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Limited Partnerships (Schedule of Assets and Liabilities of the VIE Partnerships (Details) - USD ($) $ in Thousands | Sep. 30, 2025 | Dec. 31, 2024 | Sep. 30, 2024
--- | --- | --- | ---
Limited Partnerships [Line Items] |  |  |
Cash and cash equivalents | $ 55,040 | $ 20,178 |
Restricted cash | 483 | 976 |
Real estate under development | 182,775 | 274,105 |
Land available for development | 76,281 | 65,009 |
Real estate held for investment, net | 226,776 | 136,252 |
Lease right-of-use assets | 9,537 | 10,088 |
Other assets | 9,933 | 14,634 |
Total assets | 572,562 | 532,606 | $ 523,180
Accounts payable | 8,480 | 10,061 |
Accrued liabilities, including taxes | 6,657 | 7,291 |
Debt | 203,898 | 194,853 |
Lease liabilities | 15,219 | 15,436 |
Other liabilities | 5,135 | 5,588 |
Total liabilities | 240,476 | 235,039 |
Saint George partnership, Stratus Kingwood, L.P., The Saint June L.P, Stratus Block 150, L.P, and Holden Hills, L.P. |  |  |
Limited Partnerships [Line Items] |  |  |
Cash and cash equivalents | 8,468 | 11,096 |
Restricted cash | 307 | 572 |
Real estate under development | 142,566 | 143,743 |
Land available for development | 36,820 | 36,509 |
Real estate held for investment, net | 181,463 | 81,477 |
Lease right-of-use assets | 0 | 148 |
Other assets | 2,941 | 3,211 |
Total assets | 372,565 | 276,756 |
Accounts payable | 6,313 | 7,399 |
Accrued liabilities, including taxes | 3,916 | 3,327 |
Debt | 150,823 | 140,090 |
Lease liabilities | 0 | 148 |
Other liabilities | 452 | 469 |
Total liabilities | 161,504 | 151,433 |
Net assets | $ 211,061 | $ 125,323 |

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