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Debt (Tables)

3 Months Ended

Mar. 31, 2017

Debt Disclosure [Abstract]

Debt consists of the following at March 31, 2017:



	Principal				Unamortized Discount and Debt Issuance Costs				Net
Refinanced loan in the Pier Park North JV, due November 2025, bearing interest at 4.1%	$	47,926			$	584			$	47,342
Community Development District debt, secured by certain real estate or other collateral, due May 2031 - May 2039, bearing interest at 3.4% to 7.0% at March 31, 2017	7,695				—				7,695
Construction loan, due March 2027, bearing interest at LIBOR plus 1.7% (effective rate of 2.7% at March 31, 2017)	508				20				488
Total debt	$	56,129			$	604			$	55,525

Debt consists of the following at December 31, 2016:



	Principal				Unamortized Discount and Debt Issuance Costs				Net
Refinanced loan in the Pier Park North JV, due November 2025, bearing interest at 4.1%	$	48,132			$	613			$	47,519
Community Development District debt, secured by certain real estate or other collateral, due May 2031 - May 2039, bearing interest at 3.4% to 7.0% at December 31, 2016	7,521				—				7,521
Total debt	$	55,653			$	613			$	55,040

Maturities of Debt

The aggregate maturities of debt subsequent to March 31, 2017 are:



	March 31, 2017
2017	$	784
2018	1,047
2019	1,094
2020	1,139
2021	1,186
Thereafter	50,879
	$	56,129