Debt, Net (Tables)

12 Months Ended

Dec. 31, 2019

Debt

Schedule of Debt

Debt consists of the following:

	December 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%	$	45,514	$	380	$	45,134	$	46,423	$	446	$	45,977
PPC JV Loan, insured by HUD, due June 2060, bearing interest at 4.0%		34,610		1,087		33,523		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%		6,977		—		6,977		6,324		—		6,324
Watersound Origins Crossings JV Loan, due May 2024, bearing interest at 5.0%		2,868		454		2,414		—		—		—
Beach Homes Loan, due May 2029, bearing interest at LIBOR plus 1.7% (effective rate of 3.5% at December 31, 2019)		1,594		20		1,574		—		—		—
Pier Park Outparcel Construction Loan, due March 2027, bearing interest at LIBOR plus 1.7% (effective rate of 3.5% at December 31, 2019)		1,535		14		1,521		1,585		16		1,569
WaterColor Crossings Construction Loan, due February 2029, bearing interest at LIBOR plus 1.7% (effective rate of 3.5% at December 31, 2019)		1,409		23		1,386		1,245		26		1,219
Total debt	$	94,507	$	1,978	$	92,529	$	70,976	$	1,602	$	69,374

Schedule of Aggregate Maturities of Debt

	December 31,
	2019
2020	$	2,029
2021		2,242
2022		2,293
2023		2,319
2024		5,079
Thereafter		80,545
	$	94,507