secwatch.observer — SEC 8-K summary
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Issuer:     FRP HOLDINGS, INC. (FRPH)
CIK:        0000844059
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0000844059-23-000019
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FRP Holdings Q1 net income $0.06/share vs $0.07; pro-rata NOI up 34.9%
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- Q1 net income of $565K ($0.06 EPS) vs $672K ($0.07) prior year; operating profit increased $1.49M.
- Pro-rata NOI rose 34.9% to $6.99M; Mining Royalty revenue hit record quarter.
- Asset Management NOI up 60.6% to $787K; 99.4% leased across industrial portfolio.
- Development: Amber Ridge 144 of 187 lots sold; The Verge 32% leased; .408 Jackson 52.9% leased.
- Stabilized JV: The Maren 96.6% leased, Dock 79 92.5% leased; Riverside 96.5% leased.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/844059/000084405923000019/0000844059-23-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/844059/000084405923000019/frphmarq23_8k.htm
  HTML page:      https://secwatch.observer/filing/0000844059-23-000019

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