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Joint Ventures - Unconsolidated JV - Balance Sheets (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Dec. 31, 2022
ASSETS        
Investment in real estate, net $ 1,022,927   $ 1,018,618  
Cash and cash equivalents 89,768 $ 57,152 86,068  
Other assets 84,854   82,243  
Total assets 1,537,658   1,523,530  
LIABILITIES AND EQUITY        
Debt, net 451,990   453,640  
Accounts payable and other liabilities 65,429   58,573  
Equity 704,870 652,383 698,490 $ 651,109
Total liabilities and equity 1,537,658   1,523,530  
Proceeds from sale of assets 74 $ 9    
Unconsolidated joint ventures        
ASSETS        
Investment in real estate, net 267,893   261,262  
Cash and cash equivalents 22,623   30,886  
Other assets 7,027   5,953  
Total assets 297,543   298,101  
LIABILITIES AND EQUITY        
Debt, net 109,746   114,071  
Accounts payable and other liabilities 73,262   80,990  
Equity 114,535   103,040  
Total liabilities and equity 297,543   298,101  
Latitude Margaritaville Watersound JV        
ASSETS        
Investment in real estate, net 152,508   149,253  
Cash and cash equivalents 18,524   28,235  
Other assets 2,780   2,883  
Total assets 173,812   180,371  
LIABILITIES AND EQUITY        
Debt, net 26,555   37,155  
Accounts payable and other liabilities 65,720   72,872  
Equity 81,537   70,344  
Total liabilities and equity 173,812   180,371  
Watersound Fountains Independent Living JV        
ASSETS        
Investment in real estate, net 52,676   52,301  
Cash and cash equivalents 2,028   215  
Other assets 882   67  
Total assets 55,586   52,583  
LIABILITIES AND EQUITY        
Debt, net 40,308   37,493  
Accounts payable and other liabilities 2,218   2,947  
Equity 13,060   12,143  
Total liabilities and equity 55,586   52,583  
Pier Park TPS JV        
ASSETS        
Investment in real estate, net 13,308   13,666  
Cash and cash equivalents 637   719  
Other assets 660   617  
Total assets 14,605   15,002  
LIABILITIES AND EQUITY        
Debt, net 13,337   13,408  
Accounts payable and other liabilities 338   181  
Equity 930   1,413  
Total liabilities and equity 14,605   15,002  
Pier Park RI JV        
ASSETS        
Investment in real estate, net 35,563   32,053  
Cash and cash equivalents 159   44  
Other assets 115   25  
Total assets 35,837   32,122  
LIABILITIES AND EQUITY        
Debt, net 19,358   15,681  
Accounts payable and other liabilities 4,166   4,128  
Equity 12,313   12,313  
Total liabilities and equity 35,837   32,122  
Busy Bee JV        
ASSETS        
Investment in real estate, net 8,506   8,605  
Cash and cash equivalents 573   613  
Other assets 2,195   1,965  
Total assets 11,274   11,183  
LIABILITIES AND EQUITY        
Debt, net 5,596   5,673  
Accounts payable and other liabilities 630   439  
Equity 5,048   5,071  
Total liabilities and equity 11,274   11,183  
Electric Cart Watersound JV        
ASSETS        
Investment in real estate, net 5,332   5,384  
Cash and cash equivalents 630   902  
Other assets 370   396  
Total assets 6,332   6,682  
LIABILITIES AND EQUITY        
Debt, net 4,592   4,661  
Accounts payable and other liabilities 190   423  
Equity 1,550   1,598  
Total liabilities and equity 6,332   6,682  
Watersound Management JV        
ASSETS        
Cash and cash equivalents 72   158  
Other assets 25      
Total assets 97   158  
LIABILITIES AND EQUITY        
Equity 97   158  
Total liabilities and equity $ 97   $ 158