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Joint Ventures - Unconsolidated JV - Statements of Operations (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2025
USD ($)
Transaction
Mar. 31, 2024
USD ($)
Transaction
Summarized financial information    
Total revenue $ 94,197 $ 87,787
Expenses:    
Cost of revenue 58,593 53,551
Depreciation and amortization 12,130 11,182
Total expenses 77,303 71,835
Operating income 16,894 15,952
Other (expense) income:    
Interest expense (7,775) (8,553)
Other income (expense), net (230) (463)
Total other income, net 5,582 1,799
Net income 16,668 13,102
Proceeds from sale of assets 59 74
Unconsolidated joint ventures    
Summarized financial information    
Total revenue 123,232 95,761
Expenses:    
Cost of revenue 93,247 74,816
Other operating expenses 4,711 4,586
Depreciation and amortization 2,607 906
Total expenses 100,565 80,308
Operating income 22,667 15,453
Other (expense) income:    
Interest expense (1,374) (815)
Other income (expense), net (762) 134
Total other income, net (2,136) (681)
Net income 20,531 14,772
Latitude Margaritaville Watersound JV    
Summarized financial information    
Total revenue 116,402 90,209
Expenses:    
Cost of revenue 86,202 68,964
Other operating expenses 4,711 4,586
Depreciation and amortization 132 133
Total expenses 91,045 73,683
Operating income 25,357 16,526
Other (expense) income:    
Other income (expense), net 43 32
Total other income, net 43 32
Net income $ 25,400 $ 16,558
Latitude Margaritaville Watersound JV | Residential homes    
Other (expense) income:    
Number of home sale transactions | Transaction 192 177
Watersound Fountains Independent Living JV    
Summarized financial information    
Total revenue $ 741 $ 96
Expenses:    
Cost of revenue 1,215 737
Depreciation and amortization 752 218
Total expenses 1,967 955
Operating income (1,226) (859)
Other (expense) income:    
Interest expense (687) (500)
Other income (expense), net 5 9
Total other income, net (682) (491)
Net income (1,908) (1,350)
Pier Park TPS JV    
Summarized financial information    
Total revenue 647 768
Expenses:    
Cost of revenue 664 649
Depreciation and amortization 360 360
Total expenses 1,024 1,009
Operating income (377) (241)
Other (expense) income:    
Interest expense (169) (189)
Other income (expense), net   4
Total other income, net (169) (185)
Net income (546) (426)
Pier Park RI JV    
Summarized financial information    
Total revenue 784  
Expenses:    
Cost of revenue 703  
Depreciation and amortization 1,167  
Total expenses 1,870  
Operating income (1,086)  
Other (expense) income:    
Interest expense (411)  
Other income (expense), net (704)  
Total other income, net (1,115)  
Net income (2,201) 0
Busy Bee JV    
Summarized financial information    
Total revenue 2,922 3,151
Expenses:    
Cost of revenue 2,919 3,074
Depreciation and amortization 134 133
Total expenses 3,053 3,207
Operating income (131) (56)
Other (expense) income:    
Interest expense (34) (42)
Other income (expense), net (112) 89
Total other income, net (146) 47
Net income (277) (9)
Electric Cart Watersound JV    
Summarized financial information    
Total revenue 1,073 925
Expenses:    
Cost of revenue 953 827
Depreciation and amortization 62 62
Total expenses 1,015 889
Operating income 58 36
Other (expense) income:    
Interest expense (73) (84)
Other income (expense), net 6  
Total other income, net (67) (84)
Net income (9) (48)
Watersound Management JV    
Summarized financial information    
Total revenue 663 612
Expenses:    
Cost of revenue 591 565
Total expenses 591 565
Operating income 72 47
Other (expense) income:    
Net income $ 72 $ 47