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

Three Months Ended

Six Months Ended

June 30, 

June 30, 

    

2024

    

2023

    

2024

    

2023

    

Operating revenue:

 

  

 

  

 

  

 

  

 

Residential

$

31,731

$

63,408

$

62,546

$

91,438

Hospitality

 

63,249

 

45,611

 

103,281

 

70,466

Commercial

 

15,385

 

18,301

 

31,493

 

37,308

Other

 

1,241

 

847

 

2,072

 

1,945

Consolidated operating revenue

$

111,606

$

128,167

$

199,392

$

201,157

Income (loss) before income taxes:

 

  

 

  

 

  

 

  

Residential (a)

$

21,549

$

39,502

$

44,872

$

55,102

Hospitality

 

14,480

 

3,640

 

13,202

 

122

Commercial

 

(815)

 

3,677

 

(1,651)

 

6,475

Other

 

(2,389)

 

(1,480)

 

(5,847)

 

(3,439)

Consolidated income before income taxes

$

32,825

$

45,339

$

50,576

$

58,260

(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.

    

June 30, 

    

December 31, 

2024

2023

Total assets:

 

  

 

  

Residential

$

249,822

$

233,957

Hospitality

 

475,279

 

465,828

Commercial

 

518,210

 

511,978

Other

 

307,131

 

311,767

Total assets

$

1,550,442

$

1,523,530