Investment in Real Estate, Net (Table) - Investment in real estate, net

12 Months Ended

Dec. 31, 2022

Real estate properties

Schedule of investment in real estate, excluding unconsolidated JVs, by property type and segment

	December 31,		December 31,
	2022		2021
Development property:
Residential	$	171,504	$	122,404
Hospitality		200,209		137,089
Commercial		131,133		85,931
Other		3,618		3,232
Total development property		506,464		348,656
Operating property:
Residential		7,854		7,854
Hospitality		221,542		124,449
Commercial		356,242		296,193
Other		127		127
Total operating property		585,765		428,623
Less: Accumulated depreciation		95,968		87,166
Total operating property, net		489,797		341,457
Investment in real estate, net	$	996,261	$	690,113

Operating property

Real estate properties

Schedule of operating property

		December 31,		December 31,
		2022		2021
Land and land improvements	$	146,257	$	111,698
Buildings and building improvements		425,347		303,335
Timber		14,161		13,590
		585,765		428,623
Less: Accumulated depreciation		95,968		87,166
Total operating property, net	$	489,797	$	341,457