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Real Estate Investments and Equity Method Investments - Operating Property Acquisitions (Details)
ft² in Thousands, $ in Thousands
1 Months Ended 12 Months Ended
Nov. 04, 2022
USD ($)
ft²
Jan. 14, 2022
USD ($)
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 ($)
Jun. 30, 2020
USD ($)
Dec. 31, 2022
USD ($)
property
Dec. 31, 2021
USD ($)
property
Dec. 31, 2020
USD ($)
property
Apr. 11, 2022
Jan. 11, 2022
USD ($)
Real Estate [Line Items]                              
Number of operating properties acquired | property                     3 3 3    
Notes receivable paydowns                     $ 35,848 $ 42,301 $ 16,340    
Payment for debt extinguishment fee                     0 3,417 0    
Notional amount                     1,288,349 1,073,587      
Mezzanine Loan                              
Real Estate [Line Items]                              
Notes receivable                     112,284 118,946      
Delray Beach Plaza                              
Real Estate [Line Items]                              
Capitalized acquisition costs           $ 200                  
Purchase price           27,600                  
Recognized identifiable assets acquired and liabilities                       27,765      
Delray Beach Plaza | Mezzanine Loan                              
Real Estate [Line Items]                              
Notes receivable paydowns           $ 14,300                  
Hoffler Place                              
Real Estate [Line Items]                              
Payments to acquire real estate held-for-investment         $ 300                    
Percentage of ownership interest         0.075                    
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      
Greenbrier Square                              
Real Estate [Line Items]                              
Capitalized acquisition costs     $ 300                        
Purchase price     36,500                        
Loans payable     20,000                        
Acquisition, assumption of debt     $ 20,000                        
Recognized identifiable assets acquired and liabilities                       36,777      
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            
1405 Point                              
Real Estate [Line Items]                              
Interest acquired                   21.00%          
Remaining lease term                   42 years          
Acquisition, assumption of debt                   $ 6,100          
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%             16.00%  
Payment for debt extinguishment fee             $ 200                
Senior notes             83,400                
Short-term debt, refinanced, amount             84,400                
Interest rate caps                              
Real Estate [Line Items]                              
Notional amount                     907,516        
Interest rate caps | The Residences at Annapolis Junction                              
Real Estate [Line Items]                              
Notional amount             $ 100                
Not Designated as Hedging Instrument                              
Real Estate [Line Items]                              
Notional amount                     539,479 449,579      
Not Designated as Hedging Instrument | Interest rate caps                              
Real Estate [Line Items]                              
Notional amount                     $ 289,479 $ 399,579      
Minimum | Interest rate caps                              
Real Estate [Line Items]                              
Interest rate cap                     1.00%        
Maximum | Interest rate caps                              
Real Estate [Line Items]                              
Interest rate cap                     3.00%        
Bloomberg Short-Term Bank Yield | Not Designated as Hedging Instrument | Interest rate caps                              
Real Estate [Line Items]                              
Interest rate cap                             4.00%
Notional amount                             $ 175,000
SOFR | The Residences at Annapolis Junction                              
Real Estate [Line Items]                              
Stated interest rate, basis spread on variable rate             2.66%                
Derivative, variable interest rate             1.84%                
Constellation Energy Building                              
Real Estate [Line Items]                              
Membership interest acquired   79.00%                          
Economic interest acquired   11.00%                          
Payments to acquire real estate held-for-investment   $ 92,200                          
Loan issued to seller   12,800                          
Acquisition, assumption of debt   156,100                          
Debt, face value   $ 175,000                          
Constellation Energy Building | Not Designated as Hedging Instrument | Interest rate caps                              
Real Estate [Line Items]                              
Interest rate cap   4.00%                          
Constellation Energy Building | Bloomberg Short-Term Bank Yield                              
Real Estate [Line Items]                              
Stated interest rate, basis spread on variable rate   1.50%                          
Constellation Energy Building | Bloomberg Short-Term Bank Yield | Minimum | Not Designated as Hedging Instrument | Interest rate caps                              
Real Estate [Line Items]                              
Derivative, variable interest rate   1.00%                          
Constellation Energy Building | Bloomberg Short-Term Bank Yield | Maximum | Not Designated as Hedging Instrument | Interest rate caps                              
Real Estate [Line Items]                              
Derivative, variable interest rate   3.00%                          
Pembroke Square | Grocery-Anchored Shopping Center                              
Real Estate [Line Items]                              
Payments to acquire real estate held-for-investment $ 26,500                            
Area of real estate property (in sqft) | ft² 124                            
Capitalized acquisition costs $ 200                            
Overlook Village | Overlook Village                              
Real Estate [Line Items]                              
Capitalized acquisition costs       $ 100                      
Consideration transferred       $ 28,300