XML 91 R72.htm IDEA: XBRL DOCUMENT v3.24.0.1
Joint Ventures - Unconsolidated JV - Balance Sheets (Details) - USD ($)
$ in Thousands
1 Months Ended 12 Months Ended
Nov. 30, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
ASSETS          
Investment in real estate, net   $ 1,018,618 $ 996,261    
Cash and cash equivalents   86,068 37,747 $ 70,162  
Other assets   82,243 61,729    
Total assets   1,523,530 1,430,839    
LIABILITIES AND EQUITY          
Debt, net   453,640 385,860    
Accounts payable and other liabilities   58,573 94,371    
Equity   698,490 651,109 626,100 $ 568,170
Total liabilities and equity   1,523,530 1,430,839    
Proceeds from sale of assets   71 49 $ 34  
Unconsolidated joint ventures          
ASSETS          
Investment in real estate, net   261,262 199,603    
Cash and cash equivalents   30,886 13,943    
Other assets   5,953 6,921    
Total assets   298,101 220,467    
LIABILITIES AND EQUITY          
Debt, net   114,071 70,601    
Accounts payable and other liabilities   80,990 85,372    
Equity   103,040 64,494    
Total liabilities and equity   298,101 220,467    
Latitude Margaritaville Watersound JV          
ASSETS          
Investment in real estate, net   149,253 126,354    
Cash and cash equivalents   28,235 10,633    
Other assets   2,883 3,268    
Total assets   180,371 140,255    
LIABILITIES AND EQUITY          
Debt, net   37,155 29,530    
Accounts payable and other liabilities   72,872 77,630    
Equity   70,344 33,095    
Total liabilities and equity   180,371 140,255    
Sea Sound JV          
ASSETS          
Cash and cash equivalents     327    
Other assets     363    
Total assets     690    
LIABILITIES AND EQUITY          
Accounts payable and other liabilities     5    
Equity     685    
Total liabilities and equity     690    
Proceeds from sale of assets $ 92,500        
Gain on sale of assets $ 36,100        
Watersound Fountains Independent Living JV          
ASSETS          
Investment in real estate, net   52,301 38,783    
Cash and cash equivalents   215 190    
Other assets   67 11    
Total assets   52,583 38,984    
LIABILITIES AND EQUITY          
Debt, net   37,493 20,716    
Accounts payable and other liabilities   2,947 4,776    
Equity   12,143 13,492    
Total liabilities and equity   52,583 38,984    
Pier Park TPS JV          
ASSETS          
Investment in real estate, net   13,666 15,106    
Cash and cash equivalents   719 775    
Other assets   617 748    
Total assets   15,002 16,629    
LIABILITIES AND EQUITY          
Debt, net   13,408 13,542    
Accounts payable and other liabilities   181 186    
Equity   1,413 2,901    
Total liabilities and equity   15,002 16,629    
Pier Park RI JV          
ASSETS          
Investment in real estate, net   32,053 9,858    
Cash and cash equivalents   44 580    
Other assets   25 340    
Total assets   32,122 10,778    
LIABILITIES AND EQUITY          
Debt, net   15,681      
Accounts payable and other liabilities   4,128 2,252    
Equity   12,313 8,526    
Total liabilities and equity   32,122 10,778    
Busy Bee JV          
ASSETS          
Investment in real estate, net   8,605 7,627    
Cash and cash equivalents   613 1,081    
Other assets   1,965 1,957    
Total assets   11,183 10,665    
LIABILITIES AND EQUITY          
Debt, net   5,673 5,970    
Accounts payable and other liabilities   439 376    
Equity   5,071 4,319    
Total liabilities and equity   11,183 10,665    
Electric Cart Watersound JV          
ASSETS          
Investment in real estate, net   5,384 1,875    
Cash and cash equivalents   902 259    
Other assets   396 234    
Total assets   6,682 2,368    
LIABILITIES AND EQUITY          
Debt, net   4,661 843    
Accounts payable and other liabilities   423 147    
Equity   1,598 1,378    
Total liabilities and equity   6,682 2,368    
Watersound Management JV          
ASSETS          
Cash and cash equivalents   158 98    
Total assets   158 98    
LIABILITIES AND EQUITY          
Equity   158 98    
Total liabilities and equity   $ 158 $ 98