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Joint Ventures - Unconsolidated JV - Balance Sheets (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
ASSETS            
Investment in real estate, net $ 1,035,836     $ 1,018,618    
Cash and cash equivalents 86,726 $ 60,627   86,068    
Other assets 90,287     82,243    
Total assets 1,550,442     1,523,530    
LIABILITIES AND EQUITY            
Debt, net 447,386     453,640    
Accounts payable and other liabilities 65,332     58,573    
Equity 722,386 681,710 $ 704,870 698,490 $ 652,383 $ 651,109
Total liabilities and equity 1,550,442     1,523,530    
Proceeds from sale of assets 84 $ 12        
Unconsolidated joint ventures            
ASSETS            
Investment in real estate, net 268,854     261,262    
Cash and cash equivalents 14,137     30,886    
Other assets 6,988     5,953    
Total assets 289,979     298,101    
LIABILITIES AND EQUITY            
Debt, net 102,430     114,071    
Accounts payable and other liabilities 70,583     80,990    
Equity 116,966     103,040    
Total liabilities and equity 289,979     298,101    
Latitude Margaritaville Watersound JV            
ASSETS            
Investment in real estate, net 154,658     149,253    
Cash and cash equivalents 9,391     28,235    
Other assets 2,675     2,883    
Total assets 166,724     180,371    
LIABILITIES AND EQUITY            
Debt, net 14,239     37,155    
Accounts payable and other liabilities 66,298     72,872    
Equity 86,187     70,344    
Total liabilities and equity 166,724     180,371    
Watersound Fountains Independent Living JV            
ASSETS            
Investment in real estate, net 52,261     52,301    
Cash and cash equivalents 1,713     215    
Other assets 744     67    
Total assets 54,718     52,583    
LIABILITIES AND EQUITY            
Debt, net 40,990     37,493    
Accounts payable and other liabilities 2,761     2,947    
Equity 10,967     12,143    
Total liabilities and equity 54,718     52,583    
Pier Park TPS JV            
ASSETS            
Investment in real estate, net 12,949     13,666    
Cash and cash equivalents 965     719    
Other assets 536     617    
Total assets 14,450     15,002    
LIABILITIES AND EQUITY            
Debt, net 13,264     13,408    
Accounts payable and other liabilities 301     181    
Equity 885     1,413    
Total liabilities and equity 14,450     15,002    
Pier Park RI JV            
ASSETS            
Investment in real estate, net 35,330     32,053    
Cash and cash equivalents 490     44    
Other assets 222     25    
Total assets 36,042     32,122    
LIABILITIES AND EQUITY            
Debt, net 23,738     15,681    
Accounts payable and other liabilities 320     4,128    
Equity 11,984     12,313    
Total liabilities and equity 36,042     32,122    
Busy Bee JV            
ASSETS            
Investment in real estate, net 8,377     8,605    
Cash and cash equivalents 765     613    
Other assets 2,351     1,965    
Total assets 11,493     11,183    
LIABILITIES AND EQUITY            
Debt, net 5,519     5,673    
Accounts payable and other liabilities 777     439    
Equity 5,197     5,071    
Total liabilities and equity 11,493     11,183    
Electric Cart Watersound JV            
ASSETS            
Investment in real estate, net 5,279     5,384    
Cash and cash equivalents 723     902    
Other assets 428     396    
Total assets 6,430     6,682    
LIABILITIES AND EQUITY            
Debt, net 4,680     4,661    
Accounts payable and other liabilities 126     423    
Equity 1,624     1,598    
Total liabilities and equity 6,430     6,682    
Watersound Management JV            
ASSETS            
Cash and cash equivalents 90     158    
Other assets 32          
Total assets 122     158    
LIABILITIES AND EQUITY            
Equity 122     158    
Total liabilities and equity $ 122     $ 158