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Real Estate Joint Ventures - Summarized financial information by unconsolidated JV (Details)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jul. 05, 2019
USD ($)
Jan. 14, 2019
USD ($)
Jun. 30, 2020
USD ($)
home
item
Jun. 30, 2020
USD ($)
home
item
Jun. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
Jan. 31, 2020
USD ($)
Apr. 30, 2018
item
Investments                
Net present value of land contribution     $ 16,600 $ 16,600        
Notes receivable, net     3,084 3,084   $ 3,252    
Outstanding debt     122,980 122,980   94,507    
Unconsolidated joint ventures                
Investments                
Outstanding debt     19,723 19,723   $ 8,242    
Latitude Margaritaville Watersound JV                
Investments                
Outstanding debt     55 55        
Sea Sound Apartments JV                
Investments                
Cash contributed       4,900        
Sea Sound Apartments JV | Sea Sound Apartments JV Loan                
Investments                
Loan amount             $ 40,300  
Outstanding debt     0 0        
Loan costs     $ 500 $ 500        
Latitude Margaritaville Watersound JV                
Investments                
Number of units to be developed and constructed | home     3,500 3,500        
Value of land contributed       $ 35,000        
Cash contributed       2,200        
Net present value of land contribution     $ 16,600 $ 16,600        
Imputed interest rate (as a percent)       5.75%        
Variable interest entity, ownership percentage       50.00%   50.00%    
Average amount of land contribution returned per home       $ 10        
Summarized financial information - Balance Sheets:                
Investment in real estate     5,322 5,322   $ 1,116    
Cash and cash equivalents     166 166   525    
Other assets     2 2        
Total assets     5,490 5,490   1,641    
Debt, net     55 55        
Other liabilities     304 304   58    
Equity     5,131 5,131   1,583    
Total liabilities and equity     5,490 5,490   $ 1,641    
Historical cost basis of land contributed     1,300 1,300        
Summarized financial information - Statement of Operations:                
Total expenses     186 335        
Net loss     $ (186) $ (335)        
Sea Sound Apartments JV                
Investments                
Number of units to be developed and constructed | item     300 300        
Value of land contributed       $ 5,100        
Mitigation bank credits contributed       400        
Cash contributed       $ 1,900        
Variable interest entity, ownership percentage       60.00%        
Summarized financial information - Balance Sheets:                
Investment in real estate     $ 14,705 $ 14,705        
Cash and cash equivalents     3 3        
Other assets     509 509        
Total assets     15,217 15,217        
Other liabilities     2,910 2,910        
Equity     12,307 12,307        
Total liabilities and equity     15,217 15,217        
Summarized financial information - Statement of Operations:                
Net loss     $ 0 $ 0        
Pier Park TPS JV                
Investments                
Number of units to be developed and constructed | item               124
Value of land contributed   $ 1,700            
Mitigation bank credits contributed         $ 100      
Cash contributed         $ 200      
Ownership percentage     50.00% 50.00%   50.00%    
Summarized financial information - Balance Sheets:                
Property and equipment, net     $ 18,502 $ 18,502   $ 14,775    
Cash and cash equivalents     366 366   51    
Other assets     512 512   12    
Total assets     19,380 19,380   14,838    
Debt, net     12,969 12,969   6,480    
Other liabilities     1,952 1,952   2,193    
Equity     4,459 4,459   6,165    
Total liabilities and equity     19,380 19,380   14,838    
Summarized financial information - Statement of Operations:                
Total revenue     533 533        
Cost of revenue     251 251        
Expenses     260 260        
Total expenses     511 511        
Operating income     22 22        
Interest expense     (34) (34)        
Net loss     (12) (12)        
Busy Bee JV (SJBB, LLC)                
Investments                
Value of land contributed $ 1,400              
Investment in unconsolidated joint venture     1,200 1,200   $ 1,200    
Notes receivable, net     $ 200 $ 200        
Ownership percentage     50.00% 50.00%   50.00%    
Summarized financial information - Balance Sheets:                
Property and equipment, net     $ 8,301 $ 8,301   $ 3,886    
Cash and cash equivalents     45 45   36    
Other assets     883 883   28    
Total assets     9,229 9,229   3,950    
Debt, net     6,301 6,301   1,349    
Other liabilities     553 553   181    
Equity     2,375 2,375   2,420    
Total liabilities and equity     9,229 9,229   $ 3,950    
Summarized financial information - Statement of Operations:                
Total expenses     54 65        
Net loss     $ (54) $ (65)