v3.26.1
Investments in Joint Ventures - Schedule of Investments in Joint Ventures (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Schedule of Equity Method Investments [Line Items]    
Total assets $ 762,313 $ 735,145
Capital – Third Parties 428,946 428,513
Total liabilities and equity 762,313 735,145
Industrial Partnerships    
Schedule of Equity Method Investments [Line Items]    
Investments in real estate, net 126,452 119,215
Cash and restricted cash 1,449 760
Unrealized rents & receivables 0 0
Deferred costs 67 0
Total assets 127,968 119,975
Secured notes payable 57,669 46,843
Other liabilities 4,948 6,163
Capital – FRP 7,086 7,239
Capital – Third Parties 58,265 59,730
Total liabilities and equity 127,968 119,975
Brooksville Quarry, LLC    
Schedule of Equity Method Investments [Line Items]    
Investments in real estate, net 14,347 14,350
Cash and restricted cash 41 53
Unrealized rents & receivables 0 0
Deferred costs 5 1
Total assets 14,393 14,404
Secured notes payable 0 0
Other liabilities 43 0
Capital – FRP 7,502 7,530
Capital – Third Parties 6,848 6,874
Total liabilities and equity 14,393 14,404
BC FRP Realty, LLC    
Schedule of Equity Method Investments [Line Items]    
Investments in real estate, net 21,705 21,539
Cash and restricted cash 1,363 1,347
Unrealized rents & receivables 539 548
Deferred costs 165 325
Total assets 23,772 23,759
Secured notes payable 13,429 13,731
Other liabilities 249 288
Capital – FRP 5,047 4,870
Capital – Third Parties 5,047 4,870
Total liabilities and equity 23,772 23,759
Lending ventures    
Schedule of Equity Method Investments [Line Items]    
Investments in real estate, net 16,430 11,318
Cash and restricted cash 0 0
Unrealized rents & receivables 0 0
Deferred costs 0 0
Total assets 16,430 11,318
Secured notes payable (3,263) (3,484)
Other liabilities 0 0
Capital – FRP 19,693 14,802
Capital – Third Parties 0 0
Total liabilities and equity 16,430 11,318
Total Multifamily JV’s    
Schedule of Equity Method Investments [Line Items]    
Investments in real estate, net 494,032 461,932
Cash and restricted cash 13,188 15,886
Unrealized rents & receivables 7,894 7,484
Deferred costs 6,723 6,761
Total assets 521,837 492,063
Secured notes payable 276,605 267,358
Other liabilities 19,978 11,863
Capital – FRP 110,897 110,469
Capital – Third Parties 114,357 102,373
Total liabilities and equity 521,837 492,063
Grand Total    
Schedule of Equity Method Investments [Line Items]    
Investments in real estate, net 672,966 628,354
Cash and restricted cash 16,041 18,046
Unrealized rents & receivables 8,433 8,032
Deferred costs 6,960 7,087
Total assets 704,400 661,519
Secured notes payable 344,440 324,448
Other liabilities 25,218 18,314
Capital – FRP 150,225 144,910
Capital – Third Parties 184,517 173,847
Total liabilities and equity $ 704,400 $ 661,519