Joint Ventures - Unconsolidated JV - Balance Sheets (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024	Dec. 31, 2024	Dec. 31, 2023
ASSETS
Investment in real estate, net	$ 1,047,039		$ 1,040,428
Cash and cash equivalents	94,535	$ 89,768	88,756
Other assets	74,666		80,318
Total assets	1,547,387		1,538,574
LIABILITIES AND EQUITY
Debt, net	434,824		437,754
Accounts payable and other liabilities	62,052		53,969
Equity (deficit)	739,053	704,870	736,735	$ 698,490
Total liabilities and equity	1,547,387		1,538,574
Proceeds from sale of assets	59	$ 74
Unconsolidated joint ventures
ASSETS
Investment in real estate, net	228,644		268,263
Cash and cash equivalents	49,380		30,594
Other assets	5,124		5,915
Total assets	283,148		304,772
LIABILITIES AND EQUITY
Debt, net	115,365		130,386
Accounts payable and other liabilities	44,448		63,774
Equity (deficit)	123,335		110,612
Total liabilities and equity	283,148		304,772
Latitude Margaritaville Watersound JV
ASSETS
Investment in real estate, net	120,780		157,336
Cash and cash equivalents	45,187		27,706
Other assets	1,054		2,092
Total assets	167,021		187,134
LIABILITIES AND EQUITY
Debt, net	25,764		41,054
Accounts payable and other liabilities	40,166		59,832
Equity (deficit)	101,091		86,248
Total liabilities and equity	167,021		187,134
Watersound Fountains Independent Living JV
ASSETS
Investment in real estate, net	50,075		50,822
Cash and cash equivalents	2,100		405
Other assets	793		382
Total assets	52,968		51,609
LIABILITIES AND EQUITY
Debt, net	41,885		41,482
Accounts payable and other liabilities	2,758		2,794
Equity (deficit)	8,325		7,333
Total liabilities and equity	52,968		51,609
Pier Park TPS JV
ASSETS
Investment in real estate, net	11,872		12,231
Cash and cash equivalents	244		279
Other assets	282		428
Total assets	12,398		12,938
LIABILITIES AND EQUITY
Debt, net	13,010		13,102
Accounts payable and other liabilities	288		128
Equity (deficit)	(900)		(292)
Total liabilities and equity	12,398		12,938
Pier Park RI JV
ASSETS
Investment in real estate, net	32,777		34,576
Cash and cash equivalents	301		529
Other assets	199		235
Total assets	33,277		35,340
LIABILITIES AND EQUITY
Debt, net	24,691		24,608
Accounts payable and other liabilities	365		310
Equity (deficit)	8,221		10,422
Total liabilities and equity	33,277		35,340
Busy Bee JV
ASSETS
Investment in real estate, net	8,049		8,144
Cash and cash equivalents	725		915
Other assets	2,010		1,921
Total assets	10,784		10,980
LIABILITIES AND EQUITY
Debt, net	5,280		5,365
Accounts payable and other liabilities	549		382
Equity (deficit)	4,955		5,233
Total liabilities and equity	10,784		10,980
Electric Cart Watersound JV
ASSETS
Investment in real estate, net	5,091		5,154
Cash and cash equivalents	726		656
Other assets	761		824
Total assets	6,578		6,634
LIABILITIES AND EQUITY
Debt, net	4,735		4,775
Accounts payable and other liabilities	322		328
Equity (deficit)	1,521		1,531
Total liabilities and equity	6,578		6,634
Watersound Management JV
ASSETS
Cash and cash equivalents	97		104
Other assets	25		33
Total assets	122		137
LIABILITIES AND EQUITY
Equity (deficit)	122		137
Total liabilities and equity	$ 122		$ 137