XML 46 R34.htm IDEA: XBRL DOCUMENT v3.21.1
Investments in Joint Ventures (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Jul. 31, 2019
Dec. 24, 2018
May 04, 2018
Apr. 26, 2016
Oct. 04, 2006
Total Investment $ 143,900   $ 167,071          
Total Assets of the Partnership 398,893   478,556          
Profit (Loss) of the Partnership (2,054)   (5,925)          
Company's share of Net Loss of the Partnership (1,635) $ (642) (5,690)          
Investments in real estate, net 381,181   451,767          
Cash and cash equivalents 12,825   21,649          
Deferred costs 3,554   4,038          
Unrealized rents & receivable 1,333   1,102          
Secured notes payable 144,833   180,890          
Other liabilities 28,133   34,126          
Capital - FRP 139,972   174,792          
Capital - Third parties 85,955   88,748          
Total liabilities and capital 398,893   $ 478,556          
Rental revenue 3,538 3,598            
Total Revenues 5,853 5,783            
Property taxes 778 737            
Operating expenses 841 925            
Total cost of operations 4,411 4,989            
Total operating profit 1,442 794            
Interest expense (925) (51)            
Net loss before tax $ 51,396 2,100            
Brooksville Quarry, LLC                
Ownership percent 50.00%   50.00%         50.00%
Total Investment $ 7,487   $ 7,499          
Total Assets of the Partnership 14,315   14,347          
Profit (Loss) of the Partnership (22)   (78)          
Company's share of Net Loss of the Partnership (11)   (39)          
Investments in real estate, net 14,285   14,287          
Cash and cash equivalents 27   55          
Deferred costs 3   5          
Unrealized rents & receivable 0   0          
Secured notes payable 0   0          
Other liabilities 20   28          
Capital - FRP 7,487   7,499          
Capital - Third parties 6,808   6,820          
Total liabilities and capital $ 14,315   $ 14,347          
BC FRP Realty, LLC                
Ownership percent 50.00%   50.00%       50.00%  
Total Investment $ 5,387   $ 5,184          
Total Assets of the Partnership 22,715   22,747          
Profit (Loss) of the Partnership (52)   (411)          
Company's share of Net Loss of the Partnership (26)   (207)          
Investments in real estate, net 21,943   22,067          
Cash and cash equivalents 213   90          
Deferred costs 287   336          
Unrealized rents & receivable 272   254          
Secured notes payable 11,943   12,370          
Other liabilities 112   123          
Capital - FRP 5,330   5,127          
Capital - Third parties 5,330   5,127          
Total liabilities and capital $ 22,715   $ 22,747          
RiverFront Holdings II, LLC                
Ownership percent 72.00%   80.00%     80.00%    
Total Investment $ 0   $ 23,533          
Total Assets of the Partnership 0   108,538          
Profit (Loss) of the Partnership (760)   (4,573)          
Company's share of Net Loss of the Partnership (639)   (3,907)          
Investments in real estate, net 0   105,737          
Cash and cash equivalents 0   2,626          
Deferred costs 0   162          
Unrealized rents & receivable 0   13          
Secured notes payable 0   64,982          
Other liabilities 0   4,189          
Capital - FRP 0   34,667          
Capital - Third parties 0   4,700          
Total liabilities and capital 0   $ 108,538          
Rental revenue 1,469 0            
Revenue - other 134 2            
Total Revenues 1,603 2            
Depreciation and amortization 754 0            
Property taxes 172 6            
Operating expenses 576 190            
Total cost of operations 1,502 196            
Total operating profit 101 (194)            
Interest expense (740) (197)            
Net loss before tax (639) (391)            
RiverFront Holdings II, LLC Total                
Rental revenue 1,836 0            
Revenue - other 168 2            
Total Revenues 2,004 2            
Depreciation and amortization 942 0            
Property taxes 215 8            
Operating expenses 721 236            
Total cost of operations 1,878 244            
Total operating profit 126 (242)            
Interest expense (886) 0            
Net loss before tax (760) $ (242)            
Bryant Street Partnerships Total                
Rental revenue 17              
Revenue - other 19              
Total Revenues 36              
Depreciation and amortization 366              
Property taxes 0              
Operating expenses 507              
Total cost of operations 873              
Total operating profit (837)              
Interest expense (300)              
Net loss before tax $ (1,137)              
Bryant Street Partnerships                
Ownership percent 61.36%   61.36%   61.36%      
Total Investment $ 59,907   $ 60,159          
Total Assets of the Partnership 187,509   173,814          
Profit (Loss) of the Partnership (1,137)   (836)          
Company's share of Net Loss of the Partnership (1,061)   (2,130)          
Investments in real estate, net 186,148   173,560          
Cash and cash equivalents 1,092   111          
Deferred costs 66   85          
Unrealized rents & receivable 203   58          
Secured notes payable 93,798   72,471          
Other liabilities 16,180   22,952          
Capital - FRP 58,139   58,559          
Capital - Third parties 19,392   19,832          
Total liabilities and capital 187,509   173,814          
Rental revenue 10              
Revenue - other 12              
Total Revenues 22              
Depreciation and amortization 225              
Property taxes 0              
Operating expenses 311              
Total cost of operations 536              
Total operating profit (514)              
Interest expense (547)              
Net loss before tax (1,061)              
Hyde Park                
Total Investment 591   591          
Total Assets of the Partnership 591   591          
Profit (Loss) of the Partnership 0   0          
Company's share of Net Loss of the Partnership 0   0          
Investments in real estate, net 591   591          
Cash and cash equivalents 0   0          
Deferred costs 0   0          
Unrealized rents & receivable 0   0          
Secured notes payable 0   0          
Other liabilities 0   0          
Capital - FRP 591   591          
Capital - Third parties 0   0          
Total liabilities and capital $ 591   $ 591          
DST Hickory Creek                
Ownership percent 26.65%   26.65% 26.65%        
Total Investment $ 6,000   $ 6,000          
Total Assets of the Partnership 47,469   47,761          
Profit (Loss) of the Partnership (99)   (367)          
Company's share of Net Loss of the Partnership 84   339          
Investments in real estate, net 44,972   45,379          
Cash and cash equivalents 1,251   1,202          
Deferred costs 388   405          
Unrealized rents & receivable 858   775          
Secured notes payable 29,303   29,291          
Other liabilities 219   107          
Capital - FRP 4,783   4,894          
Capital - Third parties 13,164   13,469          
Total liabilities and capital 47,469   47,761          
Amber Ridge                
Total Investment 10,197   10,026          
Total Assets of the Partnership 10,197   10,026          
Profit (Loss) of the Partnership 0   0          
Company's share of Net Loss of the Partnership 0   0          
Investments in real estate, net 10,197   10,026          
Cash and cash equivalents 0   0          
Deferred costs 0   0          
Unrealized rents & receivable 0   0          
Secured notes payable 0   0          
Other liabilities 0   0          
Capital - FRP 10,197   10,026          
Capital - Third parties 0   0          
Total liabilities and capital $ 10,197   $ 10,026          
1800 Half Street                
Ownership percent 61.37%   61.37%          
Total Investment $ 38,027   $ 37,875          
Total Assets of the Partnership 59,005   54,275          
Profit (Loss) of the Partnership 16   158          
Company's share of Net Loss of the Partnership 18   164          
Investments in real estate, net 46,099   37,452          
Cash and cash equivalents 10,096   14,011          
Deferred costs 2,810   2,810          
Unrealized rents & receivable 0   2          
Secured notes payable 0   0          
Other liabilities 4,206   1,953          
Capital - FRP 37,482   37,466          
Capital - Third parties 17,317   14,856          
Total liabilities and capital $ 59,005   $ 54,275          
Woodfield Partnerships                
Ownership percent 40.00%   40.00%          
Total Investment $ 16,304   $ 16,204          
Total Assets of the Partnership 57,092   46,457          
Profit (Loss) of the Partnership 0   182          
Company's share of Net Loss of the Partnership 0   90          
Investments in real estate, net 56,946   42,668          
Cash and cash equivalents 146   3,554          
Deferred costs 0   235          
Unrealized rents & receivable 0   0          
Secured notes payable 9,789   1,776          
Other liabilities 7,396   4,774          
Capital - FRP 15,963   15,963          
Capital - Third parties 23,944   23,944          
Total liabilities and capital 57,092   46,457          
Apartment Mixed Use Totals                
Total Assets of the Partnership 351,075   430,845          
Investments in real estate, net 334,165   404,796          
Cash and cash equivalents 12,585   21,504          
Deferred costs 3,264   3,697          
Unrealized rents & receivable 1,061   848          
Secured notes payable 132,890   168,520          
Other liabilities 28,001   33,975          
Capital - FRP 116,367   151,549          
Capital - Third parties 73,817   76,801          
Total liabilities and capital $ 351,075   $ 430,845