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Segment Information (Tables)
6 Months Ended
Jun. 30, 2024
Segment Information  
Schedule of Information by Business Segment

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Three Months Ended

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Six Months Ended

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June 30, 

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June 30, 

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2024

    

2023

    

2024

    

2023

    

Operating revenue:

 

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Residential

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$

31,731

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$

63,408

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$

62,546

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$

91,438

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Hospitality

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63,249

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45,611

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103,281

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70,466

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Commercial

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15,385

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18,301

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31,493

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37,308

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Other

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1,241

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847

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2,072

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1,945

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Consolidated operating revenue

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$

111,606

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$

128,167

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$

199,392

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$

201,157

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Income (loss) before income taxes:

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Residential (a)

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$

21,549

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$

39,502

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$

44,872

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$

55,102

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Hospitality

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14,480

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3,640

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13,202

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122

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Commercial

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(815)

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3,677

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(1,651)

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6,475

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Other

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(2,389)

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(1,480)

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(5,847)

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(3,439)

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Consolidated income before income taxes

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$

32,825

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$

45,339

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$

50,576

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$

58,260

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(a)The three months ended June 30, 2024 and 2023, include $6.5 million and $5.9 million, respectively, of equity in income from unconsolidated joint ventures related to the Latitude Margaritaville Watersound JV. The six months ended June 30, 2024 and 2023, include $14.8 million and $9.8 million, respectively, of equity in income from unconsolidated joint ventures related to the Latitude Margaritaville Watersound JV. See Note 4. Joint Ventures for additional information.

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June 30, 

    

December 31, 

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2024

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2023

Total assets:

 

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Residential

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$

249,822

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$

233,957

Hospitality

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475,279

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465,828

Commercial

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518,210

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511,978

Other

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307,131

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311,767

Total assets

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$

1,550,442

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$

1,523,530

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