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Investments in and Advances to Unconsolidated Affiliates - Schedule of Investments (Details) - USD ($)
$ in Thousands
Sep. 30, 2024
Sep. 25, 2024
May 16, 2024
Dec. 31, 2023
Schedule of Equity Method Investments [Line Items]        
Due (to) from Related Parties $ 2,748     $ 1,775
Other [1] 4,368     4,554
Investments in and advances to unconsolidated affiliates 187,363     197,240
Distributions in excess of income from, and investments in, unconsolidated affiliates 7,797     7,982
Related Party        
Schedule of Equity Method Investments [Line Items]        
Due (to) from Related Parties 102     396
Fund V        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage   90.00%    
Shops at Grand - Queens, NY        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage     95.00%  
Core Portfolio        
Schedule of Equity Method Investments [Line Items]        
Equity method investments $ 108,606     101,227
Core Portfolio | Renaissance Portfolio        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage 20.00%      
Equity method investments $ 29,121     30,745
Core Portfolio | Gotham Plaza        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage 49.00%      
Equity method investments $ 30,605     30,772
Core Portfolio | Georgetown Portfolio        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage [2] 50.00%      
Equity method investments [2] $ 4,201     4,230
Core Portfolio | 1238 Wisconsin Avenue        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage [2],[3] 80.00%      
Equity method investments [2],[3] $ 19,020     19,719
Core Portfolio | Crossroads        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage [4] 49.00%      
Distributions in excess of income from, and investments in, unconsolidated affiliates [4] $ 7,797     7,982
Core Portfolio | 840 N. Michigan        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage [5] 91.85%      
Equity method investments [5] $ 25,659     15,761
Investment Management | Fund IV Other Portfolio        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage 90.00%      
Equity method investments $ 5,435     5,221
Investment Management | 650 Bald Hill Road        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage 90.00%      
Equity method investments $ 9,234     9,486
Investment Management | Paramus Plaza        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage 50.00%      
Equity method investments $ 0     70
Investment Management | Fund IV        
Schedule of Equity Method Investments [Line Items]        
Equity method investments $ 14,669     14,777
Investment Management | Fund V Family Center at Riverdale        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage [5] 89.42%      
Equity method investments [5] $ 1,163     2,552
Investment Management | Tri City Plaza        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage 90.00%      
Equity method investments $ 4,747     6,452
Investment Management | Frederick County Acquisitions        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage [6] 90.00%      
Equity method investments [6] $ 5,012     11,345
Investment Management | Wood Ridge Plaza        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage 90.00%      
Equity method investments $ 9,167     10,313
Investment Management | La Frontera Village        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage 90.00%      
Equity method investments $ 13,856     17,483
Investment Management | Shoppes at South Hills        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage 90.00%      
Equity method investments $ 10,355     11,707
Investment Management | Mohawk Commons        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage 90.00%      
Equity method investments $ 12,869     16,434
Investment Management | Fund V        
Schedule of Equity Method Investments [Line Items]        
Equity method investments $ 57,169     76,286
Investment Management | Shops at Grand - Queens, NY        
Schedule of Equity Method Investments [Line Items]        
Equity method investment, ownership percentage 5.00%      
Equity method investments $ 2,449     $ 0
[1] Includes cost-method investment in Fifth Wall.
[2] Represents a variable interest entity (“VIE”) for which the Company is not the primary beneficiary (Note 15).
[3] Includes the amounts advanced against a $12.8 million construction commitment from the Company to the venture that holds its investment in 1238 Wisconsin. As of September 30, 2024 and December 31, 2023 the note receivable from a related party had a balance of $12.8 million, as of each period, net of an allowance for credit losses of $0.2 million and $0.1 million as of September 30, 2024 and December 31, 2023, respectively. The loan is collateralized by the venture members’ equity interest in the entity that holds the 1238 Wisconsin development property, bears interest at Prime + 1.0% subject to a 4.5% floor and matures on December 28, 2024.
[4] Distributions have exceeded the Company’s investment; however, the Company recognizes a liability balance as it may elect to contribute capital to the entity.
[5] Represents a tenancy-in-common interest.
[6] On September 25, 2024 the venture which Fund V holds a 90% interest in sold a 300,000 square foot property in Frederick County, Maryland commonly referred to as Frederick Crossing. Fund V maintains its 90% interest in the venture which retains its interest in the remaining property of the Frederick County Acquisitions portfolio, commonly referred to as Frederick County Square.