Subsequent Events	12 Months Ended
Dec. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events The Company has evaluated subsequent events through the date on which this Form 10-K was filed, the date on which these financial statements were issued, and identified the items below for discussion. Real Estate On January 14, 2022, the Company acquired a 79% membership interest and an additional 11% economic interest in the mixed-use property known as the Exelon Building for a purchase price of approximately $92.2 million in cash and a loan to the seller of $12.8 million. The Exelon Building was subject to a $156.1 million loan, which the Company immediately refinanced following the acquisition with a new $175.0 million loan. The new loan bears interest at a rate of BSBY plus a spread of 1.50% and will mature on November 1, 2026. On January 14, 2022, the Company acquired remaining 20% ownership interest in the partnership that is developing the Ten Tryon project in Charlotte, North Carolina for a cash payment of $3.9 million. On February 17, 2022 the due diligence period associated with a purchase and sale agreement for Hoffler Place expired, and the buyer's deposit became non-refundable. Notes Receivable During February 2022, the Company received $13.5 million as a partial repayment for the Interlock Commercial mezzanine loan. Indebtedness On January 4, 2022, the Company borrowed $25.0 million under the revolving credit facility. On January 5, 2022, the Company contributed $2.6 million to the Harbor Point Parcel 3 joint venture in order to meet the lender's equity funding requirement since the $15.0 million standby letter of credit expired on January 4, 2022. On January 14, 2022, the Company borrowed $50.0 million under the revolving credit facility to fund the acquisition of the Exelon Building. On January 19, 2022, the Company paid off the $14.1 million balance of the loan associated secured by the Delray Beach Plaza shopping center. In January 2022, the Company borrowed $8.6 million on its construction loans to fund development activities. On February 18, the Company paid down the revolving credit facility by $22.0 million. Borrowings under the revolving credit facility were $58.0 million on February 18, 2022. Derivative Financial Instruments On January 11, 2022, the Company entered in to a BSBY interest rate cap agreement on a notional amount of $175.0 million at a strike rate of 4.00% for a premium of $0.2 million. The interest rate cap will expire on February 1, 2024. Equity On January 1, 2022, due to the holders of Class A Units tendering an aggregate of 12,149 Class A Units for redemption by the Operating Partnership, the Company elected to satisfy the redemption requests through the issuance of an equal number of shares of common stock. On January 6, 2022, the Company paid cash dividends of $10.7 million to common stockholders and the Operating Partnership paid cash distributions of $3.5 million to holders of Class A Units. These dividends and distributions were declared and accrued as of December 31, 2021. On January 11, 2022, the Company completed an underwritten public offering of 4,025,000 shares of common stock, which were purchased from the Company at a purchase price of $14.45 per share of common stock, which resulted in net proceeds after offering costs of $58.0 million. On January 14, 2022, the Company paid cash dividends of $2.9 million to the holders of the Series A Preferred Stock. These dividends were declared and accrued as of December 31, 2021. On February 23, 2022, the Company announced that its board of directors declared a cash dividend of $0.17 per common share for the first quarter of 2022. The first quarter dividend will be payable in cash on April 7, 2022 to stockholders of record on March 30, 2022. On February 23, 2022, the Company announced that its board of directors declared a cash dividend of $0.421875 per share of Series A Preferred Stock for the first quarter of 2022. The dividend will be payable in cash on April 15, 2022 to stockholders of record on April 1, 2022.

The Company has evaluated subsequent events through the date on which this Form 10-K was filed, the date on which these financial statements were issued, and identified the items below for discussion.

On January 14, 2022, the Company acquired a 79% membership interest and an additional 11% economic interest in the mixed-use property known as the Exelon Building for a purchase price of approximately $92.2 million in cash and a loan to the seller of $12.8 million. The Exelon Building was subject to a $156.1 million loan, which the Company immediately refinanced following the acquisition with a new $175.0 million loan. The new loan bears interest at a rate of BSBY plus a spread of 1.50% and will mature on November 1, 2026.

On January 14, 2022, the Company acquired remaining 20% ownership interest in the partnership that is developing the Ten Tryon project in Charlotte, North Carolina for a cash payment of $3.9 million.

On February 17, 2022 the due diligence period associated with a purchase and sale agreement for Hoffler Place expired, and the buyer's deposit became non-refundable.

During February 2022, the Company received $13.5 million as a partial repayment for the Interlock Commercial mezzanine loan.

On January 5, 2022, the Company contributed $2.6 million to the Harbor Point Parcel 3 joint venture in order to meet the lender's equity funding requirement since the $15.0 million standby letter of credit expired on January 4, 2022.

On January 14, 2022, the Company borrowed $50.0 million under the revolving credit facility to fund the acquisition of the Exelon Building.

On January 19, 2022, the Company paid off the $14.1 million balance of the loan associated secured by the Delray Beach Plaza shopping center.

In January 2022, the Company borrowed $8.6 million on its construction loans to fund development activities.

On January 11, 2022, the Company entered in to a BSBY interest rate cap agreement on a notional amount of $175.0 million at a strike rate of 4.00% for a premium of $0.2 million. The interest rate cap will expire on February 1, 2024.

On January 1, 2022, due to the holders of Class A Units tendering an aggregate of 12,149 Class A Units for redemption by the Operating Partnership, the Company elected to satisfy the redemption requests through the issuance of an equal number of shares of common stock.

On January 6, 2022, the Company paid cash dividends of $10.7 million to common stockholders and the Operating Partnership paid cash distributions of $3.5 million to holders of Class A Units. These dividends and distributions were declared and accrued as of December 31, 2021.

On January 11, 2022, the Company completed an underwritten public offering of 4,025,000 shares of common stock, which were purchased from the Company at a purchase price of $14.45 per share of common stock, which resulted in net proceeds after offering costs of $58.0 million.

On January 14, 2022, the Company paid cash dividends of $2.9 million to the holders of the Series A Preferred Stock. These dividends were declared and accrued as of December 31, 2021.

On February 23, 2022, the Company announced that its board of directors declared a cash dividend of $0.17 per common share for the first quarter of 2022. The first quarter dividend will be payable in cash on April 7, 2022 to stockholders of record on March 30, 2022.