2019 Q4 Form 10-K Financial Statement

#000155837021001636 Filed on February 24, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4 2018
Revenue $42.70M $16.30M $110.3M
YoY Change 161.96% -24.4% 11.62%
Cost Of Revenue $19.10M $11.00M $51.30M
YoY Change 73.64% -30.38% -23.65%
Gross Profit $23.60M $5.300M $59.00M
YoY Change 345.28% -13.11% 86.7%
Gross Profit Margin 55.27% 32.52% 53.5%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.100M $2.200M $8.998M
YoY Change 40.91% -15.38% 1.27%
% of Gross Profit 13.14% 41.51% 15.25%
Operating Expenses $8.400M $6.700M $29.60M
YoY Change 25.37% -12.99% -69.31%
Operating Profit $15.20M -$1.400M $29.40M
YoY Change -1185.71% -25.69% 1159.27%
Interest Expense -$3.500M -$2.400M $11.84M
YoY Change 45.83% -196.0% -2.51%
% of Operating Profit -23.03% 40.27%
Other Income/Expense, Net -$700.0K $400.0K $1.462M
YoY Change -275.0% 0.0% -96.25%
Pretax Income $11.10M -$4.000M $30.87M
YoY Change -377.5% -141.67% -25.36%
Income Tax $1.300M -$2.500M -$736.0K
% Of Pretax Income 11.71% -2.38%
Net Earnings $8.700M -$100.0K $32.37M
YoY Change -8800.0% -100.26% -45.67%
Net Earnings / Revenue 20.37% -0.61% 29.35%
Basic Earnings Per Share
Diluted Earnings Per Share $146.5K -$1.650K $516.7K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q4 2018 Q4 2018
SHORT-TERM ASSETS
Cash & Short-Term Investments $185.7M $195.2M $195.2M
YoY Change -4.87% 1.61% 1.61%
Cash & Equivalents $185.7M $195.2M $195.2M
Short-Term Investments
Other Short-Term Assets $6.600M $6.800M
YoY Change 3.03%
Inventory $1.384M
Prepaid Expenses
Receivables $7.000M $14.10M
Other Receivables $0.00 $6.600M
Total Short-Term Assets $199.3M $201.8M $222.7M
YoY Change -1.24% -1.94% 0.86%
LONG-TERM ASSETS
Property, Plant & Equipment $19.02M $12.00M $12.00M
YoY Change 58.48% 1.9% 1.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $652.4M $603.5M $603.5M
YoY Change 8.1% -7.42% -7.42%
Other Assets $2.400M $3.400M $3.400M
YoY Change -29.41% -24.44% -24.44%
Total Long-Term Assets $709.9M $669.2M $648.3M
YoY Change 6.09% -6.43% -7.41%
TOTAL ASSETS
Total Short-Term Assets $199.3M $201.8M $222.7M
Total Long-Term Assets $709.9M $669.2M $648.3M
Total Assets $909.2M $871.0M $871.0M
YoY Change 4.39% -5.43% -5.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.20M $10.10M $10.10M
YoY Change 60.4% 34.67% 34.67%
Accrued Expenses $10.00M $8.500M $8.500M
YoY Change 17.65% -20.56% -20.56%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $27.10M $19.90M $19.90M
YoY Change 36.18% 1.02% 1.02%
LONG-TERM LIABILITIES
Long-Term Debt $269.8M $246.1M $246.1M
YoY Change 9.63% 5.99% 5.99%
Other Long-Term Liabilities $29.90M $27.40M $27.40M
YoY Change 9.12% -0.72% -0.72%
Total Long-Term Liabilities $299.7M $273.5M $273.5M
YoY Change 9.58% 5.27% 5.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $27.10M $19.90M $19.90M
Total Long-Term Liabilities $299.7M $273.5M $273.5M
Total Liabilities $379.6M $352.8M $352.8M
YoY Change 7.59% 7.43% 2.74%
SHAREHOLDERS EQUITY
Retained Earnings $214.2M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $519.5M $518.2M $518.2M
YoY Change
Total Liabilities & Shareholders Equity $909.2M $871.0M $871.0M
YoY Change 4.39% -5.43% -5.43%

Cashflow Statement

Concept 2019 Q4 2018 Q4 2018
OPERATING ACTIVITIES
Net Income $8.700M -$100.0K $32.37M
YoY Change -8800.0% -100.26% -45.67%
Depreciation, Depletion And Amortization $3.100M $2.200M $8.998M
YoY Change 40.91% -15.38% 1.27%
Cash From Operating Activities $15.70M -$4.900M $41.42M
YoY Change -420.41% -213.95% -25.73%
INVESTING ACTIVITIES
Capital Expenditures -$1.200M -$900.0K $2.615M
YoY Change 33.33% 80.0% -12.98%
Acquisitions
YoY Change
Other Investing Activities $1.000M -$6.200M $46.70M
YoY Change -116.13% -119.25% -1.48%
Cash From Investing Activities -$200.0K -$7.100M $44.07M
YoY Change -97.18% -122.33% -0.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $93.37M
YoY Change -36.66%
Debt Paid & Issued, Net $1.362M
YoY Change 5.58%
Cash From Financing Activities 4.600M 5.900M -79.86M
YoY Change -22.03% -147.58% -46.49%
NET CHANGE
Cash From Operating Activities 15.70M -4.900M 41.42M
Cash From Investing Activities -200.0K -7.100M 44.07M
Cash From Financing Activities 4.600M 5.900M -79.86M
Net Change In Cash 20.10M -6.100M 5.622M
YoY Change -429.51% -125.74% -111.47%
FREE CASH FLOW
Cash From Operating Activities $15.70M -$4.900M $41.42M
Capital Expenditures -$1.200M -$900.0K $2.615M
Free Cash Flow $16.90M -$4.000M $38.81M
YoY Change -522.5% -183.33% -26.45%

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CY2019 us-gaap Stock Repurchased During Period Value
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CY2020 us-gaap Stock Repurchased During Period Value
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8803000
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2019 us-gaap Profit Loss
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26661000
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12788000
CY2019 us-gaap Depreciation Depletion And Amortization
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10287000
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CY2020 us-gaap Share Based Compensation
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CY2019 us-gaap Share Based Compensation
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2330000
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33366000
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22814000
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12235000
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40469000
CY2019 joe Expenditures For And Acquisition Of Real Estate To Be Sold
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40081000
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ExpendituresForAndAcquisitionOfRealEstateToBeSold
19819000
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CY2019 joe Accretion Income And Other
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1221000
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1919000
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CY2019 joe Gain On Insurance Proceeds For Damage To Property And Equipment
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37331000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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PaymentsToAcquireExpendituresForOperatingProperty
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64851000
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CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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CY2019 us-gaap Proceeds From Sale Of Productive Assets
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CY2019 us-gaap Proceeds From Insurance Settlement Investing Activities
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CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
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6917000
CY2019 joe Payments To Acquire Equity Securities
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CY2018 joe Payments To Acquire Equity Securities
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15105000
CY2020 joe Payments To Acquire Available For Sale Securities Debt Restricted
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CY2019 joe Payments To Acquire Available For Sale Securities Debt Restricted
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CY2018 joe Payments To Acquire Available For Sale Securities Debt Restricted
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78000
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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7000000
CY2018 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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10000000
CY2019 joe Proceeds From Sale Of Available For Sale Securities Debt Unrestricted
ProceedsFromSaleOfAvailableForSaleSecuritiesDebtUnrestricted
2830000
CY2018 joe Proceeds From Sale Of Available For Sale Securities Debt Unrestricted
ProceedsFromSaleOfAvailableForSaleSecuritiesDebtUnrestricted
63597000
CY2020 joe Proceeds From Sale Of Equity Securities
ProceedsFromSaleOfEquitySecurities
2502000
CY2019 joe Proceeds From Sale Of Equity Securities
ProceedsFromSaleOfEquitySecurities
26859000
CY2018 joe Proceeds From Sale Of Equity Securities
ProceedsFromSaleOfEquitySecurities
11051000
CY2020 joe Proceeds From Sale Of Available For Sale Securities Debt Restricted
ProceedsFromSaleOfAvailableForSaleSecuritiesDebtRestricted
1225000
CY2019 joe Proceeds From Sale Of Available For Sale Securities Debt Restricted
ProceedsFromSaleOfAvailableForSaleSecuritiesDebtRestricted
1159000
CY2018 joe Proceeds From Sale Of Available For Sale Securities Debt Restricted
ProceedsFromSaleOfAvailableForSaleSecuritiesDebtRestricted
1109000
CY2020 joe Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities Special Purpose Entity
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787000
CY2019 joe Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities Special Purpose Entity
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787000
CY2018 joe Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities Special Purpose Entity
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785000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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44065000
CY2020 us-gaap Proceeds From Minority Shareholders
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CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
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23935000
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2019 us-gaap Finance Lease Principal Payments
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CY2020 us-gaap Repayments Of Long Term Debt
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CY2019 us-gaap Repayments Of Long Term Debt
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1607000
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1362000
CY2020 us-gaap Finance Lease Principal Payments
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55000
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887000
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CY2019 us-gaap Payments To Minority Shareholders
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CY2018 us-gaap Payments To Minority Shareholders
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CY2020 us-gaap Payments Of Distributions To Affiliates
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CY2018 us-gaap Payments Of Distributions To Affiliates
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CY2019 joe Financing Activity Ownership Interest Acquired
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CY2019 us-gaap Payments For Repurchase Of Common Stock
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CY2020 us-gaap Payments Of Debt Issuance Costs
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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5622000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
188677000
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
198073000
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
192451000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
110119000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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188677000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
198073000
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CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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185716000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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195155000
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
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CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2961000
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RestrictedCashAndCashEquivalents
2918000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
110119000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
188677000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
198073000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
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CY2019 us-gaap Interest Paid Net
InterestPaidNet
11886000
CY2018 us-gaap Interest Paid Net
InterestPaidNet
11617000
CY2020 us-gaap Number Of Reportable Segments
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3
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IncomeTaxesPaidNet
2005000
CY2019 joe Noncash Allocation Of Ownership Interest In Joint Venture
NoncashAllocationOfOwnershipInterestInJointVenture
1209000
CY2018 joe Noncash Allocation Of Ownership Interest In Joint Venture
NoncashAllocationOfOwnershipInterestInJointVenture
490000
CY2020 joe Noncash Capital Contribution From Noncontrolling Interest
NoncashCapitalContributionFromNoncontrollingInterest
2359000
CY2020 joe Noncash Contribution To Equity Method Investment
NoncashContributionToEquityMethodInvestment
23737000
CY2019 joe Noncash Contribution To Equity Method Investment
NoncashContributionToEquityMethodInvestment
2940000
CY2020 joe Increase Decrease In Community Development District Debt
IncreaseDecreaseInCommunityDevelopmentDistrictDebt
-157000
CY2019 joe Increase Decrease In Community Development District Debt
IncreaseDecreaseInCommunityDevelopmentDistrictDebt
1203000
CY2018 joe Increase Decrease In Community Development District Debt
IncreaseDecreaseInCommunityDevelopmentDistrictDebt
-467000
CY2020 joe Change In Capital Expenditures Incurred But Not Yet Paid
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7939000
CY2019 joe Change In Capital Expenditures Incurred But Not Yet Paid
ChangeInCapitalExpendituresIncurredButNotYetPaid
3158000
CY2018 joe Change In Capital Expenditures Incurred But Not Yet Paid
ChangeInCapitalExpendituresIncurredButNotYetPaid
-1273000
CY2020 us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;">1. Nature of Operations</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">The St. Joe Company, together with its consolidated subsidiaries, (“St. Joe” or the “Company”) is a Florida real estate development, asset management and operating company with real estate assets and operations in Northwest Florida. Approximately 86% of the Company’s real estate is located in Florida’s Bay, Gulf, and Walton counties. Approximately 90% of the Company’s real estate land holdings are located within 15 miles of the Gulf of Mexico.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 6pt 0pt;">The Company conducts primarily all of its business in the following three reportable segments: 1) residential, 2) hospitality and 3) commercial. Prior to the first quarter of 2020, commercial leasing and sales, as well as forestry were treated as individual reportable segments. Commencing in the first quarter of 2020, due to organizational changes, the Company’s previously titled “commercial leasing and sales” and “forestry” segments are reported as one segment and retitled to “commercial.” This change is consistent with the Company’s belief that the decision making and management of the assets in these segments are being made as one group. All prior year segment information has been reclassified to conform to the 2020 presentation. Also commencing in the first quarter of 2020, the Company’s previously titled “residential real estate” segment was retitled to “residential.” The change had no effect on the consolidated balance sheets, statements of income, statements of comprehensive income or statements of cash flows for the periods presented. See Note 20. <i style="font-family:'TimesNewRomanPS-ItalicMT';font-style:italic;">Segment Information.</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="margin-bottom:12pt;visibility:hidden;">​</span></p>
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Use of Estimates</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. On an ongoing basis, the Company evaluates its estimates and assumptions including investment in real estate, real estate impairment assessments, investments, retained interest investments, accruals, deferred income taxes, allowance for credit losses and revenue recognition. Actual results could differ from those estimates.</p>
CY2020 joe Inventory Valuation Sample Percentage Of Holdings
InventoryValuationSamplePercentageOfHoldings
0.20
CY2020 joe Receivables Write Off Period
ReceivablesWriteOffPeriod
P90D
CY2020Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
551653000
CY2019Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
430776000
CY2020 us-gaap Depreciation Nonproduction
DepreciationNonproduction
8300000
CY2019 us-gaap Depreciation Nonproduction
DepreciationNonproduction
6800000
CY2018 us-gaap Depreciation Nonproduction
DepreciationNonproduction
6000000.0
CY2020 us-gaap Depletion
Depletion
400000
CY2019 us-gaap Depletion
Depletion
300000
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Concentration of Risks and Uncertainties</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">The Company’s real estate investments are concentrated in Northwest Florida. Uncertain economic conditions could have an adverse impact on the Company’s real estate values.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">On March 11, 2020, the World Health Organization characterized the outbreak of COVID-19, as a global pandemic and recommended containment and mitigation measures. The economic conditions in the United States have been negatively impacted by the continued threat by the COVID-19 pandemic. The Company’s hospitality operations have already been, and may continue to be, disrupted by the impacts of the COVID-19 pandemic and the federal, state and local government actions to address it. While the breadth and duration of the COVID-19 pandemic impact is unknown, it could have a material adverse impact on the Company’s results of operations, cash flows and financial condition. See Part I. Item 1A. <i style="font-family:'TimesNewRomanPS-ItalicMT';font-style:italic;">Risk Factors</i>.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">Financial instruments that potentially subject the Company to a concentration of credit risk consist of cash, cash equivalents, investments, other receivables, investments held by special purpose entity or entities (“SPE”), and investments in retained interests. The Company deposits and invests cash with local, regional and national financial institutions and as of December 31, 2020 these balances exceed the amount of FDIC insurance provided on such deposits by $15.6 million. In addition, as of December 31, 2020, the Company had $79.0 million invested in short term U.S. Treasury Bills classified as cash equivalents, $11.0 invested in U.S. Treasury Money Market Funds, $48.0 million invested in U.S. Treasury Bills classified as investments – debt securities and $2.6 million invested in three issuers of preferred stock that are non-investment grade.</p>
CY2019Q4 joe Common Stock Equivalents
CommonStockEquivalents
0
CY2020Q4 joe Common Stock Equivalents
CommonStockEquivalents
0
CY2020 us-gaap Operating Lease Lease Income
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18819000
CY2020 us-gaap Revenues
Revenues
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CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
18819000
CY2020 us-gaap Revenues
Revenues
160555000
CY2019 us-gaap Operating Lease Lease Income
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15581000
CY2019 us-gaap Revenues
Revenues
127085000
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
15581000
CY2019 us-gaap Revenues
Revenues
127085000
CY2018 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
13727000
CY2018 us-gaap Revenues
Revenues
110276000
CY2018 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
13727000
CY2018 us-gaap Revenues
Revenues
110276000
CY2018 us-gaap Depletion
Depletion
500000
CY2020Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
37965000
CY2019Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
5084000
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-666000
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-77000
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
49206000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
16000
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
49222000
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
2531000
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
11000
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
125000
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
2417000
CY2020 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
100000
CY2020 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
1200000
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
11000000.0
CY2020 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
58900000
CY2019 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
100000
CY2019 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
4000000.0
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
7000000.0
CY2019 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
100000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
100000
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
49206000
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
49222000
CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-4700000
CY2019 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-5300000
CY2018 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-3000000.0
CY2018 joe Impairment Of Unconsolidated Joint Ventures
ImpairmentOfUnconsolidatedJointVentures
0
CY2019 joe Impairment Of Unconsolidated Joint Ventures
ImpairmentOfUnconsolidatedJointVentures
0
CY2020 joe Impairment Of Unconsolidated Joint Ventures
ImpairmentOfUnconsolidatedJointVentures
0
CY2019 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0
CY2020 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0
CY2018 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
100000
CY2020 joe Contingencies Hurricane
ContingenciesHurricane
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 12pt 0pt;">7. Hurricane Michael</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;">On October 10, 2018, Hurricane Michael made landfall in the Florida Panhandle. The majority of the Company’s properties incurred minimal or no damage; however the Company’s Bay Point Marina in Bay County and Port St. Joe </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;">Marina in Gulf County, as well as certain timber, commercial and multi-family leasing assets were impacted. The marinas suffered significant damage requiring long-term restoration and will remain closed during the reconstruction of significant portions of these assets, which is currently underway.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">The Company maintains property and business interruption insurance, subject to certain deductibles, and is continuing to assess claims under such policies; however, the timing and amount of insurance proceeds are uncertain and may not be sufficient to cover all losses. Timing differences are likely to exist between the impairment losses, capital expenditures made to repair or restore properties and recognition and receipt of insurance proceeds reflected in the Company’s financial statements. During both 2020 and 2019, $1.3 million of insurance proceeds were received related to business interruption insurance, included within cost of hospitality revenue on the consolidated statements of income. During 2020, $0.7 million of business interruption insurance proceeds were received related to Pier Park Crossings JV, included within cost of leasing revenue on the consolidated statements of income. Costs incurred due to business interruption, primarily at the marinas, are continuing to be evaluated. The Company does not expect revenue at these locations until the properties have been rebuilt, but will incur costs for employee retention and property maintenance.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt;">During 2020, 2019 and 2018, the Company incurred loss from hurricane damage of $1.1 million, $2.7 million and $8.6 million, respectively, for loss on disposal of assets, timber loss and additional hurricane related items. During 2020, 2019 and 2018 the Company recognized $0.7 million, $5.3 million and $7.2 million, respectively, of gain on insurance recovery. The loss from hurricane damage and gain on insurance recovery were recorded in other income, net on the consolidated statements of income.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p>
CY2020 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
14710000
CY2019 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
11637000
CY2018 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
10660000
CY2020 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
4109000
CY2019 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
3944000
CY2018 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
3067000
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
18819000
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
15581000
CY2018 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
13727000
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
14820000
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
11204000
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
8967000
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
7505000
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
5076000
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
14656000
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
62228000
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
57000
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
40000
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
11000
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
9000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
289000
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
238000
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1016000
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
721000
CY2020 us-gaap Lease Cost
LeaseCost
1373000
CY2019 us-gaap Lease Cost
LeaseCost
1008000
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y10M24D
CY2019Q4 joe Prepaid Income On Land Sales
PrepaidIncomeOnLandSales
3180000
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y2M12D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y10M24D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y1M6D
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.050
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.050
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.049
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.050
CY2020Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
94000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
94000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
94000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
47000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
12000
CY2020Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
341000
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
25000
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
316000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
20846000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
19018000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
256000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
201000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
158000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
88000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
37000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
281000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1021000
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
213000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
808000
CY2020Q4 us-gaap Restricted Investments
RestrictedInvestments
1171000
CY2019Q4 us-gaap Restricted Investments
RestrictedInvestments
2364000
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AccountsReceivableNet
10791000
CY2019Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
6957000
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
5675000
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
5211000
CY2020Q4 us-gaap Notes Receivable Net
NotesReceivableNet
10877000
CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
3252000
CY2019Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
2843000
CY2020Q4 us-gaap Inventory Net
InventoryNet
2026000
CY2019Q4 us-gaap Inventory Net
InventoryNet
1384000
CY2020Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
7135000
CY2019Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
6592000
CY2020Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
3174000
CY2019Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
3292000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
808000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
691000
CY2020Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
5743000
CY2019Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
4331000
CY2020Q4 joe Retained Interest
RetainedInterest
12905000
CY2019 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
2521000
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
5211000
CY2019Q4 joe Retained Interest
RetainedInterest
12214000
CY2020Q4 us-gaap Interest Receivable
InterestReceivable
2938000
CY2019Q4 us-gaap Interest Receivable
InterestReceivable
2938000
CY2020Q4 us-gaap Other Assets
OtherAssets
63243000
CY2019Q4 us-gaap Other Assets
OtherAssets
52069000
CY2020Q4 joe Allowance For Doubtful Accounts Receivable Excluding Lease Related Receivable
AllowanceForDoubtfulAccountsReceivableExcludingLeaseRelatedReceivable
200000
CY2020Q4 joe Allowance For Doubtful Lease Related Receivables
AllowanceForDoubtfulLeaseRelatedReceivables
100000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
300000
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
5211000
CY2020 joe Contract With Customer Asset Increase Due To Sale
ContractWithCustomerAssetIncreaseDueToSale
3854000
CY2020 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
3390000
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
5675000
CY2018Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2977000
CY2019 joe Contract With Customer Asset Increase Due To Sale
ContractWithCustomerAssetIncreaseDueToSale
4755000
CY2020Q4 us-gaap Notes Receivable Net
NotesReceivableNet
10877000
CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
3252000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
0
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
80576000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
80982000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
60433000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
63223000
CY2020Q4 joe Property Plant And Equipment Excluding Construction In Progress Net
PropertyPlantAndEquipmentExcludingConstructionInProgressNet
20143000
CY2019Q4 joe Property Plant And Equipment Excluding Construction In Progress Net
PropertyPlantAndEquipmentExcludingConstructionInProgressNet
17759000
CY2020Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
703000
CY2019Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
1259000
CY2020 us-gaap Depreciation
Depreciation
4000000.0
CY2019 us-gaap Depreciation
Depreciation
3200000
CY2018 us-gaap Depreciation
Depreciation
2400000
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
161418000
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
2503000
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
158915000
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
94507000
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
1978000
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
92529000
CY2020Q4 joe Community Development District Debt
CommunityDevelopmentDistrictDebt
15800000
CY2019Q4 joe Community Development District Debt
CommunityDevelopmentDistrictDebt
17800000
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2605000
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
3402000
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
3750000
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
44993000
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
45903000
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
60765000
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
161418000
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AccountsPayableCurrentAndNoncurrent
25376000
CY2019Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
16207000
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
316000
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
204000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
808000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
691000
CY2020Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
3337000
CY2019Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
3151000
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6892000
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1344000
CY2019Q4 joe Advance Deposits
AdvanceDeposits
946000
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2850000
CY2019Q4 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
2850000
CY2020Q4 us-gaap Other Liabilities
OtherLiabilities
72035000
CY2019Q4 us-gaap Other Liabilities
OtherLiabilities
57200000
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-4993000
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3277000
CY2020Q4 joe Contract With Customer Liability Excluding Initiation Fees
ContractWithCustomerLiabilityExcludingInitiationFees
16632000
CY2019Q4 joe Contract With Customer Liability Excluding Initiation Fees
ContractWithCustomerLiabilityExcludingInitiationFees
18972000
CY2020Q4 joe Contract With Customer Liability Club Initiation Fees
ContractWithCustomerLiabilityClubInitiationFees
10716000
CY2019Q4 joe Contract With Customer Liability Club Initiation Fees
ContractWithCustomerLiabilityClubInitiationFees
6917000
CY2020Q4 us-gaap Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
3764000
CY2019Q4 us-gaap Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
3985000
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
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10700000
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
2600000
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
4500000
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
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3000000.0
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
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600000
CY2020 us-gaap Current Federal Tax Expense Benefit
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5146000
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1070000
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
4305000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
5146000
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1070000
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
4305000
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
6321000
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
5903000
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DeferredTaxAssetsTaxDeferredExpenseCapitalizedCosts
2851000
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13670000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9447000
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-736000
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
488000
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2203000
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2474000
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8524000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8377000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13670000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9447000
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-736000
CY2020 us-gaap Income Tax Effects Allocated Directly To Equity
IncomeTaxEffectsAllocatedDirectlyToEquity
-386000
CY2019 us-gaap Income Tax Effects Allocated Directly To Equity
IncomeTaxEffectsAllocatedDirectlyToEquity
116000
CY2018 us-gaap Income Tax Effects Allocated Directly To Equity
IncomeTaxEffectsAllocatedDirectlyToEquity
685000
CY2020 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
IncomeTaxExpenseBenefitIntraperiodTaxAllocation
13284000
CY2019 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
IncomeTaxExpenseBenefitIntraperiodTaxAllocation
9563000
CY2018 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
IncomeTaxExpenseBenefitIntraperiodTaxAllocation
-51000
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
12385000
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
7607000
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
6643000
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2203000
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1477000
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
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MortgageLoansOnRealEstateNewMortgageLoans
2386000
CY2018 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
1471000
CY2020 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
1949000
CY2019 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
1165000
CY2018 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
3004000
CY2020 us-gaap Mortgage Loans On Real Estate Other Deductions
MortgageLoansOnRealEstateOtherDeductions
28000
CY2020Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
10321000
CY2019Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
2683000
CY2018Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1462000

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