Income Taxes - Summary of Tax Effects and Temporary Differences Included in Net Deferred Tax Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Deferred tax assets:
Operating and Strategic Developments properties and fixed assets	$ 204,228	$ 22,447
Investments in unconsolidated ventures	11,577	6,698
Accrued expenses	6,924	6,282
Prepaid expenses	2,020	1,972
Other	1,723	0
Operating loss and tax carryforwards	52,317	65,829
Total deferred tax assets	278,789	103,228
Valuation allowance	(62,913)	(39,478)
Total net deferred tax assets	215,876	63,750
Deferred tax liabilities:
Master Planned Communities properties	(208,347)	(214,046)
Deferred income	(76,908)	(86,104)
Accounts receivable	(18,686)	(17,761)
Other	0	(175)
Total deferred tax liabilities	(303,941)	(318,086)
Total net deferred tax liabilities	$ (88,065)	$ (254,336)

The tax effect as of the balance sheet date of the amount of future tax deductions arising from all unused tax credit carryforwards which have been reduced by a valuation allowance and the amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards.

No definition available.