Subsequent Events

12 Months Ended

Dec. 31, 2023

Subsequent Events [Abstract]

Subsequent Events

18. Subsequent Events.

Subsequent to the end of the year, on March 6, 2024, FRP Holdings, Inc announced that it intends to effect a forward stock split of its common stock at a ratio of 2 post-split shares for every 1 pre-split share. The record date for the split will be April 1, 2024, and the payment date is April 12, 2024. The stock split will increase the number of issued shares of the Company's common stock from 9,500,300 shares to 19,000,600 shares.

The following table shows the Historical earnings per share and the pro forma earnings per share assuming the stock split was effective:

	Years Ended December 31,
	2023		2022		2021
Historical Earnings per common share:
Net Income attributable to the Company -
Basic	$	0.56		0.49		3.02
Diluted	$	0.56		0.48		3.00
Pro Forma Earnings per common share (unaudited):
Net Income attributable to the Company -
Basic	$	0.28		0.24		1.51
Diluted	$	0.28		0.24		1.50