Debt, Net - Debt Agreements (Details) $ in Thousands	2 Months Ended	3 Months Ended	12 Months Ended
	Mar. 31, 2025 USD ($)	Mar. 31, 2025 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Apr. 30, 2027 USD ($)	Feb. 28, 2025 USD ($)	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($) home	Dec. 31, 2017 USD ($)	Dec. 31, 2015 USD ($)
Debt instruments
Outstanding debt principal	$ 440,169	$ 440,169					$ 442,716
Community Development District debt (CDD)	9,500	9,500					9,600
Assets	1,547,387	1,547,387					1,538,574
Loss on extinguishment of debt		47
Asset Pledged as Collateral without Right
Debt instruments
Assets	$ 540,000	$ 540,000
Assets, Pledging Purpose	Outstanding debt	Outstanding debt
Watersound Origins Crossings JV Loan (insured by HUD)
Debt instruments
Loan amount								$ 52,900
Outstanding debt principal	$ 51,799	$ 51,799					51,953
Effective interest rate (as a percent)	5.00%	5.00%
Watersound Origins Crossings JV Loan (insured by HUD) | Minimum
Debt instruments
Prepayment premium, as a percent of principal repaid		1.00%
Watersound Origins Crossings JV Loan (insured by HUD) | Maximum
Debt instruments
Prepayment premium, as a percent of principal repaid		9.00%
Pier Park Resort Hotel JV Loan
Debt instruments
Loan amount									$ 52,500
Outstanding debt principal	$ 50,622	$ 50,622					50,882
Effective interest rate (as a percent)	3.90%	3.90%
Pier Park Resort Hotel JV Loan | Maximum
Debt instruments
Loan amount									60,000
Pier Park Resort Hotel JV Loan | Interest rate swaps
Debt instruments
Notional amount			$ 42,000
Fixed interest rate (as a percent)	3.20%	3.20%
Pier Park Resort Hotel JV Loan | Interest rate swaps | Forecast
Debt instruments
Notional amount					$ 38,700
Mexico Beach Crossings JV Loan (insured by HUD)
Debt instruments
Loan amount			43,500
Outstanding debt principal	$ 42,954	$ 42,954					43,069
Effective interest rate (as a percent)	3.00%	3.00%
Mexico Beach Crossings JV Loan (insured by HUD) | Minimum
Debt instruments
Prepayment premium, as a percent of principal repaid		1.00%
Mexico Beach Crossings JV Loan (insured by HUD) | Maximum
Debt instruments
Prepayment premium, as a percent of principal repaid		9.00%
PPN JV Loan
Debt instruments
Loan amount													$ 48,200
Outstanding debt principal	$ 40,084	$ 40,084					40,370
Effective interest rate (as a percent)	4.10%	4.10%
PPC JV Loan (insured by HUD)
Debt instruments
Loan amount											$ 36,600
Outstanding debt principal	$ 34,020	$ 34,020					34,153
Effective interest rate (as a percent)	3.10%	3.10%
PPC JV Loan (insured by HUD) | Minimum
Debt instruments
Prepayment premium, as a percent of principal repaid		2.00%
PPC JV Loan (insured by HUD) | Maximum
Debt instruments
Prepayment premium, as a percent of principal repaid		8.00%
Pearl Hotel Loan
Debt instruments
Loan amount			37,000
Outstanding debt principal	$ 33,670	$ 33,670					34,040
Effective interest rate (as a percent)	6.30%	6.30%
Pearl Hotel Loan | Minimum
Debt instruments
Prepayment premium, as a percent of principal repaid		1.00%
Pearl Hotel Loan | Maximum
Debt instruments
Prepayment premium, as a percent of principal repaid		3.00%
Watersound Camp Creek Loan
Debt instruments
Loan amount				$ 28,000
Outstanding debt principal	$ 27,243	$ 27,243					27,377
Effective interest rate (as a percent)	6.40%	6.40%
Company's liability as guarantor, upon reaching and maintaining a trailing six months of operations with a certain debt service coverage ratio (as a percent)				50.00%
Trailing period one for determining Company's liability as guarantor under loan				6 months
Company's liability as guarantor, upon reaching and maintaining a trailing twelve months operations with a certain debt service coverage ratio (as a percent)				25.00%
Trailing period two for determining Company's liability as guarantor under loan				12 months
North Bay Landing Loan (insured by HUD)
Debt instruments
Loan amount						$ 27,800
Outstanding debt principal	$ 27,800	$ 27,800					22,746
Effective interest rate (as a percent)	5.90%	5.90%				5.90%
Additional loan costs due to loan modification		$ 500
North Bay Landing Loan (insured by HUD) | Minimum
Debt instruments
Prepayment premium, as a percent of principal repaid	1.00%
North Bay Landing Loan (insured by HUD) | Maximum
Debt instruments
Prepayment premium, as a percent of principal repaid	10.00%
Loss on extinguishment of debt		100
PPC II JV Loan (insured by HUD)
Debt instruments
Loan amount										$ 22,900
Outstanding debt principal	$ 21,689	$ 21,689					21,796
Effective interest rate (as a percent)	2.70%	2.70%
PPC II JV Loan (insured by HUD) | Minimum
Debt instruments
Prepayment premium, as a percent of principal repaid		1.00%
PPC II JV Loan (insured by HUD) | Maximum
Debt instruments
Prepayment premium, as a percent of principal repaid		8.00%
Hotel Indigo Loan
Debt instruments
Loan amount				$ 21,200
Outstanding debt principal	$ 19,649	$ 19,649					19,857
Effective interest rate (as a percent)	6.80%	6.80%
Loan extension period				60 months
Watercrest JV Loan
Debt instruments
Loan amount										22,500
Outstanding debt principal	$ 19,416	$ 19,416					19,555
Effective interest rate (as a percent)	6.50%	6.50%
Breakfast Point Hotel Loan
Debt instruments
Loan amount									16,800
Outstanding debt principal	$ 15,349	$ 15,349					15,473
Effective interest rate (as a percent)	6.00%	6.00%
Breakfast Point Hotel Loan | Minimum
Debt instruments
Prepayment premium, as a percent of principal repaid		1.00%
Lodge 30A JV Loan
Debt instruments
Loan amount				$ 15,000
Outstanding debt principal	$ 13,994	$ 13,994					14,130
Effective interest rate (as a percent)	3.80%	3.80%
Debt service coverage period				24 months
Company's liability as guarantor, third year (as a percent)				75.00%
Company's liability as guarantor, period for lower liability percentage				12 months
Company's liability as guarantor, fourth year (as a percent)				50.00%
Company's liability as guarantor, fifth year (as a percent)				25.00%
Topsail Hotel Loan
Debt instruments
Loan amount			$ 13,700
Outstanding debt principal	$ 12,307	$ 12,307					12,307
Effective interest rate (as a percent)	6.40%	6.40%
Debt instrument, period subject to interest payments only			36 months
Airport Hotel Loan
Debt instruments
Loan amount									15,300
Outstanding debt principal	$ 11,603	$ 11,603					11,717
Effective interest rate (as a percent)	6.40%	6.40%
Airport Hotel Loan | Maximum
Debt instruments
Additional loan costs due to loan modification		$ 100
Watersound Town Center Grocery Loan
Debt instruments
Loan amount				$ 12,000
Outstanding debt principal	$ 8,048	$ 8,048					8,086
Effective interest rate (as a percent)	6.40%	6.40%
Company's liability as guarantor, upon satisfaction of final advance conditions (as a percent)				50.00%
Company's liability as guarantor, upon reaching and maintaining a certain debt service coverage ratio (as a percent)				25.00%
Beckrich Building III Loan
Debt instruments
Loan amount										$ 5,500
Outstanding debt principal	$ 5,014	$ 5,014					5,014
Effective interest rate (as a percent)	6.10%	6.10%
Self-Storage Facility Loan
Debt instruments
Loan amount									$ 5,800
Outstanding debt principal							3,360
Community Development District debt
Debt instruments
Outstanding debt principal	$ 3,151	$ 3,151					3,151
Community Development District debt | Minimum
Debt instruments
Effective interest rate (as a percent)	3.60%	3.60%
Community Development District debt | Maximum
Debt instruments
Effective interest rate (as a percent)	6.00%	6.00%
Beach Homes Loan
Debt instruments
Loan amount											$ 1,700
Outstanding debt principal	$ 1,132	$ 1,132					1,385
Effective interest rate (as a percent)	6.00%	6.00%
Number of homes financed | home											2
Pier Park Outparcel Loan
Debt instruments
Loan amount												$ 1,600
Outstanding debt principal							1,252
WaterColor Crossings Loan
Debt instruments
Loan amount											$ 1,900
Outstanding debt principal	$ 625	$ 625					$ 1,043
Effective interest rate (as a percent)	6.10%	6.10%