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Schedule III (Consolidated) - Real Estate and Accumulated Depreciation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Schedule III, Real Estate        
Encumbrances $ 391,411      
Initial Cost to Company, Land & Improvements 211,926      
Initial Cost to Company, Buildings & Improvements 679,686      
Costs Capitalized Subsequent to Acquisition or Construction 200,617      
Land & Land Improvements 406,401      
Buildings and Improvements 685,828      
Total 1,092,229 $ 777,279 $ 627,613 $ 505,032
Accumulated Depreciation and Amortization 95,968      
Aggregate cost of real estate owned for federal income tax purposes $ 992,600      
Land improvements | Minimum        
Schedule III, Real Estate        
Depreciation Life (in years) 15 years      
Land improvements | Maximum        
Schedule III, Real Estate        
Depreciation Life (in years) 20 years      
Buildings | Minimum        
Schedule III, Real Estate        
Depreciation Life (in years) 20 years      
Buildings | Maximum        
Schedule III, Real Estate        
Depreciation Life (in years) 40 years      
Building improvements | Minimum        
Schedule III, Real Estate        
Depreciation Life (in years) 5 years      
Building improvements | Maximum        
Schedule III, Real Estate        
Depreciation Life (in years) 25 years      
Leasehold improvements | Minimum        
Schedule III, Real Estate        
Depreciation Life (in years) 2 years      
Leasehold improvements | Maximum        
Schedule III, Real Estate        
Depreciation Life (in years) 25 years      
Residential development, Bay County, FL        
Schedule III, Real Estate        
Encumbrances $ 19      
Initial Cost to Company, Land & Improvements 10,398      
Costs Capitalized Subsequent to Acquisition or Construction 68,333      
Land & Land Improvements 78,731      
Total 78,731      
Residential development, Gulf County, FL        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 4,000      
Costs Capitalized Subsequent to Acquisition or Construction 22,710      
Land & Land Improvements 26,710      
Total 26,710      
Residential development, Walton County, FL        
Schedule III, Real Estate        
Costs Capitalized Subsequent to Acquisition or Construction 56,268      
Land & Land Improvements 56,268      
Total 56,268      
Residential development, Franklin and Leon Counties, FL        
Schedule III, Real Estate        
Encumbrances 634      
Initial Cost to Company, Land & Improvements 8,789      
Costs Capitalized Subsequent to Acquisition or Construction 1,007      
Land & Land Improvements 9,796      
Total 9,796      
Residential operating property        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 5,953      
Initial Cost to Company, Buildings & Improvements 9,447      
Costs Capitalized Subsequent to Acquisition or Construction (7,547)      
Land & Land Improvements 5,913      
Buildings and Improvements 1,940      
Total 7,853      
Accumulated Depreciation and Amortization 2,446      
WaterColor Hospitality        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 1,137      
Initial Cost to Company, Buildings & Improvements 19,520      
Costs Capitalized Subsequent to Acquisition or Construction 11,466      
Land & Land Improvements 2,915      
Buildings and Improvements 29,208      
Total 32,123      
Accumulated Depreciation and Amortization 12,340      
The Pearl Hotel        
Schedule III, Real Estate        
Encumbrances 37,000      
Initial Cost to Company, Land & Improvements 10,518      
Initial Cost to Company, Buildings & Improvements 38,742      
Land & Land Improvements 10,518      
Buildings and Improvements 38,742      
Total 49,260      
Accumulated Depreciation and Amortization 89      
Pier Park Resort Hotel JV.        
Schedule III, Real Estate        
Encumbrances 45,209      
Initial Cost to Company, Land & Improvements 1,438      
Initial Cost to Company, Buildings & Improvements 72,047      
Land & Land Improvements 1,438      
Buildings and Improvements 72,047      
Total 73,485      
The Lodge 30A JV.        
Schedule III, Real Estate        
Encumbrances 13,304      
Initial Cost to Company, Land & Improvements 2,143      
Initial Cost to Company, Buildings & Improvements 16,878      
Land & Land Improvements 2,143      
Buildings and Improvements 16,878      
Total 19,021      
Hotel Indigo/Harrison's Kitchen & Bar        
Schedule III, Real Estate        
Encumbrances 10,427      
Initial Cost to Company, Land & Improvements 268      
Initial Cost to Company, Buildings & Improvements 28,440      
Land & Land Improvements 268      
Buildings and Improvements 28,440      
Total 28,708      
Accumulated Depreciation and Amortization 32      
Hilton Garden Inn Panama City Airport        
Schedule III, Real Estate        
Encumbrances 14,642      
Initial Cost to Company, Land & Improvements 1,693      
Initial Cost to Company, Buildings & Improvements 17,100      
Land & Land Improvements 1,693      
Buildings and Improvements 17,100      
Total 18,793      
Accumulated Depreciation and Amortization 806      
Homewood Suites by Hilton Panama City Beach        
Schedule III, Real Estate        
Encumbrances 16,376      
Initial Cost to Company, Land & Improvements 1,952      
Initial Cost to Company, Buildings & Improvements 20,194      
Land & Land Improvements 1,952      
Buildings and Improvements 20,194      
Total 22,146      
Accumulated Depreciation and Amortization 524      
Home2 Suites by Hilton Santa Rosa Beach        
Schedule III, Real Estate        
Encumbrances 5,199      
Initial Cost to Company, Land & Improvements 817      
Initial Cost to Company, Buildings & Improvements 15,637      
Land & Land Improvements 817      
Buildings and Improvements 15,637      
Total 16,454      
Watersound Club        
Schedule III, Real Estate        
Encumbrances 13,131      
Initial Cost to Company, Land & Improvements 34,608      
Initial Cost to Company, Buildings & Improvements 75,563      
Costs Capitalized Subsequent to Acquisition or Construction (330)      
Land & Land Improvements 36,287      
Buildings and Improvements 73,554      
Total 109,841      
Accumulated Depreciation and Amortization 22,948      
Marinas        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 16,698      
Initial Cost to Company, Buildings & Improvements 18,084      
Costs Capitalized Subsequent to Acquisition or Construction (212)      
Land & Land Improvements 16,940      
Buildings and Improvements 17,630      
Total 34,570      
Accumulated Depreciation and Amortization 996      
Other hospitality        
Schedule III, Real Estate        
Encumbrances 3,501      
Initial Cost to Company, Land & Improvements 3,994      
Initial Cost to Company, Buildings & Improvements 12,509      
Costs Capitalized Subsequent to Acquisition or Construction 847      
Land & Land Improvements 4,752      
Buildings and Improvements 12,598      
Total 17,350      
Accumulated Depreciation and Amortization 3,539      
Pier Park North JV.        
Schedule III, Real Estate        
Encumbrances 42,555      
Initial Cost to Company, Land & Improvements 13,175      
Initial Cost to Company, Buildings & Improvements 35,243      
Costs Capitalized Subsequent to Acquisition or Construction 4,064      
Land & Land Improvements 13,601      
Buildings and Improvements 38,881      
Total 52,482      
Accumulated Depreciation and Amortization 14,545      
VentureCrossings        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 7,199      
Initial Cost to Company, Buildings & Improvements 29,823      
Costs Capitalized Subsequent to Acquisition or Construction (1,852)      
Land & Land Improvements 5,717      
Buildings and Improvements 29,453      
Total 35,170      
Accumulated Depreciation and Amortization 7,746      
FSU/TMH Medical Campus        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 3,183      
Initial Cost to Company, Buildings & Improvements 3,697      
Land & Land Improvements 3,183      
Buildings and Improvements 3,697      
Total 6,880      
Watersound Origins Crossings JV.        
Schedule III, Real Estate        
Encumbrances 44,015      
Initial Cost to Company, Land & Improvements 6,853      
Initial Cost to Company, Buildings & Improvements 33,912      
Land & Land Improvements 6,853      
Buildings and Improvements 33,912      
Total 40,765      
Accumulated Depreciation and Amortization 1,932      
Pier Park Crossings JV.        
Schedule III, Real Estate        
Encumbrances 35,180      
Initial Cost to Company, Land & Improvements 8,456      
Initial Cost to Company, Buildings & Improvements 28,662      
Land & Land Improvements 8,456      
Buildings and Improvements 28,662      
Total 37,118      
Accumulated Depreciation and Amortization 3,685      
Pier Park Crossings Phase II JV.        
Schedule III, Real Estate        
Encumbrances 22,623      
Initial Cost to Company, Land & Improvements 3,567      
Initial Cost to Company, Buildings & Improvements 15,586      
Land & Land Improvements 3,567      
Buildings and Improvements 15,586      
Total 19,153      
Accumulated Depreciation and Amortization 1,166      
Mexico Beach Crossings        
Schedule III, Real Estate        
Encumbrances 23,374      
Initial Cost to Company, Land & Improvements 670      
Initial Cost to Company, Buildings & Improvements 30,608      
Land & Land Improvements 669      
Buildings and Improvements 30,609      
Total 31,278      
North Bay Landing        
Schedule III, Real Estate        
Encumbrances 18,222      
Initial Cost to Company, Land & Improvements 1,924      
Initial Cost to Company, Buildings & Improvements 30,102      
Land & Land Improvements 1,924      
Buildings and Improvements 30,102      
Total 32,026      
Accumulated Depreciation and Amortization 156      
Origins Crossings Townhomes        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 2,425      
Initial Cost to Company, Buildings & Improvements 15,953      
Costs Capitalized Subsequent to Acquisition or Construction 1      
Land & Land Improvements 2,426      
Buildings and Improvements 15,953      
Total 18,379      
Accumulated Depreciation and Amortization 298      
Watercrest JV.        
Schedule III, Real Estate        
Encumbrances 21,038      
Initial Cost to Company, Land & Improvements 3,073      
Initial Cost to Company, Buildings & Improvements 18,475      
Land & Land Improvements 3,073      
Buildings and Improvements 18,475      
Total 21,548      
Accumulated Depreciation and Amortization 1,168      
Self-Storage        
Schedule III, Real Estate        
Encumbrances 4,666      
Initial Cost to Company, Land & Improvements 1,003      
Initial Cost to Company, Buildings & Improvements 5,880      
Costs Capitalized Subsequent to Acquisition or Construction 52      
Land & Land Improvements 1,055      
Buildings and Improvements 5,880      
Total 6,935      
Accumulated Depreciation and Amortization 251      
Beckrich Office Park        
Schedule III, Real Estate        
Encumbrances 5,020      
Initial Cost to Company, Land & Improvements 2,200      
Initial Cost to Company, Buildings & Improvements 13,298      
Costs Capitalized Subsequent to Acquisition or Construction 360      
Land & Land Improvements 2,223      
Buildings and Improvements 13,635      
Total 15,858      
Accumulated Depreciation and Amortization 1,563      
Watersound Town Center        
Schedule III, Real Estate        
Encumbrances 11,379      
Initial Cost to Company, Land & Improvements 10,185      
Initial Cost to Company, Buildings & Improvements 39,367      
Land & Land Improvements 10,185      
Buildings and Improvements 39,367      
Total 49,552      
Accumulated Depreciation and Amortization 886      
Watersound West Bay, WindMark Beach, WaterColor and WaterSound Gatehouse Town Centers        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 64      
Initial Cost to Company, Buildings & Improvements 16,391      
Costs Capitalized Subsequent to Acquisition or Construction 2,571      
Land & Land Improvements 71      
Buildings and Improvements 18,955      
Total 19,026      
Accumulated Depreciation and Amortization 11,510      
Other commercial leasing property        
Schedule III, Real Estate        
Encumbrances 2,491      
Initial Cost to Company, Land & Improvements 4,496      
Initial Cost to Company, Buildings & Improvements 16,740      
Costs Capitalized Subsequent to Acquisition or Construction 517      
Land & Land Improvements 4,930      
Buildings and Improvements 16,823      
Total 21,753      
Accumulated Depreciation and Amortization 5,089      
Commercial developments        
Schedule III, Real Estate        
Encumbrances 1,406      
Initial Cost to Company, Land & Improvements 32,361      
Costs Capitalized Subsequent to Acquisition or Construction 23,309      
Land & Land Improvements 55,670      
Total 55,670      
Accumulated Depreciation and Amortization 35      
Timberlands and other unimproved land        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 6,686      
Initial Cost to Company, Buildings & Improvements 1,788      
Costs Capitalized Subsequent to Acquisition or Construction 15,308      
Land & Land Improvements 21,994      
Buildings and Improvements 1,788      
Total 23,782      
Accumulated Depreciation and Amortization 2,137      
Mitigation banks and other        
Schedule III, Real Estate        
Costs Capitalized Subsequent to Acquisition or Construction 3,745      
Land & Land Improvements 3,663      
Buildings and Improvements 82      
Total 3,745      
Accumulated Depreciation and Amortization $ 81