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Condensed Consolidated Statements of Comprehensive (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues        
Rental revenues $ 65,147 $ 63,265 $ 128,948 $ 125,146
Revenue, Product and Service [Extensible List] Real Estate [Member] Real Estate [Member]    
General contracting and real estate services revenues $ 31,976 $ 116,839 78,590 243,814
Interest income 4,140 4,632 8,368 9,258
Total revenues 101,263 184,736 215,906 378,218
Expenses        
Rental expenses 16,077 15,087 31,701 29,692
Real estate taxes 6,590 5,886 12,527 11,811
General contracting and real estate services expenses 30,592 112,500 75,842 235,398
Depreciation and amortization 21,752 21,183 44,968 42,013
General and administrative expenses 5,998 4,503 13,384 10,377
Acquisition, development, and other pursuit costs 286 5,528 340 5,528
Impairment charges 0 1,494 0 1,494
Total expenses 81,295 166,181 178,762 336,313
Operating income 19,968 18,555 37,144 41,905
Interest expense (21,271) (21,227) (39,380) (39,202)
Equity in loss of unconsolidated real estate entities (322) 0 (2,235) 0
Gain on consolidation of real estate entities 6,915 0 6,915 0
Change in fair value of derivatives and other 648 4,398 (562) 17,286
Unrealized credit loss release 209 228 187 145
Other income (expense), net 3 79 (72) 158
Income before taxes 6,150 2,033 1,997 20,292
Income tax benefit 567 1,246 377 712
Net income 6,717 3,279 2,374 21,004
Net loss (income) attributable to noncontrolling interests:        
Investment entities 77 (17) 80 (51)
Operating Partnership (845) (90) 690 (3,708)
Net income attributable to Armada Hoffler Properties, Inc. 5,949 3,172 3,144 17,245
Preferred stock dividends (2,887) (2,887) (5,774) (5,774)
Net income (loss) attributable to common stockholders $ 3,062 $ 285 $ (2,630) $ 11,471
Net income (loss) attributable to common stockholders per share (basic) (in dollars per share) $ 0.04 $ 0 $ (0.03) $ 0.17
Net income (loss) attributable to common stockholders per share (diluted) (in dollars per share) $ 0.04 $ 0 $ (0.03) $ 0.17
Weighted-average common shares outstanding (basic) (in shares) 80,154 67,106 80,073 66,972
Weighted-average common shares outstanding (diluted) (in shares) 80,154 67,106 80,073 66,972
Comprehensive (loss) income:        
Net income $ 6,717 $ 3,279 $ 2,374 $ 21,004
Unrealized cash flow hedge (losses) gains (366) 984 (1,416) 4,538
Realized cash flow hedge gains reclassified to net income (loss) (311) (1,398) (624) (5,040)
Comprehensive income 6,040 2,865 334 20,502
Comprehensive income attributable to Armada Hoffler Properties, Inc. 5,397 2,859 1,486 16,895
Investment entities        
Expenses        
Net income (77) 17    
Comprehensive (loss) income:        
Net income (77) 17    
Realized cash flow hedge gains reclassified to net income (loss) 30      
Comprehensive loss (income) attributable to noncontrolling interests: 50 (17) 12 (12)
Operating Partnership        
Expenses        
Net income 845 90    
Comprehensive (loss) income:        
Net income 845 90    
Unrealized cash flow hedge (losses) gains (79) 241    
Realized cash flow hedge gains reclassified to net income (loss) (76) (342)    
Comprehensive loss (income) attributable to noncontrolling interests: $ (693) $ 11 $ 1,140 $ (3,595)