XML 156 R137.htm IDEA: XBRL DOCUMENT v3.24.0.1
Schedule III (Consolidated) - Real Estate and Accumulated Depreciation (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Schedule III, Real Estate        
Encumbrances $ 459,221      
Initial Cost to Company, Land & Improvements 267,366      
Initial Cost to Company, Buildings & Improvements 690,773      
Costs Capitalized Subsequent to Acquisition or Construction 178,953      
Land & Land Improvements 451,605      
Buildings and Improvements 685,487      
Total 1,137,092 $ 1,092,229 $ 777,279 $ 627,613
Accumulated Depreciation and Amortization 118,474      
Aggregate cost of real estate owned for federal income tax purposes $ 1,055,300      
Land improvements | Minimum        
Schedule III, Real Estate        
Depreciation Life (in years) 15 years      
Land improvements | Maximum        
Schedule III, Real Estate        
Depreciation Life (in years) 20 years      
Buildings | Minimum        
Schedule III, Real Estate        
Depreciation Life (in years) 20 years      
Buildings | Maximum        
Schedule III, Real Estate        
Depreciation Life (in years) 40 years      
Building improvements | Minimum        
Schedule III, Real Estate        
Depreciation Life (in years) 5 years      
Building improvements | Maximum        
Schedule III, Real Estate        
Depreciation Life (in years) 25 years      
Leasehold Improvements | Minimum        
Schedule III, Real Estate        
Depreciation Life (in years) 2 years      
Leasehold Improvements | Maximum        
Schedule III, Real Estate        
Depreciation Life (in years) 25 years      
Residential development, Bay County, FL        
Schedule III, Real Estate        
Encumbrances $ 17      
Initial Cost to Company, Land & Improvements 2,626      
Costs Capitalized Subsequent to Acquisition or Construction 68,998      
Land & Land Improvements 71,624      
Total 71,624      
Residential development, Gulf County, FL        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 4,000      
Costs Capitalized Subsequent to Acquisition or Construction 28,411      
Land & Land Improvements 32,411      
Total 32,411      
Residential development, Walton County, FL        
Schedule III, Real Estate        
Costs Capitalized Subsequent to Acquisition or Construction 32,355      
Land & Land Improvements 32,355      
Total 32,355      
Residential development, Franklin and Leon Counties, FL        
Schedule III, Real Estate        
Encumbrances 1,114      
Initial Cost to Company, Land & Improvements 8,873      
Costs Capitalized Subsequent to Acquisition or Construction (4,145)      
Land & Land Improvements 4,728      
Total 4,728      
Residential operating property        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 6,287      
Initial Cost to Company, Buildings & Improvements 12,110      
Costs Capitalized Subsequent to Acquisition or Construction (7,465)      
Land & Land Improvements 6,329      
Buildings and Improvements 4,603      
Total 10,932      
Accumulated Depreciation and Amortization 2,636      
Hospitality, WaterColor Hospitality        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 1,137      
Initial Cost to Company, Buildings & Improvements 19,520      
Costs Capitalized Subsequent to Acquisition or Construction 13,802      
Land & Land Improvements 4,399      
Buildings and Improvements 30,060      
Total 34,459      
Accumulated Depreciation and Amortization 13,530      
Hospitality, The Pearl Hotel        
Schedule III, Real Estate        
Encumbrances 35,520      
Initial Cost to Company, Land & Improvements 10,518      
Initial Cost to Company, Buildings & Improvements 38,742      
Land & Land Improvements 10,518      
Buildings and Improvements 38,742      
Total 49,260      
Accumulated Depreciation and Amortization 1,136      
Hospitality, Pier Park Resort Hotel JV        
Schedule III, Real Estate        
Encumbrances 51,888      
Initial Cost to Company, Land & Improvements 5,500      
Initial Cost to Company, Buildings & Improvements 57,803      
Land & Land Improvements 5,500      
Buildings and Improvements 57,803      
Total 63,303      
Accumulated Depreciation and Amortization 1,347      
Hospitality, The Lodge 30A JV        
Schedule III, Real Estate        
Encumbrances 14,655      
Initial Cost to Company, Land & Improvements 3,303      
Initial Cost to Company, Buildings & Improvements 12,339      
Land & Land Improvements 3,303      
Buildings and Improvements 12,339      
Total 15,642      
Accumulated Depreciation and Amortization 363      
Hospitality, Hotel Indigo/Harrison's Kitchen & Bar        
Schedule III, Real Estate        
Encumbrances 20,690      
Initial Cost to Company, Land & Improvements 2,426      
Initial Cost to Company, Buildings & Improvements 30,758      
Costs Capitalized Subsequent to Acquisition or Construction 92      
Land & Land Improvements 2,518      
Buildings and Improvements 30,758      
Total 33,276      
Accumulated Depreciation and Amortization 633      
Hospitality, Hilton Garden Inn Panama City Airport        
Schedule III, Real Estate        
Encumbrances 13,010      
Initial Cost to Company, Land & Improvements 1,693      
Initial Cost to Company, Buildings & Improvements 17,101      
Land & Land Improvements 1,693      
Buildings and Improvements 17,101      
Total 18,794      
Accumulated Depreciation and Amortization 1,341      
Hospitality, Homewood Suites by Hilton Panama City Beach        
Schedule III, Real Estate        
Encumbrances 15,937      
Initial Cost to Company, Land & Improvements 1,953      
Initial Cost to Company, Buildings & Improvements 20,193      
Costs Capitalized Subsequent to Acquisition or Construction 22      
Land & Land Improvements 1,975      
Buildings and Improvements 20,193      
Total 22,168      
Accumulated Depreciation and Amortization 1,151      
Hospitality, Home2 Suites by Hilton Santa Rosa Beach        
Schedule III, Real Estate        
Encumbrances 12,307      
Initial Cost to Company, Land & Improvements 2,304      
Initial Cost to Company, Buildings & Improvements 14,958      
Land & Land Improvements 2,304      
Buildings and Improvements 14,958      
Total 17,262      
Accumulated Depreciation and Amortization 285      
Hospitality, Watersound Club - Camp Creek Inn, amenity and golf course        
Schedule III, Real Estate        
Encumbrances 27,999      
Initial Cost to Company, Land & Improvements 34,475      
Initial Cost to Company, Buildings & Improvements 45,830      
Costs Capitalized Subsequent to Acquisition or Construction 456      
Land & Land Improvements 34,931      
Buildings and Improvements 45,830      
Total 80,761      
Accumulated Depreciation and Amortization 9,036      
Hospitality, Watersound Club, other        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 20,906      
Initial Cost to Company, Buildings & Improvements 29,483      
Costs Capitalized Subsequent to Acquisition or Construction (92)      
Land & Land Improvements 34,439      
Buildings and Improvements 15,858      
Total 50,297      
Accumulated Depreciation and Amortization 16,805      
Hospitality, Marinas        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 24,252      
Initial Cost to Company, Buildings & Improvements 10,623      
Costs Capitalized Subsequent to Acquisition or Construction 202      
Land & Land Improvements 24,936      
Buildings and Improvements 10,141      
Total 35,077      
Accumulated Depreciation and Amortization 2,327      
Hospitality, Other        
Schedule III, Real Estate        
Encumbrances 3,331      
Initial Cost to Company, Land & Improvements 11,684      
Initial Cost to Company, Buildings & Improvements 12,983      
Costs Capitalized Subsequent to Acquisition or Construction (2,238)      
Land & Land Improvements 9,904      
Buildings and Improvements 12,525      
Total 22,429      
Accumulated Depreciation and Amortization 3,928      
Commercial Leasing properties, Pier Park North JV        
Schedule III, Real Estate        
Encumbrances 41,485      
Initial Cost to Company, Land & Improvements 13,175      
Initial Cost to Company, Buildings & Improvements 35,243      
Costs Capitalized Subsequent to Acquisition or Construction 4,064      
Land & Land Improvements 13,320      
Buildings and Improvements 39,162      
Total 52,482      
Accumulated Depreciation and Amortization 16,294      
Commercial Leasing properties, VentureCrossings        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 7,199      
Initial Cost to Company, Buildings & Improvements 29,823      
Costs Capitalized Subsequent to Acquisition or Construction (1,790)      
Land & Land Improvements 5,717      
Buildings and Improvements 29,515      
Total 35,232      
Accumulated Depreciation and Amortization 8,931      
Commercial Leasing properties, US FSU/TMH Medical Campus        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 1,724      
Initial Cost to Company, Buildings & Improvements 22,970      
Land & Land Improvements 1,724      
Buildings and Improvements 22,970      
Total 24,694      
Commercial Leasing properties, Watersound Origins Crossings JV.        
Schedule III, Real Estate        
Encumbrances 52,546      
Initial Cost to Company, Land & Improvements 6,853      
Initial Cost to Company, Buildings & Improvements 33,912      
Costs Capitalized Subsequent to Acquisition or Construction 12      
Land & Land Improvements 6,859      
Buildings and Improvements 33,918      
Total 40,777      
Accumulated Depreciation and Amortization 3,149      
Commercial Leasing properties, Pier Park Crossings JV        
Schedule III, Real Estate        
Encumbrances 34,675      
Initial Cost to Company, Land & Improvements 8,456      
Initial Cost to Company, Buildings & Improvements 28,663      
Land & Land Improvements 8,456      
Buildings and Improvements 28,663      
Total 37,119      
Accumulated Depreciation and Amortization 4,807      
Commercial Leasing properties, Pier Park Crossings Phase II JV        
Schedule III, Real Estate        
Encumbrances 22,215      
Initial Cost to Company, Land & Improvements 3,567      
Initial Cost to Company, Buildings & Improvements 15,587      
Land & Land Improvements 3,567      
Buildings and Improvements 15,587      
Total 19,154      
Accumulated Depreciation and Amortization 1,725      
Commercial Leasing properties, Mexico Beach Crossings        
Schedule III, Real Estate        
Encumbrances 42,405      
Initial Cost to Company, Land & Improvements 10,929      
Initial Cost to Company, Buildings & Improvements 33,787      
Land & Land Improvements 10,928      
Buildings and Improvements 33,788      
Total 44,716      
Accumulated Depreciation and Amortization 452      
Commercial Leasing properties, North Bay Landing        
Schedule III, Real Estate        
Encumbrances 26,750      
Initial Cost to Company, Land & Improvements 3,502      
Initial Cost to Company, Buildings & Improvements 34,383      
Costs Capitalized Subsequent to Acquisition or Construction 19      
Land & Land Improvements 3,521      
Buildings and Improvements 34,383      
Total 37,904      
Accumulated Depreciation and Amortization 1,123      
Commercial Leasing properties, Origins Crossings Townhomes        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 2,944      
Initial Cost to Company, Buildings & Improvements 18,352      
Land & Land Improvements 2,944      
Buildings and Improvements 18,352      
Total 21,296      
Accumulated Depreciation and Amortization 959      
Commercial Leasing properties, Watercrest JV        
Schedule III, Real Estate        
Encumbrances 20,074      
Initial Cost to Company, Land & Improvements 3,074      
Initial Cost to Company, Buildings & Improvements 18,475      
Costs Capitalized Subsequent to Acquisition or Construction 11      
Land & Land Improvements 3,085      
Buildings and Improvements 18,475      
Total 21,560      
Accumulated Depreciation and Amortization 1,778      
Commercial Leasing properties, Self-Storage        
Schedule III, Real Estate        
Encumbrances 4,666      
Initial Cost to Company, Land & Improvements 1,003      
Initial Cost to Company, Buildings & Improvements 6,180      
Land & Land Improvements 1,303      
Buildings and Improvements 5,880      
Total 7,183      
Accumulated Depreciation and Amortization 439      
Commercial Leasing properties, Beckrich Office Park        
Schedule III, Real Estate        
Encumbrances 5,014      
Initial Cost to Company, Land & Improvements 2,200      
Initial Cost to Company, Buildings & Improvements 13,298      
Costs Capitalized Subsequent to Acquisition or Construction 360      
Land & Land Improvements 2,223      
Buildings and Improvements 13,635      
Total 15,858      
Accumulated Depreciation and Amortization 1,994      
Commercial Leasing properties, Watersound Town Center        
Schedule III, Real Estate        
Encumbrances 10,531      
Initial Cost to Company, Land & Improvements 12,827      
Initial Cost to Company, Buildings & Improvements 46,433      
Costs Capitalized Subsequent to Acquisition or Construction 16      
Land & Land Improvements 12,843      
Buildings and Improvements 46,433      
Total 59,276      
Accumulated Depreciation and Amortization 2,182      
Watersound West Bay, WindMark Commercial Leasing properties, Beach, WaterColor And WaterSound Gatehouse Town Centers        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 5,505      
Initial Cost to Company, Buildings & Improvements 12,655      
Costs Capitalized Subsequent to Acquisition or Construction 2,571      
Land & Land Improvements 5,513      
Buildings and Improvements 15,218      
Total 20,731      
Accumulated Depreciation and Amortization 12,139      
Commercial Leasing properties, Other leasing        
Schedule III, Real Estate        
Encumbrances 2,392      
Initial Cost to Company, Land & Improvements 4,575      
Initial Cost to Company, Buildings & Improvements 16,795      
Costs Capitalized Subsequent to Acquisition or Construction 449      
Land & Land Improvements 4,996      
Buildings and Improvements 16,823      
Total 21,819      
Accumulated Depreciation and Amortization 5,740      
Commercial developments        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 31,247      
Costs Capitalized Subsequent to Acquisition or Construction 23,873      
Land & Land Improvements 55,120      
Total 55,120      
Accumulated Depreciation and Amortization 35      
Timberlands and other unimproved land        
Schedule III, Real Estate        
Initial Cost to Company, Land & Improvements 6,649      
Initial Cost to Company, Buildings & Improvements 1,774      
Costs Capitalized Subsequent to Acquisition or Construction 16,046      
Land & Land Improvements 22,695      
Buildings and Improvements 1,774      
Total 24,469      
Accumulated Depreciation and Amortization 2,209      
Mitigation banks and other        
Schedule III, Real Estate        
Costs Capitalized Subsequent to Acquisition or Construction 2,924      
Land & Land Improvements 2,924      
Total $ 2,924