Debt (Tables)

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Debt

Debt consists of the following:

	December 31, 2015		December 31, 2014
Refinanced Loan in the Pier Park North joint venture, due November 2025, bearing interest at 4.1% at December 31, 2015	$	48,200	$	—
Community Development District debt, secured by certain real estate and standby note purchase agreements, due May 2016 — May 2039, bearing interest at 2.80% to 7.0% at December 31, 2015 and 2.55% to 7.0% at December 31, 2014	6,994		6,516
Construction loan in the Pier Park North joint venture, paid in October 2015, bearing interest at LIBOR plus 210 basis points, or 2.26% at December 31, 2014	—		31,618
In-substance defeased debt, interest payable at 5.62%, secured and paid by pledged cash and treasury securities, due and paid October 1, 2015	—		25,670
Total debt	$	55,194	$	63,804

Maturities of Debt

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

	December 31, 2015
2016	$	248
2017	988
2018	1,029
2019	1,071
2020	1,116
Thereafter	50,742
	$	55,194