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REAL ESTATE OWNED - Summarizes the carrying amounts for our real estate owned (Details)
$ in Thousands
1 Months Ended 12 Months Ended
Feb. 20, 2018
USD ($)
item
Dec. 31, 2018
USD ($)
home
item
Dec. 31, 2017
USD ($)
community
Feb. 28, 2017
USD ($)
Dec. 31, 2016
USD ($)
Real estate owned          
Land   $ 1,849,799 $ 1,780,229    
Land improvements   213,224 189,919    
Depreciable property - held and used:          
Building, improvements, and furniture, fixtures and equipment   8,133,136 7,614,568    
Under development:          
Real estate under development     588,636    
Real estate owned   10,196,159 10,177,206    
Accumulated depreciation   (3,654,160) (3,330,166)    
Total real estate owned, net of accumulated depreciation   $ 6,541,999 6,847,040    
Number of apartments owned (in apartments homes) | home   39,931      
Gain on sale of real estate owned         $ 226,199
Land          
Under development:          
Real estate under development     109,468    
Construction in progress          
Under development:          
Real estate under development     $ 483,022    
ORANGE COUNTY, CA          
Under development:          
Number of apartment homes sold | item 264        
Sale price $ 90,500        
Gain on sale of real estate owned $ 70,300        
Fairfax, VA          
Under development:          
Number of apartment homes sold | item   604      
Sale price   $ 160,000      
Gain on sale of real estate owned   $ 65,900      
Orange County and Carlsbad Properties          
Under development:          
Number of apartment homes sold | community     218    
Gross proceeds from sale of properties     $ 69,000    
Gain on sale of real estate owned     $ 41,300    
RICHMOND, VA          
Under development:          
Gross proceeds from sale of properties       $ 3,500  
Gain on sale of real estate owned       $ 2,100