Investments in Joint Ventures (Tables)

12 Months Ended

Dec. 31, 2017

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 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	)
As of December 31, 2016
RiverFront Holdings I, LLC	77.14	%	$	10,151	90,420	(1,446	)	(1,115	)
Brooksville Quarry, LLC	50.00	%		7,522	14,341	(8	)	(4	)
BC FRP Realty, LLC	50.00	%		5,228	10,784	—		—
Total			$	22,901	115,545	(1,454	)	(1,119	)
As of September 30, 2016
RiverFront Holdings I, LLC	77.14	%	$	11,261	85,106	(1,193	)	(938	)
Brooksville Quarry, LLC	50.00	%		7,496	14,350	(80	)	(40	)
BC FRP Realty, LLC	50.00	%		5,097	10,573	—		—
Total			$	23,854	110,029	(1,273	)	(978	)

Joint Venture balance sheets

	As of December 31, 2016
	Riverfront		Brooksville		BC FRP
	Holdings I, LLC		Quarry, LLC		Realty, LLC		Total
Cash	$	1,023	$	18	$	21	$	1,062
Cash held in escrow		88		—		—		88
Investments in real estate, net		89,309		14,323		10,763		114,395
Total Assets	$	90,420	$	14,341	$	10,784	$	115,545
Other Liabilities	$	6,348	$	1	$	47	$	6,396
Long-term Debt		69,042		—		—		69,042
Capital – FRP		10,151		7,522		5,228		22,901
Capital - Third Parties		4,879		6,818		5,509		17,206
Total Liabilities and Capital	$	90,420	$	14,341	$	10,784	$	115,545

	As of September 30, 2016
	Riverfront		Brooksville		BCF FRP
	Holdings I, LLC		Quarry, LLC		Realty, LLC		Total
Cash	$	297	$	35	$	20	$	352
Cash held in escrow		13		—		—		13
Amortizable Debt Costs		1,179		—		—		1,179
Investments in real estate, net		83,617		14,315		10,553		108,485
Total Assets	$	85,106	$	14,350	$	10,573	$	110,029
Other Liabilities	$	5,140	$	65	$	17	$	5,222
Long-term Debt		63,495		—		—		63,495
Capital - FRP		11,261		7,496		5,097		23,854
Capital - Third Parties		5,210		6,789		5,459		17,458
Total Liabilities and Capital	$	85,106	$	14,350	$	10,573	$	110,029

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

	Year ended			Three months ended			Year ended			Year ended
	December 31,			December 31,			September 30,			September 30,
	2017			2016			2016			2015
Revenues:
Rental Revenue	$	3,053			759			127			—
Revenue – Reimbursements		33			19			—			—
Total Revenues		3,086			778			127			—
Cost of operations:
Depreciation and amortization		1,958			819			258			—
Operating expenses		1,096			562			741			108
Property taxes		459			199			41			—
Total cost of operations		3,513			1,580			1,040			108
Total operating profit		(427	)		(802	)		(913	)		(108	)
Interest expense		(1,592	)		(644	)		(280	)		—
Net loss of the Partnership	$	(2,019	)		(1,446	)		(1,193	)		(108	)