v3.26.1
Debt, Net - Debt Agreements (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2021
Apr. 30, 2027
Dec. 31, 2025
Sep. 30, 2025
Feb. 28, 2025
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Debt instruments                        
Community Development District debt (CDD) $ 8,500       $ 9,000              
Assets 1,508,347       $ 1,518,426              
Loss on extinguishment of debt 98 $ 86                    
Asset Pledged as Collateral without Right                        
Debt instruments                        
Assets $ 448,200                      
Assets, Pledging Purpose Long-Term Debt                      
Watersound Origins Crossings JV Loan (insured by HUD)                        
Debt instruments                        
Loan amount               $ 52,900        
Watersound Origins Crossings JV Loan (insured by HUD) | Minimum                        
Debt instruments                        
Prepayment premium, as a percent of principal repaid 1.00%                      
Watersound Origins Crossings JV Loan (insured by HUD) | Maximum                        
Debt instruments                        
Prepayment premium, as a percent of principal repaid 7.00%                      
Pier Park Resort Hotel JV Loan                        
Debt instruments                        
Loan amount                   $ 52,500    
Pier Park Resort Hotel JV Loan | Maximum                        
Debt instruments                        
Loan amount                   60,000    
Pier Park Resort Hotel JV Loan | Interest rate swap                        
Debt instruments                        
Notional Amount                 $ 42,000      
Fixed Interest Rate (as a percent) 3.20%                      
Pier Park Resort Hotel JV Loan | Interest rate swap | Forecast                        
Debt instruments                        
Notional Amount       $ 38,700                
Mexico Beach Crossings JV Loan (insured by HUD)                        
Debt instruments                        
Loan amount                 43,500      
Mexico Beach Crossings JV Loan (insured by HUD) | Minimum                        
Debt instruments                        
Prepayment premium, as a percent of principal repaid 1.00%                      
Mexico Beach Crossings JV Loan (insured by HUD) | Maximum                        
Debt instruments                        
Prepayment premium, as a percent of principal repaid 8.00%                      
PPN JV Loan                        
Debt instruments                        
Loan amount           $ 40,000            
Prepayment premium, as a percent of principal repaid 1.00%                      
PPC JV Loan (insured by HUD)                        
Debt instruments                        
Loan amount                       $ 36,600
PPC JV Loan (insured by HUD) | Minimum                        
Debt instruments                        
Prepayment premium, as a percent of principal repaid 2.00%                      
PPC JV Loan (insured by HUD) | Maximum                        
Debt instruments                        
Prepayment premium, as a percent of principal repaid 7.00%                      
Pearl Hotel Loan                        
Debt instruments                        
Loan amount                 37,000      
Pearl Hotel Loan | Minimum                        
Debt instruments                        
Prepayment premium, as a percent of principal repaid 1.00%                      
Pearl Hotel Loan | Maximum                        
Debt instruments                        
Prepayment premium, as a percent of principal repaid 2.00%                      
Watersound Camp Creek Loan                        
Debt instruments                        
Loan amount     $ 28,000                  
Company's liability as guarantor, upon reaching and maintaining a trailing twelve months operations with a certain debt service coverage ratio (as a percent)     25.00%                  
North Bay Landing Loan (Insured by HUD)                        
Debt instruments                        
Loan amount             $ 27,800          
North Bay Landing Loan (Insured by HUD) | Minimum                        
Debt instruments                        
Prepayment premium, as a percent of principal repaid 1.00%                      
North Bay Landing Loan (Insured by HUD) | Maximum                        
Debt instruments                        
Prepayment premium, as a percent of principal repaid 9.00%                      
Loss on extinguishment of debt   $ 100                    
PPC II JV Loan (insured by HUD)                        
Debt instruments                        
Loan amount                 22,900      
PPC II JV Loan (insured by HUD) | Minimum                        
Debt instruments                        
Prepayment premium, as a percent of principal repaid 1.00%                      
PPC II JV Loan (insured by HUD) | Maximum                        
Debt instruments                        
Prepayment premium, as a percent of principal repaid 6.00%                      
Hotel Indigo Loan                        
Debt instruments                        
Loan amount     $ 21,200                  
Loan extension period     60 months                  
Breakfast Point Hotel Loan                        
Debt instruments                        
Loan amount                   16,800    
Lodge 30A JV Loan                        
Debt instruments                        
Loan amount     $ 15,000                  
Company's liability as guarantor (as a percent)     25.00%                  
Topsail Hotel Loan                        
Debt instruments                        
Loan amount                 $ 13,700      
Airport Hotel Loan                        
Debt instruments                        
Loan amount                   $ 15,300    
Watersound Town Center Grocery Loan                        
Debt instruments                        
Loan amount     $ 12,000                  
Beckrich Building III Loan                        
Debt instruments                        
Loan amount                     $ 5,500