XML 42 R31.htm IDEA: XBRL DOCUMENT v3.26.1
Long-Term Debt - Narrative (Details)
$ in Thousands
3 Months Ended
Jul. 23, 2025
USD ($)
extension_period
Jul. 21, 2025
USD ($)
Mar. 13, 2025
USD ($)
Mar. 07, 2025
USD ($)
Mar. 19, 2021
USD ($)
Mar. 31, 2026
USD ($)
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
Line of Credit Facility [Line Items]                
Outstanding letters of credit           $ 410    
Borrowed principal           203,916   $ 192,554
Credit agreement           6,500   $ 0
Debt cost amortization           109 $ 65  
Capitalized interest costs           $ 777 $ 744  
Dock 79 Loan                
Line of Credit Facility [Line Items]                
Borrowed principal         $ 92,070      
Fixed interest rate (as percent)         3.03%      
Loan to value (as percent)         0.60      
Minimum debt yield (as percent)         0.075      
Transfer fee (as percent)         0.0075      
Maren                
Line of Credit Facility [Line Items]                
Borrowed principal         $ 88,000      
Fixed interest rate (as percent)         3.03%      
Loan to value (as percent)         0.60      
Minimum debt yield (as percent)         0.075      
Transfer fee (as percent)         0.0075      
Wells Fargo                
Line of Credit Facility [Line Items]                
Interest rate (as percent)   2.25%            
Commitment fee (as percent)   0.35%            
Seacoast National Bank                
Line of Credit Facility [Line Items]                
Interest rate (as percent)       2.75%        
Interest rate (as percent)           6.42%    
Interest Rate Swap Conversion                
Line of Credit Facility [Line Items]                
Debt instrument term (in years) 3 years   3 years 3 years        
Interest rate (as percent)     2.25% 2.50%        
Construction/stabilization loan conditional extension term (in years) 1 year   2 years 2 years        
Number of extension | extension_period 2              
Synovus National Bank                
Line of Credit Facility [Line Items]                
Interest rate (as percent)     2.75%          
Interest rate (as percent)           6.42%    
Pinnacle Bank                
Line of Credit Facility [Line Items]                
Interest rate (as percent) 2.75%              
Wells Fargo                
Line of Credit Facility [Line Items]                
Debt instrument term (in years)   5 years            
Maximum facility amount   $ 50,000            
Debt outstanding on revolver           $ 6,500    
Outstanding letters of credit           410    
Amount available for borrowing           $ 43,090    
Letters of credit expiration period (in years)           1 year    
Letters of credit extension period (in years)           1 year    
Letter of credit fee (as percent)           2.25%    
Interest rate (as percent)           5.88%    
Maximum dividends to pay           $ 87,000    
Seacoast National Bank                
Line of Credit Facility [Line Items]                
Credit agreement       $ 16,000        
Synovus National Bank                
Line of Credit Facility [Line Items]                
Credit agreement     $ 31,900          
Pinnacle Bank                
Line of Credit Facility [Line Items]                
Credit agreement $ 33,000