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Joint Ventures - Unconsolidated JV - Latitude Margaritaville Watersound JV (Details)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Apr. 30, 2021
home
Mar. 31, 2021
USD ($)
site
home
Mar. 31, 2020
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Summarized financial information          
Investment in real estate   $ 569,201   $ 551,653  
Cash and cash equivalents   52,313 $ 106,427 106,794  
Other assets   62,315   63,243  
Total assets   1,053,393   1,037,324  
Debt, net   169,730   158,915  
Other liabilities   76,930   72,035  
Equity   568,104 520,910 568,170 $ 529,670
Total liabilities and equity   1,053,393   1,037,324  
Total expenses   35,766 19,899    
Net income (loss)   2,957 (1,335)    
Latitude Margaritaville Watersound JV          
Investments          
Contractual value of land and improvements to be contributed   35,000      
Cash contributed   9,200      
Net present value of land contribution   16,600      
Cash contributed by JV partner   $ 9,200      
Imputed interest rate (as a percent)   5.75%      
Amount of infrastructure improvements completed   $ 2,400   $ 1,800  
Variable interest entity, ownership percentage   50.00%   50.00%  
Average amount of land contribution returned per home   $ 10      
Summarized financial information          
Historical cost basis of land contributed   1,300   $ 1,300  
Latitude Margaritaville Watersound JV          
Summarized financial information          
Investment in real estate   24,466   18,255  
Cash and cash equivalents   3,116   1,603  
Other assets   156   136  
Total assets   27,738   19,994  
Debt, net   7,185   2,844  
Other liabilities   862   1,794  
Equity   19,691   15,356  
Total liabilities and equity   27,738   $ 19,994  
Total expenses   1,239 149    
Net income (loss)   $ (1,239) $ (149)    
Latitude Margaritaville Watersound JV | Residential homes          
Investments          
Number of units to be developed, under development, or developed and constructed | home   3,500      
Latitude Margaritaville Watersound JV | Residential homes | Subsequent Event.          
Investments          
Number of units completed in period | home 13        
Latitude Margaritaville Watersound JV | Homesites          
Investments          
Number of units under construction | site   616