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Debt (Tables) | 12 Months Ended
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Dec. 31, 2024
Debt Disclosure [Abstract] |
Schedule of Debt [Table Text Block] | Stratus’ debt follows (in thousands):
| December 31,
| 2024 |  | 2023
Comerica Bank revolving credit facility a | $ | — |  |  | $ | — |
Kingwood Place loan, b |  |  |
average interest rate of 6.37% in 2024 and 7.74% in 2023 | 32,408 |  |  | 28,160 |
Jones Crossing loan, |  |  |
average interest rate of 7.57% in 2024 and 7.27% in 2023 | 22,428 |  |  | 22,340 |
The Annie B land loan, |  |  |
average interest rate of 8.25% in 2024 and 7.96% in 2023 | 12,568 |  |  | 13,983 |
Construction loans: |  |  |
The Saint George construction loan, c |  |  |
average interest rate of 7.53% in 2024 and 7.68% in 2023 | 47,741 |  |  | 24,657 |
The Saint June construction loan, |  |  |
average interest rate of 7.90% in 2024 and 7.87% in 2023 | 32,109 |  |  | 27,668 |
Lantana Place construction loan, |  |  |
average interest rate of 7.52% in 2024 and 7.47% in 2023 | 25,509 |  |  | 22,961 |
Holden Hills Phase 1 construction loan, d |  |  |
average interest rate of 8.15% in 2024 and 8.38% in 2023 | 15,265 |  |  | 5,736 |
West Killeen Market construction loan, |  |  |
average interest rate of 7.89% in 2024 and 7.75% in 2023 | 5,194 |  |  | 5,250 |
Amarra Villas credit facility, |  |  |
average interest rate of 8.33% in 2024 and 8.11% in 2023 | 1,631 |  |  | 15,682 |
Magnolia Place construction loan, e |  |  |
average interest rate of —% in 2024 and 8.38% in 2023 | — |  |  | 8,731 |
Total debt e | $ | 194,853 |  |  | $ | 175,168 |
a.Stratus did not have an outstanding balance during 2024 or 2023. At December 31, 2024, the interest rate for the revolving credit facility was 8.33 percent. b.In November 2024, the Kingwood Place construction loan was refinanced with a three-year term loan. c.There was no outstanding balance during first-quarter 2023. d.There was no outstanding balance during first-quarter and second-quarter 2023. e.In February 2024, Stratus repaid this loan. f.Includes net reductions for unamortized debt issuance costs of $1.8 million at December 31, 2024, and $2.2 million at December 31, 2023.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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