0000844059-17-000010.txt : 20170808 0000844059-17-000010.hdr.sgml : 20170808 20170808163855 ACCESSION NUMBER: 0000844059-17-000010 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 56 CONFORMED PERIOD OF REPORT: 20170630 FILED AS OF DATE: 20170808 DATE AS OF CHANGE: 20170808 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRP HOLDINGS, INC. CENTRAL INDEX KEY: 0000844059 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 472449198 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-36769 FILM NUMBER: 171015341 BUSINESS ADDRESS: STREET 1: 200 W. FORSYTH ST. STREET 2: 7TH FLOOR CITY: JACKSONVILLE STATE: FL ZIP: 32202 BUSINESS PHONE: 9043965733 MAIL ADDRESS: STREET 1: 200 W. FORSYTH ST. STREET 2: 7TH FLOOR CITY: JACKSONVILLE STATE: FL ZIP: 32202 FORMER COMPANY: FORMER CONFORMED NAME: PATRIOT TRANSPORTATION HOLDING INC DATE OF NAME CHANGE: 20010425 FORMER COMPANY: FORMER CONFORMED NAME: FRP PROPERTIES INC DATE OF NAME CHANGE: 19920703 10-Q 1 frphjunq17.htm FRPH FORM 10Q JUNE 2017

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

FORM 10-Q

_________________

(Mark One)

[X ]

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2017

[ ]

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from_________ to _________

Commission File Number: 001-36769

_____________________

FRP HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

_____________________

Florida		47-2449198
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

200 W. Forsyth St., 7th Floor, Jacksonville, FL		32202
(Address of principal executive offices)		(Zip Code)

904-396-5733

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [x] No [_]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [x] No [_]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer,” “non-accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer [_]		Accelerated filer [x]

Non-accelerated filer [_]		Smaller reporting company [_]

Emerging growth company [_]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [_]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [_] No [x]

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

	Class				Outstanding at June 30, 2017
	Common Stock, $.10 par value per share				10,002,167 shares

FRP HOLDINGS, INC.

FORM 10-Q

QUARTER ENDED JUNE 30, 2017

CONTENTS

Page No.

Preliminary Note Regarding Forward-Looking Statements		3

	Part I. Financial Information

Item 1.	Financial Statements
	Consolidated Balance Sheets	4
	Consolidated Statements of Income	5
	Consolidated Statements of Cash Flows	6
	Condensed Notes to Consolidated Financial Statements	7

Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	16

Item 3.	Quantitative and Qualitative Disclosures about Market Risks	31

Item 4.	Controls and Procedures	31

	Part II. Other Information

Item 1A.	Risk Factors	32

Item 2.	Purchase of Equity Securities by the Issuer	32

Item 6.	Exhibits	32

Signatures		33

Exhibit 31	Certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002	35

Exhibit 32	Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002	38

Preliminary Note Regarding Forward-Looking Statements.

This Quarterly Report on Form 10-Q, together with other statements and information publicly disseminated by us, contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words or phrases “anticipate,” “estimate,” ”believe,” “budget,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target” and similar expressions identify forward-looking statements. Such statements reflect management’s current views with respect to financial results related to future events and are based on assumptions and expectations that may not be realized and are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, financial or otherwise, may differ, perhaps materially, from the results discussed in the forward-looking statements. Risk factors discussed in Item 1A of this Form 10-Q and other factors that might cause differences, some of which could be material, include, but are not limited to, levels of construction activity in the markets served by our mining properties, demand for flexible warehouse/office facilities in the Baltimore-Washington-Northern Virginia area, our ability to obtain zoning and entitlements necessary for property development, the impact of lending and capital market conditions on our liquidity, our ability to finance projects or repay our debt, general real estate investment and development risks, vacancies in our properties, risks associated with developing and managing properties in partnership with others, competition, our ability to renew leases or re-lease spaces as leases expire, illiquidity of real estate investments, bankruptcy or defaults of tenants, the impact of restrictions imposed by our credit facility, the level and volatility of interest rates, environmental liabilities, inflation risks, cybersecurity risks, as well as other risks listed from time to time in our SEC filings, including but not limited to, our annual and quarterly reports. In addition, if we elect REIT status these risk factors also would include our ability to qualify or to remain qualified as a REIT, our ability to satisfy REIT distribution requirements, the impact of issuing equity, debt or both, and selling assets to satisfy our future distributions required as a REIT or to fund capital expenditures, future growth and expansion initiatives, the impact of the amount and timing of any future distributions, the impact from complying with REIT qualification requirements limiting our flexibility or causing us to forego otherwise attractive opportunities, our lack of experience operating as a REIT, legislative, administrative, regulatory or other actions affecting REITs, including positions taken by the Internal Revenue Service, the possibility that our Board of Directors will unilaterally revoke our REIT election, the possibility that the anticipated benefits of qualifying as a REIT will not be realized, or will not be realized within the expected time period, We have no obligation to revise or update any forward-looking statements, other than as imposed by law, as a result of future events or new information. Readers are cautioned not to place undue reliance on such forward-looking statements.

These forward-looking statements are made as of the date hereof based on management’s current expectations, and the Company does not undertake an obligation to update such statements, whether as a result of new information, future events or otherwise. Additional information regarding these and other risk factors may be found in the Company’s other filings made from time to time with the Securities and Exchange Commission.

PART I. FINANCIAL INFORMATION, ITEM 1. FINANCIAL STATEMENTS

FRP HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(Unaudited) (In thousands, except share data)

	June 30		December 31
Assets:	2017		2016
Real estate investments at cost:
Land	$	99,417		99,417
Buildings and improvements		208,375		195,443
Projects under construction		6,917		11,779
Total investments in properties		314,709		306,639
Less accumulated depreciation and depletion		85,935		82,392
Net investments in properties		228,774		224,247

Real estate held for investment, at cost		7,176		7,176
Investments in joint ventures		21,557		22,901
Net real estate investments		257,507		254,324

Accounts receivable		789		710
Federal and state income taxes receivable		2,926		—
Unrealized rents		4,370		4,562
Deferred costs		5,436		6,786
Other assets		182		178
Total assets	$	271,210		266,560

Liabilities:
Lines of credit payable	$	6,355		6,665
Secured notes payable, current portion		4,673		4,526
Secured notes payable, less current portion		27,234		29,554
Accounts payable and accrued liabilities		3,213		3,747
Environmental remediation liability		2,037		2,037
Bank overdraft		171		254
Federal and state income taxes payable		—		887
Deferred revenue		200		1,126
Deferred income taxes		20,447		16,455
Deferred compensation		1,484		1,475
Deferred lease intangible, net		4		9
Tenant security deposits		906		1,005
Total liabilities		66,724		67,740

Commitments and contingencies (Note 8)

Equity:
Common stock, $.10 par value 25,000,000 shares authorized, 10,002,167 and 9,914,054 shares issued and outstanding, respectively		1,000		991
Capital in excess of par value		55,211		52,647
Retained earnings		148,261		145,168
Accumulated other comprehensive income, net		14		14
Total shareholders’ equity		204,486		198,820
Total liabilities and shareholders’ equity	$	271,210		266,560

See accompanying notes.

FRP HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME

(In thousands except per share amounts)

(Unaudited)

	THREE MONTHS ENDED						SIX MONTHS ENDED
	JUNE 30,						JUNE 30,
	2017			2016			2017			2016
Revenues:
Rental revenue	$	6,222			6,082			12,505			12,171
Mining Royalty and rents		1,809			2,033			3,548			3,789
Revenue – reimbursements		1,329			1,128			2,629			2,898
Total Revenues		9,360			9,243			18,682			18,858

Cost of operations:
Depreciation, depletion and amortization		2,202			2,066			4,261			3,995
Operating expenses		1,002			974			2,003			2,505
Environmental remediation expense		—			2,000			—			2,000
Property taxes		1,129			1,128			2,191			2,270
Management company indirect		475			425			944			921
Corporate expenses (Note 4 Related Party)		566			684			1,893			1,692
Total cost of operations		5,374			7,277			11,292			13,383

Total operating profit		3,986			1,966			7,390			5,475

Interest income		—			—			—			1
Interest expense		(371	)		(392	)		(619	)		(807	)
Equity in loss of joint ventures		(806	)		(186	)		(1,577	)		(272	)
Gain (Loss) on investment land sold		—			(109	)		—			(109	)

Income before income taxes		2,809			1,279			5,194			4,288
Provision for income taxes		1,096			505			2,038			1,694

Net income	$	1,713			774			3,156			2,594

Comprehensive income	$	1,713			774			3,156			2,594

Earnings per common share:
Basic	$	0.17			0.08			0.32			0.26
Diluted	$	0.17			0.08			0.32			0.26

Number of shares (in thousands) used in computing:
-basic earnings per common share		9,965			9,864			9,948			9,858
-diluted earnings per common share		10,038			9,907			10,019			9,900

See accompanying notes.

FRP HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

SIX MONTHS ENDED JUNE 30, 2017 AND 2016

(In thousands) (Unaudited)

		2017		2016
Cash flows from operating activities:
Net income	$	3,156		2,594
Adjustments to reconcile net income to net cash
provided by operating activities:
Depreciation, depletion and amortization		4,398		4,109
Deferred income taxes		3,992		(1,581	)
Equity in loss of joint ventures		1,577		272
Loss on sale of equipment and property		17		89
Stock-based compensation		555		475
Net changes in operating assets and liabilities:
Accounts receivable		(79	)	(317	)
Deferred costs and other assets		738		280
Accounts payable and accrued liabilities		(1,460	)	2,681
Income taxes payable and receivable		(3,813	)	(764	)
Other long-term liabilities		(95	)	14
Net cash provided by operating activities		8,986		7,852

Cash flows from investing activities:
Investments in properties		(8,139	)	(2,430	)
Investments in joint ventures		(236	)	(347	)
Proceeds from sale of assets		—		2,166
Cash held in escrow		—		1,174
Net cash (used in) provided by investing activities		(8,375	)	563

Cash flows from financing activities:
Decrease in bank overdrafts		(83	)	(69	)
Repayment of long-term debt		(2,173	)	(2,090	)
Proceeds from borrowing on revolving credit facility		10,783		3,893
Payment on revolving credit facility		(11,093	)	(6,821	)
Repurchase of company stock		(74	)	(43	)
Exercise of employee stock options		2,029		184
Net cash used in financing activities		(611	)	(4,946	)

Net increase in cash and cash equivalents		—		3,469
Cash and cash equivalents at beginning of period		—		—
Cash and cash equivalents at end of the period	$	—		3,469

See accompanying notes.

FRP HOLDINGS, INC. AND SUBSIDIARIES

CONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

JUNE 30, 2017

(Unaudited)

(1) Description of Business and Basis of Presentation.

FRP Holdings, Inc. (“FRP” or the “Company”) is a holding company engaged in the real estate business, namely (i) warehouse/office building ownership, leasing and management, (ii) mining royalty land ownership and leasing and (iii) land acquisition, entitlement and development primarily for future warehouse/office or residential building construction.

The accompanying consolidated financial statements include the accounts of FRP Holdings, Inc. (the “Company” or “FRP”) inclusive of our operating real estate subsidiaries, FRP Development Corp. (“Development”) and Florida Rock Properties, Inc. (”Properties”). Our investment in the Brooksville joint venture, BC FRP Realty joint venture and Riverfront Investment Partners I, LLC are accounted for under the equity method of accounting (See Note 11). These statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the instructions to Form 10-Q and do not include all the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, all adjustments (primarily consisting of normal recurring accruals) considered necessary for a fair statement of the results for the interim periods have been included. Operating results for the six months ended June 30, 2017 are not necessarily indicative of the results that may be expected for the year ending December 31, 2017. The accompanying consolidated financial statements and the information included under the heading "Management's Discussion and Analysis of Financial Condition and Results of Operations" should be read in conjunction with the Company's consolidated financial statements and related notes included in the Company’s Form 10-K for the year ended September 30, 2016.

On December 19, 2016, the Company changed its fiscal year end from September 30 to December 31. The quarter ended December 31, 2016 was a transition period.

(2) Recently Issued Accounting Standards. In February 2016, the FASB issued ASU No. 2016-02, “Leases”, which requires lessees to recognize a right-to-use asset and a lease obligation for all leases. Lessees are permitted to make an accounting policy election to not recognize an asset and liability for leases with a term of twelve months or less. Additional qualitative and quantitative disclosures, including significant judgments made by management, will be required. Lessors will account for leases using an approach that is substantially equivalent to existing accounting standards. The new standard will become effective for the Company beginning with the first quarter 2020 and requires a modified retrospective transition approach and includes a number of practical expedients. Early adoption of the standard is permitted. As the Company is primarily a lessor the adoption of this guidance is not expected to have a material impact on its financial statements.

In March 2016, the FASB issued ASU No. 2016-09, “Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting”. The ASU includes multiple provisions intended to simplify various aspects of the accounting for share-based payments. Excess tax benefits for share-based payments are recorded as a reduction of income taxes and reflected in operating cash flows upon the adoption of this ASU. Excess tax benefits were recorded in equity and as financing activity prior to adoption of this ASU. In addition, the guidance allows for a policy election to account for forfeitures as they occur rather than on an estimated basis. This guidance is effective for annual and interim reporting periods of public entities beginning after December 15, 2016 with early adoption permitted. The Company adopted this guidance prospectively as of October 1, 2016. As a result of this adoption in the first six months of 2017 we recorded a $14,000 reduction of income tax expense from excess tax benefits on stock option exercises.

In January 2017, the FASB issued ASU No. 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business”, to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions of assets or businesses. To be considered a

business, an acquisition would have to include an input and a substantive process that together significantly contribute to the ability to create outputs. The new guidance provides a framework to evaluate when an input and a substantive process are present. To be a business without outputs, there will now need to be an organized workforce. ASU 2017-01 further states that when substantially all of the fair value of gross assets acquired is concentrated in a single asset (or a group of similar assets), the assets acquired would not represent a business. The amendments in the update are effective for the Company’s financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those years. Early adoption is permitted. The Company is currently evaluating the amendments from this Update, but expects it to change the treatment of building acquisitions from being considered a business to being considered an asset. This change will result in acquisition costs being capitalized as part of the asset acquisition, whereas current treatment has them recognized in earnings in the period incurred.

(3) Business Segments. The Company is reporting its financial performance based on three reportable segments, Asset Management, Mining Royalty Lands and Land Development and Construction, as described below.

The Asset Management segment owns, leases and manages warehouse/office buildings located predominately in the Baltimore/Northern Virginia/Washington, DC market area.

Through our Land Development and Construction segment, we own and are continuously monitoring for their “highest and best use” several parcels of land that are in various stages of development. Our overall strategy in this segment is to convert all of our non-income producing lands into income production through (i) an orderly process of constructing new warehouse/office buildings for us to own and operate or (ii) a sale to, or joint venture with, third parties.

Operating results and certain other financial data for the Company’s business segments are as follows (in thousands):

	Three Months ended						Six Months ended
	June 30,						June 30,
	2017			2016			2017			2016
Revenues:
Asset management	$	7,194			6,927			14,479			14,501
Mining royalty lands		1,833			2,059			3,595			3,837
Land development and construction		333			257			608			520
		9,360			9,243			18,682			18,858

Operating profit:
Before corporate expenses:
Asset management	$	3,234			3,318			6,735			6,741
Mining royalty lands		1,701			1,940			3,326			3,589
Land development and construction		(383	)		(2,608	)		(778	)		(3,163	)
Corporate expenses:
Allocated to asset management		(321	)		(354	)		(1,074	)		(874	)
Allocated to mining royalty		(28	)		(52	)		(94	)		(127	)
Allocated to land development and construction		(217	)		(278	)		(725	)		(691	)
		(566	)		(684	)		(1,893	)		(1,692	)
	$	3,986			1,966			7,390			5,475

Interest expense:
Asset management	$	371			392			619			807

Depreciation, depletion and amortization:
Asset management	$	2,057			1,985			4,022			3,820
Mining royalty lands		35			15			74			46
Land development and construction		110			66			165			129
	$	2,202			2,066			4,261			3,995

Capital expenditures:
Asset management	$	3,532			761			4,788			1,234
Mining royalty lands		—			102			—			106
Land development and construction		878			611			3,351			1,090
	$	4,410			1,474			8,139			2,430

	June 30,		December 31,
Identifiable net assets	2017		2016

Asset management	$	179,350		169,736
Mining royalty lands		38,990		39,259
Land development and construction		49,527		57,126
Cash items		—		—
Unallocated corporate assets		3,343		439
	$	271,210		266,560

(4) Related Party Transactions. The Company is a party to a Transition Services Agreement which resulted from our January 30, 2015 spin-off of Patriot Transportation Holding, Inc. (Patriot). The Transition Services Agreement sets forth the terms on which Patriot will provide to FRP certain services that were shared prior to the Spin-off, including the services of certain shared executive officers. The boards of the respective companies amended and extended this agreement for one year effective April 1, 2017.

The consolidated statements of income reflect charges and/or allocation from Patriot for these services of $320,000 and $388,000 for the three months ended June 30, 2017 and 2016, and $877,000 and $794,000 for the six months ended June 30, 2017 and 2016, respectively. Included in the charges above are amounts recognized for corporate executive stock-based compensation expense. These charges are reflected as part of corporate expenses.

To determine these allocations between FRP and Patriot as set forth in the Transition Services Agreement, we generally employed the same methodology historically used by the Company pre Spin-off to allocate said expenses and thus we believe that the allocations to FRP are a reasonable approximation of the costs related to FRP’s operations but any such related-party transactions cannot be presumed to be carried out on an arm’s-length basis as the terms were negotiated while Patriot was still a subsidiary of FRP.

(5) Long-Term Debt. Long-term debt is summarized as follows (in thousands):

	June 30,		December 31,
	2017		2016
Revolving credit (uncollateralized)	$	6,355		6,665
5.6% to 7.9% mortgage notes
due in installments through 2027		31,907		34,080
		38,262		40,745
Less portion due within one year		4,673		4,526
	$	33,589		36,219

On January 30, 2015, the Company entered into a five year credit agreement with Wells Fargo with a maximum facility amount of $20 million (the "Credit Agreement"). The Credit Agreement provides a revolving credit facility (the “Revolver”) with a $10 million sublimit available for standby letters of credit. As of June 30, 2017, there was

$5,733,000 outstanding on the revolver, $2,266,000 outstanding under letters of credit and $12,001,000 available for borrowing. The letters of credit were issued to guarantee certain obligations to state agencies related to real estate development. Most of the letters of credit are irrevocable for a period of one year and typically are automatically extended for additional one-year periods. The Revolver bears interest at a rate of 1.4% over the selected LIBOR, which may change quarterly based on the Company’s ratio of Consolidated Total Debt to Consolidated Total Capital, as defined. A commitment fee of 0.15% per annum is payable quarterly on the unused portion of the commitment. The commitment fee may also change quarterly based upon the ratio described above. The credit agreement contains certain conditions and financial covenants, including a minimum $110 million tangible net worth. As of June 30, 2017, the tangible net worth covenant would have limited our ability to pay dividends or repurchase stock with borrowed funds to a maximum of $76.6 million combined. The Company was in compliance with all covenants as of June 30, 2017.

On July 24, 2015 the Company closed on a five year, $20 million secured revolver with First Tennessee Bank with a twenty-four month window to convert up to the full amount of the facility into a ten year term loan. Interest accrues at 1.90% over one month LIBOR plus an annual commitment fee of 0.10%. As of June 30, 2017, there was $622,000 outstanding on the revolver and $19,378,000 available for borrowing. The Company expects to close on a second facility with First Tennessee Bank with a $20 million ten year term loan secured by to-be-determined collateral. The purpose of these loans is to facilitate growth through new construction in the Land Development and Construction segment and/or acquisition of existing, operating buildings to be added to the Asset Management segment.

During the three months ended June 30, 2017 and June 30, 2016 the Company capitalized interest costs of $232,000 and $240,000, respectively. During the six months ended June 30, 2017 and June 30, 2016 the Company capitalized interest costs of $602,000 and $482,000, respectively.

(6) Earnings per Share. The following details the computations of the basic and diluted earnings per common share (in thousands, except per share amounts):

	Three Months ended				Six Months ended
	June 30,				June 30,
	2017		2016		2017		2016
Weighted average common shares
outstanding during the period
- shares used for basic
earnings per common share		9,965		9,864		9,948		9,858

Common shares issuable under
share based payment plans
which are potentially dilutive		73		43		71		42

Common shares used for diluted
earnings per common share		10,038		9,907		10,019		9,900

Net income	$	1,713		774		3,156		2,594

Basic earnings per common share:
Basic	$	0.17		0.08		0.32		0.26
Diluted	$	0.17		0.08		0.32		0.26

For the three and six months ended June 30, 2017, 13,610 and 22,422 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. For the three and six months ended June 30, 2016, 72,090 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.

(7) Stock-Based Compensation Plans. The Company has two Stock Option Plans (the 2006 Stock Incentive Plan and the 2016 Equity Incentive Option Plan) under which options for shares of common stock were granted to directors, officers and key employees. The 2016 plan permits the grant of stock options, stock appreciation rights, restricted stock awards, restricted stock units, or stock awards. The options awarded under the plans have similar characteristics. All stock options are non-qualified and expire ten years from the date of grant. Stock based compensation awarded to directors, officers and employees are exercisable immediately or become exercisable in cumulative installments of 20% or 25% at the end of each year following the date of grant. When stock options are exercised the Company issues new shares after receipt of exercise proceeds and taxes due, if any, from the grantee. The number of common shares available for future issuance was 569,917 at June 30, 2017.

The Company utilizes the Black-Scholes valuation model for estimating fair value of stock compensation for options awarded to officers and employees. Each grant is evaluated based upon assumptions at the time of grant. The assumptions were no dividend yield, expected volatility between 35% and 46%, risk-free interest rate of .3% to 4.2% and expected life of .25 to 7.0 years.

The dividend yield of zero is based on the fact that the Company does not pay cash dividends and has no present intention to pay cash dividends. Expected volatility is estimated based on the Company’s historical experience over a period equivalent to the expected life in years. The risk-free interest rate is based on the U.S. Treasury constant maturity interest rate at the date of grant with a term consistent with the expected life of the options granted. The expected life calculation is based on the observed and expected time to exercise options by the employees.

As previously disclosed, Thompson S. Baker II resigned from his position as CEO and from the board of directors on March 13, 2017. In recognition of his outstanding service to the Company, the Board approved the vesting of all of Mr. Baker's outstanding FRP stock options, which expired 90 days following the termination of his employment. The vesting of Mr. Baker’s outstanding FRP options that were issued prior to the spin-off required Patriot to record modification stock compensation expense of $150,000. FRP reimbursed Patriot for this cost under the transition services agreement. The vesting of Mr. Baker’s outstanding FRP options that were issued subsequent to the spin-off required modified stock compensation expense of $41,000.

The Company recorded the following stock compensation expense in its consolidated statements of income (in thousands):

	Three Months ended				Six Months ended
	June 30,				June 30,
	2017		2016		2017		2016
Stock option grants	$	33		32		110		63
Annual director stock award		—		—		445		412
	$	33		32		555		475

A summary of changes in outstanding options is presented below (in thousands, except share and per share amounts):

				Weighted		Weighted		Weighted
	Number			Average		Average		Average
	Of			Exercise		Remaining		Grant Date
Options	Shares			Price		Term (yrs)		Fair Value(000's)
Outstanding at
January 1, 2017		236,385		$	25.35		6.1	$	2,440
Granted		4,555		$	37.55			$	75
Modification		—		$	30.21			$	(137	)
Exercised		(79,630	)	$	25.48			$	(756	)
Outstanding at
June 30, 2017		161,310		$	25.63		5.7	$	1,622
Exercisable at
June 30, 2017		119,020		$	23.66		4.9	$	1,038
Vested during
six months ended
June 30, 2017		26,839						$	223

The aggregate intrinsic value of exercisable in-the-money options was $2,677,000 and the aggregate intrinsic value of outstanding in-the-money options was $3,310,000 based on the market closing price of $46.15 on June 30, 2017 less exercise prices.

The unrecognized compensation cost of options granted to FRP employees but not yet vested as of June 30, 2017 was $376,000, which is expected to be recognized over a weighted-average period of 3.7 years.

Gains of $1,347,000 were realized by option holders during the six months ended June 30, 2017. Patriot realized the tax benefits of $1,238,000 of these gains because these options were exercised by Patriot employees for options granted prior to the spin-off.

(8) Contingent Liabilities. Certain of the Company’s subsidiaries are involved in litigation on a number of matters and are subject to certain claims which arise in the normal course of business. The Company has retained certain self-insurance risks with respect to losses for third party liability and property damage. The liability at any point in time depends upon the relative ages and amounts of the individual open claims. In the opinion of management, none of these matters are expected to have a material adverse effect on the Company’s consolidated financial condition, results of operations or cash flows.

Preliminary testing on the site of the Company's four phase master development known as RiverFront on the Anacostia in Washington, D.C. indicated the presence of contaminated material that will have to be specially handled upon excavation in conjunction with construction. The Company has agreed with our joint venture partner to bear the cost of handling the contaminated materials on the first phase of this development up to a cap of $1.871 million. As of September 30, 2016, the excavation and foundation work for Phase 1 were substantially complete; thus, the bulk of the remediation expenses have been incurred. Management believes the total cost for remediation on Phase 1 will end up at approximately $1.9 million. During the quarter ending December 31, 2015, management successfully completed negotiations and entered into a $3,000,000 settlement of environmental claims on all four phases against our former tenant at the Riverfront on the Anacostia property and continues to pursue settlement negotiations with other potentially responsible parties. The Company executed a letter of intent with MRP Realty in May 2016 to develop Phase II of the Riverfront on the Anacostia project and recorded an estimated environmental remediation expense of $2.0 million for the Company’s estimated liability under the proposed agreement. The Company has no obligation to remediate this contamination on Phases III and IV of the development until such time as it makes a commitment to commence construction on each phase. The Company's actual expense to address this issue may be materially higher or lower than the expense previously recorded depending upon the actual costs incurred.

(9) Concentrations. With the completion and occupancy of the 3rd build to suit for the same tenant at Patriot Business Park in the first quarter of fiscal 2015 this particular tenant accounted for 11% of the Company’s consolidated revenues during the quarter ended June 30, 2017. The mining royalty lands segment has a total of four tenants currently leasing mining locations and one lessee that accounted for 15.7% of the Company’s consolidated revenues during the six months ended June 30, 2017 and $199,908 of accounts receivable at June 30, 2017. The termination of these lessees’ underlying leases could have a material adverse effect on the Company. The Company places its cash and cash equivalents with Tennessee Bank. At times, such amounts may exceed FDIC limits.

(10) Fair Value Measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. Level 1 means the use of quoted prices in active markets for identical assets or liabilities. Level 2 means the use of values that

are derived principally from or corroborated by observable market data. Level 3 means the use of inputs are those that are unobservable and significant to the overall fair value measurement.

As of June 30, 2017 the Company had no assets or liabilities measured at fair value on a recurring or non-recurring basis. At June 30, 2017 and 2016, the carrying amount reported in the consolidated balance sheets for cash and cash equivalents, short-term notes payable and revolving credit approximate their fair value based upon the short-term nature of these items.

The fair values of the Company’s other mortgage notes payable were estimated based on current rates available to the Company for debt of the same remaining maturities. At June 30, 2017, the carrying amount and fair value of such other long-term debt was $38,262,000 and $41,165,000, respectively. At December 31, 2016, the carrying amount and fair value of such other long-term debt was $40,745,000 and $43,747,000, respectively.

(11) Investments in Joint Ventures.

RiverFront. On March 30, 2012 the Company entered into a Contribution Agreement with MRP SE Waterfront Residential, LLC. (“MRP”) to form a joint venture to develop the first phase only of the four phase master development known as RiverFront on the Anacostia in Washington, D.C. The purpose of the Joint Venture is to develop, own, lease and ultimately sell an approximately 300,000 square foot residential apartment building (including approximately 18,000 square feet of retail) on approximately 2 acres of the roughly 5.82 acre site. The joint venture, RiverFront Investment Partners I, LLC (“RiverFront I”) was formed in June 2013 as contemplated. The Company contributed land with an agreed to value of $13,500,000 (cost basis of $6,165,000) and contributed cash of $4,866,000 to the Joint Venture for a 77.14% stake in the venture. MRP contributed capital of $5,553,000 to the joint venture including development costs paid prior to formation of the joint venture. The Joint Venture closed on $17,000,000 of EB5 secondary financing and a nonrecourse construction loan for $65,000,000 on August 8, 2014. Both these financing sources are non-recourse to FRP. At the time of these financings, RiverFront Holdings I, LLC. was formed as a parent to RiverFront Investment Partners I, LLC with EB5 as an equity partner in Riverfront Holdings I, LLC. Construction commenced in October 2014, first occupancy was in August 2016 and the Company anticipates lease up to occur during all of 2017. The joint venture intends to refinance the construction loan before the initial maturity date of August 7, 2018. The Company’s equity interest in the joint venture is accounted for under the equity method of accounting as MRP acts as the administrative agent of the joint venture and oversees and controls the day to day operations of the project. Other income for the six months ended June 30, 2017 includes a loss of $1,558,000 representing the Company’s portion of the loss of this joint venture. The company and MRP Realty executed a letter of intent in May 2016 and a Contribution Agreement in February 2017 to develop Phase II but the joint venture is not yet formed.

Brooksville. In 2006, the Company entered into a Joint Venture Agreement with Vulcan Materials Company to jointly own and develop approximately 4,300 acres of land near Brooksville, Florida. Under the terms of the joint venture, FRP contributed its fee interest in approximately 3,443 acres formerly leased to Vulcan under a long-term mining lease which had a net book value of $2,548,000. Vulcan is entitled to mine a portion of the property until 2032 and pay royalties to the Company. FRP also contributed $3,018,000 for one-half of the acquisition costs of a 288-acre contiguous parcel. Vulcan contributed 553 acres that it owned as well as its leasehold interest in the 3,443 acres that it leased from FRP and $3,018,000 for one-half of the acquisition costs of the 288-acre contiguous parcel. The joint venture is jointly controlled by Vulcan and FRP. Distributions will be made on a 50-50 basis except for royalties and depletion specifically allocated to the Company. Other income for the six months ended June 30, 2017 includes a loss of $19,000 representing the Company’s portion of the loss of this joint venture.

BC FRP Realty (Windlass Run). During the quarter ending March 2016, we entered into an agreement with a Baltimore development company (St. John Properties, Inc.) to jointly develop the remaining lands of our Windlass Run Business Park. The 50/50 partnership initially calls for FRP to combine its 25 acres (valued at $7,500,000) with St. John Properties’ adjacent 10 acres fronting on a major state highway (valued at $3,239,536) which resulted in an initial cash distribution of $2,130,232 to FRP in May, 2016. Thereafter, the venture will jointly develop the combined properties into a multi-building business park to consist of approximately 329,000 square feet of single story office space.

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 June 30, 2017
RiverFront Holdings I, LLC	77.14	%	$8,583	$91,641	$ (2,019	)	$ (1,558	)
Brooksville Quarry, LLC	50.00	%	7,500	14,343	(38	)	(19	)
BC FRP Realty, LLC	50.00	%	5,474	11,113	—		—
Total			$ 21,557	$ 117,097	$ (2,057	)	$ (1,577	)

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	)

	As of June 30, 2017
	Riverfront			Brooksville		BC FRP
	Holdings I, LLC			Quarry, LLC		Realty, LLC		Total

Investments in real estate, net	$	88,993		$	14,309	$	11,069	$	114,371
Cash		2,295			26		44		2,365
Cash held in escrow		171			—		—		171
Accounts receivable		40			6		—		46
Prepaid expenses		142			2		—		144
Total Assets	$	91,641		$	14,343	$	11,113	$	117,097

Long-term Debt	$	78,587		$	—	$	—	$	78,587
Amortizable debt costs		(852	)		—		—		(852	)
Other liabilities		905			45		—		950
Capital – FRP		8,583			7,500		5,474		21,557
Capital - Third Parties		4,418			6,798		5,639		16,855
Total Liabilities and Capital	$	91,641		$	14,343	$	11,113	$	117,097

	As of December 31, 2016
	Riverfront		Brooksville		BC 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 the RiverFront Holdings I, LLC (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Revenues:
Rental Revenue	$	1,742			—		$	3,053			—
Revenue – Reimbursements		18			—			33			—
Total Revenues		1,760			—			3,086			—
Cost of operations:
Depreciation and amortization		1,095			75			1,958			97
Operating expenses		621			148			1,096			216
Property taxes		240			—			459			—
Total cost of operations		1,956			223			3,513			313
Total operating profit		(196	)		(223	)		(427	)		(313	)
Interest expense		(836	)		—			(1,592	)		—
Net loss of the Partnership	$	(1,032	)		(223	)	$	(2,019	)		(313	)

The amount of consolidated accumulated deficit for these joint ventures was $(2,626,000) and $(1,667,000) as of June 30, 2017 and December 31, 2016 respectively.

(12) Subsequent Event. In our recent month ending July 31, 2017, Phase I (Dock 79) of the development known as RiverFront on the Anacostia in Washington, D.C., a 300,000 square foot residential apartment building developed by a joint venture between the Company and MRP SE Waterfront Residential, LLC (“MRP”), reached stabilization, meaning 90% of the individual apartments have been leased and are occupied by third party tenants. Upon reaching stabilization, the Company has, for a period of one year, the exclusive right to (i) cause the joint venture to sell the property or (ii) cause the Company’s and MRP’s percentage interests in the joint venture to be adjusted so as to take into account the value of the development at the time of stabilization.

The attainment of stabilization also results in a change of control for accounting purposes as the veto rights of the minority shareholder lapsed and the Company became the primary beneficiary. As such, beginning July 1, 2017, the Company will consolidate the assets (at current fair value), liabilities and operating results of the joint venture This consolidation will have a material impact on the Company’s balance sheet as the Company is required to recognize the fair value of the assets and record the related debt of the joint venture.

The company is in process of obtaining an opinion of fair value of the assets of the joint venture and finalizing the accounting entries to effect the consolidation, including an anticipated increase in net assets of $139 million, increase in liabilities of approximately $93 million and increase in net equity of approximately $46 million including an estimated gain upon the consolidation which may range from $20 million to $25 million depending upon the ultimate fair value determination.

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL

CONDITION AND RESULTS OF OPERATIONS

The following discussion includes certain non-GAAP financial measures (“adjusted”) within the meaning of Regulation G promulgated by the Securities and Exchange Commission (“Regulation G”) to supplement the financial results as reported in accordance with GAAP. Post Spin-off we are reporting any net gain/(loss) from the transportation business as “discontinued operations” and we currently have no other discontinued operations being reported. GAAP accounting rules do not allow corporate overhead expenses to be allocated to a discontinued operation of the Company; thus, those corporate expenses attributable to the transportation business prior to the spin-off are charged to the Company as part of continuing operations. The non-GAAP financial measures discussed below are adjusted income from continuing operations and adjusted consolidated operating profit. These non-GAAP financial measures exclude the corporate management fees attributable to the transportation business prior to the spin-off that are not allocable to the transportation business due to it being a discontinued operation. The Company uses these metrics to analyze its continuing operations and to monitor, assess, and identify meaningful trends in its operating and financial performance. These measures are not, and should not be viewed as, substitutes for GAAP financial measures. Refer to “Non-GAAP Financial Measures” below in this quarterly report for a more detailed discussion, including reconciliations of these non-GAAP financial measures to their most directly comparable GAAP financial measures.

Overview - FRP Holdings, Inc. (“FRP” or the “Company”) is a holding company engaged in the real estate business, namely (i) warehouse/office building ownership, leasing and management, (ii) mining royalty land ownership and leasing and (iii) land acquisition, entitlement and development primarily for future warehouse/office or residential building construction.

The Company’s operations are influenced by a number of external and internal factors. External factors include levels of economic and industrial activity in the United States and the Southeast, construction activity and costs, aggregates sales by lessees from the Company’s mining properties, interest rates, market conditions in the Baltimore/Northern Virginia/Washington DC area, and our ability to obtain zoning and entitlements necessary for property development. Internal factors include administrative costs and group health claims experience.

Potential REIT Conversion.

Whether through strategic acquisitions, organic growth, joint ventures, or putting our non-income producing land to work, our constant aim is to create and grow shareholder value. To that end, we have for some time explored the possibility of converting this company into a Real Estate Investment Trust (REIT), with the idea that this may be a more efficient structure given the nature of our business. Though no final decision has been made, in order to have the option to convert to a REIT in 2017, the Company has already elected to change from our previous fiscal year (ending September 30), to a fiscal year that follows the calendar year as is required of a REIT. This change went into effect January 1, 2017 and will require one-time additional auditing expenses of $120,000 which will be reflected in fiscal year 2017. Thus, this past quarter, and every quarter ended June 30 will now be the second quarter of our fiscal year. Finally, consistent with having the option to elect REIT status, we have contributed our mining reserves into a wholly owned subsidiary. Because the parent company still retains control of the land itself, the portion of the mining royalties’ income that is not attributable to the reserves, but instead more closely resembles ground rents, will be retained by the parent company and will qualify as “REIT-able” income. The subsidiary will receive only the income attributable to the reserves it now controls. This structure is intended to assure that we will meet the asset and income tests applicable to REITs. These preliminary steps will not have a material impact on our operations if the Company does not elect REIT status.

Asset Management Segment.

The Asset Management segment owns, leases and manages warehouse/office buildings located predominately in the

Baltimore/Northern Virginia/Washington, DC market area. We focus primarily on owning flexible type facilities that cater to the maximum number of tenant types. As most of our buildings are less than 150,000 square feet, we focus on local and regional vs. national tenants. Hands-on service provided by our in-house construction and property management teams keeps us close to our tenant base. These practices are the cornerstone of our mission to provide the highest quality product and services at competitive rates resulting in tenant satisfaction and ultimately, retention.

These assets create revenue and cash flows through tenant rental payments, lease management fees and reimbursements for building operating costs. The major cash outlays incurred in this segment are for operating expenses, real estate taxes, building repairs, lease commissions and other lease closing costs, construction of tenant improvements, capital to acquire existing operating buildings and closing costs related thereto and personnel costs of our property management team. Of the 43 buildings we own today, 28 were constructed by the Company through what is now known as our Land Development and Construction segment. Additionally, over the years, we have opportunistically acquired 15 existing operating buildings, typically in connection with a deferred like-kind (Section 1031) exchange opportunity. Today, this segment consists of 4 million square feet.

Management focuses on several factors to measure our success on a comparative basis in this segment. The major factors we focus on are (1) revenue growth, (2) net operating income, (3) growth in occupied square feet, (4) actual occupancy rate, (5) average annual occupied square feet, (6) average annual occupancy rate (defined as the occupied sf at the end of each month during a fiscal year divided by the number of months to date in that fiscal year as a percentage of the average number of square feet in the portfolio over that same time period), (7) growth of our portfolio (in square feet), and (8) tenant retention success rate (as a percentage of total square feet to be renewed).

Asset Management segment – six months ended	June 30, 2017	June 30, 2016
Revenues	$14,479,000	14,501,000
Net Operating Income (Cash Basis)	$11,101,000	10,927,000
Occupied square feet	3,459,473	3,319,891
Overall occupancy rate	86.8%	88.0%
Average annual occupied square feet	3,498,614	3,337,745
Average annual occupancy rate	89.0%	89.4%
Portfolio square feet	3,983,813	3,772,927
Retention Success rate	71%	64%

Mining Royalty Lands Segment.

Our Mining Royalty Lands segment owns several properties comprising approximately 15,000 acres currently under lease for mining rents or royalties (this does not include the 4,280 acres owned in our Brooksville joint venture with Vulcan Materials). Other than one location in Virginia, all of these properties are located in Florida and Georgia. The typical lease in this segment requires the tenant to pay us a royalty based on the number of tons of mined materials sold from our property during a given fiscal year multiplied by a percentage of the average annual sales price per ton sold. As a result of this royalty payment structure, we do not bear the cost risks associated with the mining operations, however, we are subject to the cyclical nature of the construction markets in these States as both volumes and prices tend to fluctuate through those cycles. In certain locations, typically where the reserves on our property have been depleted but the tenant still has a need for the leased land, we collect a fixed annual rental amount. We believe that the number of tons and the price per ton will rise on the aggregates under lease as construction continues to grow in Florida, Georgia, and Virginia which would positively benefit our profitability in this segment. Our mining properties had estimated remaining reserves of 415 million tons as of September 30, 2016 after a total of 6.9 million tons were consumed in fiscal 2016.

The major expenses in this segment are comprised of collection and accounting for royalties, management’s oversight of the mining leases, land entitlement for post-mining uses and property taxes at our non-leased locations and at our Grandin location which, unlike our other leased mining locations, are not paid by the tenant. As such, our costs in this

business are very low as a percentage of revenue, are relatively stable and are not affected by increases in production at our locations. Our current mining tenants include Vulcan Materials, Martin Marietta and Cemex, among others.

Additionally, these locations provide us with excellent opportunities for valuable “second lives” for these assets through proper land planning and entitlement.

Significant “2^nd life” Mining Lands:

Location	Acreage	Status
Brooksville, FL	4,280 +/-	Development of Regional of Impact and County Land Use and Master Zoning in place for 5,800 residential unit, mixed-use development
Ft. Myers, FL	1,993 +/-	Approval in place for 105, 1 acre, waterfront residential lots after mining completed.
Gulf Hammock, FL	1,600 +/-	Currently on the market for $4.5 million
Total	7,873 +/-

Land Development and Construction Segment.

Revenues in this segment are generated predominately from land sales and interim property rents. The significant cash outlays incurred in this segment are for land acquisition costs, entitlement costs, property taxes, design and permitting, the personnel costs of our in-house management team and horizontal and vertical construction costs.

Since 1990, one of our primary strategies in this segment has been to acquire, entitle and ultimately develop commercial/industrial business parks providing 5–15 building pads which we typically convert into warehouse/office buildings. To date, our management team has converted 28 of these pads into developed buildings that we continue to own and manage through the Asset Management segment. Our typical practice has been to transfer these assets to the Asset Management segment on the earlier to occur of (i) commencement of rental revenue or (ii) issuance of the certificate of occupancy. We have also opportunistically sold several of these pad sites over time to third party “users”.

The remaining pad sites in our inventory today are fully entitled, located in business parks in four different submarkets in the DC/Baltimore/Northern Virginia area, and can support an additional +/- 867,000 sf. of warehouse/office buildings.

Summary of Our Remaining Lot Inventory:

Location	Acreage	SF +/-	Status
Lakeside, MD	20	286,500	Horizontal development completed. Ready for vertical permitting.
Windlass Run Business Park, MD	17.5 (50% Interest)	164,500 (50% Interest)	Company owns a 50% in a joint venture formed in April 2016 with St. John Properties. The joint venture owns the 35 acres and plans to develop the land into 12 office buildings for a total of 329,000 sq. ft.
Patriot Business Center, Manassas, VA	18	96,047	Building permit process ongoing for the remaining 96,047 s.f. Includes 12 acres SWM.
Hollander 95 Business Park, MD	33	328,740	Horizontal development completed. Building permit process ongoing for 94,290 sf.
Total	88.5	875,787

Having sites ready for vertical construction has rewarded us in the past. It is the main reason why we were able to convert 3 of our finished pads at Patriot Business Park into build-to-suit opportunities in 2012, 2013 and 2014. We completed construction on a 103,448 square foot building at Patriot Business Park that was put into service in April 2017. We completed construction on a 79,550 square foot spec building at Hollander Business Park that was put into service in the third quarter of fiscal 2016. In April, 2016 we entered into a joint venture agreement to develop 12 office buildings on our remaining lots at Windlass Run and on adjacent frontage property owned by St. John Properties. We will continue to actively monitor these submarkets where we have lots ready for construction and take advantage of the opportunities presented to us.

In addition to the inventory of finished building lots, we have several other properties that were either spun-off to us from Florida Rock Industries in 1986 or acquired by us from unrelated 3rd parties. These properties, as a result of our “highest and best use” studies, are being prepared for income generation through sale or joint venture with third parties, and in certain cases we are leasing these properties on an interim basis for an income stream while we wait for the development market to mature.

Our strategy when selling parcels outright is to attempt to convert the proceeds into income producing real estate for our Asset Management segment through a Section 1031 tax-deferred exchange. An example of this is the Windlass Run 179 acre tract purchased for $5.2 million in 2002. When purchased, the entire parcel was zoned for commercial/industrial uses. Today, some 70 acres of this original tract makes up our Windlass Run Business Park. We successfully rezoned the remaining acreage for medium density residential development and on April 17, 2013, we entered into a contract to sell the residential portion of the property for $19 million. The first phase of the Windlass Run residential land was sold for $8 million and the proceeds were used in a Section 1031 exchange to acquire our Transit Business Park in 2013. Phase 2 was sold in November, 2015 for $11.1 million and we used $9.9 million of the proceeds to acquire the fully leased Port Capital Building.

An example of property in this segment being developed through joint venture is Phase I of our RiverFront on the Anacostia project which was contributed to a joint venture with MRP in 2014 to construct a 305 unit apartment building including 18,000 sf of ground floor retail.

Significant Investment Lands Inventory:

Location	Approx. Acreage	Status	NBV
RiverFront on the Anacostia Phase I	2.1	Phase I (as of 6/30/17) residential is 88.2% occupied and 92.5% leased.	$8,583,000
RiverFront on the Anacostia Phases II-IV	3.7	Phase II final design approval hearings ongoing.	$10,337,000
Hampstead Trade Center, MD	118	Residential conceptual design program ongoing.	$7,130,000
Square 664E,on the Anacostia River in DC	2	Under lease to Vulcan Materials as a concrete batch plant through 2021 with one 5 year renewal option.	$8,374,000
Total	126		$34,424,000

RIVERFRONT ON THE ANACOSTIA:

This property consists of 5.8 acres on the Anacostia River and is immediately adjacent to the Washington National’s baseball park in the SE Central Business District of Washington, DC. Once zoned for industrial use and under a ground lease, this property is no longer under lease and has been rezoned for the construction of approximately 1.1M square feet of “mixed-use” development in four phases. In 2014, approximately 2.1 acres (Phase I) of the total 5.8 acres was contributed to a joint venture owned by the Company (77%) and our partner, MRP Realty (23%), and construction commenced in October 2014 on a 305 unit residential apartment building with approximately 18,000 sq. ft. of first floor retail space. Lease up commenced in May 2016 and rent stabilization was achieved in the third quarter of 2017. Pre-

leasing activity for the 305 residential units commenced in late May of 2016 and as of June 30, the residential units were 88.2% occupied and 92.5% leased, while retail units remain 80.0% leased with just one space remaining. Phases II, III and IV are slated for residential, office, and hotel/residential buildings, respectively, all with permitted first floor retail uses. The company and MRP Realty executed a letter of intent in May 2016 and a Contribution Agreement in February 2017 to develop Phase II but the joint venture is not yet formed. In February, the D.C. Zoning Commission voted 5-0 in favor of the Planned Unit Development (PUD) of Phase II of our RiverFront on the Anacostia project. After formal publishing of the record and a 35 day appeal period we anticipate formal approval in the third quarter of this calendar year.

On August 24, 2015, in anticipation of commencing construction of the new Frederick Douglass bridge at a location immediately to the West of the existing bridge, the District of Columbia filed a Declaration of Taking for a total of 7,390 square feet of permanent easement and a 5,022 square foot temporary construction easement on land along the western boundary of the land that will ultimately hold Phase III and IV. Previously, the Company and the District had conceptually agreed to a land swap with no compensation that would have permitted the proposed new bridge, including construction easements, to be on property wholly owned by the District. As a result, the Planned Unit Development was designed and ultimately approved by the Zoning Commission as if the land swap would occur once the District was ready to move forward with the new bridge construction. In September 2016 the Company received $1,115,400 as settlement for the easement. The Company will continue to seek an agreement from the District that the existing bridge easement will terminate when the new bridge has been placed in service and the existing bridge has been removed. The Company’s position is that otherwise Phase IV will be adversely impacted and additional compensation or other relief will be due the Company.

HAMPSTEAD TRADE CENTER: We purchased this 118 acre tract in 2005 for $4.3 million in a Section 1031 exchange with plans of developing it as a commercial business park. The “great recession” caused us to reassess our plans for this property. As a result, Management has determined that the prudent course of action is to attempt to rezone the property for residential uses and sell the entire tract to another developer such that we can redeploy this capital into assets with more near-term income producing potential. In the fourth quarter of fiscal 2016, the Company received approval from the Town of Hampstead and has rezoned the property for residential use.

SQUARE 664E, WASHINGTON, DC

This property sits on the Anacostia River at the base of South Capitol Street in an area named Buzzard Point, approximately 1 mile down river from our RiverFront on the Anacostia property. The Square 664E property consists of approximately 2 acres and is currently under lease to Vulcan Materials for use as a concrete batch plant. The lease terminates on August 31, 2021 and Vulcan has the option to renew for one additional period of five (5) years. In the quarter ending December 31, 2014, the District of Columbia announced that it had selected Buzzard Point for the future site of the new DC United major league soccer stadium. The selected stadium location is separated from our property by just one small industrial lot. In March 2017 reconstruction of the bulkhead was completed at a cost of $4 million in anticipation of future high rise development.

Comparative Results of Operations for the Three months ended June 30, 2017 and 2016

Consolidated Results

	Three months ended
(dollars in thousands)	June 30,
	2017		2016		Change			%
Revenues:
Rental Revenue	$	6,222	$	6,082	$	140			2.3	%
Mining Royalty and rents		1,809		2,033		(224	)		-11.0	%
Revenue-Reimbursements		1,329		1,128		201			17.8	%
Total Revenues		9,360		9,243		117			1.3	%

Cost of operations:

Depreciation/Depletion/Amortization		2,202			2,066			136		6.6	%
Operating Expenses		1,002			974			28		2.9	%
Environmental remediation expense		—			2,000			(2,000	)	-100.0	%
Property Taxes		1,129			1,128			1		0.1	%
Mgmt Co Allocation-In		475			425			50		11.8	%
Corporate Expense		566			684			(118	)	-17.3	%
Total cost of operations		5,374			7,277			(1,903	)	-26.2	%

Total operating profit		3,986			1,966			2,020		102.7	%

Interest Expense		(371	)		(392	)		21		-5.4	%
Equity in loss of joint ventures		(806	)		(186	)		(620	)	333.3	%
Loss on investment land sold		—			(109	)		109		-100.0	%

Income before income taxes		2,809			1,279			1,530		119.6	%
Provision for income taxes		1,096			505			591		117.0	%

Net income	$	1,713		$	774		$	939		121.3	%

Net income for the second quarter of 2017 was $1,713,000 or $.17 per share versus $774,000 or $.08 per share in the same period last year. The increase is a result of a $2,000,000 environmental remediation expense during the same quarter last year offset by a $620,000 increase this year in equity in loss of joint ventures, primarily as a result of expenses and depreciation during the lease up of Phase I (Dock 79) of RiverFront. Total revenues were $9,360,000, up 1.3%, versus the same period last year. Consolidated total operating profit was up 102.7% as a result of the prior year’s $2,000,000 environmental remediation expense.

Asset Management Segment Results

Highlights of the Three Months ended June 30, 2017:

Total revenue was up $267,000, or 3.9%

	Three Months Ended June 30
(dollars in thousands)	2017		%			2016		%			Change			%

Rental revenue	$	6,008		83.5	%	$	5,952		85.9	%	$	56			0.9	%
Revenue-reimbursements		1,186		16.5	%		975		14.1	%		211			21.6	%

Total revenue		7,194		100.0	%		6,927		100.0	%		267			3.9	%

Depreciation, depletion and amortization		2,057		28.6	%		1,985		28.7	%		72			3.6	%
Operating expenses		923		12.8	%		774		11.2	%		149			19.3	%
Property taxes		788		10.9	%		668		9.6	%		120			18.0	%
Management company indirect		192		2.7	%		182		2.6	%		10			5.5	%
Corporate expense		321		4.5	%		354		5.1	%		(33	)		-9.3	%

Cost of operations		4,281		59.5	%		3,963		57.2	%		318			8.0	%

Operating profit	$	2,913		40.5	%	$	2,964		42.8	%	$	(51	)		-1.7	%

Total revenues in this segment were $7,194,000, up $267,000 or 3.9%, over the same period last year. Net Operating Income (NOI) in this segment for the second quarter was $5,412,000, compared to $5,485,000 in the same period last year, a decrease of 1.3%. That revenue increased while NOI decreased is primarily the result of an increase in reimbursable and non-reimbursable expenses. The reimbursable expenses increased revenue without increasing NOI, and the non-reimbursable expenses did nothing for revenue and adversely affected NOI. We ended the second quarter with total occupied square feet of 3,459,473 versus 3,319,891 at the end of the same period last year, an increase of 4.2% or 139,582 square feet. Our overall occupancy rate was 86.8%.

Depreciation and amortization expense increased primarily because of the completion of a 79,550 square foot warehouse at Hollander Business Park in April 2016 and a 103,448 square foot warehouse at Patriot Business Center in April of 2017.

Mining Royalty Lands Segment Results

Highlights of the Three Months ended June 30, 2017:

Mining Royalty and rents revenue were down $226,000, or 11.1%.

	Three Months Ended June 30
(dollars in thousands)	2017		%			2016		%

Mining Royalty and rents	$	1,809		98.7	%		2,035		98.8	%
Revenue-reimbursements		24		1.3	%		24		1.2	%

Total revenue		1,833		100.0	%		2,059		100.0	%

Depreciation, depletion and amortization		35		1.9	%		15		0.7	%
Operating expenses		39		2.1	%		45		2.2	%
Property taxes		58		3.2	%		59		2.9	%
Corporate expense		28		1.5	%		52		2.5	%

Cost of operations		160		8.7	%		171		8.3	%

Operating profit	$	1,673		91.3	%	$	1,888		91.7	%

Total revenues in this segment were $1,833,000, a decrease of 11%, versus $2,059,000 in the same period last year. This drop is due to $179,000 decrease in royalties at our Manassas, VA. quarry, a $74,000 decrease in royalties at our Tyrone, GA. location, as well as a $67,000 decrease in royalties at our Lake Sand, FL. location. Royalties are down in Manassas because of Vulcan’s mining a portion of the quarry not owned by the Company for two months this quarter. Vulcan should return to our portion for the remainder of the year. Royalties were down in Tyrone compared to last year because of excessive rainfall. As stated last quarter, royalties have fallen off in Lake Sand as a consequence of Vulcan having fully depleted our proven reserves there. Further capital expenditures would be required by our tenant to change their mining plan at Lake Sand and realize more than three million tons of possible reserves, which we do not anticipate any time soon. Total operating profit in this segment was $1,673,000, a decrease of $215,000 versus $1,888,000 in the same period last year.

Land Development and Construction Segment Results

Highlights of the Three Months ended June 30, 2017:

The Company continues to work with MRP Realty to develop Phase II of the Riverfront on the Anacostia.

Three Months ended June 30

(dollars in thousands)	2017			2016			Change

Rental revenue	$	214			130			84
Royalty and rents		—			(2	)		2
Revenue-reimbursements		119			129			(10	)

Total revenue		333			257			76

Depreciation, depletion and amortization		110			66			44
Operating expenses		40			155			(115	)
Environmental remediation expense		—			2,000			(2,000	)
Property taxes		283			401			(118	)
Management company indirect		283			243			40
Corporate expense		217			278			(61	)

Cost of operations		933			3,143			(2,210	)

Operating loss	$	(600	)		(2,886	)		2,286

The Land Development and Construction segment is responsible for (i) seeking out and identifying opportunistic purchases of income producing warehouse/office buildings, and (ii) developing our non-income producing properties into income production.

With respect to ongoing projects:

Our new spec building at Patriot Business Center was placed in service this quarter in April and is currently 49.9% occupied and 83.0% leased. It will be 100% leased and occupied in the third quarter

In February, the D.C. Zoning Commission voted 5-0 in favor of the Planned Unit Development (PUD) of Phase II of our RiverFront on the Anacostia project. After formal publishing of the record and a 35 day appeal period we anticipate formal approval in the third quarter of this calendar year

We are fully engaged in the formal process of seeking PUD entitlements for our 118 acre tract in Hampstead, Md

Finally, it has been nearly a year since we placed Dock 79 and its 305 residential units “in service.” As of June 30, the residential units were 88.20% occupied and 92.46% leased, while retail units remain 80.0% leased with just one space remaining. The project is currently above pro forma in effective rents and leasing absorption with residential stabilization achieved in the third quarter of 2017. However, because of operating losses and depreciation during the lease up of Phase I (Dock 79) of RiverFront on the Anacostia this quarter, equity in loss of joint ventures was $806,000 (including a loss of $10,000 in the Brooksville Joint Venture).

Comparative Results of Operations for the Six months ended June 30, 2017 and 2016

Consolidated Results

	Six months ended
(dollars in thousands)	June 30,
	2017		2016		Change			%
Revenues:
Rental Revenue	$	12,505	$	12,171	$	334			2.7	%
Mining Royalty and rents		3,548		3,789		(241	)		-6.4	%
Revenue-Reimbursements		2,629		2,898		(269	)		-9.3	%
Total Revenues		18,682		18,858		(176	)		-0.9	%

Cost of operations:
Depreciation/Depletion/Amortization		4,261			3,995			266		6.7	%
Operating Expenses		2,003			2,505			(502	)	-20.0	%
Environmental remediation expense		—			2,000			(2,000	)	-100.0	%
Property Taxes		2,191			2,270			(79	)	-3.5	%
Mgmt Co Allocation-In		944			921			23		2.5	%
Corporate Expense		1,893			1,692			201		11.9	%
Total cost of operations		11,292			13,383			(2,091	)	-15.6	%

Total operating profit		7,390			5,475			1,915		35.0	%

Interest income and other		—			1			(1	)	-100.0	%
Interest Expense		(619	)		(807	)		188		-23.3	%
Equity in loss of joint ventures		(1,577	)		(272	)		(1,305	)	479.8	%
Loss on investment land sold		—			(109	)		109		-100.0	%

Income before income taxes		5,194			4,288			906		21.1	%
Provision for income taxes		2,038			1,694			344		20.3	%

Net income	$	3,156		$	2,594		$	562		21.7	%

Net income for the first six months of 2017 was $3,156,000 or $.32 per share versus $2,594,000 or $.26 per share in the first six months last year. The increase is a result of a prior year $2,000,000 remediation expense offset by a $1,305,000 increase this year in equity in loss of joint ventures, primarily as a result of expenses and depreciation during the lease up of Phase I (Dock 79) of RiverFront. Total revenues were $18,682,000, down 0.9%, versus the first six months last year. Consolidated total operating profit was up 35%.

Asset Management Segment Results

Highlights of the Six Months ended June 30, 2017:

Rental revenue was up $201,000, or 1.7%

	Six Months Ended June 30
(dollars in thousands)	2017		%			2016		%			Change			%

Rental revenue	$	12,111		83.6	%	$	11,910		82.1	%	$	201			1.7	%
Revenue-reimbursements		2,368		16.4	%		2,591		17.9	%		(223	)		-8.6	%

Total revenue		14,479		100.0	%		14,501		100.0	%		(22	)		-0.2	%

Depreciation, depletion and amortization		4,022		27.8	%		3,820		26.3	%		202			5.3	%
Operating expenses		1,818		12.6	%		2,204		15.2	%		(386	)		-17.5	%
Property taxes		1,525		10.5	%		1,330		9.2	%		195			14.7	%
Management company indirect		379		2.6	%		406		2.8	%		(27	)		-6.7	%
Corporate expense		1,074		7.4	%		874		6.0	%		200			22.9	%

Cost of operations		8,818		60.9	%		8,634		59.5	%		184			2.1	%

Operating profit	$	5,661		39.1	%	$	5,867		40.5	%	$	(206	)		-3.5	%

Total revenues in this segment were $14,479,000, down $22,000 or 0.2%, over the first six months last year. The decrease in revenue is primarily due to lower snow removal reimbursements during the first quarter as a result of a milder 2017 winter. Given its nature as a reimbursement, snow removal is largely a pass through expense, and expenses were down a like amount. Net Operating Income in this segment for the first six months of 2017 was $11,101,000, compared to $10,927,000 in the first six months of 2016, an increase of 1.6%.

Depreciation and amortization expense increased primarily because of the purchase of the Gilroy Center in Baltimore County in July of 2016 and the completion of a 79,550 square foot warehouse at Hollander Business Park in April 2016 and a 103,448 square foot warehouse at Patriot Business Center in April of 2017.

Corporate expense increased due to a first quarter stock option modification expense of $191,000 and increased internal and external audit expense incurred as a result of the conversion from the previous fiscal year (ending September 30) to one that follows the calendar year.

Mining Royalty Lands Segment Results

Highlights of the Six Months ended June 30, 2017:

Mining Royalty and rents revenue were down $243,000, or 6.4%.

	Six Months Ended June 30
(dollars in thousands)	2017		%			2016		%

Mining Royalty and rents	$	3,548		98.7	%		3,791		98.8	%
Revenue-reimbursements		47		1.3	%		46		1.2	%

Total revenue		3,595		100.0	%		3,837		100.0	%

Depreciation, depletion and amortization		74		2.1	%		46		1.2	%
Operating expenses		78		2.2	%		84		2.2	%
Property taxes		117		3.2	%		118		3.1	%
Corporate expense		94		2.6	%		127		3.3	%

Cost of operations		363		10.1	%		375		9.8	%

Operating profit	$	3,232		89.9	%	$	3,462		90.2	%

Total revenues in this segment were $3,595,000, a decrease of 6.3%, versus $3,837,000 in the first six months last year. This drop is largely due to a $133,000 decrease in royalties at our Manassas, VA. location, a $130,000 decrease at our Tyrone, GA. location, and a $156,000 decrease in royalties at our Lake Sand, FL. location. Royalties are down in Manassas because of Vulcan’s mining a portion of the quarry not owned by the Company for two months this past quarter. Vulcan should return to our portion for the remainder of the year. Royalties were down in Tyrone compared to last year because of excessive rainfall this past quarter. As stated last quarter, royalties have fallen off in Lake Sand as a consequence of Vulcan having fully depleted our proven reserves there. Further capital expenditures would be required by our tenant to change their mining plan at Lake Sand and realize more than three million tons of possible reserves, which we do not anticipate any time soon. Total operating profit in this segment was $3,232,000, a decrease of $230,000 versus $3,462,000 in the first six months last year.

Land Development and Construction Segment Results

Highlights of the Six Months ended June 30, 2017:

The Company continues to work with MRP Realty to develop Phase II of the Riverfront on the Anacostia.

	Six Months ended June 30
(dollars in thousands)	2017			2016			Change

Rental revenue	$	394			261			133
Royalty and rents		—			(2	)		2
Revenue-reimbursements		214			261			(47	)

Total revenue		608			520			88

Depreciation, depletion and amortization		165			129			36
Operating expenses		107			217			(110	)
Environmental remediation expense		—			2,000			(2,000	)
Property taxes		549			822			(273	)
Management company indirect		565			515			50
Corporate expense		725			691			34

Cost of operations		2,111			4,374			(2,263	)

Operating loss	$	(1,503	)		(3,854	)		2,351

With respect to ongoing projects:

Our new spec building at Patriot Business Center was placed in service this quarter in April and is currently 49.9% occupied and 83.0% leased. It will be 100% leased and occupied in the third quarter

We are fully engaged in the formal process of seeking PUD entitlements for our 118 acre tract in Hampstead, Md

During the first quarter, we completed construction of the bulkhead at our 664E property on the Anacostia ahead of schedule and under budget.

Finally, it has been nearly a year since we placed Dock 79 and its 305 residential units “in service.” As of June 30, the residential units were 88.20% occupied and 92.46% leased, while retail units remain 80.0% leased with just one space remaining. The project is currently above pro forma in effective rents and leasing absorption with residential stabilization achieved in the third quarter of 2017. However, because of operating losses and depreciation during the lease up of Phase I (Dock 79) of RiverFront on the Anacostia this quarter, equity in loss of joint ventures was $1,577,000 (including a loss of $19,000 in the Brooksville Joint Venture).

Liquidity and Capital Resources. The growth of the Company’s businesses requires significant cash needs to acquire and develop land or operating buildings and to construct new buildings and tenant improvements. As of June 30, 2017, we had $5,733,000 borrowed under our $20 million Wells Fargo revolver, $2,266,000 outstanding under letters of credit and $12,001,000 available to borrow under the revolver. The Company closed on a $20 million secured revolver with First Tennessee Bank on July 24, 2015 and as of June 30, 2017, we had $622,000 borrowed and $19,378,000 available to borrow under the revolver. First Tennessee has also committed to provide an additional $20 million of secured financing to the Company on a ten year term loan amortizing on a twenty five (25) year basis. We expect to

close on this second loan with First Tennessee during 2017.

Cash Flows - The following table summarizes our cash flows from operating, investing and financing activities for each of the periods presented (in thousands of dollars):

		Six months
		Ended June 30,
		2017		2016
Total cash provided by (used for):
Operating activities	$	8,986			7,852
Investing activities		(8,375	)		563
Financing activities		(611	)		(4,946	)
Increase in cash and cash equivalents	$	—			3,469

Outstanding debt at the beginning of the period	$	40,745			42,099
Outstanding debt at the end of the period	$	38,262			37,081

Operating Activities - Net cash provided by operating activities increased $1,134,000 to $8,986,000 for the six months ended June 30, 2017. The total of net income plus depreciation, depletion and amortization less gains on sales of property and equipment increased $779,000 versus the same period last year. These changes are described above under “Comparative Results of Operations”. Equity in the loss of joint ventures was $1,577,000 in the first six months of 2017 primarily as a result of expenses and depreciation during the lease up of Dock 79. Deferred income tax liabilities increased by $3,992,000 primarily due to bonus depreciation on Phase I (Dock 79) of RiverFront. Income tax receivable was $2,926,000 at June 30, 2017 compared to income tax payable of $887,000 at December 31, 2016 resulting in a negative impact to net cash provided by operating activities of $3,813,000 also primarily due to the bonus depreciation on Dock 79.

Investing Activities - For the six months ended June 30, 2017, cash required by investing activities increased $8,938,000 to $8,375,000.

Financing Activities – For the six months ended June 30, 2017, cash required by financing activities was $611,000 versus $4,946,000 in 2016 primarily due to higher borrowing on the revolver and higher exercises of employee stock options.

Credit Facilities - On January 30, 2015, in connection with the Spin-off, the Company terminated its $55 million credit facility entered with Wells Fargo Bank, N.A. in 2012 and simultaneously entered into a new five year credit agreement with Wells Fargo with a maximum facility amount of $20 million (the "Credit Agreement"). The Credit Agreement provides a revolving credit facility (the “Revolver”) with a $10 million sublimit available for standby letters of credit. At the time of the Spin-off, the Company refinanced $10,483,000 of borrowings then outstanding on the terminated revolver. As of June 30, 2017, there was $5,733,000 outstanding on the revolver and $2,266,000 outstanding under letters of credit and $12,001,000 available for borrowing. The letters of credit were issued to guarantee certain obligations to state agencies related to real estate development. Most of the letters of credit are irrevocable for a period of one year and typically are automatically extended for additional one-year periods. The Revolver bears interest at a rate of 1.4% over the selected LIBOR, which may change quarterly based on the Company’s ratio of Consolidated Total Debt to Consolidated Total Capital, as defined. A commitment fee of 0.15% per annum is payable quarterly on the unused portion of the commitment. The commitment fee may also change quarterly based upon the ratio described above. The credit agreement contains certain conditions and financial covenants, including a minimum $110 million tangible net worth. As of June 30, 2017, the tangible net worth covenant would have limited our ability to pay dividends or repurchase stock with borrowed funds to a maximum of $76.6 million combined. The Company was in compliance with all covenants as of June 30, 2017.

During the first quarter of fiscal 2015, the Company announced the execution of a commitment from First Tennessee Bank to provide up to $40 million dollars of mortgage backed financing in two separate facilities. On July 24, 2015 the Company closed on a five year, $20 million secured revolver with a twenty-four month window to convert up to the full amount of the facility into a ten year term loan. Interest accrues at 1.90% over one month LIBOR plus an annual

commitment fee of 0.10%. As of June 30, 2017, there was $622,000 outstanding on the revolver and $19,378,000 available for borrowing. The second facility is a $20 million ten year term loan secured by to-be-determined collateral. The purpose of these loans is to facilitate growth through new construction in the Land Development and Construction segment and/or acquisition of existing, operating buildings to be added to the Asset Management segment.

Cash Requirements – The Board of Directors has authorized Management to repurchase shares of the Company’s common stock from time to time as opportunities arise. During the six months ended June 30, 2017 the Company repurchased 2,000 shares of stock. As of June 30, 2017, $4,883,000 was authorized for future repurchases of common stock. The Company does not currently pay any cash dividends on common stock.

The Company currently expects its 2017 capital expenditures to include approximately $19,600,000 for real estate development and acquisitions, of which $8,139,000 has been expended to date, which will be funded mostly out of cash generation from operations and property sales or partly from borrowings under our credit facilities.

REIT Conversion – If we elect REIT status, we would be required to distribute to our shareholders an amount equal to at least 90% of our REIT taxable income, determined without regard to the dividends paid deduction and excluding any net capital gains. If we elect REIT status for the 2017 calendar year, we would expect to commence paying regular distributions in 2018. The amount, timing and frequency of future distributions, however, will be at the sole discretion

of our Board of Directors and will be declared based upon various factors, many of which are beyond our control, including, our financial condition and operating cash flows, the amount required to maintain REIT status and reduce any income and excise taxes that we otherwise would be required to pay, limitations on distributions in our existing and future debt instruments, limitations on our ability to fund distributions using cash generated through taxable REIT subsidiaries and other factors that our Board of Directors may deem relevant.

We currently operate as a C corporation. A REIT is not permitted to retain earnings and profits (“E&P”) accumulated during the periods when the company or its predecessor was taxed as a C corporation. If we elect REIT status for the year ending December 31, 2017, we would issue a special distribution to our shareholders of accumulated earnings and profits on or prior to December 31, 2017 (the “E&P Distribution”). The E&P Distribution would be taxable to our shareholders. We have not yet determined the amount of our accumulated earnings and profits. We anticipate that the E&P Distribution would be made in the form of 75% FRP common stock and 25% cash, although no decision has been made as to the composition of any E&P Distribution. The timing of the planned E&P Distribution, which may or may not occur, may be affected by potential changes in tax law, the completion of various phases of the REIT conversion process and other factors beyond our control.

Summary and Outlook. As mentioned last quarter, we were informed by Vulcan Materials Company that Lee County issued Vulcan a Mine Operating Permit (MOP) for our section of their operations in Ft. Myers, the last of the permits required to begin mining this property. This action is the culmination of over twenty years of work to get this property fully entitled and allows Vulcan to begin production immediately. Vulcan has now begun mining at this location. While production in our third quarter will be offset by prepaid royalties, going forward, Vulcan’s ability to finally realize the reserves at this site should positively impact revenue and income as it creates an opportunity to collect more than the minimums from this location.

During the remainder of this year, we expect to reach residential stabilization of Phase I (Dock 79) of RiverFront on the Anacostia and continue pre-development activities for Phase II with the expectation that we will break ground in the last quarter of this year or the first quarter of 2018. Our biggest decision this year will be whether or not to convert this company into a Real Estate Investment Trust. As mentioned previously, we have taken steps to ensure that we at least have the option. Any changes in the federal tax code will factor into our analysis of the costs and benefits of REIT status.

Subsequent Event. In our recent month ending July 31, 2017, Phase I (Dock 79) of the development known as RiverFront on the Anacostia in Washington, D.C., a 300,000 square foot residential apartment building developed by a joint venture between the Company and MRP SE Waterfront Residential, LLC (“MRP”), reached stabilization, meaning 90% of the individual apartments have been leased and are occupied by third party tenants. Upon reaching stabilization, the Company has, for a period of one year, the exclusive right to (i) cause the joint venture to sell the

property or (ii) cause the Company’s and MRP’s percentage interests in the joint venture to be adjusted so as to take into account the value of the development at the time of stabilization.

Non-GAAP Financial Measures.

To supplement the financial results presented in accordance with GAAP, FRP presents certain non-GAAP financial measures within the meaning of Regulation G promulgated by the Securities and Exchange Commission. The non-GAAP financial measure included in this quarterly report are net operating income (NOI). FRP uses these non-GAAP financial measures to analyze its continuing operations and to monitor, assess, and identify meaningful trends in its operating and financial performance. These measures are not, and should not be viewed as, substitutes for GAAP financial measures.

Net Operating Income Reconciliation
Three months ended 06/30/17 (in thousands)

	Asset	Land		Mining	FRP
	Management	Development		Royalties	Holdings
	Segment	Segment		Segment	Totals

Income (loss) from continuing operations	1,552	(853	)	1,014	1,713
Income Tax Allocation	990	(543	)	649	1,096
Inc. (loss) from continuing operations before income taxes	2,542	(1,396	)	1,663	2,809

Less:
Lease intangible rents	1	—
Unrealized rents	70	—

Plus:
Equity in loss of Joint Venture	—	796
Interest Expense	371	—
Depreciation/Amortization	2,057	110
Management Co. Indirect	192	283
Allocated Corporate Expenses	321	217

Net Operating Income (loss)	5,412	10

Net Operating Income Reconciliation
Three months ended 06/30/16 (in thousands)

	Asset	Land		Mining	FRP
	Management	Development		Royalties	Holdings
	Segment	Segment		Segment	Totals

Income (loss) from continuing operations	1,556	(1,927	)	1,145	774
Income Tax Allocation	1,016	(1,259	)	748	505
Inc. (loss) from continuing operations before income taxes	2,572	(3,186	)	1,893	1,279

Less:
Lease intangible rents	5	—
Plus:
Unrealized rents	5	—
Equity in loss of Joint Venture	—	176
Loss on investment land sold	—	124
Interest Expense	392	—
Depreciation/Amortization	1,985	66
Management Co. Indirect	182	243
Allocated Corporate Expenses	354	278

Net Operating Income (loss)	5,485	(2,299	)

Net Operating Income Reconciliation
Six months ended 06/30/17 (in thousands)

	Asset	Land		Mining	FRP
	Management	Development		Royalties	Holdings
	Segment	Segment		Segment	Totals

Income (loss) from continuing operations	3,064	(1,860	)	1,952	3,156
Income Tax Allocation	1,978	(1,201	)	1,261	2,038
Inc. (loss) from continuing operations before income taxes	5,042	(3,061	)	3,213	5,194

Less:
Lease intangible rents	4	—
Unrealized rents	31	—
Plus:
Equity in loss of Joint Venture	—	1,558
Interest Expense	619	—
Depreciation/Amortization	4,022	165
Management Co. Indirect	379	565
Allocated Corporate Expenses	1,074	725

Net Operating Income (loss)	11,101	(48	)

Net Operating Income Reconciliation
Six months ended 06/30/16 (in thousands)

	Asset	Land		Mining	FRP
	Management	Development		Royalties	Holdings
	Segment	Segment		Segment	Totals

Income (loss) from continuing operations	3,061	(2,558	)	2,091	2,594
Income Tax Allocation	1,999	(1,669	)	1,364	1,694
Inc. (loss) from continuing operations before income taxes	5,060	(4,227	)	3,455	4,288

Less:
Lease intangible rents	9	—
Other income	—	1
Unrealized rents	31	—
Plus:
Equity in loss of Joint Venture	—	251
Loss on investment land sold	—	124
Interest Expense	807	—
Depreciation/Amortization	3,820	129
Management Co. Indirect	406	515
Allocated Corporate Expenses	874	691

Net Operating Income (loss)	10,927	(2,518	)

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISKS

Interest Rate Risk - We are exposed to the impact of interest rate changes through our variable-rate borrowings under Credit Agreements with Wells Fargo and First Tennessee Bank.

Under the Wells Fargo Credit Agreement, the applicable spread for borrowings at June 30, 2017 was 1.4% over libor. The applicable spread for such borrowings will be increased in the event that our debt to capitalization ratio as calculated under the Wells Fargo Credit Agreement Facility exceeds a target level.

The applicable borrowing spread above libor at June 30, 2017 with First Tennessee Bank was 1.9%.

At June 30, 2017 a 1% increase in the current per annum interest rate would result in $57,330 of additional interest expense during the next 12 months under the Wells Fargo Credit Agreement. The foregoing calculation assumes an instantaneous 1% increase in the rates under the Credit Agreement and that the principal amount under the Credit Agreement is the amount outstanding as of June 30, 2017. The calculation, therefore, does not account for the differences in the market rates upon which the interest rates of our indebtedness are based or possible actions, such as prepayment, which we may take in response to any rate increase.

ITEM 4. CONTROLS AND PROCEDURES

CONCLUSION REGARDING THE EFFECTIVENESS OF DISCLOSURE CONTROLS AND PROCEDURES

The Company maintains disclosure controls and procedures that are designed to ensure that information required to be disclosed in the Company’s reports under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to management, including the Company’s Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”), as appropriate, to allow timely decisions regarding required disclosure.

The Company also maintains a system of internal accounting controls over financial reporting that are designed to provide reasonable assurance to the Company’s management and Board of Directors regarding the preparation and fair presentation of published financial statements.

All control systems, no matter how well designed, have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable assurance of achieving the desired control objectives.

As of June 30, 2017, the Company, under the supervision and with the participation of the Company's management, including the CEO, CFO and CAO, carried out an evaluation of the effectiveness of the design and operation of the Company's disclosure controls and procedures. Based on this evaluation, the Company’s CEO, CFO and CAO concluded that the Company's disclosure controls and procedures are effective in alerting them in a timely manner to material information required to be included in periodic SEC filings.

There have been no changes in the Company’s internal controls over financial reporting during our most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.

PART II. OTHER INFORMATION

Item 1A.

RISK FACTORS

In addition to the other information set forth in this report and the Risks related to our potential REIT election, you should carefully consider the factors discussed in Part I, “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended September 30, 2016, which could materially affect our business, financial condition or future results. The risks described in our Annual Report on Form 10-K are not the only risks facing our Company. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition and/or operating results.

Item 2. PURCHASES OF EQUITY SECURITIES BY THE ISSUER

(c)

Total

Number of

(d)

Purchased

Approximate

(a)

As Part of

Dollar Value of

Total

(b)

Publicly

Shares that May

Number of

Average

Announced

Yet Be Purchased

Price Paid

Plans or

Under the Plans

Period

Purchased

per Share

Programs

or Programs (1)

April 1

Through

April 30

—

4,883,000

May 1

Through

May 31

—

4,883,000

June 1

Through

June 30

—

4,883,000

Total

—

(1) On February 4, 2015, the Board of Directors authorized management to expend up to $5,000,000 to repurchase shares of the Company’s common stock from time to time as opportunities arise.

Item 6. EXHIBITS

(a)

Exhibits. The response to this item is submitted as a separate Section entitled "Exhibit Index", on page 34.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.

		FRP Holdings, Inc.


Date: August 8, 2017	By	JOHN D. BAKER II
		John D. Baker II
		Chief Executive Officer
		(Principal Executive Officer)


	By	JOHN D. MILTON, JR.
		John D. Milton, Jr.
		Executive Vice President, Treasurer,
		Secretary and Chief Financial Officer
		(Principal Financial Officer)


	By	JOHN D. KLOPFENSTEIN
		John D. Klopfenstein
		Controller and Chief Accounting
		Officer (Principal Accounting Officer)

FRP HOLDINGS, INC.

FORM 10-Q FOR THE THREE MONTHS ENDED JUNE 30, 2017

EXHIBIT INDEX

(14)	Financial Code of Ethical Conduct between the Company, Chief Executive Officers and Financial Managers, as revised on January 28, 2004, which is available on the Company’s website at www.frpholdings.com.
(31)(a)	Certification of John D. Baker II.
(31)(b)	Certification of John D. Milton, Jr.
(31)(c)	Certification of John D. Klopfenstein.
(32)	Certification of Chief Executive Officer, Chief Financial Officer, and Chief Accounting Officer under Section 906 of the Sarbanes-Oxley Act of 2002.

101.INS	XBRL Instance Document
101.XSD	XBRL Taxonomy Extension Schema
101.CAL	XBRL Taxonomy Extension Calculation Linkbase
101.DEF	XBRL Taxonomy Extension Definition Linkbase
101.LAB	XBRL Taxonomy Extension Label Linkbase
101.PRE	XBRL Taxonomy Extension Presentation Linkbase

EX-31 2 frphex31a.htm CEO CERTIFICATION

CERTIFICATIONS Exhibit 31(a)

I, John D. Baker II, certify that:

I have reviewed this report on Form 10-Q of FRP Holdings, Inc.;

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

designed such disclosure controls and procedures, or caused such disclosure controls to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosures controls and procedures, as of the end of the period covered by this report based on such evaluation; and

disclosed in this report any changes in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial report; and

The registrant’s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

all significant deficiencies in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 8, 2017 /s/John D. Baker II

Chief Executive Officer

EX-31 3 frphex31b.htm CFO CERTIFICATION

CERTIFICATIONS Exhibit 31(b)

I, John D. Milton, Jr., certify that:

I have reviewed this report on Form 10-Q of FRP Holdings, Inc.;

any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 8, 2017 /s/John D. Milton, Jr.

Executive Vice President, Treasurer,

Secretary and Chief Financial Officer

EX-31 4 frphex31c.htm CAO CERTIFICATION

CERTIFICATIONS Exhibit 31(c)

I, John D. Klopfenstein, certify that:

I have reviewed this report on Form 10-Q of FRP Holdings, Inc.;

any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 8, 2017 /s/John D. Klopfenstein

Controller and Chief Accounting Officer

EX-32 5 frphex32.htm CERTIFICATION UNDER SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

Exhibit 32

CERTIFICATION UNDER SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, each of the undersigned certifies that this periodic report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 and that information contained in this periodic report fairly presents, in all material respects, the financial condition and results of operations of FRP Holdings, Inc.

		FRP Holdings, Inc.


Date: August 8, 2017	By	/s/JOHN D. BAKER II
		John D. Baker II
		Chief Executive Officer
		(Principal Executive Officer)


	By	/s/JOHN D. MILTON, JR.
		John D. Milton, Jr.
		Executive Vice President, Treasurer,
		Secretary and Chief Financial Officer
		(Principal Financial Officer)


	By	/s/JOHN D. KLOPFENSTEIN
		John D. Klopfenstein
		Controller and Chief Accounting
		Officer (Principal Accounting Officer)

A signed original of this written statement required by Section 906 has been provided to FRP Holdings, Inc. and will be retained by FRP Holdings, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

The foregoing certification accompanies the issuer’s Quarterly report on Form 10-Q and is not filed as provided in SEC Release Nos. 33-8212, 34-4751 and IC-25967, dated June 30, 2003.

10-Q 6 frphjunq17.pdf COMPLIMENTARY PDF begin 644 frphjunq17.pdf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�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frph-20170630.xml XBRL INSTANCE FILE 0000844059 2017-01-01 2017-06-30 0000844059 2017-06-30 0000844059 2016-06-30 0000844059 us-gaap:MiningPropertiesAndMineralRightsMember 2017-01-01 2017-06-30 0000844059 us-gaap:MiningPropertiesAndMineralRightsMember 2017-06-30 0000844059 us-gaap:MiningPropertiesAndMineralRightsMember 2016-12-31 0000844059 us-gaap:CorporateMember 2017-06-30 0000844059 us-gaap:CorporateMember 2016-12-31 0000844059 FRPH:MiningTopCustomerMember 2017-06-30 0000844059 FRPH:MiningTopCustomerMember 2017-01-01 2017-06-30 0000844059 us-gaap:MiningPropertiesAndMineralRightsMember 2016-01-01 2016-06-30 0000844059 FRPH:RiverfrontIJointVentureMember 2017-01-01 2017-06-30 0000844059 FRPH:RiverfrontIJointVentureMember 2016-12-31 0000844059 FRPH:BrooksvilleJointVentureMember 2016-12-31 0000844059 FRPH:RiverfrontIJointVentureMember 2017-06-30 0000844059 FRPH:BrooksvilleJointVentureMember 2017-06-30 0000844059 FRPH:BrooksvilleJointVentureMember 2017-01-01 2017-06-30 0000844059 FRPH:PatriotTransportationMember 2017-01-01 2017-06-30 0000844059 FRPH:AssetManagement1Member 2017-01-01 2017-06-30 0000844059 FRPH:AssetManagement1Member 2016-01-01 2016-06-30 0000844059 FRPH:AssetManagement1Member 2017-06-30 0000844059 FRPH:AssetManagement1Member 2016-12-31 0000844059 FRPH:LandDevelopmentandConstructionMember 2017-01-01 2017-06-30 0000844059 FRPH:LandDevelopmentandConstructionMember 2016-01-01 2016-06-30 0000844059 FRPH:LandDevelopmentandConstructionMember 2017-06-30 0000844059 FRPH:LandDevelopmentandConstructionMember 2016-12-31 0000844059 FRPH:TotalSegmentsMember 2017-01-01 2017-06-30 0000844059 FRPH:TotalSegmentsMember 2016-01-01 2016-06-30 0000844059 FRPH:BrooksvilleJointVentureMember 2017-06-30 0000844059 FRPH:WellsFargoMember 2017-06-30 0000844059 FRPH:WellsFargoMember 2017-01-01 2017-06-30 0000844059 FRPH:FirstTennesseeMember 2017-06-30 0000844059 FRPH:FirstTennesseeMember 2017-01-01 2017-06-30 0000844059 FRPH:WellsFargoMember 2015-01-30 0000844059 FRPH:FirstTennesseeTermMember 2017-06-30 0000844059 FRPH:AssetManagementTopCustomerMember 2017-01-01 2017-06-30 0000844059 2016-04-01 2016-06-30 0000844059 FRPH:AssetManagement1Member 2016-04-01 2016-06-30 0000844059 us-gaap:MiningPropertiesAndMineralRightsMember 2016-04-01 2016-06-30 0000844059 FRPH:LandDevelopmentandConstructionMember 2016-04-01 2016-06-30 0000844059 FRPH:TotalSegmentsMember 2016-04-01 2016-06-30 0000844059 2016-01-01 2016-06-30 0000844059 FRPH:StJohnsMember 2016-03-31 0000844059 FRPH:StJohnsMember 2016-01-01 2016-03-31 0000844059 FRPH:BCFRPRealtyJointVentureMember 2017-06-30 0000844059 FRPH:BCFRPRealtyJointVentureMember 2017-01-01 2017-06-30 0000844059 FRPH:BCFRPRealtyJointVentureMember 2016-12-31 0000844059 FRPH:RiverfrontIJointVentureMember 2016-01-01 2016-06-30 0000844059 FRPH:FirstTennesseeMember 2015-07-24 0000844059 FRPH:RiverfrontIJointVentureMember 2014-08-08 0000844059 2016-12-31 0000844059 2015-12-31 0000844059 FRPH:JointVenturesMember 2017-06-30 0000844059 FRPH:JointVenturesMember 2016-12-31 0000844059 2016-10-01 2016-12-31 0000844059 FRPH:BCFRPRealtyJointVentureMember 2016-10-01 2016-12-31 0000844059 FRPH:BrooksvilleJointVentureMember 2016-10-01 2016-12-31 0000844059 FRPH:RiverfrontIJointVentureMember 2016-10-01 2016-12-31 0000844059 2015-10-01 2015-12-31 0000844059 2017-04-01 2017-06-30 0000844059 FRPH:AssetManagement1Member 2017-04-01 2017-06-30 0000844059 us-gaap:MiningPropertiesAndMineralRightsMember 2017-04-01 2017-06-30 0000844059 FRPH:LandDevelopmentandConstructionMember 2017-04-01 2017-06-30 0000844059 FRPH:TotalSegmentsMember 2017-04-01 2017-06-30 0000844059 FRPH:RiverfrontIJointVentureMember 2017-04-01 2017-06-30 0000844059 FRPH:RiverfrontIJointVentureMember 2016-04-01 2016-06-30 0000844059 us-gaap:SubsequentEventMember 2017-07-31 0000844059 us-gaap:ScenarioForecastMember 2017-07-01 2017-07-31 0000844059 FRPH:BCFRPRealtyJointVentureMember 2016-05-01 2016-05-31 0000844059 FRPH:RiverfrontIJointVentureMember 2012-03-30 0000844059 FRPH:RiverfrontIJointVentureMember 2013-06-01 2013-09-30 0000844059 FRPH:MRPMember 2013-06-01 2013-09-30 0000844059 FRPH:BrooksvilleJointVentureMember 2006-10-01 2006-12-31 0000844059 FRPH:BrooksvilleJointVentureMember 2006-10-04 0000844059 FRPH:VulcanMember 2006-10-04 0000844059 FRPH:VulcanMember 2006-10-01 2006-12-31 0000844059 FRPH:BCFRPRealtyJointVentureMember 2016-01-01 2016-03-31 0000844059 FRPH:BCFRPRealtyJointVentureMember 2016-03-31 0000844059 FRPH:RiverfrontIJointVentureMember 2013-06-30 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure FRPH:Years utr:acre utr:sqft FRPH:Segments FRPH:integer FRP HOLDINGS, INC. 0000844059 10-Q 2017-06-30 false --12-31 No No No Accelerated Filer 0 3469000 0 0 789000 710000 4370000 4562000 271210000 38990000 39259000 3343000 439000 179350000 169736000 49527000 57126000 266560000 1000000 991000 55211000 52647000 148261000 145168000 14000 14000 204486000 198820000 271210000 266560000 3548000 2033000 3789000 1809000 18682000 3595000 3837000 3086000 14479000 14501000 608000 520000 18682000 18858000 9243000 6927000 2059000 257000 9243000 18858000 0 9360000 7194000 1833000 333000 9360000 1760000 0 7390000 -427000 7390000 5475000 1966000 1966000 5475000 -313000 3986000 3986000 -196000 -223000 -1577000 -1558000 -19000 -186000 -272000 0 -1119000 0 -4000 -1115000 -806000 619000 1592000 619000 807000 392000 392000 807000 0 371000 371000 836000 0 5194000 1279000 4288000 2809000 2038000 505000 1694000 1096000 0.32 0.08 0.26 0.17 9948 9864 9858 9965 10019 9907 9900 10038 4398000 4109000 555000 32000 475000 33000 0.10 0.10 25000000 25000000 10002167 9914054 <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="7" style="vertical-align: bottom; layout-grid-mode: line; text-align: center">Three Months ended</td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="6" style="vertical-align: bottom; layout-grid-mode: line; text-align: center">Six Months ended</td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="7" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">June 30,</td> <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center">June 30,</td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2016</td> <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center">2017</td> <td style="vertical-align: bottom; padding-bottom: 1pt"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center">2016</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="width: 45%; layout-grid-mode: line">Stock option grants</td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">33</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 9%; layout-grid-mode: line; text-align: right">32</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; border-top: Black 1pt solid"> </td> <td style="width: 12%; border-top: Black 1pt solid; layout-grid-mode: line; text-align: right">110</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 10%; border-top: Black 1pt solid; layout-grid-mode: line; text-align: right">63</td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Annual director stock award</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">445</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">412</td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">33</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">32</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: Black 2.25pt double"> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">555</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">475</td> <td style="padding-bottom: 2.5pt"> </td></tr> </table> <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="2" style="layout-grid-mode: line">Weighted</td> <td colspan="2" style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line">Weighted</td> <td colspan="2" style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line">Weighted</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line">Number</td> <td style="layout-grid-mode: line"> </td> <td colspan="2" style="layout-grid-mode: line">Average</td> <td colspan="2" style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line">Average</td> <td colspan="2" style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line">Average</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line">Of</td> <td style="layout-grid-mode: line"> </td> <td colspan="2" style="layout-grid-mode: line">Exercise</td> <td colspan="2" style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line">Remaining</td> <td colspan="2" style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line">Grant Date</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Options</td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line">Shares</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; layout-grid-mode: line">Price</td> <td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line">Term (yrs)</td> <td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line">Fair Value(000's)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Outstanding at</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  January 1, 2017</td> <td> </td> <td style="layout-grid-mode: line; text-align: right">236,385</td> <td> </td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">25.35</td> <td> </td> <td colspan="2"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">6.1</td> <td> </td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">2,440</td> <td colspan="2"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">    Granted</td> <td> </td> <td style="layout-grid-mode: line; text-align: right">4,555</td> <td> </td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">37.55</td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">75</td> <td colspan="2"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">    Modification</td> <td> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td> </td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">30.21</td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">(137</td> <td colspan="2" style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">    Exercised</td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">(79,630</td> <td style="layout-grid-mode: line">)</td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">25.48</td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line">$</td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">(756</td> <td colspan="2" style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Outstanding at</td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td colspan="2"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  June 30, 2017</td> <td> </td> <td style="layout-grid-mode: line; text-align: right">161,310</td> <td> </td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">25.63</td> <td> </td> <td colspan="2"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">5.7</td> <td> </td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">1,622</td> <td colspan="2"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Exercisable at</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">  June 30, 2017</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">119,020</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">23.66</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">4.9</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">1,038</td> <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Vested during</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  six months ended</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">  June 30, 2017</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">26,839</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">223</td> <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> </table> 31907000 34080000 38262000 40745000 71 43 42 73 4555 79630 23.66 110000 32000 63000 33000 445000 0 412000 0 94000 127000 1074000 874000 725000 691000 1893000 1692000 354000 52000 278000 684000 321000 28000 217000 566000 0 106000 4788000 1234000 3351000 1090000 8139000 2430000 761000 102000 611000 1474000 3532000 0 878000 4410000 2191000 459000 1128000 2270000 0 1129000 240000 0 5 10 5 20000000 20000000 10000000 12001000 19378000 22422 72090 72090 13610 569917 2677000 3310000 376000 3.7 1347000 0 2000000 2000000 0 200000 0 0 0 0 15000 4280 5.82 4300 3240000 13500000 7500000 Q2 .7714 0.50 .7714 0.50 .50 0.50 .50 .7714 10002167 3992000 -1581000 -17000 -89000 -1460000 2681000 -3813000 -764000 8986000 7852000 236000 347000 2173000 2090000 10783000 3893000 11093000 6821000 2029000 184000 -611000 -4946000 0 3469000 79000 317000 (1) Description of Business and Basis of Presentation.   FRP Holdings, Inc. (“FRP” or the “Company”) is a holding company engaged in the real estate business, namely (i) warehouse/office building ownership, leasing and management, (ii) mining royalty land ownership and leasing and (iii) land acquisition, entitlement and development primarily for future warehouse/office or residential building construction.   The accompanying consolidated financial statements include the accounts of FRP Holdings, Inc. (the “Company” or “FRP”) inclusive of our operating real estate subsidiaries, FRP Development Corp. (“Development”) and Florida Rock Properties, Inc. (”Properties”). Our investment in the Brooksville joint venture, BC FRP Realty joint venture and Riverfront Investment Partners I, LLC are accounted for under the equity method of accounting (See Note 11). These statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the instructions to Form 10-Q and do not include all the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, all adjustments (primarily consisting of normal recurring accruals) considered necessary for a fair statement of the results for the interim periods have been included. Operating results for the six months ended June 30, 2017 are not necessarily indicative of the results that may be expected for the year ending December 31, 2017. The accompanying consolidated financial statements and the information included under the heading "Management's Discussion and Analysis of Financial Condition and Results of Operations" should be read in conjunction with the Company's consolidated financial statements and related notes included in the Company’s Form 10-K for the year ended September 30, 2016.   On December 19, 2016, the Company changed its fiscal year end from September 30 to December 31. The quarter ended December 31, 2016 was a transition period. (2) Recently Issued Accounting Standards. In February 2016, the FASB issued ASU No. 2016-02, “Leases”, which requires lessees to recognize a right-to-use asset and a lease obligation for all leases. Lessees are permitted to make an accounting policy election to not recognize an asset and liability for leases with a term of twelve months or less. Additional qualitative and quantitative disclosures, including significant judgments made by management, will be required. Lessors will account for leases using an approach that is substantially equivalent to existing accounting standards. The new standard will become effective for the Company beginning with the first quarter 2020 and requires a modified retrospective transition approach and includes a number of practical expedients. Early adoption of the standard is permitted. As the Company is primarily a lessor the adoption of this guidance is not expected to have a material impact on its financial statements.   In March 2016, the FASB issued ASU No. 2016-09, “Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting”. The ASU includes multiple provisions intended to simplify various aspects of the accounting for share-based payments. Excess tax benefits for share-based payments are recorded as a reduction of income taxes and reflected in operating cash flows upon the adoption of this ASU. Excess tax benefits were recorded in equity and as financing activity prior to adoption of this ASU. In addition, the guidance allows for a policy election to account for forfeitures as they occur rather than on an estimated basis. This guidance is effective for annual and interim reporting periods of public entities beginning after December 15, 2016 with early adoption permitted. The Company adopted this guidance prospectively as of October 1, 2016. As a result of this adoption in the first six months of 2017 we recorded a $14,000 reduction of income tax expense from excess tax benefits on stock option exercises.   In January 2017, the FASB issued ASU No. 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business”, to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions of assets or businesses. To be considered a business, an acquisition would have to include an input and a substantive process that together significantly contribute to the ability to create outputs. The new guidance provides a framework to evaluate when an input and a substantive process are present. To be a business without outputs, there will now need to be an organized workforce. ASU 2017-01 further states that when substantially all of the fair value of gross assets acquired is concentrated in a single asset (or a group of similar assets), the assets acquired would not represent a business. The amendments in the update are effective for the Company’s financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those years. Early adoption is permitted. The Company is currently evaluating the amendments from this Update, but expects it to change the treatment of building acquisitions from being considered a business to being considered an asset. This change will result in acquisition costs being capitalized as part of the asset acquisition, whereas current treatment has them recognized in earnings in the period incurred. (3) Business Segments. The Company is reporting its financial performance based on three reportable segments, Asset Management, Mining Royalty Lands and Land Development and Construction, as described below.   The Asset Management segment owns, leases and manages warehouse/office buildings located predominately in the Baltimore/Northern Virginia/Washington, DC market area.   Our Mining Royalty Lands segment owns several properties comprising approximately 15,000 acres currently under lease for mining rents or royalties (this does not include the 4,280 acres owned in our Brooksville joint venture with Vulcan Materials).  Other than one location in Virginia, all of these properties are located in Florida and Georgia.    Through our Land Development and Construction segment, we own and are continuously monitoring for their “highest and best use” several parcels of land that are in various stages of development.  Our overall strategy in this segment is to convert all of our non-income producing lands into income production through (i) an orderly process of constructing new warehouse/office buildings for us to own and operate or (ii) a sale to, or joint venture with, third parties.   Operating results and certain other financial data for the Company’s business segments are as follows (in thousands):   <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="7" style="layout-grid-mode: line; text-align: center">Three Months ended</td> <td style="layout-grid-mode: line"> </td> <td colspan="7" style="layout-grid-mode: line; text-align: center">Six Months ended</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">June 30,</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">June 30,</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2016</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2016</td></tr> <tr style="vertical-align: bottom"> <td style="width: 47%; layout-grid-mode: line">Revenues:</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 10%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 9%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 10%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 10%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Asset management</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">7,194</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">6,927</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">14,479</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">14,501</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Mining royalty lands</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,833</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">2,059</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">3,595</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">3,837</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line"> Land development and construction</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">333</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">257</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">608</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">520</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">9,360</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">9,243</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">18,682</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">18,858</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Operating profit:</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Before corporate expenses:</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Asset management</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">3,234</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">3,318</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">6,735</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">6,741</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">   Mining royalty lands</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,701</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,940</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">3,326</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">3,589</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">   Land development and construction</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(383</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(2,608</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(778</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(3,163</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Corporate expenses:</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Allocated to asset management</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(321</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(354</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(1,074</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(874</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Allocated to mining royalty</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(28</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(52</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(94</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(127</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Allocated to land development and construction</td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">(217</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">(278</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">(725</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">(691</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">(566</td> <td style="padding-bottom: 1pt; layout-grid-mode: line">)</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">(684</td> <td style="padding-bottom: 1pt; layout-grid-mode: line">)</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">(1,893</td> <td style="padding-bottom: 1pt; layout-grid-mode: line">)</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">(1,692</td> <td style="padding-bottom: 1pt; layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">3,986</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">1,966</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">7,390</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">5,475</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Interest expense:</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Asset management</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">371</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">392</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">619</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">807</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Depreciation, depletion and amortization:</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Asset management</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">2,057</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,985</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">4,022</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">3,820</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Mining royalty lands</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">35</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">15</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">74</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">46</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line"> Land development and construction</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">110</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">66</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">165</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">129</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">2,202</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">2,066</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">4,261</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">3,995</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Capital expenditures:</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Asset management</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">3,532</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">761</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">4,788</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,234</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Mining royalty lands</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">102</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">106</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line"> Land development and construction</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">878</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">611</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">3,351</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">1,090</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">4,410</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">1,474</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">8,139</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">2,430</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> </table>     <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">June 30,</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">December 31,</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Identifiable net assets</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2016</td></tr> <tr style="vertical-align: bottom"> <td style="width: 58%; layout-grid-mode: line"> </td> <td style="width: 7%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 12%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 7%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 12%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Asset management</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">179,350</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">169,736</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Mining royalty lands</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">38,990</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">39,259</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Land development and construction</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">49,527</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">57,126</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Cash items</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">— </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">— </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Unallocated corporate assets</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">3,343</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">439</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">271,210</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">266,560</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> </table> (5) Long-Term Debt. Long-term debt is summarized as follows (in thousands):   <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">June 30,</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">December 31,</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2016</td></tr> <tr style="vertical-align: bottom"> <td style="width: 62%; layout-grid-mode: line">Revolving credit (uncollateralized)</td> <td style="width: 4%; layout-grid-mode: line"> </td> <td style="width: 3%; layout-grid-mode: line">$</td> <td style="width: 11%; layout-grid-mode: line; text-align: right">6,355</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 3%; layout-grid-mode: line"> </td> <td style="width: 4%; layout-grid-mode: line"> </td> <td style="width: 11%; layout-grid-mode: line; text-align: right">6,665</td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">5.6% to 7.9% mortgage notes</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">  due in installments through 2027</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">31,907</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">34,080</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">38,262</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">40,745</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Less portion due within one year</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">4,673</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">4,526</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">33,589</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">36,219</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> </table>   On January 30, 2015, the Company entered into a five year credit agreement with Wells Fargo with a maximum facility amount of $20 million (the "Credit Agreement"). The Credit Agreement provides a revolving credit facility (the “Revolver”) with a $10 million sublimit available for standby letters of credit. As of June 30, 2017, there was $5,733,000 outstanding on the revolver, $2,266,000 outstanding under letters of credit and $12,001,000 available for borrowing. The letters of credit were issued to guarantee certain obligations to state agencies related to real estate development. Most of the letters of credit are irrevocable for a period of one year and typically are automatically extended for additional one-year periods. The Revolver bears interest at a rate of 1.4% over the selected LIBOR, which may change quarterly based on the Company’s ratio of Consolidated Total Debt to Consolidated Total Capital, as defined. A commitment fee of 0.15% per annum is payable quarterly on the unused portion of the commitment. The commitment fee may also change quarterly based upon the ratio described above. The credit agreement contains certain conditions and financial covenants, including a minimum $110 million tangible net worth. As of June 30, 2017, the tangible net worth covenant would have limited our ability to pay dividends or repurchase stock with borrowed funds to a maximum of $76.6 million combined. The Company was in compliance with all covenants as of June 30, 2017.   On July 24, 2015 the Company closed on a five year, $20 million secured revolver with First Tennessee Bank with a twenty-four month window to convert up to the full amount of the facility into a ten year term loan. Interest accrues at 1.90% over one month LIBOR plus an annual commitment fee of 0.10%. As of June 30, 2017, there was $622,000 outstanding on the revolver and $19,378,000 available for borrowing. The Company expects to close on a second facility with First Tennessee Bank with a $20 million ten year term loan secured by to-be-determined collateral. The purpose of these loans is to facilitate growth through new construction in the Land Development and Construction segment and/or acquisition of existing, operating buildings to be added to the Asset Management segment.   During the three months ended June 30, 2017 and June 30, 2016 the Company capitalized interest costs of $232,000 and $240,000, respectively. During the six months ended June 30, 2017 and June 30, 2016 the Company capitalized interest costs of $602,000 and $482,000, respectively. (6) Earnings per Share. The following details the computations of the basic and diluted earnings per common share (in thousands, except per share amounts): <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="7" style="layout-grid-mode: line; text-align: center">Three Months ended</td> <td style="layout-grid-mode: line"> </td> <td colspan="7" style="layout-grid-mode: line; text-align: center">Six Months ended</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">June 30,</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center">June 30,</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2016</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center">2016</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Weighted average common shares</td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3"> </td> <td> </td> <td colspan="3"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> outstanding during the period</td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3"> </td> <td> </td> <td colspan="3"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> - shares used for basic</td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3"> </td> <td> </td> <td colspan="3"> </td></tr> <tr style="vertical-align: bottom"> <td style="width: 46%; layout-grid-mode: line"> earnings per common share</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 10%; layout-grid-mode: line; text-align: right">9,965</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 11%; layout-grid-mode: line; text-align: right">9,864</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%"> </td> <td style="width: 12%; layout-grid-mode: line; text-align: right">9,948</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 10%; layout-grid-mode: line; text-align: right">9,858</td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Common shares issuable under</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> share based payment plans</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line"> which are potentially dilutive</td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">73</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">43</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">71</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">42</td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Common shares used for diluted</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> earnings per common share</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">10,038</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">9,907</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">10,019</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.25pt double"> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">9,900</td> <td style="padding-bottom: 2.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">Net income</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">1,713</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">774</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: Black 2.25pt double"> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">3,156</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.25pt double"> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">2,594</td> <td style="padding-bottom: 2.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Basic earnings per common share:</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> Basic</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">0.17</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">0.08</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: Black 2.25pt double"> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">0.32</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.25pt double"> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">0.26</td> <td style="padding-bottom: 2.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> Diluted</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">0.17</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">0.08</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: Black 2.25pt double"> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">0.32</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.25pt double"> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">0.26</td> <td style="padding-bottom: 2.5pt"> </td></tr> </table>     For the three and six months ended June 30, 2017, 13,610 and 22,422 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. For the three and six months ended June 30, 2016, 72,090 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. (7) Stock-Based Compensation Plans. The Company has two Stock Option Plans (the 2006 Stock Incentive Plan and the 2016 Equity Incentive Option Plan) under which options for shares of common stock were granted to directors, officers and key employees. The 2016 plan permits the grant of stock options, stock appreciation rights, restricted stock awards, restricted stock units, or stock awards. The options awarded under the plans have similar characteristics. All stock options are non-qualified and expire ten years from the date of grant. Stock based compensation awarded to directors, officers and employees are exercisable immediately or become exercisable in cumulative installments of 20% or 25% at the end of each year following the date of grant. When stock options are exercised the Company issues new shares after receipt of exercise proceeds and taxes due, if any, from the grantee. The number of common shares available for future issuance was 569,917 at June 30, 2017.   The Company utilizes the Black-Scholes valuation model for estimating fair value of stock compensation for options awarded to officers and employees. Each grant is evaluated based upon assumptions at the time of grant. The assumptions were no dividend yield, expected volatility between 35% and 46%, risk-free interest rate of .3% to 4.2% and expected life of .25 to 7.0 years.   The dividend yield of zero is based on the fact that the Company does not pay cash dividends and has no present intention to pay cash dividends. Expected volatility is estimated based on the Company’s historical experience over a period equivalent to the expected life in years. The risk-free interest rate is based on the U.S. Treasury constant maturity interest rate at the date of grant with a term consistent with the expected life of the options granted. The expected life calculation is based on the observed and expected time to exercise options by the employees.   As previously disclosed, Thompson S. Baker II resigned from his position as CEO and from the board of directors on March 13, 2017. In recognition of his outstanding service to the Company, the Board approved the vesting of all of Mr. Baker's outstanding FRP stock options, which expired 90 days following the termination of his employment. The vesting of Mr. Baker’s outstanding FRP options that were issued prior to the spin-off required Patriot to record modification stock compensation expense of $150,000. FRP reimbursed Patriot for this cost under the transition services agreement. The vesting of Mr. Baker’s outstanding FRP options that were issued subsequent to the spin-off required modified stock compensation expense of $41,000.   The Company recorded the following stock compensation expense in its consolidated statements of income (in thousands):   <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="7" style="vertical-align: bottom; layout-grid-mode: line; text-align: center">Three Months ended</td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="6" style="vertical-align: bottom; layout-grid-mode: line; text-align: center">Six Months ended</td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="7" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">June 30,</td> <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="6" style="vertical-align: bottom; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center">June 30,</td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2016</td> <td style="vertical-align: bottom; padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center">2017</td> <td style="vertical-align: bottom; padding-bottom: 1pt"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center">2016</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="width: 45%; layout-grid-mode: line">Stock option grants</td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">33</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 9%; layout-grid-mode: line; text-align: right">32</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; border-top: Black 1pt solid"> </td> <td style="width: 12%; border-top: Black 1pt solid; layout-grid-mode: line; text-align: right">110</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 10%; border-top: Black 1pt solid; layout-grid-mode: line; text-align: right">63</td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Annual director stock award</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">445</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">412</td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">33</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">32</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: Black 2.25pt double"> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">555</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">475</td> <td style="padding-bottom: 2.5pt"> </td></tr> </table>     A summary of changes in outstanding options is presented below (in thousands, except share and per share amounts):   <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="2" style="layout-grid-mode: line">Weighted</td> <td colspan="2" style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line">Weighted</td> <td colspan="2" style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line">Weighted</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line">Number</td> <td style="layout-grid-mode: line"> </td> <td colspan="2" style="layout-grid-mode: line">Average</td> <td colspan="2" style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line">Average</td> <td colspan="2" style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line">Average</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line">Of</td> <td style="layout-grid-mode: line"> </td> <td colspan="2" style="layout-grid-mode: line">Exercise</td> <td colspan="2" style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line">Remaining</td> <td colspan="2" style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line">Grant Date</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Options</td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line">Shares</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; layout-grid-mode: line">Price</td> <td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line">Term (yrs)</td> <td colspan="2" style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line">Fair Value(000's)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Outstanding at</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  January 1, 2017</td> <td> </td> <td style="layout-grid-mode: line; text-align: right">236,385</td> <td> </td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">25.35</td> <td> </td> <td colspan="2"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">6.1</td> <td> </td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">2,440</td> <td colspan="2"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">    Granted</td> <td> </td> <td style="layout-grid-mode: line; text-align: right">4,555</td> <td> </td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">37.55</td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">75</td> <td colspan="2"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">    Modification</td> <td> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td> </td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">30.21</td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">(137</td> <td colspan="2" style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">    Exercised</td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">(79,630</td> <td style="layout-grid-mode: line">)</td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">25.48</td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line">$</td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">(756</td> <td colspan="2" style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Outstanding at</td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td colspan="2"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td colspan="2"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  June 30, 2017</td> <td> </td> <td style="layout-grid-mode: line; text-align: right">161,310</td> <td> </td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">25.63</td> <td> </td> <td colspan="2"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">5.7</td> <td> </td> <td> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">1,622</td> <td colspan="2"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Exercisable at</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">  June 30, 2017</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">119,020</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">23.66</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">4.9</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">1,038</td> <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Vested during</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  six months ended</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">  June 30, 2017</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">26,839</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">223</td> <td colspan="2" style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> <tr> <td style="width: 210px"> </td> <td style="width: 7px"> </td> <td style="width: 92px"> </td> <td style="width: 9px"> </td> <td style="width: 7px"> </td> <td style="width: 17px"> </td> <td> </td> <td> </td> <td style="width: 5px"> </td> <td style="width: 1px"> </td> <td> </td> <td style="width: 88px"> </td> <td style="width: 7px"> </td> <td style="width: 7px"> </td> <td style="width: 35px"> </td> <td style="width: 157px"> </td> <td style="width: 4px"> </td> <td style="width: 4px"> </td></tr> </table>   The aggregate intrinsic value of exercisable in-the-money options was $2,677,000 and the aggregate intrinsic value of outstanding in-the-money options was $3,310,000 based on the market closing price of $46.15 on June 30, 2017 less exercise prices.   The unrecognized compensation cost of options granted to FRP employees but not yet vested as of June 30, 2017 was $376,000, which is expected to be recognized over a weighted-average period of 3.7 years.   Gains of $1,347,000 were realized by option holders during the six months ended June 30, 2017. Patriot realized the tax benefits of $1,238,000 of these gains because these options were exercised by Patriot employees for options granted prior to the spin-off. (8) Contingent Liabilities. Certain of the Company’s subsidiaries are involved in litigation on a number of matters and are subject to certain claims which arise in the normal course of business. The Company has retained certain self-insurance risks with respect to losses for third party liability and property damage. The liability at any point in time depends upon the relative ages and amounts of the individual open claims. In the opinion of management, none of these matters are expected to have a material adverse effect on the Company’s consolidated financial condition, results of operations or cash flows.   Preliminary testing on the site of the Company's four phase master development known as RiverFront on the Anacostia in Washington, D.C. indicated the presence of contaminated material that will have to be specially handled upon excavation in conjunction with construction. The Company has agreed with our joint venture partner to bear the cost of handling the contaminated materials on the first phase of this development up to a cap of $1.871 million. As of September 30, 2016, the excavation and foundation work for Phase 1 were substantially complete; thus, the bulk of the remediation expenses have been incurred. Management believes the total cost for remediation on Phase 1 will end up at approximately $1.9 million. During the quarter ending December 31, 2015, management successfully completed negotiations and entered into a $3,000,000 settlement of environmental claims on all four phases against our former tenant at the Riverfront on the Anacostia property and continues to pursue settlement negotiations with other potentially responsible parties. The Company executed a letter of intent with MRP Realty in May 2016 to develop Phase II of the Riverfront on the Anacostia project and recorded an estimated environmental remediation expense of $2.0 million for the Company’s estimated liability under the proposed agreement. The Company has no obligation to remediate this contamination on Phases III and IV of the development until such time as it makes a commitment to commence construction on each phase. The Company's actual expense to address this issue may be materially higher or lower than the expense previously recorded depending upon the actual costs incurred. (9) Concentrations.  With the completion and occupancy of the 3rd build to suit for the same tenant at Patriot Business Park in the first quarter of fiscal 2015 this particular tenant accounted for 11% of the Company’s consolidated revenues during the quarter ended June 30, 2017.  The mining royalty lands segment has a total of four tenants currently leasing mining locations and one lessee that accounted for 15.7% of the Company’s consolidated revenues during the six months ended June 30, 2017 and $199,908 of accounts receivable at June 30, 2017.  The termination of these lessees’ underlying leases could have a material adverse effect on the Company. The Company places its cash and cash equivalents with Tennessee Bank.  At times, such amounts may exceed FDIC limits. (10) Fair Value Measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. Level 1 means the use of quoted prices in active markets for identical assets or liabilities. Level 2 means the use of values that are derived principally from or corroborated by observable market data. Level 3 means the use of inputs are those that are unobservable and significant to the overall fair value measurement.   As of June 30, 2017 the Company had no assets or liabilities measured at fair value on a recurring or non-recurring basis. At June 30, 2017 and 2016, the carrying amount reported in the consolidated balance sheets for cash and cash equivalents, short-term notes payable and revolving credit approximate their fair value based upon the short-term nature of these items.   The fair values of the Company’s other mortgage notes payable were estimated based on current rates available to the Company for debt of the same remaining maturities. At June 30, 2017, the carrying amount and fair value of such other long-term debt was $38,262,000 and $41,165,000, respectively. At December 31, 2016, the carrying amount and fair value of such other long-term debt was $40,745,000 and $43,747,000, respectively. (11) Investments in Joint Ventures.   RiverFront. On March 30, 2012 the Company entered into a Contribution Agreement with MRP SE Waterfront Residential, LLC. (“MRP”) to form a joint venture to develop the first phase only of the four phase master development known as RiverFront on the Anacostia in Washington, D.C. The purpose of the Joint Venture is to develop, own, lease and ultimately sell an approximately 300,000 square foot residential apartment building (including approximately 18,000 square feet of retail) on approximately 2 acres of the roughly 5.82 acre site. The joint venture, RiverFront Investment Partners I, LLC (“RiverFront I”) was formed in June 2013 as contemplated. The Company contributed land with an agreed to value of $13,500,000 (cost basis of $6,165,000) and contributed cash of $4,866,000 to the Joint Venture for a 77.14% stake in the venture. MRP contributed capital of $5,553,000 to the joint venture including development costs paid prior to formation of the joint venture. The Joint Venture closed on $17,000,000 of EB5 secondary financing and a nonrecourse construction loan for $65,000,000 on August 8, 2014. Both these financing sources are non-recourse to FRP. At the time of these financings, RiverFront Holdings I, LLC. was formed as a parent to RiverFront Investment Partners I, LLC with EB5 as an equity partner in Riverfront Holdings I, LLC. Construction commenced in October 2014, first occupancy was in August 2016 and the Company anticipates lease up to occur during all of 2017. The joint venture intends to refinance the construction loan before the initial maturity date of August 7, 2018. The Company’s equity interest in the joint venture is accounted for under the equity method of accounting as MRP acts as the administrative agent of the joint venture and oversees and controls the day to day operations of the project. Other income for the six months ended June 30, 2017 includes a loss of $1,558,000 representing the Company’s portion of the loss of this joint venture. The company and MRP Realty executed a letter of intent in May 2016 and a Contribution Agreement in February 2017 to develop Phase II but the joint venture is not yet formed.   Brooksville. In 2006, the Company entered into a Joint Venture Agreement with Vulcan Materials Company to jointly own and develop approximately 4,300 acres of land near Brooksville, Florida. Under the terms of the joint venture, FRP contributed its fee interest in approximately 3,443 acres formerly leased to Vulcan under a long-term mining lease which had a net book value of $2,548,000. Vulcan is entitled to mine a portion of the property until 2032 and pay royalties to the Company. FRP also contributed $3,018,000 for one-half of the acquisition costs of a 288-acre contiguous parcel. Vulcan contributed 553 acres that it owned as well as its leasehold interest in the 3,443 acres that it leased from FRP and $3,018,000 for one-half of the acquisition costs of the 288-acre contiguous parcel. The joint venture is jointly controlled by Vulcan and FRP. Distributions will be made on a 50-50 basis except for royalties and depletion specifically allocated to the Company. Other income for the six months ended June 30, 2017 includes a loss of $19,000 representing the Company’s portion of the loss of this joint venture.   BC FRP Realty (Windlass Run). During the quarter ending March 2016, we entered into an agreement with a Baltimore development company (St. John Properties, Inc.) to jointly develop the remaining lands of our Windlass Run Business Park. The 50/50 partnership initially calls for FRP to combine its 25 acres (valued at $7,500,000) with St. John Properties’ adjacent 10 acres fronting on a major state highway (valued at $3,239,536) which resulted in an initial cash distribution of $2,130,232 to FRP in May, 2016. Thereafter, the venture will jointly develop the combined properties into a multi-building business park to consist of approximately 329,000 square feet of single story office space.   Investments in Joint Ventures (in thousands): <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 32%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 9%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 10%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 13%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 12%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 13%; layout-grid-mode: line">The</td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Company's</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Total Assets</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Net Loss</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Share of Net</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Total</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">of the</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">of the</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Loss of the</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Ownership</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Investment</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Partnership</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Partnership</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Partnership</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">As of June 30, 2017 </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">RiverFront Holdings I, LLC</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">77.14</td> <td style="layout-grid-mode: line">%</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$8,583</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$91,641  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$   (2,019</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$   (1,558</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Brooksville Quarry, LLC</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">50.00</td> <td style="layout-grid-mode: line">%</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">7,500</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">14,343</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(38</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(19</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">BC FRP Realty, LLC</td> <td> </td> <td style="layout-grid-mode: line; text-align: right">50.00</td> <td style="layout-grid-mode: line">%</td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">5,474</td> <td> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">11,113</td> <td> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">— </td> <td> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">— </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">   Total</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$  21,557</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$ 117,097</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$  (2,057</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$  (1,577</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">As of December 31, 2016 </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">RiverFront Holdings I, LLC</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">77.14</td> <td style="layout-grid-mode: line">%</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$10,151</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$90,420  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$   (1,446</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$   (1,115</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Brooksville Quarry, LLC</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">50.00</td> <td style="layout-grid-mode: line">%</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">7,522</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">14,341</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(8</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(4</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">BC FRP Realty, LLC</td> <td> </td> <td style="layout-grid-mode: line; text-align: right">50.00</td> <td style="layout-grid-mode: line">%</td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">5,228</td> <td> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">10,784</td> <td> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">— </td> <td> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">— </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">   Total</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$  22,901</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$ 115,545</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$  (1,454</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$  (1,119</td> <td style="layout-grid-mode: line">)</td></tr> </table>   <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="15" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">As of June 30, 2017</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">Riverfront</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">Brooksville</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">BC FRP</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Holdings I, LLC</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Quarry, LLC</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Realty, LLC</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Total</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="width: 48%; layout-grid-mode: line">Investments in real estate, net</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 3%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">88,993</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">14,309</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">11,069</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">114,371</td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Cash</td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">2,295</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">26</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">44</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">2,365</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Cash held in escrow</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">171</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">171</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Accounts receivable</td> <td style="padding-bottom: 1pt"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">40</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">6</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">46</td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Prepaid expenses</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">142</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">2</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">144</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">     Total Assets</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">91,641</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">14,343</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">11,113</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">117,097</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Long-term Debt</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">78,587</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">78,587</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Amortizable debt costs</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(852</td> <td style="layout-grid-mode: line">) </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(852</td> <td style="layout-grid-mode: line">) </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Other liabilities</td> <td> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">905</td> <td> </td> <td> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">45</td> <td> </td> <td> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">950</td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Capital – FRP</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">8,583</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">7,500</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">5,474</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">21,557</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Capital - Third Parties</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">4,418</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">6,798</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">5,639</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">16,855</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">     Total Liabilities and Capital</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">91,641</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">14,343</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">11,113</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">117,097</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> </table>     <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="15" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">As of December 31, 2016</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">Riverfront</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">Brooksville</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">BC FRP</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Holdings I, LLC</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Quarry, LLC</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Realty, LLC</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Total</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="width: 47%; layout-grid-mode: line">Cash</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 3%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">1,023</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">18</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">21</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">1,062</td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Cash held in escrow</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">88</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">88</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Investments in real estate, net</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">89,309</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">14,323</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">10,763</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">114,395</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">     Total Assets</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">90,420</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">14,341</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">10,784</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">115,545</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Other Liabilities</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">6,348</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">1</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">47</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">6,396</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Long-term Debt</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">69,042</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">— </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">— </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">69,042</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Capital – FRP</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">10,151</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">7,522</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">5,228</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">22,901</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Capital - Third Parties</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">4,879</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">6,818</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">5,509</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">17,206</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">     Total Liabilities and Capital</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">90,420</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">14,341</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">10,784</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">115,545</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> </table>   Income statements for the RiverFront Holdings I, LLC (in thousands):   <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Three Months Ended June 30,</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Six Months Ended June 30,</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2016</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2016</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Revenues:</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="width: 44%; layout-grid-mode: line">    Rental Revenue</td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 10%; layout-grid-mode: line; text-align: right">1,742</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 10%; layout-grid-mode: line; text-align: right">—  </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 10%; layout-grid-mode: line; text-align: right">3,053</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 10%; layout-grid-mode: line; text-align: right">—  </td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">    Revenue – Reimbursements</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">18</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">33</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Total Revenues</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,760</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">3,086</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Cost of operations:</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">     Depreciation and amortization</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,095</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">75</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,958</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">97</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">     Operating expenses</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">621</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">148</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,096</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">216</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">     Property taxes</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">240</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">459</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Total cost of operations</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,956</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">223</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">3,513</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">313</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Total operating profit</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(196</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(223</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(427</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(313</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Interest expense</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">(836</td> <td style="padding-bottom: 1pt; layout-grid-mode: line">)</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">(1,592</td> <td style="padding-bottom: 1pt; layout-grid-mode: line">)</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">Net loss of the Partnership</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">(1,032</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">)</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">(223</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">)</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">(2,019</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">)</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">(313</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">)</td></tr> </table>     The amount of consolidated accumulated deficit for these joint ventures was $(2,626,000) and $(1,667,000) as of June 30, 2017 and December 31, 2016 respectively. <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="7" style="layout-grid-mode: line; text-align: center">Three Months ended</td> <td style="layout-grid-mode: line"> </td> <td colspan="7" style="layout-grid-mode: line; text-align: center">Six Months ended</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">June 30,</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">June 30,</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2016</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2016</td></tr> <tr style="vertical-align: bottom"> <td style="width: 47%; layout-grid-mode: line">Revenues:</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 10%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 9%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 10%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 10%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Asset management</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">7,194</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">6,927</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">14,479</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">14,501</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Mining royalty lands</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,833</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">2,059</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">3,595</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">3,837</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line"> Land development and construction</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">333</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">257</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">608</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">520</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">9,360</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">9,243</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">18,682</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">18,858</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Operating profit:</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Before corporate expenses:</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Asset management</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">3,234</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">3,318</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">6,735</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">6,741</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">   Mining royalty lands</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,701</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,940</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">3,326</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">3,589</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">   Land development and construction</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(383</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(2,608</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(778</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(3,163</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Corporate expenses:</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Allocated to asset management</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(321</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(354</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(1,074</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(874</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Allocated to mining royalty</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(28</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(52</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(94</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(127</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Allocated to land development and construction</td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">(217</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">(278</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">(725</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">(691</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">(566</td> <td style="padding-bottom: 1pt; layout-grid-mode: line">)</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">(684</td> <td style="padding-bottom: 1pt; layout-grid-mode: line">)</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">(1,893</td> <td style="padding-bottom: 1pt; layout-grid-mode: line">)</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">(1,692</td> <td style="padding-bottom: 1pt; layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">3,986</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">1,966</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">7,390</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">5,475</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Interest expense:</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Asset management</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">371</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">392</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">619</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">807</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Depreciation, depletion and amortization:</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Asset management</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">2,057</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,985</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">4,022</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">3,820</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Mining royalty lands</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">35</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">15</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">74</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">46</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line"> Land development and construction</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">110</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">66</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">165</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">129</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">2,202</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">2,066</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">4,261</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">3,995</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Capital expenditures:</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Asset management</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">3,532</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">761</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">4,788</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,234</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> Mining royalty lands</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">102</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">106</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line"> Land development and construction</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">878</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">611</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">3,351</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">1,090</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">4,410</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">1,474</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">8,139</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">2,430</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> </table>     <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">June 30,</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">December 31,</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Identifiable net assets</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2016</td></tr> <tr style="vertical-align: bottom"> <td style="width: 58%; layout-grid-mode: line"> </td> <td style="width: 7%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 12%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 7%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 12%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Asset management</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">179,350</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">169,736</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Mining royalty lands</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">38,990</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">39,259</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Land development and construction</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">49,527</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">57,126</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Cash items</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">— </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">— </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Unallocated corporate assets</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">3,343</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">439</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">271,210</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">266,560</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> </table> <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">June 30,</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">December 31,</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2016</td></tr> <tr style="vertical-align: bottom"> <td style="width: 62%; layout-grid-mode: line">Revolving credit (uncollateralized)</td> <td style="width: 4%; layout-grid-mode: line"> </td> <td style="width: 3%; layout-grid-mode: line">$</td> <td style="width: 11%; layout-grid-mode: line; text-align: right">6,355</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 3%; layout-grid-mode: line"> </td> <td style="width: 4%; layout-grid-mode: line"> </td> <td style="width: 11%; layout-grid-mode: line; text-align: right">6,665</td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">5.6% to 7.9% mortgage notes</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">  due in installments through 2027</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">31,907</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">34,080</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">38,262</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">40,745</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Less portion due within one year</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">4,673</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">4,526</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">33,589</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">36,219</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> </table> <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="7" style="layout-grid-mode: line; text-align: center">Three Months ended</td> <td style="layout-grid-mode: line"> </td> <td colspan="7" style="layout-grid-mode: line; text-align: center">Six Months ended</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">June 30,</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center">June 30,</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2016</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center">2016</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Weighted average common shares</td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3"> </td> <td> </td> <td colspan="3"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> outstanding during the period</td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3"> </td> <td> </td> <td colspan="3"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> - shares used for basic</td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3"> </td> <td> </td> <td colspan="3"> </td></tr> <tr style="vertical-align: bottom"> <td style="width: 46%; layout-grid-mode: line"> earnings per common share</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 10%; layout-grid-mode: line; text-align: right">9,965</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 11%; layout-grid-mode: line; text-align: right">9,864</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%"> </td> <td style="width: 12%; layout-grid-mode: line; text-align: right">9,948</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 10%; layout-grid-mode: line; text-align: right">9,858</td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Common shares issuable under</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> share based payment plans</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line"> which are potentially dilutive</td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">73</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">43</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">71</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">42</td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Common shares used for diluted</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> earnings per common share</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">10,038</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">9,907</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">10,019</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.25pt double"> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">9,900</td> <td style="padding-bottom: 2.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">Net income</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">1,713</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">774</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: Black 2.25pt double"> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">3,156</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.25pt double"> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">2,594</td> <td style="padding-bottom: 2.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Basic earnings per common share:</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> Basic</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">0.17</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">0.08</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: Black 2.25pt double"> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">0.32</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.25pt double"> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">0.26</td> <td style="padding-bottom: 2.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> Diluted</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">0.17</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">0.08</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: Black 2.25pt double"> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">0.32</td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.25pt double"> </td> <td style="border-bottom: Black 2.25pt double; layout-grid-mode: line; text-align: right">0.26</td> <td style="padding-bottom: 2.5pt"> </td></tr> </table> <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 32%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 9%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 10%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 13%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 12%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 13%; layout-grid-mode: line">The</td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Company's</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Total Assets</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Net Loss</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Share of Net</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Total</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">of the</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">of the</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Loss of the</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Ownership</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Investment</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Partnership</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Partnership</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">Partnership</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">As of June 30, 2017 </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">RiverFront Holdings I, LLC</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">77.14</td> <td style="layout-grid-mode: line">%</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$8,583</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$91,641  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$   (2,019</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$   (1,558</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Brooksville Quarry, LLC</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">50.00</td> <td style="layout-grid-mode: line">%</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">7,500</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">14,343</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(38</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(19</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">BC FRP Realty, LLC</td> <td> </td> <td style="layout-grid-mode: line; text-align: right">50.00</td> <td style="layout-grid-mode: line">%</td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">5,474</td> <td> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">11,113</td> <td> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">— </td> <td> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">— </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">   Total</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$  21,557</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$ 117,097</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$  (2,057</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$  (1,577</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">As of December 31, 2016 </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">RiverFront Holdings I, LLC</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">77.14</td> <td style="layout-grid-mode: line">%</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$10,151</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$90,420  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$   (1,446</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$   (1,115</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Brooksville Quarry, LLC</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">50.00</td> <td style="layout-grid-mode: line">%</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">7,522</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">14,341</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(8</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(4</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">BC FRP Realty, LLC</td> <td> </td> <td style="layout-grid-mode: line; text-align: right">50.00</td> <td style="layout-grid-mode: line">%</td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">5,228</td> <td> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">10,784</td> <td> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">— </td> <td> </td> <td> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right">— </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">   Total</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$  22,901</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$ 115,545</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$  (1,454</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">$  (1,119</td> <td style="layout-grid-mode: line">)</td></tr> </table> 37.55 25.48 5.7 6.1 75000 756000 1038000 26839 223000 1023000 18000 2295000 26000 44000 21000 2365000 1062000 88000 0 171000 0 0 0 171000 88000 89309000 14323000 88993000 14309000 11069000 10763000 114371000 114395000 6348000 1000 905000 45000 0 47000 950000 6396000 69042000 0 78587000 0 0 0 78587000 69042000 4879000 6818000 4418000 6798000 5639000 5509000 16855000 17206000 90420000 14341000 91641000 14343000 11113000 10784000 117097000 115545000 18000 4866000 17000000 65000000 314709000 306639000 3018000 3018000 288 288 6355000 6665000 5733000 622000 5436000 6786000 99417000 99417000 208375000 195443000 6917000 11779000 182000 178000 27234000 29554000 4673000 4526000 3213000 3747000 1484000 1475000 906000 1005000 66724000 67740000 4000 9000 2629000 1128000 2898000 1329000 12505000 6082000 12171000 6222000 4261000 74000 46000 4022000 3820000 165000 129000 4261000 3995000 2066000 1985000 15000 66000 2066000 3995000 2202000 2057000 35000 110000 2202000 11292000 1096000 7277000 13383000 216000 5374000 621000 148000 944000 425000 921000 475000 1893000 684000 1692000 566000 2003000 3513000 974000 2505000 313000 1002000 1956000 223000 0 0 1000 0 3156000 774000 2594000 1713000 (4) Related Party Transactions. The Company is a party to a Transition Services Agreement which resulted from our January 30, 2015 spin-off of Patriot Transportation Holding, Inc. (Patriot). The Transition Services Agreement sets forth the terms on which Patriot will provide to FRP certain services that were shared prior to the Spin-off, including the services of certain shared executive officers. The boards of the respective companies amended and extended this agreement for one year effective April 1, 2017.   The consolidated statements of income reflect charges and/or allocation from Patriot for these services of $320,000 and $388,000 for the three months ended June 30, 2017 and 2016, and $877,000 and $794,000 for the six months ended June 30, 2017 and 2016, respectively. Included in the charges above are amounts recognized for corporate executive stock-based compensation expense. These charges are reflected as part of corporate expenses.   To determine these allocations between FRP and Patriot as set forth in the Transition Services Agreement, we generally employed the same methodology historically used by the Company pre Spin-off to allocate said expenses and thus we believe that the allocations to FRP are a reasonable approximation of the costs related to FRP’s operations but any such related-party transactions cannot be presumed to be carried out on an arm’s-length basis as the terms were negotiated while Patriot was still a subsidiary of FRP. 2037000 2037000 200000 1126000 0 887000 20447000 16455000 -95000 14000 8139000 2430000 -8375000 563000 877000 388000 794000 320000 33589000 36219000 0.32 0.08 0.26 0.17 1900000 2.0 -738000 -280000 300000 300000 329000 161310 236385 25.63 25.35 1622000 2440000 119020 4.9 3326000 3589000 6735000 6741000 -778000 -3163000 3318000 1940000 -2608000 3234000 1701000 -383000 90420000 14341000 91641000 14343000 11113000 10784000 117097000 115545000 10151000 7522000 8583000 7500000 5474000 5228000 21557000 22901000 -2057000 -2019000 -38000 0 -1454000 0 -8000 -1446000 3 20000000 24 month window 602000 240000 482000 232000 0.157 .11 2626000 1667000 1871000 5.6% to 7.9% mortgage notes due in installments through 2027 5.6% to 7.9% mortgage notes due in installments through 2027 -83000 -69000 171000 254000 0 -1174000 <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="15" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">As of June 30, 2017</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">Riverfront</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">Brooksville</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">BC FRP</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Holdings I, LLC</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Quarry, LLC</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Realty, LLC</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Total</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="width: 48%; layout-grid-mode: line">Investments in real estate, net</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 3%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">88,993</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">14,309</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">11,069</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">114,371</td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Cash</td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">2,295</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">26</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">44</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">2,365</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Cash held in escrow</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">171</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">171</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Accounts receivable</td> <td style="padding-bottom: 1pt"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">40</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">6</td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">46</td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Prepaid expenses</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">142</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">2</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">144</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">     Total Assets</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">91,641</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">14,343</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">11,113</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">117,097</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Long-term Debt</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">78,587</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">78,587</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Amortizable debt costs</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(852</td> <td style="layout-grid-mode: line">) </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(852</td> <td style="layout-grid-mode: line">) </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Other liabilities</td> <td> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">905</td> <td> </td> <td> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">45</td> <td> </td> <td> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td> </td> <td style="layout-grid-mode: line; text-align: right">950</td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Capital – FRP</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">8,583</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">7,500</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">5,474</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">21,557</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Capital - Third Parties</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">4,418</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">6,798</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">5,639</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">16,855</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">     Total Liabilities and Capital</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">91,641</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">14,343</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">11,113</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">117,097</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> </table>   <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="15" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">As of December 31, 2016</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">Riverfront</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">Brooksville</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center">BC FRP</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Holdings I, LLC</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Quarry, LLC</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Realty, LLC</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Total</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="width: 47%; layout-grid-mode: line">Cash</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 3%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">1,023</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">18</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">21</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 9%; layout-grid-mode: line; text-align: right">1,062</td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Cash held in escrow</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">88</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">88</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Investments in real estate, net</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">89,309</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">14,323</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">10,763</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">114,395</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">     Total Assets</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">90,420</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">14,341</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">10,784</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">115,545</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Other Liabilities</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">6,348</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">1</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">47</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line">$</td> <td style="layout-grid-mode: line; text-align: right">6,396</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Long-term Debt</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">69,042</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">— </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">— </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">69,042</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Capital – FRP</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">10,151</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">7,522</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">5,228</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">22,901</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Capital - Third Parties</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">4,879</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">6,818</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">5,509</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">17,206</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">     Total Liabilities and Capital</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">90,420</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">14,341</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">10,784</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">115,545</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td></tr> </table> <table cellspacing="0" cellpadding="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Three Months Ended June 30,</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="7" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">Six Months Ended June 30,</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2016</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2017</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center">2016</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Revenues:</td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="width: 44%; layout-grid-mode: line">    Rental Revenue</td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 10%; layout-grid-mode: line; text-align: right">1,742</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 11%; layout-grid-mode: line; text-align: right">—  </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line">$</td> <td style="width: 10%; layout-grid-mode: line; text-align: right">3,053</td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 2%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 10%; layout-grid-mode: line; text-align: right">—  </td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">    Revenue – Reimbursements</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">18</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">33</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Total Revenues</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,760</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">3,086</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">—  </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Cost of operations:</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">     Depreciation and amortization</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,095</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">75</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,958</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">97</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">     Operating expenses</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">621</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">148</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,096</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">216</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">     Property taxes</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">240</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">459</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Total cost of operations</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">1,956</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">223</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">3,513</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">313</td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Total operating profit</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(196</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(223</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(427</td> <td style="layout-grid-mode: line">)</td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right">(313</td> <td style="layout-grid-mode: line">)</td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; layout-grid-mode: line">Interest expense</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">(836</td> <td style="padding-bottom: 1pt; layout-grid-mode: line">)</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">(1,592</td> <td style="padding-bottom: 1pt; layout-grid-mode: line">)</td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right">—  </td> <td style="padding-bottom: 1pt; layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">Net loss of the Partnership</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">(1,032</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">)</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">(223</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">)</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line">$</td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">(2,019</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">)</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right">(313</td> <td style="padding-bottom: 2.5pt; layout-grid-mode: line">)</td></tr> </table> 3053000 0 1742000 0 1958000 97000 1095000 75000 46.15 .35 .46 .003 .042 0.25 7.0 4 38262000 40745000 41165000 43747000 1.4% 1.9% .0015 .0010 2266000 110000000 76600000 2 Immediate or 20% or 25% 0 2017 2926000 0 3156000 774000 2594000 1713000 74000 43000 30.21 137000 40000 6000 0 46000 142000 2000 0 144000 852000 0 0 852000 33000 0 18000 0 -2019000 -313000 -1032000 -223000 41000 150000 0 -109000 -109000 0 0 2166000 (12) Subsequent Event. In our recent month ending July 31, 2017, Phase I (Dock 79) of the development known as RiverFront on the Anacostia in Washington, D.C., a 300,000 square foot residential apartment building developed by a joint venture between the Company and MRP SE Waterfront Residential, LLC (“MRP”), reached stabilization, meaning 90% of the individual apartments have been leased and are occupied by third party tenants. Upon reaching stabilization, the Company has, for a period of one year, the exclusive right to (i) cause the joint venture to sell the property or (ii) cause the Company’s and MRP’s percentage interests in the joint venture to be adjusted so as to take into account the value of the development at the time of stabilization.   The attainment of stabilization also results in a change of control for accounting purposes as the veto rights of the minority shareholder lapsed and the Company became the primary beneficiary. As such, beginning July 1, 2017, the Company will consolidate the assets (at current fair value), liabilities and operating results of the joint venture This consolidation will have a material impact on the Company’s balance sheet as the Company is required to recognize the fair value of the assets and record the related debt of the joint venture.   The company is in process of obtaining an opinion of fair value of the assets of the joint venture and finalizing the accounting entries to effect the consolidation, including an anticipated increase in net assets of $139 million, increase in liabilities of approximately $93 million and increase in net equity of approximately $46 million including an estimated gain upon the consolidation which may range from $20 million to $25 million depending upon the ultimate fair value determination. 14000 P10Y 139000000 93000000 46000000 $20 million to $25 million 1238000 21557000 22901000 85935000 82392000 257507000 254324000 228774000 224247000 7176000 7176000 .90 3000000 2130000 5553000 3443 6165000 2548000 10 3443 553 25 EX-101.CAL 8 frph-20170630_cal.xml XBRL CALCULATION FILE EX-101.DEF 9 frph-20170630_def.xml XBRL DEFINITION FILE EX-101.LAB 10 frph-20170630_lab.xml XBRL LABEL FILE Business Segments [Axis] Mining royalty lands Corporate Concentration Risk Type [Axis] Mining Top Customer Equity Interest Type [Axis] Riverfront Holdings I, LLC Brooksville Quarry, LLC Disposal Group Name [Axis] Patriot Transportation Asset Management Land Development and Construction Total Segments Lender Name [Axis] Wells Fargo Bank, N.A. First Tennessee Bank Long-term Debt, Type [Axis] First Tennessee bank Term Loan Asset Management Top Customer Legal Entity [Axis] St Johns Properties JV St Johns BC FRP Realty, LLC Joint Ventures Subsequent Event Type [Axis] Subsequent Event [Member] Scenario [Axis] Scenario, Forecast [Member] MRP Vulcan Document And Entity Information Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Current Fiscal Year End Date Is Entity a Well-known Seasoned Issuer? Is Entity a Voluntary Filer? Is Entity's Reporting Status Current? Entity Filer Category Entity Public Float Entity Common Stock, Shares Outstanding Document Fiscal Period Focus Document Fiscal Year Focus Statement of Financial Position [Abstract] Assets: Land Buildings and improvements Projects under construction Total investments in properties Less accumulated depreciation and depletion Net investments in properties Real estate held for investment, at cost Real estate held for sale, at cost Investments in joint ventures Net real estate investments Cash held in escrow Accounts receivable Federal and state income taxes receivable Unrealized rents Deferred costs Other assets Total assets Liabilities: Lines of credit payable Secured notes payable, current portion Secured notes payable, less current portion Accounts payable and accrued liabilities Environmental remediation liability Bank overdraft Federal and state income taxes payable Deferred revenue Deferred income taxes Deferred compensation Deferred lease intangible, net Tenant security deposits Total liabilities Commitments and contingencies (Note 8) Shareholders' Equity: Common stock, $.10 par value; 25,000,000 shares authorized, 10,002,167 and 9,914,054 shares issued and outstanding, respectively Capital in excess of par value Retained earnings Accumulated other comprehensive income, net Total shareholders' equity Total liabilities and shareholders' equity Common stock, par value Common stock, shares authorized Common stock, shares issued and outstanding Income Statement [Abstract] Revenues: Rental revenue Mining Royalty and rents Revenue - reimbursements Total revenues Cost of operations: Depreciation, depletion and amortization Operating expenses Environmental remediation expense Property taxes Management company indirect Corporate expenses (Note 4 Related Party) Total cost of operations Total operating profit Interest income Interest expense Equity in loss of joint ventures Gain (Loss) on investment land sold Income before income taxes Provision for income taxes Income from continuing operations Gain from discontinued transportation operations, net of taxes Net income Comprehensive income Earnings per common share: Basic Diluted Number of shares (in thousands) used in computing: -basic earnings per common share -diluted earnings per common share Statement of Cash Flows [Abstract] Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash provided by operating activities: Income from discontinued operations, net Depreciation, depletion and amortization Deferred income taxes Equity in loss of joint ventures Loss on sale of equipment and property Stock-based compensation Net changes in operating assets and liabilities: Accounts receivable Deferred costs and other assets Accounts payable and accrued liabilities Income taxes payable and receivable Other long-term liabilities Net cash provided by operating activities of continuing operations Net cash provided by operating activities of discontinued operations Net cash provided by operating activities Cash flows from investing activities: Investments in properties Investments in joint ventures Cash held in escrow Proceeds from sale of assets Net cash used in investing activities of continuing operations Net cash used in investing activities of discontinued operations Net cash (used in) provided by investing activities Cash flows from financing activities: Decrease in bank overdrafts Repayment of long-term debt Proceeds from borrowing on revolving credit facility Payment on revolving credit facility Repurchase of Company Stock Excess tax benefits from exercises of stock options Exercise of employee stock options Net cash used in financing activities of continuing operations Net cash used in financing activities of discontinued operations Net cash used in financing activities Net increase in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of the period Organization, Consolidation and Presentation of Financial Statements [Abstract] Basis of Presentation Notes to Financial Statements Recently Issued Accounting Standards Segment Reporting [Abstract] Business Segments Related Party Transactions [Abstract] Related Party Transactions Debt Disclosure [Abstract] Long-Term Debt Earnings Per Share [Abstract] Earnings per Share Disclosure of Compensation Related Costs, Share-based Payments [Abstract] Stock-Based Compensation Plans Contingent liabilities Risks and Uncertainties [Abstract] Concentrations Fair Value Disclosures [Abstract] Fair Value Measurements Equity Method Investments and Joint Ventures [Abstract] Investment in Joint Ventures Subsequent Events [Abstract] Subsequent Event Business segments (in thousands) Long-term debt (in thousands) Earnings per share (in thousands, except per share amounts) Stock Compensation Expense (in thousands Summary of Stock Activity (in thousands, except share and per share amounts) Investments in Joint Ventures (in thousands) Financial Information for the Investments in Joint Ventures (in thousands) Income statements for Riverfront Holdings I, LLC (in thousands) Statement [Table] Statement [Line Items] Segments [Axis] Segment Reporting Information [Line Items] Revenues Operating profit before corporate expenses Operating profit Corporate expenses Interest expense Capital expenditures Cash items Total identifiable net assets Revolving credit agreements 5.6% to 7.9% mortgage notes due in installments through 2027 Total debt Less portion due within one year Long-term debt Earnings Per Share, Basic and Diluted [Abstract] Weighted average common shares outstanding during the period - shares used for basic earnings per common share Common shares issuable under share based payment plans which are potentially dilutive Common shares used for diluted earnings per common share Discontinued operations Options outstanding Options granted Options forfeited Options exercised Spin-off conversion Options outstanding weighted average exercise price Options outstanding weighted average exercise price - Granted Options outstanding weighted average exercise price - forfeited Options outstanding weighted average exercise price - modification Options outstanding weighted average exercise price - Exercised Options outstanding weighted average exercise price - Spin-off conversion Options outstanding weighted average remaining term Options outstanding weighted average grant date fair value Options granted weighted average grant date fair value Options forfeited weighted average grant date fair value Options modified weighted average grant date fair value Options exercised weighted average grant date fair value Options Spin-off adjustment weighted average grant date fair value Options Spin-off conversion weighted average grant date fair value Options exercisable at June 30, 2017 Options exerciseable weighted average exercise price Options exerciseable weighted average remaining term Options exerciseable weighted average grant date fair value Options vested during six months ended June 30, 2017 Options vested weighted average grant date fair value Stock option grants Annual director stock award Stock based compensation expense Real Estate Property Ownership [Axis] Ownership percent Total Investment Total Assets of the Partnership Net Loss of the Partnership Company's share of Net Loss of the Partnership Cash Cash held in escrow Accounts receivable Prepaid expenses Investments in real estate, net Amortizable debt costs Other liabilities Long-term debt Capital - FRP Capital - Third parties Total liabilities and capital Rental revenue Revenue - Reimbursements Total revenues Depreciation and amortization Operating expenses Total cost of operations Total operating profit Net loss of the Partnership Recently Issued Accounting Standards Details Narrative Reduction of income tax expense from windfall gains on stock option exercises Reportable business segments Mining royalty lands acres Charges/allocation related to Transition Services Agreement with Patriot Extinguishment of Debt [Axis] Mortgage interest description Credit Agreement term years Revolving Credit Agreement Sublimit for standby letters of credit Term loan facility Revolver conversion to term loan Letters of credit issued Borrowed under the revolver Available for borrowing Tangible net worth covenant Available to pay dividends or repurchase stock Capitalized interest Revolver interest over LIBOR Commitment fee Anti-dilutive shares Number of stock option plans Options expire from date of grant Exercisable installments Shares available for future issuance Aggregate intrinsic value of exercisable in-the-money options Aggregate intrinsic value of outstanding in-the-money options Market close price Realized tax benefit from options exercised Total unrecognized compensation cost of options granted but not yet vested Weighted average period for compensation to be recognized Gains realized by option holders Expected minimum volatility Expected maximum volatility Risk-free interest rate minimum Risk-free interest rate maximum Expected life minimum Expecited life maximum Dividend yield Modification stock compensation expense Contingent Liabilities Details Narrative Cap on environment financial responsibility Total cost of remediation Environmental remediation recovery Customer revenue concentration Accounts receivable concentration Tenants leasing mining locations Assets measured at fair value on a recurring basis Liabilities measured at fair value on a recurring basis Assets measured at fair value on a non-recurring basis Liabilities measured at fair value on a non-recurring basis Carrying amount of mortgage notes payable Fair value of mortgage notes payable Square feet Retail square feet Area of land to develop Land acreage Value of land contributed Cash contributed Capital contribution Joint venture percentage stake Other ownership capital contribution Distribution received Acres conributed St Johns land contribution EB5 Secondary financing Nonrecourse construction loan Vulcan leasehold interest Book value of land contribution FRP additional contribution for land Additional land acquired Company's share of the loss of the joint venture Joint Venture consolidated retained earnings Anticipated increase in net assets upon consolidation Anticipated increase in liabilities upon consolidation Anticipated increase in net equity Estimate gain on consolidation Percent of apartments leased and occupied by third party tenants Equity Method Investment, Summarized Financial Information, Cash Equity Method Investment, Summarized Financial Information, Escrow Cash Equity Method Investment, Summarized Financial Information, Investments in real estate, net Real Estate Investment Property, at Cost Real Estate Investment Property, Net Real Estate Investments, Net Liabilities Stockholders' Equity Attributable to Parent Liabilities and Equity Operating Expenses Income (Loss) from Continuing Operations before Income Taxes, Domestic Depreciation, Depletion and Amortization Deferred Income Tax Expense (Benefit) Gain (Loss) on Disposition of Property Plant Equipment Increase (Decrease) in Accounts Receivable Increase (Decrease) in Prepaid Expense and Other Assets Increase (Decrease) in Accounts Payable and Accrued Liabilities Payments to Acquire Property, Plant, and Equipment Payments to Acquire Interest in Joint Venture Increase (Decrease) in Restricted Cash Repayments of Long-term Debt Repayments of Lines of Credit Payments for Repurchase of Common Stock Cash and Cash Equivalents, Period Increase (Decrease) Other General and Administrative Expense Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue EquityMethodInvestmentSummarizedFinancialInformationEscrowCash EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable EquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt Equity Method Investment, Summarized Financial Information, Revenue Retained Earnings, Undistributed Earnings from Equity Method Investees EX-101.PRE 11 frph-20170630_pre.xml XBRL PRESENTATION FILE EX-101.SCH 12 frph-20170630.xsd XBRL SCHEMA FILE 00000001 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 00000002 - Statement - Consolidated Balance Sheets link:presentationLink link:calculationLink link:definitionLink 00000003 - Statement - Consolidated Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000004 - Statement - Consolidated Statements of Income link:presentationLink link:calculationLink link:definitionLink 00000005 - Statement - Consolidated Statements of Cash Flows (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000006 - Disclosure - Basis of Presentation link:presentationLink link:calculationLink link:definitionLink 00000007 - Disclosure - Recently Issued Accounting Standards link:presentationLink link:calculationLink link:definitionLink 00000008 - Disclosure - Business Segments link:presentationLink link:calculationLink link:definitionLink 00000009 - Disclosure - Related Party Transactions link:presentationLink link:calculationLink link:definitionLink 00000010 - Disclosure - Long-Term Debt link:presentationLink link:calculationLink link:definitionLink 00000011 - Disclosure - Earnings per Share link:presentationLink link:calculationLink link:definitionLink 00000012 - Disclosure - Stock-Based Compensation Plans link:presentationLink link:calculationLink link:definitionLink 00000013 - Disclosure - Contingent liabilities link:presentationLink link:calculationLink link:definitionLink 00000014 - Disclosure - Concentrations link:presentationLink link:calculationLink link:definitionLink 00000015 - Disclosure - Fair Value Measurements link:presentationLink link:calculationLink link:definitionLink 00000016 - Disclosure - Investment in Joint Ventures link:presentationLink link:calculationLink link:definitionLink 00000017 - Disclosure - Subsequent Event link:presentationLink link:calculationLink link:definitionLink 00000018 - Disclosure - Business Segments (Tables) link:presentationLink link:calculationLink link:definitionLink 00000019 - Disclosure - Long-Term Debt (Tables) link:presentationLink link:calculationLink link:definitionLink 00000020 - Disclosure - Earnings per Share (Tables) link:presentationLink link:calculationLink link:definitionLink 00000021 - Disclosure - Stock-Based Compensation Plans (Tables) link:presentationLink link:calculationLink link:definitionLink 00000022 - Disclosure - Investment in Joint Ventures (Tables) link:presentationLink link:calculationLink link:definitionLink 00000023 - Disclosure - Business Segments - Business segments (Details) link:presentationLink link:calculationLink link:definitionLink 00000024 - Disclosure - Long-term debt (Details) link:presentationLink link:calculationLink link:definitionLink 00000025 - Disclosure - Earnings per share (Details) link:presentationLink link:calculationLink link:definitionLink 00000026 - Disclosure - Summary of Stock Activity (Details) link:presentationLink link:calculationLink link:definitionLink 00000027 - Disclosure - Stock Compensation Expense (Details) link:presentationLink link:calculationLink link:definitionLink 00000028 - Disclosure - Investments in Joint Ventures (Details) link:presentationLink link:calculationLink link:definitionLink 00000029 - Disclosure - Recently Issued Accounting Standards (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000030 - Disclosure - Business Segments (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000031 - Disclosure - Related Party Transactions (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000032 - Disclosure - Long-Term debt (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000033 - Disclosure - Earnings per Share (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000034 - Disclosure - Stock-Based Compensation Plans (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000035 - Disclosure - Contingent Liabilities (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000036 - Disclosure - Concentrations (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000037 - Disclosure - Fair Value Measurements (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000038 - Disclosure - Investments in Joint Ventures (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000039 - Disclosure - Subsequent Event (Details Narrative) link:presentationLink link:calculationLink link:definitionLink XML 13 R1.htm IDEA: XBRL DOCUMENT v3.7.0.1

Document and Entity Information
6 Months Ended

Jun. 30, 2017

shares

Document And Entity Information

Entity Registrant Name FRP HOLDINGS, INC.

Entity Central Index Key 0000844059

Document Type 10-Q

Document Period End Date Jun. 30, 2017

Amendment Flag false

Current Fiscal Year End Date --12-31

Is Entity a Well-known Seasoned Issuer? No

Is Entity a Voluntary Filer? No

Is Entity's Reporting Status Current? No

Entity Filer Category Accelerated Filer

Entity Common Stock, Shares Outstanding 10,002,167

Document Fiscal Period Focus Q2

Document Fiscal Year Focus 2017

X

- References
No definition available.
+ Details

Name: FRPH_DocumentAndEntityInformationAbstract

Namespace Prefix: FRPH_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
If the value is true, then the document is an amendment to previously-filed/accepted document.
+ References
No definition available.
+ Details

Name: dei_AmendmentFlag

Namespace Prefix: dei_

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- Definition
End date of current fiscal year in the format --MM-DD.
+ References
No definition available.
+ Details

Name: dei_CurrentFiscalYearEndDate

Namespace Prefix: dei_

Data Type: xbrli:gMonthDayItemType

Balance Type: na

Period Type: duration

X

- Definition
This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.
+ References
No definition available.
+ Details

Name: dei_DocumentFiscalPeriodFocus

Namespace Prefix: dei_

Data Type: dei:fiscalPeriodItemType

Balance Type: na

Period Type: duration

X

- Definition
This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.
+ References
No definition available.
+ Details

Name: dei_DocumentFiscalYearFocus

Namespace Prefix: dei_

Data Type: xbrli:gYearItemType

Balance Type: na

Period Type: duration

X

- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.
+ References
No definition available.
+ Details

Name: dei_DocumentPeriodEndDate

Namespace Prefix: dei_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other".
+ References
No definition available.
+ Details

Name: dei_DocumentType

Namespace Prefix: dei_

Data Type: dei:submissionTypeItemType

Balance Type: na

Period Type: duration

X

- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation 12B
-Number 240
-Section 12b
-Subsection 1
+ Details

Name: dei_EntityCentralIndexKey

Namespace Prefix: dei_

Data Type: dei:centralIndexKeyItemType

Balance Type: na

Period Type: duration

X

- Definition
Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.
+ References
No definition available.
+ Details

Name: dei_EntityCommonStockSharesOutstanding

Namespace Prefix: dei_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition
Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.
+ References
No definition available.
+ Details

Name: dei_EntityCurrentReportingStatus

Namespace Prefix: dei_

Data Type: dei:yesNoItemType

Balance Type: na

Period Type: duration

X

- Definition
Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.
+ References
No definition available.
+ Details

Name: dei_EntityFilerCategory

Namespace Prefix: dei_

Data Type: dei:filerCategoryItemType

Balance Type: na

Period Type: duration

X

- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation 12B
-Number 240
-Section 12b
-Subsection 1
+ Details

Name: dei_EntityRegistrantName

Namespace Prefix: dei_

Data Type: xbrli:normalizedStringItemType

Balance Type: na

Period Type: duration

X

- Definition
Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.
+ References
No definition available.
+ Details

Name: dei_EntityVoluntaryFilers

Namespace Prefix: dei_

Data Type: dei:yesNoItemType

Balance Type: na

Period Type: duration

X

- Definition
Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.
+ References
No definition available.
+ Details

Name: dei_EntityWellKnownSeasonedIssuer

Namespace Prefix: dei_

Data Type: dei:yesNoItemType

Balance Type: na

Period Type: duration

XML 14 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1

Consolidated Balance Sheets - USD ($)
$ in Thousands

Jun. 30, 2017

Dec. 31, 2016

Assets:

Land $ 99,417 $ 99,417

Buildings and improvements 208,375 195,443

Projects under construction 6,917 11,779

Total investments in properties 314,709 306,639

Less accumulated depreciation and depletion 85,935 82,392

Net investments in properties 228,774 224,247

Real estate held for investment, at cost 7,176 7,176

Investments in joint ventures 21,557 22,901

Net real estate investments 257,507 254,324

Accounts receivable 789 710

Federal and state income taxes receivable 2,926 0

Unrealized rents 4,370 4,562

Deferred costs 5,436 6,786

Other assets 182 178

Total assets 271,210 266,560

Liabilities:

Lines of credit payable 6,355 6,665

Secured notes payable, current portion 4,673 4,526

Secured notes payable, less current portion 27,234 29,554

Accounts payable and accrued liabilities 3,213 3,747

Environmental remediation liability 2,037 2,037

Bank overdraft 171 254

Federal and state income taxes payable 0 887

Deferred revenue 200 1,126

Deferred income taxes 20,447 16,455

Deferred compensation 1,484 1,475

Deferred lease intangible, net 4 9

Tenant security deposits 906 1,005

Total liabilities 66,724 67,740

Commitments and contingencies (Note 8)

Shareholders' Equity:

Common stock, $.10 par value; 25,000,000 shares authorized, 10,002,167 and 9,914,054 shares issued and outstanding, respectively 1,000 991

Capital in excess of par value 55,211 52,647

Retained earnings 148,261 145,168

Accumulated other comprehensive income, net 14 14

Total shareholders' equity 204,486 198,820

Total liabilities and shareholders' equity $ 271,210 $ 266,560

X

- References
No definition available.
+ Details

Name: FRPH_DeferredLeaseIntangibleNet

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.15(1),(5))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03.15)
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910
+ Details

Name: us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(3))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(4))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_AccountsReceivableNetCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Carrying value of the obligation (known or estimated) arising from requirements to perform activities to remediate one or more sites, payable in twelve months or in the next operating cycle if longer.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 410
-SubTopic 30
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13207-110859

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=82911808&loc=d3e14326-108349

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=82887183&loc=d3e6911-107765

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 410
-SubTopic 30
-Section 50
-Paragraph 10
-Subparagraph (d)(1)
-URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13237-110859

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.20)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_AccruedEnvironmentalLossContingenciesCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=84228862&loc=d3e637-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=84228862&loc=d3e681-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI http://asc.fasb.org/extlink&oid=84228862&loc=SL7669686-108580
+ Details

Name: us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(30)(a)(1))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_AdditionalPaidInCapitalCommonStock

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(12))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(11))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878
+ Details

Name: us-gaap_Assets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- References
No definition available.
+ Details

Name: us-gaap_AssetsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Carrying value as of the balance sheet date of payments made in excess of existing cash balances, which will be honored by the bank but reflected as a loan to the entity. Overdrafts generally have a very short time frame for correction or repayment and are therefore more similar to short-term bank financing than trade financing.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.20)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 45
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=99376301&loc=d3e1243-112600
+ Details

Name: us-gaap_BankOverdrafts

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Amount before accumulated depreciation of building structures held for productive use including addition, improvement, or renovation to the structure, including, but not limited to, interior masonry, interior flooring, electrical, and plumbing.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 4
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=82887183&loc=d3e6812-107765

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229
+ Details

Name: us-gaap_BuildingsAndImprovementsGross

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03.(a),19)
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=82911808&loc=d3e14326-108349

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.17)
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_CommitmentsAndContingencies

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Value of all classes of common stock held by shareholders. May be all or portion of the number of common shares authorized. These shares exclude common shares repurchased by the entity and held as treasury shares.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_CommonStockValueOutstanding

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Amount of structure or a modification to a structure under construction. Includes recently completed structures or modifications to structures that have not been placed into service.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229
+ Details

Name: us-gaap_ConstructionInProgressGross

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Aggregate carrying value as of the balance sheet date of the liabilities for all deferred compensation arrangements payable within one year (or the operating cycle, if longer). Represents currently earned compensation under compensation arrangements that is not actually paid until a later date.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 710
-SubTopic 10
-Section 30
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6409875&loc=d3e20028-108363

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 710
-SubTopic 10
-Section 25
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6409733&loc=d3e19512-108361
+ Details

Name: us-gaap_DeferredCompensationLiabilityCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Sum of the carrying amounts of deferred costs that are expected to be recognized as a charge against earnings in periods after one year or beyond the normal operating cycle, if longer.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(10))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(17))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(10))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910
+ Details

Name: us-gaap_DeferredCosts

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
The cumulative difference between the rental payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense over the term of the leased property, by the lessor or lessee, respectively. Such receivable is reduced by allowances attributable to, for instance, credit risk associated with a lessee.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 20
-Section 35
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=77913719&loc=d3e40879-112712

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 20
-Section 25
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=77902458&loc=d3e39927-112707

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.8)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 20
-Section 25
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=77902458&loc=d3e39896-112707
+ Details

Name: us-gaap_DeferredRentReceivablesNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Amount of deferred revenue as of balance sheet date. Deferred revenue represents collections of cash or other assets related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 605
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 13.A.3)
-URI http://asc.fasb.org/extlink&oid=65893310&loc=d3e214044-122780

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 605
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 13.A.4(a).Q1)
-URI http://asc.fasb.org/extlink&oid=65893310&loc=d3e214044-122780
+ Details

Name: us-gaap_DeferredRevenue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, with jurisdictional netting and classified as noncurrent.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=84176650&loc=d3e31931-109318

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 45
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=84176650&loc=d3e31958-109318

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 45
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=84176650&loc=d3e31917-109318
+ Details

Name: us-gaap_DeferredTaxLiabilitiesNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Carrying amount as of the balance sheet date of income taxes previously overpaid to tax authorities (such as U.S. Federal, state and local tax authorities) representing refunds of overpayments or recoveries based on agreed-upon resolutions of disputes. Also called income tax refund receivable.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(8))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(10))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910
+ Details

Name: us-gaap_IncomeTaxReceivable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Total investments in (A) an entity in which the entity has significant influence, but does not have control, (B) subsidiaries that are not required to be consolidated and are accounted for using the equity and or cost method, and (C) an entity in which the reporting entity shares control of the entity with another party or group. Includes long-term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.12)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Amount before accumulated depletion of real estate held for productive use, excluding land held for sale.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 4
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=82887183&loc=d3e6812-107765

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.13)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_Land

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19-26)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_Liabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- References
No definition available.
+ Details

Name: us-gaap_LiabilitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(23))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(25))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(32))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_LiabilitiesAndStockholdersEquity

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(16))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(16))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878
+ Details

Name: us-gaap_LineOfCredit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Amount of assets classified as other.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(10))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(10))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(17))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_OtherAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
The cumulative amount of depreciation for real estate property held for investment purposes.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03.1(3))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910
+ Details

Name: us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Amount of real estate investment property which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03.1(d))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910
+ Details

Name: us-gaap_RealEstateInvestmentPropertyAtCost

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03.1(d))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910
+ Details

Name: us-gaap_RealEstateInvestmentPropertyNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Amount of real estate investments, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; (7) other real estate investments; (8) real estate joint ventures; and (9) unconsolidated real estate and other joint ventures not separately presented.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03.1(d))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910
+ Details

Name: us-gaap_RealEstateInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Amount of real estate owned for income production and capital accretion potential, not otherwise specified in the existing taxonomy. Such real estate excludes that which is occupied or used in the business, for entertainment purposes, or held in inventory for specific purposes.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03.1(d))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910
+ Details

Name: us-gaap_RealEstateInvestmentsOther

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
A segregation of retained earnings which is available for dividend distribution. Earnings not paid out as dividends but instead reinvested in the core business or used to pay off debt. Unappropriated profit is part of shareholder equity. Also called cumulative distributions or earned surplus or accumulated earnings or unappropriated profit.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(30)(a)(3)(ii))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(23)(a)(4)(ii))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910
+ Details

Name: us-gaap_RetainedEarningsUnappropriated

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Carrying value as of the balance sheet date of the portion of long-term, collateralized debt obligations due within one year or the operating cycle, if longer. Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(16)(a)(1))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(13))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(19))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_SecuredDebtCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Carrying amount of collateralized debt obligations with maturities initially due after one year or beyond the operating cycle, if longer, excluding the current portion. Obligations include, but not limited to, mortgage loans, chattel loans, and other borrowings secured by assets.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_SecuredLongTermDebt

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
This element represents money paid in advance to protect the provider of a product or service, such as a lessor, against damage or nonpayment by the buyer or tenant (lessee) during the term of the agreement. Such damages may include physical damage to the property, theft of property, and other contractual breaches. Security deposits held may be interest or noninterest bearing.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03.15(a))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910
+ Details

Name: us-gaap_SecurityDepositLiability

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(30))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 4.E)
-URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(31))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_StockholdersEquity

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- References
No definition available.
+ Details

Name: us-gaap_StockholdersEquityAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(15))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(20))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(15)(1))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878
+ Details

Name: us-gaap_TaxesPayableCurrentAndNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

XML 15 R3.htm IDEA: XBRL DOCUMENT v3.7.0.1

Consolidated Balance Sheets (Parenthetical) - $ / shares

Jun. 30, 2017

Dec. 31, 2016

Statement of Financial Position [Abstract]

Common stock, par value $ 0.10 $ 0.10

Common stock, shares authorized 25,000,000 25,000,000

Common stock, shares issued and outstanding 10,002,167 9,914,054

X

- Definition
Face amount or stated value per share of common stock.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_CommonStockParOrStatedValuePerShare

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: instant

X

- Definition
The maximum number of common shares permitted to be issued by an entity's charter and bylaws.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_CommonStockSharesAuthorized

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition
Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_CommonStockSharesIssued

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- References
No definition available.
+ Details

Name: us-gaap_StatementOfFinancialPositionAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 16 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1

Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2017

Jun. 30, 2016

Revenues:

Rental revenue $ 6,222 $ 6,082 $ 12,505 $ 12,171

Mining Royalty and rents 1,809 2,033 3,548 3,789

Revenue - reimbursements 1,329 1,128 2,629 2,898

Total revenues 9,360 9,243 18,682 18,858

Cost of operations:

Depreciation, depletion and amortization 2,202 2,066 4,261 3,995

Operating expenses 1,002 974 2,003 2,505

Environmental remediation expense 0 2,000 0 2,000

Property taxes 1,129 1,128 2,191 2,270

Management company indirect 475 425 944 921

Corporate expenses (Note 4 Related Party) 566 684 1,893 1,692

Total cost of operations 5,374 7,277 11,292 13,383

Total operating profit 3,986 1,966 7,390 5,475

Interest income 0 0 0 1

Interest expense (371) (392) (619) (807)

Equity in loss of joint ventures (806) (186) (1,577) (272)

Gain (Loss) on investment land sold 0 (109) 0 (109)

Income before income taxes 2,809 1,279 5,194 4,288

Provision for income taxes 1,096 505 2,038 1,694

Net income 1,713 774 3,156 2,594

Comprehensive income $ 1,713 $ 774 $ 3,156 $ 2,594

Earnings per common share:

Basic $ 0.17 $ 0.08 $ 0.32 $ 0.26

Diluted $ 0.17 $ 0.08 $ 0.32 $ 0.26

Number of shares (in thousands) used in computing:

-basic earnings per common share 9,965 9,864 9,948 9,858

-diluted earnings per common share 10,038 9,907 10,019 9,900

X

- References
No definition available.
+ Details

Name: FRPH_OperatingCostsDepreciationDepletionAmortization

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=84228862&loc=d3e557-108580
+ Details

Name: us-gaap_ComprehensiveIncomeNetOfTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Total costs related to services rendered by an entity during the reporting period.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.2(d))
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688
+ Details

Name: us-gaap_CostOfServices

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_EarningsPerShareAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=96948231&loc=d3e4984-109258

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1252-109256

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882
+ Details

Name: us-gaap_EarningsPerShareBasic

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1252-109256

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882
+ Details

Name: us-gaap_EarningsPerShareDiluted

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- Definition
The charge against earnings in the period for known or estimated future costs arising from requirements to perform environmental remediation activities.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 410
-SubTopic 30
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13296-110859

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585
+ Details

Name: us-gaap_EnvironmentalRemediationExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The difference between the carrying value and the sale price of real estate or properties that were intended to be sold or held for capital appreciation or rental income. This element refers to the gain (loss) included in earnings and not to the cash proceeds of the sale. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585
+ Details

Name: us-gaap_GainLossOnSaleOfProperties

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The portion of earnings or loss from continuing operations before income taxes that is attributable to domestic operations.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h)(1)(i))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690
+ Details

Name: us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(12))
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(10))
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66022249&loc=d3e33749-111570

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(13)(f))
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882
+ Details

Name: us-gaap_IncomeLossFromEquityMethodInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-Subparagraph (a),(b)
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690
+ Details

Name: us-gaap_IncomeTaxExpenseBenefit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The amount of interest income and other income recognized during the period. Included in this element is interest derived from investments in debt securities, cash and cash equivalents, and other investments which reflect the time value of money or transactions in which the payments are for the use or forbearance of money and other income from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business).
+ References
No definition available.
+ Details

Name: us-gaap_InterestAndOtherIncome

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of the cost of borrowed funds accounted for as interest expense.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28555-108399

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04.9)
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882
+ Details

Name: us-gaap_InterestExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense.
+ References
No definition available.
+ Details

Name: us-gaap_OperatingCostsAndExpenses

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_OperatingCostsAndExpensesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.
+ References
No definition available.
+ Details

Name: us-gaap_OperatingExpenses

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The net result for the period of deducting operating expenses from operating revenues.
+ References
No definition available.
+ Details

Name: us-gaap_OperatingIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The total amount of revenue recognized for the period from operating leases, including minimum lease revenue, contingent revenue, percentage revenue and sublease revenue.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 20
-Section 25
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=77902458&loc=d3e39896-112707
+ Details

Name: us-gaap_OperatingLeasesIncomeStatementLeaseRevenue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4K
-URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591552-111686

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=96868048&loc=SL4569616-111683

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=84161450&loc=SL4573702-111684

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4J
-URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591551-111686

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (a)(2)
-URI http://asc.fasb.org/extlink&oid=84161450&loc=SL4573702-111684
+ Details

Name: us-gaap_ProfitLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
A tax based on the assessed value of real estate by the local government. The tax is usually based on the value of property (including the land).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 720
-SubTopic 30
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6419918&loc=d3e35301-107843
+ Details

Name: us-gaap_RealEstateTaxExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Aggregate revenue from the sale of minerals and related products, and from rendering services such as exploration, development, mining, processing and providing mining support activities.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1(a),(d))
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688
+ Details

Name: us-gaap_RevenueMineralSales

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688
+ Details

Name: us-gaap_Revenues

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_RevenuesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The aggregate costs related to delivering management services during the reporting period.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.2(d))
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688
+ Details

Name: us-gaap_ServiceManagementCosts

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
In accordance with the provisions of their lease agreement, this element represents allowable charges due a landlord from its tenant. In retail store and office building leases, for example, tenant reimbursements may cover items such as taxes, utilities, and common area expenses.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1(e))
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688
+ Details

Name: us-gaap_TenantReimbursements

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1505-109256

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257
+ Details

Name: us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1448-109256
+ Details

Name: us-gaap_WeightedAverageNumberOfSharesOutstandingBasic

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

XML 17 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1

Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Cash flows from operating activities:

Net income $ 3,156 $ 2,594

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation, depletion and amortization 4,398 4,109

Deferred income taxes 3,992 (1,581)

Equity in loss of joint ventures 1,577 272

Loss on sale of equipment and property 17 89

Stock-based compensation 555 475

Net changes in operating assets and liabilities:

Accounts receivable (79) (317)

Deferred costs and other assets 738 280

Accounts payable and accrued liabilities (1,460) 2,681

Income taxes payable and receivable (3,813) (764)

Other long-term liabilities (95) 14

Net cash provided by operating activities 8,986 7,852

Cash flows from investing activities:

Investments in properties (8,139) (2,430)

Investments in joint ventures (236) (347)

Cash held in escrow 0 1,174

Proceeds from sale of assets 0 2,166

Net cash (used in) provided by investing activities (8,375) 563

Cash flows from financing activities:

Decrease in bank overdrafts (83) (69)

Repayment of long-term debt (2,173) (2,090)

Proceeds from borrowing on revolving credit facility 10,783 3,893

Payment on revolving credit facility (11,093) (6,821)

Repurchase of Company Stock (74) (43)

Exercise of employee stock options 2,029 184

Net cash used in financing activities (611) (4,946)

Net increase in cash and cash equivalents 0 3,469

Cash and cash equivalents at beginning of period 0 0

Cash and cash equivalents at end of the period $ 0 $ 3,469

X

- References
No definition available.
+ Details

Name: us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 14.F)
-URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5047-113901

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)(i)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_AllocatedShareBasedCompensationExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=82887183&loc=d3e6676-107765

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3044-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.1)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_CashAndCashEquivalentsAtCarryingValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 24
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 230
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=98513438&loc=d3e33268-110906
+ Details

Name: us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 6.I.7)
-URI http://asc.fasb.org/extlink&oid=34349781&loc=d3e330036-122817
+ Details

Name: us-gaap_DeferredIncomeTaxExpenseBenefit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585
+ Details

Name: us-gaap_DepreciationDepletionAndAmortization

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585
+ Details

Name: us-gaap_GainLossOnSaleOfPropertyPlantEquipment

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(12))
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(10))
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66022249&loc=d3e33749-111570

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(13)(f))
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882
+ Details

Name: us-gaap_IncomeLossFromEquityMethodInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585
+ Details

Name: us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585
+ Details

Name: us-gaap_IncreaseDecreaseInAccountsReceivable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The increase (decrease) during the reporting period in the amounts payable to taxing authorities for taxes that are based on the reporting entity's earnings, net of amounts receivable from taxing authorities for refunds of overpayments or recoveries of income taxes.
+ References
No definition available.
+ Details

Name: us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_IncreaseDecreaseInOperatingAssetsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of increase (decrease) in noncurrent operating liabilities classified as other.
+ References
No definition available.
+ Details

Name: us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of increase (decrease) in prepaid expenses, and assets classified as other.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585
+ Details

Name: us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The net cash inflow or outflow for the increase (decrease) associated with funds that are not available for withdrawal or use (such as funds held in escrow) and are associated with underlying transactions that are classified as investing activities.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3213-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3179-108585
+ Details

Name: us-gaap_IncreaseDecreaseInRestrictedCash

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 24
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3574-108585
+ Details

Name: us-gaap_NetCashProvidedByUsedInFinancingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 24
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3574-108585
+ Details

Name: us-gaap_NetCashProvidedByUsedInInvestingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 24
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3536-108585
+ Details

Name: us-gaap_NetCashProvidedByUsedInOperatingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The net cash outflow or inflow from purchases, sales and disposals of property, plant and equipment and other productive assets, including intangibles.
+ References
No definition available.
+ Details

Name: us-gaap_PaymentsForProceedsFromProductiveAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The cash outflow to reacquire common stock during the period.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 15
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3291-108585
+ Details

Name: us-gaap_PaymentsForRepurchaseOfCommonStock

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The cash outflow associated with the investment in or advances to an entity in which the reporting entity shares control of the entity with another party or group.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 13
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3213-108585
+ Details

Name: us-gaap_PaymentsToAcquireInterestInJointVenture

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 13
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3213-108585
+ Details

Name: us-gaap_PaymentsToAcquirePropertyPlantAndEquipment

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of cash inflow from issuance of shares under share-based compensation arrangement. Issuance includes, but is not limited to, exercise of stock options and similar instruments.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 14
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3255-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2A
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=SL79508275-113901
+ Details

Name: us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of cash inflow from contractual arrangement with the lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 14
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3255-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690
+ Details

Name: us-gaap_ProceedsFromLinesOfCredit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The net cash inflow or outflow from the excess drawing from an existing cash balance, which will be honored by the bank but reflected as a loan to the drawer.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3095-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 9
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3098-108585
+ Details

Name: us-gaap_ProceedsFromRepaymentsOfBankOverdrafts

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4K
-URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591552-111686

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=96868048&loc=SL4569616-111683

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=84161450&loc=SL4573702-111684

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4J
-URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591551-111686

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (a)(2)
-URI http://asc.fasb.org/extlink&oid=84161450&loc=SL4573702-111684
+ Details

Name: us-gaap_ProfitLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of cash outflow for payment of an obligation from a lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 15
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3291-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690
+ Details

Name: us-gaap_RepaymentsOfLinesOfCredit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 15
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3291-108585
+ Details

Name: us-gaap_RepaymentsOfLongTermDebt

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

XML 18 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1

Basis of Presentation
6 Months Ended

Jun. 30, 2017

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation

(1) Description of Business and Basis of Presentation.

FRP Holdings, Inc. (“FRP” or the “Company”) is a holding company engaged in the real estate business, namely (i) warehouse/office building ownership, leasing and management, (ii) mining royalty land ownership and leasing and (iii) land acquisition, entitlement and development primarily for future warehouse/office or residential building construction.

The accompanying consolidated financial statements include the accounts of FRP Holdings, Inc. (the “Company” or “FRP”) inclusive of our operating real estate subsidiaries, FRP Development Corp. (“Development”) and Florida Rock Properties, Inc. (”Properties”). Our investment in the Brooksville joint venture, BC FRP Realty joint venture and Riverfront Investment Partners I, LLC are accounted for under the equity method of accounting (See Note 11). These statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and the instructions to Form 10-Q and do not include all the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, all adjustments (primarily consisting of normal recurring accruals) considered necessary for a fair statement of the results for the interim periods have been included. Operating results for the six months ended June 30, 2017 are not necessarily indicative of the results that may be expected for the year ending December 31, 2017. The accompanying consolidated financial statements and the information included under the heading "Management's Discussion and Analysis of Financial Condition and Results of Operations" should be read in conjunction with the Company's consolidated financial statements and related notes included in the Company’s Form 10-K for the year ended September 30, 2016.

On December 19, 2016, the Company changed its fiscal year end from September 30 to December 31. The quarter ended December 31, 2016 was a transition period.

X

- Definition
The entire disclosure for the basis of accounting, or basis of presentation, used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-URI http://asc.fasb.org/topic&trid=2122369
+ Details

Name: us-gaap_BasisOfAccounting

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 19 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1

Recently Issued Accounting Standards
6 Months Ended

Jun. 30, 2017

Notes to Financial Statements

Recently Issued Accounting Standards

(2) Recently Issued Accounting Standards. In February 2016, the FASB issued ASU No. 2016-02, “Leases”, which requires lessees to recognize a right-to-use asset and a lease obligation for all leases. Lessees are permitted to make an accounting policy election to not recognize an asset and liability for leases with a term of twelve months or less. Additional qualitative and quantitative disclosures, including significant judgments made by management, will be required. Lessors will account for leases using an approach that is substantially equivalent to existing accounting standards. The new standard will become effective for the Company beginning with the first quarter 2020 and requires a modified retrospective transition approach and includes a number of practical expedients. Early adoption of the standard is permitted. As the Company is primarily a lessor the adoption of this guidance is not expected to have a material impact on its financial statements.

In March 2016, the FASB issued ASU No. 2016-09, “Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting”. The ASU includes multiple provisions intended to simplify various aspects of the accounting for share-based payments. Excess tax benefits for share-based payments are recorded as a reduction of income taxes and reflected in operating cash flows upon the adoption of this ASU. Excess tax benefits were recorded in equity and as financing activity prior to adoption of this ASU. In addition, the guidance allows for a policy election to account for forfeitures as they occur rather than on an estimated basis. This guidance is effective for annual and interim reporting periods of public entities beginning after December 15, 2016 with early adoption permitted. The Company adopted this guidance prospectively as of October 1, 2016. As a result of this adoption in the first six months of 2017 we recorded a $14,000 reduction of income tax expense from excess tax benefits on stock option exercises.

In January 2017, the FASB issued ASU No. 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business”, to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions of assets or businesses. To be considered a business, an acquisition would have to include an input and a substantive process that together significantly contribute to the ability to create outputs. The new guidance provides a framework to evaluate when an input and a substantive process are present. To be a business without outputs, there will now need to be an organized workforce. ASU 2017-01 further states that when substantially all of the fair value of gross assets acquired is concentrated in a single asset (or a group of similar assets), the assets acquired would not represent a business. The amendments in the update are effective for the Company’s financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those years. Early adoption is permitted. The Company is currently evaluating the amendments from this Update, but expects it to change the treatment of building acquisitions from being considered a business to being considered an asset. This change will result in acquisition costs being capitalized as part of the asset acquisition, whereas current treatment has them recognized in earnings in the period incurred.

X

- References
No definition available.
+ Details

Name: FRPH_NotesToFinancialStatementsAbstract

Namespace Prefix: FRPH_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22580-107794

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22499-107794

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.10-01.(b)(6))
-URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22583-107794

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305
+ Details

Name: us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 20 R8.htm IDEA: XBRL DOCUMENT v3.7.0.1

Business Segments
6 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Business Segments

(3) Business Segments. The Company is reporting its financial performance based on three reportable segments, Asset Management, Mining Royalty Lands and Land Development and Construction, as described below.

The Asset Management segment owns, leases and manages warehouse/office buildings located predominately in the Baltimore/Northern Virginia/Washington, DC market area.

Our Mining Royalty Lands segment owns several properties comprising approximately 15,000 acres currently under lease for mining rents or royalties (this does not include the 4,280 acres owned in our Brooksville joint venture with Vulcan Materials). Other than one location in Virginia, all of these properties are located in Florida and Georgia.

Through our Land Development and Construction segment, we own and are continuously monitoring for their “highest and best use” several parcels of land that are in various stages of development. Our overall strategy in this segment is to convert all of our non-income producing lands into income production through (i) an orderly process of constructing new warehouse/office buildings for us to own and operate or (ii) a sale to, or joint venture with, third parties.

Operating results and certain other financial data for the Company’s business segments are as follows (in thousands):

Three Months ended Six Months ended

June 30, June 30,

2017 2016 2017 2016

Revenues:

Asset management $ 7,194 6,927 14,479 14,501

Mining royalty lands 1,833 2,059 3,595 3,837

Land development and construction 333 257 608 520

9,360 9,243 18,682 18,858

Operating profit:

Before corporate expenses:

 Asset management $ 3,234 3,318 6,735 6,741

 Mining royalty lands 1,701 1,940 3,326 3,589

 Land development and construction (383 ) (2,608 ) (778 ) (3,163 )

Corporate expenses:

 Allocated to asset management (321 ) (354 ) (1,074 ) (874 )

 Allocated to mining royalty (28 ) (52 ) (94 ) (127 )

 Allocated to land development and construction (217 ) (278 ) (725 ) (691 )

(566 ) (684 ) (1,893 ) (1,692 )

$ 3,986 1,966 7,390 5,475

Interest expense:

Asset management $ 371 392 619 807

Depreciation, depletion and amortization:

Asset management $ 2,057 1,985 4,022 3,820

Mining royalty lands 35 15 74 46

Land development and construction 110 66 165 129

$ 2,202 2,066 4,261 3,995

Capital expenditures:

Asset management $ 3,532 761 4,788 1,234

Mining royalty lands — 102 — 106

Land development and construction 878 611 3,351 1,090

$ 4,410 1,474 8,139 2,430

June 30, December 31,

Identifiable net assets 2017 2016

Asset management $ 179,350 169,736

Mining royalty lands 38,990 39,259

Land development and construction 49,527 57,126

Cash items — —

Unallocated corporate assets 3,343 439

$ 271,210 266,560

X

- References
No definition available.
+ Details

Name: us-gaap_SegmentReportingAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510
+ Details

Name: us-gaap_SegmentReportingDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 21 R9.htm IDEA: XBRL DOCUMENT v3.7.0.1

Related Party Transactions
6 Months Ended

Jun. 30, 2017

Related Party Transactions [Abstract]

Related Party Transactions

(4) Related Party Transactions. The Company is a party to a Transition Services Agreement which resulted from our January 30, 2015 spin-off of Patriot Transportation Holding, Inc. (Patriot). The Transition Services Agreement sets forth the terms on which Patriot will provide to FRP certain services that were shared prior to the Spin-off, including the services of certain shared executive officers. The boards of the respective companies amended and extended this agreement for one year effective April 1, 2017.

The consolidated statements of income reflect charges and/or allocation from Patriot for these services of $320,000 and $388,000 for the three months ended June 30, 2017 and 2016, and $877,000 and $794,000 for the six months ended June 30, 2017 and 2016, respectively. Included in the charges above are amounts recognized for corporate executive stock-based compensation expense. These charges are reflected as part of corporate expenses.

To determine these allocations between FRP and Patriot as set forth in the Transition Services Agreement, we generally employed the same methodology historically used by the Company pre Spin-off to allocate said expenses and thus we believe that the allocations to FRP are a reasonable approximation of the costs related to FRP’s operations but any such related-party transactions cannot be presumed to be carried out on an arm’s-length basis as the terms were negotiated while Patriot was still a subsidiary of FRP.

X

- References
No definition available.
+ Details

Name: us-gaap_RelatedPartyTransactionsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-URI http://asc.fasb.org/topic&trid=2122745
+ Details

Name: us-gaap_RelatedPartyTransactionsDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 22 R10.htm IDEA: XBRL DOCUMENT v3.7.0.1

Long-Term Debt
6 Months Ended

Jun. 30, 2017

Debt Disclosure [Abstract]

Long-Term Debt

(5) Long-Term Debt. Long-term debt is summarized as follows (in thousands):

June 30, December 31,

2017 2016

Revolving credit (uncollateralized) $ 6,355 6,665

5.6% to 7.9% mortgage notes

 due in installments through 2027 31,907 34,080

38,262 40,745

Less portion due within one year 4,673 4,526

$ 33,589 36,219

On January 30, 2015, the Company entered into a five year credit agreement with Wells Fargo with a maximum facility amount of $20 million (the "Credit Agreement"). The Credit Agreement provides a revolving credit facility (the “Revolver”) with a $10 million sublimit available for standby letters of credit. As of June 30, 2017, there was $5,733,000 outstanding on the revolver, $2,266,000 outstanding under letters of credit and $12,001,000 available for borrowing. The letters of credit were issued to guarantee certain obligations to state agencies related to real estate development. Most of the letters of credit are irrevocable for a period of one year and typically are automatically extended for additional one-year periods. The Revolver bears interest at a rate of 1.4% over the selected LIBOR, which may change quarterly based on the Company’s ratio of Consolidated Total Debt to Consolidated Total Capital, as defined. A commitment fee of 0.15% per annum is payable quarterly on the unused portion of the commitment. The commitment fee may also change quarterly based upon the ratio described above. The credit agreement contains certain conditions and financial covenants, including a minimum $110 million tangible net worth. As of June 30, 2017, the tangible net worth covenant would have limited our ability to pay dividends or repurchase stock with borrowed funds to a maximum of $76.6 million combined. The Company was in compliance with all covenants as of June 30, 2017.

On July 24, 2015 the Company closed on a five year, $20 million secured revolver with First Tennessee Bank with a twenty-four month window to convert up to the full amount of the facility into a ten year term loan. Interest accrues at 1.90% over one month LIBOR plus an annual commitment fee of 0.10%. As of June 30, 2017, there was $622,000 outstanding on the revolver and $19,378,000 available for borrowing. The Company expects to close on a second facility with First Tennessee Bank with a $20 million ten year term loan secured by to-be-determined collateral. The purpose of these loans is to facilitate growth through new construction in the Land Development and Construction segment and/or acquisition of existing, operating buildings to be added to the Asset Management segment.

During the three months ended June 30, 2017 and June 30, 2016 the Company capitalized interest costs of $232,000 and $240,000, respectively. During the six months ended June 30, 2017 and June 30, 2016 the Company capitalized interest costs of $602,000 and $482,000, respectively.

X

- References
No definition available.
+ Details

Name: us-gaap_DebtDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The entire disclosure for long-term debt.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI http://asc.fasb.org/topic&trid=2208564
+ Details

Name: us-gaap_LongTermDebtTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 23 R11.htm IDEA: XBRL DOCUMENT v3.7.0.1

Earnings per Share
6 Months Ended

Jun. 30, 2017

Earnings per common share:

Earnings per Share

(6) Earnings per Share. The following details the computations of the basic and diluted earnings per common share (in thousands, except per share amounts):

Three Months ended Six Months ended

June 30, June 30,

2017 2016 2017 2016

Weighted average common shares

outstanding during the period

- shares used for basic

earnings per common share 9,965 9,864 9,948 9,858

Common shares issuable under

share based payment plans

which are potentially dilutive 73 43 71 42

Common shares used for diluted

earnings per common share 10,038 9,907 10,019 9,900

Net income $ 1,713 774 3,156 2,594

Basic earnings per common share:

Basic $ 0.17 0.08 0.32 0.26

Diluted $ 0.17 0.08 0.32 0.26

For the three and six months ended June 30, 2017, 13,610 and 22,422 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. For the three and six months ended June 30, 2016, 72,090 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.

X

- References
No definition available.
+ Details

Name: us-gaap_EarningsPerShareAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The entire disclosure for earnings per share.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383
+ Details

Name: us-gaap_EarningsPerShareTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 24 R12.htm IDEA: XBRL DOCUMENT v3.7.0.1

Stock-Based Compensation Plans
6 Months Ended

Jun. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation Plans

(7) Stock-Based Compensation Plans. The Company has two Stock Option Plans (the 2006 Stock Incentive Plan and the 2016 Equity Incentive Option Plan) under which options for shares of common stock were granted to directors, officers and key employees. The 2016 plan permits the grant of stock options, stock appreciation rights, restricted stock awards, restricted stock units, or stock awards. The options awarded under the plans have similar characteristics. All stock options are non-qualified and expire ten years from the date of grant. Stock based compensation awarded to directors, officers and employees are exercisable immediately or become exercisable in cumulative installments of 20% or 25% at the end of each year following the date of grant. When stock options are exercised the Company issues new shares after receipt of exercise proceeds and taxes due, if any, from the grantee. The number of common shares available for future issuance was 569,917 at June 30, 2017.

The Company utilizes the Black-Scholes valuation model for estimating fair value of stock compensation for options awarded to officers and employees. Each grant is evaluated based upon assumptions at the time of grant. The assumptions were no dividend yield, expected volatility between 35% and 46%, risk-free interest rate of .3% to 4.2% and expected life of .25 to 7.0 years.

The dividend yield of zero is based on the fact that the Company does not pay cash dividends and has no present intention to pay cash dividends. Expected volatility is estimated based on the Company’s historical experience over a period equivalent to the expected life in years. The risk-free interest rate is based on the U.S. Treasury constant maturity interest rate at the date of grant with a term consistent with the expected life of the options granted. The expected life calculation is based on the observed and expected time to exercise options by the employees.

As previously disclosed, Thompson S. Baker II resigned from his position as CEO and from the board of directors on March 13, 2017. In recognition of his outstanding service to the Company, the Board approved the vesting of all of Mr. Baker's outstanding FRP stock options, which expired 90 days following the termination of his employment. The vesting of Mr. Baker’s outstanding FRP options that were issued prior to the spin-off required Patriot to record modification stock compensation expense of $150,000. FRP reimbursed Patriot for this cost under the transition services agreement. The vesting of Mr. Baker’s outstanding FRP options that were issued subsequent to the spin-off required modified stock compensation expense of $41,000.

The Company recorded the following stock compensation expense in its consolidated statements of income (in thousands):

Three Months ended Six Months ended

June 30, June 30,

2017 2016 2017 2016

Stock option grants $ 33 32 110 63

Annual director stock award — — 445 412

$ 33 32 555 475

A summary of changes in outstanding options is presented below (in thousands, except share and per share amounts):

Weighted Weighted Weighted

Number Average Average Average

Of Exercise Remaining Grant Date

Options Shares Price Term (yrs) Fair Value(000's)

Outstanding at

 January 1, 2017 236,385 $ 25.35 6.1 $ 2,440

 Granted 4,555 $ 37.55 $ 75

 Modification — $ 30.21 $ (137 )

 Exercised (79,630 ) $ 25.48 $ (756 )

Outstanding at

 June 30, 2017 161,310 $ 25.63 5.7 $ 1,622

Exercisable at

 June 30, 2017 119,020 $ 23.66 4.9 $ 1,038

Vested during

 six months ended

 June 30, 2017 26,839 $ 223

The aggregate intrinsic value of exercisable in-the-money options was $2,677,000 and the aggregate intrinsic value of outstanding in-the-money options was $3,310,000 based on the market closing price of $46.15 on June 30, 2017 less exercise prices.

The unrecognized compensation cost of options granted to FRP employees but not yet vested as of June 30, 2017 was $376,000, which is expected to be recognized over a weighted-average period of 3.7 years.

Gains of $1,347,000 were realized by option holders during the six months ended June 30, 2017. Patriot realized the tax benefits of $1,238,000 of these gains because these options were exercised by Patriot employees for options granted prior to the spin-off.

X

- References
No definition available.
+ Details

Name: us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5047-113901
+ Details

Name: us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 25 R13.htm IDEA: XBRL DOCUMENT v3.7.0.1

Contingent liabilities
6 Months Ended

Jun. 30, 2017

Notes to Financial Statements

Contingent liabilities

(8) Contingent Liabilities. Certain of the Company’s subsidiaries are involved in litigation on a number of matters and are subject to certain claims which arise in the normal course of business. The Company has retained certain self-insurance risks with respect to losses for third party liability and property damage. The liability at any point in time depends upon the relative ages and amounts of the individual open claims. In the opinion of management, none of these matters are expected to have a material adverse effect on the Company’s consolidated financial condition, results of operations or cash flows.

Preliminary testing on the site of the Company's four phase master development known as RiverFront on the Anacostia in Washington, D.C. indicated the presence of contaminated material that will have to be specially handled upon excavation in conjunction with construction. The Company has agreed with our joint venture partner to bear the cost of handling the contaminated materials on the first phase of this development up to a cap of $1.871 million. As of September 30, 2016, the excavation and foundation work for Phase 1 were substantially complete; thus, the bulk of the remediation expenses have been incurred. Management believes the total cost for remediation on Phase 1 will end up at approximately $1.9 million. During the quarter ending December 31, 2015, management successfully completed negotiations and entered into a $3,000,000 settlement of environmental claims on all four phases against our former tenant at the Riverfront on the Anacostia property and continues to pursue settlement negotiations with other potentially responsible parties. The Company executed a letter of intent with MRP Realty in May 2016 to develop Phase II of the Riverfront on the Anacostia project and recorded an estimated environmental remediation expense of $2.0 million for the Company’s estimated liability under the proposed agreement. The Company has no obligation to remediate this contamination on Phases III and IV of the development until such time as it makes a commitment to commence construction on each phase. The Company's actual expense to address this issue may be materially higher or lower than the expense previously recorded depending upon the actual costs incurred.

X

- References
No definition available.
+ Details

Name: FRPH_ContingentLiabilitiesTextBlock

Namespace Prefix: FRPH_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: FRPH_NotesToFinancialStatementsAbstract

Namespace Prefix: FRPH_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 26 R14.htm IDEA: XBRL DOCUMENT v3.7.0.1

Concentrations
6 Months Ended

Jun. 30, 2017

Risks and Uncertainties [Abstract]

Concentrations

(9) Concentrations. With the completion and occupancy of the 3rd build to suit for the same tenant at Patriot Business Park in the first quarter of fiscal 2015 this particular tenant accounted for 11% of the Company’s consolidated revenues during the quarter ended June 30, 2017. The mining royalty lands segment has a total of four tenants currently leasing mining locations and one lessee that accounted for 15.7% of the Company’s consolidated revenues during the six months ended June 30, 2017 and $199,908 of accounts receivable at June 30, 2017. The termination of these lessees’ underlying leases could have a material adverse effect on the Company. The Company places its cash and cash equivalents with Tennessee Bank. At times, such amounts may exceed FDIC limits.

X

- Definition
The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-URI http://asc.fasb.org/topic&trid=2134479
+ Details

Name: us-gaap_ConcentrationRiskDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_RisksAndUncertaintiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 27 R15.htm IDEA: XBRL DOCUMENT v3.7.0.1

Fair Value Measurements
6 Months Ended

Jun. 30, 2017

Fair Value Disclosures [Abstract]

Fair Value Measurements

(10) Fair Value Measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. Level 1 means the use of quoted prices in active markets for identical assets or liabilities. Level 2 means the use of values that are derived principally from or corroborated by observable market data. Level 3 means the use of inputs are those that are unobservable and significant to the overall fair value measurement.

As of June 30, 2017 the Company had no assets or liabilities measured at fair value on a recurring or non-recurring basis. At June 30, 2017 and 2016, the carrying amount reported in the consolidated balance sheets for cash and cash equivalents, short-term notes payable and revolving credit approximate their fair value based upon the short-term nature of these items.

The fair values of the Company’s other mortgage notes payable were estimated based on current rates available to the Company for debt of the same remaining maturities. At June 30, 2017, the carrying amount and fair value of such other long-term debt was $38,262,000 and $41,165,000, respectively. At December 31, 2016, the carrying amount and fair value of such other long-term debt was $40,745,000 and $43,747,000, respectively.

X

- References
No definition available.
+ Details

Name: us-gaap_FairValueDisclosuresAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-URI http://asc.fasb.org/topic&trid=2155941
+ Details

Name: us-gaap_FairValueDisclosuresTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 28 R16.htm IDEA: XBRL DOCUMENT v3.7.0.1

Investment in Joint Ventures
6 Months Ended

Jun. 30, 2017

Equity Method Investments and Joint Ventures [Abstract]

Investment in Joint Ventures

(11) Investments in Joint Ventures.

RiverFront. On March 30, 2012 the Company entered into a Contribution Agreement with MRP SE Waterfront Residential, LLC. (“MRP”) to form a joint venture to develop the first phase only of the four phase master development known as RiverFront on the Anacostia in Washington, D.C. The purpose of the Joint Venture is to develop, own, lease and ultimately sell an approximately 300,000 square foot residential apartment building (including approximately 18,000 square feet of retail) on approximately 2 acres of the roughly 5.82 acre site. The joint venture, RiverFront Investment Partners I, LLC (“RiverFront I”) was formed in June 2013 as contemplated. The Company contributed land with an agreed to value of $13,500,000 (cost basis of $6,165,000) and contributed cash of $4,866,000 to the Joint Venture for a 77.14% stake in the venture. MRP contributed capital of $5,553,000 to the joint venture including development costs paid prior to formation of the joint venture. The Joint Venture closed on $17,000,000 of EB5 secondary financing and a nonrecourse construction loan for $65,000,000 on August 8, 2014. Both these financing sources are non-recourse to FRP. At the time of these financings, RiverFront Holdings I, LLC. was formed as a parent to RiverFront Investment Partners I, LLC with EB5 as an equity partner in Riverfront Holdings I, LLC. Construction commenced in October 2014, first occupancy was in August 2016 and the Company anticipates lease up to occur during all of 2017. The joint venture intends to refinance the construction loan before the initial maturity date of August 7, 2018. The Company’s equity interest in the joint venture is accounted for under the equity method of accounting as MRP acts as the administrative agent of the joint venture and oversees and controls the day to day operations of the project. Other income for the six months ended June 30, 2017 includes a loss of $1,558,000 representing the Company’s portion of the loss of this joint venture. The company and MRP Realty executed a letter of intent in May 2016 and a Contribution Agreement in February 2017 to develop Phase II but the joint venture is not yet formed.

Brooksville. In 2006, the Company entered into a Joint Venture Agreement with Vulcan Materials Company to jointly own and develop approximately 4,300 acres of land near Brooksville, Florida. Under the terms of the joint venture, FRP contributed its fee interest in approximately 3,443 acres formerly leased to Vulcan under a long-term mining lease which had a net book value of $2,548,000. Vulcan is entitled to mine a portion of the property until 2032 and pay royalties to the Company. FRP also contributed $3,018,000 for one-half of the acquisition costs of a 288-acre contiguous parcel. Vulcan contributed 553 acres that it owned as well as its leasehold interest in the 3,443 acres that it leased from FRP and $3,018,000 for one-half of the acquisition costs of the 288-acre contiguous parcel. The joint venture is jointly controlled by Vulcan and FRP. Distributions will be made on a 50-50 basis except for royalties and depletion specifically allocated to the Company. Other income for the six months ended June 30, 2017 includes a loss of $19,000 representing the Company’s portion of the loss of this joint venture.

BC FRP Realty (Windlass Run). During the quarter ending March 2016, we entered into an agreement with a Baltimore development company (St. John Properties, Inc.) to jointly develop the remaining lands of our Windlass Run Business Park. The 50/50 partnership initially calls for FRP to combine its 25 acres (valued at $7,500,000) with St. John Properties’ adjacent 10 acres fronting on a major state highway (valued at $3,239,536) which resulted in an initial cash distribution of $2,130,232 to FRP in May, 2016. Thereafter, the venture will jointly develop the combined properties into a multi-building business park to consist of approximately 329,000 square feet of single story office space.

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 June 30, 2017

RiverFront Holdings I, LLC 77.14 % $8,583 $91,641 $ (2,019 ) $ (1,558 )

Brooksville Quarry, LLC 50.00 % 7,500 14,343 (38 ) (19 )

BC FRP Realty, LLC 50.00 % 5,474 11,113 — —

 Total $ 21,557 $ 117,097 $ (2,057 ) $ (1,577 )

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 )

As of June 30, 2017

Riverfront Brooksville BC FRP

Holdings I, LLC Quarry, LLC Realty, LLC Total

Investments in real estate, net $ 88,993 $ 14,309 $ 11,069 $ 114,371

Cash 2,295 26 44 2,365

Cash held in escrow 171 — — 171

Accounts receivable 40 6 — 46

Prepaid expenses 142 2 — 144

 Total Assets $ 91,641 $ 14,343 $ 11,113 $ 117,097

Long-term Debt $ 78,587 $ — $ — $ 78,587

Amortizable debt costs (852 ) — — (852 )

Other liabilities 905 45 — 950

Capital – FRP 8,583 7,500 5,474 21,557

Capital - Third Parties 4,418 6,798 5,639 16,855

 Total Liabilities and Capital $ 91,641 $ 14,343 $ 11,113 $ 117,097

As of December 31, 2016

Riverfront Brooksville BC 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 the RiverFront Holdings I, LLC (in thousands):

Three Months Ended June 30, Six Months Ended June 30,

2017 2016 2017 2016

Revenues:

 Rental Revenue $ 1,742 — $ 3,053 —

 Revenue – Reimbursements 18 — 33 —

Total Revenues 1,760 — 3,086 —

Cost of operations:

 Depreciation and amortization 1,095 75 1,958 97

 Operating expenses 621 148 1,096 216

 Property taxes 240 — 459 —

Total cost of operations 1,956 223 3,513 313

Total operating profit (196 ) (223 ) (427 ) (313 )

Interest expense (836 ) — (1,592 ) —

Net loss of the Partnership $ (1,032 ) (223 ) $ (2,019 ) (313 )

The amount of consolidated accumulated deficit for these joint ventures was $(2,626,000) and $(1,667,000) as of June 30, 2017 and December 31, 2016 respectively.

X

- References
No definition available.
+ Details

Name: us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-URI http://asc.fasb.org/topic&trid=2196965
+ Details

Name: us-gaap_EquityMethodInvestmentsDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 29 R17.htm IDEA: XBRL DOCUMENT v3.7.0.1

Subsequent Event
6 Months Ended

Jun. 30, 2017

Subsequent Events [Abstract]

Subsequent Event

(12) Subsequent Event. In our recent month ending July 31, 2017, Phase I (Dock 79) of the development known as RiverFront on the Anacostia in Washington, D.C., a 300,000 square foot residential apartment building developed by a joint venture between the Company and MRP SE Waterfront Residential, LLC (“MRP”), reached stabilization, meaning 90% of the individual apartments have been leased and are occupied by third party tenants. Upon reaching stabilization, the Company has, for a period of one year, the exclusive right to (i) cause the joint venture to sell the property or (ii) cause the Company’s and MRP’s percentage interests in the joint venture to be adjusted so as to take into account the value of the development at the time of stabilization.

The attainment of stabilization also results in a change of control for accounting purposes as the veto rights of the minority shareholder lapsed and the Company became the primary beneficiary. As such, beginning July 1, 2017, the Company will consolidate the assets (at current fair value), liabilities and operating results of the joint venture This consolidation will have a material impact on the Company’s balance sheet as the Company is required to recognize the fair value of the assets and record the related debt of the joint venture.

The company is in process of obtaining an opinion of fair value of the assets of the joint venture and finalizing the accounting entries to effect the consolidation, including an anticipated increase in net assets of $139 million, increase in liabilities of approximately $93 million and increase in net equity of approximately $46 million including an estimated gain upon the consolidation which may range from $20 million to $25 million depending upon the ultimate fair value determination.

X

- References
No definition available.
+ Details

Name: us-gaap_SubsequentEventsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- 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/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 855
-URI http://asc.fasb.org/topic&trid=2122774
+ Details

Name: us-gaap_SubsequentEventsTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 30 R18.htm IDEA: XBRL DOCUMENT v3.7.0.1

Business Segments (Tables)
6 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Business segments (in thousands)

Three Months ended Six Months ended

June 30, June 30,

2017 2016 2017 2016

Revenues:

Asset management $ 7,194 6,927 14,479 14,501

Mining royalty lands 1,833 2,059 3,595 3,837

Land development and construction 333 257 608 520

9,360 9,243 18,682 18,858

Operating profit:

Before corporate expenses:

 Asset management $ 3,234 3,318 6,735 6,741

 Mining royalty lands 1,701 1,940 3,326 3,589

 Land development and construction (383 ) (2,608 ) (778 ) (3,163 )

Corporate expenses:

 Allocated to asset management (321 ) (354 ) (1,074 ) (874 )

 Allocated to mining royalty (28 ) (52 ) (94 ) (127 )

 Allocated to land development and construction (217 ) (278 ) (725 ) (691 )

(566 ) (684 ) (1,893 ) (1,692 )

$ 3,986 1,966 7,390 5,475

Interest expense:

Asset management $ 371 392 619 807

Depreciation, depletion and amortization:

Asset management $ 2,057 1,985 4,022 3,820

Mining royalty lands 35 15 74 46

Land development and construction 110 66 165 129

$ 2,202 2,066 4,261 3,995

Capital expenditures:

Asset management $ 3,532 761 4,788 1,234

Mining royalty lands — 102 — 106

Land development and construction 878 611 3,351 1,090

$ 4,410 1,474 8,139 2,430

June 30, December 31,

Identifiable net assets 2017 2016

Asset management $ 179,350 169,736

Mining royalty lands 38,990 39,259

Land development and construction 49,527 57,126

Cash items — —

Unallocated corporate assets 3,343 439

$ 271,210 266,560

X

- Definition
Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599
+ Details

Name: us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_SegmentReportingAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 31 R19.htm IDEA: XBRL DOCUMENT v3.7.0.1

Long-Term Debt (Tables)
6 Months Ended

Jun. 30, 2017

Debt Disclosure [Abstract]

Long-term debt (in thousands)

June 30, December 31,

2017 2016

Revolving credit (uncollateralized) $ 6,355 6,665

5.6% to 7.9% mortgage notes

 due in installments through 2027 31,907 34,080

38,262 40,745

Less portion due within one year 4,673 4,526

$ 33,589 36,219

X

- References
No definition available.
+ Details

Name: us-gaap_DebtDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21521-112644
+ Details

Name: us-gaap_ScheduleOfDebtInstrumentsTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 32 R20.htm IDEA: XBRL DOCUMENT v3.7.0.1

Earnings per Share (Tables)
6 Months Ended

Jun. 30, 2017

Earnings per common share:

Earnings per share (in thousands, except per share amounts)

Three Months ended Six Months ended

June 30, June 30,

2017 2016 2017 2016

Weighted average common shares

outstanding during the period

- shares used for basic

earnings per common share 9,965 9,864 9,948 9,858

Common shares issuable under

share based payment plans

which are potentially dilutive 73 43 71 42

Common shares used for diluted

earnings per common share 10,038 9,907 10,019 9,900

Net income $ 1,713 774 3,156 2,594

Basic earnings per common share:

Basic $ 0.17 0.08 0.32 0.26

Diluted $ 0.17 0.08 0.32 0.26

X

- References
No definition available.
+ Details

Name: us-gaap_EarningsPerShareAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257
+ Details

Name: us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 33 R21.htm IDEA: XBRL DOCUMENT v3.7.0.1

Stock-Based Compensation Plans (Tables)
6 Months Ended

Jun. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock Compensation Expense (in thousands

Three Months ended Six Months ended

June 30, June 30,

2017 2016 2017 2016

Stock option grants $ 33 32 110 63

Annual director stock award — — 445 412

$ 33 32 555 475

Summary of Stock Activity (in thousands, except share and per share amounts)

Weighted Weighted Weighted

Number Average Average Average

Of Exercise Remaining Grant Date

Options Shares Price Term (yrs) Fair Value(000's)

Outstanding at

 January 1, 2017 236,385 $ 25.35 6.1 $ 2,440

 Granted 4,555 $ 37.55 $ 75

 Modification — $ 30.21 $ (137 )

 Exercised (79,630 ) $ 25.48 $ (756 )

Outstanding at

 June 30, 2017 161,310 $ 25.63 5.7 $ 1,622

Exercisable at

 June 30, 2017 119,020 $ 23.66 4.9 $ 1,038

Vested during

 six months ended

 June 30, 2017 26,839 $ 223

X

- References
No definition available.
+ Details

Name: us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 34 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1

Investment in Joint Ventures (Tables)
6 Months Ended

Jun. 30, 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 June 30, 2017

RiverFront Holdings I, LLC 77.14 % $8,583 $91,641 $ (2,019 ) $ (1,558 )

Brooksville Quarry, LLC 50.00 % 7,500 14,343 (38 ) (19 )

BC FRP Realty, LLC 50.00 % 5,474 11,113 — —

 Total $ 21,557 $ 117,097 $ (2,057 ) $ (1,577 )

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 June 30, 2017

Riverfront Brooksville BC FRP

Holdings I, LLC Quarry, LLC Realty, LLC Total

Investments in real estate, net $ 88,993 $ 14,309 $ 11,069 $ 114,371

Cash 2,295 26 44 2,365

Cash held in escrow 171 — — 171

Accounts receivable 40 6 — 46

Prepaid expenses 142 2 — 144

 Total Assets $ 91,641 $ 14,343 $ 11,113 $ 117,097

Long-term Debt $ 78,587 $ — $ — $ 78,587

Amortizable debt costs (852 ) — — (852 )

Other liabilities 905 45 — 950

Capital – FRP 8,583 7,500 5,474 21,557

Capital - Third Parties 4,418 6,798 5,639 16,855

 Total Liabilities and Capital $ 91,641 $ 14,343 $ 11,113 $ 117,097

As of December 31, 2016

Riverfront Brooksville BC 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 June 30, Six Months Ended June 30,

2017 2016 2017 2016

Revenues:

 Rental Revenue $ 1,742 — $ 3,053 —

 Revenue – Reimbursements 18 — 33 —

Total Revenues 1,760 — 3,086 —

Cost of operations:

 Depreciation and amortization 1,095 75 1,958 97

 Operating expenses 621 148 1,096 216

 Property taxes 240 — 459 —

Total cost of operations 1,956 223 3,513 313

Total operating profit (196 ) (223 ) (427 ) (313 )

Interest expense (836 ) — (1,592 ) —

Net loss of the Partnership $ (1,032 ) (223 ) $ (2,019 ) (313 )

X

- References
No definition available.
+ Details

Name: FRPH_RiverfrontHoldingsIncomeStatements

Namespace Prefix: FRPH_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571
+ Details

Name: us-gaap_EquityMethodInvestmentsTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure of nonconsolidated investments in real estate including interests in corporations, partnerships and joint ventures. Disclosures may include summarized aggregate financial statements for the real estate investments.
+ References
No definition available.
+ Details

Name: us-gaap_RealEstateInvestmentFinancialStatementsDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 35 R23.htm IDEA: XBRL DOCUMENT v3.7.0.1

Business Segments - Business segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2017

Jun. 30, 2016

Dec. 31, 2016

Dec. 31, 2015

Segment Reporting Information [Line Items]

Revenues $ 9,360 $ 9,243 $ 18,682 $ 18,858

Operating profit 3,986 1,966 7,390 5,475

Interest expense 371 392 619 807

Depreciation, depletion and amortization 2,202 2,066 4,261 3,995

Cash items 0 3,469 0 3,469 $ 0 $ 0

Total identifiable net assets 271,210 271,210 266,560

Asset Management

Segment Reporting Information [Line Items]

Revenues 7,194 6,927 14,479 14,501

Operating profit before corporate expenses 3,234 3,318 6,735 6,741

Corporate expenses (321) (354) (1,074) (874)

Interest expense 371 392 619 807

Capital expenditures 3,532 761 4,788 1,234

Depreciation, depletion and amortization 2,057 1,985 4,022 3,820

Total identifiable net assets 179,350 179,350 169,736

Mining royalty lands

Segment Reporting Information [Line Items]

Revenues 1,833 2,059 3,595 3,837

Operating profit before corporate expenses 1,701 1,940 3,326 3,589

Corporate expenses (28) (52) (94) (127)

Capital expenditures 0 102 0 106

Depreciation, depletion and amortization 35 15 74 46

Total identifiable net assets 38,990 38,990 39,259

Land Development and Construction

Segment Reporting Information [Line Items]

Revenues 333 257 608 520

Operating profit before corporate expenses (383) (2,608) (778) (3,163)

Corporate expenses (217) (278) (725) (691)

Capital expenditures 878 611 3,351 1,090

Depreciation, depletion and amortization 110 66 165 129

Total identifiable net assets 49,527 49,527 57,126

Corporate

Segment Reporting Information [Line Items]

Total identifiable net assets 3,343 3,343 $ 439

Total Segments

Segment Reporting Information [Line Items]

Revenues 9,360 9,243 18,682 18,858

Operating profit 3,986 1,966 7,390 5,475

Corporate expenses (566) (684) (1,893) (1,692)

Capital expenditures 4,410 1,474 8,139 2,430

Depreciation, depletion and amortization $ 2,202 $ 2,066 $ 4,261 $ 3,995

X

- References
No definition available.
+ Details

Name: FRPH_OperatingCostsDepreciationDepletionAmortization

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: FRPH_OperatingProfitBeforeCorporateExpenses

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(12))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(11))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878
+ Details

Name: us-gaap_Assets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=82887183&loc=d3e6676-107765

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3044-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.1)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_CashAndCashEquivalentsAtCarryingValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Amount of the cost of borrowed funds accounted for as interest expense.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28555-108399

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04.9)
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882
+ Details

Name: us-gaap_InterestExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The net result for the period of deducting operating expenses from operating revenues.
+ References
No definition available.
+ Details

Name: us-gaap_OperatingIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of general and administrative expense classified as other.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.4)
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688
+ Details

Name: us-gaap_OtherGeneralAndAdministrativeExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of increase (decrease) of long-lived, physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.
+ References
No definition available.
+ Details

Name: us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688
+ Details

Name: us-gaap_Revenues

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ References
No definition available.
+ Details

Name: us-gaap_SegmentReportingInformationLineItems

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_StatementBusinessSegmentsAxis=FRPH_AssetManagement1Member

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_StatementBusinessSegmentsAxis=us-gaap_MiningPropertiesAndMineralRightsMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_StatementBusinessSegmentsAxis=FRPH_LandDevelopmentandConstructionMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_StatementBusinessSegmentsAxis=us-gaap_CorporateMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_StatementBusinessSegmentsAxis=FRPH_TotalSegmentsMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 36 R24.htm IDEA: XBRL DOCUMENT v3.7.0.1

Long-term debt (Details) - USD ($)
$ in Thousands

Jun. 30, 2017

Dec. 31, 2016

Debt Disclosure [Abstract]

Revolving credit agreements $ 6,355 $ 6,665

5.6% to 7.9% mortgage notes due in installments through 2027 31,907 34,080

Total debt 38,262 40,745

Less portion due within one year 4,673 4,526

Long-term debt $ 33,589 $ 36,219

X

- References
No definition available.
+ Details

Name: us-gaap_DebtDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Represents the aggregate of total long-term debt, including current maturities and short-term debt.
+ References
No definition available.
+ Details

Name: us-gaap_DebtLongtermAndShorttermCombinedAmount

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(16))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(16))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878
+ Details

Name: us-gaap_LineOfCredit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(16))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(16))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_LongTermDebt

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Amount after unamortized (discount) premium and debt issuance costs of long-term debt classified as noncurrent and excluding amounts to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_LongTermDebtNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Carrying value as of the balance sheet date of the portion of long-term, collateralized debt obligations due within one year or the operating cycle, if longer. Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(16)(a)(1))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(13))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(19))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_SecuredDebtCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

XML 37 R25.htm IDEA: XBRL DOCUMENT v3.7.0.1

Earnings per share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2017

Jun. 30, 2016

Earnings Per Share, Basic and Diluted [Abstract]

Weighted average common shares outstanding during the period - shares used for basic earnings per common share 9,965 9,864 9,948 9,858

Common shares issuable under share based payment plans which are potentially dilutive 73 43 71 42

Common shares used for diluted earnings per common share 10,038 9,907 10,019 9,900

Net income $ 1,713 $ 774 $ 3,156 $ 2,594

Earnings per common share:

Basic $ 0.17 $ 0.08 $ 0.32 $ 0.26

Diluted $ 0.17 $ 0.08 $ 0.32 $ 0.26

X

- References
No definition available.
+ Details

Name: us-gaap_EarningsPerShareAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=96948231&loc=d3e4984-109258

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1252-109256

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882
+ Details

Name: us-gaap_EarningsPerShareBasic

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_EarningsPerShareBasicAndDilutedAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1252-109256

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882
+ Details

Name: us-gaap_EarningsPerShareDiluted

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- Definition
Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 28A
-URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1500-109256
+ Details

Name: us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4K
-URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591552-111686

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=96868048&loc=SL4569616-111683

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=84161450&loc=SL4573702-111684

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4J
-URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591551-111686

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (a)(2)
-URI http://asc.fasb.org/extlink&oid=84161450&loc=SL4573702-111684
+ Details

Name: us-gaap_ProfitLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1505-109256

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257
+ Details

Name: us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=96947427&loc=d3e1448-109256
+ Details

Name: us-gaap_WeightedAverageNumberOfSharesOutstandingBasic

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

XML 38 R26.htm IDEA: XBRL DOCUMENT v3.7.0.1

Summary of Stock Activity (Details)
$ / shares in Units, $ in Thousands
6 Months Ended

Jun. 30, 2017

USD ($)

Years

$ / shares

shares

Dec. 31, 2016

USD ($)

Years

$ / shares

shares

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Options outstanding | shares 161,310 236,385

Options granted | shares 4,555

Options exercised | shares (79,630)

Options outstanding weighted average exercise price | $ / shares $ 25.63 $ 25.35

Options outstanding weighted average exercise price - Granted | $ / shares 37.55

Options outstanding weighted average exercise price - modification | $ / shares 30.21

Options outstanding weighted average exercise price - Exercised | $ / shares $ 25.48

Options outstanding weighted average remaining term | Years 5.7 6.1

Options outstanding weighted average grant date fair value $ 1,622 $ 2,440

Options granted weighted average grant date fair value 75

Options modified weighted average grant date fair value (137)

Options exercised weighted average grant date fair value $ (756)

Options exercisable at June 30, 2017 | shares 119,020

Options exerciseable weighted average exercise price | $ / shares $ 23.66

Options exerciseable weighted average remaining term | Years 4.9

Options exerciseable weighted average grant date fair value $ 1,038

Options vested during six months ended June 30, 2017 | shares 26,839

Options vested weighted average grant date fair value $ 223

X

- References
No definition available.
+ Details

Name: FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageGrantDateFairValue

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue1

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsModifiededInPeriodWeightedAverageGrantDateFairValue

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: FRPH_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- References
No definition available.
+ Details

Name: FRPH_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsModificationsInPeriodWeightedAverageExercisePrice

Namespace Prefix: FRPH_

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm3

Namespace Prefix: FRPH_

Data Type: xbrli:decimalItemType

Balance Type: na

Period Type: instant

X

- References
No definition available.
+ Details

Name: FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3b

Namespace Prefix: FRPH_

Data Type: xbrli:decimalItemType

Balance Type: na

Period Type: instant

X

- References
No definition available.
+ Details

Name: us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iii)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition
The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iii)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: instant

X

- Definition
Gross number of share options (or share units) granted during the period.
+ References
No definition available.
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- Definition
Number of options outstanding, including both vested and non-vested options.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(i)-(ii)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition
Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(i)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: instant

X

- Definition
Weighted average price at which option holders acquired shares when converting their stock options into shares.
+ References
No definition available.
+ Details

Name: us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- Definition
Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options.
+ References
No definition available.
+ Details

Name: us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- Definition
Fair value of options vested. Excludes equity instruments other than options, for example, but not limited to, share units, stock appreciation rights, restricted stock.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Number of options vested.
+ References
No definition available.
+ Details

Name: us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- Definition
Number of share options (or share units) exercised during the current period.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21463-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(28))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(2)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

XML 39 R27.htm IDEA: XBRL DOCUMENT v3.7.0.1

Stock Compensation Expense (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2017

Jun. 30, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock option grants $ 33 $ 32 $ 110 $ 63

Annual director stock award 0 0 445 412

Stock based compensation expense $ 33 $ 32 $ 555 $ 475

X

- Definition
Amount of increase to additional paid-in capital (APIC) from recognition of equity-based compensation.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 35
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=79507207&loc=d3e4534-113899

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5047-113901

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 20
-Section 55
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=96864182&loc=d3e11149-113907

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 20
-Section 55
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=96864182&loc=d3e11178-113907
+ Details

Name: us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 14.F)
-URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5047-113901

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)(i)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_AllocatedShareBasedCompensationExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585
+ Details

Name: us-gaap_ShareBasedCompensation

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

XML 40 R28.htm IDEA: XBRL DOCUMENT v3.7.0.1

Investments in Joint Ventures (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended

Jun. 30, 2017

Dec. 31, 2016

Jun. 30, 2016

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2013

Oct. 04, 2006

Net Loss of the Partnership $ (1,454) $ (2,057)

Company's share of Net Loss of the Partnership $ (806) $ (1,119) $ (186) (1,577) $ (272)

Total revenues 9,360 9,243 18,682 18,858

Operating expenses 5,374 7,277 11,292 13,383

Property taxes 1,129 1,128 2,191 2,270

Total cost of operations 1,002 974 2,003 2,505

Total operating profit 3,986 1,966 7,390 5,475

Interest expense $ (371) (392) $ (619) (807)

Riverfront Holdings I, LLC

Ownership percent 77.14% 77.14% 77.14% 77.14%

Total Investment $ 8,583 $ 10,151 $ 8,583

Total Assets of the Partnership 91,641 90,420 91,641

Net Loss of the Partnership (1,446) (2,019)

Company's share of Net Loss of the Partnership (1,115) (1,558)

Cash 2,295 1,023 2,295

Cash held in escrow 171 88 171

Accounts receivable 40 40

Prepaid expenses 142 142

Investments in real estate, net 88,993 89,309 88,993

Amortizable debt costs (852) (852)

Other liabilities 905 6,348 905

Long-term debt 78,587 69,042 78,587

Capital - FRP 8,583 10,151 8,583

Capital - Third parties 4,418 4,879 4,418

Total liabilities and capital 91,641 $ 90,420 91,641

Rental revenue 1,742 0 3,053 0

Revenue - Reimbursements 18 0 33 0

Total revenues 1,760 0 3,086 0

Depreciation and amortization 1,095 75 1,958 97

Operating expenses 621 148 1,096 216

Property taxes 240 0 459 0

Total cost of operations 1,956 223 3,513 313

Total operating profit (196) (223) (427) (313)

Interest expense (836) 0 (1,592) 0

Net loss of the Partnership $ (1,032) $ (223) $ (2,019) $ (313)

Brooksville Quarry, LLC

Ownership percent 50.00% 50.00% 50.00% 50.00%

Total Investment $ 7,500 $ 7,522 $ 7,500

Total Assets of the Partnership 14,343 14,341 14,343

Net Loss of the Partnership (8) (38)

Company's share of Net Loss of the Partnership (4) (19)

Cash 26 18 26

Cash held in escrow 0 0 0

Accounts receivable 6 6

Prepaid expenses 2 2

Investments in real estate, net 14,309 14,323 14,309

Amortizable debt costs 0 0

Other liabilities 45 1 45

Long-term debt 0 0 0

Capital - FRP 7,500 7,522 7,500

Capital - Third parties 6,798 6,818 6,798

Total liabilities and capital $ 14,343 $ 14,341 $ 14,343

BC FRP Realty, LLC

Ownership percent 50.00% 50.00% 50.00%

Total Investment $ 5,474 $ 5,228 $ 5,474

Total Assets of the Partnership 11,113 10,784 11,113

Net Loss of the Partnership 0 0

Company's share of Net Loss of the Partnership 0 0

Cash 44 21 44

Cash held in escrow 0 0 0

Accounts receivable 0 0

Prepaid expenses 0 0

Investments in real estate, net 11,069 10,763 11,069

Amortizable debt costs 0 0

Other liabilities 0 47 0

Long-term debt 0 0 0

Capital - FRP 5,474 5,228 5,474

Capital - Third parties 5,639 5,509 5,639

Total liabilities and capital 11,113 10,784 11,113

Joint Ventures

Total Investment 21,557 22,901 21,557

Total Assets of the Partnership 117,097 115,545 117,097

Cash 2,365 1,062 2,365

Cash held in escrow 171 88 171

Accounts receivable 46 46

Prepaid expenses 144 144

Investments in real estate, net 114,371 114,395 114,371

Amortizable debt costs (852) (852)

Other liabilities 950 6,396 950

Long-term debt 78,587 69,042 78,587

Capital - FRP 21,557 22,901 21,557

Capital - Third parties 16,855 17,206 16,855

Total liabilities and capital $ 117,097 $ 115,545 $ 117,097

X

- References
No definition available.
+ Details

Name: FRPH_EquityMethodInvestmentSummarizedFinancialInformationAccountsReceivable

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- References
No definition available.
+ Details

Name: FRPH_EquityMethodInvestmentSummarizedFinancialInformationAmortizableDebtCosts

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Equity Method Investment, Summarized Financial Information, Cash
+ References
No definition available.
+ Details

Name: FRPH_EquityMethodInvestmentSummarizedFinancialInformationCash

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Equity Method Investment, Summarized Financial Information, Escrow Cash
+ References
No definition available.
+ Details

Name: FRPH_EquityMethodInvestmentSummarizedFinancialInformationEscrowCash

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Equity Method Investment, Summarized Financial Information, Investments in real estate, net
+ References
No definition available.
+ Details

Name: FRPH_EquityMethodInvestmentSummarizedFinancialInformationInvestmentsinRealEstateNet

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- References
No definition available.
+ Details

Name: FRPH_EquityMethodInvestmentSummarizedFinancialInformationLongtermDebt

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- References
No definition available.
+ Details

Name: FRPH_EquityMethodInvestmentSummarizedFinancialInformationPrepaidExpenses

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585
+ Details

Name: us-gaap_DepreciationAndAmortization

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571
+ Details

Name: us-gaap_EquityMethodInvestmentOwnershipPercentage

Namespace Prefix: us-gaap_

Data Type: num:percentItemType

Balance Type: na

Period Type: instant

X

- Definition
The amount of assets reported by an equity method investment of the entity.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33912-111571

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690
+ Details

Name: us-gaap_EquityMethodInvestmentSummarizedFinancialInformationAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
The amount of liabilities reported by an equity method investment of the entity.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33912-111571

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612
+ Details

Name: us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
The amount of liabilities and equity reported by an equity method investment of the entity.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33912-111571

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690
+ Details

Name: us-gaap_EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Amount of equity attributable to noncontrolling interests of an equity method investment of the entity.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33912-111571
+ Details

Name: us-gaap_EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
The amount of net income (loss) reported by an equity method investment of the entity.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33912-111571
+ Details

Name: us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The amount of revenue from sale of goods and services reduced by sales returns, allowances, and discounts reported by an equity method investment of the entity.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571
+ Details

Name: us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66022249&loc=d3e33749-111570

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.12)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_EquityMethodInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(12))
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(10))
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66022249&loc=d3e33749-111570

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(13)(f))
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882
+ Details

Name: us-gaap_IncomeLossFromEquityMethodInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of the cost of borrowed funds accounted for as interest expense.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28555-108399

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04.9)
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882
+ Details

Name: us-gaap_InterestExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of income (loss) from consolidated real estate investments attributed to parent.
+ References
No definition available.
+ Details

Name: us-gaap_NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense.
+ References
No definition available.
+ Details

Name: us-gaap_OperatingCostsAndExpenses

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.
+ References
No definition available.
+ Details

Name: us-gaap_OperatingExpenses

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The net result for the period of deducting operating expenses from operating revenues.
+ References
No definition available.
+ Details

Name: us-gaap_OperatingIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
A tax based on the assessed value of real estate by the local government. The tax is usually based on the value of property (including the land).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 720
-SubTopic 30
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6419918&loc=d3e35301-107843
+ Details

Name: us-gaap_RealEstateTaxExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Repayment received or receivable for expenses incurred on behalf of a client or customer, other than those reimbursements received by landlords from tenants.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 605
-SubTopic 45
-Section 45
-Paragraph 23
-URI http://asc.fasb.org/extlink&oid=68075638&loc=d3e60722-111653
+ Details

Name: us-gaap_ReimbursementRevenue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688
+ Details

Name: us-gaap_Revenues

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_RiverfrontIJointVentureMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_BrooksvilleJointVentureMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_BCFRPRealtyJointVentureMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_JointVenturesMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 41 R29.htm IDEA: XBRL DOCUMENT v3.7.0.1

Recently Issued Accounting Standards (Details Narrative)
$ in Thousands
6 Months Ended

Jun. 30, 2017

USD ($)

Recently Issued Accounting Standards Details Narrative

Reduction of income tax expense from windfall gains on stock option exercises $ 14

X

- References
No definition available.
+ Details

Name: FRPH_RecentlyIssuedAccountingStandardsDetailsNarrativeAbstract

Namespace Prefix: FRPH_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of cash outflow for realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 20
-Section 55
-Paragraph 24
-URI http://asc.fasb.org/extlink&oid=96864182&loc=d3e11374-113907
+ Details

Name: us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

XML 42 R30.htm IDEA: XBRL DOCUMENT v3.7.0.1

Business Segments (Details Narrative)
6 Months Ended

Jun. 30, 2017

a

Segments

Reportable business segments | Segments 3

Mining royalty lands

Mining royalty lands acres 15,000

Brooksville Quarry, LLC

Mining royalty lands acres 4,280

X

- Definition
Area of land held.
+ References
No definition available.
+ Details

Name: us-gaap_AreaOfLand

Namespace Prefix: us-gaap_

Data Type: num:areaItemType

Balance Type: na

Period Type: instant

X

- Definition
Number of segments reported by the entity. A reportable segment is a component of an entity for which there is an accounting requirement to report separate financial information on that component in the entity's financial statements.
+ References
No definition available.
+ Details

Name: us-gaap_NumberOfReportableSegments

Namespace Prefix: us-gaap_

Data Type: xbrli:integerItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_StatementBusinessSegmentsAxis=us-gaap_MiningPropertiesAndMineralRightsMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_StatementBusinessSegmentsAxis=FRPH_BrooksvilleJointVentureMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 43 R31.htm IDEA: XBRL DOCUMENT v3.7.0.1

Related Party Transactions (Details Narrative) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2017

Jun. 30, 2016

Related Party Transactions [Abstract]

Charges/allocation related to Transition Services Agreement with Patriot $ 320 $ 388 $ 877 $ 794

X

- Definition
Amount of selling, general and administrative expenses resulting from transactions, excluding transactions that are eliminated in consolidated or combined financial statements, with related party.
+ References
No definition available.
+ Details

Name: us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_RelatedPartyTransactionsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 44 R32.htm IDEA: XBRL DOCUMENT v3.7.0.1

Long-Term debt (Details Narrative)
$ in Thousands
3 Months Ended 6 Months Ended

Jun. 30, 2017

USD ($)

Dec. 31, 2016

Jun. 30, 2016

USD ($)

Jun. 30, 2017

USD ($)

Jun. 30, 2016

USD ($)

Jul. 24, 2015

USD ($)

Jan. 30, 2015

USD ($)

Mortgage interest description 5.6% to 7.9% mortgage notes due in installments through 2027 5.6% to 7.9% mortgage notes due in installments through 2027

Capitalized interest $ 232 $ 240 $ 602 $ 482

First Tennessee bank Term Loan

Credit Agreement term years 10 10

Term loan facility $ 20,000 $ 20,000

Wells Fargo Bank, N.A.

Credit Agreement term years 5

Revolving Credit Agreement $ 20,000

Sublimit for standby letters of credit $ 10,000

Letters of credit issued 2,266 2,266

Borrowed under the revolver 5,733 5,733

Available for borrowing 12,001 12,001

Tangible net worth covenant 110,000 110,000

Available to pay dividends or repurchase stock 76,600 $ 76,600

Revolver interest over LIBOR 1.4%

Commitment fee 0.15%

First Tennessee Bank

Credit Agreement term years 5

Revolving Credit Agreement $ 20,000

Revolver conversion to term loan 24 month window

Borrowed under the revolver 622 $ 622

Available for borrowing $ 19,378 $ 19,378

Revolver interest over LIBOR 1.9%

Commitment fee 0.10%

X

- References
No definition available.
+ Details

Name: FRPH_LineOfCreditFacilityAgreementTerm

Namespace Prefix: FRPH_

Data Type: xbrli:pureItemType

Balance Type: na

Period Type: instant

X

- References
No definition available.
+ Details

Name: FRPH_LineOfCreditStandbyLettersOfCreditSublimit

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
The amount of dividends that can be declared or paid without affecting the banking or savings institution's regulatory capital position.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690
+ Details

Name: us-gaap_AmountAvailableForDividendDistributionWithoutAffectingCapitalAdequacyRequirements

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Amount of unused borrowing capacity under the long-term financing arrangement that is available to the entity as of the balance sheet date.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22(b))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Amount of interest capitalized during the period.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391
+ Details

Name: us-gaap_InterestCostsCapitalized

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The total amount of the contingent obligation under letters of credit outstanding as of the reporting date.
+ References
No definition available.
+ Details

Name: us-gaap_LettersOfCreditOutstandingAmount

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Fair value of the amount outstanding under the credit facility.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=77997519&loc=d3e13433-108611

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=77997519&loc=d3e13476-108611
+ Details

Name: us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Description of the interest rate for the amounts borrowed under the credit facility, including the terms and the method for determining the interest rate (for example, fixed or variable, LIBOR plus a percentage, increasing rate, timing of interest rate resets, remarketing provisions).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_LineOfCreditFacilityInterestRateDescription

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Describes when borrowings outstanding under a line of credit will convert to a term loan, and describes the repayment terms, collateral, and priority (seniority) of the term loan.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_LineOfCreditFacilityRevolvingCreditConversionToTermLoanDescription

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility.
+ References
No definition available.
+ Details

Name: us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage

Namespace Prefix: us-gaap_

Data Type: num:percentItemType

Balance Type: na

Period Type: duration

X

- Definition
Description of long-term debt arrangements, which are debt arrangements that originally require full repayment more than twelve months after issuance or greater than the normal operating cycle of the company, if longer, and disclosures pertaining to the underlying arrangements, including repayment terms, conversion features, interest rates, restrictions on assets and activities, debt covenants, and other matters important to users of the financial statements. Types of long-term debt arrangements include borrowing under notes payable, bonds payable, debentures, term loans, and other contractual obligations for payment.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21475-112644
+ Details

Name: us-gaap_LongTermDebtDescription

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The lowest amount of net worth (total assets minus total liabilities) required by secondary market investors or state-imposed regulatory mandates.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 948
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)(a)
-URI http://asc.fasb.org/extlink&oid=6490092&loc=d3e47080-110998

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 948
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6490092&loc=d3e47304-110998
+ Details

Name: us-gaap_MinimumNetWorthRequiredForCompliance

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Details

Name: us-gaap_LongtermDebtTypeAxis=FRPH_FirstTennesseeTermMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_LineOfCreditFacilityAxis=FRPH_WellsFargoMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_LineOfCreditFacilityAxis=FRPH_FirstTennesseeMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 45 R33.htm IDEA: XBRL DOCUMENT v3.7.0.1

Earnings per Share (Details Narrative) - shares
3 Months Ended 6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2017

Jun. 30, 2016

Earnings per common share:

Anti-dilutive shares 13,610 72,090 22,422 72,090

X

- Definition
Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257
+ Details

Name: us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_EarningsPerShareAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 46 R34.htm IDEA: XBRL DOCUMENT v3.7.0.1

Stock-Based Compensation Plans (Details Narrative)
$ / shares in Units, $ in Thousands
6 Months Ended

Jun. 30, 2017

USD ($)

Years

$ / shares

shares

Number of stock option plans 2

Options expire from date of grant 10 years

Exercisable installments Immediate or 20% or 25%

Shares available for future issuance | shares 569,917

Aggregate intrinsic value of exercisable in-the-money options $ 2,677

Aggregate intrinsic value of outstanding in-the-money options $ 3,310

Market close price | $ / shares $ 46.15

Total unrecognized compensation cost of options granted but not yet vested $ 376

Weighted average period for compensation to be recognized | Years 3.7

Gains realized by option holders $ 1,347

Expected minimum volatility 35.00%

Expected maximum volatility 46.00%

Risk-free interest rate minimum 0.30%

Risk-free interest rate maximum 4.20%

Expected life minimum | Years 0.25

Expecited life maximum | Years 7.0

Dividend yield 0.00%

Modification stock compensation expense $ 41

Patriot Transportation

Realized tax benefit from options exercised 1,238

Modification stock compensation expense $ 150

X

- References
No definition available.
+ Details

Name: FRPH_EmployeeServiceShareBasedCompensationGainsRealizedByOptionHolders

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: FRPH_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition2

Namespace Prefix: FRPH_

Data Type: xbrli:decimalItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Maximum

Namespace Prefix: FRPH_

Data Type: xbrli:decimalItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: FRPH_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1Minimum

Namespace Prefix: FRPH_

Data Type: xbrli:decimalItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: FRPH_StockOptionPlans

Namespace Prefix: FRPH_

Data Type: xbrli:pureItemType

Balance Type: na

Period Type: instant

X

- Definition
Unrecognized cost of unvested share-based compensation awards.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Amount of tax benefit from exercise of stock options granted under share-based compensation arrangement.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2A
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=SL79508275-113901
+ Details

Name: us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Description of award terms as to how many shares or portion of an award are no longer contingent on satisfaction of either a service condition, market condition or a performance condition, thereby giving the employee the legal right to convert the award to shares, to sell the shares, and be entitled to the cash proceeds of such sale. For example, vesting may be expressed as being 25 percent of the shares under option on each anniversary of the grant date.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(iii)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate

Namespace Prefix: us-gaap_

Data Type: num:percentItemType

Balance Type: na

Period Type: duration

X

- Definition
The estimated measure of the maximum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.
+ References
No definition available.
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum

Namespace Prefix: us-gaap_

Data Type: num:percentItemType

Balance Type: na

Period Type: duration

X

- Definition
The estimated measure of the minimum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.
+ References
No definition available.
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum

Namespace Prefix: us-gaap_

Data Type: num:percentItemType

Balance Type: na

Period Type: duration

X

- Definition
The maximum risk-free interest rate assumption that is used in valuing an option on its own shares.
+ References
No definition available.
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum

Namespace Prefix: us-gaap_

Data Type: num:percentItemType

Balance Type: na

Period Type: duration

X

- Definition
The minimum risk-free interest rate assumption that is used in valuing an option on its own shares.
+ References
No definition available.
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum

Namespace Prefix: us-gaap_

Data Type: num:percentItemType

Balance Type: na

Period Type: duration

X

- Definition
The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition
Amount by which the current fair value of the underlying stock exceeds the exercise price of options outstanding.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
An excess of the fair value of the modified award over the fair value of the award immediately before the modification.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)(iii)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Price of a single share of a number of saleable stocks of a company.
+ References
No definition available.
+ Details

Name: us-gaap_SharePrice

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: instant

X

- Definition
Period from grant date that an equity-based award expires, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)(2)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod

Namespace Prefix: us-gaap_

Data Type: xbrli:durationItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901
+ Details

Name: us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Details

Name: us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=FRPH_PatriotTransportationMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 47 R35.htm IDEA: XBRL DOCUMENT v3.7.0.1

Contingent Liabilities (Details Narrative) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Dec. 31, 2015

Jun. 30, 2017

Jun. 30, 2016

Contingent Liabilities Details Narrative

Cap on environment financial responsibility $ 1,871 $ 1,871

Environmental remediation expense 0 $ 2,000 0 $ 2,000

Total cost of remediation $ 1,900 $ 1,900

Environmental remediation recovery $ 3,000

X

- References
No definition available.
+ Details

Name: FRPH_ContingentLiabilitiesDetailsNarrativeAbstract

Namespace Prefix: FRPH_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: FRPH_CostofRemediation

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Amount of any recovery from third parties that is credited to environmental remediation costs.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 410
-SubTopic 30
-Section 50
-Paragraph 12
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13296-110859
+ Details

Name: us-gaap_EnvironmentalCostsRecognizedRecoveryCreditedToExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The charge against earnings in the period for known or estimated future costs arising from requirements to perform environmental remediation activities.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 410
-SubTopic 30
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13296-110859

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585
+ Details

Name: us-gaap_EnvironmentalRemediationExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Reflects the estimated amount of loss from the specified contingency as of the balance sheet date.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=82911808&loc=d3e14435-108349

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 9
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=82911808&loc=d3e14557-108349
+ Details

Name: us-gaap_LossContingencyEstimateOfPossibleLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

XML 48 R36.htm IDEA: XBRL DOCUMENT v3.7.0.1

Concentrations (Details Narrative)
$ in Thousands
6 Months Ended

Jun. 30, 2017

USD ($)

integer

Tenants leasing mining locations | integer 4

Asset Management Top Customer

Customer revenue concentration 11.00%

Mining Top Customer

Customer revenue concentration 15.70%

Accounts receivable concentration | $ $ 200

X

- References
No definition available.
+ Details

Name: FRPH_NumberOfTenants

Namespace Prefix: FRPH_

Data Type: xbrli:integerItemType

Balance Type: na

Period Type: instant

X

- Definition
For an unclassified balance sheet, the amount due from customers or clients for goods or services that have been delivered or sold in the normal course of business, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(3))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(4))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(9))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(5))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910
+ Details

Name: us-gaap_AccountsReceivableNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 18
-URI http://asc.fasb.org/extlink&oid=84177426&loc=d3e6351-108592

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=77997519&loc=d3e13531-108611

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=84177426&loc=d3e6404-108592

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=77997519&loc=d3e13537-108611
+ Details

Name: us-gaap_ConcentrationRiskPercentage1

Namespace Prefix: us-gaap_

Data Type: num:percentItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_ConcentrationRiskByTypeAxis=FRPH_AssetManagementTopCustomerMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_ConcentrationRiskByTypeAxis=FRPH_MiningTopCustomerMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 49 R37.htm IDEA: XBRL DOCUMENT v3.7.0.1

Fair Value Measurements (Details Narrative) - USD ($)
$ in Thousands

Jun. 30, 2017

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Assets measured at fair value on a recurring basis $ 0

Liabilities measured at fair value on a recurring basis 0

Assets measured at fair value on a non-recurring basis 0

Liabilities measured at fair value on a non-recurring basis 0

Carrying amount of mortgage notes payable 38,262 $ 40,745

Fair value of mortgage notes payable $ 41,165 $ 43,747

X

- Definition
This element represents the aggregate of the assets reported on the balance sheet at period end measured at fair value on a nonrecurring basis by the entity. This element is intended to be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements.
+ References
No definition available.
+ Details

Name: us-gaap_AssetsFairValueDisclosureNonrecurring

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
This element represents the aggregate of the assets reported on the balance sheet at period end measured at fair value on a recurring basis by the entity. This element is intended to be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements.
+ References
No definition available.
+ Details

Name: us-gaap_AssetsFairValueDisclosureRecurring

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(16))
-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(16))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878
+ Details

Name: us-gaap_DebtInstrumentCarryingAmount

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- References
No definition available.
+ Details

Name: us-gaap_FairValueDisclosuresAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Aggregation of the liabilities reported on the balance sheet measured at fair value on a nonrecurring basis by the entity.
+ References
No definition available.
+ Details

Name: us-gaap_LiabilitiesFairValueDisclosureNonrecurring

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Aggregation of the liabilities reported on the balance sheet measured at fair value on a recurring basis by the entity.
+ References
No definition available.
+ Details

Name: us-gaap_LiabilitiesFairValueDisclosureRecurring

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission.
+ References
No definition available.
+ Details

Name: us-gaap_LongTermDebtFairValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

XML 50 R38.htm IDEA: XBRL DOCUMENT v3.7.0.1

Investments in Joint Ventures (Details Narrative)
$ in Thousands
1 Months Ended 3 Months Ended 4 Months Ended 6 Months Ended

May 31, 2016

USD ($)

Jun. 30, 2017

USD ($)

ft²

Dec. 31, 2016

USD ($)

Jun. 30, 2016

USD ($)

Mar. 31, 2016

USD ($)

a

Dec. 31, 2006

USD ($)

Sep. 30, 2013

USD ($)

Jun. 30, 2017

USD ($)

ft²

Jun. 30, 2016

USD ($)

Aug. 08, 2014

USD ($)

Jun. 30, 2013

Mar. 30, 2012

a

Oct. 04, 2006

a

Company's share of the loss of the joint venture $ 806 $ 1,119 $ 186 $ 1,577 $ 272

Joint Venture consolidated retained earnings $ (2,626) $ (1,667) $ (2,626)

MRP

Capital contribution $ 5,553

Vulcan

Acres conributed | a 553

Vulcan leasehold interest | a 3,443

FRP additional contribution for land $ 3,018

Additional land acquired | a 288

St Johns Properties JV St Johns

Value of land contributed $ 3,240

Acres conributed | a 10

Riverfront Holdings I, LLC

Square feet 300,000 300,000 300,000

Retail square feet | a 18,000

Area of land to develop | a 2.0

Land acreage | a 5.82

Value of land contributed 13,500

Cash contributed 4,866

Joint venture percentage stake 77.14% 77.14% 77.14% 77.14%

EB5 Secondary financing $ 17,000

Nonrecourse construction loan $ 65,000

Book value of land contribution $ 6,165

Company's share of the loss of the joint venture $ 1,115 $ 1,558

Brooksville Quarry, LLC

Land acreage | a 4,300

Joint venture percentage stake 50.00% 50.00% 50.00% 50.00%

Acres conributed | a 3,443

Book value of land contribution 2,548

FRP additional contribution for land $ 3,018

Additional land acquired | a 288

Company's share of the loss of the joint venture $ 4 $ 19

BC FRP Realty, LLC

Square feet | a 329,000

Value of land contributed $ 7,500

Joint venture percentage stake 50.00% 50.00% 50.00%

Distribution received $ 2,130

Acres conributed | a 25

Company's share of the loss of the joint venture $ 0 $ 0

X

- References
No definition available.
+ Details

Name: FRPH_AreaOfLandAcquired

Namespace Prefix: FRPH_

Data Type: num:areaItemType

Balance Type: na

Period Type: instant

X

- References
No definition available.
+ Details

Name: FRPH_AreaofLandContributed

Namespace Prefix: FRPH_

Data Type: num:areaItemType

Balance Type: na

Period Type: instant

X

- References
No definition available.
+ Details

Name: FRPH_AreaofLandtoDevelop

Namespace Prefix: FRPH_

Data Type: num:areaItemType

Balance Type: na

Period Type: instant

X

- References
No definition available.
+ Details

Name: FRPH_CapitalContribution

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- References
No definition available.
+ Details

Name: FRPH_ContributionofLand2

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: FRPH_LeaseholdInterest

Namespace Prefix: FRPH_

Data Type: num:areaItemType

Balance Type: na

Period Type: instant

X

- References
No definition available.
+ Details

Name: FRPH_SecondaryFinancing

Namespace Prefix: FRPH_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Area of land held.
+ References
No definition available.
+ Details

Name: us-gaap_AreaOfLand

Namespace Prefix: us-gaap_

Data Type: num:areaItemType

Balance Type: na

Period Type: instant

X

- Definition
Area of a real estate property.
+ References
No definition available.
+ Details

Name: us-gaap_AreaOfRealEstateProperty

Namespace Prefix: us-gaap_

Data Type: num:areaItemType

Balance Type: na

Period Type: instant

X

- Definition
This element represents the noncurrent portion of a long-term real estate loan to finance building costs. The funds are disbursed as needed or in accordance with a prearranged plan; generally, a portion of the funds is disbursed at inception and the remainder as construction progresses. The money is repaid on completion of the project (generally one to seven years), usually from the proceeds of a mortgage loan. The rate is normally higher than the prime rate, and there is usually an origination fee. The effective yield on these loans tends to be high, and the lender has a security interest in the real property.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
+ Details

Name: us-gaap_ConstructionLoanNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Value of property contributed in noncash investing and financing activities.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=98513485&loc=d3e4304-108586

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=98513485&loc=d3e4313-108586

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=98513485&loc=d3e4332-108586
+ Details

Name: us-gaap_ContributionOfProperty

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of distribution received from equity method investee for return on investment, classified as operating activities. Excludes distribution for return of investment, classified as investing activities.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(10))
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(12))
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 21D
-URI http://asc.fasb.org/extlink&oid=98514028&loc=SL94080555-108585
+ Details

Name: us-gaap_EquityMethodInvestmentDividendsOrDistributions

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571
+ Details

Name: us-gaap_EquityMethodInvestmentOwnershipPercentage

Namespace Prefix: us-gaap_

Data Type: num:percentItemType

Balance Type: na

Period Type: instant

X

- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(12))
-URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(10))
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66022249&loc=d3e33749-111570

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(13)(f))
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882
+ Details

Name: us-gaap_IncomeLossFromEquityMethodInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Net rentable area for properties owned.
+ References
No definition available.
+ Details

Name: us-gaap_NetRentableArea

Namespace Prefix: us-gaap_

Data Type: num:areaItemType

Balance Type: na

Period Type: instant

X

- Definition
The cash outflow associated with the purchase of or advances to an equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 13
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3213-108585
+ Details

Name: us-gaap_PaymentsToAcquireEquityMethodInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The cash outflow from the acquisition of real estate intended to generate income for the owner; excludes land acquired for use by the owner.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 13
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3213-108585
+ Details

Name: us-gaap_PaymentsToAcquireLand

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of consolidated retained earnings that represent undistributed (not yet received) earnings from 50% or less owned persons accounted for by the equity method (equity method investees).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 852
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6462270&loc=d3e57205-112772
+ Details

Name: us-gaap_RetainedEarningsUndistributedEarningsFromEquityMethodInvestees

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Details

Name: dei_LegalEntityAxis=FRPH_MRPMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: dei_LegalEntityAxis=FRPH_VulcanMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: dei_LegalEntityAxis=FRPH_StJohnsMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_RiverfrontIJointVentureMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_BrooksvilleJointVentureMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_BCFRPRealtyJointVentureMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 51 R39.htm IDEA: XBRL DOCUMENT v3.7.0.1

Subsequent Event (Details Narrative)
$ in Thousands
1 Months Ended

Jul. 31, 2017

USD ($)

Jun. 30, 2017

ft²

Mar. 30, 2012

a

Scenario, Forecast [Member]

Anticipated increase in net assets upon consolidation $ 139,000

Anticipated increase in liabilities upon consolidation 93,000

Anticipated increase in net equity $ 46,000

Estimate gain on consolidation $20 million to $25 million

Subsequent Event [Member]

Percent of apartments leased and occupied by third party tenants 90.00%

Riverfront Holdings I, LLC

Square feet 300,000 300,000

X

- References
No definition available.
+ Details

Name: FRPH_FairValueChangesInFairValueGainLoss1

Namespace Prefix: FRPH_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: FRPH_PercentLeasedAndOccupied

Namespace Prefix: FRPH_

Data Type: num:percentItemType

Balance Type: na

Period Type: instant

X

- Definition
Area of a real estate property.
+ References
No definition available.
+ Details

Name: us-gaap_AreaOfRealEstateProperty

Namespace Prefix: us-gaap_

Data Type: num:areaItemType

Balance Type: na

Period Type: instant

X

- Definition
Amount of addition (reduction) to the amount at which an asset could be incurred (settled) in a current transaction between willing parties.
+ References
No definition available.
+ Details

Name: us-gaap_AssetsFairValueAdjustment

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of addition (reduction) to the amount at which an instrument classified in shareholders' equity could be incurred (settled) in a current transaction between willing parties.
+ References
No definition available.
+ Details

Name: us-gaap_EquityFairValueAdjustment

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Amount of addition (reduction) to the amount at which a liability could be incurred (settled) in a current transaction between willing parties.
+ References
No definition available.
+ Details

Name: us-gaap_LiabilitiesFairValueAdjustment

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_StatementScenarioAxis=us-gaap_ScenarioForecastMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_EquityInterestIssuedOrIssuableByTypeAxis=FRPH_RiverfrontIJointVentureMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

EXCEL 52 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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how.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 54 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 56 FilingSummary.xml IDEA: XBRL DOCUMENT 3.7.0.1 html 79 234 1 false 21 0 false 9 false false R1.htm 00000001 - Document - Document and Entity Information Sheet http://frpholdings.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 00000002 - Statement - Consolidated Balance Sheets Sheet http://frpholdings.com/role/BalanceSheets Consolidated Balance Sheets Statements 2 false false R3.htm 00000003 - Statement - Consolidated Balance Sheets (Parenthetical) Sheet http://frpholdings.com/role/BalanceSheetsParenthetical Consolidated Balance Sheets (Parenthetical) Statements 3 false false R4.htm 00000004 - Statement - Consolidated Statements of Income Sheet http://frpholdings.com/role/StatementsOfIncome Consolidated Statements of Income Statements 4 false false R5.htm 00000005 - Statement - Consolidated Statements of Cash Flows (Unaudited) Sheet http://frpholdings.com/role/StatementsOfCashFlows Consolidated Statements of Cash Flows (Unaudited) Statements 5 false false R6.htm 00000006 - Disclosure - Basis of Presentation Sheet http://frpholdings.com/role/BasisOfPresentation Basis of Presentation Notes 6 false false R7.htm 00000007 - Disclosure - Recently Issued Accounting Standards Sheet http://frpholdings.com/role/RecentlyIssuedAccountingStandards Recently Issued Accounting Standards Notes 7 false false R8.htm 00000008 - Disclosure - Business Segments Sheet http://frpholdings.com/role/BusinessSegments Business Segments Notes 8 false false R9.htm 00000009 - Disclosure - Related Party Transactions Sheet http://frpholdings.com/role/RelatedPartyTransactions Related Party Transactions Notes 9 false false R10.htm 00000010 - Disclosure - Long-Term Debt Sheet http://frpholdings.com/role/Long-termDebt Long-Term Debt Notes 10 false false R11.htm 00000011 - Disclosure - Earnings per Share Sheet http://frpholdings.com/role/EarningsPerShare Earnings per Share Notes 11 false false R12.htm 00000012 - Disclosure - Stock-Based Compensation Plans Sheet http://frpholdings.com/role/Stock-basedCompensationPlans Stock-Based Compensation Plans Notes 12 false false R13.htm 00000013 - Disclosure - Contingent liabilities Sheet http://frpholdings.com/role/ContingentLiabilities Contingent liabilities Notes 13 false false R14.htm 00000014 - Disclosure - Concentrations Sheet http://frpholdings.com/role/Concentrations Concentrations Notes 14 false false R15.htm 00000015 - Disclosure - Fair Value Measurements Sheet http://frpholdings.com/role/FairValueMeasurements Fair Value Measurements Notes 15 false false R16.htm 00000016 - Disclosure - Investment in Joint Ventures Sheet http://frpholdings.com/role/InvestmentInJointVentures Investment in Joint Ventures Notes 16 false false R17.htm 00000017 - Disclosure - Subsequent Event Sheet http://frpholdings.com/role/SubsequentEvent Subsequent Event Notes 17 false false R18.htm 00000018 - Disclosure - Business Segments (Tables) Sheet http://frpholdings.com/role/BusinessSegmentsTables Business Segments (Tables) Tables http://frpholdings.com/role/BusinessSegments 18 false false R19.htm 00000019 - Disclosure - Long-Term Debt (Tables) Sheet http://frpholdings.com/role/Long-termDebtTables Long-Term Debt (Tables) Tables http://frpholdings.com/role/Long-termDebt 19 false false R20.htm 00000020 - Disclosure - Earnings per Share (Tables) Sheet http://frpholdings.com/role/EarningsPerShareTables Earnings per Share (Tables) Tables http://frpholdings.com/role/EarningsPerShare 20 false false R21.htm 00000021 - Disclosure - Stock-Based Compensation Plans (Tables) Sheet http://frpholdings.com/role/Stock-basedCompensationPlansTables Stock-Based Compensation Plans (Tables) Tables http://frpholdings.com/role/Stock-basedCompensationPlans 21 false false R22.htm 00000022 - Disclosure - Investment in Joint Ventures (Tables) Sheet http://frpholdings.com/role/InvestmentInJointVenturesTables Investment in Joint Ventures (Tables) Tables http://frpholdings.com/role/InvestmentInJointVentures 22 false false R23.htm 00000023 - Disclosure - Business Segments - Business segments (Details) Sheet http://frpholdings.com/role/BusinessSegments-BusinessSegmentsDetails Business Segments - Business segments (Details) Details 23 false false R24.htm 00000024 - Disclosure - Long-term debt (Details) Sheet http://frpholdings.com/role/Long-termDebtDetails Long-term debt (Details) Details 24 false false R25.htm 00000025 - Disclosure - Earnings per share (Details) Sheet http://frpholdings.com/role/EarningsPerShareDetails Earnings per share (Details) Details 25 false false R26.htm 00000026 - Disclosure - Summary of Stock Activity (Details) Sheet http://frpholdings.com/role/SummaryOfStockActivityDetails Summary of Stock Activity (Details) Details 26 false false R27.htm 00000027 - Disclosure - Stock Compensation Expense (Details) Sheet http://frpholdings.com/role/StockCompensationExpenseDetails Stock Compensation Expense (Details) Details 27 false false R28.htm 00000028 - Disclosure - Investments in Joint Ventures (Details) Sheet http://frpholdings.com/role/InvestmentsInJointVenturesDetails Investments in Joint Ventures (Details) Details 28 false false R29.htm 00000029 - Disclosure - Recently Issued Accounting Standards (Details Narrative) Sheet http://frpholdings.com/role/RecentlyIssuedAccountingStandardsDetailsNarrative Recently Issued Accounting Standards (Details Narrative) Details 29 false false R30.htm 00000030 - Disclosure - Business Segments (Details Narrative) Sheet http://frpholdings.com/role/BusinessSegmentsDetailsNarrative Business Segments (Details Narrative) Details http://frpholdings.com/role/BusinessSegmentsTables 30 false false R31.htm 00000031 - Disclosure - Related Party Transactions (Details Narrative) Sheet http://frpholdings.com/role/RelatedPartyTransactionsDetailsNarrative Related Party Transactions (Details Narrative) Details http://frpholdings.com/role/RelatedPartyTransactions 31 false false R32.htm 00000032 - Disclosure - Long-Term debt (Details Narrative) Sheet http://frpholdings.com/role/Long-termDebtDetailsNarrative Long-Term debt (Details Narrative) Details 32 false false R33.htm 00000033 - Disclosure - Earnings per Share (Details Narrative) Sheet http://frpholdings.com/role/EarningsPerShareDetailsNarrative Earnings per Share (Details Narrative) Details http://frpholdings.com/role/EarningsPerShareTables 33 false false R34.htm 00000034 - Disclosure - Stock-Based Compensation Plans (Details Narrative) Sheet http://frpholdings.com/role/Stock-basedCompensationPlansDetailsNarrative Stock-Based Compensation Plans (Details Narrative) Details http://frpholdings.com/role/Stock-basedCompensationPlansTables 34 false false R35.htm 00000035 - Disclosure - Contingent Liabilities (Details Narrative) Sheet http://frpholdings.com/role/ContingentLiabilitiesDetailsNarrative Contingent Liabilities (Details Narrative) Details 35 false false R36.htm 00000036 - Disclosure - Concentrations (Details Narrative) Sheet http://frpholdings.com/role/ConcentrationsDetailsNarrative Concentrations (Details Narrative) Details http://frpholdings.com/role/Concentrations 36 false false R37.htm 00000037 - Disclosure - Fair Value Measurements (Details Narrative) Sheet http://frpholdings.com/role/FairValueMeasurementsDetailsNarrative Fair Value Measurements (Details Narrative) Details http://frpholdings.com/role/FairValueMeasurements 37 false false R38.htm 00000038 - Disclosure - Investments in Joint Ventures (Details Narrative) Sheet http://frpholdings.com/role/InvestmentsInJointVenturesDetailsNarrative Investments in Joint Ventures (Details Narrative) Details 38 false false R39.htm 00000039 - Disclosure - Subsequent Event (Details Narrative) Sheet http://frpholdings.com/role/SubsequentEventDetailsNarrative Subsequent Event (Details Narrative) Details http://frpholdings.com/role/SubsequentEvent 39 false false All Reports Book All Reports frph-20170630.xml frph-20170630.xsd frph-20170630_cal.xml frph-20170630_def.xml frph-20170630_lab.xml frph-20170630_pre.xml true true ZIP 58 0000844059-17-000010-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000844059-17-000010-xbrl.zip M4$L#!!0 ( />$"$NSW3D>6)@ +)G"@ 1 9G)P:"TR,#$W,#8S,"YX M;6SLO7F3V[:V+_K_J3K?@:]O?+==Q98YB!KL)+=ZL+,[QXY]VD[R[OOG%$1" M+<84J7#H=N?3O[4 DJ+4DIH4!Y$2=F4G:HD$%GYKQ,("\./_^3YWI'OJ![;G M_G2F]I0SB;JF9]GNW4]GOW\YO_AR=7-S)OV?G__S/R3XWX__S_FY]-ZFCO5& MNO;,\QMWZKV5?B-S^D;ZA;K4)Z'GOY7^($Z$WWCO;8?ZTI4W7S@TI/ #[^F- MU.^I8R*=G^=H]P_J6I[_^^U-VNXL#!=O7K]^>'CHN=X]>?#\;T'/]/(U]\6+ M?).F;4W]Q4Q5_OXKKPA7:MC-B_OJKC-^KPC6;\?SD[ M"4D8!6DGRO>1PO_'7__Q^\1W[#?X;PD8X 9OO@?V3V>9<3WH/<^_>ZTIBOKZ M__WXX8LYHW-R;KM!2%R3GB5O.;;[;=-[ZG@\?LU^31Y]\B1VGO2AO\:?)R18 MMHP$[GC^"27PJQ6F+V0?-E[S'U<>M3<^.N"/VLFC%EU[+J!F[\Z[?PT_P/-J M_UQ1SW4U>=RGTZTD#U[#K\F#=N#U-76X:WS\B>2%*/2W/CQ^#;^F#P;G=X0L MTH>G))BP!^,?D.KA*M7PB^\Y--CX#OMEPTNNY[K1?#--5NB_#A\7]#4\= Y/ M4=\VT_>>?VGU!: !O]Y,'?ME W7O;S__>_D":)CGH$5!)9VSQY6!KIPE>H2R M]R9@$GY+IQ(3VSFY(?T> M2K;UT]E[WYLG!"IJZ/'/@_-E_^EKU WM\#']-OW>MO"7J0V6C%%)5Q!,1/+J MYK_.?D85'_7[BC'^\?7ZR\ON7F_L+^YM >A[UE,J0-_\$&W3S\OA)"TM?WOR M&AC/S$LX[F7WULHKR?IL_1N M3C/ I#]90,SWA6.;=LAIE2P;GN116#S*-QA$4'S_,@I@=$'PA3<77'RW@[.? MD\?R@?'CZXW]9FE^O9GH$S!70K"Z(UB-VVI5@\A&2$@G)23F7JT2LFY#KCQ_ MX<%$F)Z4**R-^L2L@N#YZ>BY&06A-X\=P5=O<<7^IOYQL/[*.?F5\]VPS]@_)%_) '+N[\C(/<&\/!I$-X$042M M3S[^ETP<^L1P[<1"F*]=$:^0IG9+4\-!\9I87/J>]RVXMQV'GKQ8[,3BR,6B MB._!-6YE.-!/3#S::C6:2)^LB8>P&NVW&@>>8PL1::F(M#QZ?5ZR/I,0&@Z_ M^L0-%IX?LG3'<-^ MK1F:YZ./#P2,#;VGCK? <<%?5Q#JA7YD'D]HG$B M%B%0[16HPT8T0C(Z(1D'CG:^>B%Q$M1.1R@V#%O$,@5C&2$ZK1"=KD0J.]=M MU,%P,.P;QBD(4*L6L Z[]/TG=9S@/?'OO..P'Q^ YY^F5SZU[/ ],6T'B,]P M?GVXQ\KLY\,.P7@1:SQG'-[;?A!^I2Z:47HDM0[/R,FF(9^ND1 "((S%5F-A ML#-7A$,YN)&(&=%DV+BJ)5^I/S\2IGON70BCN::3<*WJ;=N03]<[K*U;GN & MQ.<0$(YC2T:KOY;1ZMA11.OIGWZ[TC_;<1;%%NTHMNBN (DMPQF)ZM:6X>X( MF5A ;?T":N>%2RR>";OTC.BLK[MV/$IMYR(E]*%GBF:^A+]Z,[?C"FE1^\T' M>D><=XS>C/JM#.^@12\,]5I3!VL:)+CL4?K6"*IX5MG3K&Q X%CGRIMG-$($VB4"S5&4Y>^FBV5R+Y=EP MBL;R*SC7M!CT!&>12&AY(J'[DB7.G&SGEKW.2Y;(;+5T.MH-R3(RDM7-R=H* MSL8^.!L-X#S,5"]U\V+;]:6AXJ4^#9V$NHZS*)1N8:%TIP1(%$IWLU"Z4T(F M"J6[52C=1>$2A=+"+NTI.F*>V85Y9FLE:\?N#2%979"L]FWN6*Z>#K/W9W^) M)@'].X*AOKN'?QV'&*T-:BDU6QXX^(I9S)5:5\Q8'TMOM2H%)G4)M/W>\ZE) M@F,1@R3828:W)@0;!WUHAS3L+:6JY-"WC MFX1E]<0WF\7BC\@Q2,3]03/GPHB=R)MDQ$*O>O=21I+?EKM EO;TOZ7&0'DMW81X\4>VKL/H._SEGXL^QZ$ZRFV^.YOT9SZ M)/3\I[)5 (-U&C>UFNGTFKK>W':?Z_9Y7-;[W=1P\OL*"CD _4Q]/.C[&:XM MX./>//N_E/C;Q8(I(WMD[PXNS%UR%X7^&V*6H/_+W^^WXX.M!W]/P_U;C\NL M=@.4/+5W-R"KFVS\2B=@!>E=8OSR](%S 3X-N*5W=A#Z8*E^(W,JQ8;HEDYW MG6[%++'T[T\?KF]^^^6++-W\=M7[\?6V1I]V>D7QA'KGQK7H]_^BC[E[S7JE MK:UEN[OVS&@>EQ'D[@7F(/_-V\^^OJG9S\R6O^-Q8>[VLX5(6UO+=G5AK(MGP5^3Y^;0'YHNW=8S!#MV]OFQIYVRHBY K3O/#^_1EV8)G70%U)+8BUDNUYI,NDQO6B" M!+,+U\+_8 !W3QPT@C$F80&B?V \8UD4=.>@\C^ M=':N@Z;_^+I01Y51-\A#G=X?C,$4'8Y&OGVMG0@:35 'JLC=!UW1*X0?KEAF/Y/D 7M@;G[X^7*5G M>Q_EJ,D%3M\8:'M2P[:)!7OCH U5;9TSK,7"_13=<+7;*HW&XW)4)5GO2JD: M:\:X4JRN/!]$;BE7-WK?;U23 KUWM>K&?KNC9T[25"'8]VH1BS*4#$8#_5! ME5CDVCZVFSEC0QM6"4QYD@RP+.50RF4ZM<' &.21B2MO/O?<+Z%G?F-N^%,4 M8E;+ JNPM_5DEG,E>-K>24EZZI/%VY(%/[ACH8E: +HK]H'CGXTZ=P!C,S;[[PZ0S3Z??TQC6] M.?W@!1CO?)I^)=]+ +@>=!;IM@:J<$;)=5,8&>>8\$$GZ]/[!\M*OW^:-6H M/VU]O_[S 3,>C32E8/\?;#+!DW%YT%>1\:]9%9+"95QX-!<[3L'['7 M2F:Q**=>]M40^ISKJEZ?]A8+B_3QJ"Y&5NE2#T-F&1Z#AC2OQV4(UK3"0KG\ M!4GCV?R/-)QYUHU[3X.0L;<2#WVN&L-5CY>K[SH)KD1(C+7Y66M&M7NC_G.B M?\ Q%?:XY^J::6F-%1!8++[0*V=BQ4M.M1!8+*:IA4WU M+EI4HHL%Y^I#M7IS4.5Z1J,$EF#C2%_W3#6J9$/BEO6M5]"9[48P=X\G\9X; M7-*IY\=5FU_)=QII2G9O/"9^NR ETL2[&F8DP-B,H3=_/8>7$E/ MUY9D;>QO;Z*>E:;M1"FC&HG:+4_;B=(&=1'UK$!M)TH=%B3J3XHE'M2Z@/ # M@CA^!LJG*>\@LR%K3UG;0NAXW,^PM! -E0]@MUQN&\!HT&_1 ';(\-8!&*WA MP&YYWRI" Z/> 5S;3@3?/FFC,BV :9 Z?G8,V\BH813[J<)8&;9L$'NHPSCK MCP\_B+U4 N1)?UZI\X[BFBY\:)^%O/#9H?CAPK4NYG@\SC_L^THBV;X^7HUD M\_1<%;7%YT+JVGQA'VHO',K^OJ""Z> M"=4.36]!@1@>%N#B"4*] GHSN\T_$_^3SZX1L]@V_B3>S+US=4)HCD75Q$XX;25F$9__[+GR+/[Y>L$__2]7C?\%W(?8EF=1Q@@4Q(3SY MZ0RXB7\OB&4E?\>-3H&2-Y*J+4+I*YEY5907;Z6)YUO4/S<]QR&+@+Z1DD]G2WJ0%#_]$U%G7UE)U_>X9<(D MSCEQ[#L8U\0+0V_^5G+(HQ>%YW>^;9W//0L:=VPW;IC,%V__ESI0^.!#ZP#- MPT@!5_>GL^'9?EV]E9#WR;-X/B[U4X8B/[*\.9^2N>T\OI&^VG,:2+_1!^D6 MN.3*_ M@$7*'O?YUYE,J?8279H%$78M:;!382BHNAT5LT#+$OMC?R^!5&!?V MT6^]AL1FXIS_#2J_"!M5F]BX)-U/' (F$XB0 L^QK::%Y-?(I9*NR!4I4[W@ M/J]A:^!>=A),0> &GM ZBH9%5CRW?# M<+:C_WA>TS=>[!;.A 4Q"FF4WN&S )>*)G1U3KP'_8; MYG@K4:NBZV.BO@HZ=7T_0I]#KS@_FN=P\1:;9X]VW.R) X306SR)R?=N5MO= M;L,<5%5E7Q;N#^P!WE1:A?I@;[/6G 2! M^$430+4$OW';^\T8&NJFB+"B2F!V^5F^<+)'FJIE1[ ZEG;P1O!=\+UFOI>- M :I(\U7FA/I]HSP7J^!6[C:Z#;=:-%@N!E7-[E_K&37J;+6M;S2C6D^#/B3+ MBR8.;=/<>G]JVS+IWLC-(Y.)1KIJRS3]B)3_\BGZ-339,$,-HZSKKE!%FW7? MAX2]/ZP;]@U._#6K'%I^M5)5E*,,*7-WQR&JJK:7=FUNB*7D/[&,?'!AAO:] M'3Z>;)W6_N%;#8M]%=GGRBC30ZLYIH#)QL.\BI]0=)JX(,8;66CK7@^ MU2%H^,::@IZN0VH=[Q\Z#3D7@Q4Z#2]_FAZO/K_[3GW3#DY$QF_IG+#[#4YC MN+]@58YT3<)6:'69D>#+$=-%/KMA=$?I"(IP<@E[F86I,H/ANW=*SH:K+4O4 M#@[*9]\VRUBAILHV#X7/5^K/I9>/?O!*@+05I/?$]B6VP?*EHBC_VH%51^Q> M]F0 $C8::0-<-00SIP)=AYHI!5<5(M(1T[JI,N=7XD;$ M?Y1462JP,:)FOI49I*8/9'V4=^4E[T"JE/;/K&<2>Z%G!:K5U_.7^D@%*PRV/5AKW+8 MZS3\AWKNA$4D?R7,*1K@CYYE3VU>,=-]*US-5@"A?-799Z6G51UW"OM\5"+R M4M5SGXG0X%)MYY/9>3U LB9=5Q!>_]:6_*(V',L#O>@VXN8E3-B0XOF?_DBX MF9IULGD1:I7M,'*?3"/<5,UKKFW7LX/I]Q':K,-@U!'MV;BL%I^)>"2+:NI ME?7<9[^(B5F5057NTU_:8* . )'1JUK!A%P^;Q#D@99[F_ Q&?MXILZV_8GR MM XWTP:X1'E:J\?9!KA:6)ZVQX$,;0BO#\OK4LY6'SWQNW@U<'Y;N/!-J<-1P"8/; MZG&V :X6&ER1AFHZ0S&01[J8]K9!'47^YRB /CBX1YJ\T;3<9Y(WF[JIXW3> M?0_&73]J]X/GWN&1.]=T$N:[4_[W+]?9.]S/];.?=76L#%>'^!FPFP [K8NY%[DEQC_2!MH*,?DZK([, M7)CUE6'?J(#,&]?TV9G/Q($'84K*#_JZ"$/?GD1,V+]Z.\^*SGL\\W(XO(OL MB&Y^>W_V\U!=#J8\6/3]O#B]1B[\&.!PANW,_@7CWK%]\+JE/:OF$8&9]6/:5/P$"W>!,$ M$;6NV5H%?Y:3E_69Z8ZLZ@S4>*!G#&YQ2JIF;*:4+3G>.CX1-^F2G5"8VQ=^ MWC)PMK)='9=SDIT/K>+!-574U_MCBYL/Z*@I"9V*_>!4P1\"'B?":V=>->D84-)INU-%EOZ9;^'=F! M'5*8H=R#:')-OZ6F=^>R5MCYC96(8G\MK*N;Z#: 5%@]3@^?8NK:5[63$Z+" M-N2 ^'P*9]3_A;K@]!R8JUU8<]NU@]"')N_!"6+K>:W)_\1M_L]'=DCX9]]; M8"(> D[7@J^PAUOTL<%'BK<\[(9DW%\1FSQD5C6T#3)>Z=!4;7BPL6UBFPD" MY\W_YR((:/B1N(1'3FJNH<#E= M:#(R4:?S#&RH&6WD4?F!#<9J&SGVU4,;3>^8$<^E1:.QWD8.%1_(8*P=C08'=05K0>OI=1(.ZB-?C*4 M*M5(.YRT[>!2!6JD'C1 W3:PPFID# :EQQ%+"+M>-(27WL$DB^'*4L)\CL7R M[# =NZ;\OX>8+V6&N0_)=0V[]KF4LLKB-HV]XKE6?S@:M7:L%<_%5$WOMW:L MM4[6=-U06SOR6F=SJC)66COR*J=[(U4?MW:@54X'M;[>7HY6/%T<#EJMMK5. M)U5%Z]38JTM J=UB^MYYG?ZPU>ZXT@FKH;=7FNN>T79HV)4I\6C8WK"ZRMEP MOZ]6[XUO*7'>!2$)Z5?RO5BZ_+D+"=0FJNI:=JIB:8E4 &EOR;(Z:"KA9G^@5JPT 1M8G5COL M2PGHM'ZMS-X6UM3/[/>WG__]Y@,XU4_3*Y]:=OB>F+9CAX\7=SYE(0:[9WA# MD:.!,KHD]4_J.,%[XM]Y3Z@#NVM"0T\J'XT?7^?KOCRQ:Y+PWO8#>-9U*813 M%%_*3;2J-$<)'[]@>#AY_$!Q-TJ0?AM-''MN;]P 4XHI M:CJ*@I3DX<:Q_34%/&2H='7'Q#4Z='O-?.)E4?J'6/>._])+]%:'3B M#;3!Q3VQ'=Q4\M[SV4:B?/M>M@S<&(S'ZK""32_/$+D1C"=EQD_[F3R_N>;& M#7W;#6R3U2"K>V^)U0;#U=*$^FBL>H=4YEZ4U9[VWQ^LY]HK5 &)ZUB\FR\< M[Y$FE>:;^_W-<^_927ZLBX#EJ[*_7WE!^)L7_E\:QC7J_ZQMD"N$Q7"U#J V M"E>"R]IZX'[A<(OP*U[='2_T5WQ2#*IXLM)7[W% M%?N;^ODG[ID@;5/G3RC$53J8CMH^MJ-B^%5-8O[>GJ#H4_)IB@N)N]1B[V76 M"W/C;&9M;VU*PW[4Q4I[Z7O>M^#>=ASZ- 6N#H:#8=\PGJ6MKXTJ($T[5_0] MLO.;23)Z(ZTT20"5JH#ES876\RCI^1B(1V_8?$?G!5N=#D%^J&N"[!20^^^! M_<:UG9_.0C^B9]+KDKUL.=GG^5YRRL(9C% #1^+TCTL1K9%[3?7 MGAFAU+T'4TN<).X'4O(&MS__-RCVSI:>Q%M_1YC]I^$,ZQ-P;H*O?7H (QS, M[$6\LD/N-LZL8\$ORN1MRT6]X5#M9V*SO*35.::\9FW;F)2>H1QZ2$46H]GR MQ'"@=X5=17QV-]F5UP1M9=/A1[2N4R5'U (F[1O]M)A)^GX%('59!_1B[R#P M"A_CX];PY"V>;,_>BEUF+0 SOAH$\MQE/M_9T[,@I]3W*=;UP9Q^6>%R25TZ MM?=8@MP4M(W'Z\=6[NRT AH+YWS.56.DEB$2TX ?O"#XY'XA>'+J2C%E6DE9 M"9[G:]LQ\W5='<'%P1V-*R!XO?3TQDVR29_)(Z:2< NG:<)$Q+2Z6)>__VHI M+\R'X6CMY(S]*8^77_&0+Q,LH(_+SQ1\=WCC9F.7:FKI];5-TOGZKI#DPD@G MZW(E2;ZEB_C%3].M!X3OOT5AN&IWMO56AJH]5K/6MM'FI0J$V*34"K!CK(9+ MRQ*K66E5AJ-5M+;V5XJPXI*V?OA2;KI6@*T>,%49[Q"OR@@K?@#K2%O?F9.3 MKBRR>%HQ<B/G@K: 9F<>S4^$VK[Q@R!O"8$^'L)GNT<34JK6A/ MMF;71_+!\2G,>W7T9!]H<_!L<;;O;1>ZK3Y,.5_?W9N__VHI+QXN]L?]7!%6 M#M+Q-5Q0@O_@3.T>)G X12AS<$+N)=TB?5=-]QX1RV#5=)2A?OODK.+)TW"< M^706REM>O4V M(SP5V)X^IKU-\,-+]95T30/3MYG%E+RI=!D%Z((#"9? V6CA6T;/9[#)F*_$ M)WOLRJ+7DP/0OGJ]46/]OK_]+&&5'M: RQ*(3D]ZR6D9:9J"/Z=_J6\ESY?" M&>4D+1]"MT7=XC4)D\CF+7I)MEEFQ#@@Y_@U,G>>GFL@ M0R/0RIQ5IDB^]XC+%)*##Z7OLU>RK\,K\ Y[B)C\Y&@0#%E"=QTZK%WVG+7< M7,](6/B@DKX-E$\!I6G$IGQ/!@ _@;B!KX'68/#I>,S,YOS>:4C>5Y 8L:B MD6#@.;9%\);S*7?!@!&3#Q9&,X)L%A)1)D DMFNHX)L$&9_9*:?(CZW2#D*, M?040I6$'7N1+7I+ R,HN(RN()L!6&R0 44!B,J>OUA5K,RO*UVB:+UW M/!]@ &3-;]*RHNJ)>JIOES]F&^E)GR(_!BM9GDET+K.Z)?V%&0+IGJ<(9.GR MBM'-5_-6?V1D+9>1I.6RC_29^"'JDG0C2Q\^7$G$3_E"+48$ZD.$02\C@++5 M(VG.EH\05[+T.2^_4"K]YH$Y4%48!4@(!"%+_DLS JR84.I*"Q\F5SXW)=B M;V&(+3W8X2S;("@E"-'"H5QV[O@9AZ"C\ Q=A$M3]#OX5_CK"_;%Q.EB#H)L M$J;,-N94['E&)FT7OI_SRS(0&FS"7FIP((6>]!Z>D%3E_+^YN? DUPM7)!@( MB5]<;6SJ>2$\"W3XE.5T+&GRN'E44O$1I2Q!S7,H8+U)U7K 8M:,MP#KR5UH MUK B[61Y)+_T!M$ 2ET(3H* M^-R O+$]I<485O<9P21 QU.N2M*>;-@\6-61&*8+="&C-:NO,TU=^VB;VGE MQEDFS\"-E#P&,A #4(Y @T>\+:C);%M/Z2(F/?2 E$)RQ MY5=&@J[RSIC(%S2*&?E;BE$R]HS>S2AA'7-#H???+L__^5<@845H% 3P+B,( MV[QPB?/(XR3I?=KQE>?RNQ>X28B'#8_$( .Y:0]2 +[/L1 +,)=,,F$X?T4N M4Q*NK$A:;)?_%:R,E@OJMA'[U&&0<$5)QQL+_YJE5X=O@U0?_^L)/U!-4'>0 M'PGC!R?BA3^YJ2A*ZI@/76"_7<$OH(FD&=^YMU"M(1!8^@3EP==L5)OYL3^UWH^F>L\V=*6WOL)R"X? M V?KPD>3IM6D#)D@G5^Q9Q+3_)7&=X!V>R:EO9)PUNB&8/;X36I29I+(]NOC M[J?>\OI5]AYXC_=T H8>S/E2I-Y??+F$F0%OYT,S_K)[NK0';8W;;GH7<.(39GP)&Q'\#E?8@;19,/HC>W0[0PT,6+68^S?>9QRP2'@+*',E#]0!IQ*[(_98 (0M[[M!'8(VN._! M5N%OG)CP+ZRTKA^X;2>Y0RD _MHP_2#Q5.6OR.+'8\' ( Z!X"+KVA\@-N0F MFPD4L8=A)_8\L5@3"O+-YGRIBYGB40BI =(4 M34GYDLH4 =PMP(GB=Z'O!8NX_8Q%2D>(;\9>!]]TV19B9.'")_ 66DCT_Y;- MHZEWQ,<8S?+2A$0:?B1C [A2H0.6!RM#PA_3"(LPL8@'O=HF/'<7V3P8AL\H MDFD8 GBSZ C&23!HPC@66CH56;TUJ_#/@] E_G(SF*[ M]I'XP']FU+@8[S1L8WE]!IHD^-/@1'O+LOO2RA5\+[]"Y&U*0W7TZHUT,P>I MNX^C'V!CLB%38DL'YVSM@.>R^()3QD1GC"C7)R0O%=PY1&_HK21LWP[8U 4C M:N:@H:, !,0!?*1[D#PO DEG2A$D86]&;5$) T;.)"4G6?\"^?^.T;,4DN^@ MG:QP+%A_0TJ>9O87#:F/5+"8 ,P0GUEAQS:KW<"V:!(+3ATNXA#^+:?H)@EF M/(ATO >P4@O/W:PQ ,EF"A]HEA)H/)Z\,G^2Z@HS7_SV;U12U$LOVTDL)4E' M($(DMN?<*Z8*"T82">73GPT.)FMZX?]3:N/<')F"[3Q*G@F3+ E&/V,Q/QAD M%J9CFL*>IR'U!,,?E(4U6[%J3XGK@J>)S1R?8L&4V_.Y\XLG6VCN\&P>DV?' M<)UF:7O)%$WM,K@T>)3':&!VF:[:Q(SQ^YJQ?.QWE,85>A=+\XQM\!F(&7JL MISB 1QM*XIE9RNNDNW@FGG$.F7D@/,SF?@]9.91^4/NRHBC;A)$96MS7R@)B MND&?B>T<*0;8SBL'3->4S:6Q]6M@!=]WSW)/Z;K 2K )NF;RU]@[UMH[ M2:YZ*?T?X$1U($K#&I#T46T9"++;2-/(Y(CP9 MQZ)C1O!J?(QSD=BQLN37/3L&!;ZY8Q>"Q\PE9IP4M%F^!.=F/HF='XP71 G\ M^7+J\9)Y$V@A6F!3X-%M$.VXL5=N0SE%8>5N"GDJ.W&;M@+>.+G:5"^ M&H!_78V^,7W)9\$9E0U7<6"&GWF9WQD4,D"6Q-\PJ!"DAB<]6=Z O1VBX"?Y MS70U**O:O-4)39*!3U28R^+ZS_'L,_;S<8],AKE#3/Q?5O=-+PB#I"U^I2J3 M;# V"Y@XI4$?GU-G%\<>4$5(BE)F6#,>G,R7,V,>2,7'3F7=,&<7VAQLI?*T M3[59G24L:8TFGD\"6(SN4QJ_PHHD@K@366+G+4@?,]D*?NP C(\O[N)& M3[UXXBC8OE(?2"#ZS#V!([&\.09IE"VA\.5(X)H]]WSZ^C>/^4A7 M^L-&BFWR^D^8OT$+(;+I^@I'\@WM#IB6$V;1)YCA;93YF$T\$GS T!'DWD<= M2]>(V9*?;_-L'2:ROK-I(7 #_"?.; @>Z)!Q=7SUB.=-T1DGE13,VV$I Z, M6W[)W)[ET>#),B>RN2]KHZ1Y++W@,W48RM;E:!X>_Q$Y$#Z"-/)\5?"JM^2 M]"D[SZ5_P##\\!5]G M$#S>S1B_V DB:Q8U-O9+JYK(HHP3:& WGS7$.R!L-P([ <(%*,6;V'3",V^P)?L"]B.V6GZH7.#./8;1$2Q9"$RKN>>Q\D $#$KPKP0 MMY9,/4&T/6GE=Y[5B;'%:BBB8)! '9V$RZO!3K<,Y@>U;+.8#-3EE8_ND<( =H .<)VB_T/ZL MK5)#V$_6UR-6YCMIU)X$-;Q@!GG'LW\OF<0!?U%L7KUI+_@\-C/QR&P\_-F] M^^E,.6-_+WCV@_V](5%/9D"=+/T;E[IPI00()&YP'E/Y8%OA#!Y5E!=OI0E3 MB',3L"&+@+Z1DD]G2WJ0%#_I![42%U^2(4V\,/3FRZEL>+:[R566X>R?^EN7+_((1F+C(>;^ MF"F#6??3;)GVQQIWS#F'4"YB'U<"26!^3;B8.@6DM(LRJ M=K9U60_+DC*M@H(JH!)2S5BEMY)5F =JE42W%J:!@$E(4P/25+%MC./;_O#% M;EC+C.<6)KAN1(,W!7F?Q-[/D%; A-?7HK*UR549826![:%;ZP"VXVY"VXD6 MA=B>(K8-QM=E_,:2>+X*M"P+;C@;4/,X?ZAD.%N%J@QI0UD=]]N'=EN:J07S M@3S6BH;)70"KS9BK?;D_' O0FP;=4-2Z0>^Z?H1@ MM1ES358,83J;Q5R7C;$A,&\8\Y%>>UQ6L;U"-]8U@=EQ4]PNANQ2W4FJMA#8KF8$7 *N(X.K0=M9QK\L M]YTM?&]JAT7K. 7_CZX9 9> Z\C@ZH@Q7A)_2:<>V\7N+SS<59V<^%:XSEZ( MQ-$U(^ 2;QEQ7BR8CNP!6FS$?R$-=E ,VCGE? M%*]O=WJBH+V:@O9A_5LDNMM,39B/^T7+(;H 5ILQAZA!*WJ$1A? :C?FQJCV MC1M'X<&JKF<_69%[J8^JW)Y5AI17@F:;)Q2N/!=<.S;7A4/"L:SS39770 M?OO8.9=^)9;(VD!@NYH1< FXC@RNSAGFS!*9DUQ]P.\F:_EZ65OC!ZW*7*&( M^1KAF5'E"J7@61,\4V5E*+C6-:Z-.L"S8W'A\Y4U/R&B>5-M(F?3-98913=9 M"I8=FF65'FDJ6-9(Q%7ID:C"=^_RW4X[5SO7=EU?-G,H3,YN:@H'"M^7<626 MZA1Y?NKK=B?(\Z%69?6NX'D7>#X8MS]76W%$(XZCJZ&;FF:U@]HO-&O23 GI MJ-9VC8K.H(5TG(YTJ/)H7/L)PT(^.BP?@W'9D^D.)!\U!T2G=-Y>&085W7+< ML@/[='D\*AM>G9*H--)575O)2@?2@M-=X/10UL?B#.53X+0A]X=%TW7BM-5# M-R/JEP5< JZ6-".JX[>[EQLWI#X-PF2ODMBJU-UQ"K@$7*UO1AAC<05]F\_P M&XKSCQI&O'!VO@M0M1GQ@2HN4&X6\9'2M:M\N\"J+D8>D/D/^TWD<+H[3@&7@*OUS0@C+7(X+<[A M:+)BU#[?ZFXS=94>C<2= ,UBWI<53>3.&LY6RB.M]M/:.^?JQ)T+)21*F,V& M794 O%G *ST(JRU(M1GP?NUW6U3LH1K=;[,<4=47+8B=6Y7::;5LA;O8\=U6 MWM:_WUNP]E!J.RB[74'PMK6\U8I6CE2#?\WAQBGMA"K#_HYOA-5D32F[$_R4 M1*6[F^8T61$;84^"TWU9&Q2MV!6<[B*G=7D\%AMAN]:,J*P0< FX6M*,J-O9 M[EZNR,(.B!J?3/"((M"RA874NJRH8L"LX:+)0JG M,[H 59L1[\O#4967(+0%K#9CKLJ:7GM54.<*&JH@23%&"V?EZGU'AV\%$+5=7>#M0RZZ;"]ZVE;>Z MK!N"N\?*75562A_^+NHP11WFX6JV^J6W=IR2J'2W9DN5^X4W_PE.=Y'3(UG5 MR^X-$)SN JAP006/EJ471<;Z4Y\>]LP$B1E)X&C\-_5\'[ M*PI">_JXB;;%LO/V4,!0D4SJ.,&"F(#]3V?*&?L[Y@7[>Y5*[/8KF0%ULO1O MZMQ3#.> 0.(&YS&5#[85SN!117GQ5HH%T_0\8RDKHC] MQ@)0[*G-M-*EH42PIJ7HXEXMT^@-7*YBKEN5%&B*6O0LKQ.%:?N*0\5*$CL! M8_2BLA@G;G)8>8MJ]2UJ6YNLHIRO-KH%MJ7H[HBC$;62AUKQ'8YEW:C]:+CN M-E/381-C>:AW;:V]+O40]6,EELQ&\KCPJDH7T&HUZ&-9,VJ_C*8CVEMU*,#3_#@B,I8?W>)XW@F M"2DZ:G_A^?"Q1:G=DZV0TF6]K[>( X*[E<9WI2L-1/6;J'X[6/W$4)4U4?]V M&K4R@X%L#%I<+;.Y:B6M15DL,>!%)C^^CH+S.T(6;[[0.TQ2W-(%7CSHWEW; M@>EX0>33KX#C)81%WW[^S__ P?V8O/+!<^^^4G]^32=A^A!F.!#Y6SK]Z>R] M[\UQP?=<4>&?T..?!^>Z, )1QACW'U-?N5 M_1+"+XPP"WZ5[$ *HCET9O\#T2,)I*D'L>1#(+VT72F<>5& V=M7;PXVLF,O M,6IZ/B=JB$0-T<'G#.VO8A'%/JTL]AELK\PH/YY;>N\Y][AT:?K4LD/I9>0R M0P]H :'@(%\5E(J8ZG[E%2IZC3 4G=@DGG)[/4L]&T=EW2AZ$&]M%4//\:-X MB]7+3/,,&A2^@^,$2J.,WN"%%'K2L#=^(>%UZ7?DCDJN%]*36J5I"X'M:N88 M3F(\T!$>RT]61"68O=IN$!+'P?1 %-9WXON9I*F%%Z2%UGS2M=$5'FLM(D% M@KV5LKZ?2\1U\>#$7!Q/%RURAQ[-I2DQ;<<.'R4R]R)XWIM*/VB*-+<=!V/%E]@S!T7OO[WBK5\DK:<_ MO.HQLKXBF6O/2 O?N[>](%^RM9E4>,APQC'P)C M$D@_&/(0S)ZB*!+(,&L':?9^]P!M]"2$\NGK#TBB'001\!XX?P=B0D 4L!+$#PD&] #''<$P M/X '$ARP,/J.NJ8-7/"IPVJFX76?XIU;_/?,WJ>>]-$+F"2$&XD@2(./,)@I MY41:@*Q[%CZ63"K88,/'!889#I=;?)5$8"=(R+^50 LHX&7Q5L"4(.U %C1R MSAKA[08;RT^W M,B/C86:;,U"!1\F<$?>.2G\#D- 4T#,A 3P;LSI1N:0V?_@VP%YL#[NY HPQ MFF1H?O7P_C(L/4)@-_P47W$F8[611:=@"RVN,Q>2Z/R,D'4,HD4B M\&S$H,&F;T^P7FH"X,;-KIL;+"@#.0Q2@80O.$\#)@XP< )R"("8T A\#L%, MVJ[I1*@Z7$9 N5UFFWY0,YH.VG5G)R>X/,!H9]OU>,/#:7_P9^18THR R62F M ]D= =(39HD8"EPT!ND0P F3!CC&7:Q<#&+PX":+QP;P.'"$DK,^VMZAO%0[ M_&0$PJKUN9/,*JR$U9#48K0 [AD'*:]XMX":$;K1Q*1SGKZW?3 I7ZGKTB M9;DD[K?$]X0/(.6/YU.4F#D,; 8_N);W@)P'4<=9%2@._H7D3"/'X3*=.E?V M=>+U8O<-%I ;3*Q2E!R/N#WI)C5MINE'Z#U#,&QC);9L:&-Y_\RL20LG0@5C M]H(I5U;=.0[,K"@OGO=^ TU[SO?%?FPLZ\/1\WYL)7+YO@!SS#2%,4EB_ %& M>&@=$F">Y4.6BT_A2QD+[C_TSB?TW*+X(RH?HV)9X,(I!-5>,&(8@^ #MA*@ MW04Z8ZK0N]S!L*#_9%W-!4G.;A*6; X3VTU\O;:;^"J[FY@Y9E[%BS^^1N=G M_AW9@9U8!1 ML\[5AJF&UE?P#QDT)D"!!_OC//:D#$&!_3TF)X[H$Y*D:L@9*!ER^B-M SD; MV;)_5?K&$O/U.O1WQ,=S,H+/U/\R(YF"]6.I11^\DI(QL@B.C3);CP[VAI'% M:\Y1', X@?4,DL!M$85Q!!_["XC';),QTK*=" ,6FNT!C3TZ,^QHM8)=!BMB M4J ='^._6Z&Z;#54;96\UI;-MZ+^J?TP'6:QL#!,!U7.:J3IF.!H M;$]*7'9L#9WD7CN+6^-ET5U@K*\[U3;=DZH[#[+3:\Y7,LCP9%+UKK$IPO]GYSCQL%2FI*O^B=R>4' M>8@W&S=!(Z,.8!N,IEJ_ :8M!+:KF>.!2SS7L3G453;_Q(HNV.!2SS7,8NR))[78O ZVP5YY'7R#G%;=1C*\6B*@$L8EC88E@,=$L.W M.Z#%67@AWH7*=EZP6C+[OFA>[?1V\(K-V4?+VJ._J* D;_:J:JA*[=3RO*F" M!V7E>PW#BIMK5EV*GFQ3#,X&P_BVQ&3'$S0*N$2,W888NYET8%I-$>_($//V MSC9S/'")YQJ:M^Z:-JLB*7G3M6AQ?U$56CRLX8_>X.-UU MCJ+R5G,@536LJV;N7BF+-C39N-)5:R L<9U JX!(Q_ G&\+_1$,^U\N9- MA^IEB.[X4:6J/%3++N@<5P#8@J[J61L:%BVX/R(^'V$4J9HX'+O'<<60/ MEF.Z+'):@T@AE"5?Z94^6*K#,\L3RB H/>6$5X6/<(*J]/2RU:DB@U O@TK? M@]9P N%@3O]ZKZ)"X?:%VQ=N7[C]$_,JPNVWG$&'75@W11( S1-VWI_ M[_F9FU;PMHKE%2?;;ER1)567!RJ_I433Y+ZF)3LL2!CZ]B3BUU&$WLIM1/P" M+F_!;\E@E^+1[WB'&&[*\+TYOTF#.&;DD.0^G?6K,Q@=RWLQ)M0D48#44]OG M-Y(%^&;FMK )I7C!4FB?)UNG>U+.0:Z 1ORA>_C'79X MAD9P^;A\YC,_5^/B@?A6)VZ9V:U>V/X$/[P/MR!]6BS?XG=P:HHRB'^\D5/R-)8L<.,%(2^<4-4[%ZXW62\?()OTT/1?N.W6;);K2R;)^: MH><#4MYT:IMX!252\(T^2G2^<+Q'2N-+(1E!>'H*"OK<#OE%.JPM[(:UGR5# MCKLDBP7T87/@F+<+V 5)H(WLPLCX*92?33]$KHTOX) R#W*2D@&S[_ NQ?1* M4'9.-(.;:5I@SVT'[VT%5 @T[N.E7R:T@,T+H=^J;=L!,ECV? M4PM@I'@I)5[-B55OJT^XDAG-F8FZYP[ =L'$.0Y36B12PXOM?$DS7N!%=T@^ M&$]V#1HQ9_QVM^5]21M&]^>,NAOPBHF@ULK-6>P"56Y[\0:WQ.%, 7Y@LTGM M1:3_"FONGJ2?8; M;JJ=1F$4W^N*]S^R6_B,P5@>XQU@H;CQ,:8@:\; *>'-9US568A[_L6<>4[, MUGOB1%RR,;IUF.$!_;7G_!Z]*0'OA\_0U$"LZ@,^OZ[#Z)DW*D1/>H="R@V. M#6Z?]QY?-9BY3)4 @^=)JUS*@:2L&.,0LT\QJ^AZZ4VDTJ--'0NO]5KP2VWO M/50J=F?BA(8/Z+=UU"%XM#]X 5;+#KZ=3WV::%U\35QR56Y/?X'CZO>T%XDU MX>V"A>$/: 8^,.PIW+RYY!-9'/,YD5O+ WI< M+V3WRYHDF&4NF44&H'L&?H-C"O!,,&28RR0ROI)V]160O*>"P#D=)/*.MV ^ M=Z?Q#+R.YV-RE$F ;U,T0^RBT?1B9PH>'P0;J8HOG%P5%CMV0%R(=\E=@E9" MT>^]+_"23PE$>8_\/DW4)* ]\N-;4C-OQX"NV/_T=E:\ !0;@/&DEY^'\7U[ M3V0[S#CJ./+@Q*\^F8VNUTGW)@'U[Y>NF+_&E!I 2AU(W NW!X\V%P7L/*J 7]L+;W& 0!JTDF M@N)0.%8)8]/K>G9O>O8H-9V9A MC QD-!C_1/AC->+735^R?C">].[C6..>LMM;L36\Q1G^\]&/!_*OE<:E][>? M5R,7F4?.<6AG23!;M,@CEY[5((C?:4NR9'.Y6E[\G:$C)6!%]]=)232"F:[L M??,+, -^X/JL'N3.TQ,GQJSR>1'V1:G;*Y-HP1+SEE5/!Y!D,"]#<6A)A1P?)6 M\JJ1"")0^[\C;@IWP,$'GTX8M@Z\K[)QGZXAR$9V7'!B+4K%G:O@=AC!^^#$ M#VT_GHI$^#0-_I/.,/AFG-7[4;??@GIXS%MU#^N.9.WF9=7*5C#J:G[#[9/% MNBITD]OYE, \__%-CGQYZ9M?:T=LT#+$N?O.NJ%Y>]S5*H#-"6S1E?6V GM,$KD' M0%K[ "HJ6=78\OUK-9-+"HWBEQ06"34S>1J>,RQZ8T-,Y_:;T0I[H9P7OY4; M>-'ZSIBH<27WE!6@4R]Z_D-MU^8US^'B+3;/GJ*U>AUC3QP@A-ZB_+G?V4L4 M=[3;, =5M>AI7]V]8;$]J _V-FN'VRVQS^4F!2"Y<-V(..G*3K8(IR!6XDJ- M?/6^2H%=+"--U;(C6!U+.W@C^"[X7C/?VW_W1P&+V^\7O8;\T#>R=!MNM5.W MK1S1-JDJ=D[6.+=N9DM=G9/N&G=@M48F6K='LLYI^A$I?W>VX!5@J&&4==V' MV"39>=C[P[IAW^#$Q=;'PQ2S2D$TAS<>V8Z/&6Y)"[ L;;V.-*DJM(.DRALK MM*GC/:S6IF&1OTDQ]F0[]["N=;F/C\R]R U%_5K>^K7]P]H:%D';<53#%3H-+W^:'J\^OXOWJYV&C-_2.;'Q$(K3&.XO;*/D-0E;H=5E1H(O1TP7 MXVV52'>4CJ ()Y>PEUFP*S.8+_P_L!#'EXJBO*O'5AUQ.Y]RNQ/)6'#8]K9EO90:IZ0-9'^5= MDYV&_U#/G;"(Y*\0.D4#_#%S?%CW MK7 U6R2$\E5GGY6>5G7<*>SS48G(2U7/?59$@TNUG4]FY_4 R9IT74%X_5M^ M\HO:<"P/]*+;JYN7,&%#BN=_^GEOG1)N9E^=;%Z$6F4[C-PG]@@W5?.::]OU M[&#Z?80VZS 8=41[-BZK96\S:33&J,7PJ@-5UG.?B2,F9E4&5;E/Q6F#@3H M1$:O:@43(U[)'YG#L;J=*]GOC=O#J MX/PY4G54947/NYI1I\)T9%KT!PWPA!K&\S!21YB_G5&)7)WY],[ M$E+)=D/?=@/;E.[Q$"O)FS)":*;,QG;/PQD%F^O21RDY6/R!!-(/FCP8#F5% M4=C!X>$S#6G>N_0]%YSM?4#=@&U_ACR!D MI""G8H;<\:,)I-"3WM]^ENA\X7B/% B:1*'D>J'T".RXYVL/P#MX M$'HF_BDS\Q<"VL6$7Y7U/M?"!^HCFO T8,G5)U$N:>8Y%O6#>(F(J=-Z&G.5 M>3WI,P$5!B8G+;*70O(=>.;2J1TFW6OZB'4/?\$3H&EWC+8)-4D44$8'_S[5 M7R5W]\ M'07G=X0LWES; 1J8R*>?INSSGG&-J6"6@CPE^>#EZ)2T'*F5&REDU26F[ MHGY(\/8*)C@28DS<1ZY;(TT=O@VD()H$MF43'UZ7\%(*V[WWG'L0!G@/6[WC MU@O^(9++CD+'YN8D#%':T2_A6]#,7V!R4';,N%/3(?8\8'1PPP1]!-@^H\7U M_#EQ@".1'S ?,XG YX _Z4E?EZ1*,S!P/L7VT)S&+0?4F9Z#!D0@)N"@H-EO M(/-V.(-'@T5,!HA8P,4\5A#;!P$G?O@(P^*(/?+[.'P/+!_\89$YF$'>?^:1 M4$)"%AXX7$8\<%"R* BK%4C1(O:PRD[B\_ ?WL.N/F/\$R JIG$5($=IE%?1@G_A:(9^=(")!RY"B[>![&Z MIXZW0+Y+WUSOP46G?PMBY8.U>9^).OYOD MGAL%U'+/_2MR3?8G4T$4I="/V#=/=)F''A#"0F/L:83@+Z9:]S!H\ E,15WJ MA/;+\;\"Z857^@BI,P\Q@Y^(#-",G"A60"FNQ;_\\'S MOZ7VZ3.C5.6N&XTR!/(A1Q^C2(>&F$J:10%O=1(YWQ*S[H.A O.VD23X*+= M8WR<4(I,,B/?IU9/^IA:%;RJR 8T AYR>"%Q8ND T# RR+8)_Z34H8B Y0-) M8(9Q <;SNXW@ YV WW@5O31!=;T,BOZ.@,& $N7SE&MJQJCQ$QH-F1&R-( MA@G3BF :9;&P))?>>:$=VR%$%N]@\IG?8DR%>0X&Q1@W!30,'=X80$;=>QNT M"?]$$\=L,'-O,+2E2B:BBI%6R,048)FC7%(7CV"'T>-HF').-RMGZEB0.I,Y M[ @1]Z0%.#V8LF7H6AD-UPQHC(O&PH,^8UE !P>/V#AO1$U!I[^B9!#UF1&; M+L#L#%T%#AD@P4Y8NQ]AGG$+ 2?0!>K[D3PR646J8O6(F7USDW5=SXR3^7X< M)DXU? QU"<@B_#IGVKD*^09Y9>JG]91$?)@,;@E9^/PY;7OIJ4&QJ!\;/6_A M8>3+3 UV^S2J<#W)FSA)> /#3\BBW%@LS4M6!P+ Y09'RJBX^2/1P:SE!K=O M.RBV,QXL0&=V"!;J&T8&*,%S.V0/8K $?S'SG#6;V!LE\#J3Q!72P6T0,\0( M(D:.^Q40>,OR<3;.:+<#%*\Y\'9"4].(=AQL%TJ$#]'1 \.*N+&1XFP ;W%O M>U' )"WF)(]U4%?3:"51R"^'@A(9]U+C)A>S=GE(9+O/3*3 MZ."E?6"8[YB"HIT@W#TB37]]@WPY#55Y)2WO>I ^@N!$/D\!]9;K">Q9 M]AA/>K.@?LJ2 R2(73_FK/E\ADD=SW^"C/-Y$=EW<4\?CK[\B+V"4!9PYF+\ 5!E;H$L7<<,0!6+, M.4LK>+[O33R?&3W,LDX"ZG,[%<,-<)*X,V[AGW880XA]A3,(")==1VZF0;0D M <@F.Z22QV4L'X-Y<9P4+%'-L/.$LQT7&U8BPI7PFDLFA-BIF$@9$4E@M%!+ M,NBR'",H*WA6ED#Q,?=UOOQB GX6Y.LBW.#@EA-ND_C^8W)/+[?PT.C"\T.> MU(QS!TN7.B$.RR,&,YK(^58' XYC!BV=HR_$!1J* VPYZ/+4(BX"@B%IV$"0TL2O:3F^@P MPHG\."&/I*P+[*J;B*DVF!J9V"T'D6] R4. M'S]2< 36C8MKJBRX..*9HJJ^DC(C1=OW*TNU_L%3K4\"JT.2;&\P,G8KB%KF MW^.D)OOV$^;.(&Y+E%I;3_"OYR,QH^';DXC%<1=)7FJ9D_OR3OH39T8\R79+ M QYK$4>6/GRXZDDO$PNG*6_A^?0O]>TK-$^8G81>6"Z=D9+DTS.)O2=Y<==) M4P"5+T8P(MB"!!KN1>1C1B[I;44.,8I?4BE+T)7,9X[,G$1.F&28T^!])>^L M)VE>G/KC2-B2>HI?[(,A..>9;\QSH+5["4&G$_$S 5?:4T ML2!EY7$- F5_Z8]\+[J;P==&;\1_82M 7-40B975#CD+Z%)7,:V"BR"!=,.X MO\+\[!LK4H"VF"6I69C#/ X(IHYL8Q9M#C/H$/-T"2F)I)J):&(Z%2%G0HDX M\Y6:> K"L[2J+ALQX"_9<@&+RMA/@\3_O$I3WDFS+(YBE43R:#!(JX]BO[HJ M#NA=B30<]M3^"U!R\BU=-(Y1ZS&%66U^8<=)FA\,V3!8[C_QVJOK2TNNKR\' M\70FFP^FA1"(9S;CL=H8E^U5ZM&;\&#B!W68+D' V^\N#1!@7%+%5<)XD16% M#Q>+,=+%C&N4)$16\L&.1WA*_(?8O[,FP8Q$=V"QI!&S0/V>=.GQA%] ,^T' MT*@9+^['\31?=.=%1RR>9JM F*M.HLTX=Q>W$:S(Z;\]ID")V?-$T?D2 MC!7PA08.+$VG(JN,GE D\8Y !M-6!)1/C(2<-:"7<5D#QGW1RO)LI7\88RG MS?Q1$";*M$9?L):67*ZFQ._/6>B$'<??Q,)D:,#R7+PH MP@TW:A#/D;(\8%PWP=3:WWO&I^8:E/:POW"@$2=$AU^=:IIN' MFF3FB/4N?<_[%MS;CD.SP=Z-"T@J\71I+;Z+[1.+\58]P5J0]T?DF 09F50J M) W!JXP-&(P]\!6:A%^KD49?UG&*E40;S%6[E' 3F2%=EMX[GF];I"?]GFHQ MSMF"C3HHL]K3K#O%'#O$/2LF8RWFDOM]/2:%+XP[CTO[R$*&>+S&S0CS@2!W$QA%)MK09*//U+&7M(?EK:"3H<-[@<9P42'6PZ2^-ED$ M9LOO?#U64W2-UWN!)O'E'INOQJ^L." 4P!QO!0^L)8BC0E8VZ=+S&7&F"9K$ M! L9V&F5;Y"0021M-#IG02!;_[^+O(BM@)G420>4[0@BEQA4EJFT0Y0([E8? M6.S+US\8=%AP^L2H9_BR7&^"9F*VL.PJ&Z);?%3)#[O&],3Q2^ZBU-L\1+B]+9]UIY$9^C\US7 UV;D[O+^I!XRB-=HAS-/7^UHB-QV2^_ MA#TP\C-7^LR-BXV#NW'-'L[!&0V)G&?GW,O,(%]>9ELU?"D[I-45=:Y'AO(: MA#T.@V%>O4C"050C^#=/52-(O)!D8L=KW6@B-",V)"^9,66I]A^&R=3M%1_O MAN%D%W*)]1?!U4I)3;P.B[_CXD9"IG MYX?<<,2X$[ (2J-(%$#717WZ(ND(A;W"ZXIX;$=IDH?\X!^/>5,O)ZQ[EA W-=!Z:U MY>P0T8QH1C33MI-GTEK_@L9/6#S1S+$U4RI\8(7[%ZP$L6Y5ZB1 O]%0^N % M IQ-X+!S!S"+ R@)0RR::=!F"7W<@$R\Q"Z@$= 4@.9#NJ!6.SXG:\3+\.?3 M0[RX):1W SK+Q1,!SP9X/B_71@4^ I\VXW."SN%4[B\0XVP)@6*<[1]G@W:P MC&?8M,6Y32Y4R&A+"!3C%.-LRS@[8ENW;R7KA(4M,W2VJ;'"49:AY<71H_W# M2#9&N6]*.0;K4@JML2H/^FJ&NE4Z!80YK@S:!%[ZZ:4F*VK1"\;J4O]7;6+J M0;C!MGJVGAL=<>J9[8?2?T=XHLQI>'1#Z2E*2X3H^#TZV\#4IE&V&2RU+^M] M$?[D1.NEWGY?<#18=R *ZHK?S6Z3+>)R6RP>7?2I1>&,=QLF=W!>.L3\)B%) M[%S*PIN+2L$M]X=YDQ)YA]EA.%155M6\;O,$\$AWA&O%,P("GCWAZ8CWV3W# M;ETMZ\FO/E2>3M$PB3)L$X];#2$\.)25L0"LC,QA&K52F1.3M>(\ +T?MI\' MW7.CAXFKQ'.G^EQ'-(378STYP%[49(EQBG&*<;9WG!VQKZ(FJQ61[/&OX/Z@ M*K)JJ&T:9ZOA&BMR7U-$45:=94#]_J E^G^BV805;JBJT7IN=,2KBZ*LPPO1 M\;OTH6QH6IM&V6:P6%&6"'_R%@J)FJS&H&[+'*C[7E>49+7"HQ:%LT5%)8:L M:7E-7]YA=A@.59&'(U&B)DJR1$F6*,D2X?$S)5F:/%;$#*- 298A&_TJ:^FM?L>J>5K\K<1;6)<\=[IU1%TAN/.8W? /#R5\7 M: %;]ZD%,WFU<:/YN_I/@$.J[(R$!P^ M:@Z#$@^++L5UY KK,L!5<@RA1?']2N^!WR"-*,.A;..VE@^MY#)\7M &*D%HXPN@!5FQ'?7%]XS!LS M!3?:!&.;N=& -:K8I15>H2D#SX5I>A&F5WUJ4ON>U3T5@VL#N<<0#/6+[BXI M@\.18UET[B.@;,BY"*"WZW^]0MMEG_'9IPMB6Q+]OJ!N0(/R0%66ZMVOZJ"A M;FI:ERFZU;U._ 5O*TW(",X>*6=K=^."[ZWDNUHX:UT-_C6'&UK/J#/@V+V% M=.NV4NDB"&A8-CS),;:RLJCU-.A#LKP(IM_M6:3>G]9:=">^#K1-W!2RTE)9 MV>NJ.2$KIRDK1>Y7$K)RXK*RSW4I5;&SXBBN"VM"#:<2Q>"[UTPWJ>[*X!NT M.64,\P6Q%?6:#_G XDHW1,=X>=M1<.]4*%<'.=O!! ML//P-K4C?OUB[@$I_["CD2SP[)+I!853NET0Z9J.JS:J/ B]#"FOCMH@";O> MIF8$-]K4C+!LG?&VG\(9]:$M,K$=.[1SEW8UFZVH9W51R;OUJ>K!MAB4W*?0 MGA FK?(#1X#GV,A;:=_YRG6Z*Z/Q'F=2U]GMF])GXE?8(:P M-\FBG'A7?"[WU:(WTHEB\:YP=R /QX*[Q\I=0Q[H14];$]SM"G?5@3PRBAZF M(_9ZA)MS*CGV>GQ8)BTEXEI2'*Z4Y( HO&U)X:W8_"%D16S^$+(B-G\(61&; M/]1#WE,GKL([J@N46GT5WC4UZ7Q"?4E7V75XVP_EJ7C6TY)$N+@.3UR'U^C MQ75XW;;F[;R 2UR'5Q0Q<1U>(3\EKL,3U^%5XV,$92="6<5RGER'-ZSQEJ$] MKJD1=][5EPZ2%:TU5]Z)Z[)J8'#1X@O!W0YQ5VOR'C3!W>:-\Z#H!K$3N>A. M7&NT%W2CHMZ@"TBU&?!6;;3J4C."&VUJIJ/&J&*'UNA6A6JOC1>%L95*[GB/ M>\1%W7-7V(NU=X6S(H*]G6&O(@\'@KU'RUY4W\*7?XMM"^'FF#C'MH4+<47% M$56(CA6YKY6].%)4$Y^$K+!="F)'BY"5G&'7J.S-44)63D-65$,V#;_?@&[0Y90PS/USS0^'#-1OD9I-NLT&7.(!(^WA7 M;X^4:46G1H)A!V987]P#TS&.@5T<;]]1>5K>N>T72+6S#F$PEI5^E0>QMP6M M-H.^N11'\$#PH+7-=-CX=,1_B;/%R\TV%%DUCG?*T4[0A[*AB>"A6W3*P;KRZ.A*-0]5NX.Y)$X.OYHN6O(ABBR M/UKNJD-94XHF;D65[LJ8"E7IBL/%C[ID2I3M"ED19;M"5D39KI 54;:K=OIP M\1O7].948KN]^0[PJ>=+X8Q*[##C]WB8L;1V'JGTTG;A$2\*(+@+7KVIC;CG MQR]./J]]VI@>'CALY^F<,Y]2Z2.\,@ND=ZY%+>G7R*62KLAMF-"W'+TO]O>" MV%4\H^V$Y+?S7%I-4KG$B,!TF]],YF(0TE92F!FUCJ;0>O#S!#[?TGKH1 M#7@$-TG'T-Q2]W&?F2PH._BR?'+.=+_&(S[S)L=OP0811XJUKJ"FG=+AIZK2 M].FGP\*%D4=TO.T>+3;,H,WEP_L6$A\1ZTY .759,4[XW'BAG*U9;:^UI"]_ M$,&BAY7"]5MJSR>1'_ ,;AMF<:=;:R**Q(Z5M=7:.<'WKO!=%P=X'BMKVZC2 M'4DB\DJ_)(/8<-JPB6;JRC0,BE;.=0&L-F->K9)W <8V@/@EMSSW@ ME!9:XM!+:K&0&7@.O(X.J*A2Z\ M'^F:+GQJVLR*LZU(9.[!:/YA7YR2*2\W:5$*7W+1!;#:C/E0 -ZTD(\-<=!' MLYB/:S\"\V@=VR<^-W'O)/I]0=U I.!RG^10^";K+D#59L35(SY-NJ6(0\0F MDFS-8JX5WF9P:&_6ROJ6Y:?//B;@PDQ!KX&WE;1O7 MP 7?Z^=[WQ G7ATK;]NHTQV9BO.Z%O/)$N 11M.UY='$U*/AJ4?A*^2[ %6; M$==E0Q68-XQY_8AWQ$?ARY.EL_+27/#"]Z8VOXWGY(I5R@#Z4JTT75:&E%>" M9SEY5JW7$SQK@F=]K#(-A?EFO)+;HJS, MZ65.7H[TVD^+:M)L">DX]KR:X'L3\P/9&!<](4;8A9.1CS;:A9I#HIJOGOB- MAI+C!0$FX?$T8KSARJ5^,+,7)=$41WBWY AO,*J*7M:HUBR&9K@O-7%(3V])&7 MBD!<2N9>Y+)2$=-SV<2#A-22B&E&\\AAGRTZM4T[9,3$EVL$5/K+L^&]>^J& MD4^#Y1 >2"#] #9HH UD15%>L5V+/T"L-!@,XR]84)P;=WY$=/GZD MX)5-G,AELO\ECE6NX$H7BO14$CW?'Q9V[UV#WZBG,$;$5-UMH+L+Q^&/NPEM)UH48GN*V#887Y?Q&TOB+X* AA(\1>[8%0D-9P-J M'F?1]98&\^-#61T7O="[)2FLSM;K#N1QI476;0&KS9BK?;D_++IFV 6T6@ZZ MH=1^EE/GG-U'V\6M8+[W2)SP$;R[:XG-R[DW+X\*W_;1!;#:C+DF*X5/HN@" M6&W&7)<-<:)KXYB/]*Z==WF@$\(^8#F#1>^IXRUPOL;*&["^(O0C[7W88D+L8Z5MYK1BA46P=LZ$@.*N)OR6'EK:(*/:.F51!5W3,>ZR M7OA2.\'I;G):ZS=0\"XX?7!.JR-Y,&I@1P=6@[2SC7SZM'4]9M(Y3\/_HFA%P";B.#*Z.&.,E\9=T MZOE4,CU_X8%]INE%< BX!5^N;$?:YV#5IHGS]8"4[FB[*UYO&7%?% M=:'-8CZ0A[HH!VP<\[XH7L]S-Z@H:"]3T#ZL?XM$=YNIZP:TPM>E=@&L-F,. M48,F;IUK&G-C5/O&C:/P8%77LY^LR+W41^V_BT;P;/T\W>*5QX)KA^;:<"AX MUC6>Z;(Z:+]][)Q+OQ)+9&T@L%W-"+@$7$<&5^<,5-M M(F?3-98913=9"I8=FF65'FDJ6-9(Q%7ID:C"=^_RW4X[5SO7=EU?-G,H3,YN M:@H'"M^7<626ZA1Y?NKK=B?(\Z%69?6NX'D7>#X8MS]76W%$(XZCJZ&;FF:U M@]HO-&O23 GIJ-9VC8K.H(5TG(YTJ/)H7/L)PT(^.BP?@W'9D^D.)!\U!T2G M=-Y>&085W7+8>D/D/^TWD<+H[3@&7@*OU MS0@C+7(X+<[A:+)BU#[?ZFXS=94>C<2= ,UBWI<53>3.&LY6RB.M]M/:.^?J MQ)T+)21*F,V&794 O%G *ST(JRU(M1GP?NUW6U3LH1K=;[,<4=47+8B=6Y7: M:;5LA;O8\=U6WM:_WUNP]E!J.RB[74'PMK6\U8I6CE2#?\WAQBGMA"K#_HYO MA-5D32F[$_R41*6[F^8T61$;84^"TWU9&Q2MV!6<[B*G=7D\%AMAN]:,J*P0 M< FX6M*,J-O9[EZNR,(.B!J?3/"((M"RA874NJR MH8L"LX:+)0JG,[H 59L1[\O#4967(+0%K#9CKLJ:7GM54.<*&JH@23%&"V?EZGU'AV\%$+5=7>#M0 MRZZ;"]ZVE;>ZK!N"N\?*75562A_^+NHP11WFX6JV^J6W=IR2J'2W9DN5^X4W M_PE.=Y'3(UG5R^X-$)SN JAP006'ZU_!?\N$@(F!/_S@8, ME,7&!?;%VOMUO;KE!38$R:2.$RR("4#]=*:S%3B/H*P5!@8P MNC^=Z6>[FUQ5#Y/B50CE]>/7R*62KL@-9UP//.IK:M+YA/J2KFX?><73A[K" MZQL+0+&G-M-*EX82P0*4HBMQM4MJM6WJ&UMLHK:N]KH%MB6HKLCCD84-AYJ>78XEG6C]G/< MNMM,32=#C.6AWK6%\;K40Q1[E5C?&LGCPDL@74"KU:"/9:8CFAOU74K M)RM5_;%L:.*TYF9!-X:RJ@E'G.S\#&:2'=*Y<+^E:DV/#SS!@R.J.?W=)8[C MF22DZ*C]A>?#QQ:E=D^VG$F7];[>(@X([E8:WY4N"Q"E:J)4[6#%#D-5UD2Q MVFD4M@P&LC'H?FF+DQ29_/@Z"L[O"%F\^6+.J!4Y]-/T"[W#=,4M7>!]@>[= MC3OU_#G!C,7E8_SC5\#V$D*E;S__YW_@@']\VLPUG80W+-F!+P3I&Y@"0=;< MTNE/9^]];XXKPN>*"O^$'O\\.->5LY]S#N&HZF2:GI2(0AA1"'/PP+?]I1BB M8J65%2N#[>4%Y<=S2^\]YQ[7WTR?6G8HO8Q<9N@!+2#T'VJ]*B@5,=7]RLLL M]!IA*!J=)YYR>U%&/5L59=TH>O1K;64OS_&C>(O5RTSS#!H4OO7A!.I[C-[@ MA11ZTK W?B'A!=UWY(Y*KO?_M_=MS8W;RKKOI^K\!];L9)])E>SP3BFS,E4: M>YPX-3/VMIVDUE.*(B&+.Q2I\.(9K5]_&B"I"T7)! E2I(1568DLD<#7%W0W M@$8C0F>UU= 5@-UJYA1J_QVI:,3ZDQTCP?'@GS R79?,185H%OCQ\TR01>I] M9;[TRW1A7QJ,Q"Z)@(N7J7C5@3@\B7/H?7 77=Z+5H8#6><%OUI.G!('AMKX M5;9]#A@^H3 4R#JW[PDX4OCJ1#.(%GP/"4MD!AWR3.?G/=2!;O!=_].5KD:= M7]C)T."/&$;*?,$:^Z]_F)'.U0V@<95_[:18@)'R& M5V:A@#P;V2W/]XY,_Z/SK1SU'5N;*&!;ES:6*R:)-+L'OY=5'SK-JJYJ7F=3 M&CJQ-MU]-AUG(D?-IJ,.3C;:=$KL:"U?J*DI[)\(3S"0+9B "6_<6_Y\[GM" MB./ATAOXI=,16U^R[@6RLN^P;;LG&KH&#\V'D>EA>R+8<8#_$\V0L(!'_=*! M>B\4HKO(N*J64M6+U( *<0BV=>H'P@2O+7 EY4I*F2&LZ@VFQJX)0>E2&+:F M6S$ 9;S77"$VL=ULS]%@U&JV9_];;#D==S08ZK1EU_O$SN\KOUFA9&'-D:+2 MWJ!4G\ACO-FZ"1IJ33"VQ6BJ\\E)70'8K69.AUW\N9[-H:XVUY\$)PQCLC,: M>S:BS67C0Z0[S9P.N_AS/;,H:_#$J."5&&0+"W-)2EHN7-/KU$&UTQDIG%W< ML'3!L!SI -_7F6/-!&QQ%GZ$+ULQ77\<#QDWU^YPH3UU2,?.%L/XKL1DIQ,T9TV,6?:VG>7N+\&9N9.ZMDF/,];RB) U&AW;OF M1TO[*.H1@_I'IR7IODL4#UXVAX79B([-W)VIB J:;'W0,2GBSM<%3C,HY>SB M,?P9QO!?4"0X'H3L;8?J=4#WO(R,-#"DNALZIQ4 =J"K9O:&#-J$^Q.2\PE& MD>^=Q?I,2D@?:B,F8XW'^:0:NG%T\SN]"G-]4;$Q*L@E[%^1_HK2- M?)ATIYG381=_[C16#]8T?:"IUL"7$.K"%R]K%Y;J\%3W"" M*EXJ=;-3^0I"LP*J7:.^Y06$HSG]ZTI)A=SM<[?/W3YW^V?F5;C;[[B CN'V MF[C6@>J2AOQ=#Q__B9UH^1E%,]^^]5Y0&&W?#<$O=2A?B5!Y[:YRBM'26-FT M$7V)+OI.^L"(*L7*.H&;?8O[+S,_-TY4J S8"=QMZD1]W_LT:[-J*N/9=S=V M5'@SO!G>3/O-U#%[5_Y\87K+_]=X-2UN\7@S'6^F5OC@1Z8KC,,019TJ3-<9 M!N$D_T]^R)E3>(4?J7'H3^&AB!MBWDR+-HN/QP+.P$B,J.>#G#5GSAKLWH1V M^'.V1KR.?.Z^>B@(9\Z":V\!=]8[+9P]!>RY-X.(JP_G3P_XK7EC8.J0;QJ5$6X6B*3%\?_+<_FXXT(:T!95Z M;5UJ<6LD#715VD"WC9.SL,0IHB+FK3Z]E2N4 VUJ^/_0):$>11K20*.^%;A] M:?3$J7\(?/_O\,5Q723\3VP&P?(\/+HF7E+7C^4>O7+\--"8OA)N'>^$!F6Y$Y7([K!Y]]*FT[.S0K7C: M0"U=CK8LF3UFAR0-I-)EF,^ 'PGLH2S)]"L"G#T5V=,3[W-XAMVY7-:SWWU@ MOIPBXT44VM(SY\M">- 8B"/.L#HZAY=1F>HMS/1DA23[6-;+0?(("09%(3I;.<[(XG9Q.3F=WZ>R)?>4Y69V(9$]_!_<[ M21Q(FM0E.CO-KI$X4&61)V4UF0:DJK05/OEJ0G/2D"2M\]+HB5?G25G'5Z+3 M=^G&0)-I:UB?K3E9:='4HJT0:R M7-;TE26SQ^R0Q($QY"EJ/"6+IV3QE"P>'K^2DB4/1B*?85"D9&D#366YYG3: M#-NWB*IU?P)QZC*0^GFNAMUE5Z_=4I6_U2J[!PO9N.8^\D(SC,);[QXH]^T_$98OLL<0#IC/Z.,W%%A. MB.X#QT)E+\@28L])'OK]\?J>=!Z^$6QD.7/3#7]^<_OEYLU[Q;C4M(T[OMHC M@SD'L];;9Z*L7:I#ADRDHB3CX\W#_:])UY,#7:<]3_;T?!='861Z>-L^U^<# MFIL.OO7M"A@7F%84F^X3"N;*9(N5X_!N6LB^?R,SV.6<=FG\Z\>C(>\DZ_0+ M2;Y0I%=9IU]*G6+=(86O8S3(C]=FA&Y,)_C#=&,D51J\FPR\4-Z\-S11%#S8R ]#4VP$ Y9CNK3?U@SF!<&6&LP/.[2\K#B-__A=)%ISB9,';WWS'B_Z MAN, ?2:YV:^-H)07M3"V1>A&_@0UH<,.DYEJ;2EYRJ(HB8:NO*;B(ZT_!->0 MJZSWB,PKZ"'9AJ0E4U4[3&9^E%8G4Y8Z3&9.FINTA:6(4_0NC\F<%*G)DT1= M[@!Y'T,K\+\V[SF'-1W*&F>[)->PM;T@E[TOE8R:5NE8M)^9J&OXG5Z0R\[- M]H+KP^'H]&)>SIS,2&(7($@PNSD5KK"+(\@@.Q&NU XW8.#4 MC3@ZPXS::P' C+H+D*\SXW"6R>'6/SGFQ'&=R,GMLS"/3'1%'6[M-M1$VS[Q M=9Q)SRAG'V2,1*W?/*@A?;7OI->:8?>';'8!@6KT6^+4CHXXN5Y17->UZ\I( M;X+DRG'")]][CE POT:3AA<98 :@UMSBV 3;-N5'6@YNE63V#MP8:D.C1T+O MQA[ 44D^SL+X48?V&9!*LZ;O^SX_D!O'4+Q (5#;MK=6B, M:DHW%@G&GIVTT&S$D$9,[!8W5KB/ MR(]Z>\$JTR7\H_"C@45]23\]OM34$^7D^%$G6T"2^L\/IGD"0[7W_*B?(6"( M(Z8;)%U0BPILT#2V.X-[V? % 0J/5+,8!\@LHD:^$)6RSF&#KK%5=- R-[/, M=9]'EYXD#)_\L07P U3,AL)SH K6Q?3,(WP>52"A<,5$WPX%RT+/5"W$(_Y3SRJIF2)HNO1;)BJ*X<1QX!T9> %>^%T9!;"5+7:;W MQ?>L. B@YW8 D^- 6_S>CRB/?9T0LQ;#?> O4! MQ]&5?W"J=!B6(JE&;CKX M>F]L\.U6;2C")^KY63L]OAW-_F1Z=L%( WY)8CK21':1M2+F;$4AGB9 _Q&[ MENFQQTC&'#9S=U/\=?J$72#E%)U*R\9BFRL/A^F W^V\/K8]W*H.)>/E)\=# M=],K^,6I/E)U);=PL=DJ;8^EQIZNZ]5ZO#$M[*V7J]/Q=]/QW(^]:*-L2HF@ MZT_DNN&-&3S[I9:U#$79B[8,HA8HNG&",'I"GH?"$)5;NI5EID1=HRD"'V-C M,WDH2>857JO*=NRPU2QUG^6TT1A2]+EC+&G(&XU4:3MV+S+0^[HH14VY+C[$ M3G(?%$2]M_-%X+\DQ;!^"?RPNO1D<:@8VR/[8$>U497BB#32U-S" A6JS7#J MUH. X!G,=DU.Z:.!?[Z?7$@E<&B"$KVTL8!:U7!%"*;GD$T^:* /!/5_MG M-J48H.J&4M3]1MO5>B]%O:K).F7O8\O"CB^$J)7,P'$L9@4Q,&R]F.%L)SM M4G,^M@I"HOGP\S5:^*$3K1ZO'MJ(!4.KH(,Z0,JQ1\P=EBB+I%R2]VLS&T-6 M/>,D0/TZ^?$ O MR&-5FE+6$R(!0>=09 M0@](E%QF]8B>2?Q5:AAVR7$Z4EN1KHU#NLE8IVP@]7P,XL/N1(@%Z.O80%G4C$[3QM(& M*IU60H8QHM2IJ'\?H?1&D,5 W%E4^?@-[[=4N6.E>*UVM&?Q)NN'%1 &2;Z2 MF"O@P@8L=91IR(;1# [*14-%&2KM &$@/5EJ0GC4[E%3#+4=' QXILM[%H59 M*SR+T9FK%O@JUD<4O#@66H< NREU5>W:2,TGG!1U51T0MIV'_0(Z+>Q0X#V(ZM\*$JED$2L&*/E\UWQQH7 ZNL:%(;X*EU?+3/"[.&19DN ML'?ONVE<+&3=BJCIDQY$<<\6*"I$5PX!'2)9R MLH?/Q)INP"GNI3H6:B/4+!9*G[LE*=9PJ B8UO>,V/1,;Z&-G.?8W_,#C=0@BCI8M^?C,W@V?'^TD0%]&;_WZ.WN$? M?UR03_\E*>F_-E^80B\_"9*TB(0G9P[F]0OZ*CSX<],;)%\,!(@;G>D[8=6T M(%[*\#C\]YV $5Z8KO,,/_PO6%QGNESU.\$?WJH_""G5 B%;V*3[<@7H1_+T MTPP)."?:]):"$PJFL""O1#Y\).\Y9.EQ%2R/GP-$IC?"UYECS008:+&+NP*+ M/Q?\.!!^,[W8#):"(@X$X)HFA O'N_"G4\&? J HP(440P$>32!F?7YU7%? YY@< M&V$";Q[N!0L!!,>#%I)&"9)H9L+38$.$$%]&;,-+CA_@5W#KCRDY \'Q+#",*%JXIN!35[ #0 K%\C"CQ$4%I$* MSGLV@4@;FL%'WD#ZR1_1#(MKQ0*@'BA&PA*9@8"FTZ0A80S074$BDC NCZ:; MYGSQ[K\D73S:Z,#I"7.@=!8* MB31_BT%V,&((!"PK\B:VQ(.DC:%AK!LT1NI6@Z'SK;@Y(=?46L7:*"_ M\#AH*FXF)9E@,"<^J ]H+V@?.9 "[UK^LX>+A)!^+3^ \0M,W-!NB/^LOR_( MY=V"M7'0 AXA<1O1^A"M>1M@K2?\QNH=$N-#QD_6.,&2OAV>L_[ZX *Q77,\ ME.K;6B-#88*BKP@E=A2;-2SQ3$.!K6 ?4_.82OJ@.1V [1.>$=G]20,?- M.7:F'&2HP6MQB/N?(-=!+YA6L,6XK4UR4^--M!,4R Q]#Q^6$LP%F/=OSGSM M5%+3:I%EOR#UBLGKB5"'LF2\@S&;S#0(+V/@&8 .8^+>R"L7J5?<<*2"97H> ML'>",'EA/$\:AC\M,P@<^,N'AE(8I@=@YYL]7KC(>P:!P&#!=CS<<%S$\WCH MV8\< A>\&-"V\F)8GA%V929 G(2.[6!O"X0"3<4CI%A3]PN3;#4.4RL[Q^=*]\H:<;G#I2P19V=Y MBM+CZ=BX?3PJUVZ%;DL>J):+BPKLZ??)_(:R@Y%,SY-N'G!YI0\6F$HQ9SC< MUA-:8!DOX;V-TVX,F"6+:N[,ZFM=L8!63J%T52L^]ED6&H1$V)^@:Y3\]]8C M2PCK%_:=1ZRZ;G QTG(+*>4!L 9/OP:D,L.^4_$H*RIU[YI$TW$]-)*QPX3M M0RE7UZI\_VR1TZ^ZD#(=3)!_01&^BO@^F1+;'Y:_0_QVFUX'"+YGC&<*#%5] MI_!)>0!LH5,S7=,51L#W1%2/R'7AO5^2J!N?^KE+RA;]\;X-^.P M/YUHMMDBF[&1RQ9J%O+Q&42]XJH,A^?&(+KA8N06AD^=0=0+V$JN^'F[#-JL M8\.B&HNB#;>=:7$'U6&4*Z6BRU(5&!_- .<^A_,3+M=>.&T>HJ-CCZZ;T MGK2P6Z]0O%3DC2*\Q3W6 /:J"=L/3!PV#.RPZ=@/3-:;!/;JD-T/3#)* R.9 MU'CSVI\^H#FRG=U$;JJZ.Z/-LKL[[>X4X?1)8G]]MG(?H(7IV-F<+35OV39N036SRI&HH0Q?F;F4P=(<1=0>]X+4,&%.45)= M=5WS-YM:E*BV27OYP^,_-]&.0BFYA:E]>.K@9CH"V@"L$\#4MP7L 9PK\%(6 M,+%V'_!.SV9%K7$ 84B2_OIAN7XDG:*.OYJ!?;<@,8?ICD[##>KPQ,*XI-%\^YE7+<^3C385I%WCQ$=TDP_ #FOH! MNLJR4VB/1Z3"9G/:6I&+2A8RT M#WS3L63&N(2+DMU&T U*F&J?(1[1IC=7H.4B*S-1@:[5PGZ%BQ)?O6^#P1$Y M-A^K/@(0,&4J/41Z)E0S6%Q0EQ1+P M 20\4RN\[=D,(IAHAC-G,8ZBP)G$Y-[U)Q]^8)6>?[$JG,H2VA')9>"&@">Y M_,83X4D-4WR1R^,Z%8Y4-Z$]9<;&->KE]I4O)#5W26?/R>6R+V)&#=/07\MP M@"%U_(>DJGKS/"')!SB#D%1W@2>S$M3T@4'VYF[2X@8->_O;/74Z 7+Q0C+^ M^7!_Q4G 9@+TX(0*;G"O43@N'V9/$X<*%M_+:E)[ M1 #$MO]U\Y+-NOCVU0\CY>" .4YDNJ0@"8N84\]5_=O761U0]!?$Y"XN;0@4 M7;*Y.FR>4_372"C50($*6LB+DNH?#T[X]ST*\!?F,Y(HQT>R)_?D+Z[(WRC8 M,0EIVT6'2K2-4R6',#6(/[<]6H602TFJ1L8#P@6SD)T=J/G=L_$Y-^QNUE]B M$G:GLJC&7<2RGBM!40]'\U25K(.@YX_PLJ1JNSS)$B(&7'(';/T]_( O$]XI M]$>573O,W2Q:JKM#APOI/=Z;]]JE_CVNYV-B%*&J +9HHM0OV/O MA.PT8%RDU0?NIA], M[^\[\.9V8$Y9G=,:[I1Y+-$U.\#TQ[#T$0/ !X!1#:3<.*K;:;E\[]RL_'"G MNZ?4'A"V2[@>'"ZPP+Z"[^'^6."C5QI),EXKI'(89M&\;;6IMKK)N/V:IV0^ M)EC(=4,\D?&>?WX#O,!_+TS;SO[>KIR'2^$]F3-_;@Z$7Y'[@B+'@H^/IA=> MI)7SOCIV-(-'1?'[=\+$#VP47%B^ZYJ+$/TD9)_>K/%@*$'6SPM.F+),-RNS M-_$CB''63V/.DC?L[ W77/IQ=/$<./;%W+>A#Q><:5%EP,@^T$Q*\T72(>!? M1.^$NFT#M7[2=*]L71X M9H1?D>J6O:.YL)MNFH1F+;G224.>EN<.A=N!\.G3%:5^G2/'_BJP^\/VX\Z W/H2 MEM2!(HZZ(F&92YB]A*6!J',)G[2$81 ;4HLB;C&VKL,8O$W0[AH0FP"R$2V1 M!_)(:WE%[/29JG..LN6HJG*.LA[XBM[XP.^11Q!FR"77O>'T#O]K+]7M"&HD M44<8?6!5ESF^NBI-WD2XC95+@TNCX\WTU1HQ=FG4.S1UV#.VK-6%IKJ6!L9.R-IH*NTBSG- M2I/K2D=U!2;4,+LAARX.(]O4WOBU\>X0)OS'U(:R0;/+EBX0N4)JG0CJO1V MJ-'N(38ER!].VB!QN]ZE9K@TNM0,MVR]\;9WT0P%T)8YP?7'G=*I7>VN5C2S MNRB6/?K$FM@.,T7E/.FV'S@!?HZTLIGVO9_,I(7UA94*2>^.4'VPMSX?SXMI M]VG[P*PN\]P8:"+M29@^,*O+/-<&JM'/P^W]Y;DL#32M;XMNK9[ZR)S7A? T M<#51IV2 )3ZL?5==?((I6$6O[Z.EF/\^CHJ/\6O MK^/7U['Q,1S9F2!CK.?9]75&@[<"5;A6AM]1U]SRS4"4.W-%';_>J@$!TR9+ M<.GV2+IRF_>6<>FV;YQUV@-=9W(Q';^&J!+KAK3>H ^&B/&#JW5HP5LKWGGB:Q,-7=4X=YOGJ?<%_'B7#GJ51$NWMZ(5QP8.A?O MR8H7#U_JR[KY,8.H."8N<:X-9/ETUT*ZR7-9'HS$QHT+8T?%BX%OM7U^R6#J M8&CP1-U3E:X^&/)2[RJ50PO_KQSB\>#;-Q4^X.N-'__K0N1IR5 M$[WU+'^.UBT(%OP([SZ@Z<]O;@)_+HN2<2%*\$_D)Y_U"T5\\[XD"=LT\Z+D MC<_H5G7]C&X6SIP%" F?X959*'ST;&0+O\4>$A1QT(6Y=L>Y]^A\H^0=X\EF M+S2_FR5CL?'LE(IWEDW'69;I'9NX-M74IA9M8ZT5-WAY@C\\H!?DQ2C\B2"? MK&AH;Q?ZM,L9G/%G'=I?,3;QG 7U;("_D2W"EBRQ07S+=!U9UF>/2"1=Z[BC'(6+C MBVSM\ERF/F9P;&_6R?R6]:?[ "_ 14LA,K_QLE-'W2>5U;J5&/@>>%=EV\4] M<"[WYN6N:KP8U:G*MHMCNB=3\22OQ=K9 CS!:+JQ=30^]6AYZD%]NWL?6-5E MCBL#3>(\;YGGS7.\)SX*OSQ9.RM_M1:\"/RIDUR4QOQ@H(UH*\1PNW V^M%%N]!P2-3PK1!? M4"2X?ACB1?AHALCE4QX*PIFSJ,E-7EV[(]6UP:B*2EVCVK :UC6KW5*V5KKJ MRF(/UQ1NEJJIVD"4ZJ9&<&4[#[-$OS;6&4TIB _K7R]1\E*([ Z)[#:*C__$ M3K3\C**9;Z_OHWB,Y]"7\Q]DKVZFN/6F?C G&1E9(;1R]TO\9<4A\/NO-;;; MWWS'B_Z ?N( ?4;S"0K>"+'G)"W]_GC]1K"1YPE0Y7[(WNU+[+?/)X[]NSQQN'<]L:U--*& M6[(]@*HF MS\M>_;2F[QX%^**&'>(NE3QIK1!P#-:9WQBS3M7;95U"0*.L>W#"OV\"A+*= MTV9T3A25ACAW '_[?&.N<*(JM\FW;7TC$Q#2XN3U3B.AN>A4@VX&'+.*!-RWC-0JMP%E4F$S]B>_3O# S\-?]]+E^KW&_#*]]P> MZ!LG"",86AX*0X36P$?- ?_=B[$Y,O'5H]$2S-+<22Y212CUCN8S[0+5#N]+ M12J;H7]EI,G996QQ"2$6C']9UO7MX?\* M@CSBU,-_0=&?,->O/$#["I=Q_0.3C"KH98D,?G?&G<9''GL"47C M%]-Q\>(S/'OMO#@V\NQK!SR",XGQ:/S3B69^'(VG4W#;P <0J1.9[MB&+DQK MF?:T>^$P"T(-(IU-.IECWH[-(M_Z^XX8H7O7]$K&'OM&B9R%3[E6F4TTR+_^ M ,*)#[@;97R5S[?SN>@WV!W!3\09/%[\A_M>P:SAUU0K *_B3ICDXV4GN]JX8V=NH%C1>L?]201U=SUB: 9J!0)T7E#P/5A2F"N8W>CTJF@9( MVC8W#G18$UO!&NLK]M50VX.67WY_18FT45O8"M;67]N2DI2JV%++$(+G>D"+ M.+!F8"\@W( R?>(IV"B=3G!OMXK&YS48E:5BCC7"Q.';'*XSR@G[CC\[-O. MU+&2.@.W'K@!Q[?_1-AM(7O\@@((4C]^ ^?@A 6;!66%LV_C0!$O96ESC:55 M4N@X6:IW9"-[3]>_0$O1-;BYXDE[53V7E&3Z?BPBMIA897MV;%DXH@U+^=U2 M.V8RGIP9NO+:4M":;VQP'X<5'P+?_SM\<5P7T6X>ZB?"@2OH[P&9;K2LD%K0 M>_(W:0[+$*UV3^[W 5J8COTQK2?;C@60TKP:5JB/P(4:@[__M!]GV!^?<.H! M+ZEJMX2=Y:6 Z<#;#/C2FY;&_%"KJ?=%T(_%CQJC_V18<"3?WR$64)N#1L= M-I'=NA>Z_7SI[5EU$9BJ@!O/;V8)MJ&LR6&3W&TV@[@,V"ICX@N*DG6O3_CD M:&N*?@&MC6IGAV^!;X4;S8RB"T6J?TRB?68T,THO)%&I?W#@**K1@ FXD.6& M5:/RXAO>$]US,*'#]Z @CA M N(;TDXI;ZB)1^?G+Z;C89V\\QY-%]U-T_L+'%1ZQ[2L_]S?4SU,U%MW8-ZV M'5^#R.BV=%I#1KUO5PG3QI84/&0A9(>X?_ALQU8$%GDZKWG;!J>OM( M\_^""76FR^T"L6\E^0=A39I :+LD1Y*3"K&WGN#'@1 @G'E"4,T!R$Q )-U, M^"UVEX(B#01,Z$"XQSNAPJWP]AHSQAC]D)5GL2&(=_T%9KSPM^=_]00S%$BD M<(,C!<'WR&-CS\25U1U3<#SA3S.<01^1#Q1>7UY=#@13@/!@ -(D0,)_8K#0 MPM3W(\ 7XA05>-,5S(49D#A!F,0..5^<=8]L8;*$5OX7QR7"2Q*8"!,4?44H M 8!MN.DMR56@GQ_NA<>/ "-*XQGA8=W+@$#X].E*>)L5]Y'%=_#*ZB_IW0\# MP&5:,X0/=YL3QTU/>0V$.3(]C&N$4 MW%$*H'W+BA=.0E TA1G_M[Y;K/-'G30G-\1ZLNI;X&RFLGO$8PP_/,6#R];'K3;=1!:Z_<) MZ#>C"'P1X4B>"P*86A\/P-B-0@(%9&(*U@R'4OAI;!\#WTWT*^$YJ44=!PL? M+Z9CN6 1()!)D"0(IH*8.YX?P 1 "'$L-O-=&P6":RZR@;"IPA-DF7.B4,E( M", '!/AK#T&LYL#G2V$<"F%LS0;P+1#MK0S8RGYM-OC5@?H%R7WTZ9E)&WK;1/,R?&39:!(54E1Z>,A83NJJ_>W40MX(S=.<'[#'P5XD4Z#'+C9N98,Y#=4B#S.0&\]USX3A97;0*; MOI.U[$^"P4:+-*99-0ICE72V*2D;P3 $NW3 =!717DUQMQ9T_F&%>S)_/:! MF+<(AYW%4]K5/;!C'-LZS&:;TG;J7BU A0L/54[R??RV<)+K>)+$J-*A^;TD M_CNW.,"B_YVS#&1,K5.M27!"G&HQ4&,#J'&A2'^E#?WU"(&0"3W ' ;<7AB5 M6@)11OGS&'OQ[)[T60WT(Z$?*7GPAS$5KX(>";RJY\'OA;.U0;GZ_8H$4^&M MM_HF6QJ0&.%_O]\\IIN09<#L<'V^33=.I-!N MUE1?)Y25[7TS9A3LGB7(EK.!D^/I%%097$V(78!C0[@*:@W#T[?(MV//WMI! MKG[J0=*T[:.DM7 T3E2IHQ2R/!*EYHC"F0L?0UR;;-UL=O?L&*;A\Y@$PIME M72K+9ZB-%"VW<4O=>T,$E)+%4%9&Z:,>FE(L MJH"&^/3T1.$GLK8(=O N6U4L9LMV(+$]62E_+'N4I37MZWTGBO!>G,#WLEVV MD&0U)RL6-O[T@H)E8IX7V[(-K&+HB&Y5(_V4XFB1FO;K_O [JE6>EAYBN\]I<^4$2(@L=:2@A\ M'FW$<)\?[LN UK2TZN:^;K=@$5W#"XFK2W5V-1T08351,R!_Q*YE[D:/8ZOP MM)2J*BF6G;ZV&;0!T9]^,CU;IF10C40+/:MJL@]*!:@IVPA4,;5:+%+@-758 M'NHX0&;R_>K)8FL&3%4V #Y&O_DS;ST#^*\?OTT"U_D)_QO^_/]02P,$% @ ]X0( M2U.] 09( !$ !FD6V%L>25-(#SUU]+\W[)8V,8 M9TT^;+Q2J]7]:SVZ>R3MX8]/$]=ZP%P01H\:[:WMAH6IS1Q"1T>-7_K-3O_D M\K)A_?C#O_YIP7^'_VXVK7."7>? .F5V\Y(.V??6#9K@ ^L3II@CR?CWUF?D M>JJ$G1,7<^N$3:8NEA@J_)X.K'=;[7UD-9L5^'[&U&'\E]O+B.]8RNE!J_7X M^+A%V0-Z9/Q>;-FL&KL^\[B-(UY#/AVWM[_^Z='VWM;3$(0_11+*=[;;>__9 M.=W^J/^X:^\?M/<.=M[_7K$3B:0GHDZVGSYN^_]5:WY-A!TUWO\@IF+OZ9;\ M.O;H1^_ZMXLST47>M8>ZSN/TYG]??[]_>OCB?!ST*=J==28WO9_=#I'G3Q?X MR\?/HN=W>2CL,9X@"^Q-Q5$C >'C[A;CH];.]G:[]>OU55_3-7S"@R>7T/LB M\O;^_GY+UX:D._(J$&2^'W+KTR1 MDD+2#SXI"4D=G*$3V-X:L8<65 !]^UUSN]W<;8?DGFB.$)I&389(##3KH$(U MV"];[ZB&7# EV M&I9$?(2E&O!BBFP\GV$X<1"E#.87K"-!B2J;3@E,("CXQZ$::0<*V3N0WU(_ M8/$H9:_J6S !/25KASIG5!(Y4[.13W0G#8LX1PTCA>H6A- =.WA(*-'2!7.^ M;36ML'GR)Z*.Y?.R$LP.6UDV">:>P$Z7_J!_3SD6P$8WNH*"H&% 4M+(1J[M MN8NUB44I;!(4A( O:X)CY*KIWA]C+(6/>;K(#/(.(*M671R@?,*H8"YQH,2Q M D:6S^D-80"AASBH-L:2@, %<*?KS=CO5L?>^B[%^+^;:HL(+M$=7H+#-<&^ M#0K*S=B_,V$?<[/8T/+YO2'>'9X@,3YWV:/(@QY7F7%_7QUWQ=+2/*WO?J'( M6^RJ]1=<##F[XX@*9*LNHY%>4FN& M>S\_P#4?2S.RDIPV%?QXJ7E61F:6Z;:@-PFY5G !I=$30@+G2( _"+J\RH[V91 MCYE8;LQE@]%6OAE'B5TQ4V;&]UT!OHG6FXKK.2)<9^NO,5+ )'R[XBHSRN^S M*"LF_N< *\EF4^&^I ]82 7!)?V)$2H_PT\ )8"\O-H,>RZ:'3V '\$^V2FT(QS+F*,FUNZ_:9BFXT#[]# Q24Q8E!G1GI^ MI&A]YS/:V'14*DY) EY4848[%RBFPYB-ASH;N231+JDS KZ3BQOSL41FD^1B4)-#L_$&R>ZPS6S!*9:(N"7[ M<2FUV42Y@#6_0R?*1+1K!]PWUEBIW3EEF,(:LQ%R46W$PW+TQKWI:&=WYQ3@ M995FS',Q;FKO%O[>O>FX][W)!/%9=ZCWTHXMR0.1LQ3Z9A*S#7(!;\!,?4'5 M[*R0WYLI-!Y)-^;L2?U,3X5Y1&9SY.-B;8.4[Q0P?+-'[,J(C&N4LLA\,K-- M2:F&'-UN9PY.,@G?+.; M\;!&L<&JD9HME4L1) YS)+B^6:CL@$>I:4PT9IOD4@9I;F^VF',HI-@DU4C- MELEE#TH.C;R9:($D0L9."]";C;5D6N'-9-GS)R7NPAPBLW%RR8/L^91OVQ[J M#^5IW>*AI2]X'ZA[P$<-0=0M_D90-N9X>-10)FJ&%W3_ -6VGB9N2*)8&RYX M:W-FT0@Z#ED@;N>XY"Z@ Q,&?K;R!5JA\"$#2:1JGKP/9*E^1,-JK4)E%PT6 M51F:8/<%=;U2_%>J)(R^197,#-@74O4D[F6E"L/4653A]&Q[(7U/HTZ2Z@97 MX%OQ'?C@[]E[\H>@../2HKD[]Z;G%_R'(ZZ8K5D9FJB_-<-V3574;.\T=]M; M3\*))5U$B!B&Q80(VRTAA/$1B!(I"MNH'\VX<=7^C2]*F/HO;-C"KA1A23-F MM8PT^=<@EA='\UI"G@H/8509*V"H9GG1''FDRE AM:9-@/*A 2UU6'?XX:DGMJT5%O MLQS 8D28TO839]XT)"- 4E43 M_3%F,+O"4F(NHE)OX)()D44JS6U173>_:N _6'#4L#6GM,H31L'UX[,5J'T& MNQ";8=S'_(&H9Q<0Q\?9#-<-TX$!=CJ/ZA/5'2SH;K+^A EYP^1O6-YBFXTH M^0L[/:W;.>-!D:+;":%[]5[GPN]X?O(@#;2#;3)![FOA_ G!*+C%R%6J',^Z M4U5X =$'C*F%H)O#: $T,J/1P8,7'(R%^;H[_"2/76;?APC,I5K8V/Y#1PV])"K%M#=00A037TOMWRO;HH53X6\VL0 MC.:Z4CW*%F7)VBFX7[??=9W SX7B[ ESFT!=9316982E>O[&S:!T>VT#5.US M7:$_^^J!9WN-Y9@Y<3K5/]*H-N-S0D$, @M>_-B:>IHGVMZ7;[^TB[E^B)P) MF[/'Y^*2XO(-H9-(TQ.JO+PSH9YZNL'R.6@9N7Y#Z*E3*O$K(&SK@%> M'P(A=;)P%NA 1]&*752SKFIT.$;=X15XI1T;C,75VYV^&H4UB_JBROV'S0FM M0-)3/,0"XZXD OUVL M-_L)XY+\%6R[OJZ+-UO7G5TIP(80 0',*16+*M9TO51SA>FY(MDI?L NFR:G M4;ZJQGGT7(>R/(I].2=VP3[7=)0\-W]0[LJ7Y@]6E;I8KNNZ,Q?1(MGC;$CD M,08G Y\P/F50C(/;-B*WI,ZC7GXE?>&]Y): 388<#'$1'*WP7X6-7RP-=:U$ M^;?.]T7K04<(;Q*.XBFV8>BJ\=F^AE$[\2;/GB$+=%1[MOP%E41/KX1FU%'M M:-YXDP'FW>$=IB@QM_+%RZV#A$H\PGP59E>'H/V5/'C_+K!2OKS6;X5SW00Q MQT^X9@X9$O^;;%GF-\Q(]CBQJSLH+]'SXNLK+*[3X!+#&GB"OL[8J2&MO%S7 MZQH"+9,F">XX"G7WD3PHM9Z3="GDMJ9N]#+Z]3B>(N)D7;[5L/J&< IS!J". MRK_IY,*SQE4QOS5%+%HK3L9J'8)U/"I17_ZOF!#1U\F*M$LZ*4)R<,I7H!(L MCNH&ATZ).1WJ=&W;FY(XRV>H7R9',?79K2(MA*9$'TR!J)(,O%1BJ+!J;:,R MC:TZZWX)#AV':1,=="JHJ#$QE,33SUA%YXJ*J]9U.XU3;I'V9#-\DZ"%^GY;=1%"[])\\=WB! %P[(W511>W2ZG<$U#%;W4N(J/ZJ M)/1)PK0.UPM+3IHMHE/.:,W8L'D .7CY!Y1+5K$((C\]TDX+7UI;N]S*T0H^>ZH*W^V"Z,:S\R:H2%N[3OK$?/B(46;O M*JRJ76)PQ :P_SAFA-51C_1 RKESS^-2.P[)23Y_&5B_5: '(@71;T;L@HK: MI3UE7.#9WO9V9K4J**]=UB['(T9/L(K$T](6UM0N[Q?LNN(<\5'&?2@HKUW6 M<\*%O,-4.< XXSJ4U*V9S.K+HTGN5'WMLF>6W]+$0@6ZVG7IRY_8F(I>='LZ MZ6#^ 21IE:J3KXMFA?*OCY3')_ _=6I9S@S^_QRBVK7X1%S.9K<,.<>N,\JD M3(KK:I P M2WY* Y[J?%WL156A1<&O4*?:/TC=,(G%'8L^%L8GSK(*5J%<._6>>["A/R6T M.QR>J#O:7/B]B_C SDMQ7Q8VU9E8AY,_.Y=3/HKW^W4_\G#,^Q-#)ZQ_X M6:KG=?U N:)IW''^]/Q#&*]WJ7JYKK]Q0Y3._YS "S8:.V4CF]B)HZL^)F" M_&7-(I)7.=MRV/+?Q(*?_P=02P,$% @ ]X0(2U/IZ)\+#@ >:@ !4 M !FWIY>7 \ 22$(8Q01] M&I!X\-L__OH7P/]]_-MP""XPBL(CV%\1VZF[CE 9HHVM&%X^3\??_IF3R?N]YQL&?P81_OC^> MO/_[_MGX@_QQ-SD\FKP_VG_['\N+)#!)V>8BX^Q9QLN VA;BK^&Z MV5!\-)SL#P\F>\\L'*R=+SU(XPC=H!D0__,.LKFJ(#6.1)\6_6(^$M^/.$?I M')'DF(3G),')BR",SB5>;H-4^$C1[-- B ]%!QB_.QB+J_YD(YN\+/A@85CT M]0$8O1[H"8R$7V\?$4J8"9FR<3=0KB'E+GA$"0Y@U B74K(UD&*P(<$.F\XN M>2R;(Q.X>HE.0)U"]G@1Q4]&,K5"+9+*,+_ -46,7\JJ_VM$6H-U@P*N.WJY M9"Q%X7$0Q"D?:N3A5J8B&AJ]9ZV@/4^F#!/$V"UZD*P9W5C3OD4?1KP'A7R\ M)2]W%!(& \&5A>OT(WC[R &5" M4]>^Q9 1!]^&(NF%HF)"G 5!PC4/I!:1PRS;&M#36(XKWH.O,+S'$4XP,B+4 M"K4)300!"JVZO;IU:V N(*:R OR,($LILHH16J'6H%V2)6*)T'U)_A5CDO J M.^%7,\(S"K8W'-)[AKZG7/WYDO\PC@!U\\YB_1V\C\SNTDMU$U;MD&E$.@NQ M=LCT4KV$6SN@]AJZ'[=VB"W%.QLTP_('9RB!.&H\C$QZNAE8EF!U,IT-+4ML M!K$6@_=\#NG+=";'R#&O)I=\UFP)TDJXW3B0'[_GS^)76X]:BG<0 5AI#%L" MME;0W\PNN_ 72$4IMC26XJ]6V%E@:VJ!K7SG,\/FKF^FI]-(;(W:2KCKV&R- MUE:^EU*H*?C7Z.IV9MK4@D9*.IJYO@*SA72W,]NFF!LIZ2]_6N-OKJFKN7'C M,6HGKH,;P"A((]G=KOC?!0GTG" 2HG"M1T#>?6^&?RS49!MI$S $:ZG\K[P M "L5H*"C2_3J/9@"W'V.<;.ZSW_GXY7%$0Y%+@69/,@49$C76*,X*."+Q!Y; M3(L<9_#D1MH,LGNYFY:RX0.$BY'@?H2BA*T_D;UA.)YDFVH_91__>8-@=,X$ MS&W?OJ;Q O%D?YRQ1)+']FPC:R(W>F7?&.40]^]6T97JZ7'-, MQ#1$]--@LE8#:5#H&]6=S*S%B(D)C5 SQ+P'K.5G-)XW=F'FKE@!/^])?N4! M>$+XX3&1B!UZ_B3%JP'#!_?E?$'CY2K2_TYCQNHI,8C9<;7O'U=6[O".1!&O M$IK*6O^2<$,?>)HS4:@5LB/PP#\"+5SA'7TZ8[^@5T9U*>ASS,Q95N*P ?D_ M$I7' :^"4CE!/T,+B@);H@\,_>L$FD! M05^>]!]AN+)I\HAH0[HR&1\'7Q/.BK9[1U=A3G\\F^&(AP+$Q(09AQA2C-@Q M8W$@/^45G'(+O,KHCFI]K)7J2&_%@][U"PX9Z2+L^GN'$,\9Y_2)YZ^884U% M5VKF.@<4'5OJ2TJ3_.L;J_TG)G:E\%)LI/.$=)I2FCN&HN@Q6BG785Y+BXW! MWK&T.N=[!Y^WJ'7Q6M'8=136Q8>.N6A8))WCE>UL:F4J/0R,[I[]PX76&.G]IY M,JP"H[%^5;5U7;5:LZ&PT#LRKC!!T]DI1ZN;SA5;N2Y1S02HK/+.]>L)SC5\ M$<7:,1%G#&G*1_'6OJS[\.^^Q"2PG>TUU^BZN#53NJNWO*-_6RQNSZ^M;7DQ M!D8[:=?5LIG6)E[PCL*L!YZ3):8Q$24;C*YBQC9G^X)MI]2.V@9:7-?B5B.U ML5>\HW;=+^_@<\YBFR!LEG0]$;$?E2;KO:7M!BT1235K;Y6&=J1\\("4DFW> M<2"K7WDKC5Q1WT1S0Y6OE+!CY=!UK:^QMD5Z%(>;;Z[_N>GS5P@R=,FC+7G MJ]5RA<>%A$[ $39^?=4GT,4;9T>99W/8R)!R;M/ MIFDBGW;&"^!Z&[1"KA$=QS>B!N,")]X9CK$@5@^X"7>=,:+">U"2C-%KE<][4?EZUSD M'=6YRH37@$W2NUG2=7ZTM:T\?ZQON,,N=B_%91,S:Q_'56??QU'9O"O^=U_W M5ZJ?)5FXV?+ _F9+\'-!WR_=WBBJ>>YDP8 W.@.V2D \ YD:E[E=KGEI[SY8 MMW!:@D@0G[%X2'%T"R,+Q,7&KJ-8V=&5$J/60.^2S70AGA3-QX9<*V*K/KSI MU_)#XS)Q$QVN([.!NN;N$[1.T2@.-^(Y_MJWL"2SD3O^-AT MJ>QI5+KSA-6F;:Z!;]3+HY?YV^OX[Q&2[,YCFN#_U=VK*-0TUN(Z6M<2D%\R M?Z5O_.UMT@[Q$ _[7E<5<1VMC=293?"4I\+&_PT/8>&JMV7 Z]DR"KJ.W;:< M67K .^:VAY#OX+.1+G5KUVLJMASI;/6.F%M$ESA GR&!#[(F,-PT4=?>]7DP M6W+T]GI'CT WG66@M8\J*;9S?9;+E@ZU?=[1L#%GNR)J41KD&WM3SU4M4$_$ M6[GEI8>2V06KE75N<9[X+G&JZQ[*LT=!UD MNJ/.7!9Z%8I6&S"?4?(8AU9/[+$4=SWMZH+@!G[S;JC^#C$1V*=$+,"+%V;) M)Q1I;\;4R;B>LK7/K]E#N]1+W$K@+SK5]SEF8XT9?M^3:N:X8J7FV8 M>1V=OI&TP9HEQQ-$T$QW[VBM@.NZP9*^6E,-Y4#O!QCT[W4L;/V_M=_Z%YJ M5 5^_DI@&G*?AK\X/ H@G@+$,7'VEIC[Y^3E*T,\;5]@ DG /9*]R46;#9OH M<+H>NX O&:-VCR^HEW =+)O35EGQT#O#O^K\.L-[$5,./J7!(V3BMG2;0\4V MLJX#Z,Z4VCO(/W+/GP/$&$\.6580&5Z^1^6D_%*21I%I1[6NIVH[=XE6W.I= MT<3]$2 4RC)0O$Y*G V//WW0XEUG+"12\7XP\_-?-"*NI\SMUA4J=_B7>_+] MUI)!C8CK7OG4NS<$5IQJW>= M)=^]\\'*]OYD6WG73\!H-0Z8'>4=S$X7F>(_\2.Q!)& OXUHEAL2P14G- ^ M0ZO_]3' 7HM#@'D-?26.GASE_EY+*0[5_Q(D\(:$U8[ MD+L- *4.UVL#W;&N<9EW-QDRS,1^)&+B<'#AO'UAA?Z=>-TDKU.B6+RTE/\A M)<6"?%&VRQL)C2_ 5D-_7X:^U@-6BL!6$\BIZM*2\HNPU< _5'R>B8&M7+?^ M5K_U6HWVL.IF*0ZD/"@JZ!)VX;772JR3<1FKE!$K^*"X.]$%OO*+KM40)V6( M:S' LRO(!+N];;?^E=9JR/MER"L5)*,BLFB)[@EC.%!O%^):55\T5/J'6)0V=!)>/ITT=/UM1&$9TIE4RHBR4] M&5(>L,/R!V?B<4U1C465'%D=PKG/V&989TK['-=:.RHI=",*0CFP^P%<'ME: MS)5T6AC:;#6T^\%]*Z;6]&4ZDV,SF]Z^:-%7\FJF0\P=I1:P5M.;$>*J^8"2 MG:?3FE%-MQ)[(2YE>OJRH_#2R4)LTEI2R<8Y/:KHU(\QQLE]!N,+I*+<7:JG M3?N*6:AYLK^Q$6RT]QR,K8P[J.1X11W5MR5UBP1V%E5R?OVB0?^FJ;**P9Y* MXM_6C87TTIL--8G&8$8EVZN*R;Y-T=65=F95DK^IPNS;1.6BA9UME2(AMXB1 M4^;$IMP:A9TQE9JAJ*1_(Y2+'W:V5 J'FL60_HTRU@\&RUY92/07,(K+*'9& M50J(\K)*O1W9[HWX(:(4_^3_4$L#!!0 ( />$"$N&:OVAH1@ .AU 0 5 M 9G)P:"TR,#$W,#8S,%]D968N>&UL[5U=<]LZDGW?JOT/'$]MU9T'Q9;S MG;G9*=NQ[WC*CEVVAR.?!B1Z^+SW[79P='MR?K[G\1A% M 0IIA#_O173O;__]G__AB3^__FDP\,X(#H-/WA?J#\ZC,?VK]Q5-\2?O-QQA MAF+*_NK]CL*Y_(2>D1 S[X1.9R&.L?A%^L6?O#>OAA^1-Q@8Z/T=1P%EWV[. M5WHG<3S[M+__\^?/5Q%=H)^4?>>O?&JF[I;.F8]7NL9L-AD>_/C7/!J^?_4X M%N"_H%A\?G@P?/]?AU\./B1_W0T_?AJ^_W3X]O\,OR1&\9ROON3@\<-!^B<5 M_S4DT?=/\J][Q+$G*(GXIT=./N_E3/OY^A5E#_N'!P?#_?^YO+CU)WB*!B22 MU/AX;RDEM53)#3]^_+B?_'99M%3R\9Z%R^]XO;^$L](L?AO$*X%\X;?[Z2_S M18E"=0XT)Y]X8LD%]5&<5$(M(@\L(?\W6!8;R(\&P\/!Z^&K1Q[L+7E*G,UH MB&_PV),_15U:?:ODGX:R^LLJ--V7O]\7=,ZG.(J/HN TBDG\)+EETP2OL"%1 M.&%X_'E/B@]D73EX]_I ?NN?363CIYEH5YS(9K'G[3<'>HQ"Z=?;"<8QUR&K M+-P.E&O$A LF."8^"FOAJI2T!E*V2RS9X5?C<]'M3;$.'"S1"J@3Q"=G(?VI M)5,I9)%43L077#/,Q5<9U7^%B#58-]@7NL.G<\[G.#CR?3H732UZN$U&+19H MO6>LP)XGYYQ$F/-;_)"PIG4C4-ZB#T-1@P+1WN*G.X8BCGS)E8'KU'+6 %[0 MZ&$08S;]@N]C':K*PM:@G"(6R4^N,;N=B Y*AP8J;['+H/[W@1ST CFYPH(% M2<*UZ$@->@Z]K#6@)S1I5Z(&7Q!T3T(2$ZQ%J!2R"4UV @P95?OJTM; G"'" MDLGB)49\SK!1'Z$4L@;M/%I@'DO=Y]$_*(EB,2&/Q;=IX6D%[36'^3W'/^9" M_>E"_*5M =7%6^OK[]!]J'>76JJ=;M4,F4*DM2[6#)E:JI/NU@RHN8;VVZT9 M8D/QUAK-8/.#+SA&)*S=C'1ZVFE8AF!5,JTU+4-L&C&+G?=TBMC3U3AI(T=B M-KD0JV9#D$;"=ON!?/L]?93_-/6HH7@+/0#?:,.&@(T5=+>RR[[X*V)R*K;0 M3L4;*VRM8ZMK@:E\ZRO#^JZOIZ?5GM@8M9%PVWVS,5I3^4ZF0G7!-]'5[LJT MK@6UE+2T#&CS&. APLD4N%S]^:%1]+-=F6^] ; M>$NI_#_%_-]+57@%'2V"K]Z!+: ]%!!7>WOBWV*TYC0D@9Q)>YF\MU30%=3J M3=D"[M?FN+U?"OK^TJH=BOW; OXW*OQK)1X=>TLU':$N[^X6@+\U!RXU>8DJ M[Y=O$9H'1)1IU_VJW>""&>]DTR3<#ZF*DB;ZW)RZEJT^G0WG$!]X>2QS,Q;RW7JK*RIH$77U M/G,>ZO!@$VHB-;HQQG1?O6!):?Q3]2+=V%%[G[U@4&ED++?>W&=\U:(SI7]9)G>#!X1F^S+JN8_#F"\_2>*@@X-AED[^ MY^SCT6I-)9R(S\4_5R:&Z!Z'R7>/LL)59?<=@)Y4$ /86;E-R.N*=,26X+-P MD&',+8U!??+%?$A4O=,P^;;/>QG12V1C1J=:?V:^HTH+\@X60/8\R@+,/N\- M#]981%W$P>>]F,TK3.Z#IL:SD;!T?"#@YRHL((,?+#<&NYHC,+E>*:L_!4E1X<'#OI5"1:>,CDQ M<[W!HB[(@'1N ]QD56L@/3I\WQ-9QDM$8RM %GOE\$9TKM$<*WA:EG"?BR)2 M<.YJMS.ZFLG[*M()PYC$QUCPCU?]8Y:;7^5>*6TF[+#GZQH!D?*FUT:PLB!- MRKB@7-$>*@H[3) .-$3(VWX)B2>8I5?!A&+Z?11,A2=YG&:+9C5*P9"!]!90 M9FP%N KIE[3V=PJB/,/+4TQ3BB7.V(SAGV23#'%OT.< M>'$JIY__+J3&07,-,RT.\];8&HBOC_U&"!"?B&HG?\BJMT!A$J>-3Q!C3\+" M)#5%$38S?IFJ+;A>N0QB?0J)H[I[]UG(H\3='4N\O#K_H8)X@N^=Y0J MHTP/*"6DK42](,F56>4!=)DLHX1<2DXK9,OP-%NF$]AF9^(+X$M9:ID.F7^= M:/&6:KJRP?"H?,&*L)U_:IU?@E>ETNA[F& M?I)M:C-4A^"R@YQ+R>F.89<3>3JJ!9VF^]R0!6;"TB@^ST]GE%NY2IF>DG]J M-S%:PQ[;W2[ Q3&C]#M?D##$QEPH948]K6^?0X;>(#"\:YN.$_'C!J,P?C*G M0R4S&MKOW-KG0V\1')FPS$AAP:7DH:+D:+B%K0&T _1YXU9@*XD!A:=I>^DE9;RZ69M*II^9N-;K>I("*W+I=1OZN?$69\0F;7HE.2V;0/BCB5L8K^$BI- U8U38$X=9%2;:"J M)+"M='$U.2X$HS8AI]L?Y-\X.",1BGR"PEQZJ&Z[L+G.;:78W#8W)SM?<;Q. MKSL3SED/'FLCY54S6<=S%,>,W,_C9$9.T^NLX/I@0[O[-<.>E>#0W'-67-ZX MVIVZD;C[+-
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end

Document and Entity Information	6 Months Ended
Document and Entity Information	Jun. 30, 2017 shares
Document And Entity Information
Entity Registrant Name	FRP HOLDINGS, INC.
Entity Central Index Key	0000844059
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	No
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding	10,002,167
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2017

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets:
Land	$ 99,417	$ 99,417
Buildings and improvements	208,375	195,443
Projects under construction	6,917	11,779
Total investments in properties	314,709	306,639
Less accumulated depreciation and depletion	85,935	82,392
Net investments in properties	228,774	224,247
Real estate held for investment, at cost	7,176	7,176
Investments in joint ventures	21,557	22,901
Net real estate investments	257,507	254,324
Accounts receivable	789	710
Federal and state income taxes receivable	2,926	0
Unrealized rents	4,370	4,562
Deferred costs	5,436	6,786
Other assets	182	178
Total assets	271,210	266,560
Liabilities:
Lines of credit payable	6,355	6,665
Secured notes payable, current portion	4,673	4,526
Secured notes payable, less current portion	27,234	29,554
Accounts payable and accrued liabilities	3,213	3,747
Environmental remediation liability	2,037	2,037
Bank overdraft	171	254
Federal and state income taxes payable	0	887
Deferred revenue	200	1,126
Deferred income taxes	20,447	16,455
Deferred compensation	1,484	1,475
Deferred lease intangible, net	4	9
Tenant security deposits	906	1,005
Total liabilities	66,724	67,740
Commitments and contingencies (Note 8)
Shareholders' Equity:
Common stock, $.10 par value; 25,000,000 shares authorized, 10,002,167 and 9,914,054 shares issued and outstanding, respectively	1,000	991
Capital in excess of par value	55,211	52,647
Retained earnings	148,261	145,168
Accumulated other comprehensive income, net	14	14
Total shareholders' equity	204,486	198,820
Total liabilities and shareholders' equity	$ 271,210	$ 266,560

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.10	$ 0.10
Common stock, shares authorized	25,000,000	25,000,000
Common stock, shares issued and outstanding	10,002,167	9,914,054

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues:
Rental revenue	$ 6,222	$ 6,082	$ 12,505	$ 12,171
Mining Royalty and rents	1,809	2,033	3,548	3,789
Revenue - reimbursements	1,329	1,128	2,629	2,898
Total revenues	9,360	9,243	18,682	18,858
Cost of operations:
Depreciation, depletion and amortization	2,202	2,066	4,261	3,995
Operating expenses	1,002	974	2,003	2,505
Environmental remediation expense	0	2,000	0	2,000
Property taxes	1,129	1,128	2,191	2,270
Management company indirect	475	425	944	921
Corporate expenses (Note 4 Related Party)	566	684	1,893	1,692
Total cost of operations	5,374	7,277	11,292	13,383
Total operating profit	3,986	1,966	7,390	5,475
Interest income	0	0	0	1
Interest expense	(371)	(392)	(619)	(807)
Equity in loss of joint ventures	(806)	(186)	(1,577)	(272)
Gain (Loss) on investment land sold	0	(109)	0	(109)
Income before income taxes	2,809	1,279	5,194	4,288
Provision for income taxes	1,096	505	2,038	1,694
Net income	1,713	774	3,156	2,594
Comprehensive income	$ 1,713	$ 774	$ 3,156	$ 2,594
Earnings per common share:
Basic	$ 0.17	$ 0.08	$ 0.32	$ 0.26
Diluted	$ 0.17	$ 0.08	$ 0.32	$ 0.26
Number of shares (in thousands) used in computing:
-basic earnings per common share	9,965	9,864	9,948	9,858
-diluted earnings per common share	10,038	9,907	10,019	9,900

Long-term debt (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Debt Disclosure [Abstract]
Revolving credit agreements	$ 6,355	$ 6,665
5.6% to 7.9% mortgage notes due in installments through 2027	31,907	34,080
Total debt	38,262	40,745
Less portion due within one year	4,673	4,526
Long-term debt	$ 33,589	$ 36,219

Summary of Stock Activity (Details) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2017 USD ($) Years $ / shares shares	Dec. 31, 2016 USD ($) Years $ / shares shares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Options outstanding \| shares	161,310	236,385
Options granted \| shares	4,555
Options exercised \| shares	(79,630)
Options outstanding weighted average exercise price \| $ / shares	$ 25.63	$ 25.35
Options outstanding weighted average exercise price - Granted \| $ / shares	37.55
Options outstanding weighted average exercise price - modification \| $ / shares	30.21
Options outstanding weighted average exercise price - Exercised \| $ / shares	$ 25.48
Options outstanding weighted average remaining term \| Years	5.7	6.1
Options outstanding weighted average grant date fair value	$ 1,622	$ 2,440
Options granted weighted average grant date fair value	75
Options modified weighted average grant date fair value	(137)
Options exercised weighted average grant date fair value	$ (756)
Options exercisable at June 30, 2017 \| shares	119,020
Options exerciseable weighted average exercise price \| $ / shares	$ 23.66
Options exerciseable weighted average remaining term \| Years	4.9
Options exerciseable weighted average grant date fair value	$ 1,038
Options vested during six months ended June 30, 2017 \| shares	26,839
Options vested weighted average grant date fair value	$ 223

Investments in Joint Ventures (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2013	Oct. 04, 2006
Net Loss of the Partnership		$ (1,454)		$ (2,057)
Company's share of Net Loss of the Partnership	$ (806)	$ (1,119)	$ (186)	(1,577)	$ (272)
Total revenues	9,360		9,243	18,682	18,858
Operating expenses	5,374		7,277	11,292	13,383
Property taxes	1,129		1,128	2,191	2,270
Total cost of operations	1,002		974	2,003	2,505
Total operating profit	3,986		1,966	7,390	5,475
Interest expense	$ (371)		(392)	$ (619)	(807)
Riverfront Holdings I, LLC
Ownership percent	77.14%	77.14%		77.14%		77.14%
Total Investment	$ 8,583	$ 10,151		$ 8,583
Total Assets of the Partnership	91,641	90,420		91,641
Net Loss of the Partnership		(1,446)		(2,019)
Company's share of Net Loss of the Partnership		(1,115)		(1,558)
Cash	2,295	1,023		2,295
Cash held in escrow	171	88		171
Accounts receivable	40			40
Prepaid expenses	142			142
Investments in real estate, net	88,993	89,309		88,993
Amortizable debt costs	(852)			(852)
Other liabilities	905	6,348		905
Long-term debt	78,587	69,042		78,587
Capital - FRP	8,583	10,151		8,583
Capital - Third parties	4,418	4,879		4,418
Total liabilities and capital	91,641	$ 90,420		91,641
Rental revenue	1,742		0	3,053	0
Revenue - Reimbursements	18		0	33	0
Total revenues	1,760		0	3,086	0
Depreciation and amortization	1,095		75	1,958	97
Operating expenses	621		148	1,096	216
Property taxes	240		0	459	0
Total cost of operations	1,956		223	3,513	313
Total operating profit	(196)		(223)	(427)	(313)
Interest expense	(836)		0	(1,592)	0
Net loss of the Partnership	$ (1,032)		$ (223)	$ (2,019)	$ (313)
Brooksville Quarry, LLC
Ownership percent	50.00%	50.00%		50.00%			50.00%
Total Investment	$ 7,500	$ 7,522		$ 7,500
Total Assets of the Partnership	14,343	14,341		14,343
Net Loss of the Partnership		(8)		(38)
Company's share of Net Loss of the Partnership		(4)		(19)
Cash	26	18		26
Cash held in escrow	0	0		0
Accounts receivable	6			6
Prepaid expenses	2			2
Investments in real estate, net	14,309	14,323		14,309
Amortizable debt costs	0			0
Other liabilities	45	1		45
Long-term debt	0	0		0
Capital - FRP	7,500	7,522		7,500
Capital - Third parties	6,798	6,818		6,798
Total liabilities and capital	$ 14,343	$ 14,341		$ 14,343
BC FRP Realty, LLC
Ownership percent	50.00%	50.00%		50.00%
Total Investment	$ 5,474	$ 5,228		$ 5,474
Total Assets of the Partnership	11,113	10,784		11,113
Net Loss of the Partnership		0		0
Company's share of Net Loss of the Partnership		0		0
Cash	44	21		44
Cash held in escrow	0	0		0
Accounts receivable	0			0
Prepaid expenses	0			0
Investments in real estate, net	11,069	10,763		11,069
Amortizable debt costs	0			0
Other liabilities	0	47		0
Long-term debt	0	0		0
Capital - FRP	5,474	5,228		5,474
Capital - Third parties	5,639	5,509		5,639
Total liabilities and capital	11,113	10,784		11,113
Joint Ventures
Total Investment	21,557	22,901		21,557
Total Assets of the Partnership	117,097	115,545		117,097
Cash	2,365	1,062		2,365
Cash held in escrow	171	88		171
Accounts receivable	46			46
Prepaid expenses	144			144
Investments in real estate, net	114,371	114,395		114,371
Amortizable debt costs	(852)			(852)
Other liabilities	950	6,396		950
Long-term debt	78,587	69,042		78,587
Capital - FRP	21,557	22,901		21,557
Capital - Third parties	16,855	17,206		16,855
Total liabilities and capital	$ 117,097	$ 115,545		$ 117,097

Recently Issued Accounting Standards (Details Narrative) $ in Thousands	6 Months Ended
	Jun. 30, 2017 USD ($)
Recently Issued Accounting Standards Details Narrative
Reduction of income tax expense from windfall gains on stock option exercises	$ 14

Business Segments (Details Narrative)	6 Months Ended
Business Segments (Details Narrative)	Jun. 30, 2017 a Segments
Reportable business segments \| Segments	3
Mining royalty lands
Mining royalty lands acres	15,000
Brooksville Quarry, LLC
Mining royalty lands acres	4,280

Long-Term debt (Details Narrative) $ in Thousands	3 Months Ended			6 Months Ended
Long-Term debt (Details Narrative) $ in Thousands	Jun. 30, 2017 USD ($)	Dec. 31, 2016	Jun. 30, 2016 USD ($)	Jun. 30, 2017 USD ($)	Jun. 30, 2016 USD ($)	Jul. 24, 2015 USD ($)	Jan. 30, 2015 USD ($)
Mortgage interest description		5.6% to 7.9% mortgage notes due in installments through 2027		5.6% to 7.9% mortgage notes due in installments through 2027
Capitalized interest	$ 232		$ 240	$ 602	$ 482
First Tennessee bank Term Loan
Credit Agreement term years	10			10
Term loan facility	$ 20,000			$ 20,000
Wells Fargo Bank, N.A.
Credit Agreement term years							5
Revolving Credit Agreement							$ 20,000
Sublimit for standby letters of credit							$ 10,000
Letters of credit issued	2,266			2,266
Borrowed under the revolver	5,733			5,733
Available for borrowing	12,001			12,001
Tangible net worth covenant	110,000			110,000
Available to pay dividends or repurchase stock	76,600			$ 76,600
Revolver interest over LIBOR				1.4%
Commitment fee				0.15%
First Tennessee Bank
Credit Agreement term years						5
Revolving Credit Agreement						$ 20,000
Revolver conversion to term loan				24 month window
Borrowed under the revolver	622			$ 622
Available for borrowing	$ 19,378			$ 19,378
Revolver interest over LIBOR				1.9%
Commitment fee				0.10%

Earnings per Share (Details Narrative) - shares	3 Months Ended		6 Months Ended
Earnings per Share (Details Narrative) - shares	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings per common share:
Anti-dilutive shares	13,610	72,090	22,422	72,090

Stock-Based Compensation Plans (Details Narrative) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2017 USD ($) Years $ / shares shares
Number of stock option plans	2
Options expire from date of grant	10 years
Exercisable installments	Immediate or 20% or 25%
Shares available for future issuance \| shares	569,917
Aggregate intrinsic value of exercisable in-the-money options	$ 2,677
Aggregate intrinsic value of outstanding in-the-money options	$ 3,310
Market close price \| $ / shares	$ 46.15
Total unrecognized compensation cost of options granted but not yet vested	$ 376
Weighted average period for compensation to be recognized \| Years	3.7
Gains realized by option holders	$ 1,347
Expected minimum volatility	35.00%
Expected maximum volatility	46.00%
Risk-free interest rate minimum	0.30%
Risk-free interest rate maximum	4.20%
Expected life minimum \| Years	0.25
Expecited life maximum \| Years	7.0
Dividend yield	0.00%
Modification stock compensation expense	$ 41
Patriot Transportation
Realized tax benefit from options exercised	1,238
Modification stock compensation expense	$ 150

Contingent Liabilities (Details Narrative) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2017	Jun. 30, 2016
Contingent Liabilities Details Narrative
Cap on environment financial responsibility	$ 1,871			$ 1,871
Environmental remediation expense	0	$ 2,000		0	$ 2,000
Total cost of remediation	$ 1,900			$ 1,900
Environmental remediation recovery			$ 3,000

Concentrations (Details Narrative) $ in Thousands	6 Months Ended
Concentrations (Details Narrative) $ in Thousands	Jun. 30, 2017 USD ($) integer
Tenants leasing mining locations \| integer	4
Asset Management Top Customer
Customer revenue concentration	11.00%
Mining Top Customer
Customer revenue concentration	15.70%
Accounts receivable concentration \| $	$ 200

Fair Value Measurements (Details Narrative) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Assets measured at fair value on a recurring basis	$ 0
Liabilities measured at fair value on a recurring basis	0
Assets measured at fair value on a non-recurring basis	0
Liabilities measured at fair value on a non-recurring basis	0
Carrying amount of mortgage notes payable	38,262	$ 40,745
Fair value of mortgage notes payable	$ 41,165	$ 43,747

Investments in Joint Ventures (Details Narrative) $ in Thousands	1 Months Ended	3 Months Ended					4 Months Ended	6 Months Ended
	May 31, 2016 USD ($)	Jun. 30, 2017 USD ($) ft²	Dec. 31, 2016 USD ($)	Jun. 30, 2016 USD ($)	Mar. 31, 2016 USD ($) a	Dec. 31, 2006 USD ($)	Sep. 30, 2013 USD ($)	Jun. 30, 2017 USD ($) ft²	Jun. 30, 2016 USD ($)	Aug. 08, 2014 USD ($)	Jun. 30, 2013	Mar. 30, 2012 a	Oct. 04, 2006 a
Company's share of the loss of the joint venture		$ 806	$ 1,119	$ 186				$ 1,577	$ 272
Joint Venture consolidated retained earnings		$ (2,626)	$ (1,667)					$ (2,626)
MRP
Capital contribution							$ 5,553
Vulcan
Acres conributed \| a													553
Vulcan leasehold interest \| a													3,443
FRP additional contribution for land						$ 3,018
Additional land acquired \| a													288
St Johns Properties JV St Johns
Value of land contributed					$ 3,240
Acres conributed \| a					10
Riverfront Holdings I, LLC
Square feet		300,000						300,000				300,000
Retail square feet \| a												18,000
Area of land to develop \| a												2.0
Land acreage \| a												5.82
Value of land contributed							13,500
Cash contributed							4,866
Joint venture percentage stake		77.14%	77.14%					77.14%			77.14%
EB5 Secondary financing										$ 17,000
Nonrecourse construction loan										$ 65,000
Book value of land contribution							$ 6,165
Company's share of the loss of the joint venture			$ 1,115					$ 1,558
Brooksville Quarry, LLC
Land acreage \| a													4,300
Joint venture percentage stake		50.00%	50.00%					50.00%					50.00%
Acres conributed \| a													3,443
Book value of land contribution						2,548
FRP additional contribution for land						$ 3,018
Additional land acquired \| a													288
Company's share of the loss of the joint venture			$ 4					$ 19
BC FRP Realty, LLC
Square feet \| a					329,000
Value of land contributed					$ 7,500
Joint venture percentage stake		50.00%	50.00%					50.00%
Distribution received	$ 2,130
Acres conributed \| a					25
Company's share of the loss of the joint venture			$ 0					$ 0

Subsequent Event (Details Narrative) $ in Thousands	1 Months Ended
Subsequent Event (Details Narrative) $ in Thousands	Jul. 31, 2017 USD ($)	Jun. 30, 2017 ft²	Mar. 30, 2012 a
Scenario, Forecast [Member]
Anticipated increase in net assets upon consolidation	$ 139,000
Anticipated increase in liabilities upon consolidation	93,000
Anticipated increase in net equity	$ 46,000
Estimate gain on consolidation	$20 million to $25 million
Subsequent Event [Member]
Percent of apartments leased and occupied by third party tenants	90.00%
Riverfront Holdings I, LLC
Square feet		300,000	300,000