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Investment in Unconsolidated Joint Ventures - Financial Position And Results of Operations From Our Investees (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Assets      
Real estate $ 351,120   $ 377,383
Other assets 76,664   80,975
Total assets 823,137   865,764
Liabilities and Equity      
Total liabilities and partners' capital 823,137   865,764
Investment in unconsolidated joint ventures 55,764   60,425
Liabilities 469,516   535,358
Revenues:      
Rental revenues 10,361 $ 11,442  
Other income 1,467 1,688  
Total revenue 11,828 13,130  
Expenses:      
Depreciation and amortization 3,953 4,325  
Net income 23,215 4,388  
Our share of net loss in unconsolidated joint ventures 3,336 (260)  
VAA      
Liabilities and Equity      
Mezzanine notes payable 85,842   119,939
Our share of partners' capital 122,678   93,334
Basis adjustments (152,756)   (152,848)
Investment in unconsolidated joint ventures 55,764   60,425
Revenues:      
Rental revenues 31,070 28,194  
Other income 15,289 54,803  
Total revenue 46,359 82,997  
Expenses:      
Operating expenses 28,039 63,827  
Depreciation and amortization 8,062 9,168  
Interest Expense 14,175 15,593  
Total expenses 50,276 88,588  
Net income (3,917) (5,591)  
Our share of net loss in unconsolidated joint ventures 3,336 (260)  
VAA | VAA      
Assets      
Total assets 1,280,899   1,279,197
Liabilities and Equity      
Liabilities 1,125,391   1,106,231
Revenues:      
Total revenue 32,685 29,559  
Expenses:      
Total expenses 37,457 $ 37,453  
VAA | Unconsolidated Joint Ventures      
Assets      
Real estate 1,242,582   1,230,197
Other assets 100,206   113,537
Total assets 1,342,788   1,343,734
Liabilities and Equity      
Mortgage notes payable 873,579   843,522
Mezzanine notes payable 245,356   239,878
Other liabilities 27,921   45,619
Our share of partners' capital 85,842   93,334
Outside partner's capital 110,090   121,381
Total liabilities and partners' capital $ 1,342,788   $ 1,343,734