Debt, Net - Schedule of Debt (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	Jan. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Debt instruments
Outstanding debt		$ 262,091	$ 227,474
Unamortized discount and debt issuance costs		(5,328)	(4,440)
Debt, Net		$ 256,763	$ 223,034
Watersound Origins Crossings JV Loan
Debt instruments
Floor rate (as a percent)	3.30%	3.30%
Debt interest rate (as a percent)			5.00%
Effective interest rate (as a percent)		3.30%
Outstanding debt		$ 44,015	$ 37,897
Watersound Origins Crossings JV Loan | SOFR
Debt instruments
Basis spread on variable rate (as a percent)	2.80%	2.80%
PPN JV Loan
Debt instruments
Effective interest rate (as a percent)		4.10%
Outstanding debt		$ 43,329	43,582
PPC JV Loan (insured by HUD)
Debt instruments
Effective interest rate (as a percent)		3.10%
Outstanding debt		$ 35,550	$ 35,670
Watercrest JV Loan
Debt instruments
Debt interest rate (as a percent)		4.40%	4.40%
Effective interest rate (as a percent)		4.40%
Outstanding debt		$ 20,263	$ 20,053
Watercrest JV Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)		2.20%	2.20%
Pier Park Resort Hotel JV Loan
Debt instruments
Effective interest rate (as a percent)		2.60%
Outstanding debt		$ 20,087	$ 14,650
Pier Park Resort Hotel JV Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)		2.20%	2.20%
PPC II JV Loan
Debt instruments
Effective interest rate (as a percent)		2.60%
Outstanding debt		$ 17,325	$ 17,374
PPC II JV Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)		2.10%	2.10%
Airport Hotel Loan
Debt instruments
Floor rate (as a percent)		3.00%	3.00%
Effective interest rate (as a percent)		3.00%
Outstanding debt		$ 14,642	$ 14,642
Airport Hotel Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)		2.00%	2.00%
Breakfast Point Hotel Loan
Debt instruments
Floor rate (as a percent)		3.80%	3.80%
Effective interest rate (as a percent)		3.80%
Outstanding debt		$ 13,736	$ 11,843
Breakfast Point Hotel Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)		2.80%	2.80%
Watersound Camp Creek Loan
Debt instruments
Floor rate (as a percent)		2.60%	2.60%
Effective interest rate (as a percent)		2.60%
Outstanding debt		$ 10,293	$ 3,437
Watersound Camp Creek Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)		2.10%	2.10%
Lodge 30A JV Loan
Debt instruments
Effective interest rate (as a percent)		3.80%
Outstanding debt		$ 10,262	$ 7,474
North Bay Landing Apartments Loan
Debt instruments
Floor rate (as a percent)		3.20%	3.20%
Effective interest rate (as a percent)		3.20%
Outstanding debt		$ 5,146	$ 1,342
North Bay Landing Apartments Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)		2.50%	2.50%
Beckrich Building III Loan
Debt instruments
Effective interest rate (as a percent)		2.20%
Outstanding debt		$ 5,129	$ 5,188
Beckrich Building III Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)		1.70%	1.70%
Community Development District debt
Debt instruments
Outstanding debt		$ 4,894	$ 4,909
Community Development District debt | Minimum
Debt instruments
Effective interest rate (as a percent)		3.60%
Community Development District debt | Maximum
Debt instruments
Effective interest rate (as a percent)		6.00%
Self-Storage Facility Loan
Debt instruments
Floor rate (as a percent)		2.90%	2.90%
Effective interest rate (as a percent)		2.90%
Outstanding debt		$ 4,666	$ 4,666
Self-Storage Facility Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)		2.40%	2.40%
Watersound Town Center Grocery Loan
Debt instruments
Floor rate (as a percent)		2.20%	2.20%
Effective interest rate (as a percent)		2.40%
Outstanding debt		$ 4,525	$ 620
Watersound Town Center Grocery Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)		2.00%	2.00%
Mexico Beach Crossings JV Loan (insured by HUD)
Debt instruments
Effective interest rate (as a percent)		3.00%
Outstanding debt		$ 4,157
Beach Homes Loan
Debt instruments
Effective interest rate (as a percent)		2.20%
Outstanding debt		$ 1,478	$ 1,492
Beach Homes Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)		1.70%	1.70%
Pier Park Outparcel Loan
Debt instruments
Effective interest rate (as a percent)		2.20%
Outstanding debt		$ 1,348	$ 1,370
Pier Park Outparcel Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)		1.70%	1.70%
WaterColor Crossings Loan
Debt instruments
Effective interest rate (as a percent)		2.20%
Outstanding debt		$ 1,246	$ 1,265
WaterColor Crossings Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)		1.70%	1.70%