Consolidated Real Estate and Accumulated Depreciation and Depletion (Tables)

12 Months Ended

Sep. 30, 2016

Real Estate [Abstract]

Schedule III Real Estate and Accumulated Depreciation and Depletion

FRP HOLDINGS, INC.

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

DEPLETION (dollars in thousands)

SEPTEMBER 30, 2016

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	$	156		n/a		4/86	unit
Clayton, GA				369		0			369		5		n/a		4/86	unit
Fayette, GA				685		199			884		67		n/a		4/86	unit
Lake, FL				402		0			402		158		n/a		4/86	unit
Lake, FL				1,083		0			1,083		975		n/a		4/86	unit
Lake Louisa, FL				11,039		0			11,039		0		n/a		5/12	unit
Lee, FL				4,690		12			4,702		6		n/a		4/86	unit
Monroe, GA				792		0			792		288		n/a		4/86	unit
Muscogee, GA				369		(45	)		324		324		n/a		4/86	unit
Prince William, VA				298		0			298		298		n/a		4/86	unit
Putnam, FL				15,002		37			15,039		4,533		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		691		n/a		4/86	n/a
		0		39,302		104			39,406		8,383
Asset Management Properties
Baltimore, MD		1,698		439		4,429			4,868		2,714		1990		10/89	39 yr.
Baltimore, MD		3,288		950		7,722			8,672		4,847		1994		12/91	39 yr.
Baltimore, MD		973		690		2,861			3,551		1,570		2000		07/99	39 yr.
Baltimore, MD		0		1,435		4,229			5,664		1,113		2008		12/02	39 yr.
Baltimore, MD		0		4,309		276			4,585		273		n/a		06/15	39 yr.
Baltimore, MD		0		8,412		521			8,933		54		1967		07/16	39 yr.
Baltimore City, MD		4,712		5,106		5,488			10,594		1,108		2016		12/10	39 yr.
Baltimore City, MD		0		7,442		1,869			9,311		1,070		n/a		6/13	39 yr.
Duval, FL		0		2,416		541			2,957		2,793		n/a		4/86	25 yr.
Harford, MD		486		31		3,830			3,861		2,181		1998		8/95	39 yr.
Harford, MD		1,377		50		5,709			5,759		2,605		1999		8/95	39 yr.
Harford, MD		2,646		85		7,091			7,176		3,677		2001		8/95	39 yr.
Harford, MD		2,148		88		10,133			10,221		4,379		2007		8/95	39 yr.
Harford, MD		1,506		155		12,627			12,782		4,401		2009		8/95	39 yr.
Howard, MD		0		2,859		4,887			7,746		4,369		1996		9/88	39 yr.
Howard, MD		879		2,473		1,046			3,519		1,480		2000		3/00	39 yr.
Elkridge, MD		0		8,920		27			8,947		355		TBD		10/15	39 yr.
Anne Arundel, MD		8,179		715		9,394			10,109		5,893		1989		9/88	39 yr.
Anne Arundel, MD		4,730		950		14,211			15,161		5,184		2003		5/98	39 yr.
Anne Arundel, MD		0		1,525		10,800			12,325		3,737		2005		8/04	39 yr.
Anne Arundel, MD		3,390		737		5,430			6,167		1,900		2006		1/03	39 yr.
Anne Arundel, MD		0		667		10,641			11,308		2,832		2012		7/07	39 yr.
Norfolk, VA		0		7,512		36			7,548		2,668		2004		10/04	39 yr.
Prince William, VA		0		7,039		24,078			31,117		2,582		2014		12/05	39 yr.
Newcastle Co., DE		0		11,559		2,959			14,518		4,736		2004		4/04	39 yr.
		36,012		76,564		150,835			227,399		68,521
Land Development and Construction Properties
Baltimore City, MD		0		988		3,826			4,814		106		n/a		12/10	15 yr.
Carroll, MD		0		4,720		2,340			7,060		0		n/a		3/08	n/a
Harford, MD		0		92		1,600			1,692		0		n/a		8/95	n/a
Prince William, VA		0		3,402		4,670			8,072		97		n/a		12/05	15 yr.
Washington D.C.		0		2,957		9,858			12,815		2,866		n/a		4/86	15 yr.
Washington D.C.		0		3,811		2,404			6,215		0		n/a		10/97	n/a
		0		15,970		24,698			40,668		3,069
GRAND TOTALS	$	36,012	$	131,836	$	175,637		$	307,473	$	79,973
(a) The aggregate cost for Federal income tax purposes is $269,546.

Real Estate and Accumulated Depreciation and Depletion

FRP HOLDINGS, INC.

SCHEDULE III (CONSOLIDATED) - REAL ESTATE AND

ACCUMULATED DEPRECIATION AND DEPLETION

YEARS ENDED SEPTEMBER 30, 2016, 2015 AND 2014

(In thousands)

		2016			2015			2014
Gross Carrying Cost of Real Estate:
Balance at beginning of period	$	292,528		$	286,671		$	268,932
Additions during period:
Amounts capitalized		27,439			6,063			19,154
Deductions during period:
Cost of real estate sold		(5,011	)		—			(1,415	)
Other		(7,483	) (1)		(206	)		—
Balance at close of period	$	307,473		$	292,528		$	286,671
Accumulated Depreciation & Depletion:
Balance at beginning of period	$	73,480		$	67,598		$	62,167
Additions during period:
Charged to cost & expense		6,690			5,902			5,446
Deductions during period:
Real estate sold		—			—			(15	)
Other		(197	)		(20	)		—
Balance at close of period	$	79,973		$	73,480		$	67,598
(1) Includes $6,828 of property cost transferred to Investment in Joint Ventures for the joint venture partnership with St. John Properties.