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Joint Ventures - Unconsolidated JV - Balance Sheets (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Dec. 31, 2020
ASSETS        
Investment in real estate $ 741,455 $ 690,113    
Cash and cash equivalents 33,115 70,162 $ 52,313  
Other assets 69,875 70,235    
Total assets 1,256,345 1,208,151    
LIABILITIES AND EQUITY        
Debt, net 256,763 223,034    
Other liabilities 67,799 67,985    
Equity 637,032 626,100 $ 568,104 $ 568,170
Total liabilities and equity 1,256,345 1,208,151    
Latitude Margaritaville Watersound JV        
LIABILITIES AND EQUITY        
Historical cost basis of land contributed 1,300 1,300    
Amount of infrastructure improvements completed 5,100 4,800    
Unconsolidated joint ventures        
ASSETS        
Investment in real estate 181,932 149,378    
Cash and cash equivalents 13,999 16,447    
Other assets 4,022 3,635    
Total assets 199,953 169,460    
LIABILITIES AND EQUITY        
Debt, net 78,358 62,142    
Other liabilities 57,337 44,032    
Equity 64,258 63,286    
Total liabilities and equity 199,953 169,460    
Latitude Margaritaville Watersound JV        
ASSETS        
Investment in real estate 78,274 54,034    
Cash and cash equivalents 8,777 12,541    
Other assets 1,835 1,761    
Total assets 88,886 68,336    
LIABILITIES AND EQUITY        
Debt, net 15,378 7,147    
Other liabilities 49,705 36,419    
Equity 23,803 24,770    
Total liabilities and equity 88,886 68,336    
Sea Sound Apartments JV        
ASSETS        
Investment in real estate 54,180 53,775    
Cash and cash equivalents 1,511 760    
Other assets 268 210    
Total assets 55,959 54,745    
LIABILITIES AND EQUITY        
Debt, net 35,740 34,834    
Other liabilities 2,989 2,653    
Equity 17,230 17,258    
Total liabilities and equity 55,959 54,745    
Watersound Fountains Independent Living JV        
ASSETS        
Investment in real estate 24,503 17,003    
Cash and cash equivalents 243 240    
Other assets 10 187    
Total assets 24,756 17,430    
LIABILITIES AND EQUITY        
Debt, net 7,287 66    
Other liabilities 3,513 3,408    
Equity 13,956 13,956    
Total liabilities and equity 24,756 17,430    
Pier Park TPS JV        
ASSETS        
Investment in real estate 16,190 16,561    
Cash and cash equivalents 1,897 1,913    
Other assets 455 433    
Total assets 18,542 18,907    
LIABILITIES AND EQUITY        
Debt, net 13,768 13,839    
Other liabilities 444 1,147    
Equity 4,330 3,921    
Total liabilities and equity 18,542 18,907    
Busy Bee JV        
ASSETS        
Investment in real estate 7,891 8,005    
Cash and cash equivalents 765 855    
Other assets 1,434 1,044    
Total assets 10,090 9,904    
LIABILITIES AND EQUITY        
Debt, net 6,185 6,256    
Other liabilities 326 405    
Equity 3,579 3,243    
Total liabilities and equity 10,090 9,904    
Electric Cart Watersound JV        
ASSETS        
Investment in real estate 894      
Cash and cash equivalents 712      
Other assets 20      
Total assets 1,626      
LIABILITIES AND EQUITY        
Other liabilities 360      
Equity 1,266      
Total liabilities and equity 1,626      
Watersound Management JV        
ASSETS        
Cash and cash equivalents 94 138    
Total assets 94 138    
LIABILITIES AND EQUITY        
Equity 94 138    
Total liabilities and equity $ 94 $ 138