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Joint Ventures - Unconsolidated JV - Statements of Operations (Details)
$ in Thousands
3 Months Ended 6 Months Ended 66 Months Ended
Jun. 30, 2024
USD ($)
Transaction
Jun. 30, 2023
USD ($)
Transaction
Jun. 30, 2024
USD ($)
Transaction
Jun. 30, 2023
USD ($)
Transaction
Jun. 30, 2024
Transaction
Summarized financial information          
Total revenue $ 111,606 $ 128,167 $ 199,392 $ 201,157  
Expenses:          
Depreciation and amortization 11,295 9,467 22,477 16,789  
Total expenses 78,977 86,336 150,811 148,023  
Operating income 32,629 41,831 48,581 53,134  
Other (expense) income:          
Interest expense (8,519) (7,207) (17,072) (13,416)  
Other income (expense), net (102) 1,467 (562) 2,181  
Total other income (expense), net 196 3,508 1,995 5,126  
Net income 24,524 33,836 37,626 43,316  
Proceeds from sale of assets     84 12  
Unconsolidated joint ventures          
Summarized financial information          
Total revenue 94,096 88,796 189,857 170,630  
Expenses:          
Cost of revenue 74,455 71,608 149,271 141,137  
Other operating expenses 5,541 4,663 10,127 8,729  
Depreciation and amortization 1,642 643 2,548 1,283  
Total expenses 81,638 76,914 161,946 151,149  
Operating income 12,458 11,882 27,911 19,481  
Other (expense) income:          
Interest expense (1,431) (235) (2,246) (446)  
Other income (expense), net 77 238 211 115  
Total other income (expense), net (1,354) 3 (2,035) (331)  
Net income 11,104 11,885 25,876 19,150  
Latitude Margaritaville Watersound JV          
Summarized financial information          
Total revenue 84,571 80,729 174,780 157,158  
Expenses:          
Cost of revenue 65,861 64,829 134,825 129,307  
Other operating expenses 5,541 4,064 10,127 8,061  
Depreciation and amortization 132 160 265 320  
Total expenses 71,534 69,053 145,217 137,688  
Operating income 13,037 11,676 29,563 19,470  
Other (expense) income:          
Other income (expense), net 51 127 83 137  
Total other income (expense), net 51 127 83 137  
Net income $ 13,088 $ 11,803 $ 29,646 $ 19,607  
Latitude Margaritaville Watersound JV | Residential homes          
Other (expense) income:          
Number of home sale transactions | Transaction 163 164 340 313 1,344
Sea Sound JV          
Expenses:          
Other operating expenses   $ 30   $ 93  
Total expenses   30   93  
Operating income   (30)   (93)  
Other (expense) income:          
Net income   (30)   (93)  
Watersound Fountains Independent Living JV          
Summarized financial information          
Total revenue $ 326   $ 422    
Expenses:          
Cost of revenue 1,234   1,971    
Other operating expenses   559   559  
Depreciation and amortization 420 2 638 2  
Total expenses 1,654 561 2,609 561  
Operating income (1,328) (561) (2,187) (561)  
Other (expense) income:          
Interest expense (786)   (1,286)    
Other income (expense), net 21   30    
Total other income (expense), net (765)   (1,256)    
Net income (2,093) (561) (3,443) (561)  
Pier Park TPS JV          
Summarized financial information          
Total revenue 1,541 1,736 2,309 2,634  
Expenses:          
Cost of revenue 851 888 1,500 1,580  
Depreciation and amortization 360 360 720 721  
Total expenses 1,211 1,248 2,220 2,301  
Operating income 330 488 89 333  
Other (expense) income:          
Interest expense (190) (186) (379) (369)  
Other income (expense), net 4 6 8 10  
Total other income (expense), net (186) (180) (371) (359)  
Net income 144 308 (282) (26)  
Pier Park RI JV          
Summarized financial information          
Total revenue 1,274   1,274    
Expenses:          
Cost of revenue 739   739    
Depreciation and amortization 533   533    
Total expenses 1,272   1,272    
Operating income 2   2    
Other (expense) income:          
Interest expense (331)   (331)    
Total other income (expense), net (331)   (331)    
Net income (329) 0 (329) 0  
Busy Bee JV          
Summarized financial information          
Total revenue 4,455 4,973 7,606 8,492  
Expenses:          
Cost of revenue 4,130 4,749 7,204 8,257  
Depreciation and amortization 136 119 269 235  
Total expenses 4,266 4,868 7,473 8,492  
Operating income 189 105 133    
Other (expense) income:          
Interest expense (41) (45) (83) (70)  
Other income (expense), net 1 105 90 (32)  
Total other income (expense), net (40) 60 7 (102)  
Net income 149 165 140 (102)  
Electric Cart Watersound JV          
Summarized financial information          
Total revenue 1,361 920 2,286 1,477  
Expenses:          
Cost of revenue 1,143 752 1,970 1,227  
Other operating expenses   10   16  
Depreciation and amortization 61 2 123 5  
Total expenses 1,204 764 2,093 1,248  
Operating income 157 156 193 229  
Other (expense) income:          
Interest expense (83) (4) (167) (7)  
Total other income (expense), net (83) (4) (167) (7)  
Net income 74 152 26 222  
Watersound Management JV          
Summarized financial information          
Total revenue 568 438 1,180 869  
Expenses:          
Cost of revenue 497 390 1,062 766  
Total expenses 497 390 1,062 766  
Operating income 71 48 118 103  
Other (expense) income:          
Net income $ 71 $ 48 $ 118 $ 103