XML 41 R25.htm IDEA: XBRL DOCUMENT
v3.24.1

Contributions from partner | 12 Months Ended
--- | ---
Dec. 31, 2023
Contributions From Partner |
Contributions from partner |
| 17. | Contributions from partner.
On November 4, 2022 the Company sold a 20% ownership interest in tenancy-in-common (TIC) of Dock 79 and The Maren for $65.3 million to a new partner Steuart Investment Company (SIC). Net of the mortgage assumption of $36.0 million and the Company’s share of transfer taxes and other transactions costs of $1.4 million the net contribution was $27.9 million. Of this amount $9.3 million was distributed to MRP and $18.6 million to the Company. A reallocation of partners’ interest of $7.7 million was recorded to Capital in excess of par value for the difference between the $18.6 million consideration received by the company and the net book value of the Company’s share of assets sold. Deferred income tax expense of $2.1 million was recorded to Capital in excess of par value on the Company’s reallocation. The Company continues to consolidate both properties because of continued control over major decisions for both properties.

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

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