2023 Q3 Form 10-Q Financial Statement

#000156918723000098 Filed on August 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $166.0M $165.9M
YoY Change 35.22% 65.12%
Cost Of Revenue $116.7M $118.4M
YoY Change 38.18% 91.12%
Gross Profit $48.37M $46.56M
YoY Change 26.25% 20.76%
Gross Profit Margin 29.14% 28.06%
Selling, General & Admin $4.300M $4.052M
YoY Change 11.57% 12.03%
% of Gross Profit 8.89% 8.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $22.90M $20.22M
YoY Change 28.62% 6.12%
% of Gross Profit 47.34% 43.44%
Operating Expenses $27.20M $24.28M
YoY Change 25.58% 7.07%
Operating Profit $22.34M $23.78M
YoY Change -55.83% -32.19%
Interest Expense $15.44M $13.63M
YoY Change 49.29% 45.44%
% of Operating Profit 69.13% 57.32%
Other Income/Expense, Net $63.00K $168.0K
YoY Change -46.61% 147.06%
Pretax Income $8.733M $15.22M
YoY Change -79.48% -50.5%
Income Tax $310.0K $336.0K
% Of Pretax Income 3.55% 2.21%
Net Earnings $6.940M $11.86M
YoY Change -75.97% -50.9%
Net Earnings / Revenue 4.18% 7.15%
Basic Earnings Per Share $0.06 $0.13
Diluted Earnings Per Share $0.06 $0.13
COMMON SHARES
Basic Shares Outstanding 67.95M shares 67.94M shares
Diluted Shares Outstanding 67.95M shares 67.90M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $32.70M $34.05M
YoY Change -40.22% -51.16%
Cash & Equivalents $32.66M $34.05M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $43.80M $41.43M
Other Receivables $87.30M $93.88M
Total Short-Term Assets $163.8M $169.4M
YoY Change 18.73% -31.37%
LONG-TERM ASSETS
Property, Plant & Equipment $1.926B $1.924B
YoY Change 16.75% 17.58%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $125.7M $102.4M
YoY Change 94.93% 92.21%
Other Assets $2.300M $2.043M
YoY Change -52.72% -69.42%
Total Long-Term Assets $2.369B $2.302B
YoY Change 15.6% 14.01%
TOTAL ASSETS
Total Short-Term Assets $163.8M $169.4M
Total Long-Term Assets $2.369B $2.302B
Total Assets $2.533B $2.471B
YoY Change 15.79% 9.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.60M $24.26M
YoY Change 30.04% 6.02%
Accrued Expenses $31.60M $31.61M
YoY Change -0.34% -0.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.500M $4.908M
YoY Change 12.71% -67.37%
Total Short-Term Liabilities $173.8M $163.2M
YoY Change 42.92% -18.85%
LONG-TERM LIABILITIES
Long-Term Debt $1.413B $1.353B
YoY Change 30.11% 21.67%
Other Long-Term Liabilities $79.90M $73.28M
YoY Change 15.32% 10.7%
Total Long-Term Liabilities $1.493B $1.426B
YoY Change 29.22% 21.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $173.8M $163.2M
Total Long-Term Liabilities $1.493B $1.426B
Total Liabilities $1.666B $1.589B
YoY Change 30.53% 15.24%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $590.0M $589.7M
YoY Change 0.1% 0.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $621.0M $632.1M
YoY Change
Total Liabilities & Shareholders Equity $2.533B $2.471B
YoY Change 15.79% 9.07%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $6.940M $11.86M
YoY Change -75.97% -50.9%
Depreciation, Depletion And Amortization $22.90M $20.22M
YoY Change 28.62% 6.12%
Cash From Operating Activities $37.80M $27.41M
YoY Change 35.68% 38.24%
INVESTING ACTIVITIES
Capital Expenditures $15.70M $26.67M
YoY Change -151.88% -281.49%
Acquisitions
YoY Change
Other Investing Activities -$58.40M -$25.23M
YoY Change -143.34% -138.59%
Cash From Investing Activities -$74.10M -$51.90M
YoY Change -170.91% -202.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 35.20M 24.15M
YoY Change -123.59% -171.94%
NET CHANGE
Cash From Operating Activities 37.80M 27.41M
Cash From Investing Activities -74.10M -51.90M
Cash From Financing Activities 35.20M 24.15M
Net Change In Cash -1.100M -339.0K
YoY Change -93.47% -100.92%
FREE CASH FLOW
Cash From Operating Activities $37.80M $27.41M
Capital Expenditures $15.70M $26.67M
Free Cash Flow $22.10M $738.0K
YoY Change -61.98% -97.86%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
102574000 usd
CY2023Q2 us-gaap Interest Income Operating
InterestIncomeOperating
3414000 usd
CY2023Q2 us-gaap Revenues
Revenues
165939000 usd
CY2023Q2 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
13676000 usd
CY2023Q2 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
5631000 usd
CY2023Q2 us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
99071000 usd
CY2023Q2 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
19878000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
347000 usd
CY2023Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4052000 usd
CY2023Q2 ahh Acquisition Development And Other Pursuit Costs
AcquisitionDevelopmentAndOtherPursuitCosts
18000 usd
CY2023Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2023Q2 us-gaap Costs And Expenses
CostsAndExpenses
142673000 usd
CY2023Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
511000 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
23777000 usd
CY2023Q2 us-gaap Interest Expense
InterestExpense
13629000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
9371000 usd
CY2023Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67710000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67420000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
67420000 shares
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
904014000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
5417000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-426000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
2922000 usd
CY2023Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-149000 usd
CY2023Q1 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
979000 usd
CY2023Q1 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
12834000 usd
CY2023Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
506000 usd
CY2023Q1 us-gaap Dividends Preferred Stock
DividendsPreferredStock
2887000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.19
CY2023Q1 us-gaap Dividends Common Stock
DividendsCommonStock
16824000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
873862000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
14885000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
6806000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
5055000 usd
CY2023Q2 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
337000 usd
CY2023Q2 us-gaap Partners Capital Account Acquisitions
PartnersCapitalAccountAcquisitions
12194000 usd
CY2023Q2 us-gaap Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
583000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.195
CY2023Q2 us-gaap Dividends Common Stock
DividendsCommonStock
17470000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
881662000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
779823000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
12276000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
7722000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-787000 usd
CY2022Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
65194000 usd
CY2022Q1 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
23065000 usd
CY2022Q1 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
1064000 usd
CY2022Q1 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
3901000 usd
CY2022Q1 us-gaap Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
0 usd
CY2022Q1 us-gaap Dividends Preferred Stock
DividendsPreferredStock
2887000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.17
CY2022Q1 us-gaap Dividends Common Stock
DividendsCommonStock
14939000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-866000 usd
CY2022Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-35000 usd
CY2022Q2 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
575000 usd
CY2022Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
84000 usd
CY2022Q2 ahh Noncontrolling Interest Increase From Contributions From Noncontrolling Interest Holders
NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterestHolders
14000 usd
CY2022Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
2887000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.17
us-gaap Profit Loss
ProfitLoss
20302000 usd
us-gaap Profit Loss
ProfitLoss
43043000 usd
us-gaap Depreciation
Depreciation
29262000 usd
us-gaap Depreciation
Depreciation
27613000 usd
ahh Amortization Of Leasing Costs And In Place Lease Intangibles
AmortizationOfLeasingCostsAndInPlaceLeaseIntangibles
9084000 usd
ahh Amortization Of Leasing Costs And In Place Lease Intangibles
AmortizationOfLeasingCostsAndInPlaceLeaseIntangibles
9725000 usd
us-gaap Straight Line Rent
StraightLineRent
3244000 usd
us-gaap Straight Line Rent
StraightLineRent
3036000 usd
ahh Amortization Of Lease Incentives And Above And Below Market Rents
AmortizationOfLeaseIncentivesAndAboveAndBelowMarketRents
-1360000 usd
ahh Amortization Of Lease Incentives And Above And Below Market Rents
AmortizationOfLeaseIncentivesAndAboveAndBelowMarketRents
-520000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
624000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
555000 usd
ahh Amortization Of Ground Leases
AmortizationOfGroundLeases
40000 usd
ahh Amortization Of Ground Leases
AmortizationOfGroundLeases
76000 usd
ahh Finance Receivable Allowance For Credit Loss And Off Balance Sheet Credit Loss Liability Expense Reversal
FinanceReceivableAllowanceForCreditLossAndOffBalanceSheetCreditLossLiabilityExpenseReversal
177000 usd
ahh Finance Receivable Allowance For Credit Loss And Off Balance Sheet Credit Loss Liability Expense Reversal
FinanceReceivableAllowanceForCreditLossAndOffBalanceSheetCreditLossLiabilityExpenseReversal
900000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1168000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
405000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2137000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2115000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
102000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
333000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4412000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2143000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-776000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
511000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
19493000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
490000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
6730000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
792000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
8243000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-592000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-2429000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
24282000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
18005000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
10969000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
25205000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
6545000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
4026000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
40461000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
50407000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
30959000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
35478000 usd
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
9912000 usd
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
8467000 usd
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
8355000 usd
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
93313000 usd
ahh Proceeds From Sale Real Estate Held For Investment Net Of Selling Cost
ProceedsFromSaleRealEstateHeldForInvestmentNetOfSellingCost
-20000 usd
ahh Proceeds From Sale Real Estate Held For Investment Net Of Selling Cost
ProceedsFromSaleRealEstateHeldForInvestmentNetOfSellingCost
101812000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
21238000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
20829000 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
0 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
11545000 usd
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
2348000 usd
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
1836000 usd
ahh Payments For Lease Incentives
PaymentsForLeaseIncentives
20000 usd
ahh Payments For Lease Incentives
PaymentsForLeaseIncentives
51000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
30388000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
40333000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-103240000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-86950000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-149000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
65159000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1110000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
774000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
229783000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
324096000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
138953000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
273698000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1661000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3303000 usd
ahh Redemption Of Operating Partnership Units
RedemptionOfOperatingPartnershipUnits
583000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
933000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
84000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
14000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
39383000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
34997000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
47011000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
72512000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-15768000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
35969000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
51865000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
40443000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36097000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76412000 usd
ahh Change In Dividends Payable
ChangeInDividendsPayable
685000 usd
ahh Change In Dividends Payable
ChangeInDividendsPayable
750000 usd
ahh Change In Capital Expenditures Incurred But Not Yet Paid
ChangeInCapitalExpendituresIncurredButNotYetPaid
-2126000 usd
ahh Change In Capital Expenditures Incurred But Not Yet Paid
ChangeInCapitalExpendituresIncurredButNotYetPaid
-2626000 usd
ahh Common Stock Or Units Issued For Acquisition Value
CommonStockOrUnitsIssuedForAcquisitionValue
12194000 usd
ahh Common Stock Or Units Issued For Acquisition Value
CommonStockOrUnitsIssuedForAcquisitionValue
0 usd
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 usd
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
132000 usd
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
105584000 usd
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
156071000 usd
ahh Redeemed Of Notes Receivable To Acquire Real Estate
RedeemedOfNotesReceivableToAcquireRealEstate
90232000 usd
ahh Redeemed Of Notes Receivable To Acquire Real Estate
RedeemedOfNotesReceivableToAcquireRealEstate
0 usd
ahh Acquisitions Of Noncontrolling Interests
AcquisitionsOfNoncontrollingInterests
12834000 usd
ahh Acquisitions Of Noncontrolling Interests
AcquisitionsOfNoncontrollingInterests
0 usd
ahh Noncontrolling Interest In Acquired Real Estate Entity
NoncontrollingInterestInAcquiredRealEstateEntity
0 usd
ahh Noncontrolling Interest In Acquired Real Estate Entity
NoncontrollingInterestInAcquiredRealEstateEntity
23065000 usd
ahh Other Liability Satisfied In Connection With A Real Estate Disposal
OtherLiabilitySatisfiedInConnectionWithARealEstateDisposal
750000 usd
ahh Other Liability Satisfied In Connection With A Real Estate Disposal
OtherLiabilitySatisfiedInConnectionWithARealEstateDisposal
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
47742000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
ahh Recognitionof Finance Lease Liability
RecognitionofFinanceLeaseLiability
46616000 usd
ahh Recognitionof Finance Lease Liability
RecognitionofFinanceLeaseLiability
0 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
34054000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
69731000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2043000 usd
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6681000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36097000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76412000 usd
CY2023Q2 ahh Percentage Of Ownership Interests In Operating Partnership
PercentageOfOwnershipInterestsInOperatingPartnership
0.758
us-gaap Use Of Estimates
UseOfEstimates
<div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed. Such estimates are based on management’s historical experience and best judgment after considering past, current, and expected events and economic conditions. Actual results could differ significantly from management’s estimates.</span></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span></div><div><span><br/></span></div><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain items have been reclassified from their prior year classifications to conform to the current year presentation. Effective for the six months ended June 30, 2023, the Company has changed the presentation of its Consolidated Statements of Comprehensive Income. For the three and six months ended June 30, 2022, the Company reclassified interest </span></div>income of $3.4 million and $6.9 million, respectively, from non-operating income to operating income. As a result, total revenues and operating income increased by $3.4 million and $6.9 million, respectively, compared to previous reporting. These reclassifications had no effect on net income or stockholder's equity as previously reported.
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5 segment
CY2023Q2 us-gaap Gross Profit
GrossProfit
46563000 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
40979000 usd
us-gaap Gross Profit
GrossProfit
89916000 usd
us-gaap Gross Profit
GrossProfit
81004000 usd
CY2023Q2 us-gaap Gross Profit
GrossProfit
46563000 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
40979000 usd
us-gaap Gross Profit
GrossProfit
89916000 usd
us-gaap Gross Profit
GrossProfit
81004000 usd
CY2023Q2 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
19878000 usd
CY2022Q2 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
18781000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
38346000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
37338000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
347000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
277000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
624000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
555000 usd
CY2023Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4052000 usd
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3617000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9500000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8325000 usd
CY2023Q2 ahh Acquisition Development And Other Pursuit Costs
AcquisitionDevelopmentAndOtherPursuitCosts
18000 usd
CY2022Q2 ahh Acquisition Development And Other Pursuit Costs
AcquisitionDevelopmentAndOtherPursuitCosts
26000 usd
ahh Acquisition Development And Other Pursuit Costs
AcquisitionDevelopmentAndOtherPursuitCosts
18000 usd
ahh Acquisition Development And Other Pursuit Costs
AcquisitionDevelopmentAndOtherPursuitCosts
37000 usd
CY2023Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2022Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
286000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
102000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
333000 usd
CY2023Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2022Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-618000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-776000 usd
CY2023Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
5005000 usd
CY2022Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
2548000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
2558000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
6730000 usd
CY2023Q2 ahh Finance Receivable Allowance For Credit Loss And Off Balance Sheet Credit Loss Liability Expense Reversal
FinanceReceivableAllowanceForCreditLossAndOffBalanceSheetCreditLossLiabilityExpenseReversal
100000 usd
CY2022Q2 ahh Finance Receivable Allowance For Credit Loss And Off Balance Sheet Credit Loss Liability Expense Reversal
FinanceReceivableAllowanceForCreditLossAndOffBalanceSheetCreditLossLiabilityExpenseReversal
295000 usd
ahh Finance Receivable Allowance For Credit Loss And Off Balance Sheet Credit Loss Liability Expense Reversal
FinanceReceivableAllowanceForCreditLossAndOffBalanceSheetCreditLossLiabilityExpenseReversal
177000 usd
ahh Finance Receivable Allowance For Credit Loss And Off Balance Sheet Credit Loss Liability Expense Reversal
FinanceReceivableAllowanceForCreditLossAndOffBalanceSheetCreditLossLiabilityExpenseReversal
900000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
168000 usd
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
68000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
261000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
297000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
336000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-20000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
524000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-321000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
14885000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
30767000 usd
us-gaap Profit Loss
ProfitLoss
20302000 usd
us-gaap Profit Loss
ProfitLoss
43043000 usd
CY2023Q2 ahh Number Of Ground Leases
NumberOfGroundLeases
9 lease
CY2023Q2 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
9 property
ahh Number Of Operating Leases
NumberOfOperatingLeases
5 lease
ahh Number Of Finance Leases
NumberOfFinanceLeases
4 lease
ahh Lessor Operating Lease Option To Extend Number
LessorOperatingLeaseOptionToExtendNumber
1 renewal_options
CY2023Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
57093000 usd
CY2022Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
53424000 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
111564000 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
106303000 usd
CY2023Q2 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-1788000 usd
CY2022Q2 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-1544000 usd
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-3243000 usd
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-3036000 usd
CY2023Q2 us-gaap Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
150000 usd
CY2022Q2 us-gaap Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
173000 usd
us-gaap Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
315000 usd
us-gaap Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
346000 usd
CY2023Q2 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-1220000 usd
CY2022Q2 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-429000 usd
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-1677000 usd
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-866000 usd
CY2023Q2 us-gaap Lease Income
LeaseIncome
59951000 usd
CY2022Q2 us-gaap Lease Income
LeaseIncome
55224000 usd
us-gaap Lease Income
LeaseIncome
116169000 usd
us-gaap Lease Income
LeaseIncome
109859000 usd
CY2023Q2 ahh Financing Receivable Guarantee Premium
FinancingReceivableGuaranteePremium
0 usd
CY2022Q4 ahh Financing Receivable Guarantee Premium
FinancingReceivableGuaranteePremium
701000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1239000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1292000 usd
CY2023Q2 us-gaap Notes Receivable Net
NotesReceivableNet
60095000 usd
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
136039000 usd
CY2023Q2 us-gaap Interest Income Operating
InterestIncomeOperating
3414000 usd
CY2022Q2 us-gaap Interest Income Operating
InterestIncomeOperating
3352000 usd
us-gaap Interest Income Operating
InterestIncomeOperating
7133000 usd
us-gaap Interest Income Operating
InterestIncomeOperating
6920000 usd
CY2023Q2 ahh Financing Receivable Amortized Through Redemption
FinancingReceivableAmortizedThroughRedemption
600000 usd
us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Allowance for Loan Losses</span></div><div><span><br/></span></div><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is exposed to credit losses primarily through its real estate financing investments. As of June 30, 2023, the Company had three real estate financing investments, each of which are financing development projects in various stages of completion or lease-up. Each of these projects is subject to a loan that is senior to the Company’s loan. Interest on these loans is paid in kind and is generally not expected to be paid until a sale of the project after completion of the development.</span></div><div style="padding-left:18pt"><span><br/></span></div><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's management performs a quarterly analysis of the loan portfolio to determine the risk of credit loss based on</span></div><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">the progress of development activities, including leasing activities, projected development costs, and current and projected</span></div><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">subordinated and senior loan balances. The Company estimates future losses on its notes receivable using risk</span></div><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">ratings that correspond to probabilities of default and loss given default. The Company's risk ratings are as follows:</span></div><div style="padding-left:18pt"><span><br/></span></div><div style="padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Pass: loans in this category are adequately collateralized by a development project with conditions materially consistent with the Company's underwriting assumptions.</span></div><div style="padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Special Mention: loans in this category show signs that the economic performance of the project may suffer as a result of slower-than-expected leasing activity or an extended development or marketing timeline. Loans in this category warrant increased monitoring by management.</span></div><div style="padding-left:54pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Substandard: loans in this category may not be fully collected by the Company unless remediation actions are taken. Remediation actions may include obtaining additional collateral or assisting the borrower with asset management activities to prepare the project for sale. The Company will also consider placing the loan on non-accrual status if it does not believe that additional interest accruals will ultimately be collected.</span></div>
CY2023Q2 ahh Finance Receivable Allowance For Credit Loss And Off Balance Sheet Credit Loss Liability
FinanceReceivableAllowanceForCreditLossAndOffBalanceSheetCreditLossLiability
1800000 usd
CY2023Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
600000 usd
CY2023Q2 us-gaap Notes Receivable Net
NotesReceivableNet
60100000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1300000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1292000 usd
CY2022Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
338000 usd
CY2022Q4 ahh Finance Receivable Allowance For Credit Loss And Off Balance Sheet Credit Loss Liability
FinanceReceivableAllowanceForCreditLossAndOffBalanceSheetCreditLossLiability
1630000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
994000 usd
CY2021Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
10000 usd
CY2021Q4 ahh Finance Receivable Allowance For Credit Loss And Off Balance Sheet Credit Loss Liability
FinanceReceivableAllowanceForCreditLossAndOffBalanceSheetCreditLossLiability
1004000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
412000 usd
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
231000 usd
ahh Finance Receivable Allowance For Credit Loss And Off Balance Sheet Credit Loss Liability Period Increase Decrease
FinanceReceivableAllowanceForCreditLossAndOffBalanceSheetCreditLossLiabilityPeriodIncreaseDecrease
643000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
458000 usd
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
442000 usd
ahh Finance Receivable Allowance For Credit Loss And Off Balance Sheet Credit Loss Liability Period Increase Decrease
FinanceReceivableAllowanceForCreditLossAndOffBalanceSheetCreditLossLiabilityPeriodIncreaseDecrease
900000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
465000 usd
ahh Off Balance Sheet Credit Loss Liability Writeoff
OffBalanceSheetCreditLossLiabilityWriteoff
0 usd
ahh Finance Receivable Allowance For Credit Loss And Off Balance Sheet Credit Loss Liability Writeoff
FinanceReceivableAllowanceForCreditLossAndOffBalanceSheetCreditLossLiabilityWriteoff
465000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
0 usd
ahh Off Balance Sheet Credit Loss Liability Writeoff
OffBalanceSheetCreditLossLiabilityWriteoff
0 usd
ahh Finance Receivable Allowance For Credit Loss And Off Balance Sheet Credit Loss Liability Writeoff
FinanceReceivableAllowanceForCreditLossAndOffBalanceSheetCreditLossLiabilityWriteoff
0 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1239000 usd
CY2023Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
569000 usd
CY2023Q2 ahh Finance Receivable Allowance For Credit Loss And Off Balance Sheet Credit Loss Liability
FinanceReceivableAllowanceForCreditLossAndOffBalanceSheetCreditLossLiability
1808000 usd
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1452000 usd
CY2022Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
452000 usd
CY2022Q2 ahh Finance Receivable Allowance For Credit Loss And Off Balance Sheet Credit Loss Liability
FinanceReceivableAllowanceForCreditLossAndOffBalanceSheetCreditLossLiability
1904000 usd
CY2023Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
0 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
342000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
17515000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
243000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
4881000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
17515000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4881000 usd
ahh Contract With Customer Liability Increase From Billings
ContractWithCustomerLiabilityIncreaseFromBillings
19282000 usd
ahh Contract With Customer Liability Increase From Billings
ContractWithCustomerLiabilityIncreaseFromBillings
15442000 usd
us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
343000 usd
us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
361000 usd
ahh Contract With Customer Asset Costs And Earnings Not Billed
ContractWithCustomerAssetCostsAndEarningsNotBilled
406000 usd
ahh Contract With Customer Asset Costs And Earnings Not Billed
ContractWithCustomerAssetCostsAndEarningsNotBilled
493000 usd
us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
1000 usd
us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
971000 usd
us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
118000 usd
us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
367000 usd
CY2023Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
406000 usd
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
18311000 usd
CY2022Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
493000 usd
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
15075000 usd
CY2023Q2 us-gaap Construction Contractor Receivable Retainage
ConstructionContractorReceivableRetainage
32100000 usd
CY2022Q4 us-gaap Construction Contractor Receivable Retainage
ConstructionContractorReceivableRetainage
8300000 usd
CY2023Q2 ahh Costs On Uncompleted Contracts
CostsOnUncompletedContracts
499099000 usd
CY2022Q4 ahh Costs On Uncompleted Contracts
CostsOnUncompletedContracts
571465000 usd
CY2023Q2 ahh Estimated Earnings On Uncompleted Contracts
EstimatedEarningsOnUncompletedContracts
18238000 usd
CY2022Q4 ahh Estimated Earnings On Uncompleted Contracts
EstimatedEarningsOnUncompletedContracts
22162000 usd
CY2023Q2 ahh Billed Construction Contracts
BilledConstructionContracts
535242000 usd
CY2022Q4 ahh Billed Construction Contracts
BilledConstructionContracts
610800000 usd
CY2023Q2 ahh Uncompleted Contracts Net Assets
UncompletedContractsNetAssets
-17905000 usd
CY2022Q4 ahh Uncompleted Contracts Net Assets
UncompletedContractsNetAssets
-17173000 usd
CY2023Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
406000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
342000 usd
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
18311000 usd
CY2023Q2 ahh Uncompleted Contracts Net Assets
UncompletedContractsNetAssets
-17905000 usd
CY2022Q4 ahh Uncompleted Contracts Net Assets
UncompletedContractsNetAssets
-17173000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
651840000 usd
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
419439000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
665564000 usd
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
215518000 usd
CY2023Q2 ahh Revenue Remaining Performance Obligation New Or Modified Contracts
RevenueRemainingPerformanceObligationNewOrModifiedContracts
43975000 usd
CY2022Q2 ahh Revenue Remaining Performance Obligation New Or Modified Contracts
RevenueRemainingPerformanceObligationNewOrModifiedContracts
167143000 usd
ahh Revenue Remaining Performance Obligation New Or Modified Contracts
RevenueRemainingPerformanceObligationNewOrModifiedContracts
114767000 usd
ahh Revenue Remaining Performance Obligation New Or Modified Contracts
RevenueRemainingPerformanceObligationNewOrModifiedContracts
395746000 usd
CY2023Q2 ahh Revenue Remaining Performance Obligation Work Performed
RevenueRemainingPerformanceObligationWorkPerformed
103029000 usd
CY2022Q2 ahh Revenue Remaining Performance Obligation Work Performed
RevenueRemainingPerformanceObligationWorkPerformed
45368000 usd
ahh Revenue Remaining Performance Obligation Work Performed
RevenueRemainingPerformanceObligationWorkPerformed
187545000 usd
ahh Revenue Remaining Performance Obligation Work Performed
RevenueRemainingPerformanceObligationWorkPerformed
70050000 usd
CY2023Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
592786000 usd
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
541214000 usd
CY2023Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
592786000 usd
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
541214000 usd
CY2023Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
13700000 usd
CY2023Q2 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
1077645000 usd
CY2023Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
24922000 usd
CY2023Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
0 usd
CY2022Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
1288349000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
29115000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
0 usd
CY2023Q2 ahh Derivative Change In Fair Value Gain Loss
DerivativeChangeInFairValueGainLoss
11100000 usd
CY2022Q2 ahh Derivative Change In Fair Value Gain Loss
DerivativeChangeInFairValueGainLoss
6624000 usd
ahh Derivative Change In Fair Value Gain Loss
DerivativeChangeInFairValueGainLoss
6870000 usd
ahh Derivative Change In Fair Value Gain Loss
DerivativeChangeInFairValueGainLoss
18563000 usd
CY2023Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
4294000 usd
CY2022Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
2674000 usd
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
490000 usd
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
6891000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
6806000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
3950000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
6380000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
11672000 usd
CY2023Q2 ahh Derivative Change In Fair Value Gain Loss
DerivativeChangeInFairValueGainLoss
11100000 usd
CY2022Q2 ahh Derivative Change In Fair Value Gain Loss
DerivativeChangeInFairValueGainLoss
6624000 usd
ahh Derivative Change In Fair Value Gain Loss
DerivativeChangeInFairValueGainLoss
6870000 usd
ahh Derivative Change In Fair Value Gain Loss
DerivativeChangeInFairValueGainLoss
18563000 usd
CY2023Q2 ahh Percentage Of Ownership Interests In Operating Partnership
PercentageOfOwnershipInterestsInOperatingPartnership
0.758
CY2022Q4 ahh Percentage Of Ownership Interests In Operating Partnership
PercentageOfOwnershipInterestsInOperatingPartnership
0.767
CY2023Q2 us-gaap Preferred Stock Value
PreferredStockValue
171100000 usd
CY2023Q2 ahh Percentage Of Ownership Interests In Operating Partnership
PercentageOfOwnershipInterestsInOperatingPartnership
0.758
CY2023Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
CY2023Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
50000000 usd
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
300000 usd
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
600000 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
2400000 usd
CY2023Q2 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
11100000 usd
CY2022Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
11000000 usd
CY2023Q2 us-gaap Contractual Obligation
ContractualObligation
8600000 usd
CY2022Q4 us-gaap Contractual Obligation
ContractualObligation
8500000 usd
CY2023Q2 ahh Number Of Notes Receivable
NumberOfNotesReceivable
4 note_receivable
CY2023Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
600000 usd
CY2023Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001569187-23-000098-index-headers.html Edgar Link pending
0001569187-23-000098-index.html Edgar Link pending
0001569187-23-000098.txt Edgar Link pending
0001569187-23-000098-xbrl.zip Edgar Link pending
a2023q2ex311.htm Edgar Link pending
a2023q2ex312.htm Edgar Link pending
a2023q2ex321.htm Edgar Link pending
a2023q2ex322.htm Edgar Link pending
ahh-20230630.htm Edgar Link pending
ahh-20230630.xsd Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
ahh-20230630_cal.xml Edgar Link unprocessable
ahh-20230630_def.xml Edgar Link unprocessable
ahh-20230630_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
ahh-20230630_htm.xml Edgar Link completed
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
ahh-20230630_lab.xml Edgar Link unprocessable