2020-01-01 - Lake Worth, FL - Other

1/01/2020 Approximately 1440 I was sitting in my backyard, the sky was perfectly clear. I saw an object moving west at a relatively slow pace at an approximate altitude of 1500 ft. It seemed to be rotating and the sun was reflecting off of it. I watched the object for about 1 to 1.5 minutes before I decided to grab some binoculars to get a better look. I reacquired the object looking through the binoculars and could see that it was an orangish color and was definitely rotating at a steady slow pace. It seemed to be shaped like a parachute canopy. I watched it through the binoculars for about 1 min before I lost sight of it due to a tree line behind my home. I'm a professional pilot with 15 years experience and It was definitely not an airplane or helicopter. Oddly enough as I decided to document the sighting a police helicopter showed up in the exact same area and flew around for some time at a higher than normal altitude.