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Revenues (Tables)
 6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue disaggregated by revenue source
The following presents the Company’s revenues disaggregated by revenue source:
Three Months Ended June 30,Six Months Ended June 30,
thousands2022202120222021
Revenues from contracts with customers
Recognized at a point in time:
Condominium rights and unit sales$21,420 $12,861 $41,036 $50,028 
Master Planned Communities land sales84,979 58,342 146,447 95,819 
Builder price participation18,471 11,389 32,967 18,183 
Total124,870 82,592 220,450 164,030 
Recognized at a point in time or over time:
Other land, rental and property revenues47,783 41,389 67,320 64,632 
Rental and lease-related revenues
Rental revenue104,055 88,476 199,164 174,375 
Total revenues$276,708 $212,457 $486,934 $403,037 
Revenues by segment
Operating Assets revenues$118,562 $113,422 $218,249 $209,861 
Master Planned Communities revenues108,110 74,578 188,802 122,865 
Seaport revenues28,176 10,898 37,552 18,351 
Strategic Developments revenues21,846 13,466 42,302 51,766 
Corporate revenues14 93 29 194 
Total revenues$276,708 $212,457 $486,934 $403,037 
Contract with customer, assets and liabilities The beginning and ending balances of contract liabilities and significant activity during the periods presented are as follows:
thousandsContract Liabilities
Balance at December 31, 2021
$431,177 
Consideration earned during the period(102,087)
Consideration received during the period175,343 
Balance at June 30, 2022
$504,433 
Balance at December 31, 2020
$360,416 
Consideration earned during the period(71,778)
Consideration received during the period127,030 
Balance at June 30, 2021
$415,668 
Remaining performance obligation, expected timing of satisfaction The Company expects to recognize this amount as revenue over the following periods:
thousandsLess than 1 year1-2 yearsThereafter
Total remaining unsatisfied performance obligations$837,073 $796,429 $998,870