Joint Ventures - Unconsolidated JV - Balance Sheets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2018	Dec. 31, 2022
ASSETS
Investment in real estate, net	$ 1,004,858	$ 1,040,428
Cash and cash equivalents	129,614	88,756	$ 86,068
Other assets	73,782	80,318
Total assets	1,518,426	1,538,574
LIABILITIES AND EQUITY
Debt, net	391,159	437,754
Accounts payable and other liabilities	48,297	53,969
Equity (deficit)	775,625	736,735	698,490		$ 651,109
Total liabilities and equity	1,518,426	1,538,574
Capital contribution to unconsolidated joint ventures	7,823	1,734	$ 2,305
Pier Park TPS JV
LIABILITIES AND EQUITY
Capital contribution to unconsolidated joint ventures				$ 3,100
Cumulative distributions	2,900
Pier Park TPS JV | Pier Park TPS JV Partner
LIABILITIES AND EQUITY
Capital contribution to unconsolidated joint ventures				$ 3,100
Cumulative distributions	2,900
Unconsolidated joint ventures
ASSETS
Investment in real estate, net	211,335	268,263
Cash and cash equivalents	13,791	30,594
Other assets	3,961	5,915
Total assets	229,087	304,772
LIABILITIES AND EQUITY
Debt, net	79,259	130,386
Accounts payable and other liabilities	32,914	63,774
Equity (deficit)	116,914	110,612
Total liabilities and equity	229,087	304,772
Latitude Margaritaville Watersound JV
ASSETS
Investment in real estate, net	108,617	157,336
Cash and cash equivalents	11,121	27,706
Other assets	1,089	2,092
Total assets	120,827	187,134
LIABILITIES AND EQUITY
Debt, net		41,054
Accounts payable and other liabilities	30,670	59,832
Equity (deficit)	90,157	86,248
Total liabilities and equity	120,827	187,134
Watersound Fountains Independent Living JV
ASSETS
Investment in real estate, net	47,929	50,822
Cash and cash equivalents	301	405
Other assets	189	382
Total assets	48,419	51,609
LIABILITIES AND EQUITY
Debt, net	41,037	41,482
Accounts payable and other liabilities	992	2,794
Equity (deficit)	6,390	7,333
Total liabilities and equity	48,419	51,609
Pier Park TPS JV
ASSETS
Investment in real estate, net	11,469	12,231
Cash and cash equivalents	253	279
Other assets	182	428
Total assets	11,904	12,938
LIABILITIES AND EQUITY
Debt, net	12,802	13,102
Accounts payable and other liabilities	181	128
Equity (deficit)	(1,079)	(292)
Total liabilities and equity	11,904	12,938
Pier Park RI JV
ASSETS
Investment in real estate, net	30,773	34,576
Cash and cash equivalents	250	529
Other assets	246	235
Total assets	31,269	35,340
LIABILITIES AND EQUITY
Debt, net	15,965	24,608
Accounts payable and other liabilities	321	310
Equity (deficit)	14,983	10,422
Total liabilities and equity	31,269	35,340
Busy Bee JV
ASSETS
Investment in real estate, net	7,643	8,144
Cash and cash equivalents	1,005	915
Other assets	1,701	1,921
Total assets	10,349	10,980
LIABILITIES AND EQUITY
Debt, net	5,025	5,365
Accounts payable and other liabilities	343	382
Equity (deficit)	4,981	5,233
Total liabilities and equity	10,349	10,980
Electric Cart Watersound JV
ASSETS
Investment in real estate, net	4,904	5,154
Cash and cash equivalents	712	656
Other assets	529	824
Total assets	6,145	6,634
LIABILITIES AND EQUITY
Debt, net	4,430	4,775
Accounts payable and other liabilities	354	328
Equity (deficit)	1,361	1,531
Total liabilities and equity	6,145	6,634
Watersound Management JV
ASSETS
Cash and cash equivalents	149	104
Other assets	25	33
Total assets	174	137
LIABILITIES AND EQUITY
Accounts payable and other liabilities	53
Equity (deficit)	121	137
Total liabilities and equity	$ 174	$ 137