Debt (Tables)

12 Months Ended

Dec. 31, 2018

Debt

Schedule of Debt

Debt consists of the following:

	December 31, 2018						December 31, 2017
			Unamortized						Unamortized
			Discount and						Discount and
			Debt Issuance						Debt Issuance
	Principal		Costs		Net		Principal		Costs		Net
PPN JV Loan, due November 2025, bearing interest at 4.1%	$	46,423	$	446	$	45,977	$	47,295	$	512	$	46,783
Loan in the Pier Park Crossings JV, insured by HUD, due June 2060, bearing interest at 4.0%		15,399		1,114		14,285		—		—		—
Community Development District debt, secured by certain real estate or other collateral, due May 2023 through May 2039, bearing interest at 3.6% to 6.0%		6,324		—		6,324		7,241		—		7,241
Pier Park Outparcel Construction Loan, due March 2027, bearing interest at LIBOR plus 1.7% (effective rate of 4.2% at December 31, 2018)		1,585		16		1,569		1,624		18		1,606
WaterColor Crossings Construction Loan, due February 2029, bearing interest at LIBOR plus 1.7% (effective rate of 4.2% at December 31, 2018)		1,245		26		1,219		—		—		—
Total debt	$	70,976	$	1,602	$	69,374	$	56,160	$	530	$	55,630

Schedule of Aggregate Maturities of Debt

	December 31,
	2018
2019	$	1,675
2020		1,778
2021		1,962
2022		1,942
2023		1,910
Thereafter		61,709
	$	70,976