2023 Q2 Form 10-Q Financial Statement

#000084405923000024 Filed on May 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $10.70M $10.11M $8.707M
YoY Change 11.09% 16.16% 48.84%
Cost Of Revenue $6.560M $6.306M $6.508M
YoY Change 4.88% -3.1% 79.28%
Gross Profit $4.136M $3.808M $2.199M
YoY Change 22.62% 73.17% -0.95%
Gross Profit Margin 38.67% 37.65% 25.26%
Selling, General & Admin $1.369M $954.0K $835.0K
YoY Change 4.74% 14.25% 7.05%
% of Gross Profit 33.1% 25.05% 37.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.882M $2.842M $2.961M
YoY Change -1.6% -4.02% 97.4%
% of Gross Profit 69.68% 74.63% 134.65%
Operating Expenses $1.369M $954.0K $835.0K
YoY Change 4.74% 14.25% 7.05%
Operating Profit $2.767M $2.854M $1.364M
YoY Change 33.93% 109.24% -5.28%
Interest Expense $1.129M $1.006M -$1.444M
YoY Change 52.77% -169.67% 21.34%
% of Operating Profit 40.8% 35.25% -105.87%
Other Income/Expense, Net
YoY Change
Pretax Income $714.0K $615.0K $653.0K
YoY Change 4.85% -5.82% -98.73%
Income Tax $222.0K $209.0K $249.0K
% Of Pretax Income 31.09% 33.98% 38.13%
Net Earnings $598.0K $565.0K $672.0K
YoY Change -8.98% -15.92% -97.63%
Net Earnings / Revenue 5.59% 5.59% 7.72%
Basic Earnings Per Share $0.06 $0.06 $0.07
Diluted Earnings Per Share $0.06 $0.06 $71.36K
COMMON SHARES
Basic Shares Outstanding 9.514M shares 9.485M shares 9.366M shares
Diluted Shares Outstanding 9.466M shares 9.456M shares 9.417M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $166.5M $173.3M $164.5M
YoY Change 4.57% 5.33% 40.86%
Cash & Equivalents $166.5M $173.3M $164.5M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.472M $1.333M $1.105M
Other Receivables $0.00 $0.00 $767.0K
Total Short-Term Assets $168.0M $174.6M $166.4M
YoY Change 4.56% 4.95% 34.84%
LONG-TERM ASSETS
Property, Plant & Equipment $363.6M $365.5M $504.5M
YoY Change 0.29% -27.55% 1.19%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $152.6M $144.7M $0.00
YoY Change 9.26% -100.0%
Other Assets $3.443M $2.995M $2.760M
YoY Change 21.66% 8.51% -60.0%
Total Long-Term Assets $531.9M $525.0M $508.5M
YoY Change 3.01% 3.24% -8.65%
TOTAL ASSETS
Total Short-Term Assets $168.0M $174.6M $166.4M
Total Long-Term Assets $531.9M $525.0M $508.5M
Total Assets $699.9M $699.6M $674.9M
YoY Change 3.38% 3.66% -0.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.153M $3.169M $3.810M
YoY Change -34.52% -16.82% 8.86%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.212M $4.363M $4.629M
YoY Change -30.08% -5.75% 15.73%
LONG-TERM LIABILITIES
Long-Term Debt $178.6M $178.6M $178.4M
YoY Change 0.08% 0.08% 0.08%
Other Long-Term Liabilities $4.158M $3.444M $3.515M
YoY Change 21.72% -2.02% -5.0%
Total Long-Term Liabilities $182.8M $182.0M $182.0M
YoY Change 0.49% 0.04% -0.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.212M $4.363M $4.629M
Total Long-Term Liabilities $182.8M $182.0M $182.0M
Total Liabilities $254.9M $254.4M $278.4M
YoY Change 1.11% -8.62% -2.07%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $67.03M $66.28M
YoY Change 13.85%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $409.9M $409.2M $396.4M
YoY Change
Total Liabilities & Shareholders Equity $699.9M $699.6M $674.9M
YoY Change 3.38% 3.66% -0.75%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income $598.0K $565.0K $672.0K
YoY Change -8.98% -15.92% -97.63%
Depreciation, Depletion And Amortization $2.882M $2.842M $2.961M
YoY Change -1.6% -4.02% 97.4%
Cash From Operating Activities $8.166M $4.687M $1.314M
YoY Change 8.98% 256.7% -61.58%
INVESTING ACTIVITIES
Capital Expenditures $979.0K $1.206M -$3.636M
YoY Change -92.89% -133.17% 7.26%
Acquisitions
YoY Change
Other Investing Activities -$12.20M -$7.549M $6.095M
YoY Change -992.9% -223.86% -85.46%
Cash From Investing Activities -$13.18M -$8.755M $2.459M
YoY Change 6.18% -456.04% -93.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.752M -$130.0K -771.0K
YoY Change 407.83% -83.14% -177.88%
NET CHANGE
Cash From Operating Activities 8.166M $4.687M 1.314M
Cash From Investing Activities -13.18M -$8.755M 2.459M
Cash From Financing Activities -1.752M -$130.0K -771.0K
Net Change In Cash -6.762M -$4.198M 3.002M
YoY Change 28.53% -239.84% -93.01%
FREE CASH FLOW
Cash From Operating Activities $8.166M $4.687M $1.314M
Capital Expenditures $979.0K $1.206M -$3.636M
Free Cash Flow $7.187M $3.481M $4.950M
YoY Change -214.41% -29.68% -27.31%

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GainLossOnSaleOfPropertyPlantEquipment
17000 usd
CY2022Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
733000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
324000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
197000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
167000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
312000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-170000 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
803000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2860000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2372000 usd
CY2023Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
295000 usd
CY2022Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
336000 usd
CY2023Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
16000 usd
CY2022Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
32000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4687000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1314000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1206000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3636000 usd
CY2023Q1 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
12766000 usd
CY2022Q1 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
2394000 usd
CY2023Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
4988000 usd
CY2022Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
3227000 usd
CY2023Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 usd
CY2022Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
4317000 usd
CY2023Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
17000 usd
CY2022Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
741000 usd
CY2023Q1 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
-212000 usd
CY2022Q1 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
-204000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8755000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2459000 usd
CY2023Q1 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-933000 usd
CY2022Q1 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-771000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
803000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
0 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-130000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-771000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-4198000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
3002000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
177497000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
161521000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
173299000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
164523000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
1004000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
736000 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-401000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
444211000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
803000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
17000 usd
CY2023Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
257000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
50000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
406000 usd
CY2023Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
933000 usd
CY2023Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
374000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
445185000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
425250000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
17000 usd
CY2022Q1 us-gaap Restricted Stock Expense
RestrictedStockExpense
130000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
50000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 usd
CY2022Q1 us-gaap Restricted Stock Award Forfeitures
RestrictedStockAwardForfeitures
0 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
404000 usd
CY2022Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
771000 usd
CY2022Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-850000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
424230000 usd
CY2023Q1 FRPH Number Of Stock Option Plans
NumberOfStockOptionPlans
2
CY2023Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2023Q1 us-gaap Area Of Land
AreaOfLand
16650
CY2023Q1 us-gaap Revenues
Revenues
10114000 usd
CY2022Q1 us-gaap Revenues
Revenues
8707000 usd
CY2023Q1 FRPH Operating Income Loss Before Corporate Expenses
OperatingIncomeLossBeforeCorporateExpenses
3808000 usd
CY2022Q1 FRPH Operating Income Loss Before Corporate Expenses
OperatingIncomeLossBeforeCorporateExpenses
2199000 usd
CY2023Q1 FRPH Operating Costs And Expenses Corporate
OperatingCostsAndExpensesCorporate
954000 usd
CY2022Q1 FRPH Operating Costs And Expenses Corporate
OperatingCostsAndExpensesCorporate
835000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
2854000 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
1364000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
1006000 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
738000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1206000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3636000 usd
CY2023Q1 FRPH Cash And Cash Equivalents Restricted Cash At Carrying Value
CashAndCashEquivalentsRestrictedCashAtCarryingValue
173884000 usd
CY2022Q4 FRPH Cash And Cash Equivalents Restricted Cash At Carrying Value
CashAndCashEquivalentsRestrictedCashAtCarryingValue
178294000 usd
CY2023Q1 us-gaap Assets
Assets
699599000 usd
CY2022Q4 us-gaap Assets
Assets
701084000 usd
CY2023Q1 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
225000 usd
CY2022Q1 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
223000 usd
CY2023Q1 us-gaap Notes Payable
NotesPayable
180070000 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
180070000 usd
CY2023Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1476000 usd
CY2022Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1513000 usd
CY2023Q1 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
178594000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
178557000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
37000 usd
CY2022Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
37000 usd
CY2023Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
406000 usd
CY2022Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
674000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9416000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9366000 shares
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
40000 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
51000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9456000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9417000 shares
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
565000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
672000 usd
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
51083 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Rights
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights
exercisable immediately or become exercisable in cumulative installments of 20% or 25%
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.315
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.412
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.020
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.029
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
343930 shares
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
324000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
197000 usd
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
1278000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1326000 usd
CY2023Q1 us-gaap Share Price
SharePrice
57.88
CY2023Q1 us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<p id="xdx_801_eus-gaap--LossContingencyDisclosures_ziX13OJRHQZb" style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><b>(8) <span id="xdx_827_zUi64QVmxKMb">Contingent Liabilities</span>. </b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><b> </b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The Company may be involved in litigation on a number of matters and is subject to certain claims which arise in the normal course of business. The Company has retained certain self-insurance risks with respect to losses for third party liability and property damage. In the opinion of management, none of these matters are expected to have a material adverse effect on the Company’s consolidated financial condition, results of operations or cash flows.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"> </p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">The Company is subject to numerous environmental laws and regulations. The Company believes that the ultimate disposition of currently known environmental matters will not have a material effect on its financial position, liquidity, or operations. The Company can give no assurance that previous environmental studies with respect to its properties have revealed all potential environmental contaminants; that any previous owner, occupant or tenant did not create any material environmental condition not known to the Company; that the current environmental condition of the properties will not be affected by tenants and occupants, by the condition of nearby properties, or by unrelated third parties; and that changes in applicable environmental laws and regulations or their interpretation will not result in additional environmental liability to the Company.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"> </p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify">As of March 31, 2023, there was $<span id="xdx_907_eus-gaap--LettersOfCreditOutstandingAmount_iI_c20230331_zhz1yCo33uxl" title="Outstanding letters of credit">562,000</span> outstanding under letters of credit. The letters of credit were issued to guarantee certain obligations to state agencies related to real estate development.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><b> </b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company and MRP guaranteed $<span id="xdx_90A_eus-gaap--GuaranteeObligationsMaximumExposure_iI_dm_c20230331__us-gaap--GuaranteeObligationsByNatureAxis__us-gaap--GuaranteeObligationsMember_z5AnI4q1vNTf" title="Guarantee obligation">26 million</span> of the construction loan on the Bryant Street Partnerships in exchange for a <span id="xdx_907_eus-gaap--DebtInstrumentInterestRateIncreaseDecrease_iN_dpi_uPercent_c20230101__20230331__us-gaap--GuaranteeObligationsByNatureAxis__us-gaap--GuaranteeObligationsMember_zwxcIIxwf3r4" title="Interest rate decrease">1</span>% lower interest rate. The Company and MRP have a side agreement limiting the Company’s guarantee to its proportionate ownership. The value of the guarantee was calculated at $<span id="xdx_907_ecustom--GuaranteeObligationBenefitPresentValue_iI_dm_c20230331__us-gaap--GuaranteeObligationsByNatureAxis__us-gaap--GuaranteeObligationsMember_zsYJ481bsMYa" title="Value of guarantee">1.9 million</span> based on the present value of the <span id="xdx_900_eus-gaap--DebtInstrumentInterestRateIncreaseDecrease_iN_dpi_uPercent_c20230101__20230331__us-gaap--GuaranteeObligationsByNatureAxis__us-gaap--GuaranteeObligationsMember_zBWi2wp6TGp5" title="Interest rate decrease">1</span>% interest savings over the anticipated <span id="xdx_90D_eus-gaap--GuaranteeObligationsTerm_c20230101__20230331__us-gaap--GuaranteeObligationsByNatureAxis__us-gaap--GuaranteeObligationsMember_zEp10Eg8KYel" title="Term in months">48</span>-month term. This amount is included as part of the Company’s investment basis and is amortized to expense over the <span id="xdx_90D_eus-gaap--GuaranteeObligationsTerm_c20230101__20230331__us-gaap--GuaranteeObligationsByNatureAxis__us-gaap--GuaranteeObligationsMember_zce3DLpoyeG2" title="Term in months">48</span> months. The Company will evaluate the guarantee liability based upon the success of the project and assuming no payments are made under the guarantee the Company will have a gain for $<span id="xdx_901_ecustom--GuaranteeObligationBenefitPresentValue_iI_dm_c20230331__us-gaap--GuaranteeObligationsByNatureAxis__us-gaap--GuaranteeObligationsMember_zYw2Xn15dmrg" title="Value of guarantee">1.9 million</span> when the loan is paid in full. Borrower may prepay a portion of the unpaid principal to satisfy such tests.</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><b> </b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><b> </b></p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.2pt 0 0; text-align: justify"><b> </b></p>
CY2023Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
562000 usd
CY2023Q1 FRPH Number Of Tenants
NumberOfTenants
5
CY2023Q1 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
128053000 usd
CY2023Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1390000 usd
CY2023Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
180070000 usd
CY2023Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
148543000 usd
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
180070000 usd
CY2022Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
162274000 usd
CY2023Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
144677000 usd
CY2022Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
140525000 usd
CY2023Q1 FRPH Equity Method Investment Summarized Financial Information Investment In Apartments Mixed Use
EquityMethodInvestmentSummarizedFinancialInformationInvestmentInApartmentsMixedUse
<p id="xdx_89E_ecustom--EquityMethodInvestmentSummarizedFinancialInformationInvestmentInApartmentsMixedUse_zTkmYXbUENi9" style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The major classes of assets, liabilities and equity of the Company’s Investments in Joint Ventures as of March 31, 2023 are summarized in the following two tables (in thousands):</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> <span id="xdx_8B1_zbg8sryncMRj" style="display: none">Investments in Apartment/Mixed-Use Joint Ventures as of March 31, 2023</span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_494_20230331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--BuzzardPointSponsorPartnershipMember_zGvGdc8E0Urh" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_490_20230331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--BryantStreetPartnershipsMember_zFoEU0sHcKy1" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_497_20230331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--EsteroPartnershipMember_zAecy0UQDKgc" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_493_20230331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--HalfStOwnerLLCMember_zeoH3Jpd0IZ1" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_491_20230331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--GreenvillePartnershipsMember_zuC68sanStda" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_494_20230331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ApartmentMixedUseMember_z5delSUjTtK3" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="19" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">As of March 31, 2023</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Total</span></td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Buzzard Point</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Bryant Street</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Estero</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">1800 Half St.</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Greenville</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Apartment/</span></td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sponsor, LLC</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Partnership</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Partnership</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Partnership</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Partnership</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Mixed-Use</span></td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td></tr> <tr id="xdx_402_ecustom--EquityMethodInvestmentSummarizedFinancialInformationInvestmentInRealEstate_iI_pn3n3_zUYPQeSz7K" style="vertical-align: bottom"> <td style="width: 32%; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Investments in real estate, net</span></td> <td style="width: 1%; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$ </span></td> <td style="width: 11%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 9%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">191,753</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 8%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">33,076</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 8%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">131,055</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 7%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">95,108</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt"> $</span></td> <td style="width: 8%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">450,992</span></td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr id="xdx_40C_ecustom--EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalents_iI_pn3n3_zcuiJWfeuGjf" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Cash and cash equivalents</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">1,496</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,424</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">2,762</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">478</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">10,160</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_403_ecustom--EquityMethodInvestmentSummarizedFinancialInformationUnrealizedRentsAndReceivables_iI_pn3n3_zD9AcLZrEon4" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Unrealized rents &amp; receivables</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,189</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">106</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">49</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,344</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40F_ecustom--EquityMethodInvestmentSummarizedFinancialInformationDeferredCosts_iI_pn3n3_zTs16G0E6kd4" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Deferred costs</span></td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">3,778</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">303</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">137</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">158</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">4,376</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40B_eus-gaap--Assets_iI_pn3n3_hus-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--RealEstateTotalAssetsMember_zMdsbEPCkoGl" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">   Total Assets</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$ </span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">3,778</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">198,741</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">38,500</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">134,060</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">95,793</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">470,872</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"> </p></td></tr> <tr id="xdx_405_ecustom--EquityMethodInvestmentSummarizedFinancialInformationNotesPayable_iI_pn3n3_z5bwR7XG2ilg" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Secured notes payable</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$ </span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">129,451</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">16,000</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">71,631</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">66,689</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">283,771</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_404_ecustom--EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_iI_pn3n3_zDSuRjOe27Fj" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Other liabilities</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">2,411</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">1,195</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">1,733</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,339</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40C_eus-gaap--MinorityInterest_iI_pn3n3_hus-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--RealEstatePartnershipFRPMember_zIncjaNSTxng" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Capital - FRP</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,889</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">52,953</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">3,600</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">38,051</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">10,399</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">106,892</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_400_eus-gaap--StockholdersEquity_iI_pn3n3_hus-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--RealEstatePartnershipThirdPartiesMember_z80Lac57db79" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Capital – Third Parties</span></td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,889</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">13,926</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">18,900</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">23,183</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">16,972</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">74,870</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40D_eus-gaap--LiabilitiesAndStockholdersEquity_iI_pn3n3_hus-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--RealEstatePartnershipTotalLiabilitiesAndCapitalMember_zo9x8Gynau1d" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">   Total Liabilities and Capital</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$ </span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">3,778</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">198,741</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">38,500</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">134,060</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">95,793</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">470,872</span></td> <td style="layout-grid-mode: line"> </td></tr> </table>
CY2023Q1 FRPH Equity Method Investment Summarized Financial Information Investment In Real Estate Net
EquityMethodInvestmentSummarizedFinancialInformationInvestmentInRealEstateNet
<p id="xdx_89B_ecustom--EquityMethodInvestmentSummarizedFinancialInformationInvestmentInRealEstateNet_ztwdXqdfqaMj" style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> <span id="xdx_8BF_z7Q3zfACITvc" style="display: none">Investments in Joint Ventures as of March 31, 2023</span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_498_20230331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--BrooksvilleQuarryLLCMember_ztqbMHcLDQg3" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_49A_20230331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--BCFRPRealtyLLCMember_zLi6Vxp0vbGb" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_497_20230331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--LendingVenturesMember_zg3QVchWpPMk" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_494_20230331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ApartmentMixedUseMember_zJVaaUHuTa74" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_49F_20230331_zOvBjKVtmzj6" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="11" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">As of March 31, 2023</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Total</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Brooksville</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">BC FRP</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lending</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Apartment/</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Grand</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Quarry, LLC</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Realty, LLC</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ventures</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Mixed-Use</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Total</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td> </td> <td> </td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_402_ecustom--EquityMethodInvestmentSummarizedFinancialInformationInvestmentInRealEstate_iI_pn3n3_zXmxWtz6sgVl" style="vertical-align: bottom"> <td style="width: 45%; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Investments in real estate, net</span></td> <td style="width: 1%; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="width: 9%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">14,335</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 9%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">20,940</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 9%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">9,011</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 9%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">450,992</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="width: 9%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">495,278</span></td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr id="xdx_40C_ecustom--EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalents_iI_pn3n3_z30OnRQ0UtM5" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Cash and cash equivalents</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">30</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">147</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">10,160</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">10,337</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_403_ecustom--EquityMethodInvestmentSummarizedFinancialInformationUnrealizedRentsAndReceivables_iI_pn3n3_zOYLkdc8MQ8k" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Unrealized rents &amp; receivables</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">412</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,344</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,756</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40F_ecustom--EquityMethodInvestmentSummarizedFinancialInformationDeferredCosts_iI_pn3n3_zZ51rdiFZMga" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Deferred costs</span></td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">6</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">302</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">4,376</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">4,684</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40B_eus-gaap--Assets_iI_pn3n3_hus-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--RealEstateTotalAssetsMember_zj7EdLj7gUij" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">   Total Assets</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">14,371</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">21,801</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">9,011</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">470,872</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">516,055</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_405_ecustom--EquityMethodInvestmentSummarizedFinancialInformationNotesPayable_iI_pn3n3_zl0vxxq3ARv6" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Secured notes payable</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">10,839</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">(10,839</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">283,771</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">283,771</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_404_ecustom--EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_iI_pn3n3_zYSXp78fiKei" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Other liabilities</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">22</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">546</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,339</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,907</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40C_eus-gaap--MinorityInterest_iI_pn3n3_hus-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--RealEstatePartnershipFRPMember_zXuGgnuoncb3" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Capital – FRP</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">7,509</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,208</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">19,850</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">106,892</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">139,459</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_400_eus-gaap--StockholdersEquity_iI_pn3n3_hus-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--RealEstatePartnershipThirdPartiesMember_znFlS4hp1815" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Capital - Third Parties</span></td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">6,840</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,208</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">74,870</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">86,918</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40D_eus-gaap--LiabilitiesAndStockholdersEquity_iI_pn3n3_hus-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--RealEstatePartnershipTotalLiabilitiesAndCapitalMember_zjcnj3u5HF9c" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">   Total Liabilities and Capital</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">14,371</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">21,801</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">9,011</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">470,872</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">516,055</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> </table>
CY2023Q1 FRPH Equity Method Investment Summarized Financial Information Investment In Real Estate
EquityMethodInvestmentSummarizedFinancialInformationInvestmentInRealEstate
495278000 usd
CY2023Q1 FRPH Equity Method Investment Summarized Financial Information Cash And Cash Equivalents
EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalents
10337000 usd
CY2023Q1 FRPH Equity Method Investment Summarized Financial Information Unrealized Rents And Receivables
EquityMethodInvestmentSummarizedFinancialInformationUnrealizedRentsAndReceivables
5756000 usd
CY2023Q1 FRPH Equity Method Investment Summarized Financial Information Deferred Costs
EquityMethodInvestmentSummarizedFinancialInformationDeferredCosts
4684000 usd
CY2023Q1 FRPH Equity Method Investment Summarized Financial Information Notes Payable
EquityMethodInvestmentSummarizedFinancialInformationNotesPayable
283771000 usd
CY2023Q1 FRPH Equity Method Investment Summarized Financial Information Other Liabilities
EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities
5907000 usd
CY2023Q1 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
5218000 usd
CY2023Q1 FRPH Equity Method Investment Summarized Financial Information Investment In Apartments Mixed Use Prior Year
EquityMethodInvestmentSummarizedFinancialInformationInvestmentInApartmentsMixedUsePriorYear
<p id="xdx_897_ecustom--EquityMethodInvestmentSummarizedFinancialInformationInvestmentInApartmentsMixedUsePriorYear_z7X42issq8Lb" style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The major classes of assets, liabilities and equity of the Company’s Investments in Joint Ventures as of December 31, 2022 are summarized in the following two tables (in thousands):</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> <span id="xdx_8BE_zcUwyP7P0d9j" style="display: none">Investments in Apartment/Mixed-Use Joint Ventures as of December 31, 2022</span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_490_20221231__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--BuzzardPointSponsorPartnershipMember_zXFE4k68pqD5" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_493_20221231__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--BryantStreetPartnershipsMember_zuPCgNohXXE" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_49B_20221231__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--EsteroPartnershipMember_zngAigZoNZq1" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_49D_20221231__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--HalfStOwnerLLCMember_zchpUEM139Ae" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_49F_20221231__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--GreenvillePartnershipsMember_zgPEXjLn20gd" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_49D_20221231__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ApartmentMixedUseMember_zsK3hfChv4u1" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="19" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">As of December 31, 2022</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Total</span></td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Buzzard Point</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Bryant Street</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Estero</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">1800 Half St.</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Greenville</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Apartment/</span></td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sponsor, LLC</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Partnership</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Partnership</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Partnership</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Partnership</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Mixed-Use</span></td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line"> </td></tr> <tr id="xdx_402_ecustom--EquityMethodInvestmentSummarizedFinancialInformationInvestmentInRealEstate_iI_pn3n3_zsNNujDX4pO7" style="vertical-align: bottom"> <td style="width: 32%; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Investments in real estate, net</span></td> <td style="width: 1%; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$ </span></td> <td style="width: 11%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 9%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">192,904</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 8%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">33,008</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 8%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">130,616</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 7%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">95,883</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt"> $</span></td> <td style="width: 8%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">452,411</span></td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr id="xdx_40C_ecustom--EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalents_iI_pn3n3_zW54gvMd3vVj" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Cash and cash equivalents</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">1,349</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,497</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">359</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">567</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">7,772</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_403_ecustom--EquityMethodInvestmentSummarizedFinancialInformationUnrealizedRentsAndReceivables_iI_pn3n3_zE56sh66k1xk" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Unrealized rents &amp; receivables</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,128</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">13</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,155</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40F_ecustom--EquityMethodInvestmentSummarizedFinancialInformationDeferredCosts_iI_pn3n3_zKlAGFGTLkb6" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Deferred costs</span></td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">2,906</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">393</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">139</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">88</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">3,526</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40B_eus-gaap--Assets_iI_pn3n3_hus-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--RealEstateTotalAssetsMember_zSzDZSshNmVj" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">   Total Assets</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$ </span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">2,906</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">199,774</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">38,505</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">131,128</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">96,551</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">468,864</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0"> </p></td></tr> <tr id="xdx_405_ecustom--EquityMethodInvestmentSummarizedFinancialInformationNotesPayable_iI_pn3n3_zPo1zAA7SbP6" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Secured notes payable</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$ </span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">129,263</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">16,000</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">66,584</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">64,954</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">276,801</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_404_ecustom--EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_iI_pn3n3_zoAwqKDzgdm3" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Other liabilities</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">2,338</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">5</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,328</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">3,014</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">10,685</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40C_eus-gaap--MinorityInterest_iI_pn3n3_hus-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--RealEstatePartnershipFRPMember_zmeBUnRjoOo9" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Capital - FRP</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,453</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">53,553</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">3,600</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">36,348</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">11,087</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">106,041</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_400_eus-gaap--StockholdersEquity_iI_pn3n3_hus-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--RealEstatePartnershipThirdPartiesMember_zhAFu7eu5jB" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Capital – Third Parties</span></td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,453</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">14,620</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">18,900</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">22,868</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">17,496</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">75,337</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40D_eus-gaap--LiabilitiesAndStockholdersEquity_iI_pn3n3_hus-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--RealEstatePartnershipTotalLiabilitiesAndCapitalMember_z0PsxdUBn2rl" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">   Total Liabilities and Capital</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$ </span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">2,906</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">199,774</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">38,505</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">131,128</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">96,551</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">468,864</span></td> <td style="layout-grid-mode: line"> </td></tr> </table>
CY2023Q1 FRPH Equity Method Investment Summarized Financial Information Investment In Real Estate Net Prior Year
EquityMethodInvestmentSummarizedFinancialInformationInvestmentInRealEstateNetPriorYear
<p id="xdx_89F_ecustom--EquityMethodInvestmentSummarizedFinancialInformationInvestmentInRealEstateNetPriorYear_zINC49s1srml" style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> <span id="xdx_8BA_zFbs0UBebiP6" style="display: none">Investments in Joint Ventures as of December 31, 2022</span></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_49C_20221231__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--BrooksvilleQuarryLLCMember_zRO9sKDV0gE5" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_49A_20221231__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--BCFRPRealtyLLCMember_zJxRG04FO7kk" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_495_20221231__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--LendingVenturesMember_zw1fCQsKfwXi" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_49E_20221231__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--ApartmentMixedUseMember_zWnsqgVb1444" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_49C_20221231_zHSot3ECAi8c" style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="11" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">As of December 31, 2022</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Total</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Brooksville</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">BC FRP</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lending</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Apartment/</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Grand</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Quarry, LLC</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Realty, LLC</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ventures</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Mixed-Use</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Total</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td> </td> <td> </td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_402_ecustom--EquityMethodInvestmentSummarizedFinancialInformationInvestmentInRealEstate_iI_pn3n3_z31eraU4q1H" style="vertical-align: bottom"> <td style="width: 45%; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Investments in real estate, net</span></td> <td style="width: 1%; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="width: 9%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">14,307</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 9%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">21,059</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 9%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,547</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 9%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">452,411</span></td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 1%; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="width: 9%; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">493,324</span></td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr id="xdx_40C_ecustom--EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalents_iI_pn3n3_zKQ3TZKVr1oj" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Cash and cash equivalents</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">66</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">99</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">7,772</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">7,937</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_403_ecustom--EquityMethodInvestmentSummarizedFinancialInformationUnrealizedRentsAndReceivables_iI_pn3n3_zO4a6VmGKpDa" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Unrealized rents &amp; receivables</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">422</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,155</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,577</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40F_ecustom--EquityMethodInvestmentSummarizedFinancialInformationDeferredCosts_iI_pn3n3_zOXyfGu4fqd5" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Deferred costs</span></td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">1</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">245</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">30</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">3,526</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">3,802</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40B_eus-gaap--Assets_iI_pn3n3_hus-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--RealEstateTotalAssetsMember_zvWqaAUX1Wbj" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">   Total Assets</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">14,374</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">21,825</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,577</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">468,864</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">510,640</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_405_ecustom--EquityMethodInvestmentSummarizedFinancialInformationNotesPayable_iI_pn3n3_z4Bqq0s8vUS3" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Secured notes payable</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">10,899</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">(10,899</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">276,801</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">276,801</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_404_ecustom--EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities_iI_pn3n3_zcvqFX3ZfMv" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Other liabilities</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">338</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">10,685</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">11,023</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40C_eus-gaap--MinorityInterest_iI_pn3n3_hus-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--RealEstatePartnershipFRPMember_zOalBTIg9jn" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Capital – FRP</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">7,522</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,294</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">16,476</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">106,041</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">135,333</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_400_eus-gaap--StockholdersEquity_iI_pn3n3_hus-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--RealEstatePartnershipThirdPartiesMember_zJcir6tuP22i" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">Capital - Third Parties</span></td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">6,852</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,294</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">0</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">75,337</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">87,483</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40D_eus-gaap--LiabilitiesAndStockholdersEquity_iI_pn3n3_hus-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--RealEstatePartnershipTotalLiabilitiesAndCapitalMember_z4ccjoYSWGZ7" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">   Total Liabilities and Capital</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">14,374</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">21,825</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">5,577</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">468,864</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 9pt">510,640</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> </table>
CY2022Q4 FRPH Equity Method Investment Summarized Financial Information Investment In Real Estate
EquityMethodInvestmentSummarizedFinancialInformationInvestmentInRealEstate
493324000 usd
CY2022Q4 FRPH Equity Method Investment Summarized Financial Information Cash And Cash Equivalents
EquityMethodInvestmentSummarizedFinancialInformationCashAndCashEquivalents
7937000 usd
CY2022Q4 FRPH Equity Method Investment Summarized Financial Information Unrealized Rents And Receivables
EquityMethodInvestmentSummarizedFinancialInformationUnrealizedRentsAndReceivables
5577000 usd
CY2022Q4 FRPH Equity Method Investment Summarized Financial Information Deferred Costs
EquityMethodInvestmentSummarizedFinancialInformationDeferredCosts
3802000 usd
CY2022Q4 FRPH Equity Method Investment Summarized Financial Information Notes Payable
EquityMethodInvestmentSummarizedFinancialInformationNotesPayable
276801000 usd
CY2022Q4 FRPH Equity Method Investment Summarized Financial Information Other Liabilities
EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities
11023000 usd
CY2023Q1 us-gaap Retained Earnings Undistributed Earnings From Equity Method Investees
RetainedEarningsUndistributedEarningsFromEquityMethodInvestees
-15638000 usd
CY2022Q4 us-gaap Retained Earnings Undistributed Earnings From Equity Method Investees
RetainedEarningsUndistributedEarningsFromEquityMethodInvestees
-13115000 usd
CY2023Q1 FRPH Equity Method Investment Summarized Financial Information Investment Income Statements
EquityMethodInvestmentSummarizedFinancialInformationInvestmentIncomeStatements
<p id="xdx_896_ecustom--EquityMethodInvestmentSummarizedFinancialInformationInvestmentIncomeStatements_z2EvlQin5f0g" style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The income statements of the <span id="xdx_8B4_z8hJH91ncZy9">Bryant Street Partnerships</span> are as follows (in thousands):</p> <table cellpadding="0" cellspacing="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" id="xdx_49E_20230101__20230331__us-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--BryantStreetPartnershipsMember_z2duvaBoid86" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bryant Street</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" id="xdx_497_20220101__20220331__us-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--BryantStreetPartnershipsMember_zK80lPCQJ9dd" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bryant Street</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" id="xdx_494_20230101__20230331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--BryantStreetPartnershipsMember_zqdytc0d0Pil" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bryant Street</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" id="xdx_490_20220101__20220331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--BryantStreetPartnershipsMember_zsqTBkj2R6m6" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Bryant Street</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Partnerships</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Partnerships</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Partnerships</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Partnerships</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total JV</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total JV</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Company Share</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Company Share</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Three Months ended</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Three Months ended</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Three Months ended</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Three Months ended</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">March 31,</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">March 31,</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">March 31,</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">March 31,</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2023</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2022</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2023</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2022</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Revenues:</b></span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_406_eus-gaap--OperatingLeasesIncomeStatementLeaseRevenue_pn3n3_z0GMnyKSkRc8" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">    Rental Revenue</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,078</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,820</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,889</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,116</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_401_eus-gaap--OtherRevenueExpenseFromRealEstateOperations_pn3n3_zRN3P1tTRYn7" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">    Revenue – other</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">512</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">348</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">314</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">214</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40E_eus-gaap--Revenues_pn3n3_zrszK56Cm956" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Revenues</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,590</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,168</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,203</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,330</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Cost of operations:</b></span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_405_eus-gaap--DepreciationAndAmortization_pn3n3_znih5tgZqwJ1" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">     Depreciation and amortization</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,621</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,497</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">995</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">919</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_406_eus-gaap--OperatingExpenses_pn3n3_z9QDaz4tjavk" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">     Operating expenses</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,378</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,330</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">845</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">815</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_404_eus-gaap--RealEstateTaxExpense_pn3n3_zLQWva8CJS5" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">     Property taxes</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">132</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">127</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">81</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">78</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_407_eus-gaap--OperatingCostsAndExpenses_pn3n3_z08SkLWADe5k" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total cost of operations</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,131</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2,954</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,921</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,812</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_400_eus-gaap--OperatingIncomeLoss_pn3n3_zzsFkuWHGc56" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Total operating profit/(loss)</b></span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">459</span></td> <td colspan="2"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(786</span></td> <td colspan="2" style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">282</span></td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(482</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> <tr id="xdx_40F_eus-gaap--InterestExpense_iN_pn3n3_di_z2vwdPVpvZs8" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest expense</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2,754</span></td> <td colspan="2" style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,465</span></td> <td colspan="2" style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,788</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">) </span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,027</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">) </span></td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_408_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_pn3n3_zKpN1nIvYg3d" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net loss before tax</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$ </span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2,295</span></td> <td colspan="2" style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2,251</span></td> <td colspan="2" style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,506</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,509</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> </table> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 12pt Tahoma, Helvetica, Sans-Serif; margin: 0"> </p>
CY2023Q1 FRPH Equity Method Investment Summarized Financial Information Investment Income Statements Greenville Woodfield
EquityMethodInvestmentSummarizedFinancialInformationInvestmentIncomeStatementsGreenvilleWoodfield
<p id="xdx_89A_ecustom--EquityMethodInvestmentSummarizedFinancialInformationInvestmentIncomeStatementsGreenvilleWoodfield_zKRO3TZNlSC6" style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The income statements of the <span id="xdx_8B3_zUu2Y1gQPOY1">Greenville Partnerships</span> are as follows (in thousands):</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_499_20230101__20230331__us-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--GreenvilleWoodfieldPartnershipsMember_zRfL39gcHeDd" style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_49B_20220101__20220331__us-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--GreenvilleWoodfieldPartnershipsMember_z6gy2U5NkKE8" style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_496_20230101__20230331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--GreenvilleWoodfieldPartnershipsMember_zhwmFBn14tce"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td id="xdx_49B_20220101__20220331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--GreenvilleWoodfieldPartnershipsMember_zkhEW8V3ocge"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Greenville</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Greenville</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Greenville</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Greenville</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Partnerships</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Partnerships</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Partnerships</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Partnerships</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total JV</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total JV</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Company Share</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Company Share</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Three Months ended</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Three Months ended</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Three Months ended</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Three Months ended</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">March 31,</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">March 31,</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">March 31,</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">March 31,</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2023</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2022</span></td> <td colspan="2" style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="2" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2023</span></td> <td style="vertical-align: bottom; layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; vertical-align: bottom; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2022</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Revenues:</b></span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_409_eus-gaap--OperatingLeasesIncomeStatementLeaseRevenue_pn3n3_zWogqswsUXf2" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">    Rental Revenue</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,167</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">570</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">467</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">228</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_401_eus-gaap--OtherRevenueExpenseFromRealEstateOperations_pn3n3_zLgURhNc2qyh" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">    Revenue – other</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">90</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">36</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">36</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40E_eus-gaap--Revenues_pn3n3_zYEbGVfFUhWk" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Revenues</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,257</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">606</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">503</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">242</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Cost of operations:</b></span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_405_eus-gaap--DepreciationAndAmortization_pn3n3_znBFhCQMcFMj" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">     Depreciation and amortization</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">676</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">384</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">270</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">154</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_406_eus-gaap--OperatingExpenses_pn3n3_z2EDnz4EfdUg" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">     Operating expenses</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">526</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">262</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">211</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">104</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_404_eus-gaap--RealEstateTaxExpense_pn3n3_zirjBJUjPRp4" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">     Property taxes</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">234</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">159</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">94</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">64</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_407_eus-gaap--OperatingCostsAndExpenses_pn3n3_zYWZXXMpYFd3" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total cost of operations</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,436</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">805</span></td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">575</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">322</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40E_eus-gaap--OperatingIncomeLoss_pn3n3_zkG4UiHCCe63" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Total operating profit/(loss)</b></span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(179</span></td> <td colspan="2" style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(199</span></td> <td colspan="2" style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(72</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(80</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> <tr id="xdx_40F_eus-gaap--InterestExpense_iN_pn3n3_di_z0WsMItXxA5k" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest expense</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(678</span></td> <td colspan="2" style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(131</span></td> <td colspan="2" style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(271</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">) </span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(52</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">) </span></td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: center"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td colspan="2" style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td> </td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_408_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_pn3n3_zpdVQoB5qLie" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net loss before tax</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$ </span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(857</span></td> <td colspan="2" style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(330</span></td> <td colspan="2" style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(343</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(132</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> <tr> <td style="width: 29%"> </td> <td style="width: 1%"> </td> <td style="width: 7%"> </td> <td style="width: 8%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 4%"> </td> <td style="width: 12%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 7%"> </td> <td style="width: 9%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 4%"> </td> <td style="width: 10%"> </td> <td style="width: 1%"> </td></tr> </table>
CY2023Q1 FRPH Equity Method Investment Summarized Financial Information Investment Income Statements Half St Owner Llc
EquityMethodInvestmentSummarizedFinancialInformationInvestmentIncomeStatementsHalfStOwnerLLC
<p id="xdx_899_ecustom--EquityMethodInvestmentSummarizedFinancialInformationInvestmentIncomeStatementsHalfStOwnerLLC_zzRVSohNJWb7" style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The income statements of the <span id="xdx_8BB_zqjTbBCOvZA4">1800 Half Street Partnership</span> are as follows (in thousands):</p> <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 12pt Tahoma, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" id="xdx_494_20230101__20230331__us-gaap--EquityMethodInvestmentNonconsolidatedInvesteeAxis__custom--HalfStOwnerLLCMember_z8uB1GKM30Y7" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1800 Half St</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" id="xdx_497_20230101__20230331__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--HalfStOwnerLLCMember_zGD3hdHYuRTf" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1800 Half St</span></td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Partnership</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Partnership</span></td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total JV</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Company Share</span></td></tr> <tr style="vertical-align: bottom"> <td> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Three Months ended</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Three Months ended</span></td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">March 31,</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">March 31,</span></td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2023</span></td> <td style="layout-grid-mode: line"> </td> <td colspan="3" style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2023</span></td></tr> <tr style="vertical-align: bottom"> <td style="width: 60%; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Revenues:</b></span></td> <td style="width: 3%; layout-grid-mode: line"> </td> <td style="width: 4%; layout-grid-mode: line"> </td> <td style="width: 11%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td> <td style="width: 3%; layout-grid-mode: line"> </td> <td style="width: 5%; layout-grid-mode: line"> </td> <td style="width: 12%; layout-grid-mode: line; text-align: right"> </td> <td style="width: 1%; layout-grid-mode: line"> </td></tr> <tr id="xdx_409_eus-gaap--OperatingLeasesIncomeStatementLeaseRevenue_pn3n3_zG61DbO4Gi14" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">    Rental Revenue</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">250</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">154</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_401_eus-gaap--OtherRevenueExpenseFromRealEstateOperations_pn3n3_zuxMSBWL5z7h" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">    Revenue – other</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">30</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">18</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40E_eus-gaap--Revenues_pn3n3_zF1oUb37e4ph" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Revenues</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">280</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">172</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Cost of operations:</b></span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_405_eus-gaap--DepreciationAndAmortization_pn3n3_zl642ibVOSud" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">     Depreciation and amortization</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,021</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">627</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_406_eus-gaap--OperatingExpenses_pn3n3_za50UJ4Rsjc9" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">     Operating expenses</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">679</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">417</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_404_eus-gaap--RealEstateTaxExpense_pn3n3_zbCgF2uPBgSc" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">     Property taxes</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">276</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">169</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_407_eus-gaap--OperatingCostsAndExpenses_pn3n3_zEiA0gGHtUca" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total cost of operations</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,976</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,213</span></td> <td style="layout-grid-mode: line"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_40E_eus-gaap--OperatingIncomeLoss_pn3n3_zqiNqtPMmmAj" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Total operating profit</b></span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,696</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,041</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> <tr id="xdx_40F_eus-gaap--InterestExpense_iN_pn3n3_di_zUcKT4i4Ba8g" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest expense</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,031</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line"> </td> <td style="border-bottom: black 1pt solid; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(632</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line"> </td> <td style="layout-grid-mode: line; text-align: right"> </td> <td style="layout-grid-mode: line"> </td></tr> <tr id="xdx_408_eus-gaap--IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_pn3n3_z3PrAhHmKIz5" style="vertical-align: bottom"> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net profit before tax</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$ </span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2,727</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td> <td style="layout-grid-mode: line"> </td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 2.25pt double; layout-grid-mode: line; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,673</span></td> <td style="layout-grid-mode: line"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> </table>

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