Debt, Net - Schedule of Debt (Details) - USD ($) $ in Thousands	1 Months Ended		3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Jan. 31, 2022	Mar. 31, 2022	Jun. 30, 2022	Dec. 31, 2021	Apr. 30, 2022	Apr. 30, 2020	Dec. 31, 2019
Debt instruments
Outstanding debt	$ 297,199			$ 297,199	$ 227,474
Unamortized discount and debt issuance costs	(5,728)			(5,728)	(4,440)
Debt, Net	$ 291,471			$ 291,471	$ 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)	4.30%			4.30%
Outstanding debt	$ 44,015			$ 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%			4.10%
Outstanding debt	$ 43,074			$ 43,074	43,582
PPC JV Loan (insured by HUD)
Debt instruments
Effective interest rate (as a percent)	3.10%			3.10%
Outstanding debt	$ 35,427			$ 35,427	35,670
Pier Park Resort Hotel JV Loan
Debt instruments
Effective interest rate (as a percent)	3.90%			3.90%
Outstanding debt	$ 29,683			$ 29,683	$ 14,650
Pier Park Resort Hotel JV Loan | Interest Rate Swap
Debt instruments
Fixed interest rate (as a percent)	3.20%			3.20%
Notional amount							$ 42,000
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 (insured by HUD)
Debt instruments
Debt interest rate (as a percent)						2.70%
Effective interest rate (as a percent)	2.70%			2.70%
Outstanding debt	$ 22,823			$ 22,823	$ 17,374
PPC II JV Loan (insured by HUD) | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)			2.10%		2.10%
Watercrest JV Loan
Debt instruments
Effective interest rate (as a percent)	4.00%			4.00%
Outstanding debt	$ 21,263			$ 21,263	$ 20,053
Watercrest JV Loan | Interest Rate Swap
Debt instruments
Fixed interest rate (as a percent)					4.40%			4.40%
Notional amount					$ 20,000			$ 20,000
Watercrest JV Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)				2.20%	2.20%
Breakfast Point Hotel Loan
Debt instruments
Floor rate (as a percent)				3.80%	3.80%
Effective interest rate (as a percent)	4.50%			4.50%
Outstanding debt	$ 16,413			$ 16,413	$ 11,843
Breakfast Point Hotel Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)				2.80%	2.80%
Airport Hotel Loan
Debt instruments
Floor rate (as a percent)				3.00%	3.00%
Effective interest rate (as a percent)	3.80%			3.80%
Outstanding debt	$ 14,642			$ 14,642	$ 14,642
Airport Hotel Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)				2.00%	2.00%
Watersound Camp Creek Loan
Debt instruments
Floor rate (as a percent)				2.60%	2.60%
Effective interest rate (as a percent)	3.90%			3.90%
Outstanding debt	$ 13,131			$ 13,131	$ 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%			3.80%
Outstanding debt	$ 12,034			$ 12,034	$ 7,474
North Bay Landing Apartments Loan
Debt instruments
Floor rate (as a percent)				3.20%	3.20%
Effective interest rate (as a percent)	4.20%			4.20%
Outstanding debt	$ 10,940			$ 10,940	$ 1,342
North Bay Landing Apartments Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)				2.50%	2.50%
Watersound Town Center Grocery Loan
Debt instruments
Floor rate (as a percent)				2.20%	2.20%
Effective interest rate (as a percent)	3.70%			3.70%
Outstanding debt	$ 7,840			$ 7,840	$ 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%			3.00%
Outstanding debt	$ 6,063			$ 6,063
Beckrich Building III Loan
Debt instruments
Effective interest rate (as a percent)	3.50%			3.50%
Outstanding debt	$ 5,075			$ 5,075	$ 5,188
Beckrich Building III Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)				1.70%	1.70%
Self-Storage Facility Loan
Debt instruments
Floor rate (as a percent)				2.90%	2.90%
Effective interest rate (as a percent)	4.10%			4.10%
Outstanding debt	$ 4,666			$ 4,666	$ 4,666
Self-Storage Facility Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)				2.40%	2.40%
Community Development District debt
Debt instruments
Outstanding debt	$ 4,257			$ 4,257	$ 4,909
Community Development District debt | Minimum
Debt instruments
Effective interest rate (as a percent)	3.60%			3.60%
Community Development District debt | Maximum
Debt instruments
Effective interest rate (as a percent)	6.00%			6.00%
Hotel Indigo Loan
Debt instruments
Floor rate (as a percent)	2.70%			2.70%
Effective interest rate (as a percent)	4.20%			4.20%
Outstanding debt	$ 1,832			$ 1,832
Hotel Indigo Loan | SOFR
Debt instruments
Basis spread on variable rate (as a percent)	2.70%			2.70%
Beach Homes Loan
Debt instruments
Effective interest rate (as a percent)	3.50%			3.50%
Outstanding debt	$ 1,465			$ 1,465	$ 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)	3.50%			3.50%
Outstanding debt	$ 1,328			$ 1,328	$ 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)	3.50%			3.50%
Outstanding debt	$ 1,228			$ 1,228	$ 1,265
WaterColor Crossings Loan | LIBOR
Debt instruments
Basis spread on variable rate (as a percent)				1.70%	1.70%