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Investments in Joint Ventures - Schedule of Investments in Joint Ventures (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Schedule of Equity Method Investments [Line Items]    
Total assets $ 717,123 $ 728,485
Capital – Third Parties 425,170 423,103
Total liabilities and equity 717,123 728,485
Brooksville Quarry, LLC    
Schedule of Equity Method Investments [Line Items]    
Investments in real estate, net 14,353 14,354
Cash and restricted cash 134 143
Unrealized rents & receivables 0 0
Deferred costs 7 1
Total assets 14,494 14,498
Secured notes payable 0 0
Other liabilities 22 0
Capital – FRP 7,566 7,579
Capital – Third Parties 6,906 6,919
Total liabilities and equity 14,494 14,498
BC FRP Realty, LLC    
Schedule of Equity Method Investments [Line Items]    
Investments in real estate, net 20,926 20,956
Cash and restricted cash 211 144
Unrealized rents & receivables 579 517
Deferred costs 249 313
Total assets 21,965 21,930
Secured notes payable 10,233 10,315
Other liabilities 258 285
Capital – FRP 5,737 5,665
Capital – Third Parties 5,737 5,665
Total liabilities and equity 21,965 21,930
Lending ventures    
Schedule of Equity Method Investments [Line Items]    
Investments in real estate, net 13,308 16,007
Cash and restricted cash 0 0
Unrealized rents & receivables 0 0
Deferred costs 0 0
Total assets 13,308 16,007
Secured notes payable (9,852) (10,157)
Other liabilities 0 0
Capital – FRP 23,160 26,164
Capital – Third Parties 0 0
Total liabilities and equity 13,308 16,007
Total Multifamily JV’s    
Schedule of Equity Method Investments [Line Items]    
Investments in real estate, net 436,884 439,691
Cash and restricted cash 9,049 11,066
Unrealized rents & receivables 7,129 7,216
Deferred costs 6,429 6,631
Total assets 459,491 464,604
Secured notes payable 272,216 272,155
Other liabilities 5,007 7,349
Capital – FRP 106,315 109,031
Capital – Third Parties 75,953 76,069
Total liabilities and equity 459,491 464,604
Grand Total    
Schedule of Equity Method Investments [Line Items]    
Investments in real estate, net 485,471 491,008
Cash and restricted cash 9,394 11,353
Unrealized rents & receivables 7,708 7,733
Deferred costs 6,685 6,945
Total assets 509,258 517,039
Secured notes payable 272,597 272,313
Other liabilities 5,287 7,634
Capital – FRP 142,778 148,439
Capital – Third Parties 88,596 88,653
Total liabilities and equity $ 509,258 $ 517,039