XML 68 R57.htm IDEA: XBRL DOCUMENT v3.22.1
Joint Ventures - Unconsolidated JV - Latitude Margaritaville Watersound JV (Details)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended 34 Months Ended
Jun. 30, 2020
USD ($)
Mar. 31, 2022
USD ($)
home
Mar. 31, 2021
USD ($)
Dec. 31, 2021
USD ($)
Mar. 31, 2022
USD ($)
home
Investments          
Investment in unconsolidated joint ventures   $ 52,622   $ 52,027 $ 52,622
Capital contribution to unconsolidated joint ventures   142 $ 2,500    
Latitude Margaritaville Watersound JV          
Investments          
Amount as lender of secured revolving promissory note $ 10,000 10,000   10,000 10,000
Latitude JV Note          
Investments          
Note receivable   0   7,100 0
Latitude Margaritaville Watersound JV          
Investments          
Contractual value of land and improvements to be contributed   35,000     35,000
Investment in unconsolidated joint ventures   29,583   30,040 29,583
Net present value of land contribution $ 16,600        
Imputed interest rate (as a percent) 5.80%        
Amount of infrastructure improvements completed   $ 5,100   $ 4,800 $ 5,100
Variable interest entity, ownership percentage   50.00%   50.00%  
Average amount of land contribution returned per home   $ 10      
Latitude Margaritaville Watersound JV | Residential homes          
Investments          
Number of units under contract | home   527     527
Number of homes sold | home         65
Number of units to be developed | home   3,500     3,500