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Joint Ventures - Consolidated Joint Ventures (Details)	3 Months Ended			12 Months Ended
	Mar. 31, 2024 item	Jun. 30, 2023 room	Mar. 31, 2023 room	Dec. 31, 2023
Mexico Beach Crossings JV
Variable interest entity
Ownership in consolidated voting interest entity (as a percent)	75.00%			75.00%
Mexico Beach Crossings JV | Multi-family community (apartment)
Variable interest entity
Number of completed units	216
The Lodge 30A JV
Variable interest entity
Variable interest entity, ownership percentage	52.80%			52.80%
The Lodge 30A JV | Hotel
Variable interest entity
Number of units opened in period | room			85
Pier Park Resort Hotel JV
Variable interest entity
Variable interest entity, ownership percentage	70.00%			70.00%
Pier Park Resort Hotel JV | Hotel
Variable interest entity
Number of units opened in period | room		255
Pier Park Crossings Phase II JV
Variable interest entity
Variable interest entity, ownership percentage	75.00%			75.00%
Pier Park Crossings Phase II JV | Multi-family community (apartment)
Variable interest entity
Number of completed units	120
Watersound Closings JV
Variable interest entity
Variable interest entity, ownership percentage	58.00%			58.00%
Watercrest JV
Variable interest entity
Variable interest entity, ownership percentage	87.00%			87.00%
Watercrest JV | Senior living community
Variable interest entity
Number of completed units	107
Watersound Origins Crossings JV
Variable interest entity
Variable interest entity, ownership percentage	75.00%			75.00%
Watersound Origins Crossings JV | Multi-family community (apartment)
Variable interest entity
Number of completed units	217
Pier Park Crossings JV
Variable interest entity
Variable interest entity, ownership percentage	75.00%			75.00%
Pier Park Crossings JV | Multi-family community (apartment)
Variable interest entity
Number of completed units	240
Pier Park North JV
Variable interest entity
Variable interest entity, ownership percentage	90.00%			90.00%

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