Consolidated Real Estate and Accumulated Depreciation and Depletion

12 Months Ended

Sep. 30, 2015

Real Estate [Abstract]

Consolidated Real Estate and Accumulated Depreciation and Depletion

FRP HOLDINGS, INC.

SCHEDULE III (CONSOLIDATED)-REAL ESTATE & ACCUMULATED DEPRECIATION AND

DEPLETION (dollars in thousands)

SEPTEMBER 30, 2015

County	Encumb- rances		Initial cost to Company		Cost capitalized subsequent to acquisition			Gross amount at which carried at end of period (a)		Accumulated Depreciation & Depletion		Year Of Constr- uction		Date Acquired	Depreciation Life Computed on:
Mining Royalty Lands
Alachua, FL			$	1,442	$	0		$	1,442	$	148		n/a	4/86	unit
Clayton, GA				369		0			369		5		n/a	4/86	unit
Fayette, GA				685		0			685		65		n/a	4/86	unit
Lake, FL				402		0			402		151		n/a	4/86	unit
Lake, FL				1,083		0			1,083		970		n/a	4/86	unit
Lake Louisa, FL				11,039		0			11,039		0		n/a	5/12	unit
Lee, FL				4,690		6			4,696		6		n/a	4/86	unit
Monroe, GA				792		0			792		285		n/a	4/86	unit
Muscogee, GA				369		(45	)		324		324		n/a	4/86	unit
Prince William, VA				299		0			299		299		n/a	4/86	unit
Putnam, FL				15,002		37			15,039		4,467		n/a	4/86	unit
Putnam, FL				302		(2	)		300		283		n/a	4/86	5 yr.
Spalding, GA				20		0			20		0		n/a	4/86	n/a
Marion, FL				1,180		4			1,184		599		n/a	4/86	unit
Investment Property				1,629		(101	)		1,528		684		n/a	4/86	n/a
		0		39,303		(101	)		39,202		8,286
Asset Management Properties
Baltimore, MD		1,808		439		4,423			4,862		2,584		1990	10/89	39 yr.
Baltimore, MD		3,501		950		7,719			8,669		4,609		1994	12/91	39 yr.
Baltimore, MD		1,158		690		2,861			3,551		1,511		2000	07/99	39 yr.
Baltimore, MD		0		1,435		4,229			5,664		961		2008	12/02	39 yr.
Baltimore, MD		0		4,309		251			4,560		155		n/a	06/15	39 yr.
Baltimore City, MD		0		557		4,519			5,076		732		2010	12/15	39 yr.
Baltimore City, MD		0		7,442		1,380			8,822		718		n/a	6/15	39 yr.
Duval, FL		0		2,416		541			2,957		2,773		n/a	4/86	25 yr.
Harford, MD		738		31		3,830			3,861		2,095		1998	8/95	39 yr.
Harford, MD		1,746		50		5,699			5,749		2,491		1999	8/95	39 yr.
Harford, MD		3,054		85		7,091			7,176		3,517		2001	8/95	39 yr.
Harford, MD		2,403		88		10,133			10,221		4,102		2007	8/95	39 yr.
Harford, MD		1,738		155		12,418			12,573		4,016		2009	8/95	39 yr.
Howard, MD		0		2,859		4,873			7,732		4,188		1996	9/88	39 yr.
Howard, MD		1,046		2,473		981			3,454		1,403		2000	3/00	39 yr.
Elkridge, MD		0		0		40			40		0		TBD	10/15	39 yr.
Anne Arundel, MD		0		715		9,328			10,043		5,628		1989	9/88	39 yr.
Anne Arundel, MD		5,664		950		13,120			14,070		4,862		2003	5/98	39 yr.
Anne Arundel, MD		0		1,525		10,800			12,325		3,413		2005	8/15	39 yr.
Anne Arundel, MD		3,609		737		5,430			6,167		1,711		2006	1/15	39 yr.
Anne Arundel, MD		0		667		10,261			10,928		2,418		2012	7/15	39 yr.
Norfolk, VA		5,017		7,512		10			7,522		2,446		2004	10/15	39 yr.
Prince William, VA		0		3,922		27,183			31,105		1,619		n/a	12/05	39 yr.
Newcastle Co., DE		8,709		11,559		2,759			14,318		4,305		2004	4/15	39 yr.
		40,191		51,566		149,879			201,445		62,257
Land Development and Construction Properties
Baltimore, MD		0		4,199		7,816			12,015		0		n/a	12/02	n/a
Baltimore City, MD		0		5,193		3,669			8,862		186		n/a	12/10	15 yr.
Carroll, MD		0		4,720		2,426			7,146		0		n/a	3/15	n/a
Harford, MD		0		92		1,584			1,676		0		n/a	8/95	n/a
Prince William, VA		0		3,402		893			4,295		44		n/a	12/05	15 yr.
Washington D.C.				2,957		10,352			13,309		2,707		n/a	4/86	15 yr.
Washington D.C.				3,811		767			4,578		0		n/a	10/97	n/a
		0		24,374		27,507			51,881		2,937
GRAND TOTALS	$	40,191	$	115,243	$	177,285		$	292,528	$	73,480

 (a) The aggregate cost for Federal income tax purposes is $252,925.

FRP HOLDINGS, INC.

SCHEDULE III (CONSOLIDATED) - REAL ESTATE AND

ACCUMULATED DEPRECIATION AND DEPLETION

YEARS ENDED SEPTEMBER 30, 2015, 2014 AND 2013

(In thousands)

		2015			2014			2013
Gross Carrying Cost of Real Estate:
Balance at beginning of period	$	286,671		$	268,932		$	262,564
Additions during period:
Amounts capitalized		6,063			19,154			22,228
Deductions during period:
Cost of real estate sold		—			(1,415	)		(10,021	)
Other		(206	)		—			(5,839	)
Balance at close of period	$	292,528		$	286,671		$	268,932
Accumulated Depreciation & Depletion:
Balance at beginning of period	$	67,598		$	62,167		$	58,997
Additions during period:
Charged to cost & expense		5,902			5,446			4,938
Deductions during period:
Real estate sold		—			(15	)		(461	)
Other		(20	)		—			(1,307	)
Balance at close of period	$	73,480		$	67,598		$	62,167