Segment Information - Information by Business Segment (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Nov. 30, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segments
Total revenue		$ 389,285	$ 252,321	$ 266,996
Cost of revenue		235,979	145,898	131,314
Corporate and other operating expenses		23,797	22,068	23,023
Depreciation, depletion and amortization		38,776	22,888	18,202
Investment income, net		13,282	9,862	7,254
Interest expense		30,618	18,383	15,854
Gain on contributions to unconsolidated joint ventures		718	2,738	3,558
Equity in income (loss) from unconsolidated joint ventures		22,701	25,986	(865)
Other income (expense), net		3,245	12,947	10,181
Income before income taxes		100,061	94,617	98,731
Capital expenditures		217,761	356,692	200,819
Investment in unconsolidated joint ventures		66,356	50,025
Total assets		1,523,530	1,430,839
Interest income from investments in SPEs		8,012	8,012	8,078
Interest expense from Senior Notes issued by SPE		(8,856)	(8,841)	(8,827)
Gain on insurance recoveries			9,835	4,853
Loss from hurricane damage			51	56
Hospitality
Segments
Cost of revenue		122,185	77,518	58,314
Consolidated Joint Ventures
Segments
Total assets		511,721	508,634
Hurricane Michael
Segments
Gain on insurance recoveries			9,700	4,900
Maximum | Hurricane Michael
Segments
Loss from hurricane damage			100	100
Latitude Margaritaville Watersound JV
Segments
Equity in income (loss) from unconsolidated joint ventures		23,627	3,859	(1,861)
Investment in unconsolidated joint ventures		49,036	33,235
Watersound Fountains Independent Living JV
Segments
Equity in income (loss) from unconsolidated joint ventures		(725)	(250)
Investment in unconsolidated joint ventures		6,533	7,258
Gain on land contributed				3,100
Sea Sound JV
Segments
Equity in income (loss) from unconsolidated joint ventures		(35)	21,705	(15)
Investment in unconsolidated joint ventures			411
Gain on sale of assets	$ 21,700		21,700
Busy Bee JV
Segments
Equity in income (loss) from unconsolidated joint ventures		(36)	538	441
Investment in unconsolidated joint ventures		2,535	2,160
Pier Park TPS JV
Segments
Equity in income (loss) from unconsolidated joint ventures		(362)	33	551
Investment in unconsolidated joint ventures		707	1,451
Pier Park RI JV
Segments
Investment in unconsolidated joint ventures		6,156	4,263
Gain on land and impact fees contributed			1,400
Electric Cart Watersound JV
Segments
Equity in income (loss) from unconsolidated joint ventures		112	18
Investment in unconsolidated joint ventures		815	703
Gain on land contributed			400
Residential segment
Segments
Equity in income (loss) from unconsolidated joint ventures		23,627	3,859	(1,861)
Investment in unconsolidated joint ventures		49,036	33,236
Residential segment | Latitude Margaritaville Watersound JV
Segments
Equity in income (loss) from unconsolidated joint ventures		23,600	3,900	(1,900)
Commercial segment
Segments
Equity in income (loss) from unconsolidated joint ventures		(926)	22,127	996
Investment in unconsolidated joint ventures		17,320	16,789
Operating Segments | Residential segment
Segments
Total revenue		155,820	92,886	144,854
Cost of revenue		77,946	44,115	56,889
Corporate and other operating expenses		4,501	3,901	4,799
Depreciation, depletion and amortization		211	156	179
Investment income, net		1,691	1,046	828
Interest expense		421	484	581
Gain on contributions to unconsolidated joint ventures		718	939	503
Other income (expense), net		202	(508)	113
Income before income taxes		98,978	49,566	81,989
Capital expenditures		74,362	92,203	52,838
Total assets		233,957	225,854
Operating Segments | Hospitality segment
Segments
Total revenue		154,574	97,236	74,591
Cost of revenue		124,813	77,862	57,494
Corporate and other operating expenses		1,820	1,179	1,003
Depreciation, depletion and amortization		22,101	9,366	6,966
Investment income, net		265
Interest expense		9,657	1,709	488
Other income (expense), net		(82)	1,807	635
Income before income taxes		(3,635)	8,929	9,275
Capital expenditures		72,275	171,056	101,686
Total assets		465,828	425,529
Operating Segments | Commercial segment
Segments
Total revenue		74,437	59,379	45,557
Cost of revenue		30,300	21,786	15,393
Corporate and other operating expenses		4,321	4,239	3,969
Depreciation, depletion and amortization		16,056	12,968	10,662
Investment income, net		49	33	46
Interest expense		11,680	7,343	5,949
Gain on contributions to unconsolidated joint ventures			1,799	3,055
Other income (expense), net		30	(687)	3,722
Income before income taxes		11,233	36,316	17,403
Capital expenditures		70,077	92,992	45,843
Total assets		511,978	470,629
Operating Segments | Commercial segment | Watersound Fountains Independent Living JV
Segments
Gain on land contributed				3,100
Operating Segments | Commercial segment | Sea Sound JV
Segments
Gain on sale of assets			21,700
Operating Segments | Commercial segment | Pier Park RI JV
Segments
Gain on land and impact fees contributed			1,400
Operating Segments | Commercial segment | Electric Cart Watersound JV
Segments
Gain on land contributed			400
Operating Segments | Commercial segment | Florida Division of Emergency Management's Florida Timber Recovery Block Grant Program
Segments
Other income (expense), net		1,100		3,600
Other reconciling items
Segments
Total revenue		4,454	2,820	1,994
Cost of revenue		2,920	2,135	1,538
Corporate and other operating expenses		13,155	12,749	13,252
Depreciation, depletion and amortization		408	398	395
Investment income, net		11,277	8,783	6,380
Interest expense		8,860	8,847	8,836
Other income (expense), net		3,095	12,335	5,711
Income before income taxes		(6,515)	(194)	(9,936)
Capital expenditures		1,047	441	452
Total assets		311,767	308,827
Interest income from investments in SPEs		8,000	8,000	8,100
Interest expense from Senior Notes issued by SPE		$ (8,900)	(8,800)	(8,800)
Other reconciling items | Hurricane Michael
Segments
Gain on insurance recoveries			$ 9,700	$ 4,900