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Joint Ventures - Unconsolidated JV - Statements of Operations (Details)
$ in Thousands
3 Months Ended 63 Months Ended
Mar. 31, 2024
USD ($)
Transaction
Mar. 31, 2023
USD ($)
Transaction
Mar. 31, 2024
Transaction
Summarized financial information      
Total revenue $ 87,787 $ 72,991  
Expenses:      
Depreciation and amortization 11,182 7,322  
Total expenses 71,835 61,687  
Operating income 15,952 11,304  
Other (expense) income:      
Interest expense (8,553) (6,209)  
Other income (expense), net (463) 713  
Total other income, net 1,799 1,618  
Net income 13,102 9,481  
Proceeds from sale of assets 74 9  
Unconsolidated joint ventures      
Summarized financial information      
Total revenue 95,761 81,834  
Expenses:      
Cost of revenue 74,816 69,529  
Other operating expenses 4,586 4,066  
Depreciation and amortization 906 639  
Total expenses 80,308 74,234  
Operating income 15,453 7,600  
Other (expense) income:      
Interest expense (815) (211)  
Other income (expense), net 134 (123)  
Total other income, net (681) (334)  
Net income 14,772 7,266  
Latitude Margaritaville Watersound JV      
Summarized financial information      
Total revenue 90,209 76,429  
Expenses:      
Cost of revenue 68,964 64,478  
Other operating expenses 4,586 3,997  
Depreciation and amortization 133 160  
Total expenses 73,683 68,635  
Operating income 16,526 7,794  
Other (expense) income:      
Other income (expense), net 32 10  
Total other income, net 32 10  
Net income $ 16,558 $ 7,804  
Latitude Margaritaville Watersound JV | Residential homes      
Other (expense) income:      
Number of home sale transactions | Transaction 177 149 1,181
Sea Sound JV      
Expenses:      
Other operating expenses   $ 63  
Total expenses   63  
Operating income   (63)  
Other (expense) income:      
Net income   (63)  
Watersound Fountains Independent Living JV      
Summarized financial information      
Total revenue $ 96    
Expenses:      
Cost of revenue 737    
Depreciation and amortization 218    
Total expenses 955    
Operating income (859)    
Other (expense) income:      
Interest expense (500)    
Other income (expense), net 9    
Total other income, net (491)    
Net income (1,350) 0  
Pier Park TPS JV      
Summarized financial information      
Total revenue 768 898  
Expenses:      
Cost of revenue 649 692  
Depreciation and amortization 360 361  
Total expenses 1,009 1,053  
Operating income (241) (155)  
Other (expense) income:      
Interest expense (189) (183)  
Other income (expense), net 4 4  
Total other income, net (185) (179)  
Net income (426) (334)  
Pier Park RI JV      
Other (expense) income:      
Net income 0 0  
Busy Bee JV      
Summarized financial information      
Total revenue 3,151 3,519  
Expenses:      
Cost of revenue 3,074 3,508  
Depreciation and amortization 133 116  
Total expenses 3,207 3,624  
Operating income (56) (105)  
Other (expense) income:      
Interest expense (42) (25)  
Other income (expense), net 89 (137)  
Total other income, net 47 (162)  
Net income (9) (267)  
Electric Cart Watersound JV      
Summarized financial information      
Total revenue 925 557  
Expenses:      
Cost of revenue 827 475  
Other operating expenses   6  
Depreciation and amortization 62 2  
Total expenses 889 483  
Operating income 36 74  
Other (expense) income:      
Interest expense (84) (3)  
Total other income, net (84) (3)  
Net income (48) 71  
Watersound Management JV      
Summarized financial information      
Total revenue 612 431  
Expenses:      
Cost of revenue 565 376  
Total expenses 565 376  
Operating income 47 55  
Other (expense) income:      
Net income $ 47 $ 55