XML 38 R26.htm IDEA: XBRL DOCUMENT
v3.19.2

Discontinued Operations (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Discontinued Operations and Disposal Groups [Abstract] |
Discontinued operations results of operations |
|  | Three months ended |  | Six months ended
|  | June 30, |  | June 30,
|  | 2019 |  | 2018 |  | 2019 |  | 2018
Lease Revenue |  |  | 222 |  |  |  | 4,110 |  |  |  | 460 |  |  |  | 11,657 |
Cost of operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation, depletion and amortization |  |  | 12 |  |  |  | 1,217 |  |  |  | 41 |  |  |  | 3,102 |
Operating expenses |  |  | 139 |  |  |  | 464 |  |  |  | 234 |  |  |  | 1,642 |
Property taxes |  |  | 26 |  |  |  | 449 |  |  |  | 46 |  |  |  | 1,247 |
Management company indirect |  |  | — |  |  |  | 812 |  |  |  | — |  |  |  | 990 |
Corporate expenses |  |  | — |  |  |  | 655 |  |  |  | — |  |  |  | 1,402 |
Total cost of operations |  |  | 177 |  |  |  | 3,597 |  |  |  | 321 |  |  |  | 8,383 |
Total operating profit |  |  | 45 |  |  |  | 513 |  |  |  | 139 |  |  |  | 3,274 |
Interest expense |  |  | — |  |  |  | (187 | ) |  |  | — |  |  |  | (587 | )
Gain on sale of buildings |  |  | 9,245 |  |  |  | 164,807 |  |  |  | 9,268 |  |  |  | 164,807 |
Income before income taxes |  |  | 9,290 |  |  |  | 165,133 |  |  |  | 9,407 |  |  |  | 167,494 |
Provision for income taxes |  |  | 2,514 |  |  |  | 44,668 |  |  |  | 2,545 |  |  |  | 45,307 |
Income from discontinued operations |  | $ | 6,776 |  |  |  | 120,465 |  |  |  | 6,862 |  |  |  | 122,187 |
Earnings per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from discontinued operations- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 0.68 |  |  |  | 12.01 |  |  |  | 0.69 |  |  |  | 12.19 |
Diluted |  |  | 0.68 |  |  |  | 11.92 |  |  |  | 0.69 |  |  |  | 12.10 |
Discontinued operations balance sheet components |
|  | June 30 |  | December 31
Assets: |  | 2019 |  | 2018
Real estate investments at cost: |  |  |  |  |  |  |
Land |  | $ | — |  |  |  | 546
Buildings and improvements |  |  | — |  |  |  | 3,315
Projects under construction |  |  | — |  |  |  | —
Total investments in properties |  |  | — |  |  |  | 3,861
Less accumulated depreciation and depletion |  |  | — |  |  |  | 2,374
Net investments in properties |  |  | — |  |  |  | 1,487
Accounts receivable, net |  |  | 871 |  |  |  | 910
Unrealized rents |  |  | — |  |  |  | 473
Deferred costs |  |  | — |  |  |  | 354
Assets of discontinued operations |  | $ | 871 |  |  |  | 3,224
Liabilities: |  |  |  |  |  |  |
Accounts payable and accrued liabilities |  | $ | 158 |  |  |  | 205
Deferred revenue |  |  | — |  |  |  | 45
Tenant security deposits |  |  | — |  |  |  | 38
Liabilities of discontinued operations |  | $ | 158 |  |  |  | 288

X
- References No definition available. + Details
Name: | FRPH_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsBalanceSheetTextBlockTableTextBlock
Namespace Prefix: | FRPH_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | FRPH_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementTextBlockTableTextBlock
Namespace Prefix: | FRPH_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration