XML 67 R57.htm IDEA: XBRL DOCUMENT v3.23.3
Joint Ventures - Unconsolidated JV - Latitude Margaritaville Watersound JV (Details)
$ in Thousands
3 Months Ended 9 Months Ended 57 Months Ended
Sep. 30, 2023
USD ($)
home
Transaction
Sep. 30, 2022
Transaction
Sep. 30, 2023
USD ($)
Transaction
home
Sep. 30, 2022
USD ($)
Transaction
Sep. 30, 2023
USD ($)
Transaction
home
Dec. 31, 2022
USD ($)
Investments            
Investment in unconsolidated joint ventures $ 68,406   $ 68,406   $ 68,406 $ 50,025
Capital contribution to unconsolidated joint ventures     2,305 $ 2,505    
Latitude Margaritaville Watersound JV            
Investments            
Amount as lender of secured revolving promissory note 10,000   10,000   10,000 10,000
Secured revolving promissory note with unconsolidated Latitude Margaritaville Watersound JV, homesite development - 5.0% interest rate, due June 2025            
Investments            
Note receivable 0   0   0 0
Latitude Margaritaville Watersound JV            
Investments            
Investment in unconsolidated joint ventures 49,713   49,713   49,713 $ 33,235
Amount of infrastructure improvements completed $ 8,000   $ 8,000   $ 8,000  
Ownership percentage 50.00%   50.00%   50.00% 50.00%
Average amount of land contribution returned per home     $ 10      
Latitude Margaritaville Watersound JV | Residential homes            
Investments            
Number of units under contract | home 632   632   632  
Number of home sale transactions | Transaction 189 117 502 200 865  
Number of units to be developed, including units completed | home 3,500   3,500   3,500