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Segment Information - Information by Business Segment (Details) - USD ($)
$ in Thousands
1 Months Ended 12 Months Ended
Nov. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Segments        
Total revenue   $ 252,321 $ 266,996 $ 160,555
Cost of revenue   145,898 131,314 77,776
Corporate and other operating expenses   22,068 23,023 22,906
Depreciation, depletion and amortization   22,888 18,202 12,788
Investment income, net   9,862 7,254 4,983
Interest expense   18,383 15,854 13,564
Gain on contributions to unconsolidated joint ventures   2,738 3,558 19,983
Equity in income (loss) from unconsolidated joint ventures   25,986 (865) (666)
Other (expense) income, net   12,947 10,181 1,329
Income before income taxes   94,617 98,731 59,150
Capital expenditures   356,692 200,819 162,243
Investment in unconsolidated joint ventures   50,025 52,027  
Total assets   1,430,839 1,208,151  
Interest income from investments in SPEs   8,012 8,078 8,180
Interest expense from Senior Notes issued by SPE   (8,841) (8,827) (8,813)
Gain on insurance recoveries   9,835 4,853 690
Loss from hurricane damage   51 56 1,123
Hospitality        
Segments        
Cost of revenue   77,518 58,314 35,239
Variable Interest Entity, Primary Beneficiary        
Segments        
Total assets   508,634 440,034  
Hurricane Michael.        
Segments        
Gain on insurance recoveries   9,700 4,900 700
Loss from hurricane damage       1,100
Maximum | Hurricane Michael.        
Segments        
Loss from hurricane damage   100 100  
Latitude Margaritaville Watersound JV        
Segments        
Equity in income (loss) from unconsolidated joint ventures   3,859 (1,861) (524)
Investment in unconsolidated joint ventures   33,235 30,040  
Gain on land and additional infrastructure improvements contributed to to unconsolidated joint venture       15,700
Watersound Fountains Independent Living JV        
Segments        
Equity in income (loss) from unconsolidated joint ventures   (250)    
Investment in unconsolidated joint ventures   7,258 7,508  
Gain on land contributed     3,100  
Sea Sound JV        
Segments        
Equity in income (loss) from unconsolidated joint ventures   21,705 (15)  
Investment in unconsolidated joint ventures   411 10,333  
Gain on sale of assets $ 21,700      
Busy Bee JV        
Segments        
Equity in income (loss) from unconsolidated joint ventures   538 441 (30)
Investment in unconsolidated joint ventures   2,160 1,621  
Pier Park TPS JV        
Segments        
Equity in income (loss) from unconsolidated joint ventures   33 551 (112)
Investment in unconsolidated joint ventures   1,451 1,961  
Pier Park RI JV        
Segments        
Investment in unconsolidated joint ventures   4,263    
Gain on land and impact fees contributed   1,400    
Electric Cart Watersound JV        
Segments        
Equity in income (loss) from unconsolidated joint ventures   18    
Investment in unconsolidated joint ventures   703    
Gain on land contributed   400    
Residential segment        
Segments        
Equity in income (loss) from unconsolidated joint ventures   3,859 (1,861) (524)
Investment in unconsolidated joint ventures   33,236 30,039  
Commercial segment        
Segments        
Equity in income (loss) from unconsolidated joint ventures   22,127 996 (142)
Investment in unconsolidated joint ventures   16,789 21,988  
Operating Segments | Residential segment        
Segments        
Total revenue   92,886 144,854 74,303
Cost of revenue   44,115 56,889 29,790
Corporate and other operating expenses   3,994 4,883 5,272
Depreciation, depletion and amortization   156 179 180
Interest expense   484 581 683
Gain on contributions to unconsolidated joint ventures   939 503 15,706
Other (expense) income, net   (508) 113 (22)
Income before income taxes   49,474 81,905 53,780
Capital expenditures   92,203 52,838 33,634
Total assets   231,054 192,290  
Operating Segments | Residential segment | Latitude Margaritaville Watersound JV        
Segments        
Gain on land and additional infrastructure improvements contributed to to unconsolidated joint venture       15,700
Operating Segments | Hospitality segment        
Segments        
Total revenue   97,236 74,591 47,374
Cost of revenue   77,862 57,494 34,670
Corporate and other operating expenses   1,086 919 1,180
Depreciation, depletion and amortization   9,366 6,966 4,638
Interest expense   1,709 488 222
Other (expense) income, net   1,807 635 575
Income before income taxes   9,021 9,359 7,238
Capital expenditures   171,056 101,686 42,770
Total assets   420,329 256,751  
Operating Segments | Hospitality segment | Hurricane Michael.        
Segments        
Proceeds from business interruption insurance     700 1,300
Operating Segments | Commercial segment        
Segments        
Total revenue   59,379 45,557 37,077
Cost of revenue   21,786 15,393 12,797
Corporate and other operating expenses   4,239 3,969 3,692
Depreciation, depletion and amortization   12,968 10,662 7,125
Interest expense   7,343 5,949 3,836
Gain on contributions to unconsolidated joint ventures   1,799 3,055 3,949
Other (expense) income, net   (687) 3,722 51
Income before income taxes   36,316 17,403 13,539
Capital expenditures   92,992 45,843 85,070
Total assets   470,629 378,118  
Operating Segments | Commercial segment | Hurricane Michael. | Pier Park Crossings JV        
Segments        
Proceeds from business interruption insurance       700
Operating Segments | Commercial segment | Watersound Fountains Independent Living JV        
Segments        
Gain on land contributed     3,100  
Operating Segments | Commercial segment | Florida Division of Emergency Management's Florida Timber Recovery Block Grant Program        
Segments        
Other (expense) income, net     3,600  
Operating Segments | Commercial segment | Sea Sound JV        
Segments        
Gain on land contributed       3,900
Gain on sale of assets   21,700    
Operating Segments | Commercial segment | Pier Park RI JV        
Segments        
Gain on land and impact fees contributed   1,400    
Operating Segments | Commercial segment | Electric Cart Watersound JV        
Segments        
Gain on land contributed   400    
Operating Segments | Residential and commercial        
Segments        
Investment income, net   1,079 874 298
Other reconciling items        
Segments        
Total revenue   2,820 1,994 1,801
Cost of revenue   2,135 1,538 519
Corporate and other operating expenses   12,749 13,252 12,762
Depreciation, depletion and amortization   398 395 845
Investment income, net   8,783 6,380 4,685
Interest expense   8,847 8,836 8,823
Gain on contributions to unconsolidated joint ventures       328
Other (expense) income, net   12,335 5,711 725
Income before income taxes   (194) (9,936) (15,407)
Capital expenditures   441 452 769
Total assets   308,827 380,992  
Interest income from investments in SPEs   8,000 8,100 8,200
Interest expense from Senior Notes issued by SPE   (8,800) (8,800) (8,800)
Other reconciling items | Hurricane Michael.        
Segments        
Gain on insurance recoveries   9,700 4,900 700
Loss from hurricane damage   $ 100 $ 100 $ 1,100