Schedule III - Consolidated Real Estate Investments and Accumulated Depreciation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			$ 645,819
Land			275,523
Building and Improvements			557,783
Cost Capitalized Subsequent to Acquisition			773,018
Land			275,523
Building and improvements			1,330,801
Total			1,606,324
Accumulated Depreciation	$ 188,775	$ 164,521	224,738
Net Carrying Amount			1,381,586
Amount of real estate for federal income tax purposes			1,122,800
Real estate investments
Balance at beginning of the year	1,176,586	994,437
Construction costs and improvements	143,700	144,926
Acquisitions	314,898	51,613
Dispositions	(28,117)	(11,420)
Reclassifications	(743)	(2,970)
Balance at end of the year	1,606,324	1,176,586
Accumulated Depreciation
Balance at beginning of the year	188,775	164,521
Dispositions	(1,818)	(5,559)
Reclassifications	(58)	(582)
Depreciation	37,839	30,395
Balance at end of the year	$ 224,738	$ 188,775
Buildings
SEC Schedule III, Real Estate and Accumulated Depreciation
Estimated useful lives	39 years
Capital improvements | Minimum
SEC Schedule III, Real Estate and Accumulated Depreciation
Estimated useful lives	5 years
Capital improvements | Maximum
SEC Schedule III, Real Estate and Accumulated Depreciation
Estimated useful lives	20 years
Equipment | Minimum
SEC Schedule III, Real Estate and Accumulated Depreciation
Estimated useful lives	3 years
Equipment | Maximum
SEC Schedule III, Real Estate and Accumulated Depreciation
Estimated useful lives	7 years
Office
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			170,727
Land			23,038
Building and Improvements			103,160
Cost Capitalized Subsequent to Acquisition			250,822
Land			23,038
Building and improvements			353,982
Total			377,020
Accumulated Depreciation	$ 65,020		65,020
Net Carrying Amount			312,000
Accumulated Depreciation
Balance at end of the year	65,020
Office | 4525 Main Street
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			31,876
Land			982
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			46,282
Land			982
Building and improvements			46,282
Total			47,264
Accumulated Depreciation	8,097		8,097
Net Carrying Amount			39,167
Accumulated Depreciation
Balance at end of the year	8,097
Office | Armada Hoffler Tower
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			1,976
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			63,304
Land			1,976
Building and improvements			63,304
Total			65,280
Accumulated Depreciation	34,237		34,237
Net Carrying Amount			31,043
Accumulated Depreciation
Balance at end of the year	34,237
Office | Brooks Crossing Office
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			14,411
Land			295
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			19,709
Land			295
Building and improvements			19,709
Total			20,004
Accumulated Depreciation	462		462
Net Carrying Amount			19,542
Accumulated Depreciation
Balance at end of the year	462
Office | One City Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			25,286
Land			2,911
Building and Improvements			28,202
Cost Capitalized Subsequent to Acquisition			4,632
Land			2,911
Building and improvements			32,834
Total			35,745
Accumulated Depreciation	661		661
Net Carrying Amount			35,084
Accumulated Depreciation
Balance at end of the year	661
Office | One Columbus
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			960
Building and Improvements			10,269
Cost Capitalized Subsequent to Acquisition			12,009
Land			960
Building and improvements			22,278
Total			23,238
Accumulated Depreciation	11,958		11,958
Net Carrying Amount			11,280
Accumulated Depreciation
Balance at end of the year	11,958
Office | Thames Street Wharf
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			70,000
Land			15,861
Building and Improvements			64,689
Cost Capitalized Subsequent to Acquisition			63
Land			15,861
Building and improvements			64,752
Total			80,613
Accumulated Depreciation	858		858
Net Carrying Amount			79,755
Accumulated Depreciation
Balance at end of the year	858
Office | Two Columbus
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			53
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			20,704
Land			53
Building and improvements			20,704
Total			20,757
Accumulated Depreciation	8,747		8,747
Net Carrying Amount			12,010
Accumulated Depreciation
Balance at end of the year	8,747
Office | Wills Wharf
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			29,154
Land			0
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			84,119
Land			0
Building and improvements			84,119
Total			84,119
Accumulated Depreciation	0		0
Net Carrying Amount			84,119
Accumulated Depreciation
Balance at end of the year	0
Retail
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			160,776
Land			220,603
Building and Improvements			300,558
Cost Capitalized Subsequent to Acquisition			191,076
Land			220,603
Building and improvements			491,634
Total			712,237
Accumulated Depreciation	101,480		101,480
Net Carrying Amount			610,757
Accumulated Depreciation
Balance at end of the year	101,480
Retail | 249 Central Park Retail
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			16,828
Land			712
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			15,703
Land			712
Building and improvements			15,703
Total			16,415
Accumulated Depreciation	9,406		9,406
Net Carrying Amount			7,009
Accumulated Depreciation
Balance at end of the year	9,406
Retail | Alexander Pointe
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			4,050
Building and Improvements			4,880
Cost Capitalized Subsequent to Acquisition			149
Land			4,050
Building and improvements			5,029
Total			9,079
Accumulated Depreciation	950		950
Net Carrying Amount			8,129
Accumulated Depreciation
Balance at end of the year	950
Retail | Apex Entertainment
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			67
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			10,596
Land			67
Building and improvements			10,596
Total			10,663
Accumulated Depreciation	4,778		4,778
Net Carrying Amount			5,885
Accumulated Depreciation
Balance at end of the year	4,778
Retail | Bermuda Crossroads
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			5,450
Building and Improvements			10,641
Cost Capitalized Subsequent to Acquisition			1,431
Land			5,450
Building and improvements			12,072
Total			17,522
Accumulated Depreciation	2,951		2,951
Net Carrying Amount			14,571
Accumulated Depreciation
Balance at end of the year	2,951
Retail | Broad Creek Shopping Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			0
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			9,135
Land			0
Building and improvements			9,135
Total			9,135
Accumulated Depreciation	4,327		4,327
Net Carrying Amount			4,808
Accumulated Depreciation
Balance at end of the year	4,327
Retail | Broadmoor Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			2,410
Building and Improvements			9,010
Cost Capitalized Subsequent to Acquisition			966
Land			2,410
Building and improvements			9,976
Total			12,386
Accumulated Depreciation	1,843		1,843
Net Carrying Amount			10,543
Accumulated Depreciation
Balance at end of the year	1,843
Retail | Brooks Crossing Retail
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			359
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			2,334
Land			359
Building and improvements			2,334
Total			2,693
Accumulated Depreciation	229		229
Net Carrying Amount			2,464
Accumulated Depreciation
Balance at end of the year	229
Retail | Columbus Village
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			7,631
Building and Improvements			10,135
Cost Capitalized Subsequent to Acquisition			7,028
Land			7,631
Building and improvements			17,163
Total			24,794
Accumulated Depreciation	2,512		2,512
Net Carrying Amount			22,282
Accumulated Depreciation
Balance at end of the year	2,512
Retail | Columbus Village II
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			14,536
Building and Improvements			10,922
Cost Capitalized Subsequent to Acquisition			64
Land			14,536
Building and improvements			10,986
Total			25,522
Accumulated Depreciation	1,364		1,364
Net Carrying Amount			24,158
Accumulated Depreciation
Balance at end of the year	1,364
Retail | Commerce Street Retail
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			118
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			3,307
Land			118
Building and improvements			3,307
Total			3,425
Accumulated Depreciation	1,697		1,697
Net Carrying Amount			1,728
Accumulated Depreciation
Balance at end of the year	1,697
Retail | Courthouse 7-Eleven
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			1,007
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			1,044
Land			1,007
Building and improvements			1,044
Total			2,051
Accumulated Depreciation	217		217
Net Carrying Amount			1,834
Accumulated Depreciation
Balance at end of the year	217
Retail | Dimmock Square
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			5,100
Building and Improvements			13,126
Cost Capitalized Subsequent to Acquisition			314
Land			5,100
Building and improvements			13,440
Total			18,540
Accumulated Depreciation	2,034		2,034
Net Carrying Amount			16,506
Accumulated Depreciation
Balance at end of the year	2,034
Retail | Fountain Plaza Retail
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			10,127
Land			425
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			7,251
Land			425
Building and improvements			7,251
Total			7,676
Accumulated Depreciation	3,585		3,585
Net Carrying Amount			4,091
Accumulated Depreciation
Balance at end of the year	3,585
Retail | Gainsborough Square
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			2,229
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			7,590
Land			2,229
Building and improvements			7,590
Total			9,819
Accumulated Depreciation	3,662		3,662
Net Carrying Amount			6,157
Accumulated Depreciation
Balance at end of the year	3,662
Retail | Greentree Shopping Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			1,103
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			4,036
Land			1,103
Building and improvements			4,036
Total			5,139
Accumulated Depreciation	888		888
Net Carrying Amount			4,251
Accumulated Depreciation
Balance at end of the year	888
Retail | Hanbury Village
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			18,515
Land			3,793
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			19,579
Land			3,793
Building and improvements			19,579
Total			23,372
Accumulated Depreciation	7,486		7,486
Net Carrying Amount			15,886
Accumulated Depreciation
Balance at end of the year	7,486
Retail | Harper Hill Commons
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			2,840
Building and Improvements			8,510
Cost Capitalized Subsequent to Acquisition			263
Land			2,840
Building and improvements			8,773
Total			11,613
Accumulated Depreciation	1,169		1,169
Net Carrying Amount			10,444
Accumulated Depreciation
Balance at end of the year	1,169
Retail | Harrisonburg Regal
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			1,554
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			4,148
Land			1,554
Building and improvements			4,148
Total			5,702
Accumulated Depreciation	2,203		2,203
Net Carrying Amount			3,499
Accumulated Depreciation
Balance at end of the year	2,203
Retail | Indian Lakes Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			7,009
Building and Improvements			2,274
Cost Capitalized Subsequent to Acquisition			30
Land			7,009
Building and improvements			2,304
Total			9,313
Accumulated Depreciation	171		171
Net Carrying Amount			9,142
Accumulated Depreciation
Balance at end of the year	171
Retail | Lexington Square
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			14,696
Land			3,035
Building and Improvements			20,581
Cost Capitalized Subsequent to Acquisition			110
Land			3,035
Building and improvements			20,691
Total			23,726
Accumulated Depreciation	915		915
Net Carrying Amount			22,811
Accumulated Depreciation
Balance at end of the year	915
Retail | Market at Mill Creek
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			14,727
Land			2,243
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			20,386
Land			2,243
Building and improvements			20,386
Total			22,629
Accumulated Depreciation	415		415
Net Carrying Amount			22,214
Accumulated Depreciation
Balance at end of the year	415
Retail | Marketplace at Hilltop
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			10,517
Land			2,023
Building and Improvements			19,886
Cost Capitalized Subsequent to Acquisition			35
Land			2,023
Building and improvements			19,921
Total			21,944
Accumulated Depreciation	388		388
Net Carrying Amount			21,556
Accumulated Depreciation
Balance at end of the year	388
Retail | North Hampton Market
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			7,250
Building and Improvements			10,210
Cost Capitalized Subsequent to Acquisition			602
Land			7,250
Building and improvements			10,812
Total			18,062
Accumulated Depreciation	1,811		1,811
Net Carrying Amount			16,251
Accumulated Depreciation
Balance at end of the year	1,811
Retail | North Point Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			2,214
Land			1,936
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			25,716
Land			1,936
Building and improvements			25,716
Total			27,652
Accumulated Depreciation	14,353		14,353
Net Carrying Amount			13,299
Accumulated Depreciation
Balance at end of the year	14,353
Retail | Oakland Marketplace
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			1,850
Building and Improvements			3,370
Cost Capitalized Subsequent to Acquisition			690
Land			1,850
Building and improvements			4,060
Total			5,910
Accumulated Depreciation	932		932
Net Carrying Amount			4,978
Accumulated Depreciation
Balance at end of the year	932
Retail | Parkway Centre
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			1,372
Building and Improvements			7,864
Cost Capitalized Subsequent to Acquisition			105
Land			1,372
Building and improvements			7,969
Total			9,341
Accumulated Depreciation	470		470
Net Carrying Amount			8,871
Accumulated Depreciation
Balance at end of the year	470
Retail | Parkway Marketplace
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			1,150
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			3,832
Land			1,150
Building and improvements			3,832
Total			4,982
Accumulated Depreciation	2,010		2,010
Net Carrying Amount			2,972
Accumulated Depreciation
Balance at end of the year	2,010
Retail | Patterson Place
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			15,059
Building and Improvements			20,180
Cost Capitalized Subsequent to Acquisition			631
Land			15,059
Building and improvements			20,811
Total			35,870
Accumulated Depreciation	2,638		2,638
Net Carrying Amount			33,232
Accumulated Depreciation
Balance at end of the year	2,638
Retail | Perry Hall Marketplace
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			3,240
Building and Improvements			8,316
Cost Capitalized Subsequent to Acquisition			424
Land			3,240
Building and improvements			8,740
Total			11,980
Accumulated Depreciation	1,555		1,555
Net Carrying Amount			10,425
Accumulated Depreciation
Balance at end of the year	1,555
Retail | Southgate Square
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			8,250
Land			318
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			14,216
Land			318
Building and improvements			14,216
Total			14,534
Accumulated Depreciation	434		434
Net Carrying Amount			14,100
Accumulated Depreciation
Balance at end of the year	434
Retail | Providence Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			9,950
Building and Improvements			12,369
Cost Capitalized Subsequent to Acquisition			1,454
Land			9,950
Building and improvements			13,823
Total			23,773
Accumulated Depreciation	1,904		1,904
Net Carrying Amount			21,869
Accumulated Depreciation
Balance at end of the year	1,904
Retail | Red Mill Commons
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			24,365
Land			44,252
Building and Improvements			30,348
Cost Capitalized Subsequent to Acquisition			98
Land			44,252
Building and improvements			30,446
Total			74,698
Accumulated Depreciation	921		921
Net Carrying Amount			73,777
Accumulated Depreciation
Balance at end of the year	921
Retail | Renaissance Square
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			6,730
Building and Improvements			8,439
Cost Capitalized Subsequent to Acquisition			186
Land			6,730
Building and improvements			8,625
Total			15,355
Accumulated Depreciation	927		927
Net Carrying Amount			14,428
Accumulated Depreciation
Balance at end of the year	927
Retail | Sandbridge Commons
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			8,020
Land			4,825
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			7,332
Land			4,825
Building and improvements			7,332
Total			12,157
Accumulated Depreciation	1,500		1,500
Net Carrying Amount			10,657
Accumulated Depreciation
Balance at end of the year	1,500
Retail | Socastee Commons
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			4,567
Land			2,320
Building and Improvements			5,380
Cost Capitalized Subsequent to Acquisition			147
Land			2,320
Building and improvements			5,527
Total			7,847
Accumulated Depreciation	940		940
Net Carrying Amount			6,907
Accumulated Depreciation
Balance at end of the year	940
Retail | South Retail
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			7,388
Land			190
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			8,123
Land			190
Building and improvements			8,123
Total			8,313
Accumulated Depreciation	4,527		4,527
Net Carrying Amount			3,786
Accumulated Depreciation
Balance at end of the year	4,527
Retail | South Square
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			14,130
Building and Improvements			12,670
Cost Capitalized Subsequent to Acquisition			757
Land			14,130
Building and improvements			13,427
Total			27,557
Accumulated Depreciation	1,966		1,966
Net Carrying Amount			25,591
Accumulated Depreciation
Balance at end of the year	1,966
Retail | Southgate Square
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			20,562
Land			10,238
Building and Improvements			25,950
Cost Capitalized Subsequent to Acquisition			4,352
Land			10,238
Building and improvements			30,302
Total			40,540
Accumulated Depreciation	3,257		3,257
Net Carrying Amount			37,283
Accumulated Depreciation
Balance at end of the year	3,257
Retail | Southshore Shops
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			1,770
Building and Improvements			6,509
Cost Capitalized Subsequent to Acquisition			84
Land			1,770
Building and improvements			6,593
Total			8,363
Accumulated Depreciation	710		710
Net Carrying Amount			7,653
Accumulated Depreciation
Balance at end of the year	710
Retail | Stone House Square
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			6,360
Building and Improvements			16,350
Cost Capitalized Subsequent to Acquisition			561
Land			6,360
Building and improvements			16,911
Total			23,271
Accumulated Depreciation	2,735		2,735
Net Carrying Amount			20,536
Accumulated Depreciation
Balance at end of the year	2,735
Retail | Studio 56 Retail
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			76
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			2,532
Land			76
Building and improvements			2,532
Total			2,608
Accumulated Depreciation	994		994
Net Carrying Amount			1,614
Accumulated Depreciation
Balance at end of the year	994
Retail | Tyre Neck Harris Teeter
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			0
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			3,306
Land			0
Building and improvements			3,306
Total			3,306
Accumulated Depreciation	1,255		1,255
Net Carrying Amount			2,051
Accumulated Depreciation
Balance at end of the year	1,255
Retail | Wendover Village
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			19,893
Building and Improvements			22,638
Cost Capitalized Subsequent to Acquisition			429
Land			19,893
Building and improvements			23,067
Total			42,960
Accumulated Depreciation	2,451		2,451
Net Carrying Amount			40,509
Accumulated Depreciation
Balance at end of the year	2,451
Multifamily residential real estate
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			314,316
Land			26,882
Building and Improvements			154,065
Cost Capitalized Subsequent to Acquisition			331,120
Land			26,882
Building and improvements			485,185
Total			512,067
Accumulated Depreciation	58,238		58,238
Net Carrying Amount			453,829
Accumulated Depreciation
Balance at end of the year	58,238
Multifamily residential real estate | 1405 Point
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			53,000
Land			0
Building and Improvements			95,466
Cost Capitalized Subsequent to Acquisition			2,106
Land			0
Building and improvements			97,572
Total			97,572
Accumulated Depreciation	2,109		2,109
Net Carrying Amount			95,463
Accumulated Depreciation
Balance at end of the year	2,109
Multifamily residential real estate | Encore Apartments
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			24,842
Land			1,293
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			30,322
Land			1,293
Building and improvements			30,322
Total			31,615
Accumulated Depreciation	5,144		5,144
Net Carrying Amount			26,471
Accumulated Depreciation
Balance at end of the year	5,144
Multifamily residential real estate | Greenside Apartments
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			34,000
Land			5,711
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			45,012
Land			5,711
Building and improvements			45,012
Total			50,723
Accumulated Depreciation	1,822		1,822
Net Carrying Amount			48,901
Accumulated Depreciation
Balance at end of the year	1,822
Multifamily residential real estate | Hoffler Place
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			29,059
Land			7,401
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			39,758
Land			7,401
Building and improvements			39,758
Total			47,159
Accumulated Depreciation	486		486
Net Carrying Amount			46,673
Accumulated Depreciation
Balance at end of the year	486
Multifamily residential real estate | Johns Hopkins Village
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			51,800
Land			0
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			69,931
Land			0
Building and improvements			69,931
Total			69,931
Accumulated Depreciation	7,711		7,711
Net Carrying Amount			62,220
Accumulated Depreciation
Balance at end of the year	7,711
Multifamily residential real estate | Liberty Apartments
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			14,165
Land			3,580
Building and Improvements			23,494
Cost Capitalized Subsequent to Acquisition			1,883
Land			3,580
Building and improvements			25,377
Total			28,957
Accumulated Depreciation	5,146		5,146
Net Carrying Amount			23,811
Accumulated Depreciation
Balance at end of the year	5,146
Multifamily residential real estate | Premier Apartments
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			16,750
Land			647
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			29,139
Land			647
Building and improvements			29,139
Total			29,786
Accumulated Depreciation	1,171		1,171
Net Carrying Amount			28,615
Accumulated Depreciation
Balance at end of the year	1,171
Multifamily residential real estate | Smith’s Landing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			18,174
Land			0
Building and Improvements			35,105
Cost Capitalized Subsequent to Acquisition			2,418
Land			0
Building and improvements			37,523
Total			37,523
Accumulated Depreciation	8,002		8,002
Net Carrying Amount			29,521
Accumulated Depreciation
Balance at end of the year	8,002
Multifamily residential real estate | Summit Place
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			28,824
Land			7,265
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			43,674
Land			7,265
Building and improvements			43,674
Total			50,939
Accumulated Depreciation	0		0
Net Carrying Amount			50,939
Accumulated Depreciation
Balance at end of the year	0
Multifamily residential real estate | The Cosmopolitan
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			43,702
Land			985
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			66,877
Land			985
Building and improvements			66,877
Total			67,862
Accumulated Depreciation	26,647		26,647
Net Carrying Amount			41,215
Accumulated Depreciation
Balance at end of the year	26,647
Held for development
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrances			0
Land			5,000
Building and Improvements			0
Cost Capitalized Subsequent to Acquisition			0
Land			5,000
Building and improvements			0
Total			5,000
Accumulated Depreciation	0		0
Net Carrying Amount			$ 5,000
Accumulated Depreciation
Balance at end of the year	$ 0