{"schema_version":"secwatch.filing_event.v1","accession":"0000844059-25-000062","form_type":"8-K","ticker":"FRPH","cik":"0000844059","company_name":"FRP HOLDINGS, INC.","filed_at":"2025-11-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.345298+00:00","generated_at":"2026-05-17T00:29:01.353565+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FRP Holdings Q3 net income down 51%; Altman acquisition adds $1.3M expense","bullets":["Net income $662K ($0.03 EPS) vs $1.36M ($0.07 EPS) in Q3 2024, hit by $1.3M Altman acquisition costs.","Pro rata NOI $9.5M, down 16% YoY, but up $0.1M excluding non-recurring $1.9M minimum royalty in prior year.","Multifamily NOI fell 3% on higher uncollectable revenue; Industrial & Commercial NOI dropped 25% on tenant eviction and lease expirations.","Mining Royalty NOI down 26% due to prior year catch-up; adjusted +16% on higher tonnage and pricing.","Subsequent to quarter: Altman Logistics platform acquired; entered JV with SREP for 377,892 sq ft warehouses in Florida."],"urls":{"canonical":"https://secwatch.observer/filing/0000844059-25-000062","json":"https://secwatch.observer/filing/0000844059-25-000062.json","markdown":"https://secwatch.observer/filing/0000844059-25-000062.md","text":"https://secwatch.observer/filing/0000844059-25-000062.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/844059/000084405925000062/0000844059-25-000062-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/844059/000084405925000062/frph-20251105.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:29:01.353565+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}