FRP HOLDINGS, INC. (FRPH)
FRP HOLDINGS, INC. (FRPH)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Land | 182,887 | 182,936 | 180,121 | 168,927 |
| Buildings and improvements | 310,168 | 309,132 | 308,807 | 308,561 |
| Projects under construction | 57,354 | 45,032 | 29,548 | 16,167 |
| Total investments in properties | 550,409 | 537,100 | 518,476 | 493,655 |
| Less accumulated depreciation and depletion | 91,412 | 88,558 | 85,746 | 82,916 |
| Net investments in properties | 458,997 | 448,542 | 432,730 | 410,739 |
| Real estate held for investment, at cost | 12,741 | 12,626 | 12,484 | 12,312 |
| Investments in joint ventures | 155,065 | 153,084 | 143,298 | 139,098 |
| Net real estate investments | 626,803 | 614,252 | 588,512 | 562,149 |
| Cash and cash equivalents | NaN | NaN | 134,853 | 153,167 |
| Cash held in escrow | NaN | NaN | 966 | 1,266 |
| Cash, cash equivalents and restricted cash including 10,889 and 11,394 of restricted cash at march 31, 2026 and december 31, 2025, respectively | 107,859 | 105,361 | NaN | NaN |
| Accounts receivable, net | 1,950 | 1,874 | 1,560 | 1,586 |
| Federal and state income taxes receivable | 1,279 | 1,071 | 961 | 778 |
| Unrealized rents | 1,299 | 1,264 | 1,262 | 1,264 |
| Deferred costs | 3,637 | 3,768 | 2,509 | 1,942 |
| Goodwill | 6,893 | 6,893 | NaN | NaN |
| Other assets | 669 | 662 | 637 | 630 |
| Total assets | 750,389 | 735,145 | 731,260 | 722,782 |
| Secured notes payable | NaN | 192,554 | 185,338 | 180,371 |
| Notes payable, net | 203,916 | NaN | NaN | NaN |
| Accounts payable and accrued liabilities | 17,122 | 12,148 | 9,365 | 6,739 |
| Other liabilities | 2,407 | 2,317 | 1,487 | 1,487 |
| Federal and state income taxes payable | NaN | 0 | 0 | 0 |
| Deferred revenue | 3,401 | 3,356 | 2,973 | 2,842 |
| Deferred income taxes | 66,901 | 66,900 | 67,655 | 67,655 |
| Deferred compensation | 1,546 | 1,524 | 1,508 | 1,494 |
| Tenant security deposits | 699 | 689 | 738 | 780 |
| Total liabilities | 295,992 | 279,488 | 269,064 | 261,368 |
| Common stock, .10 par value 25,000,000 shares authorized, 19,170,275 and 19,109,541 shares issued and outstanding, respectively | 1,917 | 1,911 | 1,911 | 1,911 |
| Capital in excess of par value | 71,730 | 71,368 | 70,558 | 70,196 |
| Retained earnings | 354,523 | 355,210 | 355,217 | 354,555 |
| Accumulated other comprehensive income, net | 8 | 24 | 32 | 40 |
| Total shareholders equity | 428,178 | 428,513 | 427,718 | 426,702 |
| Noncontrolling interests | 26,219 | 27,144 | 34,478 | 34,712 |
| Total equity | 454,397 | 455,657 | 462,196 | 461,414 |
| Total liabilities and equity | 750,389 | 735,145 | 731,260 | 722,782 |