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Revenue and Contract Balances
 9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenue and Contract Balances Revenue and Contract Balances
The Company generates revenue through its Commercial Real Estate and Land Operations segments. Through its Commercial Real Estate segment, the Company owns and operates a portfolio of commercial real estate properties and generates income (i.e., revenue) as a lessor through leases of such assets. Refer to Note 10 – Leases - The Company as a Lessor for further discussion of lessor income recognition. The Land Operations segment generates revenue from contracts with customers. The Company further disaggregates revenue from contracts with customers by revenue type when appropriate if the Company believes disaggregation best depicts how the nature, amount, timing, and uncertainty of the Company's revenue and cash flows are affected by economic factors. Revenue by type for the three and nine months ended September 30, 2023 and 2022, was as follows (in millions):
Three Months Ended September 30, Nine Months Ended September 30,
2023202220232022
Revenues:
Commercial Real Estate$48.2 $46.5 $145.6 $138.8 
Land Operations:
Development sales revenue— — — 6.3 
Unimproved/other property sales revenue4.0 — 8.1 2.0 
Other operating revenue0.3 2.9 2.3 12.6 
Land Operations4.3 2.9 10.4 20.9 
Total revenues$52.5 $49.4 $156.0 $159.7 
The following table provides information about receivables, contract assets and contract liabilities from contracts with customers (in millions):
September 30, 2023December 31, 2022
Accounts receivable$6.7 $8.6 
Allowances (credit losses and doubtful accounts)(3.1)(2.5)
Accounts receivable, net of allowance for credit losses and allowance for doubtful accounts$3.6 $6.1 
Variable consideration1
$62.0 $62.0 
Prepaid rent7.4 4.4 
Other deferred revenue2.5 2.4 
Deferred revenue$71.9 $68.8 
1 Variable consideration deferred as of the end of the periods related to amounts received in the sale of agricultural land on Maui in 2018 that, under revenue recognition guidance, could not be included in the transaction price.
For the three and nine months ended September 30, 2023, the Company did not recognize any revenue related to the Company's variable consideration and other deferred revenue reported as of December 31, 2022.