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Debt, Net - Schedule of Debt (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Debt instruments    
Outstanding debt $ 185,957 $ 161,418
Unamortized Discount and Debt Issuance Costs 2,871 2,503
Debt, Net 183,086 158,915
PPN JV Loan, due November 2025, bearing interest at 4.1%    
Debt instruments    
Outstanding debt 44,080 44,568
Unamortized Discount and Debt Issuance Costs 281 314
Debt, Net $ 43,799 $ 44,254
Debt interest rate (as a percent) 4.10% 4.10%
PPC JV Loan, due June 2060, bearing interest at 4.0%    
Debt instruments    
Outstanding debt $ 35,895 $ 36,084
Unamortized Discount and Debt Issuance Costs 1,065 1,079
Debt, Net $ 34,830 $ 35,005
Debt interest rate (as a percent) 4.00% 4.00%
Watersound Origins Crossings JV Loan, due May 2024, bearing interest at 5.0%    
Debt instruments    
Outstanding debt $ 34,596 $ 27,179
Unamortized Discount and Debt Issuance Costs 300 351
Debt, Net $ 34,296 $ 26,828
Debt interest rate (as a percent) 5.00% 5.00%
Watercrest JV Loan, due June 2047, bearing interest at LIBOR plus 2.2% and swapped to a fixed rate of 4.4%    
Debt instruments    
Outstanding debt $ 19,292 $ 18,066
Unamortized Discount and Debt Issuance Costs 334 284
Debt, Net $ 18,958 $ 17,782
Debt interest rate (as a percent) 4.40%  
Watercrest JV Loan, due June 2047, bearing interest at LIBOR plus 2.2% and swapped to a fixed rate of 4.4% | LIBOR    
Debt instruments    
Basis spread on variable rate (as a percent) 2.20% 2.20%
PPC II JV Loan, due October 2024, bearing interest at LIBOR plus 2.3%    
Debt instruments    
Outstanding debt $ 17,390 $ 15,921
Unamortized Discount and Debt Issuance Costs 173 198
Debt, Net $ 17,217 $ 15,723
Effective interest rate (as a percent) 2.20%  
PPC II JV Loan, due October 2024, bearing interest at LIBOR plus 2.3% | LIBOR    
Debt instruments    
Basis spread on variable rate (as a percent) 2.10% 2.10%
Airport Hotel Loan, due March 2025, bearing interest at LIBOR plus 2.0%, with a floor rate of 3.0%    
Debt instruments    
Outstanding debt $ 12,629 $ 3,548
Unamortized Discount and Debt Issuance Costs 148 168
Debt, Net $ 12,481 $ 3,380
Floor rate (as a percent) 3.00% 3.00%
Effective interest rate (as a percent) 3.00%  
Airport Hotel Loan, due March 2025, bearing interest at LIBOR plus 2.0%, with a floor rate of 3.0% | LIBOR    
Debt instruments    
Basis spread on variable rate (as a percent) 2.00% 2.00%
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%    
Debt instruments    
Outstanding debt $ 5,349 $ 6,294
Debt, Net $ 5,349 $ 6,294
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% | Minimum    
Debt instruments    
Debt interest rate (as a percent) 3.60% 3.60%
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% | Maximum    
Debt instruments    
Debt interest rate (as a percent) 6.00% 6.00%
Beckrich Building III Loan, due August 2029, bearing interest at LIBOR plus 1.7%    
Debt instruments    
Outstanding debt $ 5,305 $ 5,421
Unamortized Discount and Debt Issuance Costs 56 59
Debt, Net $ 5,249 $ 5,362
Effective interest rate (as a percent) 1.80%  
Beckrich Building III Loan, due August 2029, bearing interest at LIBOR plus 1.7% | LIBOR    
Debt instruments    
Basis spread on variable rate (as a percent) 1.70% 1.70%
Self-Storage Facility Loan, due November 2025, bearing interest at LIBOR plus 2.5%, with a floor rate of 3.0%    
Debt instruments    
Outstanding debt $ 3,129  
Unamortized Discount and Debt Issuance Costs 79  
Debt, Net $ 3,050  
Floor rate (as a percent) 3.00% 3.00%
Effective interest rate (as a percent) 3.00%  
Self-Storage Facility Loan, due November 2025, bearing interest at LIBOR plus 2.5%, with a floor rate of 3.0% | LIBOR    
Debt instruments    
Basis spread on variable rate (as a percent) 2.50% 2.50%
Breakfast Point Hotel Loan, due November 2042, bearing interest at LIBOR plus 2.8%, with a floor rate of 3.8%    
Debt instruments    
Outstanding debt $ 2,705  
Unamortized Discount and Debt Issuance Costs 196  
Debt, Net $ 2,509  
Basis spread on variable rate (as a percent) 2.80%  
Floor rate (as a percent) 3.80%  
Effective interest rate (as a percent) 3.80%  
Beach Homes Loan, due May 2029, bearing interest at LIBOR plus 1.7%.    
Debt instruments    
Outstanding debt $ 1,518 $ 1,545
Unamortized Discount and Debt Issuance Costs 16 17
Debt, Net $ 1,502 $ 1,528
Effective interest rate (as a percent) 1.80%  
Beach Homes Loan, due May 2029, bearing interest at LIBOR plus 1.7%. | LIBOR    
Debt instruments    
Basis spread on variable rate (as a percent) 1.70% 1.70%
Pier Park Outparcel Construction Loan, due March 2027, bearing interest at LIBOR plus 1.7%    
Debt instruments    
Outstanding debt $ 1,414 $ 1,458
Unamortized Discount and Debt Issuance Costs 11 12
Debt, Net $ 1,403 $ 1,446
Effective interest rate (as a percent) 1.80%  
Pier Park Outparcel Construction Loan, due March 2027, bearing interest at LIBOR plus 1.7% | LIBOR    
Debt instruments    
Basis spread on variable rate (as a percent) 1.70% 1.70%
WaterColor Crossings Construction Loan, due February 2029, bearing interest at LIBOR plus 1.7%    
Debt instruments    
Outstanding debt $ 1,302 $ 1,334
Unamortized Discount and Debt Issuance Costs 19 21
Debt, Net $ 1,283 $ 1,313
Effective interest rate (as a percent) 1.80%  
WaterColor Crossings Construction Loan, due February 2029, bearing interest at LIBOR plus 1.7% | LIBOR    
Debt instruments    
Basis spread on variable rate (as a percent) 1.70% 1.70%
The Lodge 30A JV Loan, due January 2028, bearing interest at 3.8%    
Debt instruments    
Outstanding debt $ 1,353  
Unamortized Discount and Debt Issuance Costs 193  
Debt, Net $ 1,160  
Debt interest rate (as a percent) 3.80%