Debt (Tables)

12 Months Ended

Dec. 31, 2014

Debt Disclosure [Abstract]

Debt

Debt consists of the following:

	December 31, 2014		December 31, 2013
In-substance defeased debt, interest payable monthly at 5.62% at December 31, 2014 and 2013, secured and paid by pledged treasury securities, due October 1, 2015	$	25,670	$	26,260
Community Development District debt, secured by certain real estate and standby note purchase agreements, due May 2016 — May 2039, bearing interest at 2.55% to 7.0% at December 31, 2014 and 2013	6,516		11,512
Construction loan in the Pier Park North joint venture, due February 2016, bearing interest at LIBOR plus 210 basis points, or 2.26% and 2.27% at December 31, 2014 and 2013, respectively	31,618		6,445
Total debt	$	63,804	$	44,217

Maturities of Debt

The aggregate maturities of debt subsequent to December 31, 2014 are^(a):

	December 31, 2014
2015	$	25,783
2016	31,735
2017	121
2018	126
2019	130
Thereafter	5,909
	$	63,804

(a) Includes debt defeased in connection with the sale of the Company’s office portfolio in the amount of $25.7 million.