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Investments in Joint Ventures as of December 31, 2023 (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Schedule of Equity Method Investments [Line Items]    
Investments in real estate, net $ 508,350 $ 500,235
Cash and restricted cash 11,472 14,149
Unrealized rents & receivables 7,385 7,731
Deferred costs 5,983 6,229
   Total Assets 705,673 709,166
Secured notes payable 279,326 263,717
Other liabilities 4,058 8,742
Capital - Third Parties 416,133 414,520
   Total Liabilities and Capital 705,673 709,166
Real Estate Total Assets [Member]    
Schedule of Equity Method Investments [Line Items]    
   Total Assets 533,190 528,344
Real Estate Partnership F R P [Member]    
Schedule of Equity Method Investments [Line Items]    
Capital – FRP 158,953 160,776
Real Estate Partnership Third Parties [Member]    
Schedule of Equity Method Investments [Line Items]    
Capital - Third Parties 90,853 95,109
Real Estate Partnership Total Liabilities And Capital [Member]    
Schedule of Equity Method Investments [Line Items]    
   Total Liabilities and Capital 533,190 528,344
Brooksville Quarry L L C [Member]    
Schedule of Equity Method Investments [Line Items]    
Investments in real estate, net 14,357 14,358
Cash and restricted cash 72 80
Unrealized rents & receivables 0 0
Deferred costs 7 1
Secured notes payable 0 0
Other liabilities 22 0
Brooksville Quarry L L C [Member] | Real Estate Total Assets [Member]    
Schedule of Equity Method Investments [Line Items]    
   Total Assets 14,436 14,439
Brooksville Quarry L L C [Member] | Real Estate Partnership F R P [Member]    
Schedule of Equity Method Investments [Line Items]    
Capital – FRP 7,539 7,552
Brooksville Quarry L L C [Member] | Real Estate Partnership Third Parties [Member]    
Schedule of Equity Method Investments [Line Items]    
Capital - Third Parties 6,875 6,887
Brooksville Quarry L L C [Member] | Real Estate Partnership Total Liabilities And Capital [Member]    
Schedule of Equity Method Investments [Line Items]    
   Total Liabilities and Capital 14,436 14,439
B C F R P Realty L L C [Member]    
Schedule of Equity Method Investments [Line Items]    
Investments in real estate, net 21,761 21,503
Cash and restricted cash 193 127
Unrealized rents & receivables 448 464
Deferred costs 248 360
Secured notes payable 10,782 12,086
Other liabilities 356 402
B C F R P Realty L L C [Member] | Real Estate Total Assets [Member]    
Schedule of Equity Method Investments [Line Items]    
   Total Assets 22,650 22,454
B C F R P Realty L L C [Member] | Real Estate Partnership F R P [Member]    
Schedule of Equity Method Investments [Line Items]    
Capital – FRP 5,756 4,983
B C F R P Realty L L C [Member] | Real Estate Partnership Third Parties [Member]    
Schedule of Equity Method Investments [Line Items]    
Capital - Third Parties 5,756 4,983
B C F R P Realty L L C [Member] | Real Estate Partnership Total Liabilities And Capital [Member]    
Schedule of Equity Method Investments [Line Items]    
   Total Liabilities and Capital 22,650 22,454
Lending Ventures [Member]    
Schedule of Equity Method Investments [Line Items]    
Investments in real estate, net 19,431 17,117
Cash and restricted cash 0 0
Unrealized rents & receivables 0 0
Deferred costs 0 0
Secured notes payable (10,740) (10,578)
Other liabilities 0 0
Lending Ventures [Member] | Real Estate Total Assets [Member]    
Schedule of Equity Method Investments [Line Items]    
   Total Assets 19,431 17,117
Lending Ventures [Member] | Real Estate Partnership F R P [Member]    
Schedule of Equity Method Investments [Line Items]    
Capital – FRP 30,171 27,695
Lending Ventures [Member] | Real Estate Partnership Third Parties [Member]    
Schedule of Equity Method Investments [Line Items]    
Capital - Third Parties 0 0
Lending Ventures [Member] | Real Estate Partnership Total Liabilities And Capital [Member]    
Schedule of Equity Method Investments [Line Items]    
   Total Liabilities and Capital 19,431 17,117
Multifamily J V [Member]    
Schedule of Equity Method Investments [Line Items]    
Investments in real estate, net 449,545 447,257
Cash and restricted cash 11,207 13,942
Unrealized rents & receivables 6,937 7,267
Deferred costs 5,728 5,868
Secured notes payable 279,284 262,209
Other liabilities 3,680 8,340
Multifamily J V [Member] | Real Estate Total Assets [Member]    
Schedule of Equity Method Investments [Line Items]    
   Total Assets 473,417 474,334
Multifamily J V [Member] | Real Estate Partnership F R P [Member]    
Schedule of Equity Method Investments [Line Items]    
Capital – FRP 113,859 120,546
Multifamily J V [Member] | Real Estate Partnership Third Parties [Member]    
Schedule of Equity Method Investments [Line Items]    
Capital - Third Parties 76,594 83,239
Multifamily J V [Member] | Real Estate Partnership Total Liabilities And Capital [Member]    
Schedule of Equity Method Investments [Line Items]    
   Total Liabilities and Capital $ 473,417 $ 474,334