Notes Receivable Notes Receivable (Tables)

6 Months Ended

Jun. 30, 2018

Receivables [Abstract]

Summary of Mezzanine Loans

The Company had the following mezzanine loans outstanding as of June 30, 2018 and December 31, 2017 (in thousands):

	Outstanding loan amount				Maximum loan commitment		Interest rate
Development Project	June 30, 2018		December 31, 2017
1405 Point	$	25,633	$	22,444	$	28,232	8.0	%
The Residences at Annapolis Junction	45,230		43,021		48,105		10.0	%
North Decatur Square	15,134		11,790		25,712		15.0	%
Delray Plaza	6,551		5,379		13,123		15.0	%
Total	$	92,548	$	82,634	$	115,172

Summary of Interest Income

The Company recognized interest income for the three and six months ended June 30, 2018 and 2017 as follows:

	Three Months Ended   June 30,				Six Months Ended   June 30,
Development Project	2018		2017		2018		2017
1405 Point	$	483	$	429	$	936	$	845
The Residences at Annapolis Junction	1,124		1,016		2,209		1,997
North Decatur Square	531		211		992		211
Delray Plaza	225		—		448		—
Total	$	2,363	$	1,656	$	4,585	$	3,053