</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,908</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,035</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,902</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Net income attributable to the Company</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">25,391</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,957</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">28,547</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,551</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Basic earnings per common share:</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Basic</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2.54</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">0.20</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2.86</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">0.46</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;Diluted</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2.52</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">0.20</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2.84</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">0.46</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td></tr>
</table>


<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>35
<FILENAME>R22.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6642834480">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Stock-Based Compensation Plans (Tables)<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract', window );"><strong>Disclosure of Compensation Related Costs, Share-based Payments [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock', window );">Stock Compensation Expense (in thousands</a></td>
<td class="text"><p style="margin: 0pt"></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><font style="font-family: Times New Roman, Times, Serif">Three Months ended</font></td>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td colspan="6" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><font style="font-family: Times New Roman, Times, Serif">Nine Months ended</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font-family: Times New Roman, Times, Serif">September 30,</font></td>
    <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="6" style="vertical-align: bottom; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font-family: Times New Roman, Times, Serif">September 30,</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font-family: Times New Roman, Times, Serif">2017</font></td>
    <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font-family: Times New Roman, Times, Serif">2016</font></td>
    <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><font style="font-family: Times New Roman, Times, Serif">2017</font></td>
    <td style="vertical-align: bottom; padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><font style="font-family: Times New Roman, Times, Serif">2016</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 45%; layout-grid-mode: line"><font style="font-family: Times New Roman, Times, Serif">Stock option grants</font></td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line"><font style="font-family: Times New Roman, Times, Serif">$</font></td>
    <td style="width: 9%; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">33</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 9%; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">31</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; border-top: Black 1pt solid">&#160;</td>
    <td style="width: 12%; border-top: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">143</font></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 10%; border-top: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">94</font></td>
    <td style="width: 1%">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font-family: Times New Roman, Times, Serif">Annual director stock award</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: Black 1pt solid">&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">445</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">412</font></td>
    <td style="padding-bottom: 1pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font-family: Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">33</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">31</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: Black 2.25pt double">&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">588</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font-family: Times New Roman, Times, Serif">506</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td></tr>
</table>


<p style="margin: 0pt"></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock', window );">Summary of Stock Activity (in thousands, except share and per share amounts)</a></td>
<td class="text"><p style="margin: 0pt"></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Weighted</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Weighted</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Weighted</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Number</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Average</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Average</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Average</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Of</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Exercise</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Remaining</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Grant Date</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif"><u>Options</u></font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Shares</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="border-bottom: black 1pt solid; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Price</font></td>
    <td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Term (yrs)</font></td>
    <td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Fair Value(000's)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Outstanding at</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;January 1, 2017</font></td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">236,385</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">25.35</font></td>
    <td>&#160;</td>
    <td colspan="2">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6.1</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,440</font></td>
    <td colspan="2">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;Granted</font></td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,555</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">37.55</font></td>
    <td>&#160;</td>
    <td colspan="2">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">75</font></td>
    <td colspan="2">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;Modification</font></td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">30.21</font></td>
    <td>&#160;</td>
    <td colspan="2">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(137</font></td>
    <td colspan="2" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;Exercised</font></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(84,630</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">25.13</font></td>
    <td>&#160;</td>
    <td colspan="2">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(783</font></td>
    <td colspan="2" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Outstanding at</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td colspan="2">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td colspan="2">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;September 30, 2017</font></td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">156,310</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">25.82</font></td>
    <td>&#160;</td>
    <td colspan="2">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5.5</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,595</font></td>
    <td colspan="2">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Exercisable at</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;September 30, 2017</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">114,020</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">23.83</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4.7</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,010</font></td>
    <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Vested during</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;nine months ended</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;September 30, 2017</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">26,839</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">223</font></td>
    <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
</table>


<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (h)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>36
<FILENAME>R23.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6755387920">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investment in Joint Ventures (Tables)<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract', window );"><strong>Equity Method Investments and Joint Ventures [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentsTextBlock', window );">Investments in Joint Ventures (in thousands)</a></td>
<td class="text"><p style="margin: 0pt"></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="width: 32%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 9%; layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 13%; layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 12%; layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 13%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">The</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Company's</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Total Assets</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Net Loss</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Share of Net</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Total</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">of the</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">of the</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Loss of the</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Ownership</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Investment</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Partnership</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Partnership</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Partnership</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">As of September 30, 2017 </font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">RiverFront Holdings I, LLC (1)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;(2,019</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;(1,558</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Brooksville Quarry, LLC</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">50.00</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">%</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;7,487</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$ 14,445</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(62</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(31</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">BC FRP Realty, LLC</font></td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">50.00</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">%</font></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,858</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">12,298</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;Total</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$ 13,345</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$ 26,743</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;(2,081</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;(1,589</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">As of December 31, 2016 </font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">RiverFront Holdings I, LLC</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">77.14</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">%</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$10,151</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$90,420&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;(1,446</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;(1,115</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Brooksville Quarry, LLC</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">50.00</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">%</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">7,522</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">14,341</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(8</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(4</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">BC FRP Realty, LLC</font></td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">50.00</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">%</font></td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,228</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,784</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;Total</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;22,901</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$ 115,545</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;(1,454</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;(1,119</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
</table>


<p style="margin: 0pt"></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateInvestmentFinancialStatementsDisclosureTextBlock', window );">Financial Information for the Investments in Joint Ventures (in thousands)</a></td>
<td class="text"><p style="margin: 0pt"></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&#160;</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0">&#160;</p></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="15" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">As of December 31, 2016</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Riverfront</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Brooksville</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">BC FRP</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Holdings I, LLC</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Quarry, LLC</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Realty, LLC</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Total</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 47%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Cash</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 3%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="width: 9%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,023</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="width: 9%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">18</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="width: 9%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">21</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="width: 9%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,062</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Cash held in escrow</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">88</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">88</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Investments in real estate, net</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">89,309</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">14,323</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,763</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">114,395</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;Total Assets</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">90,420</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">14,341</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,784</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">115,545</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Other Liabilities</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,348</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">47</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,396</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Long-term Debt</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">69,042</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">69,042</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Capital &#8211; FRP</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,151</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">7,522</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,228</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">22,901</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Capital - Third Parties</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,879</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">6,818</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">5,509</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">17,206</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;Total Liabilities and Capital</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">90,420</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">14,341</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">10,784</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">115,545</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
</table>


<p style="margin: 0pt"></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_RiverfrontHoldingsIncomeStatements', window );">Income statements for Riverfront Holdings I, LLC (in thousands)</a></td>
<td class="text"><p style="margin: 0pt"></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Three Months Ended</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="7" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Nine Months Ended</font></td></tr>
<tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">September 30,</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">September 30,</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2017</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2016</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2017</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2016</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif"><b>Revenues:</b></font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 44%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;Rental Revenue</font></td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">3,053</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 2%; layout-grid-mode: line">&#160;</td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td>
    <td style="width: 10%; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">127</font></td>
    <td style="width: 1%; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;Revenue &#8211; Reimbursements</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">127</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">33</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Total Revenues</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">127</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">3,086</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">127</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif"><b>Cost of operations:</b></font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;Depreciation and amortization</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">228</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,958</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">325</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;Operating expenses</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">405</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,096</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">621</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;Property taxes</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">41</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">459</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">41</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Total cost of operations</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">674</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">3,513</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">987</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif"><b>Total operating profit</b></font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(547</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(427</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(860</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Interest expense</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(280</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(1,592</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(280</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Net loss of the Partnership</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 2.5pt">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(827</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(2,019</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(1,140</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)</font></td></tr>
</table>


<p style="margin: 0pt"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_RiverfrontHoldingsIncomeStatements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_RiverfrontHoldingsIncomeStatements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentsTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentsTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateInvestmentFinancialStatementsDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of nonconsolidated investments in real estate including interests in corporations, partnerships and joint ventures. Disclosures may include summarized aggregate financial statements for the real estate investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateInvestmentFinancialStatementsDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>37
<FILENAME>R24.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6755719312">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidation of RiverFront Investment Partners I, LLC. (Tables)<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th"><div>Sep. 30, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_NotesToFinancialStatementsAbstract', window );"><strong>Notes to Financial Statements</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_RiverfrontBalanceSheetTableTableTextBlock', window );">RiverFront remeasurement balance sheet</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="16" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">As of July 1, 2017</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Riverfront</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Gain on Remeasure-</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="5">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: center">&#160;</td></tr>
<tr>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Holdings I, LLC</font></td>
    <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">ment</font></td>
    <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="5" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Revised</font></td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td colspan="5" style="vertical-align: bottom; layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Land</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">7,220</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">21,107</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">28,327</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Building and improvements, net</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">81,773</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">34,362</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">116,135</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Value of leases in place</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,727</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,727</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Cash</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,295</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,295</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Cash held in escrow</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">171</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">171</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Accounts receivable</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">40</font></td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td style="padding-bottom: 1pt">&#160;</td>
    <td colspan="2" style="padding-bottom: 1pt">&#160;</td>
    <td>&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">40</font></td>
    <td colspan="2" style="padding-bottom: 1pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Prepaid expenses</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">142</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">142</font></td>
    <td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;Total Assets</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">91,641</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">60,196</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td colspan="2" style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">151,837</font></td>
    <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Long-term Debt</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">78,587</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">78,587</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Amortizable debt costs</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(852</font></td>
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(852</font></td>
    <td colspan="2" style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">)&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Other liabilities</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">905</font></td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#8212;&#160;&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td>&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2">&#160;</td>
    <td>&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">905</font></td>
    <td colspan="2">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Equity &#8211; FRP</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">8,583</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">39,727&#160;</font></td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td>
    <td style="layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">48,310</font></td>
    <td colspan="2" style="layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 1pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">Equity - MRP</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">4,418</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">20,469&#160;</font></td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 1pt solid; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">24,887</font></td>
    <td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;Total Liabilities and Capital</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">91,641</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">60,196</font></td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td>
    <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><font style="font: 11pt Times New Roman, Times, Serif">$</font></td>
    <td colspan="2" style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">151,837</font></td>
    <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line">&#160;</td></tr>
</table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_NotesToFinancialStatementsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_NotesToFinancialStatementsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_RiverfrontBalanceSheetTableTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_RiverfrontBalanceSheetTableTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>38
<FILENAME>R25.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6758060960">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Business Segments - Business segments (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2">3 Months Ended</th>
<th class="th" colspan="2">9 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Revenues</a></td>
<td class="nump">$ 12,054<span></span>
</td>
<td class="nump">$ 9,776<span></span>
</td>
<td class="nump">$ 30,736<span></span>
</td>
<td class="nump">$ 28,634<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingIncomeLoss', window );">Operating profit</a></td>
<td class="nump">2,828<span></span>
</td>
<td class="nump">4,308<span></span>
</td>
<td class="nump">10,218<span></span>
</td>
<td class="nump">9,783<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest expense</a></td>
<td class="nump">1,251<span></span>
</td>
<td class="nump">273<span></span>
</td>
<td class="nump">1,870<span></span>
</td>
<td class="nump">1,080<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_OperatingCostsDepreciationDepletionAmortization', window );">Depreciation, depletion and amortization</a></td>
<td class="nump">4,769<span></span>
</td>
<td class="nump">2,160<span></span>
</td>
<td class="nump">9,030<span></span>
</td>
<td class="nump">6,155<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash items</a></td>
<td class="nump">2,630<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">2,630<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total identifiable net assets</a></td>
<td class="nump">416,092<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">416,092<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">266,560<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_AssetManagement1Member', window );">Asset Management</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Revenues</a></td>
<td class="nump">7,578<span></span>
</td>
<td class="nump">7,323<span></span>
</td>
<td class="nump">22,057<span></span>
</td>
<td class="nump">21,824<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_OperatingProfitBeforeCorporateExpenses', window );">Operating profit before corporate expenses</a></td>
<td class="nump">3,336<span></span>
</td>
<td class="nump">3,245<span></span>
</td>
<td class="nump">10,071<span></span>
</td>
<td class="nump">9,986<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherGeneralAndAdministrativeExpense', window );">Corporate expenses</a></td>
<td class="num">(350)<span></span>
</td>
<td class="num">(339)<span></span>
</td>
<td class="num">(1,424)<span></span>
</td>
<td class="num">(1,213)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest expense</a></td>
<td class="nump">374<span></span>
</td>
<td class="nump">273<span></span>
</td>
<td class="nump">993<span></span>
</td>
<td class="nump">1,080<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease', window );">Capital expenditures</a></td>
<td class="nump">1,273<span></span>
</td>
<td class="nump">10,276<span></span>
</td>
<td class="nump">6,061<span></span>
</td>
<td class="nump">11,510<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_OperatingCostsDepreciationDepletionAmortization', window );">Depreciation, depletion and amortization</a></td>
<td class="nump">2,090<span></span>
</td>
<td class="nump">2,071<span></span>
</td>
<td class="nump">6,112<span></span>
</td>
<td class="nump">5,891<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total identifiable net assets</a></td>
<td class="nump">180,827<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">180,827<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">169,736<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=us-gaap_MiningPropertiesAndMineralRightsMember', window );">Mining royalty lands</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Revenues</a></td>
<td class="nump">1,786<span></span>
</td>
<td class="nump">2,037<span></span>
</td>
<td class="nump">5,381<span></span>
</td>
<td class="nump">5,874<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_OperatingProfitBeforeCorporateExpenses', window );">Operating profit before corporate expenses</a></td>
<td class="nump">1,667<span></span>
</td>
<td class="nump">1,915<span></span>
</td>
<td class="nump">4,993<span></span>
</td>
<td class="nump">5,504<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherGeneralAndAdministrativeExpense', window );">Corporate expenses</a></td>
<td class="num">(30)<span></span>
</td>
<td class="num">(49)<span></span>
</td>
<td class="num">(124)<span></span>
</td>
<td class="num">(176)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease', window );">Capital expenditures</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">99<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">205<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_OperatingCostsDepreciationDepletionAmortization', window );">Depreciation, depletion and amortization</a></td>
<td class="nump">17<span></span>
</td>
<td class="nump">24<span></span>
</td>
<td class="nump">91<span></span>
</td>
<td class="nump">70<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total identifiable net assets</a></td>
<td class="nump">38,744<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">38,744<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">39,259<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_LandDevelopmentandConstructionMember', window );">Land Development and Construction</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Revenues</a></td>
<td class="nump">323<span></span>
</td>
<td class="nump">416<span></span>
</td>
<td class="nump">931<span></span>
</td>
<td class="nump">936<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_OperatingProfitBeforeCorporateExpenses', window );">Operating profit before corporate expenses</a></td>
<td class="num">(390)<span></span>
</td>
<td class="num">(196)<span></span>
</td>
<td class="num">(1,168)<span></span>
</td>
<td class="num">(3,359)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherGeneralAndAdministrativeExpense', window );">Corporate expenses</a></td>
<td class="num">(210)<span></span>
</td>
<td class="num">(268)<span></span>
</td>
<td class="num">(935)<span></span>
</td>
<td class="num">(959)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease', window );">Capital expenditures</a></td>
<td class="nump">2,852<span></span>
</td>
<td class="nump">4,210<span></span>
</td>
<td class="nump">6,203<span></span>
</td>
<td class="nump">5,300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_OperatingCostsDepreciationDepletionAmortization', window );">Depreciation, depletion and amortization</a></td>
<td class="nump">98<span></span>
</td>
<td class="nump">65<span></span>
</td>
<td class="nump">263<span></span>
</td>
<td class="nump">194<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total identifiable net assets</a></td>
<td class="nump">44,162<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">44,162<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">57,126<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_RiverFrontMember', window );">RiverFront on the Anacostia</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Revenues</a></td>
<td class="nump">2,367<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">2,367<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_OperatingProfitBeforeCorporateExpenses', window );">Operating profit before corporate expenses</a></td>
<td class="num">(1,168)<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(1,168)<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherGeneralAndAdministrativeExpense', window );">Corporate expenses</a></td>
<td class="num">(27)<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(27)<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest expense</a></td>
<td class="nump">877<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">877<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease', window );">Capital expenditures</a></td>
<td class="nump">331<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">331<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_OperatingCostsDepreciationDepletionAmortization', window );">Depreciation, depletion and amortization</a></td>
<td class="nump">2,564<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">2,564<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash items</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 2,295<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total identifiable net assets</a></td>
<td class="nump">146,718<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">146,718<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 151,837<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=us-gaap_CorporateMember', window );">Corporate</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total identifiable net assets</a></td>
<td class="nump">3,011<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,011<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 439<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_TotalSegmentsMember', window );">Total Segments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Revenues</a></td>
<td class="nump">12,054<span></span>
</td>
<td class="nump">9,776<span></span>
</td>
<td class="nump">30,736<span></span>
</td>
<td class="nump">28,634<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingIncomeLoss', window );">Operating profit</a></td>
<td class="nump">2,828<span></span>
</td>
<td class="nump">4,308<span></span>
</td>
<td class="nump">10,218<span></span>
</td>
<td class="nump">9,783<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherGeneralAndAdministrativeExpense', window );">Corporate expenses</a></td>
<td class="num">(617)<span></span>
</td>
<td class="num">(656)<span></span>
</td>
<td class="num">(2,510)<span></span>
</td>
<td class="num">(2,348)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest expense</a></td>
<td class="nump">1,251<span></span>
</td>
<td class="nump">273<span></span>
</td>
<td class="nump">1,870<span></span>
</td>
<td class="nump">1,080<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease', window );">Capital expenditures</a></td>
<td class="nump">4,456<span></span>
</td>
<td class="nump">14,585<span></span>
</td>
<td class="nump">12,595<span></span>
</td>
<td class="nump">17,015<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_OperatingCostsDepreciationDepletionAmortization', window );">Depreciation, depletion and amortization</a></td>
<td class="nump">$ 4,769<span></span>
</td>
<td class="nump">$ 2,160<span></span>
</td>
<td class="nump">$ 9,030<span></span>
</td>
<td class="nump">$ 6,155<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_OperatingCostsDepreciationDepletionAmortization">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_OperatingCostsDepreciationDepletionAmortization</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_OperatingProfitBeforeCorporateExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_OperatingProfitBeforeCorporateExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(12))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(11))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=82887183&amp;loc=d3e6676-107765<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3044-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of the cost of borrowed funds accounted for as interest expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6450988&amp;loc=d3e26243-108391<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=64930785&amp;loc=d3e28555-108399<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04.9)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InterestExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net result for the period of deducting operating expenses from operating revenues.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherGeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of general and administrative expense classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherGeneralAndAdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) of long-lived, physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Revenues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Revenues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SegmentReportingInformationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SegmentReportingInformationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_AssetManagement1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=FRPH_AssetManagement1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=us-gaap_MiningPropertiesAndMineralRightsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=us-gaap_MiningPropertiesAndMineralRightsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_LandDevelopmentandConstructionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=FRPH_LandDevelopmentandConstructionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_RiverFrontMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=FRPH_RiverFrontMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=us-gaap_CorporateMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=us-gaap_CorporateMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_TotalSegmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=FRPH_TotalSegmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>39
<FILENAME>R26.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6898300256">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Long-term debt (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtDisclosureAbstract', window );"><strong>Debt Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCredit', window );">Revolving credit agreements</a></td>
<td class="nump">$ 6,440<span></span>
</td>
<td class="nump">$ 6,665<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebt', window );">5.6% to 7.9% mortgage notes due in installments through 2027</a></td>
<td class="nump">30,792<span></span>
</td>
<td class="nump">34,080<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConstructionLoanNoncurrent', window );">RiverFront construction loan</a></td>
<td class="nump">60,881<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_SecondaryFinancing', window );">RiverFront EB5 secondary financing</a></td>
<td class="nump">17,000<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtLongtermAndShorttermCombinedAmount', window );">Total debt</a></td>
<td class="nump">115,113<span></span>
</td>
<td class="nump">40,745<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SecuredDebtCurrent', window );">Less portion due within one year</a></td>
<td class="nump">4,674<span></span>
</td>
<td class="nump">4,526<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtNoncurrent', window );">Long-term debt</a></td>
<td class="nump">$ 110,439<span></span>
</td>
<td class="nump">$ 36,219<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_SecondaryFinancing">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_SecondaryFinancing</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConstructionLoanNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the noncurrent portion of a long-term real estate loan to finance building costs. The funds are disbursed as needed or in accordance with a prearranged plan; generally, a portion of the funds is disbursed at inception and the remainder as construction progresses. The money is repaid on completion of the project (generally one to seven years), usually from the proceeds of a mortgage loan. The rate is normally higher than the prime rate, and there is usually an origination fee. The effective yield on these loans tends to be high, and the lender has a security interest in the real property.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConstructionLoanNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtLongtermAndShorttermCombinedAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the aggregate of total long-term debt, including current maturities and short-term debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtLongtermAndShorttermCombinedAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LineOfCredit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LineOfCredit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after unamortized (discount) premium and debt issuance costs of long-term debt classified as noncurrent and excluding amounts to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SecuredDebtCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying value as of the balance sheet date of the portion of long-term, collateralized debt obligations due within one year or the operating cycle, if longer. Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(16)(a)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(13))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(19))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SecuredDebtCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>40
<FILENAME>R27.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6758099424">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings per share (Details) - USD ($)<br> $ / shares in Units, $ in Thousands</strong></div></th>
<th class="th" colspan="2">3 Months Ended</th>
<th class="th" colspan="2">9 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasicAndDilutedAbstract', window );"><strong>Earnings Per Share, Basic and Diluted [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic', window );">Weighted average common shares outstanding during the period - shares used for basic earnings per common share</a></td>
<td class="nump">10,004<span></span>
</td>
<td class="nump">9,865<span></span>
</td>
<td class="nump">9,967<span></span>
</td>
<td class="nump">9,860<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements', window );">Common shares issuable under share based payment plans which are potentially dilutive</a></td>
<td class="nump">62<span></span>
</td>
<td class="nump">43<span></span>
</td>
<td class="nump">68<span></span>
</td>
<td class="nump">42<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding', window );">Common shares used for diluted earnings per common share</a></td>
<td class="nump">10,066<span></span>
</td>
<td class="nump">9,908<span></span>
</td>
<td class="nump">10,035<span></span>
</td>
<td class="nump">9,902<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income attributable to the Company</a></td>
<td class="nump">$ 25,391<span></span>
</td>
<td class="nump">$ 1,957<span></span>
</td>
<td class="nump">$ 28,547<span></span>
</td>
<td class="nump">$ 4,551<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareAbstract', window );"><strong>Earnings per common share:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasic', window );">Basic</a></td>
<td class="nump">$ 2.54<span></span>
</td>
<td class="nump">$ .20<span></span>
</td>
<td class="nump">$ 2.86<span></span>
</td>
<td class="nump">$ .46<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareDiluted', window );">Diluted</a></td>
<td class="nump">$ 2.52<span></span>
</td>
<td class="nump">$ .20<span></span>
</td>
<td class="nump">$ 2.84<span></span>
</td>
<td class="nump">$ .46<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 55<br> -Paragraph 52<br> -URI http://asc.fasb.org/extlink&amp;oid=96948231&amp;loc=d3e4984-109258<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(19))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=96947427&amp;loc=d3e1252-109256<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(21))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasicAndDilutedAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareBasicAndDilutedAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareDiluted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(19))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=96947427&amp;loc=d3e1252-109256<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(21))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareDiluted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28A<br> -URI http://asc.fasb.org/extlink&amp;oid=96947427&amp;loc=d3e1500-109256<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 16<br> -URI http://asc.fasb.org/extlink&amp;oid=96947427&amp;loc=d3e1505-109256<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=96947427&amp;loc=d3e1448-109256<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>41
<FILENAME>R28.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6743971024">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Summary of Stock Activity (Details)<br> $ / shares in Units, $ in Thousands</strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Sep. 30, 2017 </div>
<div>USD ($) </div>
<div>Years </div>
<div>$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>USD ($) </div>
<div>Years </div>
<div>$ / shares </div>
<div>shares</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract', window );"><strong>Disclosure of Compensation Related Costs, Share-based Payments [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber', window );">Options outstanding | shares</a></td>
<td class="nump">156,310<span></span>
</td>
<td class="nump">236,385<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross', window );">Options granted | shares</a></td>
<td class="nump">4,555<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised', window );">Options exercised | shares</a></td>
<td class="num">(84,630)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice', window );">Options outstanding weighted average exercise price | $ / shares</a></td>
<td class="nump">$ 25.82<span></span>
</td>
<td class="nump">$ 25.35<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice', window );">Options outstanding weighted average exercise price - Granted | $ / shares</a></td>
<td class="nump">37.55<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsModificationsInPeriodWeightedAverageExercisePrice', window );">Options outstanding weighted average exercise price - modification | $ / shares</a></td>
<td class="nump">30.21<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice', window );">Options outstanding weighted average exercise price - Exercised | $ / shares</a></td>
<td class="nump">$ 25.13<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b', window );">Options outstanding weighted average remaining term | Years</a></td>
<td class="nump">5.5<span></span>
</td>
<td class="nump">6.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue', window );">Options outstanding weighted average grant date fair value</a></td>
<td class="nump">$ 1,595<span></span>
</td>
<td class="nump">$ 2,440<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1', window );">Options granted weighted average grant date fair value</a></td>
<td class="nump">75<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue', window );">Options modified weighted average grant date fair value</a></td>
<td class="num">(137)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue', window );">Options exercised weighted average grant date fair value</a></td>
<td class="num">$ (783)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber', window );">Options exercisable at September 30, 2017 | shares</a></td>
<td class="nump">114,020<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice', window );">Options exerciseable weighted average exercise price | $ / shares</a></td>
<td class="nump">$ 23.83<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm3', window );">Options exerciseable weighted average remaining term | Years</a></td>
<td class="nump">4.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue', window );">Options exerciseable weighted average grant date fair value</a></td>
<td class="nump">$ 1,010<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares', window );">Options vested during nine months ended September 30, 2017 | shares</a></td>
<td class="nump">26,839<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1', window );">Options vested weighted average grant date fair value</a></td>
<td class="nump">$ 223<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsModificationsInPeriodWeightedAverageExercisePrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsModificationsInPeriodWeightedAverageExercisePrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm3">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm3</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)(iii)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)(iii)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Gross number of share options (or share units) granted during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of options outstanding, including both vested and non-vested options.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)(i)-(ii)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)(i)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Weighted average price at which option holders acquired shares when converting their stock options into shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of options vested. Excludes equity instruments other than options, for example, but not limited to, share units, stock appreciation rights, restricted stock.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of options vested.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of share options (or share units) exercised during the current period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=84159872&amp;loc=d3e21463-112644<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)(iv)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>42
<FILENAME>R29.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6744145568">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Stock Compensation Expense (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2">3 Months Ended</th>
<th class="th" colspan="2">9 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract', window );"><strong>Disclosure of Compensation Related Costs, Share-based Payments [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensation', window );">Stock option grants</a></td>
<td class="nump">$ 33<span></span>
</td>
<td class="nump">$ 31<span></span>
</td>
<td class="nump">$ 143<span></span>
</td>
<td class="nump">$ 94<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue', window );">Annual director stock award</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">445<span></span>
</td>
<td class="nump">412<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllocatedShareBasedCompensationExpense', window );">Stock based compensation expense</a></td>
<td class="nump">$ 33<span></span>
</td>
<td class="nump">$ 31<span></span>
</td>
<td class="nump">$ 588<span></span>
</td>
<td class="nump">$ 506<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase to additional paid-in capital (APIC) from recognition of equity-based compensation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 35<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=79507207&amp;loc=d3e4534-113899<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5047-113901<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 20<br> -Section 55<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=96864182&amp;loc=d3e11149-113907<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 20<br> -Section 55<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=96864182&amp;loc=d3e11178-113907<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AllocatedShareBasedCompensationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 14.F)<br> -URI http://asc.fasb.org/extlink&amp;oid=27013229&amp;loc=d3e301413-122809<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5047-113901<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (h)(1)(i)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AllocatedShareBasedCompensationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>43
<FILENAME>R30.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6759223760">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments in Joint Ventures (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">3 Months Ended</th>
<th class="th" colspan="2">9 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2013</div></th>
<th class="th"><div>Oct. 04, 2006</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent', window );">Net Loss of the Partnership</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (1,454)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (2,081)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromEquityMethodInvestments', window );">Company's share of Net Loss of the Partnership</a></td>
<td class="num">$ (12)<span></span>
</td>
<td class="num">$ (1,119)<span></span>
</td>
<td class="num">$ (652)<span></span>
</td>
<td class="num">(1,589)<span></span>
</td>
<td class="num">$ (924)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Total revenues</a></td>
<td class="nump">12,054<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">9,776<span></span>
</td>
<td class="nump">30,736<span></span>
</td>
<td class="nump">28,634<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingCostsAndExpenses', window );">Operating expenses</a></td>
<td class="nump">1,879<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,146<span></span>
</td>
<td class="nump">3,882<span></span>
</td>
<td class="nump">3,651<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateTaxExpense', window );">Property taxes</a></td>
<td class="nump">1,401<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,087<span></span>
</td>
<td class="nump">3,592<span></span>
</td>
<td class="nump">3,357<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpenses', window );">Total cost of operations</a></td>
<td class="nump">9,226<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,468<span></span>
</td>
<td class="nump">20,518<span></span>
</td>
<td class="nump">18,851<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingIncomeLoss', window );">Total operating profit</a></td>
<td class="nump">2,828<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,308<span></span>
</td>
<td class="nump">10,218<span></span>
</td>
<td class="nump">9,783<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest expense</a></td>
<td class="num">(1,251)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(273)<span></span>
</td>
<td class="num">(1,870)<span></span>
</td>
<td class="num">(1,080)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_RiverfrontIJointVentureMember', window );">Riverfront Holdings I, LLC</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentOwnershipPercentage', window );">Ownership percent</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">77.14%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">77.14%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestments', window );">Total Investment</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 10,151<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 8,583<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets', window );">Total Assets of the Partnership</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">90,420<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent', window );">Net Loss of the Partnership</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,446)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(2,019)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromEquityMethodInvestments', window );">Company's share of Net Loss of the Partnership</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,115)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,558)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash', window );">Cash</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,023<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash', window );">Cash held in escrow</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">88<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet', window );">Investments in real estate, net</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">89,309<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities', window );">Other liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6,348<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt', window );">Long-term debt</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">69,042<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestments', window );">Capital - FRP</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10,151<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8,583<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest', window );">Capital - Third parties</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,879<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 4,418<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity', window );">Total liabilities and capital</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 90,420<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue', window );">Rental revenue</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">3,053<span></span>
</td>
<td class="nump">127<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReimbursementRevenue', window );">Revenue - Reimbursements</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">127<span></span>
</td>
<td class="nump">33<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Total revenues</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">127<span></span>
</td>
<td class="nump">3,086<span></span>
</td>
<td class="nump">127<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DepreciationAndAmortization', window );">Depreciation and amortization</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">228<span></span>
</td>
<td class="nump">1,958<span></span>
</td>
<td class="nump">325<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingCostsAndExpenses', window );">Operating expenses</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">405<span></span>
</td>
<td class="nump">1,096<span></span>
</td>
<td class="nump">621<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateTaxExpense', window );">Property taxes</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">41<span></span>
</td>
<td class="nump">459<span></span>
</td>
<td class="nump">41<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpenses', window );">Total cost of operations</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">674<span></span>
</td>
<td class="nump">3,513<span></span>
</td>
<td class="nump">987<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingIncomeLoss', window );">Total operating profit</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(547)<span></span>
</td>
<td class="num">(427)<span></span>
</td>
<td class="num">(860)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest expense</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(280)<span></span>
</td>
<td class="num">(1,592)<span></span>
</td>
<td class="num">(280)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss', window );">Net loss of the Partnership</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (827)<span></span>
</td>
<td class="num">$ (2,019)<span></span>
</td>
<td class="num">$ (1,140)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_BrooksvilleJointVentureMember', window );">Brooksville Quarry, LLC</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentOwnershipPercentage', window );">Ownership percent</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestments', window );">Total Investment</a></td>
<td class="nump">$ 7,487<span></span>
</td>
<td class="nump">$ 7,522<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 7,487<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets', window );">Total Assets of the Partnership</a></td>
<td class="nump">14,445<span></span>
</td>
<td class="nump">14,341<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">14,445<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent', window );">Net Loss of the Partnership</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(8)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(62)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromEquityMethodInvestments', window );">Company's share of Net Loss of the Partnership</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(31)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash', window );">Cash</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">18<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash', window );">Cash held in escrow</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet', window );">Investments in real estate, net</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">14,323<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities', window );">Other liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt', window );">Long-term debt</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestments', window );">Capital - FRP</a></td>
<td class="nump">$ 7,487<span></span>
</td>
<td class="nump">7,522<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 7,487<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest', window );">Capital - Third parties</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6,818<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity', window );">Total liabilities and capital</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 14,341<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_BCFRPRealtyJointVentureMember', window );">BC FRP Realty, LLC</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentOwnershipPercentage', window );">Ownership percent</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestments', window );">Total Investment</a></td>
<td class="nump">$ 5,858<span></span>
</td>
<td class="nump">$ 5,228<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 5,858<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets', window );">Total Assets of the Partnership</a></td>
<td class="nump">12,298<span></span>
</td>
<td class="nump">10,784<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">12,298<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent', window );">Net Loss of the Partnership</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromEquityMethodInvestments', window );">Company's share of Net Loss of the Partnership</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash', window );">Cash</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">21<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash', window );">Cash held in escrow</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet', window );">Investments in real estate, net</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10,763<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities', window );">Other liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">47<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt', window );">Long-term debt</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestments', window );">Capital - FRP</a></td>
<td class="nump">5,858<span></span>
</td>
<td class="nump">5,228<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,858<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest', window );">Capital - Third parties</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,509<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity', window );">Total liabilities and capital</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10,784<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_JointVenturesMember', window );">Joint Ventures</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestments', window );">Total Investment</a></td>
<td class="nump">13,345<span></span>
</td>
<td class="nump">22,901<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">13,345<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets', window );">Total Assets of the Partnership</a></td>
<td class="nump">26,743<span></span>
</td>
<td class="nump">115,545<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">26,743<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash', window );">Cash</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,062<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash', window );">Cash held in escrow</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">88<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet', window );">Investments in real estate, net</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">114,395<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities', window );">Other liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6,396<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt', window );">Long-term debt</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">69,042<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestments', window );">Capital - FRP</a></td>
<td class="nump">$ 13,345<span></span>
</td>
<td class="nump">22,901<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 13,345<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest', window );">Capital - Third parties</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">17,206<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity', window );">Total liabilities and capital</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 115,545<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Equity Method Investment, Summarized Financial Information, Cash</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Equity Method Investment, Summarized Financial Information, Escrow Cash</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Equity Method Investment, Summarized Financial Information, Investments in real estate, net</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DepreciationAndAmortization">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DepreciationAndAmortization</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentOwnershipPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentOwnershipPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets reported by an equity method investment of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=75031198&amp;loc=d3e14064-108612<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721683-107760<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33912-111571<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities reported by an equity method investment of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33912-111571<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721683-107760<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=75031198&amp;loc=d3e14064-108612<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities and equity reported by an equity method investment of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33912-111571<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721683-107760<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=75031198&amp;loc=d3e14064-108612<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of equity attributable to noncontrolling interests of an equity method investment of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=75031198&amp;loc=d3e14064-108612<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721683-107760<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33912-111571<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) reported by an equity method investment of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721683-107760<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=75031198&amp;loc=d3e14064-108612<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33912-111571<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue from sale of goods and services reduced by sales returns, allowances, and discounts reported by an equity method investment of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721683-107760<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66022249&amp;loc=d3e33749-111570<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.12)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromEquityMethodInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(12))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66022249&amp;loc=d3e33749-111570<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(13)(f))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossFromEquityMethodInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of the cost of borrowed funds accounted for as interest expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6450988&amp;loc=d3e26243-108391<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=64930785&amp;loc=d3e28555-108399<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04.9)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InterestExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income (loss) from consolidated real estate investments attributed to parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingCostsAndExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingCostsAndExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net result for the period of deducting operating expenses from operating revenues.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateTaxExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A tax based on the assessed value of real estate by the local government. The tax is usually based on the value of property (including the land).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 720<br> -SubTopic 30<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6419918&amp;loc=d3e35301-107843<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateTaxExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReimbursementRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Repayment received or receivable for expenses incurred on behalf of a client or customer, other than those reimbursements received by landlords from tenants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 605<br> -SubTopic 45<br> -Section 45<br> -Paragraph 23<br> -URI http://asc.fasb.org/extlink&amp;oid=68075638&amp;loc=d3e60722-111653<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ReimbursementRevenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Revenues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Revenues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_RiverfrontIJointVentureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_RiverfrontIJointVentureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_BrooksvilleJointVentureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_BrooksvilleJointVentureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_BCFRPRealtyJointVentureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_BCFRPRealtyJointVentureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_JointVenturesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_JointVenturesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>44
<FILENAME>R31.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6758831968">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidation of RiverFront Investment Partners I, LLC. - RiverFront remeasurement balance sheet (Details) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Land', window );">Land</a></td>
<td class="nump">$ 127,744<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 99,417<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash</a></td>
<td class="nump">2,630<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EscrowDeposit', window );">Cash held in escrow</a></td>
<td class="nump">186<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsReceivableNetCurrent', window );">Accounts receivable</a></td>
<td class="nump">1,033<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">710<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total Assets</a></td>
<td class="nump">416,092<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">266,560<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebt', window );">Long-term Debt</a></td>
<td class="nump">30,792<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">34,080<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquity', window );">Total Liabilities and Capital</a></td>
<td class="nump">416,092<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">266,560<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_GainonRemeasurementMember', window );">Gain on remeasurement</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Land', window );">Land</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 21,107<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentNet', window );">Building and improvements, net</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">34,362<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases', window );">Value of leases in place</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,727<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EscrowDeposit', window );">Cash held in escrow</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsReceivableNetCurrent', window );">Accounts receivable</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrepaidExpenseAndOtherAssets', window );">Prepaid expenses</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total Assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">60,196<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebt', window );">Long-term Debt</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnamortizedDebtIssuanceExpense', window );">Amortizable debt costs</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherLiabilities', window );">Other liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestments', window );">Equity &#8211; FRP</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">39,727<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest', window );">Equity - MRP</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">20,469<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquity', window );">Total Liabilities and Capital</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">60,196<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_RiverFrontMember', window );">RiverFront on the Anacostia</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Land', window );">Land</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">28,327<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentNet', window );">Building and improvements, net</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">116,135<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases', window );">Value of leases in place</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,727<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,295<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EscrowDeposit', window );">Cash held in escrow</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">171<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsReceivableNetCurrent', window );">Accounts receivable</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">40<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrepaidExpenseAndOtherAssets', window );">Prepaid expenses</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">142<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total Assets</a></td>
<td class="nump">$ 146,718<span></span>
</td>
<td class="nump">151,837<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebt', window );">Long-term Debt</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">78,587<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnamortizedDebtIssuanceExpense', window );">Amortizable debt costs</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(852)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherLiabilities', window );">Other liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">905<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestments', window );">Equity &#8211; FRP</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">48,310<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest', window );">Equity - MRP</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">24,887<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquity', window );">Total Liabilities and Capital</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">151,837<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_RiverfrontIJointVentureMember', window );">Riverfront Holdings I, LLC</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Land', window );">Land</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">7,220<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentNet', window );">Building and improvements, net</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">81,773<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases', window );">Value of leases in place</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,295<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EscrowDeposit', window );">Cash held in escrow</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">171<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsReceivableNetCurrent', window );">Accounts receivable</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">40<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrepaidExpenseAndOtherAssets', window );">Prepaid expenses</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">142<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total Assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">91,641<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebt', window );">Long-term Debt</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">78,587<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnamortizedDebtIssuanceExpense', window );">Amortizable debt costs</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(852)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherLiabilities', window );">Other liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">905<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestments', window );">Equity &#8211; FRP</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8,583<span></span>
</td>
<td class="nump">10,151<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest', window );">Equity - MRP</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,418<span></span>
</td>
<td class="nump">$ 4,879<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquity', window );">Total Liabilities and Capital</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 91,641<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsReceivableNetCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(3))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(4))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsReceivableNetCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(12))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(11))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=82887183&amp;loc=d3e6676-107765<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3044-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of equity attributable to noncontrolling interests of an equity method investment of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=75031198&amp;loc=d3e14064-108612<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721683-107760<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33912-111571<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66022249&amp;loc=d3e33749-111570<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.12)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EscrowDeposit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The designation of funds furnished by a borrower to a lender to assure future payments of the borrower's real estate taxes and insurance obligations with respect to a mortgaged property. Escrow deposits may be made for a variety of other purposes such as earnest money and contingent payments. This element excludes replacement reserves which are an escrow separately provided for within the US GAAP taxonomy.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.10)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EscrowDeposit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the amount of value allocated by a lessor (acquirer) to lease agreements which exist at acquisition of a leased property. Such amount may include the value assigned to existing tenant relationships and excludes the market adjustment component of the value assigned for above or below-market leases acquired.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Land">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before accumulated depletion of real estate held for productive use, excluding land held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=82887183&amp;loc=d3e6812-107765<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.13)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Land</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAndStockholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(25))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(32))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesAndStockholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of liabilities classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.15)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PrepaidExpenseAndOtherAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PrepaidExpenseAndOtherAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(13))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(14))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(8))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnamortizedDebtIssuanceExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.17)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnamortizedDebtIssuanceExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_GainonRemeasurementMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=FRPH_GainonRemeasurementMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_RiverFrontMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=FRPH_RiverFrontMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_RiverfrontIJointVentureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_RiverfrontIJointVentureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>45
<FILENAME>R32.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6633302400">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Recently Issued Accounting Standards (Details Narrative)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th">
<div>Sep. 30, 2017 </div>
<div>USD ($)</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_RecentlyIssuedAccountingStandardsDetailsNarrativeAbstract', window );"><strong>Recently Issued Accounting Standards Details Narrative</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities', window );">Reduction of income tax expense from windfall gains on stock option exercises</a></td>
<td class="nump">$ 14<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_RecentlyIssuedAccountingStandardsDetailsNarrativeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_RecentlyIssuedAccountingStandardsDetailsNarrativeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash outflow for realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 20<br> -Section 55<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=96864182&amp;loc=d3e11374-113907<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>46
<FILENAME>R33.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6893972624">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Business Segments (Details Narrative)<br></strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Sep. 30, 2017 </div>
<div>a </div>
<div>ft&#178; </div>
<div>Segments</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>ft&#178;</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NumberOfReportableSegments', window );">Reportable business segments | Segments</a></td>
<td class="nump">4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=us-gaap_MiningPropertiesAndMineralRightsMember', window );">Mining royalty lands</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AreaOfLand', window );">Mining royalty lands acres</a></td>
<td class="nump">15,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_BrooksvilleJointVentureMember', window );">Brooksville Quarry, LLC</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AreaOfLand', window );">Mining royalty lands acres</a></td>
<td class="nump">4,280<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_RiverFrontMember', window );">RiverFront on the Anacostia</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AreaOfRealEstateProperty', window );">Square feet | ft&#178;</a></td>
<td class="nump">300,000<span></span>
</td>
<td class="nump">300,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_PercentLeasedAndOccupied', window );">Stabilization percent leased and occupied</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">90.00%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_PercentLeasedAndOccupied">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_PercentLeasedAndOccupied</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AreaOfLand">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area of land held.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AreaOfLand</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:areaItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AreaOfRealEstateProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area of a real estate property.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AreaOfRealEstateProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:areaItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NumberOfReportableSegments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of segments reported by the entity. A reportable segment is a component of an entity for which there is an accounting requirement to report separate financial information on that component in the entity's financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NumberOfReportableSegments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=us-gaap_MiningPropertiesAndMineralRightsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=us-gaap_MiningPropertiesAndMineralRightsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_BrooksvilleJointVentureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=FRPH_BrooksvilleJointVentureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_RiverFrontMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=FRPH_RiverFrontMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>47
<FILENAME>R34.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6639418480">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related Party Transactions (Details Narrative) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="2">3 Months Ended</th>
<th class="th" colspan="2">9 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionsAbstract', window );"><strong>Related Party Transactions [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty', window );">Charges/allocation related to Transition Services Agreement with Patriot</a></td>
<td class="nump">$ 352<span></span>
</td>
<td class="nump">$ 362<span></span>
</td>
<td class="nump">$ 1,229<span></span>
</td>
<td class="nump">$ 1,156<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of selling, general and administrative expenses resulting from transactions, excluding transactions that are eliminated in consolidated or combined financial statements, with related party.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>48
<FILENAME>R35.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6758996016">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Long-Term debt (Details Narrative)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">3 Months Ended</th>
<th class="th" colspan="2">9 Months Ended</th>
<th class="th" colspan="1">38 Months Ended</th>
<th class="th" colspan="1">48 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Sep. 30, 2017 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Sep. 30, 2016 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Sep. 30, 2017 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Sep. 30, 2016 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Sep. 30, 2017 </div>
<div>USD ($)</div>
</th>
<th class="th"><div>Aug. 07, 2022</div></th>
<th class="th">
<div>Jul. 24, 2015 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jan. 30, 2015 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Aug. 07, 2014 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtDescription', window );">Mortgage interest description</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">5.6% to 7.9% mortgage notes due in installments through 2027<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">5.6% to 7.9% mortgage notes due in installments through 2027<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestCostsCapitalized', window );">Capitalized interest</a></td>
<td class="nump">$ 210<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 382<span></span>
</td>
<td class="nump">$ 812<span></span>
</td>
<td class="nump">$ 864<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConstructionLoanNoncurrent', window );">RiverFront construction loan</a></td>
<td class="nump">60,881<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">60,881<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 60,881<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_SecondaryFinancing', window );">RiverFront EB5 secondary financing</a></td>
<td class="nump">$ 17,000<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 17,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 17,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongtermDebtTypeAxis=us-gaap_ScenarioForecastMember', window );">First Tennessee bank Term Loan</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_LineOfCreditFacilityAgreementTerm', window );">Credit Agreement term years</a></td>
<td class="nump">10<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount', window );">Term loan facility</a></td>
<td class="nump">$ 20,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 20,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 20,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongtermDebtTypeAxis=FRPH_Dock79ConstructionMember', window );">Dock 79 Construction loan</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConstructionLoanNoncurrent', window );">RiverFront construction loan</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 65,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Interest rate over LIBOR</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2.35%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_MaturityExtensionModification1', window );">Extension term description</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">one extension period of four years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCovenantDescription', window );">Debt service ratio</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">debt service ratio of not less than 1.25 to 1.00 during the Extension Term<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongtermDebtTypeAxis=FRPH_Dock79EB5Member', window );">Dock 79 EB5 Financing</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_SecondaryFinancing', window );">RiverFront EB5 secondary financing</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 17,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_InterestRateMaturitiesUpToYearFive', window );">Interest rate to year five</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4.95%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_InterestRateGreaterThanFiveYears', window );">Interest rate greater than five years</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_MaturityExtensionModification1', window );">Extension term description</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">additional twelve months<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentTerms', window );">Repay or Redeem</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Dock 79 is required to repay or redeem EB5's membership interest for a purchase price equal to the sum of the balance of the EB5's contribution account, plus any accrued by unpaid investment return sixty months after the initial capital contribution, unless extended for an additional twelve months in accordance with the agreement.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityAxis=FRPH_WellsFargoMember', window );">Wells Fargo Bank, N.A.</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_LineOfCreditFacilityAgreementTerm', window );">Credit Agreement term years</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity', window );">Revolving Credit Agreement</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 20,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_LineOfCreditStandbyLettersOfCreditSublimit', window );">Sublimit for standby letters of credit</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 10,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LettersOfCreditOutstandingAmount', window );">Letters of credit issued</a></td>
<td class="nump">2,266<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,266<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 2,266<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding', window );">Borrowed under the revolver</a></td>
<td class="nump">5,687<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,687<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,687<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity', window );">Available for borrowing</a></td>
<td class="nump">12,047<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">12,047<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">12,047<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MinimumNetWorthRequiredForCompliance', window );">Tangible net worth covenant</a></td>
<td class="nump">110,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">110,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">110,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements', window );">Available to pay dividends or repurchase stock</a></td>
<td class="nump">77,500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 77,500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">77,500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityInterestRateDescription', window );">Revolver interest over LIBOR</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">1.4%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage', window );">Commitment fee</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0.15%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityCovenantCompliance', window );">Compliance with Covenants</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">all<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityAxis=FRPH_FirstTennesseeMember', window );">First Tennessee Bank</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_LineOfCreditFacilityAgreementTerm', window );">Credit Agreement term years</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity', window );">Revolving Credit Agreement</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 20,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription', window );">Revolver conversion to term loan</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">24 month window to convert up to the full amount of the facility into a ten year term loan<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding', window );">Borrowed under the revolver</a></td>
<td class="nump">753<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 753<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">753<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity', window );">Available for borrowing</a></td>
<td class="nump">$ 19,247<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 19,247<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 19,247<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityInterestRateDescription', window );">Revolver interest over LIBOR</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">1.9%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage', window );">Commitment fee</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0.10%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_InterestRateGreaterThanFiveYears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_InterestRateGreaterThanFiveYears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_InterestRateMaturitiesUpToYearFive">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_InterestRateMaturitiesUpToYearFive</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_LineOfCreditFacilityAgreementTerm">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_LineOfCreditFacilityAgreementTerm</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:pureItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_LineOfCreditStandbyLettersOfCreditSublimit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_LineOfCreditStandbyLettersOfCreditSublimit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_MaturityExtensionModification1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_MaturityExtensionModification1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_SecondaryFinancing">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_SecondaryFinancing</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends that can be declared or paid without affecting the banking or savings institution's regulatory capital position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(e))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConstructionLoanNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the noncurrent portion of a long-term real estate loan to finance building costs. The funds are disbursed as needed or in accordance with a prearranged plan; generally, a portion of the funds is disbursed at inception and the remainder as construction progresses. The money is repaid on completion of the project (generally one to seven years), usually from the proceeds of a mortgage loan. The rate is normally higher than the prime rate, and there is usually an origination fee. The effective yield on these loans tends to be high, and the lender has a security interest in the real property.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConstructionLoanNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentCovenantDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Description of minimum financial levels (for example, tangible net worth and working capital) and achievement of certain financial ratios (for example, working capital ratio and debt service coverage ratio), and adherence to certain clauses which generally require or restrict certain actions (for example, entering into a debt arrangement with equal or greater seniority, and selling or discontinuing a certain business segment or material subsidiary) to be in compliance with the covenant clauses of the debt agreement. May also include a discussion of the adverse consequences that would result if the entity violates or fails to satisfy the covenants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 470<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (g)<br> -URI http://asc.fasb.org/extlink&amp;oid=75038535&amp;loc=d3e64711-112823<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentCovenantDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentInterestRateStatedPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Contractual interest rate for funds borrowed, under the debt agreement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22(a)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentInterestRateStatedPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of unused borrowing capacity under the long-term financing arrangement that is available to the entity as of the balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestCostsCapitalized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of interest capitalized during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=6450988&amp;loc=d3e26243-108391<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InterestCostsCapitalized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LettersOfCreditOutstandingAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total amount of the contingent obligation under letters of credit outstanding as of the reporting date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LettersOfCreditOutstandingAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LineOfCreditFacilityCovenantCompliance">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Identification of whether the entity has been in compliance with any credit facility debt covenants during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=84159872&amp;loc=d3e21475-112644<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(13))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(19)(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LineOfCreditFacilityCovenantCompliance</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of the amount outstanding under the credit facility.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=77997519&amp;loc=d3e13433-108611<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=77997519&amp;loc=d3e13476-108611<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LineOfCreditFacilityInterestRateDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Description of the interest rate for the amounts borrowed under the credit facility, including the terms and the method for determining the interest rate (for example, fixed or variable, LIBOR plus a percentage, increasing rate, timing of interest rate resets, remarketing provisions).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.19(b),22(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LineOfCreditFacilityInterestRateDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.19(b),22(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.19(b),22(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Describes when borrowings outstanding under a line of credit will convert to a term loan, and describes the repayment terms, collateral, and priority (seniority) of the term loan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.19(b),22(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Description of long-term debt arrangements, which are debt arrangements that originally require full repayment more than twelve months after issuance or greater than the normal operating cycle of the company, if longer, and disclosures pertaining to the underlying arrangements, including repayment terms, conversion features, interest rates, restrictions on assets and activities, debt covenants, and other matters important to users of the financial statements. Types of long-term debt arrangements include borrowing under notes payable, bonds payable, debentures, term loans, and other contractual obligations for payment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=84159872&amp;loc=d3e21475-112644<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentTerms">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of timing of required repayments, sinking fund requirements, and other redeemable securities at fixed or determinable prices and dates in the five years immediately following the date of the latest balance sheet presented in the financial statements, and the amount thereafter to fully repay the principal of long-term debt. These disclosures may be made either on an individual debt or security basis, by type of debt or security basis, or on a combined basis.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=84159872&amp;loc=d3e21475-112644<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentTerms</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MinimumNetWorthRequiredForCompliance">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The lowest amount of net worth (total assets minus total liabilities) required by secondary market investors or state-imposed regulatory mandates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 948<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)(a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6490092&amp;loc=d3e47080-110998<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 948<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=6490092&amp;loc=d3e47304-110998<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MinimumNetWorthRequiredForCompliance</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongtermDebtTypeAxis=us-gaap_ScenarioForecastMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongtermDebtTypeAxis=us-gaap_ScenarioForecastMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongtermDebtTypeAxis=FRPH_Dock79ConstructionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongtermDebtTypeAxis=FRPH_Dock79ConstructionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongtermDebtTypeAxis=FRPH_Dock79EB5Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongtermDebtTypeAxis=FRPH_Dock79EB5Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LineOfCreditFacilityAxis=FRPH_WellsFargoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LineOfCreditFacilityAxis=FRPH_WellsFargoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LineOfCreditFacilityAxis=FRPH_FirstTennesseeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LineOfCreditFacilityAxis=FRPH_FirstTennesseeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>49
<FILENAME>R36.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6896891344">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings per Share (Details Narrative) - shares<br></strong></div></th>
<th class="th" colspan="2">3 Months Ended</th>
<th class="th" colspan="2">9 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareAbstract', window );"><strong>Earnings per common share:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount', window );">Anti-dilutive shares</a></td>
<td class="nump">13,610<span></span>
</td>
<td class="nump">42,040<span></span>
</td>
<td class="nump">22,422<span></span>
</td>
<td class="nump">72,090<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>50
<FILENAME>R37.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6756000720">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Stock-Based Compensation Plans (Details Narrative)<br> $ / shares in Units, $ in Thousands</strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Sep. 30, 2017 </div>
<div>USD ($) </div>
<div>Years </div>
<div>shares</div>
</th>
<th class="th">
<div>Sep. 29, 2017 </div>
<div>$ / shares</div>
</th>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_StockOptionPlans', window );">Number of stock option plans</a></td>
<td class="nump">2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod', window );">Options expire from date of grant</a></td>
<td class="text">10 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights', window );">Exercisable installments</a></td>
<td class="text">Immediate or 20% or 25%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant', window );">Shares available for future issuance | shares</a></td>
<td class="nump">569,917<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1', window );">Aggregate intrinsic value of exercisable in-the-money options</a></td>
<td class="nump">$ 2,442<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue', window );">Aggregate intrinsic value of outstanding in-the-money options</a></td>
<td class="nump">3,037<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharePrice', window );">Market close price | $ / shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 45.25<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized', window );">Total unrecognized compensation cost of options granted but not yet vested</a></td>
<td class="nump">$ 343<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2', window );">Weighted average period for compensation to be recognized | Years</a></td>
<td class="nump">3.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_EmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders', window );">Gains realized by option holders</a></td>
<td class="nump">$ 1,474<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum', window );">Expected minimum volatility</a></td>
<td class="nump">35.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum', window );">Expected maximum volatility</a></td>
<td class="nump">46.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum', window );">Risk-free interest rate minimum</a></td>
<td class="nump">0.30%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum', window );">Risk-free interest rate maximum</a></td>
<td class="nump">4.20%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum', window );">Expected life minimum | Years</a></td>
<td class="nump">3.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum', window );">Expecited life maximum | Years</a></td>
<td class="nump">7.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate', window );">Dividend yield</a></td>
<td class="nump">0.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost', window );">Modification stock compensation expense</a></td>
<td class="nump">$ 41<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=FRPH_PatriotTransportationMember', window );">Patriot Transportation</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions', window );">Realized tax benefit from options exercised</a></td>
<td class="nump">1,365<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost', window );">Modification stock compensation expense</a></td>
<td class="nump">$ 150<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_EmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_EmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_StockOptionPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_StockOptionPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:pureItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Unrecognized cost of unvested share-based compensation awards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (i)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of tax benefit from exercise of stock options granted under share-based compensation arrangement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2A<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=SL79508275-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Description of award terms as to how many shares or portion of an award are no longer contingent on satisfaction of either a service condition, market condition or a performance condition, thereby giving the employee the legal right to convert the award to shares, to sell the shares, and be entitled to the cash proceeds of such sale. For example, vesting may be expressed as being 25 percent of the shares under option on each anniversary of the grant date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (f)(2)(iii)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The estimated measure of the maximum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The estimated measure of the minimum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maximum risk-free interest rate assumption that is used in valuing an option on its own shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The minimum risk-free interest rate assumption that is used in valuing an option on its own shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount by which the current fair value of the underlying stock exceeds the exercise price of options outstanding.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>An excess of the fair value of the modified award over the fair value of the award immediately before the modification.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (h)(2)(iii)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SharePrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Price of a single share of a number of saleable stocks of a company.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SharePrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Period from grant date that an equity-based award expires, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=96867065&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=FRPH_PatriotTransportationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=FRPH_PatriotTransportationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>51
<FILENAME>R38.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6744466128">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Contingent Liabilities (Details Narrative) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="3">3 Months Ended</th>
<th class="th" colspan="2">9 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Sep. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_ContingentLiabilitiesDetailsNarrativeAbstract', window );"><strong>Contingent Liabilities Details Narrative</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LossContingencyEstimateOfPossibleLoss', window );">Cap on environment financial responsibility</a></td>
<td class="nump">$ 1,871<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,871<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EnvironmentalRemediationExpense', window );">Environmental remediation expense</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">$ 2,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_CostofRemediation', window );">Total cost of remediation</a></td>
<td class="nump">$ 1,833<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,833<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EnvironmentalCostsRecognizedRecoveryCreditedToExpense', window );">Environmental remediation recovery</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 3,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_ContingentLiabilitiesDetailsNarrativeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_ContingentLiabilitiesDetailsNarrativeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_CostofRemediation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_CostofRemediation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EnvironmentalCostsRecognizedRecoveryCreditedToExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of any recovery from third parties that is credited to environmental remediation costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 410<br> -SubTopic 30<br> -Section 50<br> -Paragraph 12<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=6393242&amp;loc=d3e13296-110859<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EnvironmentalCostsRecognizedRecoveryCreditedToExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EnvironmentalRemediationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The charge against earnings in the period for known or estimated future costs arising from requirements to perform environmental remediation activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 410<br> -SubTopic 30<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=6393242&amp;loc=d3e13296-110859<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EnvironmentalRemediationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LossContingencyEstimateOfPossibleLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Reflects the estimated amount of loss from the specified contingency as of the balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 450<br> -SubTopic 20<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=82911808&amp;loc=d3e14435-108349<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 450<br> -SubTopic 20<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=82911808&amp;loc=d3e14557-108349<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LossContingencyEstimateOfPossibleLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>52
<FILENAME>R39.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6642792048">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Concentrations (Details Narrative)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="1">9 Months Ended</th>
</tr>
<tr><th class="th">
<div>Sep. 30, 2017 </div>
<div>USD ($) </div>
<div>integer</div>
</th></tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_NumberOfTenants', window );">Tenants leasing mining locations | integer</a></td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskByTypeAxis=FRPH_AssetManagementTopCustomerMember', window );">Asset Management Top Customer</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskPercentage1', window );">Customer revenue concentration</a></td>
<td class="nump">11.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskByTypeAxis=FRPH_MiningTopCustomerMember', window );">Mining Top Customer</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskPercentage1', window );">Customer revenue concentration</a></td>
<td class="nump">15.40%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsReceivableNet', window );">Accounts receivable concentration | $</a></td>
<td class="nump">$ 107<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_NumberOfTenants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_NumberOfTenants</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsReceivableNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For an unclassified balance sheet, the amount due from customers or clients for goods or services that have been delivered or sold in the normal course of business, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(3))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(4))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(9))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(5))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsReceivableNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConcentrationRiskPercentage1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 275<br> -SubTopic 10<br> -Section 50<br> -Paragraph 18<br> -URI http://asc.fasb.org/extlink&amp;oid=84177426&amp;loc=d3e6351-108592<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=77997519&amp;loc=d3e13531-108611<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 275<br> -SubTopic 10<br> -Section 50<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=84177426&amp;loc=d3e6404-108592<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 21<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=77997519&amp;loc=d3e13537-108611<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConcentrationRiskPercentage1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConcentrationRiskByTypeAxis=FRPH_AssetManagementTopCustomerMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConcentrationRiskByTypeAxis=FRPH_AssetManagementTopCustomerMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConcentrationRiskByTypeAxis=FRPH_MiningTopCustomerMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConcentrationRiskByTypeAxis=FRPH_MiningTopCustomerMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>53
<FILENAME>R40.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6744182064">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Fair Value Measurements (Details Narrative) - USD ($)<br> $ in Thousands</strong></div></th>
<th class="th"><div>Sep. 30, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueDisclosuresAbstract', window );"><strong>Fair Value Disclosures [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Assets measured at fair value on a recurring basis</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Liabilities measured at fair value on a recurring basis</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureNonrecurring', window );">Assets measured at fair value on a non-recurring basis</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureNonrecurring', window );">Liabilities measured at fair value on a non-recurring basis</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Carrying amount of other long-term debt</a></td>
<td class="nump">115,113<span></span>
</td>
<td class="nump">$ 40,745<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtFairValue', window );">Fair value of other long-term debt</a></td>
<td class="nump">$ 117,827<span></span>
</td>
<td class="nump">$ 43,747<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsFairValueDisclosureNonrecurring">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the aggregate of the assets reported on the balance sheet at period end measured at fair value on a nonrecurring basis by the entity. This element is intended to be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetsFairValueDisclosureNonrecurring</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsFairValueDisclosureRecurring">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the aggregate of the assets reported on the balance sheet at period end measured at fair value on a recurring basis by the entity. This element is intended to be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetsFairValueDisclosureRecurring</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentCarryingAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentCarryingAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueDisclosuresAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueDisclosuresAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesFairValueDisclosureNonrecurring">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregation of the liabilities reported on the balance sheet measured at fair value on a nonrecurring basis by the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesFairValueDisclosureNonrecurring</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesFairValueDisclosureRecurring">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregation of the liabilities reported on the balance sheet measured at fair value on a recurring basis by the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesFairValueDisclosureRecurring</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>54
<FILENAME>R41.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6745197296">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments in Joint Ventures (Details Narrative)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="1">1 Months Ended</th>
<th class="th" colspan="5">3 Months Ended</th>
<th class="th" colspan="2">9 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>May 31, 2016 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Sep. 30, 2017 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Sep. 30, 2016 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Mar. 31, 2016 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2006 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Sep. 30, 2017 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Sep. 30, 2016 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2016 </div>
<div>a </div>
<div>ft&#178;</div>
</th>
<th class="th">
<div>Oct. 04, 2006 </div>
<div>a</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromEquityMethodInvestments', window );">Company's share of the loss of the joint venture</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 12<span></span>
</td>
<td class="nump">$ 1,119<span></span>
</td>
<td class="nump">$ 652<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,589<span></span>
</td>
<td class="nump">$ 924<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RetainedEarningsUndistributedEarningsFromEquityMethodInvestees', window );">Joint Venture consolidated retained earnings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (2,633)<span></span>
</td>
<td class="num">$ (1,667)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (2,633)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=FRPH_VulcanMember', window );">Vulcan</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_AreaofLandContributed', window );">Acres conributed | a</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">553<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_LeaseholdInterest', window );">Vulcan leasehold interest | a</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,443<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireLand', window );">FRP additional contribution for land</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 3,018<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_AreaOfLandAcquired', window );">Additional land acquired | a</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">288<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=FRPH_StJohnsMember', window );">St Johns Properties JV St Johns</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ContributionOfProperty', window );">Value of land contributed</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 3,240<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_AreaofLandContributed', window );">Acres conributed | a</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_BrooksvilleJointVentureMember', window );">Brooksville Quarry, LLC</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AreaOfLand', window );">Land acreage | a</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,300<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentOwnershipPercentage', window );">Joint venture percentage stake</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_AreaofLandContributed', window );">Acres conributed | a</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,443<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_ContributionofLand2', window );">Book value of land contribution</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,548<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireLand', window );">FRP additional contribution for land</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 3,018<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_AreaOfLandAcquired', window );">Additional land acquired | a</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">288<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromEquityMethodInvestments', window );">Company's share of the loss of the joint venture</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 31<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_BCFRPRealtyJointVentureMember', window );">BC FRP Realty, LLC</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AreaOfRealEstateProperty', window );">Square feet | ft&#178;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">329,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ContributionOfProperty', window );">Value of land contributed</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 7,500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentOwnershipPercentage', window );">Joint venture percentage stake</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentDividendsOrDistributions', window );">Distribution received</a></td>
<td class="nump">$ 2,130<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_AreaofLandContributed', window );">Acres conributed | a</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">25<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromEquityMethodInvestments', window );">Company's share of the loss of the joint venture</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_AreaOfLandAcquired">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_AreaOfLandAcquired</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:areaItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_AreaofLandContributed">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_AreaofLandContributed</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:areaItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_ContributionofLand2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_ContributionofLand2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_LeaseholdInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_LeaseholdInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:areaItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AreaOfLand">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area of land held.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AreaOfLand</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:areaItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AreaOfRealEstateProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area of a real estate property.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AreaOfRealEstateProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:areaItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ContributionOfProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value of property contributed in noncash investing and financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=98513485&amp;loc=d3e4304-108586<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=98513485&amp;loc=d3e4313-108586<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=98513485&amp;loc=d3e4332-108586<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ContributionOfProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentDividendsOrDistributions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of distribution received from equity method investee for return on investment, classified as operating activities. Excludes distribution for return of investment, classified as investing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(12))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 21D<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=SL94080555-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentDividendsOrDistributions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentOwnershipPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentOwnershipPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromEquityMethodInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(12))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3602-108585<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66022249&amp;loc=d3e33749-111570<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(13)(f))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossFromEquityMethodInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireLand">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow from the acquisition of real estate intended to generate income for the owner; excludes land acquired for use by the owner.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 13<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3213-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsToAcquireLand</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RetainedEarningsUndistributedEarningsFromEquityMethodInvestees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of consolidated retained earnings that represent undistributed (not yet received) earnings from 50% or less owned persons accounted for by the equity method (equity method investees).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 852<br> -SubTopic 20<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6462270&amp;loc=d3e57205-112772<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RetainedEarningsUndistributedEarningsFromEquityMethodInvestees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=FRPH_VulcanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=FRPH_VulcanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=FRPH_StJohnsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=FRPH_StJohnsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_BrooksvilleJointVentureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_BrooksvilleJointVentureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_BCFRPRealtyJointVentureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_BCFRPRealtyJointVentureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>55
<FILENAME>R42.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6756514272">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidation of RiverFront Investment Partners I, LLC. (Details Narrative)<br> $ in Thousands</strong></div></th>
<th class="th" colspan="1">1 Months Ended</th>
<th class="th" colspan="2">3 Months Ended</th>
<th class="th" colspan="2">9 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Jun. 30, 2013 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Sep. 30, 2017 </div>
<div>USD ($) </div>
<div>ft&#178;</div>
</th>
<th class="th">
<div>Sep. 30, 2016 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Sep. 30, 2017 </div>
<div>USD ($) </div>
<div>ft&#178;</div>
</th>
<th class="th">
<div>Sep. 30, 2016 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>ft&#178;</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Aug. 08, 2014 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Mar. 30, 2012 </div>
<div>a </div>
<div>ft&#178;</div>
</th>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_SecondaryFinancing', window );">EB5 Secondary financing</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 17,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 17,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConstructionLoanNoncurrent', window );">Nonrecourse construction loan</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">60,881<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">60,881<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain', window );">Gain on remeasurement of investment of real estate partnership</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 60,196<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">60,196<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=FRPH_MRPMember', window );">MRP</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_CapitalContribution', window );">Capital contribution</a></td>
<td class="nump">$ 5,553<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain', window );">Gain on remeasurement of investment of real estate partnership</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 20,469<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_RiverfrontIJointVentureMember', window );">Riverfront Holdings I, LLC</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AreaOfRealEstateProperty', window );">Square feet | ft&#178;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">300,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetRentableArea', window );">Retail square feet | ft&#178;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">18,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_AreaofLandtoDevelop', window );">Area of land to develop | a</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AreaOfLand', window );">Land acreage | a</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5.82<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ContributionOfProperty', window );">Value of land contributed</a></td>
<td class="nump">13,500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_ContributionofLand2', window );">Book value of land contribution</a></td>
<td class="nump">6,165<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireEquityMethodInvestments', window );">Cash contributed</a></td>
<td class="nump">$ 4,866<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentOwnershipPercentage', window );">Joint venture percentage stake</a></td>
<td class="nump">77.14%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">77.14%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_SecondaryFinancing', window );">EB5 Secondary financing</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 17,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConstructionLoanNoncurrent', window );">Nonrecourse construction loan</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 65,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_RiverFrontMember', window );">RiverFront on the Anacostia</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AreaOfRealEstateProperty', window );">Square feet | ft&#178;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">300,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">300,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">300,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EquityMethodInvestmentOwnershipPercentage', window );">Joint venture percentage stake</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">66.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_PercentUnitsLeased', window );">Units leased</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">96.40%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">96.40%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_FRPH_PercentLeasedAndOccupied', window );">Stabilization percent leased and occupied</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">90.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_AreaofLandtoDevelop">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_AreaofLandtoDevelop</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:areaItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_CapitalContribution">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_CapitalContribution</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_ContributionofLand2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_ContributionofLand2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_PercentLeasedAndOccupied">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_PercentLeasedAndOccupied</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_PercentUnitsLeased">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_PercentUnitsLeased</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_FRPH_SecondaryFinancing">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">FRPH_SecondaryFinancing</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>FRPH_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AreaOfLand">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area of land held.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AreaOfLand</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:areaItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AreaOfRealEstateProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area of a real estate property.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AreaOfRealEstateProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:areaItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>In a business combination achieved in stages, this element represents the amount of gain recognized by the entity as a result of remeasuring to fair value the equity interest in the acquiree it held before the business combination.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 805<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (g)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=79982066&amp;loc=d3e1392-128463<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConstructionLoanNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the noncurrent portion of a long-term real estate loan to finance building costs. The funds are disbursed as needed or in accordance with a prearranged plan; generally, a portion of the funds is disbursed at inception and the remainder as construction progresses. The money is repaid on completion of the project (generally one to seven years), usually from the proceeds of a mortgage loan. The rate is normally higher than the prime rate, and there is usually an origination fee. The effective yield on these loans tends to be high, and the lender has a security interest in the real property.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConstructionLoanNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ContributionOfProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value of property contributed in noncash investing and financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=98513485&amp;loc=d3e4304-108586<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=98513485&amp;loc=d3e4313-108586<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=98513485&amp;loc=d3e4332-108586<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ContributionOfProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityMethodInvestmentOwnershipPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityMethodInvestmentOwnershipPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetRentableArea">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Net rentable area for properties owned.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetRentableArea</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:areaItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireEquityMethodInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow associated with the purchase of or advances to an equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 13<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=98514028&amp;loc=d3e3213-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsToAcquireEquityMethodInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=FRPH_MRPMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=FRPH_MRPMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_RiverfrontIJointVentureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_RiverfrontIJointVentureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=FRPH_RiverFrontMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=FRPH_RiverFrontMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>56
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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MMWF\81AU8\K(XK%T-8943OTJDH\ Q:X831F:3LTXXFBD(3^ G/,6+V2?$9/
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M'WY781^LV[E_;'P15 W\N@OU!5!+ P04    " #846E+F5R<(Q &  "<)P
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M*-& J7&I-*[!&0=S,&&B@#<<0 V'PX8#J/PG0F)8RL#P0OQ<INQJIDM6O-D
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MIT'#15L=QI.NZ'3<MOP?4$L#!!0    ( -A1:4M.O4184 (  #P'   8
M>&PO=V]R:W-H965T<R]S:&5E=#4N>&ULC57;CILP$/T5Q <LX6)((H*T(:E:
MJ9566[5]=L@DH#68VDZR_?O:AI!@W'1?L#V<<^8&X_1"V1LO 83S7I.&K]Q2
MB';I>;PHH<;\B;;0R#<'RFHLY)$=/=XRP'M-JHD7S&:Q5^.J<;-4VUY8EM*3
M(%4#+\SAI[K&[,\:"+VL7-^]&EZK8RF4P<O2%A_A.X@?[0N3)V]0V5<U-+RB
MC</@L'*?_>4V5G@-^%G!A=_M'97)CM(W=?BR7[DS%1 0*(12P'(Y0PZ$*"$9
MQN]>TQU<*N+]_JK^2><N<]EA#CDEOZJ]*%?NW'7V<, G(E[IY3/T^2#7Z9/_
M"F<@$JXBD3X*2KA^.L6)"UKW*C*4&K]W:]7H]=+K7VEV0M 3@H$@?3\BA#TA
MO!&BAX2H)T0?]8!Z C(\>%WNNI@;+'"6,GIQ6/<YM%A]=?X2R785RJB[H]_)
M>G)I/6>^[Z?>60GUF'6'">XP23*&;*:0FX@G QBB"&Q1K(,)/8C''O(I))D;
M0?Q?9?M0911H:"U7J/GAJ%R!72"R"D1:(!H)A$:].TRB,8W&1,B?1T9!IBA_
M@<R^6*3F830SJF)SB/[10&1-"UG2,@)>=Q@T"CA9&,GG4Y01[>9#.MM'.J.$
M8FM"L24A9"043\H6H'!A_#WY%&7IDT5JCB(#M9VB+'WR[G[]&MA1SV'N%/34
M"/7IWEF'4?\<J-%AV-?^,O<M]HV\&KI)?I/O[I5OF!VKACL[*N3 TF/E0*D
M&?OL2;:BE%?9<"!P$&J;R#WK!GIW$+3M[RION#"SOU!+ P04    " #846E+
MFY7_LGT$   -%@  &    'AL+W=O<FMS:&5E=',O<VAE970V+GAM;(68W6[C
M-A"%7\7P?5;B#/47. 8B%T4+M,!BB[;7BLW$QDJ6*RGQ]NU+R8K7F3G<WL02
M<TB>&9(?*:[.;?>UWSLW++XU];%_6.Z'X70?1?UV[YJJ_]2>W-'_Y[GMFFKP
MK]U+U)\Z5^VF2DT=41RG45,=CLOU:BK[W*U7[>M0'X[N<[?H7YNFZOXM7=V>
M'Y9F^5[PY?"R'\:":+TZ52_N#S?\>?K<^;?HVLKNT+AC?VB/B\X]/RP?S?V&
M\['"I/CKX,[]S?-B#.6I;;^.+[_N'I;QZ,C5;CN,353^Y\UM7%V/+7D?_\R-
M+J]]CA5OG]];_WD*W@?S5/5NT]9_'W;#_F&9+Q<[]UR]UL.7]OR+FP-*EHLY
M^M_<FZN]?'3B^]BV=3_]76Q?^Z%MYE:\E:;Z=OD]'*??\]S^>S5<@>8*=*W@
M^_Y1!9XK\/<*=@K^XFP*]:=JJ-:KKCTONLMHG:IQ4IA[]LG<CH53[J;_^6A[
M7_JV-B9=16]C0[.FO&CH5G-51+[U:Q>$NBA)52?1PT9+LAQWP3 *GNKSAR@R
MW("%#=BI 7O;0!R+-%PTV:0Y3AJ;LQ6J#5 E22!?"?22@& "V4AA ZD*)D]$
M+!=)<N.R(,I%*%J4,A7820:=9,I)(IUDJA-3I"2SJE5W)IC6''K)E9=">LFU
MER0OA!4M*LAB(P4T4F@C<L45.MPT-E*VT;(8&S$Q7ORQGO:FD*L_UEDA801H
MB -SU@1 9+07.0W*673;3Y++:8M$<1HP Y'U:$BO00K,-H.19!C$0S(>U@--
M.<N @,J&D& PX P@'+&T8\$RHYO 9S](%J>A%&/*F42S00UWHCJRUDHW6I08
M&QHL3$RCD6G(2C>:AW>4L>0#DIF80MG!X#2:G(8DK@R@8JH&2XLX@"N#P6DT
M.8W<P4N#V,EZZ@ 9IRD%#&& F@*LSL!V3YA\!,@G][^2--7\<DCDMK&!NBPV
M2< 2!B!I ++,,FFTW:4JR4B5!=U@ A*!!,FM819]&$UUM-,:,C8T6IBE!%C*
M$A:D*4FDQTJK GLF89"2!JE$0$D(D,J)%OE#:V!I$H8H:8@:-M*-!J0'4J'.
M6%!G;1PX\1%&*:5Z<7)@?1.&'P'XL=RK","/$KDY(%7* 3<8?P3PQW)O(,TU
M*[=QH E-/<P]TB='PW)3('!V9$XS:0;)3!(8:\8494!1Q2Q&Y\?<RN6 9'EL
M S.',4,9'"(YDX8 'CU.,KD>H,Z:T/1A#%(&(&6YT["&Y)W".A(9#HU8X$,9
MD53BB\%Y,Y,K"XEL*#48I0S.I/)[NF2-2;K=[6<W0)6%Y@YF*0.66LE21HS,
M,C546I:%]CS&'&5P)+7R^X'U69-2N3-N@"H 'L9 9@!DB;>2-6J5D1])/AK!
M+&; 8OE!4,ZB['^2HE722W1SB=:X[F6Z;^P7V_;U.(RW53>EUSO-1QHOX41Y
M:>XWEYO)[\U<+DI_K[J7P[%?/+7#T#;31=QSVP[..XP_^3SM7;6[OM3N>1@?
M,__<72XH+R]#>YHO7Z/K#?#Z/U!+ P04    " #846E+=,R:_[,!  #3 P
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M/VU\@ K1@4\EN?$SU/@?-AL2*A>.=_YLQCD;#8?=](78_(_SWU!+ P04
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M_ ];# F-"\=[?S;3G$V&PW[^0FSYQ^5?4$L#!!0    ( -A1:4OB6!MWMP$
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M;#$4U"X<W_FSF>9L,ASV\Q=BRS\N_@!02P,$%     @ V%%I2[=\4%2W 0
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ML._\[KT[<^=TD.I%-P &O0K>Z@PWQG0'0G31@*#Z1G;0VI-**D&--55-=*>
MECY(<!*M5@D1E+4X3[WOI/)4]H:S%DX*Z5X(JMZ.P.60X37^<#RRNC'.0?*T
MHS7\!O.G.REKD9FE9 ):S62+%%09OEL?CHG#>\ 3@T$O]LA5<I;RQ1D_R@RO
M7$+ H3".@=KE O? N2.R:?R=./$LZ0*7^P_V;[YV6\N9:KB7_)F5ILGP'J,2
M*MIS\RB'[S#5$V,T%?\3+L MW&5B-0K)M?^BHM=&BHG%IB+HZ[BRUJ_#>+*+
MI[!P0#0%1'/ WNN04<AG_D -S5,E!Z3&N^^H^\7K0V3OIG!.?Q7^S":OK?>2
MKV\W*;DXH@ES'#'1$C,CB&6?):*0Q#'Z+SQ*PO&;8(H;'[]9RN_B,,$V2+#U
M!-M_:MQ>U1C"?"$2!T7B $%R)1+"[,(B25 D"1#LKT1"F-LK$;)H#P&J]H.A
M42'[U@_EPCO/WEWDV^L3/@[N+ZIJUFITEL8VJ6^E2DH#-I75C2VXL6_%;'"H
MC-O:WD9JG)C1,+*;'@,ROTCY.U!+ P04    " #846E+TC95 ;@!  #3 P
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M'XX?\&RG.9L,;_KY"['E'Q=_ 5!+ P04    " #846E+:Z*>,?P&  #9*0
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MA\.&AQ]-N1\.4BZ.ISEO_@=02P,$%     @ V%%I2V"8P2M# @  &0<  !D
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M04Q O3L,=9BF*R8A) $%F:+R+*6@) @H3\'B;5$F@JNBJ"J*J J!*CJ)DD9
MTA22Q$ 0P@*VP19AB7 Q*2HF1<2 3(L46Z(4[MDI*L\)W+4H50P6<HM2O2-K
MALJ:362%!,KJ,+-1E(C&.5C)]105YA3>" A51A.X]::HA-)WKHX,E95-3F1(
M8IP@1PERI"[@K!4=)AN+N:/P0&)$\#QB1!F\I#"B%)=DWFCT5B<(!:A]T8.
M*G@F42HH"Z7*0(&V*!44%HQ>KIK+HVLCE+<3YT;;=1Y9AU;E/K(O'[ 7X7P=
M(O:-;6W<2_E&W_5%WY@\EHWRGH0V[ZU[%0]":&YR)W?FZ)U,*S9,*G[0=C@S
M8]GU(]U$B[;OM8*AX5O]!5!+ P04    " #846E+ITLM$PL#  "W"P  &0
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ME^R$>,L 'S2I)BCPO 35N&K</-.Q)Y9G]"Q(U< 3<_BYKC'[4P"AW<KUW??
M<W4JA0J@/&OQ"7Z >&F?F%RA4>50U=#PBC8.@^/*??27VT3A->!G!1V?S!WE
M9$?IJUI\/:Q<3Q4$!/9"*6 Y7& -A"@A6<;O0=,=4RKB=/ZN_EE[EUYVF,.:
MDE_5090K=^$Z!SCB,Q'/M/L"@Y_8=0;SW^ "1,)5)3+'GA*N?YW]F0M:#RJR
ME!J_]6/5Z+'KOZ310+,3@H$0C 29^Q8A' CA!^%VAF@@1/^;(1X(L9$!]=YU
M,S=8X#QCM'-8?QQ:K$Z=OXSE=NU54.^._B;[R67TD@=QE*&+$AHP18\))I@T
MO89LYA!_1"!9P%A%8*NB"&;T(+G.L)Y#TH51Q'V5[4V5JT)#:[M"S0^G/I/(
M+A!9!2(M$%WU.S;ZW6-2C6DT)@R-;E@@OM&-.<2/#)GM'//I'VYBJYO8XL9H
M>=%CXDD.SS!S%[&9(Z+(Z-K6@O$#NYG$:B:QF#'.>9'<WQH+Q-R:.21>&(=Y
M:\%XB6$'3?[E-;"3OG*YLZ?G1JA3.HF.M_ICH&X)(U[XR[5OB6_D*]!?VA_R
M_1/R';-3U7!G1X6\F_0-<J14@"S=>Y";4,I7:UP0. HU3>6<]7=WOQ"T'9XE
M-+Z-^5]02P,$%     @ V%%I2\XT[$[$!P  JRX  !D   !X;"]W;W)K<VAE
M971S+W-H965T,S N>&ULC5I=;]M&$/PK@MX3\;Y)PS802502H 6"%&V?%9NV
MA4BB*]%Q^^]+2HRCVYD3]6);]-S>KNYN9G=YUZ_U[OO^J:J:T;^;]79_,WYJ
MFN>KR61_]U1MEOOW]7.U;?_S4.\VRZ;]N'N<[)]WU?+^,&BSGN@L\Y/-<K4=
MWUX?GGW9W5[7+\UZM:V^[$;[E\UFN?MO6JWKUYNQ&O]\\'7U^-1T#R:WU\_+
MQ^J/JOGS^<NN_31YLW*_VE3;_:K>CG;5P\WX@[KZ'$PWX(#X:U6][D_^'G6A
M?*OK[]V'S_<WXZSSJ%I7=TUG8MG^^E'-JO6ZL]3Z\4]O=/PV9S?P].^?UA>'
MX-M@OBWWU:Q>_[VZ;YYNQOEX=%\]+%_6S=?Z]5/5!^3&HS[ZWZH?U;J%=YZT
M<]S5Z_WAY^CN9=_4F]Y*Z\IF^>_Q]VI[^/UZ_(]W_3 ^0/<#]-L =7Z Z0>8
M7P/LV0&V'V O'>#Z >Y2EWP_P%\Z0^@'A$L'Y/V _-(!13^@$ ,FQ_4[;(CY
MLEG>7N_JU]'NN*>?E]W145=%N^7NNH>''7;X7[LG]NW3'[?:Y=>3'YVA'C,]
M8O0))H084B)$O2$FK0-O7FCFQ53#<.WC&68$(IR8(R2(4,KAB1;#5CX2*YF-
M,9\(QA4QYC/S)N/?FZ&K9PX&;&1 B2_NB D'S/: >:>L$^Z6!*6S/+&(ECIC
MB3-:;"5+G!&8&<,H);Z[.4%Y)TR51Y"+3+E<F%H04X6V/'1'0W<0>FY$Y Y<
M43J3RS!'5!&"V*$E@DP6C-S'B-*Y-XFP/ W+8UABEJG'L/(@UXJ E)51(<CD
MN5C0!0%YE]BE@<84,";)=P'=M9DX5G,"RG))BP@RKI Q$9!Q@<>4TYARB*D0
M[DYSW%A:4M\<0<YZ2:$(:O>Q$J@%HE2>IU:JH%$5&)6DDX+L<2U<F2/(FDQ&
MA2"5:8@*444X.>E14"KC@IMA6((%ICTFYBWMY!9D,!T$\9346!XR$1J%97E"
MCE0BFU!$ U+?#TT%/BA-3(@O:$9!3BCP "AVANNK8@(K,Q.%VJDR)5?K(X'E
M+KEYN,0JIK%!^H.J5V16IU:2*YI"2</40J'&M+D%,#N#Z>Q$T6.'N!8I%"-(
M+V8*]:'+'9QTB,'<2=X;.\2%1*&2:$F6,\5D0J<6G;.[0GHWA9P'^39/A</9
M5B'=:@_3( 'FA<D2*ZDY VID0"WI:*:1CMKD)1&2YFRD"1O)HF'6@Z*)NN.2
MF(F3EB94$^1IZ4%N@"<(+,T3FO.6)KP5Y&'I09$P0N[V42-M6:M2"\%I2Q/:
MDCHUTYB&GZ$MS6E+DTQ<;*VI1CH2D/DPI"00DSD1U(*@E$[D=IH3GR;$%V3&
MH)'1(":2A<O34!*0@9C.S15'Q)E3DQQ<EDL:B1,"(MR* 9'L.I-5S&+ 5!P4
M9VF-+*V#DU$A34-4)+^6*6U)0*J0?9L%01F=2( T5P6-J@ EH$91@*!(#IY)
M528@E16P5(CR.E%7&"Y !@4(:D"#^B.#(A KR+QD&-D&6IPW%$?$E<Z@TD$%
M:%#H("*BA9)J2@(R3DF2(*@B3YPHPT75H*A" 6A0+"$HA+QS5O($0UG))@N&
MRI,MNT3/#K49"D"#T@QA(>2=EEI7,I3"%L20L3@N+O*&B;SD"H,B#X&1=EP.
MO,Y044W1!T:;B385&4\J#*F%0FHO<Q$WK'J!56=*+RN*2T#E):#/ Z X+*[D
MAM5 L.8!UB!8V2J;,933LJ$[9"MVFBNU(4HMB^BI(0IKK772:P8S* -#UF*_
MN18;5J%!MQ_E\1WL#H+QB8+'<@FUI(:#:MR2EI)4$X8QJ=<.7/PL:SK)8V-1
MCU)%C.5R9%&.H RWY^0HGH2+@V4-)Y@%V;K==*FN@DV\K6%T+:MPBZVDU-IP
MZK2$.J$$M^>JK7@6SJZ6,9G,?WK0  U9+&X(#0W9BIWFW&D)=T*-;K$P\7ER
MXW*^LZPRD=5W#PI)(HMGX@QE"4.%1'/(<6)QC%BD4#(0".4EH'( %'O,Z<<Q
M^I$:V(-.OUZ7RX)MQE!8_ W9BIWF9.98;UQJH",-*ZT+\)KUM4(NF7[06NPW
MYT=WR1MO-Y@]EV<AL2.</MT%;[MG#ND3'#D'B1U)O'IFC7I8(O(R.'&T':=8
MAQ0+ZN<N;@PY3HF.I9,P"VNIA]1;)L<YT3%.E.KG,&NS"8YWG! =(420/W>N
M?Q*_I>><Z1F)2?GSF&@1!F(H9* A6['3G#8]H4V0/X]9FW.IUPV>4YUGO7DI
M?WZ(P^*9.#EY0DZI(MIS6O&,5N#.!<G*C(':A,!:OI47&<I!:['?G(4\8R&I
M)YZPD \6UH+TS)5S,KYRT%SL>.**"RO,X520UGF6JI@\YS:/W 8$ZI':4F_Q
M/.<USVI;F(94HVVR5Z26G'.;9\F>I%!/NK7FI*<;7]CA]!8(O0&)!O*^,/T:
M+W!."HR3))$&3+_8Z0M(7>ST#5J+_>84%QC%22X-A.*"SE)KP2DNL!>+\@ '
M<B$B/L#'J28GEU0WU>[Q<.MY/[JK7[9-=^/QY.G;S>H/NKOD*IY/U=5<D>>E
MNEH<[TW_,G^\QOW[<O>XVNY'W^JFJ3>'"[ /==U4K?O9^_8K>JJ6]V\?UM5#
MT_T9VK]WQ^O3QP]-_=Q?#9^\W4^__1]02P,$%     @ V%%I2Y@URP?4!
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M(2@B*+@2MPAW[07C2?R<3RL1#1^!Z2,B\+,2'"TA+Y@L J&%#1B'1L@+!H9
MQ&"Y<!B85.0FX G30" <*-\3%WHH'RQR@53.5D >ZT5B$$@  NOMM*O)*,8+
MIH $%,B9%T"!/"A.&3@NH?.2\#UQ"O3G/Y,'/&$,2( !?U-828Z!&^M-8A1(
MC@(9.K=)+'3)A<YX+[G.^V4=''^L=8FT[O-><JT+880*'8RQX"42O ]\R04?
M!K[$>I= [PSX$FSL,@]EA"4ON>09\R57O+ "NU%8\XIKGE-?<<U30/0*BUZA
MK=\?-L5%+RBP\2LL>84V?O_DJD"11,8*%@]'@] B4]ZZ6@.[T.@$2BF$#W\3
M41P?-M-9J&;#^%  'VPC4?PH\4NF0Q.!(:, 9-A>HCAE\E!%K#!C%& ,VTT4
MJ%4R%2J)%$:, HAANXGBB)&4!2<),T9%E!@KQ1GC+<YK5Y@R"APLC,)=$"8(
M190/Q %BI0R5Z!@A%%,]$$=()JP-980A0C'5 T6+GK#H*:9T(/ &);B34.#E
M1D3U0.#U1F@G(:QXBJD?B"L^M),0%CS%%! $#A6AG82PW"FFA" N]UP8"@T<
MECO%E!#$Y7Z#_H353C%E!/%#19C^&C-!QU02FD,A2'^-F:!C:@D-F*#] 5X#
M*Y'V1 W$@\FA8RH.#=X[D'_X6&M^2*',!LH2C1&C8\H2S=^=HC6<7+R6'S[=
M_%DTK[M].WNJNZZNQO?P+W7=N;[+]%.?V]85F_--Z5ZZX=+VU\WID\GIIJL/
MT^>@Y/Q-:OD_4$L#!!0    ( -A1:4O-HC!UNP$  -,#   9    >&PO=V]R
M:W-H965T<R]S:&5E=#,R+GAM;&U3VT[<,!#]%<L?@'>]@855$HFEJEJIE594
M;9^]R22Q\"78S@;^'E]"&FA>[)GQF3-7YZ,V3[8#<.A%"F4+W#G7'PBQ50>2
MV2O=@_(OC3:2.:^:EMC> *NCDQ2$;C8W1#*N<)E'V\F4N1Z<X I.!ME!2F9>
MCR#T6. M?C<\\K9SP4#*O&<M_ +WNS\9KY&9I>82E.5:(0--@>^WAV,6\!'P
MA\-H%S(*E9RU?@K*][K FY 0"*A<8&#^NL #"!&(?!K/$R>>0P;'I?S._C76
M[FLY,PL/6OSEM>L*?(M1#0T;A'O4XS>8ZKG&:"K^!UQ >'C(Q,>HM+#Q1-5@
MG983BT]%LI=T<Q7O,;WL;R>W=0<Z.=#9@:9:4J"8^1?F6)D;/2*3>M^S,.+M
M@?K>5,$86Q'??/+66R\EO:,YN02B"7-,&+K ;&<$\>QS"+H6XDC_<Z=WNW6"
MW6J.NTBP^T"0K1-DJP19),@^$%Q_*C)A]A&C4I&?8Y!%4R68-JZ3194>5%SE
MA77>V'L:A_(/GM;])S,M5Q:=M?.CC0-HM';@,]E<^1WJ_ ^;%0&-"^+>RR;M
M65*<[J<O1.9_7+X!4$L#!!0    ( -A1:4NW4<!%)0(  &X&   9    >&PO
M=V]R:W-H965T<R]S:&5E=#,S+GAM;(U5ZVZ;,!1^%<0#U&!""!$@-9FF3=JD
MJ-.ZWPXY":@V9K83NK>?;2@CX&[[$]^^\UV<^"3KN'B1%8#R7AEM9.Y72K5;
MA&19 2/R@;?0Z),S%XPHO107)%L!Y&2+&$4X"-:(D;KQB\SN'421\:NB=0,'
MX<DK8T3\V@'E7>Z'_MO&4WVIE-E 1=:2"WP#];T]"+U"(\NI9M#(FC>>@'/N
M/X;;?1B8 HMXKJ&3D[EGHAPY?S&+SZ?<#XPCH% J0T'T<(,]4&J8M(^? ZD_
M:IK"Z?R-_:,-K\,<B80]IS_JDZIR?^-[)SB3*U5/O/L$0Z#8]X;T7^ &5,.-
M$ZU1<BKMIU=>I>)L8-%6&'GMQ[JQ8]>?K/!0YB[ 0P$>"_#ZKP714!"-!6%B
MP_?.;-0/1)$B$[SS1/]MM<3\*,)MI"^S-)OV[NR93BOU[JW Z3I#-T,T8'8]
M!D\PX8A FGV4P"Z)'5Z4XS2YE]B[,!NW2.3,$5F"U1U!.LO18V*+:2QFY998
M.2562XDP=A/$3H)X01 %P<QCO/ 8QL$$=2>S=LJLESZ3Q$V0. F2__"9+.\2
M;]ZQN7&J;!S7^8[-U$F0.FR&,YOIPJ:.$LS3[/\)N[.CVY;S*04.0WBFY 1%
M,QTT>;T,Q,4V.NF5_-K8+CO9'9OIH^TOZ ^\[\1?B;C4C?2.7.D>8E_ZF7,%
MVDOPH -7NOF/"PIG9::)GHN^ _8+Q=NANZ/Q+Z;X#5!+ P04    " #846E+
M]JZXZ0P"  "0!0  &0   'AL+W=O<FMS:&5E=',O<VAE970S-"YX;6R-5.UN
MFS 4?17$ ]3!0.@B@M0DK39IDZ).W7X[Y":@VIC:3NC>?OXJ)01E^X/MZW/.
M_>#ZYAT7K[("4,$[HXU<AI52[0(A65; B+SC+33ZYL %(TH?Q1')5@#96Q*C
M",]F<\1(W81%;FU;4>3\I&C=P%8$\L08$7]60'FW#*/PP_!<'RME#*C(6W*$
MGZ!>VJW0)]2K[&L&C:QY$P@X+,.':/&8&+P%_*JADX-]8#+9<?YJ#M_VRW!F
M @(*I3(*1"]G6 .E1DB'\>8UP]ZE(0[W'^I/-G>=RXY(6'/ZN]ZK:AG>A\$>
M#N1$U3/OOH+/)PT#G_QW. /5<!.)]E%R*NTW*$]2<>95="B,O+NU;NS:N9LL
M]K1I O8$W!.T[UN$V!/B3T)RDY!X0O*_'E)/2$<>D,O=%G-#%"ERP;M N'9H
MB>FZ:)'JWU4:H_T[]D[74VKKN8AG28[.1LAC5@Z#!Y@LNX1LKB%1CT Z@#X*
M/!7%"E_1\?S2P_H:DMV/@OBWRN--E8M X\ERQ98?#_-,Y],"R:1 8@62BWJG
MHWH[3&8QC<.D>%2."<Q\A-E<8R*,OXPJ,@&Z3@D-VHF!.-JW+8.2GQIERC&P
M]N/C 9MV'-E7T6(=3=@W>MRXZ? I[V;5#R*.=2.#'5?Z$=A6/7"N0,<^N]/-
M7^GQV!\H')399GHOW)!P!\5;/_]0/X2+OU!+ P04    " #846E+$CP6$;T$
M  #&&0  &0   'AL+W=O<FMS:&5E=',O<VAE970S-2YX;6R56=MRHS@0_16*
M#QB0Q-5ENRIV')+);E5JMG;GF=CRI8:+!W \^_?++:S5ZC;,BP'Y=/=IU'TD
M8'[-BQ_E4<K*^)4F6;DPCU5UGEE6N3W*-"Z_Y&>9U?_L\R*-J_JR.%CEN9#Q
MKC5*$XO;MF>E\2DSE_-V[*U8SO-+E9PR^588Y25-X^+?E4SRZ\)DYN? M]/A
M6#4#UG)^C@_R+UG]?7XKZBMK\+([I3(K3WEF%'*_,!_8[-6Q&X,6\<])7LN;
M<Z-)Y3W/?S07+[N%:3>,9"*W5>,BK@\?<BV3I/%4\_C9.S6'F(WA[?FG]Z<V
M^3J9][B4ZSSY?MI5QX49F,9.[N-+4GW+K\^R3\@UC3[[/^2'3&IXPZ2.L<V3
MLOTUMI>RRM/>2TTEC7]UQU/6'J_=/^ZG&6[ >P,^&'!VUT#T!F(P\.X;.+V!
M,S6"VQNX@T%P/P>O-_"F1O![ W]JA* W" 8#W[UK$/8&X51*S/Z<.7NRR3#9
M#)A8796T9?<85_%R7N17H^@ZYQPW#<IFM57MO!EM"[G]LRZ]LA[]6 K;FUL?
MC:<>L^HP_ ;C^RIDHT.8BHATA+"!EV<,$PP8J\YD2(>CZ:RXYH&'0HVRUC'"
M#E7,(X)A-LAY0JRG"7ZB"7Z>,3_@#K]@&*YBOF(8$.L5PSCX+ B\J$3KP5$\
MN& 6= SG@.WF/D9AXN!,'(0)+.\.X[>8K(L"Y^A1QX@ LM4Q ;S_3PC&(^ZM
MBV?D(O<$S."JP[@W43P["$"]K%V-"ZSP27XBW8^*4K+R\*P\)"L'9.5I<9AO
MVX#S6D?!K";YB<902E8^GI6/5)^/>PAP#P'B(0#W)=!F29.J<4AT%Z)0#7&J
M(4(5R.HJU%O-UF[]9A(J&D,IG)NE%5W^;)TUIWQ02R@;;\G7'J1TB4O3Q9>W
M!\81N@R&PD"$;#)"P1DBX3"G" 41:L8(@6:(0G.P5CRC((\(1.@FTX53<*(9
M&:%2;(),O;+?4@Y&2 =#M(,',!0&"HE A,(P1&*$#0-A($+A&:$/#!$(O:00
MD"!JEQ,]S9&>%C 0"B)JEQ.-S_7&%\(E?! =S9%FA0K_M0?=BC,5ANAGCK2J
M\& 8\3N2RHF.YDBS"A^&TC="[$XHHJ<YTM,"+H]<W\5P[H'<-Y-0$=?W.@I*
M94VH"-=51 BX4O8@9<J] #YV34)%8RB5-2%('-$:QX:L?7T7P6U'HST)%HW"
M5.*$P'%$NQP&B2/;'X9L32;BHG&<RIW03([(H<,A]U"+Y?NN3EW?,"&P:-2;
M^@!(:+! Y-4!&KQ!0=23)J'! M%@QX6!,!#1M8(0:H$(M5;8*(AX@R&HAV=$
MJAUB41>$!@OLN1<(XTL/FK"J"$)_!::_'@R#:";="8(038&(I@M+' 41VQ1!
MZ)Q =$Y39Z$KD^]JY>WK#0=!T8@GE3*A< )3."C-/4A9<4.N5_ D6#0*4XD3
M\B8P>=-N(P)RJ;= A!PYF-) E<! VE18-V]64UD<V@\"I;'-+UG5O ^[&1T^
M.CSPYLTL&%^QV2-#QC=L]M2]R?W???>%X\^X.)RRTGC/JRI/VY>V^SRO9,W=
M_E(7T%'&N^$BD?NJ.?7K\Z+[LM!=5/FY_VIB#9]NEO\!4$L#!!0    ( -A1
M:4N5&*LG% (  )8%   9    >&PO=V]R:W-H965T<R]S:&5E=#,V+GAM;(U4
MT8Z;,!#\%<0'G,&8)(T Z9)<U4JM%%UU[;-#-@&=C:GMA.O?US8<1P"E?<'V
M,C,[NYA-&B%?50&@O3?.*I7ZA=;U&B&5%\"I>A U5.;-24A.M3G*,U*U!'IT
M),X0#H(%XK2L_"QQL;W,$G'1K*Q@+SUUX9S*/QM@HDG]T'\//)?G0ML RI*:
MGN$'Z)=Z+\T)]2K'DD.E2E%Y$DZI_QBNGXC%.\#/$AHUV'NVDH,0K_;P]9CZ
M@34$#')M%:A9KK %QJR0L?&[T_3[E)8XW+^K?W:UFUH.5,%6L%_E41>IO_*]
M(YSHA>EGT7R!KI[8][KBO\$5F(%;)R9'+IAR3R^_*"UXIV*L</K6KF7EUJ9]
M0U8=;9Z .P+N"2;W/4+4$:(/ KE+(!V!_&^&N"/$HPRHK=TU<T<US1(I&D^V
MUZ&F]M:%Z]A\KMP&W==Q[TP_E8E>LR@F";I:H0ZS:3%X@%DN;R&[*23L$<@8
MZ%W@.1<;/*'CQ6V&[12R7(U,_%OEZ:[*C=%HMEV1XT?#.H-H7H#,"A G0&[Z
M'8_ZW6)BAZG:)-$B#$8-F:((#L@(M9NB,"88C]HR12UQ\"D8%88&EXJ#/+L_
M7'FYN%3:-F40[8?(([:7<A3?A.MM.!/?F:'3SH@/^79B?:?R7%;*.PAM?@5W
M84]":##F@P?CNS!#LC\P.&F[79J];$=%>]"B[J8@ZD=Q]A=02P,$%     @
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MP'#1^D)M$[9_7]L0EJ:NU!=LC\^<<\;&DT]<O,H.0'EOE#!9^)U2PQ$A675
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MZKF8G_6\4'Q8.A9:VV;Y&U!+ P04    " #846E+L0L6;08"  #P!0  &0
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MTQHD2XK4+!@&QM-(<W\Z17TUG\^\V6C^/5)P,5I]+]!TP-QJSGOQ-G7,!S5
M6*6I#/5*-"@<@_9 NQMD[F3:M7!::B'-83'FH&^6C;(SGGWZ>(;G^'-$SLUC
M JCYQHTF"((9&"O@/$"?4]#-Z$_)F@L"!RH3*16L ,IT#C88Z%)01:#OP!8
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MCNO88OK.<C[#[)KY@OX>>Y=FMP34DM9G-)C?;1W3 B&"9@)K##H5D5>Q.I%
MM?)0(<Y#,9V(^5),PTX/>L2RKMZ!,<_G.%I."1E/:.CCT#NN>"'F7LS\R2K
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MW!, O(M*A&"_QBE;5=1.+@5K -H4'D5D^(#]IJF$Q*H>X515W.,ZY@)1A/J
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M,55]Y!.'$ 55/P,N"1?J-;TN;UNW7^I7 CP4..GL?M5E^RF0?7-JVG$99JO
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M%]'&4UN4JJ&J)K>J70]5]E(G7Q),.S]4TTO\W6MZ>0=J>HG/J^GUL&- JH)
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MA-?X[5N500+#7H>_+7<!E#_9RKQMT%:>!?YRLNB:_D"S)?BY"\-B45]Y%]+
MP^$0U,/)M:=87\DHXD4?I?=A2I#5N*$%_.U)#,5T(["?"18S(D(N,:*I'CNG
MZIO@\X._P-L<3P(OM6TWX##TS=T"P*VZQ.+T'<ZVM*"FQU:YP+9G<)1U\ZV$
MX+<2@M]*"'XK(?BMA."W$H+?2@A^E1*"[8I<O>K[13MD]1FZ^UNIKZ]8ZNOP
MN:O>E7QJ'\YPIR/:28C_/!OMVT&N_[$'N1YVQJ>7K1U7NSV5*'2+O?]Y//P/
M2DVV"-,D*O,(+M2=:@_/0CZ*>-\2E?^7)"I;K#:<BM*S<1^2W=%]]UNNQ[=<
MCW^I7 \K#U,CR\^-*Z55;/T+6-\M>K\E=WQ+[K"3.VR)ZTKV,'C$$E0'A/"W
MC(YO&1U?)Z/C*Z5*]!H;QNOM2&HK<_L!LO9;^.U;^.U?*?QV+AR!MB=Q%24I
M^$?GXOW5$W%Z@GL/5O-=CU/\\Z]U-M(FK%WQ?SU2IL7L\&VGIN'SWR]0,3Q'
M/--*(E?BM_M]-VIEB0@-D5J*B>B<N&'@[L/=<K&'AB&N^V)GM@P[^(0#ON\^
MXP*B+9#V4(W= 7'8A:)[9^&F<M_MMUW<^,&L:"'"319)]]$!*%@<@H('*&-A
MP0//]F#!;IIM'-=I'(*%A^E[#-;K7(%'&M+,Q/LL0;TRO"RZY3<*</8%8X#$
M@Q+QZS\R,@SHBD% 5_0 NOWXI,W,_3"NZ(5QQ3",.]Q)%\D]?K # )Y>R\]8
M0;#!&QDO.>&_\,1RTQ;_?TC^SQ_RHD+OS,7]FQA^5ATI/O1<<TKYT)-F[W==
M+FR?1H>VFCE]C?;.Q2]Z/E^[Y5:9DZ_?_%.#P%_8=G/&CP37WP1QSV<UQ56&
MN':T3AX\Q$M?UHJNKO)ES30,^U7:D0BP*T/]V*TCSW1^^8X8;O!AJS_<UH,H
M]=%$NX^[W.T0Z623GS>NH8C5@\TD1W#)LG#[@TONUOKOFWL@AO]%_L?$(OZZ
M&HDQW6DRGG=_U+"_#4 X]+.L %$:(8)CW^Z'RZSQZIB"/ /0?8#P[^_=-F)#
M6??OTF$^8K;@)AU8MBX":TVDZR'W^3'GZ!OW__A.G_!PM,'3ZN;1RTJU/3XC
MM-D&^FR390"G<[%0#X9E^=_N6(3EF&"@P5I@.R)A;8/6/OI:V-BY. X%^XQ]
M:_)DOZ?BND9P$!/I/OR+ZS"$C8T,06;=I_NPLNYS71S+$K).R*GGW+V!)/4\
M02"2S?4H1<#S>,XUX2Z:0S17:"F!0&^$KGB%IPS0/SFH0AP.P6=U;?5LM[*1
M[G13'0YK%2F0F8HEXLU16ZQ5>,/UD[)654)M&%C3<*2DVZ08G'NTK?[CWX/%
M\J<^4*,%CZF'[4FB&T^,<&U!<G_K!4R<"8?1VK'_K_!.MAAOL:J@O;YA7+6.
M9$D-9)Z_4V?ONB^NG$)KX!YA%\<=*S@N^>+:1\:EP,:EA(/7RO+1(UF8JC^[
ML04_';\I)LM6'*O[\W3X9Y>K/,1Z?<]<U#=@\M#-%V%H<V,ZTG>\]33P:]1P
M;-\S1B?!M.>9EPI5T[5?N1S/WJ5(+QWEY>T >?LRLVN\S(P6[(4#:;-N#B5]
M<N]R(-[I2\_4[6G6XLC;(RX/X7O/VT6)L?8;W7G3?8XN]K$$N;[/1*)TO>0Z
M?/&1S5[=>U:Z3QQ[$XLX>!-+'_40\7S6AW.V*0=]4&;KUJ$2Z-J0X==AT2.^
M( ,755U9:!%EZ1);?7=C.(0V7QWREJX.Z9MT4HI_[(4C%=]^T;ET1/QS+QT1
M7W3IB(T(-[<-XY6&OG@UNK">:L(!75E@PZ;R_M\M^;J1^]9?&W_O7FW+A7<M
M*T/=[MD<,U470%IRU7W_HR6PK$M)]85+_2T><QVIFX2Q<=M7OTC#NW-=N'9S
M@V;W5[J9UN5JF]>R7:J;I*Q]FEK&ONNZR]XI&8>$<3\I'6!)ZNF1UY,:U27X
M@/*AZTEM JXL:M"%HX.AFJM6J*9M4+D1J0OSWH2>9PYE5CN-HZ\75^@9%#ZN
M2L+V8XLR<UA?@B"]@+WKWH<&.\2"Y>Q-M,K26XLT=JN2IZTZNTWDT-)3.RX?
M&>/V"_'(-OQC[P*9M=R^#W9;T]EXBD%E!+#V+/!0[=Y#!8$?U-BA0L"63=C4
M_CT&)69/?[C"KW!4^+4+^MH:I /#2AN*[U@SNNC6\^T#H;ERKRZI:Y7IM?E%
M%@Q6]U0W%SY8?L7,9:8T#<B+HOL;F,Z=[IFZVJ%S.8,<D"V))@]H@\=D6V[A
MP$3HM@9%CAXRT\-)\[2<>\_33UI7>]@S<E#EY7$W %A8CRQV3.XG.?/.' I=
M<;FIMLPR)^^&>AP(GJ.$\9<YTNXF#T(REUB+%RB1?4R*G.NYF%4Q8/H@)*Z=
MG-A.0S1*Z5KKW#3>J;F+6Q'VK-5TNQ;N5\*TD*MO;#/MG;S;$J$1JC_*0(S"
M(Q"SZ7G3NFGZ7;X7ES4PVLY^6'V/YB)AUVMSCI9F"IS\S$,;ZB:8C:;VBZX\
MO5;_*+DM \Q=%?B+V%2&+8ZK"DSU3BQ#_<'%A9W-'#$01T7BSQW,$4U==@K)
MHB9T%(UU+E*CPH]XX[B8W?%;+1A$PEZ"EW( " ,[XB!89@!JX[YG3'1V'O7A
MHJTHHB/;S8H-HOUOAH5:%9RL,;0*'[7*1Q6QO(E<)0!UW_VM3M>V(W&!$#"V
MI.HS_4U8H^8W&=Q%$Z51X(Z',?9D>.\M7 $M)D2>K4$TSU.MBF@M01!'^U<5
M\-1MAJ?T*(\=]\:OOPGUM35V'8"1Q^=5(2IKKW''8)7=Q*Y^?VV7M&_*KI58
M0,WVX_,/S;YI]^V0QT^2LJ$2"U&G6O^\I/4'[[E6G/P(?%FIP+Y-P1#P<A@"
MIFW*[86]VPMAP:O#B9"O<O(#,'![.,_2&?;KU$ C"\19 \V:1W^(>H@#WM(:
MB?*HX,L%C$7S%7@=LDJ$BVTO6]<ZVTPU=]K[Y)'+:$[WM]6\;0(\*LOJY_\/
M4$L#!!0    ( -A1:4M1&AK 00(  /\*   -    >&PO<W1Y;&5S+GAM;-56
MVVK;0!#]E6532@(EDNS:)8TD: .!0EL"\4/?PEH:20M[45<K5\[7=R^ZV"ZA
MQ6V*\Z*=.;-SYNP%S<:-WC*XKP TZC@338(KK>OW0=!D%7#27,H:A(D44G&B
MC:O*H*D5D+RQ29P%LS!<!IQ0@=-8M/R6ZP9ELA4ZP?,10C[_1N:0X(?SU]];
MJ:]?(3^>O3D["Q\NK@_Q<Q>XP,AS?,H3'"W?XN#/22_#IWE-[(!Z\01U/]TP
M#9D'B4N;&/2+3^-"BOT]L(!A)AS0AK $WQ!&UXK:K()PRK8>GED@DTPJI,WF
MF\J119I''XZ\9\^EY^%42.5J^PK^N^ZG'P0&SPJDC(T"9]@#:5P3K4&)6^.X
MR0[\)81Z>[6MC<)2D6TT6^ IP0VFR%JJ'-18)L(#E,8,"BM'T;*RHY9U8(-:
M2VZ,G))2"N(T#!F]86@S8.S>7MIOQ1YW5R _QQY)B)%5,9AFU;TYG5KH).^R
M>>Y=VN-X44TW4G]LS7*$\^VE@SL%!>V<WQ6C ,-.ZIIM/S!:"@Y^,;\M&!U9
M,(W)4 =54M%'PV>O2F8 4!AM0&F:[2(_%*E7T.GA.G7%L9IG+U#SO][G$@0H
MPG9%F[M_RKO\GQ7/W_V]9/=7.11\6KOZW!)MEWP!(A>G+W)^=?H:[?OC>44&
M?6/<Z;Y[O7=$T;JE3%/1RZUHGH/78Q\_"?YJ7U5LKP-.+=C0:[(VK]$]?I.;
M0T%:IN_L$ETPP9/]V0J/EN.LU4B1X,G^ CEM^94K.#UYTY]02P,$%     @
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ML;_FQLKNVU2\QNJSVND_4$L#!!0    ( -A1:4OE(3#DL $   ,:   :
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M+G)E;'-02P$"% ,4    " #846E+9O,+8((   "Q    $
M@ 'I    9&]C4')O<',O87!P+GAM;%!+ 0(4 Q0    ( -A1:4NU-#IZ[@
M "L"   1              "  9D!  !D;V-0<F]P<R]C;W)E+GAM;%!+ 0(4
M Q0    ( -A1:4N97)PC$ 8  )PG   3              "  ;8"  !X;"]T
M:&5M92]T:&5M93$N>&UL4$L! A0#%     @ V%%I2\@3)K!L @  C @  !@
M             ( !]P@  'AL+W=O<FMS:&5E=',O<VAE970Q+GAM;%!+ 0(4
M Q0    ( -A1:4L'Z,W+WP0  &$9   8              "  9D+  !X;"]W
M;W)K<VAE971S+W-H965T,BYX;6Q02P$"% ,4    " #846E+#,=61N8!  #Q
M!   &               @ &N$   >&PO=V]R:W-H965T<R]S:&5E=#,N>&UL
M4$L! A0#%     @ V%%I2YN%D6=1!0  >AL  !@              ( !RA(
M 'AL+W=O<FMS:&5E=',O<VAE970T+GAM;%!+ 0(4 Q0    ( -A1:4M.O418
M4 (  #P'   8              "  5$8  !X;"]W;W)K<VAE971S+W-H965T
M-2YX;6Q02P$"% ,4    " #846E+FY7_LGT$   -%@  &
M@ '7&@  >&PO=V]R:W-H965T<R]S:&5E=#8N>&UL4$L! A0#%     @ V%%I
M2W3,FO^S 0  TP,  !@              ( !BA\  'AL+W=O<FMS:&5E=',O
M<VAE970W+GAM;%!+ 0(4 Q0    ( -A1:4O,-S-_M@$  -,#   8
M      "  7,A  !X;"]W;W)K<VAE971S+W-H965T."YX;6Q02P$"% ,4
M" #846E+<.7O,+4!  #3 P  &               @ %?(P  >&PO=V]R:W-H
M965T<R]S:&5E=#DN>&UL4$L! A0#%     @ V%%I2ZY\EV>U 0  TP,  !D
M             ( !2B4  'AL+W=O<FMS:&5E=',O<VAE970Q,"YX;6Q02P$"
M% ,4    " #846E+086;0[8!  #3 P  &0              @ $V)P  >&PO
M=V]R:W-H965T<R]S:&5E=#$Q+GAM;%!+ 0(4 Q0    ( -A1:4O7)4!_M0$
M -,#   9              "  2,I  !X;"]W;W)K<VAE971S+W-H965T,3(N
M>&UL4$L! A0#%     @ V%%I2RY!_BJV 0  TP,  !D              ( !
M#RL  'AL+W=O<FMS:&5E=',O<VAE970Q,RYX;6Q02P$"% ,4    " #846E+
M1@[MA[0!  #3 P  &0              @ '\+   >&PO=V]R:W-H965T<R]S
M:&5E=#$T+GAM;%!+ 0(4 Q0    ( -A1:4M86)QJMP$  -,#   9
M      "  ><N  !X;"]W;W)K<VAE971S+W-H965T,34N>&UL4$L! A0#%
M  @ V%%I2P6%Z;BT 0  TP,  !D              ( !U3   'AL+W=O<FMS
M:&5E=',O<VAE970Q-BYX;6Q02P$"% ,4    " #846E+/AC:4;4!  #3 P
M&0              @ ' ,@  >&PO=V]R:W-H965T<R]S:&5E=#$W+GAM;%!+
M 0(4 Q0    ( -A1:4N6N-J]M $  -,#   9              "  :PT  !X
M;"]W;W)K<VAE971S+W-H965T,3@N>&UL4$L! A0#%     @ V%%I2S$_,_&W
M 0  TP,  !D              ( !ES8  'AL+W=O<FMS:&5E=',O<VAE970Q
M.2YX;6Q02P$"% ,4    " #846E+XE@;=[<!  #3 P  &0
M@ &%.   >&PO=V]R:W-H965T<R]S:&5E=#(P+GAM;%!+ 0(4 Q0    ( -A1
M:4NW?%!4MP$  -,#   9              "  7,Z  !X;"]W;W)K<VAE971S
M+W-H965T,C$N>&UL4$L! A0#%     @ V%%I2Q6%:SK& 0  . 0  !D
M         ( !83P  'AL+W=O<FMS:&5E=',O<VAE970R,BYX;6Q02P$"% ,4
M    " #846E+;%JB#]0!  "=!   &0              @ %>/@  >&PO=V]R
M:W-H965T<R]S:&5E=#(S+GAM;%!+ 0(4 Q0    ( -A1:4O2-E4!N $  -,#
M   9              "  6E   !X;"]W;W)K<VAE971S+W-H965T,C0N>&UL
M4$L! A0#%     @ V%%I2VNBGC'\!@  V2D  !D              ( !6$(
M 'AL+W=O<FMS:&5E=',O<VAE970R-2YX;6Q02P$"% ,4    " #846E+8)C!
M*T,"   9!P  &0              @ &+20  >&PO=V]R:W-H965T<R]S:&5E
M=#(V+GAM;%!+ 0(4 Q0    ( -A1:4L2<)+_P0(  /P)   9
M  "  05,  !X;"]W;W)K<VAE971S+W-H965T,C<N>&UL4$L! A0#%     @
MV%%I2Z=++1,+ P  MPL  !D              ( !_4X  'AL+W=O<FMS:&5E
M=',O<VAE970R."YX;6Q02P$"% ,4    " #846E+SWC*0TD"   G!P  &0
M            @ $_4@  >&PO=V]R:W-H965T<R]S:&5E=#(Y+GAM;%!+ 0(4
M Q0    ( -A1:4O.-.Q.Q <  *LN   9              "  ;]4  !X;"]W
M;W)K<VAE971S+W-H965T,S N>&UL4$L! A0#%     @ V%%I2Y@URP?4!
MGQH  !D              ( !NEP  'AL+W=O<FMS:&5E=',O<VAE970S,2YX
M;6Q02P$"% ,4    " #846E+S:(P=;L!  #3 P  &0              @ '%
M80  >&PO=V]R:W-H965T<R]S:&5E=#,R+GAM;%!+ 0(4 Q0    ( -A1:4NW
M4<!%)0(  &X&   9              "  ;=C  !X;"]W;W)K<VAE971S+W-H
M965T,S,N>&UL4$L! A0#%     @ V%%I2_:NN.D, @  D 4  !D
M     ( !$V8  'AL+W=O<FMS:&5E=',O<VAE970S-"YX;6Q02P$"% ,4
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M+GAM;%!+ 0(4 Q0    ( -A1:4OTP>L&[@$  $(%   9              "
M 49U  !X;"]W;W)K<VAE971S+W-H965T,SDN>&UL4$L! A0#%     @ V%%I
M2[$+%FT& @  \ 4  !D              ( !:W<  'AL+W=O<FMS:&5E=',O
M<VAE970T,"YX;6Q02P$"% ,4    " #846E+M] %E-D#   G$@  &0
M        @ &H>0  >&PO=V]R:W-H965T<R]S:&5E=#0Q+GAM;%!+ 0(4 Q0
M   ( -A1:4LN,_Q:HP,  ((0   9              "  ;A]  !X;"]W;W)K
M<VAE971S+W-H965T-#(N>&UL4$L! A0#%     @ V%%I2TSG!=B%-   HM4
M !0              ( !DH$  'AL+W-H87)E9%-T<FEN9W,N>&UL4$L! A0#
M%     @ V%%I2U$:&L!! @  _PH   T              ( !2;8  'AL+W-T
M>6QE<RYX;6Q02P$"% ,4    " #846E+Z@OAPIT#  #%&P  #P
M    @ &UN   >&PO=V]R:V)O;VLN>&UL4$L! A0#%     @ V%%I2^4A,.2P
M 0   QH  !H              ( !?[P  'AL+U]R96QS+W=O<FMB;V]K+GAM
M;"YR96QS4$L! A0#%     @ V%%I2S"4-,&O 0  0!H  !,
M ( !9[X  %M#;VYT96YT7U1Y<&5S72YX;6Q02P4&     #, ,P#7#0  1\
#

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>57
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/**
 * Rivet Software Inc.
 *
 * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved.
 * Version 2.4.0.3
 *
 */

var Show = {};
Show.LastAR = null,

Show.hideAR = function(){
	Show.LastAR.style.display = 'none';
};

Show.showAR = function ( link, id, win ){
	if( Show.LastAR ){
		Show.hideAR();
	}

	var ref = link;
	do {
		ref = ref.nextSibling;
	} while (ref && ref.nodeName != 'TABLE');

	if (!ref || ref.nodeName != 'TABLE') {
		var tmp = win ?
			win.document.getElementById(id) :
			document.getElementById(id);

		if( tmp ){
			ref = tmp.cloneNode(true);
			ref.id = '';
			link.parentNode.appendChild(ref);
		}
	}

	if( ref ){
		ref.style.display = 'block';
		Show.LastAR = ref;
	}
};

Show.toggleNext = function( link ){
	var ref = link;

	do{
		ref = ref.nextSibling;
	}while( ref.nodeName != 'DIV' );

	if( ref.style &&
		ref.style.display &&
		ref.style.display == 'none' ){
		ref.style.display = 'block';

		if( link.textContent ){
			link.textContent = link.textContent.replace( '+', '-' );
		}else{
			link.innerText = link.innerText.replace( '+', '-' );
		}
	}else{
		ref.style.display = 'none';

		if( link.textContent ){
			link.textContent = link.textContent.replace( '-', '+' );
		}else{
			link.innerText = link.innerText.replace( '-', '+' );
		}
	}
};
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>58
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>60
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='UTF-8'?>
<FilingSummary>
  <Version>3.8.0.1</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>92</ContextCount>
  <ElementCount>252</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>23</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>9</UnitCount>
  <MyReports>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>00000001 - Document - Document and Entity Information</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/DocumentAndEntityInformation</Role>
      <ShortName>Document and Entity Information</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R2.htm</HtmlFileName>
      <LongName>00000002 - Statement - Consolidated Balance Sheets</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/BalanceSheets</Role>
      <ShortName>Consolidated Balance Sheets</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>2</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R3.htm</HtmlFileName>
      <LongName>00000003 - Statement - Consolidated Balance Sheets (Parenthetical)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/BalanceSheetsParenthetical</Role>
      <ShortName>Consolidated Balance Sheets (Parenthetical)</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>3</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R4.htm</HtmlFileName>
      <LongName>00000004 - Statement - Consolidated Statements of Income</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/StatementsOfIncome</Role>
      <ShortName>Consolidated Statements of Income</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>4</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R5.htm</HtmlFileName>
      <LongName>00000005 - Statement - Consolidated Statements of Comprehensive Income (Unaudited)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/StatementsOfComprehensiveIncome</Role>
      <ShortName>Consolidated Statements of Comprehensive Income (Unaudited)</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>5</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R6.htm</HtmlFileName>
      <LongName>00000006 - Statement - Consolidated Statements of Cash Flows (Unaudited)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/StatementsOfCashFlows</Role>
      <ShortName>Consolidated Statements of Cash Flows (Unaudited)</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>6</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R7.htm</HtmlFileName>
      <LongName>00000007 - Disclosure - Description of Business and Basis of Presentation</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/DescriptionOfBusinessAndBasisOfPresentation</Role>
      <ShortName>Description of Business and Basis of Presentation</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>7</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R8.htm</HtmlFileName>
      <LongName>00000008 - Disclosure - Recently Issued Accounting Standards</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/RecentlyIssuedAccountingStandards</Role>
      <ShortName>Recently Issued Accounting Standards</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>8</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R9.htm</HtmlFileName>
      <LongName>00000009 - Disclosure - Business Segments</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/BusinessSegments</Role>
      <ShortName>Business Segments</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>9</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R10.htm</HtmlFileName>
      <LongName>00000010 - Disclosure - Related Party Transactions</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/RelatedPartyTransactions</Role>
      <ShortName>Related Party Transactions</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>10</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R11.htm</HtmlFileName>
      <LongName>00000011 - Disclosure - Long-Term Debt</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/Long-termDebt</Role>
      <ShortName>Long-Term Debt</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>11</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R12.htm</HtmlFileName>
      <LongName>00000012 - Disclosure - Earnings per Share</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/EarningsPerShare</Role>
      <ShortName>Earnings per Share</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>12</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R13.htm</HtmlFileName>
      <LongName>00000013 - Disclosure - Stock-Based Compensation Plans</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/Stock-basedCompensationPlans</Role>
      <ShortName>Stock-Based Compensation Plans</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>13</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R14.htm</HtmlFileName>
      <LongName>00000014 - Disclosure - Contingent liabilities</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/ContingentLiabilities</Role>
      <ShortName>Contingent liabilities</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>14</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R15.htm</HtmlFileName>
      <LongName>00000015 - Disclosure - Concentrations</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/Concentrations</Role>
      <ShortName>Concentrations</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>15</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R16.htm</HtmlFileName>
      <LongName>00000016 - Disclosure - Fair Value Measurements</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/FairValueMeasurements</Role>
      <ShortName>Fair Value Measurements</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>16</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R17.htm</HtmlFileName>
      <LongName>00000017 - Disclosure - Investment in Joint Ventures (Equity Method)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/InvestmentInJointVenturesEquityMethod</Role>
      <ShortName>Investment in Joint Ventures (Equity Method)</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>17</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R18.htm</HtmlFileName>
      <LongName>00000018 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC.</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.</Role>
      <ShortName>Consolidation of RiverFront Investment Partners I, LLC.</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>18</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R19.htm</HtmlFileName>
      <LongName>00000019 - Disclosure - Business Segments (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/BusinessSegmentsTables</Role>
      <ShortName>Business Segments (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://frpholdings.com/role/BusinessSegments</ParentRole>
      <Position>19</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R20.htm</HtmlFileName>
      <LongName>00000020 - Disclosure - Long-Term Debt (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/Long-termDebtTables</Role>
      <ShortName>Long-Term Debt (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://frpholdings.com/role/Long-termDebt</ParentRole>
      <Position>20</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R21.htm</HtmlFileName>
      <LongName>00000021 - Disclosure - Earnings per Share (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/EarningsPerShareTables</Role>
      <ShortName>Earnings per Share (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://frpholdings.com/role/EarningsPerShare</ParentRole>
      <Position>21</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R22.htm</HtmlFileName>
      <LongName>00000022 - Disclosure - Stock-Based Compensation Plans (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/Stock-basedCompensationPlansTables</Role>
      <ShortName>Stock-Based Compensation Plans (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://frpholdings.com/role/Stock-basedCompensationPlans</ParentRole>
      <Position>22</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R23.htm</HtmlFileName>
      <LongName>00000023 - Disclosure - Investment in Joint Ventures (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/InvestmentInJointVenturesTables</Role>
      <ShortName>Investment in Joint Ventures (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://frpholdings.com/role/InvestmentInJointVenturesEquityMethod</ParentRole>
      <Position>23</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R24.htm</HtmlFileName>
      <LongName>00000024 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC. (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.Tables</Role>
      <ShortName>Consolidation of RiverFront Investment Partners I, LLC. (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.</ParentRole>
      <Position>24</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R25.htm</HtmlFileName>
      <LongName>00000025 - Disclosure - Business Segments - Business segments (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/BusinessSegments-BusinessSegmentsDetails</Role>
      <ShortName>Business Segments - Business segments (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>25</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R26.htm</HtmlFileName>
      <LongName>00000026 - Disclosure - Long-term debt (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/Long-termDebtDetails</Role>
      <ShortName>Long-term debt (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>26</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R27.htm</HtmlFileName>
      <LongName>00000027 - Disclosure - Earnings per share (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/EarningsPerShareDetails</Role>
      <ShortName>Earnings per share (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>27</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R28.htm</HtmlFileName>
      <LongName>00000028 - Disclosure - Summary of Stock Activity (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/SummaryOfStockActivityDetails</Role>
      <ShortName>Summary of Stock Activity (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>28</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R29.htm</HtmlFileName>
      <LongName>00000029 - Disclosure - Stock Compensation Expense (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/StockCompensationExpenseDetails</Role>
      <ShortName>Stock Compensation Expense (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>29</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R30.htm</HtmlFileName>
      <LongName>00000030 - Disclosure - Investments in Joint Ventures (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/InvestmentsInJointVenturesDetails</Role>
      <ShortName>Investments in Joint Ventures (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>30</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R31.htm</HtmlFileName>
      <LongName>00000031 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC. - RiverFront remeasurement balance sheet (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.-RiverfrontRemeasurementBalanceSheetDetails</Role>
      <ShortName>Consolidation of RiverFront Investment Partners I, LLC. - RiverFront remeasurement balance sheet (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>31</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R32.htm</HtmlFileName>
      <LongName>00000032 - Disclosure - Recently Issued Accounting Standards (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/RecentlyIssuedAccountingStandardsDetailsNarrative</Role>
      <ShortName>Recently Issued Accounting Standards (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>32</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R33.htm</HtmlFileName>
      <LongName>00000033 - Disclosure - Business Segments (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/BusinessSegmentsDetailsNarrative</Role>
      <ShortName>Business Segments (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://frpholdings.com/role/BusinessSegmentsTables</ParentRole>
      <Position>33</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R34.htm</HtmlFileName>
      <LongName>00000034 - Disclosure - Related Party Transactions (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/RelatedPartyTransactionsDetailsNarrative</Role>
      <ShortName>Related Party Transactions (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://frpholdings.com/role/RelatedPartyTransactions</ParentRole>
      <Position>34</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R35.htm</HtmlFileName>
      <LongName>00000035 - Disclosure - Long-Term debt (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/Long-termDebtDetailsNarrative</Role>
      <ShortName>Long-Term debt (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>35</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R36.htm</HtmlFileName>
      <LongName>00000036 - Disclosure - Earnings per Share (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/EarningsPerShareDetailsNarrative</Role>
      <ShortName>Earnings per Share (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://frpholdings.com/role/EarningsPerShareTables</ParentRole>
      <Position>36</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R37.htm</HtmlFileName>
      <LongName>00000037 - Disclosure - Stock-Based Compensation Plans (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/Stock-basedCompensationPlansDetailsNarrative</Role>
      <ShortName>Stock-Based Compensation Plans (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://frpholdings.com/role/Stock-basedCompensationPlansTables</ParentRole>
      <Position>37</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R38.htm</HtmlFileName>
      <LongName>00000038 - Disclosure - Contingent Liabilities (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/ContingentLiabilitiesDetailsNarrative</Role>
      <ShortName>Contingent Liabilities (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>38</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R39.htm</HtmlFileName>
      <LongName>00000039 - Disclosure - Concentrations (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/ConcentrationsDetailsNarrative</Role>
      <ShortName>Concentrations (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://frpholdings.com/role/Concentrations</ParentRole>
      <Position>39</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R40.htm</HtmlFileName>
      <LongName>00000040 - Disclosure - Fair Value Measurements (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/FairValueMeasurementsDetailsNarrative</Role>
      <ShortName>Fair Value Measurements (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://frpholdings.com/role/FairValueMeasurements</ParentRole>
      <Position>40</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R41.htm</HtmlFileName>
      <LongName>00000041 - Disclosure - Investments in Joint Ventures (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/InvestmentsInJointVenturesDetailsNarrative</Role>
      <ShortName>Investments in Joint Ventures (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>41</Position>
    </Report>
    <Report instance="frph-20170930.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R42.htm</HtmlFileName>
      <LongName>00000042 - Disclosure - Consolidation of RiverFront Investment Partners I, LLC. (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.DetailsNarrative</Role>
      <ShortName>Consolidation of RiverFront Investment Partners I, LLC. (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://frpholdings.com/role/ConsolidationOfRiverfrontInvestmentPartnersILlc.Tables</ParentRole>
      <Position>42</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File>frph-20170930.xml</File>
    <File>frph-20170930.xsd</File>
    <File>frph-20170930_cal.xml</File>
    <File>frph-20170930_def.xml</File>
    <File>frph-20170930_lab.xml</File>
    <File>frph-20170930_pre.xml</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy>http://xbrl.sec.gov/dei/2014-01-31</BaseTaxonomy>
    <BaseTaxonomy>http://fasb.org/us-gaap/2017-01-31</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>true</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>62
<FILENAME>0000844059-17-000012-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0000844059-17-000012-xbrl.zip
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M/7(V_:?G6. T5W04?-A?>NBE87HB)^Z][7LN[P^!/7(LFXU19:HTR_2[IZL
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MTV .R?*BB4-;,%4]N5O<@RF:8!&D[B*IQ_)P6-;?%Y3N J5U11Z6#NT$J;M
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M]5]EWZ0K+[BC6NXP:K_.1'!'9[E#DXW"N37!'Z?$'WJ_:!ZO)?Q1LT-T2IW
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M850C8%NMSRUJ5K E/*D0"R(P4<::RBNF,*!FA#8W4?T<]>]M'U3/-^JZ- A
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M\72"-'*+PGC'+S4B@6WRQ(GMH"5C%CN= 8-Z3&KC1*M=9F3<B +N98_QWWG
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M<G,S7I 7WZ &^* _%H"I]/;V8*F)DOM]&2)ZG*8,!-XAQ\RR30+G#L2G2&>
MT!_4-^V 7UHZGU,++XASV+U_H->P0&_E"5<RHSE3B_=<X>%MC<1Q^ US *2F
MO,!W->,%J&!^#;%KI7>QLGOIE]<\;5C=O_ ^V*?XBH&(+R1/9 #;CE%NA?#N
M^43UL\O_8/'47H3\[GC^,EY^:E)J<3R$Y <\;$54EO@EN?(2Y9Q_XSMAW8@9
MG@RCQ_/<$R YHB6Y-G :A:!3>3<T=CD@R*@Q&,MCO#<MW'";V@E?BY?596 -
M\;8X+N_,Y;[X:LX\)Z8MWC//V1N];8=I'Q!B&Z^@!2Y:WD6?:HE5H6"71Z\)
M,KH$&Z6B)[U#3N5:!Z\%Y;-3*R-R[%9I E2>)Z-R5@>0LKS,KM7-/,54HXN2
M>6];*!:/-G4LO)(,;[Z#<>\]E"QVB^*$A@_H,.!-T A??_ "5)<=?+^8@I<4
MB][*M=-3J:>_P'7U>]J+1*7P<4'-L ?T'KN)? C_,!USXNRW2@=$T+^I[Z57
M<G-3$U\K#3H=KR .5_2/Y0$\>$,QWI3*;I=-AN1,A38:Z W6*6#79KJLOQ .
MZ6UX!3CO*2-P2@<)O^,EJ,GML=E*:8;/D:8.WX ] M/C^9BL91S@VY3=MXK7
MB9/DVG2\%_0>+\9.KRA=918[MD*<B7?Q7>8"<S;.'[VO\))/";B7C_R"7I2D
M] ;LU;=CA*X8@?B"=G:M/!L UD.3K\/XKL GO!UFK'7L?G#@5Y_,NO7KH'L3
MO'YZ:8_Y:TRHV1WUL16)9^'ZX)$C+]4>IRM1EP$R^KWM10'KG\5"# KJ[=L,
MF#2(+_<%YK@BWX$5;V[0$X-1DJ!KAO>Z>X'-_9A NG[WF1$B-<H3#U0WC\5B
MSP8)]Y'XH*XA!.8&%3Q9-/W>G6LGH1L.[*W=ZY[<,[YZX$#F!HC-@TZE=Q\[
M''CS;7RE<GPE]4<_7L@_5@:7WM]^675?Y/CV:N[?61*$J!9YY-RSZ@DAO]LN
MR8+-^8K?*OQM%8X4@!797P<ED0BFNIC]83Z3A9<T8]CMI;YLL+#="S")4GH'
M]!<"?K(7\KN@\<)C-+_@L)H<Q V&%F7&#2B_!=Q@]\_V&!@^M>>3R \RH_+[
MK?$F82_@-X'S8(-A N0W9H284$'V?N5J,1%D;VO>@0Z^^#1JV+KPOLK6?;J*
M(.O9<<:)I2AE=RZ"V]$(U@>C/]3]V,6)\%@-_DG#C/CPT,K=KAVYP75'ZG;S
M)FME^QEU#;_AQLIB4Q6Z^.UB2B#4?GR=(WM>^L[8VC$V:!G&\M\R6U$%YL:B
M@_:)2%,WO6Z;OX%K. MP29D[<P^#X>?EK($K*QO"L)#!<C>E=4,&][CE52 V
M)V*+;KFW%;''Q)%[($AK'X**<E8UNGS_(L[D>D.C^/6&1:Q=)F'"DW=%KWJ(
MX=Q^I5IA*Y3SQKAR"R]:^!D#-:[D@K,"<.I%.X'7=M]>\Q0N/F+SY"EZMKQC
MY(D=A-!;E&\8GKU]<<>X#5-0+=QKO[M7,[8'Z^.];XX]W#&*?6Y%*8"22]>-
MB)-NL61+8@KB2MS%D:\06"EPO&6DJ5IV!:MK:0=M!-T%W6NF>_LO#2F@<?O]
MLCU<F[[*I=OH5CMU3<L1G9^JXDAEC;%U,V?MZ@RZ:SR:U1J>:-WAR3K#]",2
M_NZ<S2M 4&-424?]AD]/=A_MBC@3>2H07$I!-(<W'MGYBQD>2@NP/FR]H#,I
M[[.#I-P:2Z6IXSVL%HEAM;U)T?=D9_>PP'1YDH_,O<@-=Q22'1[?K2IEV]^M
MK6$3M!T]Y#;M/M;5-N1?%#5J_AJM@J#50 >QVLI66W&<V2'4?&+G\0IZ !T2
MZTN@'KG+?8E9M_E<+%;(-+S\>7J\\OPN/CAV&CQ^2^?$QC84I['<W]B)Q;<D
M;(54EUD)OAPQ68S/-R+<4;J"(I1<HKW,AEV9Q;".)46+R.HMU]0.CI0OOFV6
MT4)-E;,>"C_?\,#Q^:,?O!1(VHJD]]AMX4_LMG"N*,H_=N"J(WKO<^:@* D;
M=D-V#G,\G?5/!ETU.#.G@KH.#5,*756P2$=4ZZ:*I=^)&V$Z7^4-&W+JVYKI
M5F:1FCZ0]5'>&IZ\"ZF2W\NLKF@519.(-WJYK[_>1SJ;)54M*!KT\I8<"+ZL
MCB_E?C]WF^Q<_-9A=;_ITV^\/5/W53]>ZR@4?^-HUX>]RM%>I^(_U',GS"+#
MW#75IZB /V;Z>'5?"U=S1$((7W7Z6>EI5?N=0C\?%8N<JWKN7A$-;M5V/IF=
MUP(D>])U.>'U'_G)SVJCOCS0B]Y;U#R'"1U2//^CYCTB(\S,OC+9/ NU27<,
M1[D/80DS5?.>:]OE[&#R?80ZZS XZHCT;'+HGMXMTJBC48OV58V!K*MY/3<1
MG57I68WRGI)O@Y8Z (J,GDC\-Z\09&-\DHG==YD[N$2-6H>':0.Z1(U:J]?9
M!G2UL$9MCVX5K?&Q#TOP4A97[<O*25WZ?H)NE:;W\J>YZB5"C@,5S9&[G2+9
M[Q55.T(<.R6.JJSD3GK4*3 =B8W^I 'V>K$BO\"AT]9[8!WR-(\(72(T:O4Z
MVX"N%H9&3<9 +HPLS;WF+H@3<G#4Z!(:M]7K; .Z6JAQ13+J('F*@3S2QR+X
M;8%,BBS042#ZX,@]TA2.II4I&ZPU@;,#0<D=7MI@\:,PE>.7A_N_.AJ5>/<@
M$*M%WJWZN358C!++J&$5%=*V!(%*O*KK)1#:'^__<K^N5S>H@Y-L:OYM1B5R
M=^?3.Q)2R79#WW8#VY3NL:F5Y$T9(#13<6.[%^&,@LYUZ:.4-!I_(('T$Q[U
MUV1%45@C\?"9@;--RW<,JLN*/L1!&2 3$E!+\EPV.JSS.PTET_$"'&.!#=UP
MX)_Z1D\S\*EE6*"->5@@.30(I'@]E+\3] Z%_':0/W)]:GIWKOUOBA9XOJ!N
MP$[#PA]!R$!!<L54N>/]"J30D][??I'H?.%XCQ0 FD2AY'JA] @TN>?;$$!
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M8WX$O_\6O#Z "V3H(WED3(-0Q7PJ,9Y@0-S<)/;[F74R XS+1*_?1Z>3 '?
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MI$T#_1V7KO&]*^[=,BSYE$R!IMQ )[NZ3'W$E&"09*D18RHMP[!9YH59\3E
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MZ/FRW!L5^!'X:3-^3M XG$J+6;'.E@ HUMG^=3:H!\M8AJW';=ID1P6CM@1
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MT-8-^Y]*ZD:V3/HSS.&0BSUW&+L+:YPNRI1S8-L(M2.1,Z5N3>T!AY9'M(G
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M_?K2 3:ZGNG83PY)%/KL:/85]G377%1H''!CNI[_A&T;>QZ.1>Z3*(<%AA!
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M56Y<^GXKX^Y0N*MP"DNR/UCN"B-.Y,MNW+(LW11.I;)T$X>V2+,-%+DK-3G
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MKC B8UT_6'<$RU;B>.6(FP7T?W$*8MF0HD?EPCO-U2SN0E#?(74CX0&;\^?
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M$T2XWI^YP$@!DXCMBDEFE-]F459"_ T@*REF4^$^HW=82 7!&?V%$2J_P$<
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M\O!Z.<NS'&'_T/&O>82/_P=02P,$%     @ V%%I2[J?73E&$   &L4  !4
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M!E2<WE"L5^4;.00[00$?MH5B@\Y=Z1Q1%;2RL>OQA^JP3&R&[:GSI%@%1N,
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M 39,0#P%*1N70PTY!:\]S9:U<#HBDB"^8/'.B6@"(PO$Q<:N(U]9T9413ZV
MWB6HZ[EX\0?O&W+JFJU\>.W7\D/CJE43'JZ#NL%TS=7AG47O$(%BOSR>W2\H
M0X;SK>K6KB<7#%;2B>B=/=8NE5XCJ=N?7FW:YI+<FKW<RI\_KLU_CY"T[DR4
M*/^M._LNV#3FXCI:UQH@OX*WI6[\]38IA[@4RM[KJB2NH[71=&81/+5381^2
MN)@T7'E;"KS>6D9"U[';UF:6&O#.<IM#+7?PV6@N=6O74[RV-M+)ZIUA)H@N
M<8"^0 (?9$U@.(17U][U]E1;X^CE]<X\ MWU- 6MO?JJV,[UUE);<ZCE\\X,
M:W$V"S06I4&^L3?U7%4"]4#<\WE&>WGJ7=&[:Y8VLEQR>5>;K!<<>2I"3-@I
MFL84K0_?(W;.?V$)#NK=<2>F3I6QFM3EA:E<*"U..*KD5+=WW?-:,&KE[@6=
M9KP+GAE<8]E7:>@ZR'1G.G-9Z%4HRK\ S.H&.$MRU\.N+@S<0&_>==7/$!.!
M_9J("7CQ@E!YXYWV;+B.QO60K7W[FC6T2[W4W?BH?4WH*C#?_#I[@<I9/+O'
M1,H[2=#\).#]D\E-DMFB\RH\CXG\BB)4>/V-,'Y]1VCU(:X'<.W[2P<V\,[/
M>#28XD0_/,RW<5V;5O%JT]EV;N";D=98TR+L%!$TU5V94$O@NCZU-%^MJ/Z5
MG5]18C/%4FKFNALI49<WZ%5MY6?'$!!WVYW9E(_K;F1CONUT8^A@O>]$RV_@
M4FP\7\,N[.9Z8[^;J\ SW=L%7GTC<!%R"X0_.]SGI1#7? Q!2^3V2%H=KG9W
MX;?^(->AVL(-JF?@NM"U=]%?(V=G/O1CY(=6?>;_)GU ]G@9Q4\U+R![VR!I
M<$Y LO(D58C;I3DF7K$M,=?/Z<LWAL(QN>2C5A)PC:2O8M;.BC7AX71?QAR^
MI!:UNU6QGL)U:&]NMLK*IUX9_@V7;E*\ES'EX!<T>(0,R=+.?-;9AM9UY-W9
MI/8*\L^X%\\!8HRGC'34+F9@Y!M^3\NORVT4F79DZWK)9F>7:$6MWE5O7!\!
M0J&<IA,O.A=GA*ZG4B[VC6=YL4C,.P(O1\2Q+*6X\J7+ZY)6=H[KN9SCTTYF
M=OE8U^M'N\>?/LSBG3,6$JF8]#=?2ZLA<;UTUFY=H5*'?[DG[[>6%M20N%[,
M:K4;VUK0_;W\%O*>8Q:L%G50N%G3T8SE=V/K^KK,G1VA%;5ZYRQY]\X'*]MK
MTVSI75_,V6H<,"O*/SNO 8MA;5:/&';\:XE<7^K9V@!1HQ*_L_.FJK2;O[&A
M=7YS:$=U]P_Q3@WUZV1N$,5B#V% Q7'J<[3Z7Y^H[;FX7?%7F7J]NVR'R58E
M#]>SE-N8M^3<S57FYQF.[E3Q(\W<U(BPVBZ\6P=0\G ]@=>=U34J\^Q&H'/$
M HKE+ XO'M.-D5PIIY!A)C85(R9.^!8.S1>6U]Z! 1"#C"@6^R+%'QN.8DTM
MXPD@$5<&<:[BTR+?+F\*$F^>)$GT(G(O"M,7OLCI*PX(TK!FU?!]6:R,#U@Q
M AM.(,>J2TDR34[00W'O?@'XAS+PM0$V=-WJ6]XH*6Z!>[FCD# 8%(><>;2C
M857-DAQ(>E!DT"5L49 -DG)%5L Z*F.5-*** \5BM0M\V?6K/#K)R5DUQ,,R
MQ(P,\(P,4L)N[^6*@^^#>^7,L1KR41GRBH6<? 9Y'B!ETB7\]=MD$M4U=P7<
MK\NX-[0@4KVDL".\(BJ59W4*0-\H@!:(N@1X"3&5]W5_V>R;K\'YMHQ3T ))
M#(K470+>G(T:D]]B3)+?^:_\T2Q_@$HM0"43;G@!3(#D!C)VX-6*(5AQ[/BZ
MO,V>%YGG;_$245X."2$SB-FUG>.K*-A7"UC)B06V(JU+QI>"<5[XC#48_P-<
M79WM]YLF[^1;I]42F9,E>+6B[]A A?2C07Q829C%)-03W'(VTB&NI,UJ3NH)
MM2XYZ22H9%5]BNI)FMI(I1.EDFWU,:H709H&)YU\JJR\38CJ2?1RK!J4/S@7
MM^]'-<)6,GLU>N4^8^N(EC+M,Z1IY:AD_C4I"&5,ZP=P.:AI,5>2?2&JL554
MZP?W1,QVT)?KJ0Q+Z8S#BQ9])9.G/$0'D5Q QJ8W(<13\[$T/2>F%:.2OE?8
M"R$YY=.7'+FS]:6PK)/DJ)+6<WQ4@;D?89I&YL&F1>&D;/[:::T:*K7"MN%[
MD&](\UC ?7IM-1-H^M*D<18JA?$54C$N6ZK']T>52L1F5FHM(UAS[SFMV0E7
MJ4T4Q7C?DM3-9ME)5*E&ZF>W^A=-E9\-\E0*CLW@HY"H>Y.A)F4;Q*C4&ZH1
M2=^BZ 8G=F)52A+3,*5O$96S:W:RJ:8>LMFV'#,G,N4FT^R$J90M12;]"Z&<
MI;.2Y76E<*F9M>M?*&,E9I"L4HO8E61]>EZCXLQ.ZDJ%L?4 NDX?Z1*G^"&B
M'?_D?U!+ P04    " #846E+L>B%9J <  #ANP$ %0   &9R<&@M,C Q-S Y
M,S!?9&5F+GAM;.U=6V_C.I)^7V#_@S:#!<X XTZ<]'U.[\"Y]>0@-SCI/CO[
M8C 2DP@MBSZ4G([GUR])2;8DJTA*D40ZQ_W026RR]%5]%"_%*O+7?SQ/ ^<)
MT\@GX9>=X9N]'0>'+O'\\.'+SK>;P>CFZ.QLQXEB%'HH("'^LA.2G7_\SW_^
MA\/^_?I?@X%SZN/ ^^P<$W=P%MZ3OSN7:(H_.U]QB"F*"?V[\QT%<_X).?4#
M3)TC,IT%.,;LB^3!GYVW;_;WD#,8:,C]CD./T&_CLZ7<QSB>?=[=_?GSYYN0
M/*&?A/Z(WKA$3]P-F5,7+V7=T]GC<.^/",^&']X\WS/PQRAFG^_O#3_\]_[Q
M<,C^V_MXN[_W>7CP>6_O_S0?$J-X'BT?LO?\<6_O_1[[EU3_-?##'Y_Y?W<H
MP@ZC)(P^/T?^EYV<:C\/WA#ZL+N_MS?<_=^+\QOW$4_1P \Y-2[>R6IQ*57U
MAI\^?=H5WV9%UTH^W]$@>\;!;@9G*9E]Z\7+"OG"[W:3+_-%?8GH'.C(_QP)
M3<Z)BV+1")6('+ $_VN0%1OPCP;#_<'!\,USY.UD/ EC4Q+@,;YW^$_6EI9/
MY?R3@#=_WH2FN_S[74;G?(K#>!1Z)V'LQPO.+9T*O$P'(?"1XOLO.[SZ@+>5
MO4\'>_RI?]&I&R]F[+V*?/Y:[#B[S8$>HH#;]>81XSA2(:LLW V4:T29"1YQ
M[+LHJ(6KLF9K(/E[B3D[T=7]&>OVIE@%#J[1"2C>55+\B,/(?\+U$4JJ=P,7
M18^G ?FI;'O22JU!.\:12_T9?]6N[@_GD1_B*&(OXB&*?/;@:XHC!D'O-:XO
MJC4UQMAELH/%613-L3=R73)G/4GX<",&9>HIK:TMH+VW/[70#7X0+"O?>:!\
MBS8,6(OS6'<2+VXI"B/D<JXT3">OUQK <Q(^#&),I\?X+E:AJBS<&I031$/^
MR36F-X^L_U6A@<JWV,40]\> C^D>[]%8=R9>M&LV3FCT-.JZK0$](N*]8BWX
MW$=W?N#'/E8BE%9J$QKO!"C2:O;5I5L#<XI\*N;"%QA%<XJU^@AII=:@G85/
M.(JY[+/P-^*',5MOQ.QIT<D?<S9[N\#Q(_%44&L):9/BB 2^AY)1:LS&?'I/
M"0>1P>']&%N616?G@?M&HQ$TDM?9*'*+[@+U^R2OU4V'K8=,4J6SSEL/F;Q6
M+QVY'E!]"=WW"'J(-:L;ZP7TM'B9U,YZA$'Y@V,<(S^HW4>HY'33:VB"E=7I
MK-_0Q*:HUE[/,9].$5U<W8L.8,0FX4]L(-4$J56YW4XNWSF=//-?=2VJ6;V#
M[BTJ=5":@+4%&.OB!JL28S9M7,X>\YXF365[>'1_?H/TP9>(\HG^DW*AUUA@
M9_U_70UTZW?N=ZAO^GIR.AVPM%%K5>YZ"--&JUN_E^EP7?!-9'7K]ZBK02TA
M'?E%&F#6J-VMWZ0NYEI"^IMF:..O+\G8Q*-!<VI%ODQA1-U,YZK">8# /FNV
MW<LW6-\)W(],!'7G=WC@^5.^V\1W0=('Y8VZE,)(VV5%=],RNY4"NL>]?-C
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MV\0&UVMN_S6*J4]B<4Z1."M.F8TFJ6'J$,B7OME$7[O6%[+0#@*?NU_-EDL
M:/^@5,SND\$JT4(6-9P3RQ>!:ZNQ$5LHA0])5[)8%;E.ELJCGXCRN\/\I*6Q
M-:E/)$$KK3W"7M([T=3.J9U0X%"MXV%91_'?=QSQB*WD/&!%DVGG(9O1:%K4
M%>RY-[/99$>\BF^C?&C@5U97LK_?U1-?;X/241R<KYEO74TZWF20CDZ>V>K?
MC[BV9R&;&+%)N2MR"*HVH5[:V2N?N1DMK#O5H39F-L:H\6N5*IU+0RDJW4$7
MIGKD9K2PSC2'&IC9!#VAT#7U93&'JS*;0>$**F1SLW%3)]-90!88WV#ZY'.'
M256SNT7/ASADIHU/F372S@NS<7*US)/=--G6(ZQGO%U-H09C-DM/2\=+(NYH
MQ,D4/;HE,0KRW_,DB$L2_PO'8^R2AU">]-'9(U]'@VJL.=3 6@XTZTR)Q%7
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MT"C9P%?X?UWR():QK6^.%79\SM#1QXP**S9,.)#30],VCH"5U'@)_'>=^TC
M$@?QY6&6'D=*,F>P,2A9H41!@P,4>L7:&!"4U<DBCC7$71C3^\4EHWS*=>/Y
M811F.\.L7T_N<I[>I71]9JVCG1P\E@I*@022(YB#6>M?:12E-QY;)OJP(=,X
MBQDZ]:J T2:8O,--6K5[69 104<NO/CC&?GPU>RK(_7T3<C2[)G&D/A #3M3
M:CIG/6Y2L^IU%1&.GC=HUNY]04HJ6H$ -TL/JR.X;IZIEB/=AW)=##BP8JEE
MUV+E: =V*?6_6B8O;P(:PE3C6_@'@.O;V@R#_^F7.[KTHNLX4T\JE!0NH&-0
M#8"B^'ER6.AUDB<(G(KD9,>=(3QE?TE6L6%5T2)P%A64BE4AH/'KY!VK5:G=
MKT\9$41DGT5&_O(S*?]\K..K2_X_CQ02SRR/K\P,[HZO;!3?'U^9J'%@Q$9%
MZ?CJDG FDG,=\Y2SKI$A("C)G$'"H&0%! 4-CN[7*];N=$%)2M)C96P]/AAR
MM/8_NLO*:BNTS\,J?\'1D6UUI%RKQX<C]=G/V\CW#)O)S=^=]9Q*K:KSZC_B
MZ#^%1NTNS$F.F7]T QDL'2E'#1JW648*]9J)134"'+VJT4J9/B3(2!*3;$7)
M+/;\),U"#\E^;A(O,\K65W2>=20_JDF=[N,:E&WLX2KH)H>-A7+2THR3G@,M
M >*S,9,51[K(YM/88V%RDS#J>ZDZPG01.[VZ9E2X<6=-28D&14;UNO8'YU[\
MD?\GQ]5=<K1QYRKQ/W[WO=VQM)[6V3C4I6XU'ND()X>&C792;A,G)]]]WSA9
M)M&Q07%]\9LN+-1('$- 4J[5\]7OF#J\K92NGSD=N0EC+_;#>'FD/O[1"^,D
M?J1KZD$F'FPLZWO;0.RLWSL5KA"@I<2!A2[UVJ@ >IB7LCK'\3Q_"^)G<9#O
M-4/%&+86:7*S.0\^GI]I\&W!YS)&6)M1#QR=3#@0U$-318@1K'R%$Y3'"37N
M*8Z3<BT>Z3($S>,,DB 4YR1J,E<'2R8ER],E%<WD@.E03+IYE4-B3RMR4J:#
MQ:6XM1K=Q@%]_4^ZTQHGT;D%AD;-)C):1(B@H=9,@XV"F AJPLFG0$<9QV"Q
MK3"K^;,K+*B4*B%0_PU%SRL4T@X60#-E+U=EOZ#PG<&6%IWK?E>JV09 @P@5
M$E2::2&1$_,I1""J$4Z!CAE7) !E;B)OJ;"K];LK-"C5*E'0^!%%[ZLTDE*0
M2AH"1%/T]>66,= Q3'TO^B_J,7TPT).Z0D"7LB48='0H<-&AG%1A)"<G.3T!
MADF#0SY9@8S;_XR33_$37SHG,0U$*8+V'H<%O=OI9(?:S6FEAA@%B&PT;"/I
M-BT7IAX!SO./P$I*7I(S_VDZ4/V<1-LX\]A.E Y6Y3]JZ-R"2*-F$SPM(D2@
M46MF DO%003+A @I@N$CA3NF8;S,:RWKEU\:<L=K6*/2K:6LDA81>HP*:D'T
MJY14'$6!;%)(FA!- LV7?!Q=)DR_ ]*B<HL=I8I-R#1($"%%I9=FYZ,H%5_0
M3@>(A^T\"OV;*/':F_$:&K=@4*C7A$*- !$09*TT,,@)B:"<<(Q)UNLD?LH2
M_^/3RN/-<;_-Q),(/';IPZ*1R?%X8V% :]0Q<" "DH6:NJU5P4D$ZQG)F4F-
M>\H]N'QAEV_[W/"_J:8S!EK7>W%:==O[<1(A"B1U::?=ERO6W\7VG&"9'C6P
M&V"'F1KE-(B15%7CI2)#B):V;EU8$7LUHR-EA,+[]XLB"X9[0)*&AB2$?JR3
ME.&W,$99C=_ -SGV!B@K7X K6$FR(!4S*;G)WTI^),FTXC9NV@'#-I%+P*D5
MK$.K28$&1$JUE)>ATQ]P8 '*_VB,R7]RFG9?4Z:19L__CJ:/:\JH:BGAZ-:+
M;9C7D)W%P>UZPY(7$:#2'UF2ZJY==/"X!(*5^G6$&!G00,=&2_GAEX)'%.8*
M:UPXD%9/Z+Z-'UBRY*UFQ)F1P_&S"EVJMYY5T)&C05BWCE(]29;\G?I92K:B
M?),_8N6W<0 &=\2O4YABW<8O-,U$FD=>:6 WRRZ35#>#L6%T"3=[0^JHZ^9R
M"KZL]G[>P%8W%J$+*Z:4_YMLJI(2)P!&GZ])MQ&\?7=%-XSR10!XT9!VTDE"
M U>SJ=;X58M!$TV'ZR[7ODGY +YG(4&-1XSL_ \1/8VH^X$.";F""PN :R;8
M@I6SG$ZDW2O;1B+_Y12#;'J?K;07?DT,4R.NJ7@7V')JU &PH:)4AH S$"HX
MR(I& 5DDK :W,^)E!*H28 /:G[FN7-74B]KIF!VTT\!+H:X:635"A*"2M;/"
M$] C0U+-/6[CV6(11GQHI^G3=IZ&0>@Q>%DS31-?_)6O_AM%DS3M=*!,M^^3
MC&!^\]F1 P2B0?H85DB)7LVQ^^^BIM8+':>FUA''[SXC#()1VWK QC\GU"$)
M9H*L%E]KLT(<.+KTTA7W"O@?>$WOA8=]>"0[NX3GKL)X^;,7;77#M26OT^W&
M/N8T-AYM&-$$O3[:2C<P.)-8#?OP#[IGQP'(ZY1W]B>^W(>378WY+1JGSW.J
MU&N\P5DG0 ,8E59*8(@)(!_SJ&#  8F9[R=;#M!'ZE,.UGE$>5@M\JUUA\1&
M%J?G[!;*-T[=#?1HX&2AI'0B7[#PX;#D.2,Q1;.V@#?IGKW7O47:^::"TOT[
MA4I5Y4<%&V1HX*/732IV1@,*101@O"IG4,!+,N^5UK&$ T97=$&Y$P2/XDY)
MJ5NJW\PU,;@$5;?B=6SIJ=% K%/%-M)^BF&>'OZ3!H3AF0V59L"9GFYYUZ*9
M C8-]51($03HP%'72LI^+6C$!A@2-(A=X3RU36-9@\(E$A2JU7%0^QD-"F2=
MVA@0%,03)#@08.S\*?I=W^43]';GUHVQM_/D"$R]?1=Z<W@2#O8PS9G$2DJW
MK_)I56T^R">1H8D'>MVD3(,])984X]H[@EKSZB13O=BH!L7^=T1HD)2281#S
M-4BR(+Z@(AMOAV<I\D3]+8.\F7G'5HF*T.G-%ZVBC7LN$A4:I&A5D^ZPY(0D
M3C*.FP(M9\0O2N*(@@)8<I,*7:%H_7-1W]YL?I-R @"I5%4@J$Z&#4(*W2PQ
M%$'N&TH@E?M^#[FJLSC@?V%;;NQ^$"W<AO_V@7>WU<9N?W%3;/H.-5JU(=Q7
M%AIP'VB =B.Y +_8&_1RB23:BT0#?U#L.GX)61*+A^.CNR1-+Y,8JL?0V-];
MKV^_'B(<P[RW<2UH6_-C@G-?I>4R#C5>4; ]*+*42_R.6C7F@"MN7OSQ_H6R
M@'D+[;9#F\CI)3:E@HU;:PT*-"A2JB7=2X.G79*2"@<DGN'@I0CE/<;M;C:7
ML+$UH@ZD+AXTT+)4M.=1&ZK%[?YTYX7&VOPDB6J:$[6&BNIC-$&"!D!JO;0'
M)"PGPX4,[@2UZ65G>.IFFP([74:HP*3C08>N#D6U<*M')5R8NTS6&QJG8B97
MFK8SS^WM6*<YTNTV1GW2J^=#AT$+90WGPGO>8SVS5'SKCGHIO>6+A7@9YKE6
M+;LZJ=T]J=2I\OXA)2WIY#BQTT\+C0@X>* J61 ENHG]0P[R(A6T KUI8U))
M[GR'UZ"TM,VKH)T<4Y8*2J?2-(;GE=*""^XP QN2H:\V@G>?JDYV(MUQ$HTK
M1T%63)VH@&ZK$ZJ2AOG=%KB;4-\.TYAJY'!;I:93]6:5&BTYFC#3K:.4_[_G
MR.^'U'G(EQ^2C)+?_1H'UD3IVU42!92E< ,&WC;THRT4<7K(3[]F6<;"^3:#
M38OG!)87W!S>:ER5)1_,*6_OK+-*Y+@?<5M/\A@-U*P\.>87T/C-4<R2#@"$
M8"2Y0[4ZU.+>F+Y N!6'Z[C=H7H[;FO(T>"O6T=5W$YBDN;5P/_G5^_>DHW'
MR MP_YY\_9NSMV_?PO\G:5XHW-MFJX1!IOL9>0>_?'?V[K??B9#__=GW[[X]
M>_N;;TO:$![1"<1OR5Z1,\)_VU _"U]HA.2H:A8$HA*L%SUX87 ;7WJ;D$^3
M:LVI.\^S8'1ZJ&IM2.,HM9,+#<*M594O* I"<3WQU8>,EV2QASH.&#[2S MC
M&EQ[+(:*DC_%W@9J_S"H/Z"K MO%Y/:FOHT!S2O[)@XTL+-24ZZ-DC,16G#A
M0%FM,)JXHP#[F(RN:)SRB)S?KH.4A \TNU\\>Z_Z3(9^4ASGE@PQL95>TD<$
M&J0.TUN1)U55PDO$11:_+J<X1\&T-2G-O*VGZ%.OK>S61[CVF;3ZJ;>;Q(2P
M(/^5*!N!)4GIP6-9S+4JI@<VRS--DPR2Y!)Y!YA:A^8 ,6B"XW#=I=H\#6(X
MKA'4Y/WC PY@C[,5<=1]CJD#[R$-,OYF%O8 ?X!-ZD'A&M$P4+^^%P?6DXEN
MMJFN49J,T-VI5/'@0J6EMIUG7GF>(MI)26TW@X]8]TR\7Q2(';T'RL23?=T;
M@'K.B399NTS1;+;JV-!,*NQU-6^^(MN,DEZ8G%5;O]T-(7-,!#J=ZAJPM<DQ
M@DRCHQE<TO8]4I#=BC,#VT8HJ2<%5U-E([!R4KR@:NAG!2CU&0\.<.6[7=7C
M?QT']EIJ]_79M"K+-=HD4C3@,NLG5TT6B=G[EQJQO<E8W&?HJJ4BD[D]?U$K
MV3QQ:=*@ 8Q&,?E4)2=#D@!QOZ',@U0GD>F;ME O_FB^:-1'@-.B7+T-:]3L
MLN9&@[_>*LO(+*[D(KK25&C\/HSA?MZ3%VGS*964$P0OE:J*^%4G0P,AO6YM
MK' 2V#=^3'9>E.W$_ E1Y<@\;_R1ANOYEJ74]#Z FM3I?5R#LHT[N HZ-,@Q
M**<9 ,DY1TR=' =TRN&Y8Y"?9EYDF@_AVNEL::7>T2Q&&B0]7XV?HC+J+ ZN
M7^&.6^>4V8)ODGE/EQG*Z8Z."4V@L=547OVG&:3,)3E_$A\^ ==<7&QJ6'^[
M\:I\@G&VAC.H?ZJ>[QPFPMD5QX'&5?<>>_)/#KL#E)9O2.[YSO;/<>8EG&KL
MR*-A7[]$$OUZ1;W)86>KH52TN:0GM"#$@:9&T:?'?<VGPAR-]9U<3A^_L3.A
M\1R.F04-RNSTM"_D56 /!_3V+Y8]>Z]FO*E)IWDJ3E96_5+<G@X-G S*M3%4
M/B>,J:+)$V4OH4_?>[&W%"M3T_L3.F*W%0),"C?K Z@HT0#'J)ZT U51B=QN
M+]Z1, Y"/L5"DM(-RM\O"IOTM\";1&Y/@E4*-@^ ZQ1H<*)42U[PL4W"H)1;
M.14JKG%_2QYI?C, TFEW2"YU5S,WVWGVQ/-KJWGU)//ISKTIG7KJ32I?VCA
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M5/O="&:QU]AP_BSA(S?9AX8I7?Q'>)>GG%1<[/+)QY_S1]X&M[19*"Y'M&F
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M8O-NY%%/,$JK]_J5Z?NS3%<4M9O+\=K$M$O30UG5N^HDYZWU'RFYS^#F) A
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MBQ]Y,D9:$XW_4IEDIT/#ML,3HI%T%LDE. NFON"8\A_=^9'L=+VUL>VJG4"
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MU8RCZ?R,H!!GEW[ ,@4V\B"UN,>($!$+X49HNHV_:S8-$56T6MW3#9A4A@<
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M<6[<DSB<!L%JB55CN:7Y")*<Y0((Q[4X_[CX"_L/>X^>_N;_ U!+ 0(4 Q0
M   ( -A1:4O<9@%%K:H  +HR"P 1              "  0    !F<G!H+3(P
M,3<P.3,P+GAM;%!+ 0(4 Q0    ( -A1:4NK%AY>6@\  &"@   1
M      "  =RJ  !F<G!H+3(P,3<P.3,P+GAS9%!+ 0(4 Q0    ( -A1:4NZ
MGUTY1A   !K%   5              "  66Z  !F<G!H+3(P,3<P.3,P7V-A
M;"YX;6Q02P$"% ,4    " #846E+L>B%9J <  #ANP$ %0
M@ '>R@  9G)P:"TR,#$W,#DS,%]D968N>&UL4$L! A0#%     @ V%%I2YND
M)*JB20  ?A($ !4              ( !L><  &9R<&@M,C Q-S Y,S!?;&%B
M+GAM;%!+ 0(4 Q0    ( -A1:4OO/0<SBS4  %YQ P 5              "
M 88Q 0!F<G!H+3(P,3<P.3,P7W!R92YX;6Q02P4&      8 !@"* 0  1&<!
#

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
