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Real Estate (Tables)
12 Months Ended
Dec. 31, 2020
Real Estate [Abstract]  
Schedule of Construction in Progress The following table shows the components of construction in progress.
December 31,
(in thousands)20202019
Hampden House (formerly 7316 Wisconsin Avenue)$50,723 $44,638 
The Waycroft8,651 255,443 
Ashbrook Marketplace153 19,128 
Other9,950 16,435 
Total$69,477 $335,644 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The purchase price was allocated to assets acquired and liabilities assumed based on their relative fair values as shown in the following table.
(in thousands)Ashbrook MarketplaceHampden House (formerly 7316 Wisconsin Avenue)Total
Land$8,776 $38,662 $47,438 
Buildings— 979 979 
In-place Leases— 886 886 
Above Market Rent— 168 168 
Below Market Rent— (21)(21)
Total Purchase Price$8,776 $40,674 $49,450 
Amortization of intangible assets and deferred income related to in place leases
As of December 31, 2020, scheduled amortization of intangible assets and deferred income related to in place leases is as follows:
(In thousands)Lease acquisition costsAbove market leasesBelow market leases
2021$495 $33 $1,409 
2022368 33 1,306 
2023317 33 1,297 
2024198 33 878 
2025153 33 601 
Thereafter843 309 3,253 
Total$2,374 $474 $8,744