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Subsequent Events | 12 Months Ended
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Dec. 31, 2023
Subsequent Events [Abstract] |
Subsequent Events |
| 18. | Subsequent Events.
Subsequent to the end of the year, on March 6, 2024, FRP Holdings, Inc announced that it intends to effect a forward stock split of its common stock at a ratio of 2 post-split shares for every 1 pre-split share. The record date for the split will be April 1, 2024, and the payment date is April 12, 2024. The stock split will increase the number of issued shares of the Company's common stock from 9,500,300 shares to 19,000,600 shares. The following table shows the Historical earnings per share and the pro forma earnings per share assuming the stock split was effective:
|  | Years Ended December 31, |
|  | 2023 |  | 2022 |  | 2021 |
Historical Earnings per common share: |  |  |  |  |  |  |  |  |  |  |  |
Net Income attributable to the Company - |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.56 |  |  |  | 0.49 |  |  |  | 3.02 |
Diluted |  | $ | 0.56 |  |  |  | 0.48 |  |  |  | 3.00 |
Pro Forma Earnings per common share (unaudited): |  |  |  |  |  |  |  |  |  |  |  |
Net Income attributable to the Company - |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.28 |  |  |  | 0.24 |  |  |  | 1.51 |
Diluted |  | $ | 0.28 |  |  |  | 0.24 |  |  |  | 1.50 |

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483399/855-10-50-2 + Details
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