XML 60 R46.htm IDEA: XBRL DOCUMENT v3.8.0.1
Mortgage Notes Payable, Revolving Credit Facility, Interest Expense and Amortization of Deferred Debt Costs - Additional Information (Detail) - USD ($)
1 Months Ended 3 Months Ended 12 Months Ended
Nov. 20, 2017
Aug. 14, 2017
Jan. 18, 2017
Apr. 01, 2015
Mar. 03, 2015
Sep. 30, 2017
Dec. 31, 2021
Dec. 31, 2017
Sep. 01, 2017
Dec. 31, 2016
Nov. 30, 2016
Dec. 31, 2015
Debt Instrument [Line Items]                        
Outstanding debt               $ 965,500,000        
Fixed rate mortgages               897,888,000   $ 783,400,000    
Principal amount               965,528,000   907,800,000    
Debt outstanding with fixed-rate                   844,300,000    
Debt outstanding with variable-rate                   63,500,000    
Remaining loan balance               284,627,000        
Capitalization of debt issuance cost               2,600,000   100,000   $ 300,000
3.69% Due March 2030 | Shops at Fairfax and Boulevard                        
Debt Instrument [Line Items]                        
Loan term         15 years              
Loan amount         $ 30,000,000              
Loan fixed interest rate         3.69%              
Loan required periodic principal and interest payment         $ 153,300              
Amortization schedule         25 years              
Balloon payment to be paid         $ 15,500,000              
3.99% Due April 2030 | Northrock                        
Debt Instrument [Line Items]                        
Loan term       15 years                
Loan amount       $ 16,000,000                
Loan fixed interest rate       3.99%                
Mortgage Notes Payable                        
Debt Instrument [Line Items]                        
Guarantor obligations, maximum exposure               $ 51,000,000   51,000,000    
Revolving Credit Facility | Line of Credit                        
Debt Instrument [Line Items]                        
Extension in line of credit facility period               1 year        
Available borrowing capacity               $ 213,800,000        
Outstanding line of credit               61,000,000        
Letter of credit available borrowing capacity               $ 185,000        
Interest rate spread on LIBOR               1.45%        
Revolving Credit Facility | Line of Credit | Minimum                        
Debt Instrument [Line Items]                        
Interest rate spread on LIBOR               1.45%        
Revolving Credit Facility | Line of Credit | Maximum                        
Debt Instrument [Line Items]                        
Interest rate spread on LIBOR               2.00%        
Fixed rate mortgage notes payable                        
Debt Instrument [Line Items]                        
Fixed rate mortgages               $ 890,393,000   844,292,000    
Fixed rate mortgage notes payable | Shops at Fairfax and Boulevard                        
Debt Instrument [Line Items]                        
Remaining loan balance         $ 15,200,000              
Fixed rate mortgage notes payable | Northrock                        
Debt Instrument [Line Items]                        
Remaining loan balance       $ 14,500,000                
Fixed rate mortgage notes payable | Washington Square                        
Debt Instrument [Line Items]                        
Remaining loan balance $ 28,100,000                      
Fixed rate mortgage notes payable | 3.69% Due March 2030                        
Debt Instrument [Line Items]                        
Fixed rate mortgages               27,884,000   28,679,000    
Fixed rate mortgage notes payable | 3.99% Due April 2030                        
Debt Instrument [Line Items]                        
Fixed rate mortgages               14,950,000   15,357,000    
Fixed rate mortgage notes payable | 3.99% Due April 2030 | Northrock                        
Debt Instrument [Line Items]                        
Loan required periodic principal and interest payment       $ 84,400                
Amortization schedule       25 years                
Balloon payment to be paid       $ 8,400,000                
Fixed rate mortgage notes payable | 3.51% due June 2028                        
Debt Instrument [Line Items]                        
Fixed rate mortgages               39,968,000   41,753,000    
Fixed rate mortgage notes payable | 3.51% due June 2028 | Beacon Center                        
Debt Instrument [Line Items]                        
Loan amount                     $ 11,250,000.00  
Loan required periodic principal and interest payment               268,500        
Fixed rate mortgage notes payable | 3.39% due January 2032                        
Debt Instrument [Line Items]                        
Fixed rate mortgages               39,140,000   0    
Fixed rate mortgage notes payable | 4.88% due September 2032                        
Debt Instrument [Line Items]                        
Fixed rate mortgages               71,211,000   70,144,000    
Fixed rate mortgage notes payable | 3.75% due December 2032                        
Debt Instrument [Line Items]                        
Fixed rate mortgages               60,000,000   0    
Variable rate loans payable                        
Debt Instrument [Line Items]                        
Variable rate debt               $ 75,135,000   63,482,000    
Interest rate spread on LIBOR               2.86%        
Variable rate loans payable | Revolving Credit Facility | Line of Credit                        
Debt Instrument [Line Items]                        
Line of credit facility, maximum borrowing capacity               $ 275,000,000        
Metro Pike Center Bank Loan | Fixed rate mortgage notes payable                        
Debt Instrument [Line Items]                        
Guarantor obligations, maximum exposure               7,800,000        
Remaining loan balance               14,100,000        
Kentlands Square II Bank Loan | Fixed rate mortgage notes payable                        
Debt Instrument [Line Items]                        
Guarantor obligations, maximum exposure               9,200,000        
Remaining loan balance               36,500,000        
Burtonsville Fixed Rate Mortgage | 3.39% due January 2032                        
Debt Instrument [Line Items]                        
Loan term     15 years                  
Loan amount     $ 40,000,000                  
Loan fixed interest rate     3.39%                  
Loan required periodic principal and interest payment     $ 197,900                  
Amortization schedule     25 years                  
Balloon payment to be paid     $ 20,300,000                  
Glebe Road Construction Loan | 4.67% Construction To Permanent Loan Due 2035                        
Debt Instrument [Line Items]                        
Loan amount   $ 157,000,000.0                    
Loan fixed interest rate   4.67%                    
Amortization schedule   25 years                    
Park Van Ness Loan | Fixed rate mortgage notes payable                        
Debt Instrument [Line Items]                        
Guarantor obligations, maximum exposure               53,700,000        
Remaining loan balance               71,200,000        
Park Van Ness Loan | 4.88% due September 2032                        
Debt Instrument [Line Items]                        
Fixed rate mortgages                 $ 71,600,000      
Loan fixed interest rate                 4.88%      
Loan required periodic principal and interest payment           $ 413,460            
Amortization schedule           25 years            
Balloon payment to be paid           $ 39,600,000            
Washington Square 2017 Mortgage | 3.75% due December 2032                        
Debt Instrument [Line Items]                        
Loan term 15 years                      
Loan amount $ 60,000,000                      
Loan fixed interest rate 3.75%                      
Loan required periodic principal and interest payment $ 308,500                      
Amortization schedule 25 years                      
Balloon payment to be paid $ 31,100,000                      
Debt Covenant                        
Debt Instrument [Line Items]                        
Carrying value of properties collateralized               $ 1,000,000,000   $ 957,200,000    
Debt covenant, percentage of net proceeds of additional equity issuance               80.00%        
Credit agreement leverage ratio               60.00%        
Interest coverage ratio required minimum               2.0        
Required fixed charge coverage ratio               1.3        
Debt Covenant | Minimum                        
Debt Instrument [Line Items]                        
Debt covenant required net assets               $ 542,100,000        
Scenario, Forecast | Glebe Road Construction Loan | 4.67% Construction To Permanent Loan Due 2035                        
Debt Instrument [Line Items]                        
Loan required periodic principal and interest payment             $ 887,900