Debt (Tables)

3 Months Ended

Mar. 31, 2019

Debt

Schedule of Debt

	March 31, 2019						December 31, 2018
			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%	$	46,199	$	429	$	45,770	$	46,423	$	446	$	45,977
Pier Park Crossings JV Loan, insured by HUD, due June 2060, bearing interest at 4.0%		21,697		1,107		20,590		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%		7,695		—		7,695		6,324		—		6,324
Pier Park Outparcel Construction Loan, due March 2027, bearing interest at LIBOR plus 1.7% (effective rate of 4.2% at March 31, 2019)		1,574		16		1,558		1,585		16		1,569
WaterColor Crossings Construction Loan, due February 2029, bearing interest at LIBOR plus 1.7% (effective rate of 4.2% at March 31, 2019)		1,478		25		1,453		1,245		26		1,219
Beach Homes Loan, due May 2029, bearing interest at LIBOR plus 1.7% (effective rate of 4.2% at March 31, 2019)		747		21		726		—		—		—
Total debt	$	79,390	$	1,598	$	77,792	$	70,976	$	1,602	$	69,374

Schedule of Aggregate Maturities of Debt

The aggregate maturities of debt subsequent to March 31, 2019, for the years ending December 31 are:

	March 31,
	2019
2019	$	1,457
2020		1,968
2021		2,174
2022		2,189
2023		2,212
Thereafter		69,390
	$	79,390