XML 44 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
ASSETS    
Investment in real estate, net $ 321,122us-gaap_RealEstateInvestmentPropertyNet $ 321,812us-gaap_RealEstateInvestmentPropertyNet
Cash and cash equivalents 289,708us-gaap_CashAndCashEquivalentsAtCarryingValue 34,515us-gaap_CashAndCashEquivalentsAtCarryingValue
Investments 385,380us-gaap_Investments 636,878us-gaap_Investments
Restricted investments 7,099us-gaap_RestrictedInvestments 7,940us-gaap_RestrictedInvestments
Notes receivable, net 22,354us-gaap_NotesReceivableNet 24,270us-gaap_NotesReceivableNet
Pledged treasury securities 25,512us-gaap_HeldToMaturitySecuritiesRestricted 25,670us-gaap_HeldToMaturitySecuritiesRestricted
Property and equipment, net of accumulated depreciation of $61.4 million and $60.3 million at March 31, 2015 and December 31, 2014, respectively 10,505us-gaap_PropertyPlantAndEquipmentNet 10,203us-gaap_PropertyPlantAndEquipmentNet
Other assets 34,400us-gaap_OtherAssets 31,990us-gaap_OtherAssets
Investments held by special purpose entities 209,412joe_InvestmentsHeldBySpecialPurposeEntity 209,857joe_InvestmentsHeldBySpecialPurposeEntity
Total assets 1,305,492us-gaap_Assets 1,303,135us-gaap_Assets
LIABILITIES:    
Debt 66,487us-gaap_LongTermDebt 63,804us-gaap_LongTermDebt
Accounts payable 14,826us-gaap_AccountsPayableCurrentAndNoncurrent 12,554us-gaap_AccountsPayableCurrentAndNoncurrent
Accrued liabilities and deferred credits 32,588joe_AccruedLiabilitiesAndDeferredRevenueCombined 34,911joe_AccruedLiabilitiesAndDeferredRevenueCombined
Deferred tax liabilities 35,467us-gaap_DeferredTaxLiabilities 34,824us-gaap_DeferredTaxLiabilities
Senior Notes held by special purpose entities 177,366joe_SeniorNotesHeldBySpecialPurposeEntity 177,341joe_SeniorNotesHeldBySpecialPurposeEntity
Total liabilities 326,734us-gaap_Liabilities 323,434us-gaap_Liabilities
EQUITY:    
Common stock, no par value; 180,000,000 shares authorized; 92,322,905 issued and 92,302,636 outstanding at March 31, 2015 and December 31, 2014 892,237us-gaap_CommonStockValueOutstanding 892,237us-gaap_CommonStockValueOutstanding
Retained earnings 78,844us-gaap_RetainedEarningsAccumulatedDeficit 80,582us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (552)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (1,325)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Treasury stock at cost, 20,269 held at March 31, 2015 and December 31, 2014 (285)us-gaap_TreasuryStockValue (285)us-gaap_TreasuryStockValue
Total stockholders' equity 970,244us-gaap_StockholdersEquity 971,209us-gaap_StockholdersEquity
Non-controlling interest 8,514us-gaap_MinorityInterest 8,492us-gaap_MinorityInterest
Total equity 978,758us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 979,701us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity 1,305,492us-gaap_LiabilitiesAndStockholdersEquity 1,303,135us-gaap_LiabilitiesAndStockholdersEquity
Variable Interest Entities    
ASSETS    
Investment in real estate, net 44,865us-gaap_RealEstateInvestmentPropertyNet
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
43,709us-gaap_RealEstateInvestmentPropertyNet
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Cash and cash equivalents 3,920us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
3,455us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Other assets 7,618us-gaap_OtherAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
8,781us-gaap_OtherAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Investments held by special purpose entities 209,412joe_InvestmentsHeldBySpecialPurposeEntity
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
209,857joe_InvestmentsHeldBySpecialPurposeEntity
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Total assets 265,815us-gaap_Assets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
265,802us-gaap_Assets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
LIABILITIES:    
Debt 33,789us-gaap_LongTermDebt
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
31,618us-gaap_LongTermDebt
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Accounts payable 1,425us-gaap_AccountsPayableCurrentAndNoncurrent
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
1,511us-gaap_AccountsPayableCurrentAndNoncurrent
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Accrued liabilities and deferred credits 2,064joe_AccruedLiabilitiesAndDeferredRevenueCombined
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
4,142joe_AccruedLiabilitiesAndDeferredRevenueCombined
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Senior Notes held by special purpose entities 177,366joe_SeniorNotesHeldBySpecialPurposeEntity
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
177,341joe_SeniorNotesHeldBySpecialPurposeEntity
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Total liabilities $ 214,644us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
$ 214,612us-gaap_Liabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember