XML 37 R78.htm IDEA: XBRL DOCUMENT v3.19.3
Debt - Debt Agreements (Details)
$ in Thousands
1 Months Ended 120 Months Ended
Aug. 31, 2019
USD ($)
Jun. 30, 2019
USD ($)
May 31, 2019
USD ($)
May 31, 2018
USD ($)
item
Jun. 30, 2030
Sep. 30, 2019
USD ($)
Dec. 31, 2018
USD ($)
Feb. 28, 2018
USD ($)
Mar. 31, 2017
USD ($)
Oct. 31, 2015
USD ($)
Debt instruments                    
Total Community Development District debt           $ 18,800 $ 19,900      
Principal balance           87,130 70,976      
PPN JV Loan, due November 2025, bearing interest at 4.1%                    
Debt instruments                    
Loan amount                   $ 48,200
Principal balance           45,745 46,423      
Pier Park Outparcel Construction Loan, due March 2027, bearing interest at LIBOR plus 1.7%                    
Debt instruments                    
Loan amount                 $ 1,600  
Principal balance           1,550 1,585      
Pier Park Crossings JV Loan, due June 2060, bearing interest at 4.0%                    
Debt instruments                    
Loan amount       $ 36,600            
Debt instrument, period subject to interest payments only       24 months            
Principal balance           29,717 15,399      
Pier Park Crossings JV Loan, due June 2060, bearing interest at 4.0% | Minimum | Forecast                    
Debt instruments                    
Prepayment premium, as a percent of principal repaid         1.00%          
Pier Park Crossings JV Loan, due June 2060, bearing interest at 4.0% | Maximum | Forecast                    
Debt instruments                    
Prepayment premium, as a percent of principal repaid         10.00%          
WaterColor Crossings Construction Loan, due February 2029, bearing interest at LIBOR plus 1.7%                    
Debt instruments                    
Loan amount               $ 1,900    
Principal balance           1,434 $ 1,245      
Beach Homes Loan, due May 2029, bearing interest at LIBOR plus 1.7%.                    
Debt instruments                    
Loan amount       $ 1,700            
Number of homes financed | item       2            
Principal balance           1,605        
Origins Crossings JV Loan, due May 2024                    
Debt instruments                    
Loan amount     $ 37,900              
Debt instrument, period subject to interest payments only     30 months              
Principal balance           0        
Loan costs           500        
Watercrest JV Loan, due June 2047                    
Debt instruments                    
Loan amount   $ 22,500                
Debt instrument, period subject to interest payments only   36 months                
Notional amount   $ 20,000                
Fixed interest rate (as a percent)   4.37%                
Principal balance           0        
Loan costs           300        
Beckrich Building III Loan, due August 2029                    
Debt instruments                    
Loan amount $ 5,500                  
Debt instrument, period subject to interest payments only 12 months                  
Principal balance           0        
Loan costs           $ 100