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Condensed Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue, Product and Service [Extensible List] us-gaap:RealEstateMember  
Revenues    
Rental revenues $ 45,741 $ 42,289
General contracting and real estate services revenues 35,563 47,268
Total revenues 81,304 89,557
Expenses    
Rental expenses 10,832 9,375
Real estate taxes 5,306 4,333
General contracting and real estate services expenses 34,275 45,550
Depreciation and amortization 18,066 14,279
Amortization of right-of-use assets - finance leases 189 147
General and administrative expenses 4,021 3,793
Acquisition, development and other pursuit costs 71 27
Impairment charges 3,039 158
Total expenses 75,799 77,662
Gain on real estate dispositions 3,717 0
Operating income 9,222 11,895
Interest income 4,116 7,226
Interest expense on indebtedness (7,613) (7,959)
Interest expense on finance leases (362) (229)
Change in fair value of derivatives and other 393 (1,736)
Unrealized credit loss release (provision) 55 (377)
Other income (expense), net 179 58
Income before taxes 5,990 8,878
Income tax benefit 19 257
Net income 6,009 9,135
Net (income) loss attributable to noncontrolling interests:    
Investment entities 0 92
Operating Partnership (811) (2,235)
Net income attributable to Armada Hoffler Properties, Inc. 5,198 6,992
Preferred stock dividends (2,887) (1,067)
Net income attributable to common stockholders $ 2,311 $ 5,925
Net income attributable to common stockholders per share (basic and diluted) (in dollars per share) $ 0.04 $ 0.11
Weighted-average common shares outstanding (basic and diluted) (in shares) 59,422 56,398
Comprehensive income:    
Net income $ 6,009 $ 9,135
Unrealized cash flow hedge gains (losses) 2,276 (7,489)
Realized cash flow hedge losses reclassified to net income 1,078 392
Comprehensive income 9,363 2,038
Comprehensive income attributable to Armada Hoffler Properties, Inc. 7,681 1,839
Noncontrolling interests in investment entities    
Expenses    
Net income   (92)
Comprehensive income:    
Net income   (92)
Comprehensive (income) loss attributable to noncontrolling interests: 0 92
Noncontrolling interests in Operating Partnership    
Expenses    
Net income 811 2,235
Comprehensive income:    
Net income 811 2,235
Unrealized cash flow hedge gains (losses) 591 (2,051)
Realized cash flow hedge losses reclassified to net income 280 107
Comprehensive (income) loss attributable to noncontrolling interests: $ (1,682) $ (291)