XML 50 R40.htm IDEA: XBRL DOCUMENT v3.22.2.2
Real Estate Investment - Property Acquisitions and Dispositions (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Jul. 26, 2022
USD ($)
Jul. 22, 2022
USD ($)
Jun. 29, 2022
USD ($)
Apr. 25, 2022
USD ($)
Apr. 01, 2022
USD ($)
Jan. 14, 2022
USD ($)
Dec. 31, 2021
USD ($)
Sep. 30, 2022
USD ($)
property
Sep. 30, 2021
USD ($)
Apr. 11, 2022
Jan. 11, 2022
Real Estate Properties [Line Items]                      
Acquisitions of real estate investments, net of cash received               $ 93,389 $ 73,569    
Number of operating properties acquired | property               2      
Dispositions of real estate investments, net of selling costs               $ 251,492 $ 12,583    
Hoffler Place and Summit Place | Hoffler Place and Summit Place Disposal Group                      
Real Estate Properties [Line Items]                      
Impairment of real estate             $ 18,300        
Minimum | Interest rate caps                      
Real Estate Properties [Line Items]                      
Strike Rate               1.00%      
Maximum | Interest rate caps                      
Real Estate Properties [Line Items]                      
Strike Rate               3.00%      
The Residences At Annapolis Junction                      
Real Estate Properties [Line Items]                      
Interests in equity method investments                   95.00%  
Ten Tryon project                      
Real Estate Properties [Line Items]                      
Percentage of voting interests acquired           20.00%          
Cash payment           $ 3,900          
The Residences At Annapolis Junction                      
Real Estate Properties [Line Items]                      
Percentage of voting interests acquired                   16.00%  
The Residences At Annapolis Junction | Disposed of by Sale                      
Real Estate Properties [Line Items]                      
Dispositions of real estate investments, net of selling costs   $ 150,000                  
Loss on sales of investment real estate   31,500                  
The Residences At Annapolis Junction | Disposed of by Sale | Noncontrolling interests in Operating Partnership                      
Real Estate Properties [Line Items]                      
Loss on sales of investment real estate   $ 5,400                  
Hoffler Place | Disposed of by Sale                      
Real Estate Properties [Line Items]                      
Dispositions of real estate investments, net of selling costs         $ 43,100            
Loss on sales of investment real estate         $ 800            
Summit Place                      
Real Estate Properties [Line Items]                      
Dispositions of real estate investments, net of selling costs       $ 37,800              
Summit Place | Disposed of by Sale                      
Real Estate Properties [Line Items]                      
Loss on sales of investment real estate       $ 500              
North Point | Disposed of by Sale                      
Real Estate Properties [Line Items]                      
Dispositions of real estate investments, net of selling costs     $ 23,900                
Loss on sales of investment real estate     $ 20,900                
Sandbridge Commons | Disposed of by Sale                      
Real Estate Properties [Line Items]                      
Dispositions of real estate investments, net of selling costs $ 3,500                    
Loss on sales of investment real estate $ 2,400                    
BSBY | Interest rate caps | Not designated as accounting hedges                      
Real Estate Properties [Line Items]                      
Strike Rate                     4.00%
Constellation Energy Building                      
Real Estate Properties [Line Items]                      
Percentage of membership interest acquired           79.00%          
Percentage of economic interest acquired           11.00%          
Acquisitions of real estate investments, net of cash received           $ 92,200          
Loan issued to seller           12,800          
Liabilities incurred           156,100          
Debt instrument, face amount           $ 175,000          
Constellation Energy Building | BSBY                      
Real Estate Properties [Line Items]                      
Stated interest rate, basis spread on variable rate           1.50%          
Constellation Energy Building | BSBY | Interest rate caps | Not designated as accounting hedges                      
Real Estate Properties [Line Items]                      
Strike Rate           4.00%          
Constellation Energy Building | BSBY | Minimum | Interest rate caps | Not designated as accounting hedges                      
Real Estate Properties [Line Items]                      
Strike Rate           1.00%          
Constellation Energy Building | BSBY | Maximum | Interest rate caps | Not designated as accounting hedges                      
Real Estate Properties [Line Items]                      
Strike Rate           3.00%