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Notes Receivable (Details)
6 Months Ended 12 Months Ended
Sep. 30, 2016
USD ($)
Apr. 21, 2016
USD ($)
ft²
unit
extension
room
Oct. 15, 2015
USD ($)
ft²
story
unit
extension
Jun. 30, 2016
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Nov. 10, 2016
USD ($)
Notes Receivable                    
Ownership interest percentage in properties             100.00%      
Notes receivable             $ 59,546,000 $ 7,825,000    
Interest income             3,228,000 $ 126,000 $ 0  
BDG Loan                    
Notes Receivable                    
Stated Interest Rate     8.00%              
Number of times the loan receivable can be extended | extension     2              
Stated interest rate, basis spread on variable rate       2.00%            
Notes receivable             20,600,000      
Interest income             1,200,000      
Forecast | BDG Loan                    
Notes Receivable                    
Stated interest rate, basis spread on variable rate           2.00%        
BDG | BDG Loan                    
Notes Receivable                    
Extension period of the loan receivable     1 year              
Point Street Apartments                    
Notes Receivable                    
Development project future value     $ 93,000,000              
Number of stories | story     17              
Number of residential units | unit     289              
Area of retail space | ft²     18,000              
Point Street Apartments | Forecast                    
Notes Receivable                    
Ownership interest percentage in properties         9.00% 79.00%        
Purchase price         $ 3,100,000 $ 27,300,000        
Period after completion to exercise purchase option         27 months 1 year        
Point Street Apartments | Financial Guarantee                    
Notes Receivable                    
Guarantor obligations of the senior construction loan (up to)                   $ 25,000,000.0
Point Street Apartments | Financial Guarantee | Letter of Credit                    
Notes Receivable                    
Credit facility, amount outstanding             2,100,000      
Point Street Apartments | Maximum                    
Notes Receivable                    
Commitment to invest in a development project (up to)     $ 28,200,000.0              
Ownership interest percentage in properties                   88.00%
Point Street Apartments | Maximum | BDG                    
Notes Receivable                    
Construction loan (up to)                   $ 70,000,000.0
Annapolis Junction Town Center                    
Notes Receivable                    
Development project future value   $ 102,000,000                
Number of residential units | unit   416                
Area of retail space | ft²   17,000                
Period after completion to exercise purchase option 1 year                  
Number of times the loan receivable can be extended | extension   2                
Notes receivable             38,900,000      
Interest income             2,000,000      
Note receivable maximum principal balance   $ 42,000,000.0                
Number of rooms (room) | room   150                
Interest acquired 80.00%                  
Option to acquire additional interest 8.00%                  
Period after completion to exercise additional purchase option 27 months                  
Interest reserve   $ 6,000,000                
Annapolis Junction Town Center | BDG Loan                    
Notes Receivable                    
Stated Interest Rate   10.00%                
Extension period of the loan receivable   1 year                
Annapolis Junction Town Center | Financial Guarantee                    
Notes Receivable                    
Guarantor obligations of the senior construction loan (up to) $ 25,000,000.0                  
Annapolis Junction Town Center | Annapolis Junction Apartments Owner LLC | BDG Loan                    
Notes Receivable                    
Required payment of loan   80.00%                
Note receivable, past due             $ 0      
Annapolis Junction Town Center | Maximum                    
Notes Receivable                    
Commitment to invest in a development project (up to)   $ 48,000,000.0                
Interest acquired 88.00%                  
Annapolis Junction Town Center | Maximum | Annapolis Junction Apartments Owner LLC                    
Notes Receivable                    
Construction loan (up to) $ 60,000,000