Investment in Joint Ventures (Tables)

9 Months Ended

Sep. 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 September 30, 2017
RiverFront Holdings I, LLC (1)	—		—	—	$   (2,019	)	$   (1,558	)
Brooksville Quarry, LLC	50.00	%	$   7,487	$ 14,445	(62	)	(31	)
BC FRP Realty, LLC	50.00	%	5,858	12,298	—		—
Total			$ 13,345	$ 26,743	$  (2,081	)	$  (1,589	)
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 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					Nine Months Ended
	September 30,					September 30,
	2017		2016			2017			2016
Revenues:
Rental Revenue	$	—		—		$	3,053			127
Revenue – Reimbursements		—		127			33			—
Total Revenues		—		127			3,086			127
Cost of operations:
Depreciation and amortization		—		228			1,958			325
Operating expenses		—		405			1,096			621
Property taxes		—		41			459			41
Total cost of operations		—		674			3,513			987
Total operating profit		—		(547	)		(427	)		(860	)
Interest expense		—		(280	)		(1,592	)		(280	)
Net loss of the Partnership	$	—		(827	)	$	(2,019	)		(1,140	)