Debt (Tables)

6 Months Ended

Jun. 30, 2014

Debt Disclosure [Abstract]

Debt

Debt consists of the following:

	June 30, 2014		December 31, 2013
In-substance defeased debt, interest payable monthly at 5.62% at June 30, 2014 and December 31, 2013, secured and paid by pledged treasury securities, due October 1, 2015	$	25,967	$	26,260
Community Development District debt, secured by certain real estate and standby note purchase agreements, due May 2016 — May 2039, bearing interest at 2.25% to 7.15% at June 30, 2014 and December 31, 2013	5,870		11,512
Construction loan in the Pier Park North joint venture, due February 2016, bearing interest at LIBOR plus 210 basis points, or 2.25% and 2.27% at June 30, 2014 and December 31, 2013, respectively	22,416		6,445
Total debt	$	54,253	$	44,217

Maturities of Debt

The aggregate maturities of debt subsequent to June 30, 2014 are:

	June 30, 2014
2014	$	297
2015	25,783
2016	22,533
2017	121
2018	126
Thereafter	5,393
	$	54,253