Debt (Tables)

3 Months Ended

Mar. 31, 2015

Debt Disclosure [Abstract]

Debt

Debt consists of the following:

	March 31, 2015		December 31, 2014
In-substance defeased debt, interest payable at 5.62%, secured and paid by pledged treasury securities, due October 1, 2015	$	25,512	$	25,670
Community Development District debt, secured by certain real estate and standby note purchase agreements, due through May 2039, interest payable at 2.25% to 7.0%	7,186		6,516
Construction loan in the Pier Park North joint venture, due February 2016, bearing interest at LIBOR plus 210 basis points, or 2.27% and 2.26% at March 31, 2015 and December 31, 2014, respectively	33,789		31,618
Total debt	$	66,487	$	63,804

Maturities of Debt

The aggregate maturities of debt subsequent to March 31, 2015 are:

	March 31, 2015
2015	25,625
2016	33,906
2017	121
2018	126
2019	130
Thereafter	6,579
	$	66,487