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Subsequent Events (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended
Apr. 25, 2022
Apr. 11, 2022
Apr. 07, 2022
Apr. 01, 2022
Apr. 30, 2022
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Subsequent Event [Line Items]                  
Dispositions of real estate investments, net of selling costs           $ 0 $ 9,156    
Notional amount           1,048,100     $ 1,073,587
Harbor Point Parcel 4 | Forecast                  
Subsequent Event [Line Items]                  
Maximum commitment               $ 74,000  
Construction loans                  
Subsequent Event [Line Items]                  
Borrowings under construction loans           $ 14,200      
Subsequent Event | Interest rate caps                  
Subsequent Event [Line Items]                  
Notional amount     $ 175,000            
Cap rate purchased, interest rate     1.00%            
Derivative premium paid     $ 3,600            
Subsequent Event | Interest Rate Cap Two                  
Subsequent Event [Line Items]                  
Cap rate sold, interest rate     3.00%            
Subsequent Event | Annapolis Junction Apartments                  
Subsequent Event [Line Items]                  
Percentage of voting interests acquired   16.00%              
Subsequent Event | Harbor Point Parcel 4                  
Subsequent Event [Line Items]                  
Interests in equity method investments       90.00%          
Subsequent Event | Annapolis Junction Apartments                  
Subsequent Event [Line Items]                  
Interests in equity method investments   95.00%              
Subsequent Event | Hoffler Place | Disposed of by Sale                  
Subsequent Event [Line Items]                  
Dispositions of real estate investments, net of selling costs       $ 43,100          
Subsequent Event | Summit Place                  
Subsequent Event [Line Items]                  
Dispositions of real estate investments, net of selling costs $ 37,800                
Subsequent Event | Gainesville Apartments | Co-venturer                  
Subsequent Event [Line Items]                  
Earn out payment   $ 1,100              
Subsequent Event | Revolving Credit Facility                  
Subsequent Event [Line Items]                  
Borrowings under credit facility         $ 15,000        
Subsequent Event | Construction loans                  
Subsequent Event [Line Items]                  
Borrowings under construction loans         $ 1,300        
Subsequent Event | Construction loans | Harbor Point Parcel 3                  
Subsequent Event [Line Items]                  
Debt instrument, face amount 161,500                
Subsequent Event | Construction loans | Harbor Point Parcel 4                  
Subsequent Event [Line Items]                  
Debt instrument, face amount $ 109,700                
Subsequent Event | Secured Debt | Wills Wharf, Baltimore, Maryland                  
Subsequent Event [Line Items]                  
Actual leased property percentage         70.00%        
Restricted cash         $ 4,300        
Subsequent Event | Secured Debt | Wills Wharf, Baltimore, Maryland | Minimum                  
Subsequent Event [Line Items]                  
Required lease property percentage         75.00%