Investment in Joint Ventures (Tables)

3 Months Ended

Mar. 31, 2017

Equity Method Investments and Joint Ventures [Abstract]

Investments in Joint Ventures (in thousands)

							The
							Company's
				Total Assets	Net Loss		Share of Net
			Total	of the	of the		Loss of the
	Ownership		Investment	Partnership	Partnership		Partnership
As of March 31, 2017
RiverFront Holdings I, LLC	77.14	%	$9,379	$91,753	$   (987	)	$   (762	)
Brooksville Quarry, LLC	50.00	%	7,512	14,343	(18	)	(9	)
BC FRP Realty, LLC	50.00	%	5,341	10,935	—		—
Total			$  22,232	$ 117,031	$  (1,005	)	$  (771	)
As of December 31, 2016
RiverFront Holdings I, LLC	77.14	%	$10,151	$90,420	$   (1,446	)	$   (1,115	)
Brooksville Quarry, LLC	50.00	%	7,522	14,341	(8	)	(4	)
BC FRP Realty, LLC	50.00	%	5,228	10,784	—		—
Total			$  22,901	$ 115,545	$  (1,454	)	$  (1,119	)

Financial Information for the Investments in Joint Ventures (in thousands)

	As of March 31, 2017
	Riverfront			Brooksville		BCF FRP
	Holdings I, LLC			Quarry, LLC		Realty, LLC		Total
Investments in real estate, net	$	89,971		$	14,310	$	10,920	$	115,201
Cash		1,457			24		15		1,496
Cash held in escrow		133			—		—		133
Accounts receivable		32			4		—		36
Prepaid expenses		160			5		—		165
Total Assets	$	91,753		$	14,343	$	10,935	$	117,031
Long-term Debt	$	76,626		$	—	$	—	$	76,626
Amortizable debt costs		(955	)		—		—		(955	)
Other liabilities		2,049			23		55		2,127
Capital – FRP		9,379			7,512		5,341		22,232
Capital - Third Parties		4,654			6,808		5,539		17,001
Total Liabilities and Capital	$	91,753		$	14,343	$	10,935	$	117,031

	As of December 31, 2016
	Riverfront		Brooksville		BCF FRP
	Holdings I, LLC		Quarry, LLC		Realty, LLC		Total
Cash	$	1,023	$	18	$	21	$	1,062
Cash held in escrow		88		—		—		88
Investments in real estate, net		89,309		14,323		10,763		114,395
Total Assets	$	90,420	$	14,341	$	10,784	$	115,545
Other Liabilities	$	6,348	$	1	$	47	$	6,396
Long-term Debt		69,042		—		—		69,042
Capital – FRP		10,151		7,522		5,228		22,901
Capital - Third Parties		4,879		6,818		5,509		17,206
Total Liabilities and Capital	$	90,420	$	14,341	$	10,784	$	115,545

Income statements for Riverfront Holdings I, LLC (in thousands)

	Three Months Ended March 31,
	2017			2016
Revenues:
Rental Revenue	$	1,311			—
Revenue - Reimbursements		15			—
Total Revenues		1,326			—
Cost of operations:
Depreciation and amortization		863			22
Operating expenses		475			68
Property taxes		219			—
Total cost of operations		1,557			90
Total operating profit		(231	)		(90	)
Interest expense		(756	)		—
Net loss of the Partnership	$	(987	)		(90	)