XML 36 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1
Investment in Joint Ventures (Tables)
9 Months Ended
Sep. 30, 2018
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, 2018                              
Brooksville Quarry, LLC   50.00 %   7,477     14,404     (70 )   (35 )
BC FRP Realty, LLC   50.00 %   5,966     20,689     —      —   
RiverFront Holdings II, LLC   80.00 %   11,646     20,793     (1 )   (1 )
   Total        $   25,089     55,886       (71 )     (36 )
                               
As of December 31, 2017                              
RiverFront Holdings I, LLC (1)   —     $ —      —           (2,019 )      (1,558 )
Brooksville Quarry, LLC   50.00 %   7,516     14,411     (80 )   (40 )
BC FRP Realty, LLC   50.00 %   5,890     15,027     —      —   
   Total        $   13,406     29,438       (2,099 )     (1,598 )
                               

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

      Six Months Ended  
      June 30,  
      2017  
Revenues:            
    Rental Revenue         3,053  
    Revenue – Reimbursements         33  
Total Revenues         3,086  
Cost of operations:            
     Depreciation and amortization         1,958  
     Operating expenses         1,096  
     Property taxes         459  
Total cost of operations         3,513  
Total operating profit         (427 )
Interest expense         (1,592 )
Net loss of the Partnership         (2,019 )