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Investments in Joint Ventures - Schedule of Investments in Joint Ventures (Details) - USD ($) $ in Thousands | Sep. 30, 2024 | Dec. 31, 2023
--- | --- | ---
Schedule of Equity Method Investments [Line Items] |  |
Total assets | $ 726,918 | $ 709,166
Capital – Third Parties | 420,884 | 414,520
Total liabilities and equity | 726,918 | 709,166
Brooksville Quarry, LLC |  |
Schedule of Equity Method Investments [Line Items] |  |
Investments in real estate, net | 14,356 | 14,358
Cash and restricted cash | 74 | 80
Unrealized rents & receivables | 0 | 0
Deferred costs | 2 | 1
Total assets | 14,432 | 14,439
Secured notes payable | 0 | 0
Other liabilities | 66 | 0
Capital – FRP | 7,515 | 7,552
Capital – Third Parties | 6,851 | 6,887
Total liabilities and equity | 14,432 | 14,439
BC FRP Realty, LLC |  |
Schedule of Equity Method Investments [Line Items] |  |
Investments in real estate, net | 21,084 | 21,503
Cash and restricted cash | 108 | 127
Unrealized rents & receivables | 451 | 464
Deferred costs | 353 | 360
Total assets | 21,996 | 22,454
Secured notes payable | 10,857 | 12,086
Other liabilities | 283 | 402
Capital – FRP | 5,428 | 4,983
Capital – Third Parties | 5,428 | 4,983
Total liabilities and equity | 21,996 | 22,454
Lending ventures |  |
Schedule of Equity Method Investments [Line Items] |  |
Investments in real estate, net | 16,929 | 17,117
Cash and restricted cash | 0 | 0
Unrealized rents & receivables | 0 | 0
Deferred costs | 0 | 0
Total assets | 16,929 | 17,117
Secured notes payable | (10,445) | (10,578)
Other liabilities | 0 | 0
Capital – FRP | 27,374 | 27,695
Capital – Third Parties | 0 | 0
Total liabilities and equity | 16,929 | 17,117
Total Multifamily JV’s |  |
Schedule of Equity Method Investments [Line Items] |  |
Investments in real estate, net | 444,816 | 447,257
Cash and restricted cash | 10,825 | 13,942
Unrealized rents & receivables | 7,764 | 7,267
Deferred costs | 6,622 | 5,868
Total assets | 470,027 | 474,334
Secured notes payable | 276,736 | 262,209
Other liabilities | 5,540 | 8,340
Capital – FRP | 111,695 | 120,546
Capital – Third Parties | 76,056 | 83,239
Total liabilities and equity | 470,027 | 474,334
Grand Total |  |
Schedule of Equity Method Investments [Line Items] |  |
Investments in real estate, net | 497,185 | 500,235
Cash and restricted cash | 11,007 | 14,149
Unrealized rents & receivables | 8,215 | 7,731
Deferred costs | 6,977 | 6,229
Total assets | 523,384 | 528,344
Secured notes payable | 277,148 | 263,717
Other liabilities | 5,889 | 8,742
Capital – FRP | 152,012 | 160,776
Capital – Third Parties | 88,335 | 95,109
Total liabilities and equity | $ 523,384 | $ 528,344

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