Segment Information - Information by Business Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024	Dec. 31, 2024
Segments
Total revenue	$ 94,197	$ 87,787
Cost of revenue	58,593	53,551
Gross profit	35,604	34,236
Corporate and other operating expenses	6,580	7,102
Depreciation, depletion and amortization	12,130	11,182
Investment income, net	3,428	3,441
Interest expense	7,775	8,553
Gain on contributions to unconsolidated joint ventures		14
Equity in income from unconsolidated joint ventures	10,159	7,360
Other expense, net	(230)	(463)
Income before income taxes	22,476	17,751
Capital expenditures	32,747	31,454
Investment in unconsolidated joint ventures	71,844		$ 66,454
Total assets	1,547,387		1,538,574
Interest income from investments in SPE	2,003	2,003
Interest expense from investments in SPE	2,220	2,216
Hospitality
Segments
Cost of revenue	32,404	30,343
Consolidated Joint Ventures
Segments
Total assets	489,399		496,019
Latitude Margaritaville Watersound JV
Segments
Equity in income from unconsolidated joint ventures	12,700	8,279
Investment in unconsolidated joint ventures	59,623		53,399
Watersound Fountains Independent Living JV
Segments
Equity in income from unconsolidated joint ventures	(1,026)	(726)
Investment in unconsolidated joint ventures	4,311		3,857
Busy Bee JV
Segments
Equity in income from unconsolidated joint ventures	(173)	21
Investment in unconsolidated joint ventures	2,469		2,642
Pier Park TPS JV
Segments
Equity in income from unconsolidated joint ventures	(273)	(213)
Pier Park RI JV
Segments
Equity in income from unconsolidated joint ventures	(1,100)
Investment in unconsolidated joint ventures	4,110		5,211
Electric Cart Watersound JV
Segments
Equity in income from unconsolidated joint ventures	(5)	(25)
Investment in unconsolidated joint ventures	776		781
Residential segment
Segments
Gain on contributions to unconsolidated joint ventures		14
Equity in income from unconsolidated joint ventures	12,700	8,279
Investment in unconsolidated joint ventures	59,623		53,399
Commercial segment
Segments
Equity in income from unconsolidated joint ventures	(2,541)	(919)
Investment in unconsolidated joint ventures	12,221		13,055
Operating Segments | Residential segment
Segments
Total revenue	32,985	30,814
Cost of revenue	17,965	15,026
Gross profit	15,020	15,788
Corporate and other operating expenses	1,204	1,089
Depreciation, depletion and amortization	58	62
Investment income, net	534	420
Interest expense	90	100
Other expense, net	105	71
Income before income taxes	27,007	23,321
Capital expenditures	25,133	15,297
Total assets	255,090		241,435
Operating Segments | Residential segment | Latitude Margaritaville Watersound JV
Segments
Equity in income from unconsolidated joint ventures	12,700	8,300
Operating Segments | Hospitality segment
Segments
Total revenue	40,550	40,033
Cost of revenue	32,889	30,946
Gross profit	7,661	9,087
Corporate and other operating expenses	436	421
Depreciation, depletion and amortization	7,161	6,587
Investment income, net	30	40
Interest expense	2,660	3,018
Other expense, net	(91)	(380)
Income before income taxes	(2,657)	(1,279)
Capital expenditures	2,774	8,451
Total assets	457,033		460,604
Operating Segments | Commercial segment
Segments
Total revenue	19,497	16,109
Cost of revenue	7,034	6,999
Gross profit	12,463	9,110
Corporate and other operating expenses	1,119	1,183
Depreciation, depletion and amortization	4,813	4,431
Investment income, net	65	13
Interest expense	2,803	3,219
Other expense, net	(271)	(207)
Income before income taxes	981	(836)
Capital expenditures	4,550	7,298
Total assets	514,730		515,955
Operating Segments | Commercial segment | Watersound Fountains Independent Living JV
Segments
Equity in income from unconsolidated joint ventures	(1,000)	(700)
Operating Segments | Commercial segment | Pier Park RI JV
Segments
Equity in income from unconsolidated joint ventures	(1,100)
Other reconciling items
Segments
Total revenue	1,165	831
Cost of revenue	705	580
Gross profit	460	251
Corporate and other operating expenses	3,821	4,409
Depreciation, depletion and amortization	98	102
Investment income, net	2,799	2,968
Interest expense	2,222	2,216
Other expense, net	27	53
Income before income taxes	(2,855)	(3,455)
Capital expenditures	290	408
Total assets	320,534		$ 320,580
Interest income from investments in SPE	2,000	2,000
Interest expense from investments in SPE	$ 2,200	$ 2,200