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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
REVENUES:      
Revenues $ 237,926 $ 211,732 $ 42,694
COSTS AND EXPENSES:      
Selling, general, and administrative 51,233 51,495 54,591
Restructuring 0 0 19,437
Total costs and expenses 170,328 185,483 101,523
OTHER INCOME (EXPENSE):      
Interest income 10,858 7,230 826
Miscellaneous (5,977) (776) 245
Total other income 4,881 6,454 1,071
EQUITY IN EARNINGS FROM UNCONSOLIDATED ENTITIES 132,617 76,595 21,513
INCOME (LOSS) BEFORE INCOME TAX (PROVISION) BENEFIT 205,096 109,298 (36,245)
INCOME TAX (PROVISION) BENEFIT (27,462) 4,418 1,471
NET INCOME (LOSS) 177,634 113,716 (34,774)
LESS NET INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTERESTS 109,337 58,322 (19,371)
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY $ 68,297 $ 55,394 $ (15,403)
Common Class A      
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY PER SHARE      
Basic (in dollars per share) $ 0.98 $ 0.80 $ (0.22)
Diluted (in dollars per share) $ 0.96 $ 0.76 $ (0.23)
WEIGHTED AVERAGE SHARES OUTSTANDING      
Basic (in shares) 69,224,327 68,826,340 68,429,271
Diluted (in shares) 146,944,944 145,131,125 68,430,212
Common Class B      
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY PER SHARE      
Basic (in dollars per share) $ 0.00 $ 0.00 $ 0.00
Diluted (in dollars per share) $ 0.00 $ 0.00 $ 0.00
WEIGHTED AVERAGE SHARES OUTSTANDING      
Basic (in shares) 79,233,544 79,233,544 79,233,544
Diluted (in shares) 79,233,544 79,233,544 79,233,544
Land sales      
COSTS AND EXPENSES:      
Cost and expenses $ 90,109 $ 105,651 $ (996)
Land sales | Nonrelated Party      
REVENUES:      
Revenues 139,097 160,796 913
Land sales | Related Party      
REVENUES:      
Revenues 0 595 7,512
Management services      
COSTS AND EXPENSES:      
Cost and expenses 23,852 22,170 20,261
Management services | Related Party      
REVENUES:      
Revenues 96,404 47,621 31,433
COSTS AND EXPENSES:      
Cost and expenses 0 0 0
Operating properties      
COSTS AND EXPENSES:      
Cost and expenses 5,134 6,167 8,230
Operating properties | Nonrelated Party      
REVENUES:      
Revenues $ 2,425 $ 2,720 $ 2,836