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Investments in Apartment/Mixed Use Joint Ventures as of December 31, 2021 (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Schedule of Equity Method Investments [Line Items]      
Investments in real estate, net $ 483,279 $ 472,317  
Cash and cash equivalents 2,914 2,987  
Unrealized rents & receivables 6,496 4,342  
Deferred costs 946 898  
   Total Assets 674,867 678,190  
Secured notes payable 250,404 222,635  
Other liabilities 17,899 28,253  
Capital – Third Parties 396,442 396,423  
   Total Liabilities and Capital 674,867 678,190  
Real Estate Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
   Total Assets 493,635 480,544  
Real Estate Partnership F R P [Member]      
Schedule of Equity Method Investments [Line Items]      
Capital - FRP 136,577 139,981  
Real Estate Partnership Third Parties [Member]      
Schedule of Equity Method Investments [Line Items]      
Capital – Third Parties 88,755 89,675  
Real Estate Partnership Total Liabilities And Capital [Member]      
Schedule of Equity Method Investments [Line Items]      
   Total Liabilities and Capital 493,635 480,544  
Riverfront Holdings I I L L C [Member]      
Schedule of Equity Method Investments [Line Items]      
Investments in real estate, net 0 0  
Cash and cash equivalents 0 0  
Unrealized rents & receivables 0 0  
Deferred costs 0 0  
   Total Assets     $ 150,082
Secured notes payable 0 0  
Other liabilities 0 0  
Capital - FRP     18,513
Capital – Third Parties     44,200
   Total Liabilities and Capital     $ 150,082
Riverfront Holdings I I L L C [Member] | Real Estate Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
   Total Assets 0 0  
Riverfront Holdings I I L L C [Member] | Real Estate Partnership F R P [Member]      
Schedule of Equity Method Investments [Line Items]      
Capital - FRP 0 0  
Riverfront Holdings I I L L C [Member] | Real Estate Partnership Third Parties [Member]      
Schedule of Equity Method Investments [Line Items]      
Capital – Third Parties 0 0  
Riverfront Holdings I I L L C [Member] | Real Estate Partnership Total Liabilities And Capital [Member]      
Schedule of Equity Method Investments [Line Items]      
   Total Liabilities and Capital 0 0  
Bryant Street Partnerships [Member]      
Schedule of Equity Method Investments [Line Items]      
Investments in real estate, net 197,423 199,730  
Cash and cash equivalents 1,268 1,123  
Unrealized rents & receivables 4,923 2,925  
Deferred costs 256 304  
Secured notes payable 123,850 119,201  
Other liabilities 5,241 9,066  
Bryant Street Partnerships [Member] | Real Estate Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
   Total Assets 203,870 204,082  
Bryant Street Partnerships [Member] | Real Estate Partnership F R P [Member]      
Schedule of Equity Method Investments [Line Items]      
Capital - FRP 56,874 57,555  
Bryant Street Partnerships [Member] | Real Estate Partnership Third Parties [Member]      
Schedule of Equity Method Investments [Line Items]      
Capital – Third Parties 17,905 18,260  
Bryant Street Partnerships [Member] | Real Estate Partnership Total Liabilities And Capital [Member]      
Schedule of Equity Method Investments [Line Items]      
   Total Liabilities and Capital 203,870 204,082  
D S T Hickory Creek [Member]      
Schedule of Equity Method Investments [Line Items]      
Investments in real estate, net 43,567 43,840  
Cash and cash equivalents 673 827  
Unrealized rents & receivables 1,119 1,044  
Deferred costs 320 337  
Secured notes payable 29,348 29,337  
Other liabilities 180 115  
D S T Hickory Creek [Member] | Real Estate Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
   Total Assets 45,679 46,048  
D S T Hickory Creek [Member] | Real Estate Partnership F R P [Member]      
Schedule of Equity Method Investments [Line Items]      
Capital - FRP 4,304 4,423  
D S T Hickory Creek [Member] | Real Estate Partnership Third Parties [Member]      
Schedule of Equity Method Investments [Line Items]      
Capital – Third Parties 11,847 12,173  
D S T Hickory Creek [Member] | Real Estate Partnership Total Liabilities And Capital [Member]      
Schedule of Equity Method Investments [Line Items]      
   Total Liabilities and Capital 45,679 46,048  
Half St Owner L L C [Member]      
Schedule of Equity Method Investments [Line Items]      
Investments in real estate, net 106,789 93,504  
Cash and cash equivalents 430 428  
Unrealized rents & receivables 0 0  
Deferred costs 0 0  
Secured notes payable 37,058 18,404  
Other liabilities 9,102 14,470  
Half St Owner L L C [Member] | Real Estate Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
   Total Assets 107,219 93,932  
Half St Owner L L C [Member] | Real Estate Partnership F R P [Member]      
Schedule of Equity Method Investments [Line Items]      
Capital - FRP 37,479 37,478  
Half St Owner L L C [Member] | Real Estate Partnership Third Parties [Member]      
Schedule of Equity Method Investments [Line Items]      
Capital – Third Parties 23,580 23,580  
Half St Owner L L C [Member] | Real Estate Partnership Total Liabilities And Capital [Member]      
Schedule of Equity Method Investments [Line Items]      
   Total Liabilities and Capital 107,219 93,932  
Greenville Woodfield Partnerships [Member]      
Schedule of Equity Method Investments [Line Items]      
Investments in real estate, net 90,234 87,421  
Cash and cash equivalents 346 279  
Unrealized rents & receivables 7 5  
Deferred costs 172 26  
Secured notes payable 48,957 44,309  
Other liabilities 3,172 4,462  
Greenville Woodfield Partnerships [Member] | Real Estate Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
   Total Assets 90,759 87,731  
Greenville Woodfield Partnerships [Member] | Real Estate Partnership F R P [Member]      
Schedule of Equity Method Investments [Line Items]      
Capital - FRP 15,452 15,584  
Greenville Woodfield Partnerships [Member] | Real Estate Partnership Third Parties [Member]      
Schedule of Equity Method Investments [Line Items]      
Capital – Third Parties 23,178 23,376  
Greenville Woodfield Partnerships [Member] | Real Estate Partnership Total Liabilities And Capital [Member]      
Schedule of Equity Method Investments [Line Items]      
   Total Liabilities and Capital 90,759 87,731  
Apartment Mixed Use [Member]      
Schedule of Equity Method Investments [Line Items]      
Investments in real estate, net 438,013 424,495  
Cash and cash equivalents 2,717 2,657  
Unrealized rents & receivables 6,049 3,974  
Deferred costs 748 667  
Secured notes payable 239,213 211,251  
Other liabilities 17,695 28,113  
Apartment Mixed Use [Member] | Real Estate Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
   Total Assets 447,527 431,793  
Apartment Mixed Use [Member] | Real Estate Partnership F R P [Member]      
Schedule of Equity Method Investments [Line Items]      
Capital - FRP 114,109 115,040  
Apartment Mixed Use [Member] | Real Estate Partnership Third Parties [Member]      
Schedule of Equity Method Investments [Line Items]      
Capital – Third Parties 76,510 77,389  
Apartment Mixed Use [Member] | Real Estate Partnership Total Liabilities And Capital [Member]      
Schedule of Equity Method Investments [Line Items]      
   Total Liabilities and Capital $ 447,527 $ 431,793