Debt (Tables)

9 Months Ended

Sep. 30, 2019

Debt

Schedule of Debt

	September 30, 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%	$	45,745	$	396	$	45,349	$	46,423	$	446	$	45,977
Pier Park Crossings JV Loan, insured by HUD, due June 2060, bearing interest at 4.0%		29,717		1,094		28,623		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%		7,079		—		7,079		6,324		—		6,324
Beach Homes Loan, due May 2029, bearing interest at LIBOR plus 1.7% (effective rate of 3.7% at September 30, 2019)		1,605		20		1,585		—		—		—
Pier Park Outparcel Construction Loan, due March 2027, bearing interest at LIBOR plus 1.7% (effective rate of 3.7% at September 30, 2019)		1,550		15		1,535		1,585		16		1,569
WaterColor Crossings Construction Loan, due February 2029, bearing interest at LIBOR plus 1.7% (effective rate of 3.7% at September 30, 2019)		1,434		24		1,410		1,245		26		1,219
Total debt	$	87,130	$	1,549	$	85,581	$	70,976	$	1,602	$	69,374

Schedule of Aggregate Maturities of Debt

The aggregate maturities of debt subsequent to September 30, 2019, for the years ending December 31 are:

	September 30,
	2019
2019	$	294
2020		2,013
2021		2,221
2022		2,235
2023		2,260
Thereafter		78,107
	$	87,130