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Investment in Unconsolidated Joint Ventures - Financial Position And Results of Operations From Our Investees (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Assets      
Real estate $ 284,480   $ 296,363
Other assets 79,623   86,644
Total assets 729,438   770,569
Liabilities and Equity      
Total liabilities and partners' capital 729,438   770,569
Investment in unconsolidated joint ventures 59,803   61,621
Liabilities 378,020   433,718
Revenues:      
Rental revenue 7,481 $ 10,361  
Other income 306 1,467  
Total revenue 7,787 11,828  
Expenses:      
Depreciation and amortization 3,210 3,953  
Net income 14,567 23,215  
Our equity in the income (loss) in unconsolidated joint ventures 5,194 3,336  
VAA      
Liabilities and Equity      
Mezzanine notes payable 120,842   125,306
Our share of partners' capital 80,165   80,602
Basis adjustment (141,204)   (144,287)
Investment in unconsolidated joint ventures 59,803   61,621
Revenues:      
Rental revenue 34,848 31,070  
Other income 11,477 15,289  
Total revenue 46,325 46,359  
Expenses:      
Operating expenses 25,874 28,039  
Depreciation and amortization 8,151 8,062  
Other income 0 (2,356)  
Interest 13,566 14,175  
Total expenses 47,591 47,920  
Net income (1,266) (1,561)  
Our equity in the income (loss) in unconsolidated joint ventures 5,194 3,336  
VAA | VAA      
Assets      
Total assets 1,255,390   1,280,867
Liabilities and Equity      
Liabilities 1,113,466   1,137,273
Revenues:      
Total revenue 36,666 32,685  
Expenses:      
Total expenses 38,336 $ 35,101  
VAA | Unconsolidated Joint Ventures      
Assets      
Real estate 1,213,324   1,220,391
Other assets 108,877   127,464
Total assets 1,322,201   1,347,855
Liabilities and Equity      
Mortgage notes payable 860,489   867,430
Mezzanine notes payable 238,952   242,942
Other liabilities 34,837   49,877
Our share of partners' capital 80,165   80,602
Outside partner's capital 107,758   107,004
Total liabilities and partners' capital $ 1,322,201   $ 1,347,855