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Joint Ventures - Unconsolidated JV - Balance Sheets (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Jun. 30, 2023
Dec. 31, 2022
Jun. 30, 2022
Dec. 31, 2021
ASSETS            
Investment in real estate, net $ 1,011,400     $ 996,261    
Cash and cash equivalents 91,998 $ 18,846   37,747    
Other assets 87,027     61,729    
Total assets 1,542,106     1,430,839    
LIABILITIES AND EQUITY            
Debt, net 453,116     385,860    
Accounts payable and other liabilities 91,199     94,371    
Equity 693,636 636,465 $ 681,710 651,109 $ 647,440 $ 626,100
Total liabilities and equity 1,542,106     1,430,839    
Proceeds from sale of assets 71 $ 17        
Unconsolidated joint ventures            
ASSETS            
Investment in real estate, net 239,438     198,480    
Cash and cash equivalents 15,819     13,943    
Other assets 6,455     6,920    
Total assets 261,712     219,343    
LIABILITIES AND EQUITY            
Debt, net 79,516     70,601    
Accounts payable and other liabilities 76,563     84,248    
Equity 105,633     64,494    
Total liabilities and equity 261,712     219,343    
Latitude Margaritaville Watersound JV            
ASSETS            
Investment in real estate, net 134,311     125,231    
Cash and cash equivalents 12,306     10,633    
Other assets 2,523     3,267    
Total assets 149,140     139,131    
LIABILITIES AND EQUITY            
Debt, net 10,540     29,530    
Accounts payable and other liabilities 68,223     76,506    
Equity 70,377     33,095    
Total liabilities and equity 149,140     139,131    
Sea Sound JV            
ASSETS            
Cash and cash equivalents 637     327    
Other assets       363    
Total assets 637     690    
LIABILITIES AND EQUITY            
Accounts payable and other liabilities 1     5    
Equity 636     685    
Total liabilities and equity 637     690    
Watersound Fountains Independent Living JV            
ASSETS            
Investment in real estate, net 50,009     38,783    
Cash and cash equivalents 147     190    
Other assets 51     11    
Total assets 50,207     38,984    
LIABILITIES AND EQUITY            
Debt, net 34,103     20,716    
Accounts payable and other liabilities 3,574     4,776    
Equity 12,530     13,492    
Total liabilities and equity 50,207     38,984    
Pier Park TPS JV            
ASSETS            
Investment in real estate, net 14,029     15,106    
Cash and cash equivalents 1,085     775    
Other assets 987     748    
Total assets 16,101     16,629    
LIABILITIES AND EQUITY            
Debt, net 13,314     13,542    
Accounts payable and other liabilities 277     186    
Equity 2,510     2,901    
Total liabilities and equity 16,101     16,629    
Pier Park RI JV            
ASSETS            
Investment in real estate, net 26,938     9,858    
Cash and cash equivalents 22     580    
Other assets 25     340    
Total assets 26,985     10,778    
LIABILITIES AND EQUITY            
Debt, net 11,491          
Accounts payable and other liabilities 3,181     2,252    
Equity 12,313     8,526    
Total liabilities and equity 26,985     10,778    
Busy Bee JV            
ASSETS            
Investment in real estate, net 8,728     7,627    
Cash and cash equivalents 866     1,081    
Other assets 2,420     1,957    
Total assets 12,014     10,665    
LIABILITIES AND EQUITY            
Debt, net 5,748     5,970    
Accounts payable and other liabilities 799     376    
Equity 5,467     4,319    
Total liabilities and equity 12,014     10,665    
Electric Cart Watersound JV            
ASSETS            
Investment in real estate, net 5,423     1,875    
Cash and cash equivalents 677     259    
Other assets 449     234    
Total assets 6,549     2,368    
LIABILITIES AND EQUITY            
Debt, net 4,320     843    
Accounts payable and other liabilities 508     147    
Equity 1,721     1,378    
Total liabilities and equity 6,549     2,368    
Watersound Management JV            
ASSETS            
Cash and cash equivalents 79     98    
Total assets 79     98    
LIABILITIES AND EQUITY            
Equity 79     98    
Total liabilities and equity $ 79     $ 98