XML 77 R66.htm IDEA: XBRL DOCUMENT v3.10.0.1
Debt, Net - Schedule of Debt (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2018
Dec. 31, 2017
Debt instruments    
Debt, Principal $ 60,819 $ 56,160
Unamortized Discount and Debt Issuance Costs 1,653 530
Debt, Net 59,166 55,630
PPN JV Loan, due November 2025, bearing interest at 4.1%    
Debt instruments    
Debt, Principal 46,863 47,295
Unamortized Discount and Debt Issuance Costs 479 512
Debt, Net $ 46,384 $ 46,783
Debt interest rate (as a percent) 4.10% 4.10%
Loan in Pier Park Crossings JV, due June 2060, bearing interest at 4.0%    
Debt instruments    
Debt, Principal $ 5,040  
Unamortized Discount and Debt Issuance Costs 1,130  
Debt, Net $ 3,910  
Debt interest rate (as a percent) 4.00%  
Community Development District debt    
Debt instruments    
Debt, Principal $ 6,608 $ 7,241
Debt, Net 6,608 7,241
Pier Park Outparcel Construction Loan, due March 2027, bearing interest at LIBOR plus 1.7%    
Debt instruments    
Debt, Principal 1,611 1,624
Unamortized Discount and Debt Issuance Costs 17 18
Debt, Net $ 1,594 $ 1,606
Basis spread on variable rate 1.70% 1.70%
Effective interest rate (as a percent) 3.80% 3.30%
WaterColor Crossings Construction Loan, due February 2029, bearing interest at LIBOR plus 1.7%    
Debt instruments    
Debt, Principal $ 697  
Unamortized Discount and Debt Issuance Costs 27  
Debt, Net $ 670  
Basis spread on variable rate 1.70%  
Effective interest rate (as a percent) 3.80%  
Minimum | Community Development District debt    
Debt instruments    
Debt interest rate (as a percent) 3.60% 3.60%
Maximum | Community Development District debt    
Debt instruments    
Debt interest rate (as a percent) 6.00% 7.00%