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Investment in Joint Ventures (Tables)
6 Months Ended
Jun. 30, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Investments in Joint Ventures (in thousands)
                            The  
                            Company's  
                            Share of  Profit  
     Common     Total     Total Assets of     Profit (Loss)      (Loss) of  the  
    Ownership     Investment     The Partnership     Of the Partnership      Partnership  
                               
As of June 30, 2020                              
Brooksville Quarry, LLC   50.00 %  $ 7,476     14,310     (42 )   (21 )
BC FRP Realty, LLC   50.00 %   5,286     22,689     (210 )   (104 )
RiverFront Holdings II, LLC   80.00 %   25,484     104,426     (1,326 )   (1,409 )
Bryant Street Partnerships   61.36 %   59,549     133,553     —      (824 )
Hyde Park         1,214     1,214     —      —   
DST Hickory Creek   26.65 %   6,000     48,651     (162 )   168  
Amber Ridge Loan         1,183     1,183     —      —   
1800 Half St. Owner, LLC   61.37 %   37,537     39,327     126     126  
Greenville/Woodfield Partnerships   40.00 %   16,050     43,095     158     80  
   Total        $ 159,779     408,448       (1,456 )     (1,984 )
                               
As of December 31, 2019                              
Brooksville Quarry, LLC   50.00 %  $ 7,499     14,316     (84 )   (42 )
BC FRP Realty, LLC   50.00 %   5,391     22,969     (1,114 )   (591 )
RiverFront Holdings II, LLC   80.00 %   25,975     88,235     (95 )   (871 )
Bryant Street Partnerships   61.36 %   58,353     96,477     260     (573 )
Hyde Park         3,492     3,492     —      —   
DST Hickory Creek   26.65 %   6,000     49,369     (168 )   123  
Amber Ridge Loan         509     509     —      —   
1800 Half St. Owner, LLC   59.73 %   37,314     40,161     —      —   
Greenville/Woodfield Partnerships   40.00 %   15,919     19,214     —      —   
   Total        $       160,452     334,742       (1,201 )     (1,954 )

 

 

                             

 

Joint Venture balance sheets (in thousands)
  As of June 30, 2020   Total
  RiverFront   Bryant Street   DST Hickory   1800 Half St.   Greenville/   Apartment/
  Holdings II, LLC   Partnership   Creek   Partnership   Woodfield   Mixed Use
                       
Investments in real estate, net 103,602       132,932       46,106       27,603       20,845      $ 331,088  
Cash and cash equivalents   720       512       1,483       8,917       21,878       33,510  
Unrealized rents & receivables   78       95       622       0       0       795  
Deferred costs   26       14       440       2,807       372       3,659  

   

Total Assets

104,426       133,553       48,651       39,327       43,095     $ 369,052  
                                             

 

 

Secured notes payable 60,252       35,770       29,268       0       0     $ 125,290  
Other liabilities   2,094       19,405       171       392       3,213       25,275  
Capital - FRP   36,732       58,224       5,120       37,460       15,953       153,489  
Capital - Third Parties   5,348       20,154       14,092       1,475       23,929       64,998  

   

Total Liabilities and Capital

104,426       133,553       48,651       39,327       43,095     $ 369,052  

 

 

  As of June 30, 2020    
  Brooksville   BC FRP       Amber Ridge   Apartment/   Grand
  Quarry, LLC   Realty, LLC   Hyde Park   Loan   Mixed Use   Total
                       
Investments in real estate, net.  $ 14,290       22,187       1,214       1,183       331,088      $ 369,962  
Cash and cash equivalents   18       59       0       0       33,510       33,587  
Unrealized rents & receivables   0       230       0       0       795       1,025  
Deferred costs   2       213       0       0       3,659       3,874  
   Total Assets  $ 14,310       22,689       1,214       1,183       369,052     $ 408,448  
                                               
Secured notes payable  $ 0       12,130       0       0       125,290     $ 137,420  
Other liabilities   41       105       0       0       25,275       25,421  
Capital - FRP   7,476       5,227       1,214       1,183       153,489       168,589  
Capital - Third Parties   6,793       5,227       0       0       64,998       77,018  
   Total Liabilities and Capital  $ 14,310       22,689       1,214       1,183       369,052      $ 408,448  

 

 

  As of December 31, 2019   Total
  RiverFront   Bryant Street   DST Hickory   1800 Half St.   Greenville/   Apartment/
  Holdings II, LLC   Partnership   Creek   Partnership   Woodfield   Mixed Use
                       
Investments in real estate, net 87,521       95,903       46,685       14,391       1,889      $ 246,389  
Cash and cash equivalents   630       387       1,764       25,770       17,325       45,876  
Unrealized rents & receivables   82       158       446       0       0       686  
Deferred costs   2       29       474       0       0       505  

   

Total Assets

88,235       96,477       49,369       40,161       19,214     $ 293,456  
                                             

 

 

Secured notes payable 38,564       1,660       29,246       0       0     $ 69,470  
Other liabilities   6,771       17,183       120       1,363       1,889       27,326  
Capital - FRP   37,284       57,479       6,000       37,314       15,919       153,996  
Capital - Third Parties   5,616       20,155       14,003       1,484       1,406       42,664  

   

Total Liabilities and Capital

88,235       96,477       49,369       40,161       19,214     $ 293,456  

 

  As of December 31, 2019    
  Brooksville   BC FRP       Amber Ridge   Apartment/   Grand
  Quarry, LLC   Realty, LLC   Hyde Park   Loan   Mixed Use   Total
                       
Investments in real estate, net.  $ 14,293       22,423       3,492       509       246,389      $ 287,106  
Cash and cash equivalents   18       15       0       0       45,876       45,909  
Unrealized rents & receivables   0       220       0       0       686       906  
Deferred costs   5       311       0       0       505       821  
   Total Assets  $ 14,316       22,969       3,492       509       293,456     $ 334,742  
                                               
Secured notes payable  $ 0       12,103       0       0       69,470     $ 81,573  
Other liabilities   2       196       0       0       27,326       27,524  
Capital - FRP   7,500       5,335       3,492       509       153,996       170,832  
Capital - Third Parties   6,814       5,335       0       0       42,664       54,813  
   Total Liabilities and Capital  $ 14,316       22,969       3,492       509       293,456      $ 334,742