v3.25.2
Joint Ventures - Unconsolidated JV - Latitude Margaritaville Watersound JV (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2025
USD ($)
home
Transaction
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Investments      
Investment in unconsolidated joint ventures $ 73,854   $ 66,454
Distributions from unconsolidated JVs 13,500 $ 9,900  
Latitude Margaritaville Watersound JV      
Investments      
Amount as lender of secured revolving promissory note 10,000    
Secured revolving promissory note with unconsolidated Latitude Margaritaville Watersound JV, homesite development - 5.0% interest rate, due June 2025      
Investments      
Note receivable     0
Latitude Margaritaville Watersound JV      
Investments      
Investment in unconsolidated joint ventures 62,068   $ 53,399
Distributions from unconsolidated JVs 13,400 $ 9,600  
Amount of infrastructure improvements completed 8,400    
Amount of infrastructure improvements agreed upon to be made $ 9,200    
Ownership percentage 50.00%   50.00%
Average amount of land contribution returned per home $ 10    
Latitude Margaritaville Watersound JV | Residential homes      
Investments      
Number of units under contract | home 216    
Number of completed home sale transactions | Transaction 1,992    
Number of units to be developed, including units completed | home 3,500