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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Rental revenues $ 256,697 $ 238,924 $ 219,294
Revenue, Product and Service [Extensible List] Real Estate [Member] Real Estate [Member] Real Estate [Member]
General contracting and real estate services revenues $ 433,177 $ 413,131 $ 234,859
Interest income 18,596 15,103 16,978
Total revenues 708,470 667,158 471,131
Expenses      
Rental expenses 62,410 56,419 50,742
Real estate taxes 23,308 22,442 22,057
General contracting and real estate services expenses 419,302 399,713 227,158
Depreciation and amortization 90,962 97,427 74,084
General and administrative expenses 20,225 18,122 15,691
Acquisition, development, and other pursuit costs 5,531 84 37
Impairment charges 1,494 102 416
Total expenses 623,232 594,309 390,185
Gain on real estate dispositions, net 21,305 738 53,466
Operating Income 106,543 73,587 134,412
Interest expense (78,965) (57,810) (39,680)
Loss on extinguishment of debt (247) 0 (3,374)
Equity in income of unconsolidated real estate entities 245 0 0
Change in fair value of derivatives and other 14,251 (6,242) 8,698
Unrealized credit loss (provision) release (156) (574) (626)
Other (expense) income, net 209 31 378
Income before taxes 41,880 8,992 99,808
Income tax benefit (provision) 614 (1,329) 145
Net income 42,494 7,663 99,953
Net loss (income) attributable to noncontrolling interests:      
Investment entities (43) (605) (5,948)
Operating Partnership (6,806) 1,229 (19,258)
Net income attributable to Armada Hoffler Properties, Inc. 35,645 8,287 74,747
Preferred stock dividends (11,548) (11,548) (11,548)
Net income (loss) attributable to common stockholders $ 24,097 $ (3,261) $ 63,199
Net income (loss) attributable to common stockholders per share (basic)(in dollars per share) $ 0.34 $ (0.05) $ 0.94
Net income (loss) attributable to common stockholders per share (diluted)(in dollars per share) $ 0.34 $ (0.05) $ 0.94
Weighted-average common shares outstanding (basic) (in shares) 70,662 67,692 67,576
Weighted-average common shares outstanding (diluted) (in shares) 70,662 67,692 67,576
Comprehensive income:      
Net income $ 42,494 $ 7,663 $ 99,953
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax 4,322 6,879 20,165
Realized cash flow hedge gains reclassified to net income (7,289) (20,047) (800)
Comprehensive income (loss) 39,527 (5,505) 119,318
Comprehensive income (loss) attributable to Armada Hoffler Properties, Inc. 33,477 (1,486) 89,460
Investment entities      
Expenses      
Net income 43 605 5,948
Comprehensive income:      
Net income 43 605 5,948
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax 29 315 148
Realized cash flow hedge gains reclassified to net income (68) (598) 7
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest (3) (322) (6,103)
Operating Partnership      
Expenses      
Net income 6,806 (1,229) 19,258
Comprehensive income:      
Net income 6,806 (1,229) 19,258
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax 971 1,538 4,684
Realized cash flow hedge gains reclassified to net income (1,730) (4,650) (187)
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest $ (6,047) $ 4,341 $ (23,755)