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Debt, Net - Debt Agreements (Details)
$ in Thousands
1 Months Ended 9 Months Ended 12 Months Ended 60 Months Ended 180 Months Ended
Sep. 30, 2023
USD ($)
Mar. 31, 2023
USD ($)
Feb. 28, 2023
USD ($)
Dec. 31, 2022
USD ($)
Jul. 31, 2022
USD ($)
Jan. 31, 2022
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
home
Oct. 31, 2028
Nov. 30, 2042
Apr. 30, 2027
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2015
USD ($)
Debt instruments                                    
Outstanding debt $ 458,864     $ 391,411     $ 458,864   $ 391,411                  
Loss on extinguishment of debt             133 $ 130                    
Community Development District debt (CDD) 10,600     12,800     10,600   12,800                  
Assets 1,542,106     1,430,839     1,542,106   1,430,839                  
Asset Pledged as Collateral without Right                                    
Debt instruments                                    
Assets $ 598,800           $ 598,800                      
Assets, Pledging Purpose Outstanding debt           Outstanding debt                      
Watersound Origins Crossings JV Loan (insured by HUD)                                    
Debt instruments                                    
Loan amount                       $ 44,000            
Outstanding debt $ 52,690 $ 52,900 $ 44,000 44,015     $ 52,690   $ 44,015                  
Debt interest rate (as a percent)   5.00%                                
Additional loan cost from refinance             900                      
Loss on extinguishment of debt             100                      
Watersound Origins Crossings JV Loan (insured by HUD) | Minimum                                    
Debt instruments                                    
Prepayment premium, as a percent of principal repaid   1.00%                                
Watersound Origins Crossings JV Loan (insured by HUD) | Maximum                                    
Debt instruments                                    
Prepayment premium, as a percent of principal repaid   10.00%                                
Watersound Origins Crossings JV Loan (insured by HUD) | SOFR                                    
Debt instruments                                    
Basis spread on variable rate (as a percent)                 2.80%                  
Pier Park Resort Hotel JV Loan                                    
Debt instruments                                    
Loan amount                     $ 52,500              
Outstanding debt $ 52,131     45,209     52,131   $ 45,209                  
Debt service coverage period                     12 months              
Pier Park Resort Hotel JV Loan | Maximum                                    
Debt instruments                                    
Loan amount                     $ 60,000              
Pier Park Resort Hotel JV Loan | Interest rate swap                                    
Debt instruments                                    
Notional amount       $ 42,000         $ 42,000                  
Fixed interest rate (as a percent)     3.30% 3.30%         3.30%                  
Pier Park Resort Hotel JV Loan | Interest rate swap | Forecast                                    
Debt instruments                                    
Notional amount                               $ 38,700    
Pier Park Resort Hotel JV Loan | SOFR                                    
Debt instruments                                    
Basis spread on variable rate (as a percent) 2.10%   2.10%                              
PPN JV Loan                                    
Debt instruments                                    
Loan amount                                   $ 48,200
Outstanding debt $ 41,757     $ 42,555     41,757   $ 42,555                  
Mexico Beach Crossings JV Loan (insured by HUD)                                    
Debt instruments                                    
Loan amount           $ 43,500                        
Outstanding debt 41,351     23,374     41,351   23,374                  
Debt instrument, period subject to interest payments only           27 months                        
Mexico Beach Crossings JV Loan (insured by HUD) | Minimum                                    
Debt instruments                                    
Prepayment premium, as a percent of principal repaid           1.00%                        
Mexico Beach Crossings JV Loan (insured by HUD) | Maximum                                    
Debt instruments                                    
Prepayment premium, as a percent of principal repaid           10.00%                        
Pearl Hotel Loan                                    
Debt instruments                                    
Loan amount       37,000         37,000                  
Outstanding debt 35,890     $ 37,000     35,890   37,000                  
Pearl Hotel Loan | Minimum                                    
Debt instruments                                    
Prepayment premium, as a percent of principal repaid       1.00%                            
Pearl Hotel Loan | Maximum                                    
Debt instruments                                    
Prepayment premium, as a percent of principal repaid       5.00%                            
PPC JV Loan (insured by HUD)                                    
Debt instruments                                    
Loan amount                         $ 36,600          
Outstanding debt 34,803     $ 35,180     34,803   35,180                  
PPC JV Loan (insured by HUD) | Minimum                                    
Debt instruments                                    
Prepayment premium, as a percent of principal repaid                         2.00%          
PPC JV Loan (insured by HUD) | Maximum                                    
Debt instruments                                    
Prepayment premium, as a percent of principal repaid                         9.00%          
Watersound Camp Creek Loan                                    
Debt instruments                                    
Loan amount                   $ 28,000                
Outstanding debt $ 27,999     13,131     $ 27,999   $ 13,131                  
Floor rate (as a percent)     2.60%       2.60%   2.60%                  
Company's liability as guarantor, upon reaching and maintaining a trailing six months of operations with a certain debt service coverage ratio (as a percent)                   50.00%                
Trailing period one for determining Company's liability as guarantor under loan                   6 months                
Company's liability as guarantor, upon reaching and maintaining a trailing twelve months operations with a certain debt service coverage ratio (as a percent)                   25.00%                
Trailing period two for determining Company's liability as guarantor under loan                   12 months                
Watersound Camp Creek Loan | SOFR                                    
Debt instruments                                    
Basis spread on variable rate (as a percent) 2.10%   2.10%                              
North Bay Landing Loan                                    
Debt instruments                                    
Loan amount                   $ 26,800                
Outstanding debt $ 26,750     18,222     $ 26,750   $ 18,222                  
Floor rate (as a percent)             3.30%   3.30%                  
Loan extension period                   18 months                
Company's liability as guarantor, upon satisfaction of final advance conditions (as a percent)                   50.00%                
Company's liability as guarantor, upon reaching and maintaining a certain debt service coverage ratio (as a percent)                   25.00%                
North Bay Landing Loan | SOFR                                    
Debt instruments                                    
Basis spread on variable rate (as a percent) 2.60%                                  
PPC II JV Loan (insured by HUD)                                    
Debt instruments                                    
Loan amount                       $ 22,900            
Outstanding debt $ 22,318     22,623     $ 22,318   $ 22,623                  
PPC II JV Loan (insured by HUD) | Minimum                                    
Debt instruments                                    
Prepayment premium, as a percent of principal repaid                       1.00%            
PPC II JV Loan (insured by HUD) | Maximum                                    
Debt instruments                                    
Prepayment premium, as a percent of principal repaid                       9.00%            
Watercrest JV Loan                                    
Debt instruments                                    
Loan amount                       $ 22,500            
Outstanding debt $ 20,192     21,038     20,192   21,038                  
Watercrest JV Loan | SOFR                                    
Debt instruments                                    
Basis spread on variable rate (as a percent) 2.20%                                  
Hotel Indigo Loan                                    
Debt instruments                                    
Loan amount                   $ 21,200                
Outstanding debt $ 18,298     10,427     $ 18,298   $ 10,427                  
Debt instrument, period subject to interest payments only                   24 months                
Floor rate (as a percent)             2.70%   2.70%                  
Loan extension period                   60 months                
Hotel Indigo Loan | Forecast                                    
Debt instruments                                    
Floor rate (as a percent)                           2.50%        
Hotel Indigo Loan | SOFR                                    
Debt instruments                                    
Basis spread on variable rate (as a percent) 2.70%                                  
Hotel Indigo Loan | SOFR | Forecast                                    
Debt instruments                                    
Basis spread on variable rate (as a percent)                           2.50%        
Breakfast Point Hotel Loan                                    
Debt instruments                                    
Loan amount                     $ 16,800              
Outstanding debt $ 16,050     16,376     $ 16,050   $ 16,376                  
Breakfast Point Hotel Loan | Minimum                                    
Debt instruments                                    
Prepayment premium, as a percent of principal repaid                     1.00%              
Breakfast Point Hotel Loan | Maximum                                    
Debt instruments                                    
Prepayment premium, as a percent of principal repaid                     3.00%              
Breakfast Point Hotel Loan | Treasury - 1 year Constant Maturity | Forecast                                    
Debt instruments                                    
Basis spread on variable rate (as a percent)                             3.30%      
Breakfast Point Hotel Loan | Treasury - 1 year Constant Maturity | Minimum | Forecast                                    
Debt instruments                                    
Interest rate during period (as a percent)                             6.00%      
Lodge 30A JV Loan                                    
Debt instruments                                    
Loan amount                   $ 15,000                
Outstanding debt 14,781     13,304     14,781   13,304                  
Debt service coverage period                   24 months                
Company's liability as guarantor, third year (as a percent)                   75.00%                
Company's liability as guarantor, period for lower liability percentage                   12 months                
Company's liability as guarantor, fourth year (as a percent)                   50.00%                
Company's liability as guarantor, fifth year (as a percent)                   25.00%                
Airport Hotel Loan                                    
Debt instruments                                    
Loan amount                     $ 15,300              
Outstanding debt $ 14,561     14,642     $ 14,561   $ 14,642                  
Floor rate (as a percent)             3.00%   3.00%                  
Airport Hotel Loan | SOFR                                    
Debt instruments                                    
Basis spread on variable rate (as a percent) 2.10%                                  
Topsail Hotel Loan                                    
Debt instruments                                    
Loan amount         $ 13,700                          
Outstanding debt $ 12,307     5,199     $ 12,307   $ 5,199                  
Debt instrument, period subject to interest payments only         36 months                          
Floor rate (as a percent)             3.00%   3.00%                  
Topsail Hotel Loan | SOFR                                    
Debt instruments                                    
Basis spread on variable rate (as a percent) 2.10%                                  
Watersound Town Center Grocery Loan                                    
Debt instruments                                    
Loan amount                   $ 12,000                
Outstanding debt $ 10,567     11,379     $ 10,567   $ 11,379                  
Floor rate (as a percent)             2.30%   2.30%                  
Company's liability as guarantor, upon satisfaction of final advance conditions (as a percent)                   50.00%                
Company's liability as guarantor, upon reaching and maintaining a certain debt service coverage ratio (as a percent)                   25.00%                
Occupancy requirement (as a percent)                   93.00%                
Occupancy period                   90 days                
Watersound Town Center Grocery Loan | SOFR                                    
Debt instruments                                    
Basis spread on variable rate (as a percent) 2.10%                                  
Beckrich Building III Loan                                    
Debt instruments                                    
Loan amount                       $ 5,500            
Outstanding debt $ 5,014     5,020     $ 5,014   $ 5,020                  
Beckrich Building III Loan | SOFR                                    
Debt instruments                                    
Basis spread on variable rate (as a percent) 1.80%                                  
Self-Storage Facility Loan                                    
Debt instruments                                    
Loan amount                     $ 5,800              
Outstanding debt $ 4,666     4,666     $ 4,666   $ 4,666                  
Debt instrument, period subject to interest payments only                     48 months              
Floor rate (as a percent)             2.90%   2.90%                  
Self-Storage Facility Loan | Maximum                                    
Debt instruments                                    
Amount of liability as guarantor                     $ 2,900              
Self-Storage Facility Loan | SOFR                                    
Debt instruments                                    
Basis spread on variable rate (as a percent) 2.50%                                  
Community Development District debt                                    
Debt instruments                                    
Outstanding debt $ 2,901     4,113     $ 2,901   $ 4,113                  
Beach Homes Loan                                    
Debt instruments                                    
Loan amount                         $ 1,700          
Outstanding debt $ 1,423     1,447     1,423   1,447                  
Number of homes financed | home                         2          
Beach Homes Loan | SOFR                                    
Debt instruments                                    
Basis spread on variable rate (as a percent) 1.70%                                  
Pier Park Outparcel Loan                                    
Debt instruments                                    
Loan amount                                 $ 1,600  
Outstanding debt $ 1,280     1,300     1,280   1,300                  
Pier Park Outparcel Loan | SOFR                                    
Debt instruments                                    
Basis spread on variable rate (as a percent) 1.80%                                  
WaterColor Crossings Loan                                    
Debt instruments                                    
Loan amount                         $ 1,900          
Outstanding debt $ 1,135     $ 1,191     $ 1,135   $ 1,191                  
WaterColor Crossings Loan | SOFR                                    
Debt instruments                                    
Basis spread on variable rate (as a percent) 1.80%