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Investments in Unconsolidated Entities (Details) - Equity Method Investments - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Dec. 31, 2018
Schedule of Equity Method Investments [Line Items]      
Carrying Amount $ 55,789   $ 40,472
Carrying Amount, fair value option $ 36,575   $ 32,994
BBA-EP320 II, L.L.C., BBA-Ten10 II, L.L.C., and Lexington on the Green Apartments, L.L.C. (collectively)      
Schedule of Equity Method Investments [Line Items]      
Ownership Interest 45.00%   45.00%
Carrying Amount $ 9,217   $ 8,948
Income from investments in unconsolidated entities $ 275 $ 253  
Somerset Deerfield Investor, LLC      
Schedule of Equity Method Investments [Line Items]      
Ownership Interest 45.00%   45.00%
Carrying Amount $ 16,504   $ 16,266
Income from investments in unconsolidated entities $ 478 0  
RS SWD Owner, LLC, RS SWD Mitchell Owner, LLC, RS SWD IF Owner, LLC, RS SWD Mullis Owner, LLC, RS SWD JH Mullis Owner, and RS SWD Saltzman Owner, LLC (collectively)      
Schedule of Equity Method Investments [Line Items]      
Ownership Interest 43.00%   43.00%
Carrying Amount $ 4,752   $ 4,714
Income from investments in unconsolidated entities $ 131 0  
Audubon Mezzanine Holdings, LLC (Series A)      
Schedule of Equity Method Investments [Line Items]      
Ownership Interest 57.00%   57.00%
Carrying Amount $ 10,701   $ 10,544
Income from investments in unconsolidated entities $ 297 0  
EP 320 Growth Fund, L.L.C. (Series A) and Turnbury Park Apartments - BC, L.L.C. (Series A) (collectively)      
Schedule of Equity Method Investments [Line Items]      
Ownership Interest 46.00%   0.00%
Carrying Amount $ 6,612   $ 0
Income from investments in unconsolidated entities $ 165 0  
Walnut Creek Properties Holdings, L.L.C.      
Schedule of Equity Method Investments [Line Items]      
Ownership Interest 36.00%   0.00%
Carrying Amount $ 8,003   $ 0
Income from investments in unconsolidated entities $ 98 0  
Morrocroft Neighborhood Stabilization Fund II, LP      
Schedule of Equity Method Investments [Line Items]      
Ownership Interest 11.00%   11.00%
Carrying Amount, fair value option $ 11,185   $ 10,954
Income from investments in unconsolidated entities $ 232 282  
Evergreens JV Holdings, LLC      
Schedule of Equity Method Investments [Line Items]      
Ownership Interest 85.00%   85.00%
Carrying Amount, fair value option $ 11,340   $ 8,200
Income from investments in unconsolidated entities $ 3,224 194  
The Preserve at Port Royal Venture, LLC      
Schedule of Equity Method Investments [Line Items]      
Ownership Interest 77.00%   77.00%
Carrying Amount, fair value option $ 14,050   $ 13,840
Income from investments in unconsolidated entities 438 483  
WR Savannah Holdings, LLC      
Schedule of Equity Method Investments [Line Items]      
Income from investments in unconsolidated entities $ 0 $ 361