XML 55 R46.htm IDEA: XBRL DOCUMENT v3.25.3
Nature of the Rental Pool Lease Operation and Agreements (Details)
12 Months Ended
Jan. 01, 2024
USD ($)
Dec. 31, 2024
USD ($)
Item
Dec. 31, 2023
USD ($)
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
USD ($)
Nature of the Rental Pool Lease Operation and Agreements              
Amounts available to participants   $ 3,437,000 $ 3,717,000        
Amounts available to participants owed by entity   829,000 705,000        
Incentive payments   0 112,000        
Percentage of reimbursement       25 20 15 10
Amount paid to participants   829,000 705,000        
Escrow balance   $ 1,000          
Percentage of estimated costs of future renovation to units   50.00%          
New agreement description   Participants to maintain an escrow balance equal to $1,000 plus an amount equal to an Aging Factor, which represents fifty percent (50%) of the estimated costs of future renovation to the Units in order to maintain the Standard established under the New MLA.          
40%              
Nature of the Rental Pool Lease Operation and Agreements              
Participants' quarterly distribution as a percentage of adjusted gross revenues   40.00%          
Adjusted Gross revenue   $ 10,000,000          
45%              
Nature of the Rental Pool Lease Operation and Agreements              
Participants' quarterly distribution as a percentage of adjusted gross revenues 45.00% 45.00%          
50%              
Nature of the Rental Pool Lease Operation and Agreements              
Participants' quarterly distribution as a percentage of adjusted gross revenues 50.00% 50.00%          
Fund The cost In Exchange For The Participating Owner's Dedication Of Their Unit              
Nature of the Rental Pool Lease Operation and Agreements              
Number of units choosing by the participants | Item   192          
Number of doors choosing by the participants | Item   233          
Amount paid to participants             $ 3,146,363
Provided An Additional Incentive Payment Equal To The Cost Overrun              
Nature of the Rental Pool Lease Operation and Agreements              
Number of units choosing by the participants | Item   13          
Number of doors choosing by the participants | Item   15          
42%              
Nature of the Rental Pool Lease Operation and Agreements              
Participants' quarterly distribution as a percentage of adjusted gross revenues 42.00%            
Adjusted Gross revenue $ 8,700,000            
Minimum | 45%              
Nature of the Rental Pool Lease Operation and Agreements              
Adjusted Gross revenue 8,700,000 $ 10,000,000          
Minimum | 50%              
Nature of the Rental Pool Lease Operation and Agreements              
Adjusted Gross revenue 9,700,000 11,000,000          
Maximum | 45%              
Nature of the Rental Pool Lease Operation and Agreements              
Adjusted Gross revenue $ 9,700,000 11,000,000          
Innisbrook Rental Pool Lease Operation              
Nature of the Rental Pool Lease Operation and Agreements              
Percentage of reimbursement       25 20 15 10
Escrow balance   $ 1,000          
Percentage of estimated costs of future renovation to units   50.00%          
percentage Of Occupancy Fees   90.00%          
Carpet care reserve deposits percentage   0.00%          
Carpet care expenses   $ 2,600 $ 28,700        
Innisbrook Rental Pool Lease Operation | 40%              
Nature of the Rental Pool Lease Operation and Agreements              
Participants' quarterly distribution as a percentage of adjusted gross revenues   40.00%          
Adjusted Gross revenue   $ 10,000,000          
Innisbrook Rental Pool Lease Operation | 45%              
Nature of the Rental Pool Lease Operation and Agreements              
Participants' quarterly distribution as a percentage of adjusted gross revenues 45.00% 45.00%          
Innisbrook Rental Pool Lease Operation | 50%              
Nature of the Rental Pool Lease Operation and Agreements              
Participants' quarterly distribution as a percentage of adjusted gross revenues 50.00% 50.00%          
Innisbrook Rental Pool Lease Operation | Fund The cost In Exchange For The Participating Owner's Dedication Of Their Unit              
Nature of the Rental Pool Lease Operation and Agreements              
Number of units choosing by the participants | Item   192          
Number of doors choosing by the participants | Item   233          
Innisbrook Rental Pool Lease Operation | Provided An Additional Incentive Payment Equal To The Cost Overrun              
Nature of the Rental Pool Lease Operation and Agreements              
Number of units choosing by the participants | Item   13          
Number of doors choosing by the participants | Item   15          
Innisbrook Rental Pool Lease Operation | 42%              
Nature of the Rental Pool Lease Operation and Agreements              
Participants' quarterly distribution as a percentage of adjusted gross revenues 42.00%            
Adjusted Gross revenue $ 8,700,000            
Innisbrook Rental Pool Lease Operation | Minimum | 45%              
Nature of the Rental Pool Lease Operation and Agreements              
Adjusted Gross revenue 8,700,000 $ 10,000,000          
Innisbrook Rental Pool Lease Operation | Minimum | 50%              
Nature of the Rental Pool Lease Operation and Agreements              
Adjusted Gross revenue 9,700,000 11,000,000          
Innisbrook Rental Pool Lease Operation | Maximum | 45%              
Nature of the Rental Pool Lease Operation and Agreements              
Adjusted Gross revenue $ 9,700,000 $ 11,000,000