Segment Information (Tables)

6 Months Ended

Jun. 30, 2023

Segment Information

Schedule of Information by Business Segment

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Operating revenue:
Residential	$	63,408	$	23,010	$	91,438	$	55,725
Hospitality		45,611		29,370		70,466		45,607
Commercial		18,301		15,324		37,308		30,721
Other		847		546		1,945		1,068
Consolidated operating revenue	$	128,167	$	68,250	$	201,157	$	133,121
Income (loss) before income taxes:
Residential (a)	$	39,479	$	11,357	$	55,056	$	27,923
Hospitality		3,663		5,746		168		4,783
Commercial (b)		3,677		5,312		6,475		10,153
Other (c)		(1,480)		619		(3,439)		(1,836)
Consolidated income before income taxes	$	45,339	$	23,034	$	58,260	$	41,023

(a) The three months ended June 30, 2023 and 2022, includes $5.9 million and $0.9 million, respectively, of equity in income from unconsolidated joint ventures related to the Latitude Margaritaville Watersound JV. The six months ended June 30, 2023 and 2022, includes $9.8 million and $0.3 million, respectively, of equity in income from unconsolidated joint ventures related to the Latitude Margaritaville Watersound JV. See Note 4. Joint Ventures for additional information.

(b) The six months ended June 30, 2022, include 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, Net for additional information.

(c) Includes gain on insurance recovery of $2.5 million and $3.2 million during the three and six months ended June 30, 2022, related to Hurricane Michael. See Note 16. Other Income, Net for additional information.

	June 30,		December 31,
	2023		2022
Total assets:
Residential	$	232,778	$	231,054
Hospitality		460,656		420,329
Commercial		505,155		470,629
Other		323,512		308,827
Total assets	$	1,522,101	$	1,430,839