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Real Estate Investments and Equity Method Investments - Operating Property Acquisitions (Details)
$ / shares in Units, $ in Thousands
12 Months Ended
Aug. 24, 2021
USD ($)
Jul. 28, 2021
USD ($)
Jun. 28, 2021
USD ($)
Feb. 26, 2021
USD ($)
Oct. 30, 2020
USD ($)
Oct. 01, 2020
USD ($)
shares
Sep. 22, 2020
USD ($)
Jun. 30, 2020
USD ($)
Jun. 26, 2019
USD ($)
May 23, 2019
USD ($)
$ / shares
shares
Apr. 24, 2019
USD ($)
Mar. 14, 2019
USD ($)
Feb. 06, 2019
USD ($)
Dec. 31, 2021
USD ($)
property
Dec. 31, 2020
USD ($)
property
Dec. 31, 2019
USD ($)
Oct. 31, 2020
USD ($)
Real Estate [Line Items]                                  
Notes receivable paydowns                           $ 42,301 $ 16,340 $ 22,522  
Number of operating properties acquired | property                           3 6    
Payment for debt extinguishment fee                           $ 3,417 $ 0 $ 0  
Notional amount                           1,073,587 874,606    
Total notes receivable                           126,429 135,432    
Mezzanine Loan                                  
Real Estate [Line Items]                                  
Notes receivable                           118,946 128,576    
1405 Point                                  
Real Estate [Line Items]                                  
Recognized identifiable assets acquired and liabilities                             101,896    
Nexton Square                                  
Real Estate [Line Items]                                  
Capitalized acquisition costs             $ 200                    
Acquisition, cash consideration             17,900                    
Acquisition, assumption of debt             22,900                    
Recognized identifiable assets acquired and liabilities                           41,371      
Nexton Square | Mezzanine Loan                                  
Real Estate [Line Items]                                  
Notes receivable             $ 16,400                    
Edison Apartments                                  
Real Estate [Line Items]                                  
Recognized identifiable assets acquired and liabilities                           23,746      
The Residences at Annapolis Junction                                  
Real Estate [Line Items]                                  
Recognized identifiable assets acquired and liabilities                           $ 123,654      
Senior Notes         $ 83,400                       $ 84,400
The Residences at Annapolis Junction | SOFR                                  
Real Estate [Line Items]                                  
Stated interest rate, basis spread on variable rate         2.66%                 2.66%      
Delray Beach Plaza                                  
Real Estate [Line Items]                                  
Purchase price       $ 27,600                          
Capitalized acquisition costs       200                          
Recognized identifiable assets acquired and liabilities                           $ 27,765      
Delray Beach Plaza | Mezzanine Loan                                  
Real Estate [Line Items]                                  
Notes receivable paydowns       $ 14,300                          
Notes receivable                           0 $ 14,289    
Hoffler Place                                  
Real Estate [Line Items]                                  
Percentage of ownership interest     0.075                            
Payments to acquire real estate held-for-investment     $ 300                            
Summit Place                                  
Real Estate [Line Items]                                  
Percentage of ownership interest     0.10                            
Acquisition, cash consideration     $ 500                            
Overlook Village                                  
Real Estate [Line Items]                                  
Recognized identifiable assets acquired and liabilities                           28,362      
Overlook Village | Overlook Village                                  
Real Estate [Line Items]                                  
Capitalized acquisition costs   $ 100                              
Consideration transferred   $ 28,300                              
Greenbrier Square                                  
Real Estate [Line Items]                                  
Purchase price $ 36,500                                
Capitalized acquisition costs 300                                
Loans payable 20,000                                
Acquisition, assumption of debt $ 20,000                                
Recognized identifiable assets acquired and liabilities                           $ 36,777      
Wendover Village                                  
Real Estate [Line Items]                                  
Purchase price                         $ 2,700        
Capitalized acquisition costs                         $ 100        
Durham City Center                                  
Real Estate [Line Items]                                  
Purchase price                       $ 23,000          
Acquisition, cash consideration                       23,200          
Capitalized acquisition costs                       $ 100          
1405 Point                                  
Real Estate [Line Items]                                  
Acquisition, cash consideration                     $ 300            
Loans payable                     64,900            
Interest acquired               21.00%                  
Remaining lease term               42 years                  
Acquisition, assumption of debt               $ 6,100                  
Capitalized acquisition costs                     $ 100            
Option to acquire additional interest                     79.00%            
Total notes receivable                     $ 31,300            
Loans payable, fair value disclosure                     $ 65,800            
Thames Street Wharf                                  
Real Estate [Line Items]                                  
Acquisition, cash consideration                 $ 101,000                
Capitalized acquisition costs                 $ 300                
Edison Apartments | Richmond, Virginia                                  
Real Estate [Line Items]                                  
Acquisition, assumption of debt           $ 16,400                      
Acquisition, common units/shares issued (in shares) | shares           633,734                      
Recognized identifiable assets acquired and liabilities           $ 1,100                      
The Residences at Annapolis Junction                                  
Real Estate [Line Items]                                  
Interest acquired         79.00%                        
Payment for debt extinguishment fee         $ 200                        
Senior Notes         83,400                        
Short-term debt, refinanced, amount         84,400                        
The Residences at Annapolis Junction | Interest rate caps                                  
Real Estate [Line Items]                                  
Notional amount         $ 100                        
The Residences at Annapolis Junction | SOFR                                  
Real Estate [Line Items]                                  
Stated interest rate, basis spread on variable rate         2.66%                        
Derivative, variable interest rate         1.84%                        
Office And Retail Portions | Durham City Center II LLC                                  
Real Estate [Line Items]                                  
Interests in equity method investments                       37.00%          
Operating Partnership | Red Mill Commons And Marketplace At Hilltop                                  
Real Estate [Line Items]                                  
Purchase price                   $ 105,000              
Acquisition, cash consideration                   4,500              
Acquisition, assumption of debt                   $ 35,700              
Acquisition, common units/shares issued (in shares) | shares                   4,100,000              
Capitalized acquisition costs                   $ 1,100              
Business acquisition, share price | $ / shares                   $ 15.55              
Future sale period for properties in limited number of cases                   10 years              
Consideration transferred, adjusted amount                   $ 109,300              
Equity interests, adjusted amount                   68,100              
Liabilities incurred, adjusted amount                   $ 35,600              
Share price, adjusted amount | $ / shares                   $ 16.50