Segment Information (Tables)

3 Months Ended

Mar. 31, 2023

Segment Information

Schedule of Information by Business Segment

	Three Months Ended
	March 31,
	2023		2022
Operating revenue:
Residential	$	28,030	$	32,715
Hospitality		24,855		16,238
Commercial		19,008		15,396
Other		1,098		522
Consolidated operating revenue	$	72,991	$	64,871
Income (loss) before income taxes:
Residential (a)	$	15,577	$	16,566
Hospitality		(3,495)		(963)
Commercial (b)		2,798		4,841
Other (c)		(1,958)		(2,455)
Consolidated income before income taxes	$	12,922	$	17,989

(a) The three months ended March 31, 2023 and 2022 includes $3.9 million of equity in income from unconsolidated joint ventures and $0.6 of equity in loss from unconsolidated joint ventures, respectively, related to the Latitude Margaritaville Watersound JV. See Note 4. Joint Ventures for additional information.

(b) The three months ended March 31, 2022, includes a gain of $0.4 million on land contributed to the unconsolidated Electric Cart Watersound JV. See Note 4. Joint Ventures and Note 16. Other Income (Expense), Net for additional information.

(c) Includes gain on insurance recovery of and $0.7 million during the three months ended March 31, 2022, related to Hurricane Michael. See Note 16. Other Income (Expense), Net for additional information.

	March 31,		December 31,
	2023		2022
Total assets:
Residential	$	231,372	$	231,054
Hospitality		435,376		420,329
Commercial		491,600		470,629
Other		307,911		308,827
Total assets	$	1,466,259	$	1,430,839