Form N-CSR Cover
Form N-CSR Cover | 6 Months Ended |
May 31, 2024 | |
Shareholder Report [Line Items] | |
Document Type | N-CSRS |
Amendment Flag | false |
Registrant Name | FAIRHOLME FUNDS INC |
Entity Central Index Key | 0001096344 |
Entity Investment Company Type | N-1A |
Document Period End Date | May 31, 2024 |
Shareholder Report
Shareholder Report | 6 Months Ended |
May 31, 2024 USD ($) Holding | |
Shareholder Report [Line Items] | |
Document Type | N-CSRS |
Amendment Flag | false |
Registrant Name | FAIRHOLME FUNDS INC |
Entity Central Index Key | 0001096344 |
Entity Investment Company Type | N-1A |
Document Period End Date | May 31, 2024 |
C000023273 | |
Shareholder Report [Line Items] | |
Fund Name | The Fairholme Fund |
Trading Symbol | FAIRX |
Annual or Semi-Annual Statement [Text Block] | Semi-Annual Shareholder Report |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | This semi-annual shareholder report contains important information about The Fairholme Fund (the "Fund") for the period of December 1, 2023 to May 31, 2024. You can find additional information about the Fund at www.fairholmefunds.com/prospectus |
Additional Information Phone Number | (866) 202-2263 |
Additional Information Website | www.fairholmefunds.com/prospectus</span>" id="sjs-B18"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 400; grid-area: auto; line-height: 20px; margin: 0px; overflow: visible; text-align: left; height: auto; max-height: none; min-height: 0px;">www.fairholmefunds.com/prospectus</span> |
Expenses [Text Block] | What were the Fund's costs for the last six months? (based on a hypothetical $10,000 investment) Costs of a $10,000 investment Costs paid as percentage of a $10,000 investment The Fairholme Fund $42 0.80% |
Expenses Paid, Amount | $ 42 |
Expense Ratio, Percent | 0.80% |
Line Graph [Table Text Block] | The Fairholme Fund S&P 500 Index 2014 $10,000 $10,000 2015 $9,140 $11,181 2016 $8,168 $11,372 2017 $9,059 $13,359 2018 $8,849 $15,281 2019 $9,141 $15,859 2020 $8,963 $17,895 2021 $14,681 $25,109 2022 $14,973 $25,034 2023 $14,006 $25,766 2024 $17,071 $33,028 |
Average Annual Return [Table Text Block] | 1 Year 5 years 10 years The Fairholme Fund 21.88% 13.31% 5.49% S&P 500 Index 28.19% 15.80% 12.69% |
AssetsNet | $ 1,320,333,394 |
Holdings Count | Holding | 12 |
InvestmentCompanyPortfolioTurnover | 1.51% |
Additional Fund Statistics [Text Block] | Fund Statistics Net Assets $1,320,333,394 # of Portfolio Holdings 12 Portfolio Turnover Rate 1.51% |
Holdings [Text Block] | Top Holdings The St. Joe Co. 78.3% Enterprise Products Partners LP 6.4% Imperial Metals Corp. 0.7% Berkshire Hathaway Inc. 0.7% Federal National Mortgage Association 0.1% |
Material Fund Change [Text Block] | |
C000082377 | |
Shareholder Report [Line Items] | |
Fund Name | The Fairholme Focused Income Fund |
Trading Symbol | FOCIX |
Annual or Semi-Annual Statement [Text Block] | Semi-Annual Shareholder Report |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | This semi-annual shareholder report contains important information about The Fairholme Focused Income Fund (the "Fund") for the period of December 1, 2023 to May 31, 2024. You can find additional information about the Fund at www.fairholmefunds.com/prospectus |
Additional Information Phone Number | (866) 202-2263 |
Additional Information Website | www.fairholmefunds.com/prospectus</span>" id="sjs-B38"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 400; grid-area: auto; line-height: 20px; margin: 0px; overflow: visible; text-align: left; height: auto; max-height: none; min-height: 0px;">www.fairholmefunds.com/prospectus</span> |
Expenses [Text Block] | What were the Fund's costs for the last six months? (based on a hypothetical $10,000 investment) Costs of a $10,000 investment Costs paid as percentage of a $10,000 investment The Fairholme Focused Income Fund $41 0.80% |
Expenses Paid, Amount | $ 41 |
Expense Ratio, Percent | 0.80% |
Line Graph [Table Text Block] | The Fairholme Focused Income Fund Bloomberg U.S. Aggregate Bond Index 2014 $10,000 $10,000 2015 $9,905 $10,303 2016 $9,981 $10,612 2017 $11,644 $10,779 2018 $12,037 $10,739 2019 $12,066 $11,426 2020 $11,099 $12,502 2021 $13,063 $12,452 2022 $13,762 $11,428 2023 $14,075 $11,183 2024 $16,202 $11,329 |
Average Annual Return [Table Text Block] | 1 Year 5 years 10 years The Fairholme Focused Income Fund 15.11% 6.07% 4.94% Bloomberg U.S. Aggregate Bond Index 1.31% - 1.26% |
AssetsNet | $ 211,685,692 |
Holdings Count | Holding | 12 |
InvestmentCompanyPortfolioTurnover | 37.46% |
Additional Fund Statistics [Text Block] | Fund Statistics Net Assets $211,685,692 # of Portfolio Holdings 12 Portfolio Turnover Rate 37.46% |
Holdings [Text Block] | Top Holdings Enterprise Products Partners LP 27.4% Bank OZK 7.2% Berkshire Hathaway Inc. 5.2% W. R. Berkley Corp. 3.6% Federal Home Loan Mortgage Corp. 1.0% |
Material Fund Change [Text Block] |
Shareholder Report, Line Graph
Shareholder Report, Line Graph (Details) - USD ($) | 6 Months Ended | ||||||||||
May 31, 2024 | May 31, 2014 | May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | May 31, 2019 | May 31, 2018 | May 31, 2017 | May 31, 2016 | May 31, 2015 | |
C000023273 | |||||||||||
Account Value [Line Items] | |||||||||||
Line Graph and Table Measure Name | S&P 500 Index | The Fairholme Fund | |||||||||
C000082377 | |||||||||||
Account Value [Line Items] | |||||||||||
Line Graph and Table Measure Name | Bloomberg U.S. Aggregate Bond Index | The Fairholme Focused Income Fund | |||||||||
S&P 500 Index | |||||||||||
Account Value [Line Items] | |||||||||||
Account Value | $ 33,028 | $ 10,000 | $ 25,766 | $ 25,034 | $ 25,109 | $ 17,895 | $ 15,859 | $ 15,281 | $ 13,359 | $ 11,372 | $ 11,181 |
Bloomberg U.S. Aggregate Bond Index | |||||||||||
Account Value [Line Items] | |||||||||||
Account Value | $ 11,329 | $ 10,000 | $ 11,183 | $ 11,428 | $ 12,452 | $ 12,502 | $ 11,426 | $ 10,739 | $ 10,779 | $ 10,612 | $ 10,303 |
Shareholder Report, Average Ann
Shareholder Report, Average Annual Return (Details) | 6 Months Ended | 12 Months Ended | 60 Months Ended | 120 Months Ended | |
May 31, 2024 | May 31, 2014 | May 31, 2024 | May 31, 2024 | May 31, 2024 | |
C000023273 | |||||
Average Annual Return [Line Items] | |||||
Line Graph and Table Measure Name | S&P 500 Index | The Fairholme Fund | |||
C000082377 | |||||
Average Annual Return [Line Items] | |||||
Line Graph and Table Measure Name | Bloomberg U.S. Aggregate Bond Index | The Fairholme Focused Income Fund | |||
Without Sales Load [Member] | C000023273 | |||||
Average Annual Return [Line Items] | |||||
Average Annual Return, Percent | 21.88% | 13.31% | 5.49% | ||
Without Sales Load [Member] | C000082377 | |||||
Average Annual Return [Line Items] | |||||
Average Annual Return, Percent | 15.11% | 6.07% | 4.94% | ||
S&P 500 Index | |||||
Average Annual Return [Line Items] | |||||
Average Annual Return, Percent | 28.19% | 15.80% | 12.69% | ||
Bloomberg U.S. Aggregate Bond Index | |||||
Average Annual Return [Line Items] | |||||
Average Annual Return, Percent | 1.31% | (0.17%) | 1.26% |
Shareholder Report, Holdings (D
Shareholder Report, Holdings (Details) | May 31, 2024 |
C000023273 | The St. Joe Co. | |
Holdings [Line Items] | |
Percent of Net Asset Value | 78.30% |
C000023273 | Enterprise Products Partners LP | |
Holdings [Line Items] | |
Percent of Net Asset Value | 6.40% |
C000023273 | Imperial Metals Corp. | |
Holdings [Line Items] | |
Percent of Net Asset Value | 0.70% |
C000023273 | Berkshire Hathaway Inc. | |
Holdings [Line Items] | |
Percent of Net Asset Value | 0.70% |
C000023273 | Federal National Mortgage Association | |
Holdings [Line Items] | |
Percent of Net Asset Value | 0.10% |
C000082377 | Enterprise Products Partners LP | |
Holdings [Line Items] | |
Percent of Net Asset Value | 27.40% |
C000082377 | Berkshire Hathaway Inc. | |
Holdings [Line Items] | |
Percent of Net Asset Value | 5.20% |
C000082377 | Bank OZK | |
Holdings [Line Items] | |
Percent of Net Asset Value | 7.20% |
C000082377 | W. R. Berkley Corp. | |
Holdings [Line Items] | |
Percent of Net Asset Value | 3.60% |
C000082377 | Federal Home Loan Mortgage Corp. | |
Holdings [Line Items] | |
Percent of Net Asset Value | 1% |