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FAIR VALUE OF DERIVATIVES AND FINANCIAL INSTRUMENTS (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Nov. 30, 2019
Dec. 31, 2018
Dec. 31, 2017
Fair Value        
Notes receivable, net $ 153,650   $ 42,259  
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis        
Gross Amounts of Recognized Assets 6   4,757  
Gross Amounts of Recognized Liabilities 142   356  
Unsecured debt instruments        
Redeemable Noncontrolling Interest, Equity, Carrying Amount 1,018,665   972,740 $ 948,138
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 1,018,665   972,740  
Transfer Between the Levels 0      
Carrying Amount | Fair Value, Measurements, Recurring        
Fair Value        
Notes receivable, net 153,650   42,259  
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis        
Total assets 153,656   47,016  
Unsecured debt instruments        
Total liabilities 4,731,595   3,566,018  
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 1,018,665   972,740  
Carrying Amount | Interest rate contracts | Fair Value, Measurements, Recurring        
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis        
Derivative Asset Designated as Hedging Instrument, Fair Value 6   4,757  
Derivatives - Interest rate contracts (b) 142   356  
Carrying Amount | Credit facilities | Fair Value, Measurements, Recurring        
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis        
Secured debt including debt on real estate held for sale 218,490      
Carrying Amount | Commercial bank | Fair Value, Measurements, Recurring        
Unsecured debt instruments        
Unsecured debt instruments 16,583   16  
Commercial paper program 300,000   101,115  
Carrying Amount | Senior Unsecured Notes | Fair Value, Measurements, Recurring        
Unsecured debt instruments        
Unsecured debt instruments 3,263,152   2,861,842  
Fair Value | Fair Value, Measurements, Recurring        
Fair Value        
Notes receivable, net 160,197   45,026  
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis        
Total assets 160,203   49,783  
Unsecured debt instruments        
Total liabilities 4,853,337   3,532,104  
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 1,018,665   972,740  
Fair Value | Interest rate contracts | Fair Value, Measurements, Recurring        
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis        
Derivative Asset Designated as Hedging Instrument, Fair Value 6   4,757  
Derivatives - Interest rate contracts (b) 142   356  
Fair Value | Tax-exempt secured notes payable | Fair Value, Measurements, Recurring        
Debt instruments - fair value        
Fair value     94,700  
Fair Value | Credit facilities | Fair Value, Measurements, Recurring        
Debt instruments - fair value        
Fair value 213,661      
Fair Value | Commercial bank | Fair Value, Measurements, Recurring        
Unsecured debt instruments        
Unsecured debt instruments 16,583   16  
Commercial paper program 300,000   101,115  
Fair Value | Senior Unsecured Notes | Fair Value, Measurements, Recurring        
Unsecured debt instruments        
Unsecured debt instruments 3,397,622   2,829,390  
Fair Value | Level 2 | Fair Value, Measurements, Recurring        
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis        
Total assets 6   4,757  
Unsecured debt instruments        
Total liabilities 142   356  
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 1,018,665   972,740  
Fair Value | Level 2 | Interest rate contracts | Fair Value, Measurements, Recurring        
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis        
Derivative Asset Designated as Hedging Instrument, Fair Value 6   4,757  
Derivatives - Interest rate contracts (b) 142   356  
Fair Value | Level 3 | Fair Value, Measurements, Recurring        
Fair Value        
Notes receivable, net 160,197   45,026  
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis        
Total assets 160,197   45,026  
Unsecured debt instruments        
Total liabilities 4,853,195   3,531,748  
Fair Value | Level 3 | Credit facilities | Fair Value, Measurements, Recurring        
Debt instruments - fair value        
Fair value 213,661      
Fair Value | Level 3 | Commercial bank | Fair Value, Measurements, Recurring        
Unsecured debt instruments        
Unsecured debt instruments 16,583   16  
Commercial paper program 300,000   101,115  
Fair Value | Level 3 | Senior Unsecured Notes | Fair Value, Measurements, Recurring        
Unsecured debt instruments        
Unsecured debt instruments 3,397,622   2,829,390  
Fixed Rate Debt | Credit facilities        
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis        
Secured debt including debt on real estate held for sale 204,590   90,000  
Fixed Rate Debt | Carrying Amount | Mortgages Notes Payable | Fair Value, Measurements, Recurring        
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis        
Secured debt including debt on real estate held for sale 906,228   417,989  
Fixed Rate Debt | Fair Value | Mortgages Notes Payable | Fair Value, Measurements, Recurring        
Debt instruments - fair value        
Fair value 898,329   416,314  
Fixed Rate Debt | Fair Value | Level 3 | Mortgages Notes Payable | Fair Value, Measurements, Recurring        
Debt instruments - fair value        
Fair value 898,329   416,314  
Variable Rate Debt | Carrying Amount | Tax-exempt secured notes payable | Fair Value, Measurements, Recurring        
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis        
Secured debt including debt on real estate held for sale 27,000   94,700  
Variable Rate Debt | Fair Value | Tax-exempt secured notes payable | Fair Value, Measurements, Recurring        
Debt instruments - fair value        
Fair value 27,000      
Variable Rate Debt | Fair Value | Level 3 | Tax-exempt secured notes payable | Fair Value, Measurements, Recurring        
Debt instruments - fair value        
Fair value 27,000   94,700  
Tax-exempt secured notes payable | Variable Rate Debt        
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis        
Secured debt including debt on real estate held for sale 27,000   94,700  
Credit facilities        
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis        
Secured debt including debt on real estate held for sale   $ 205,000    
Fannie Mae | Fixed Rate Debt | Carrying Amount | Credit facilities | Fair Value, Measurements, Recurring        
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis        
Secured debt including debt on real estate held for sale     90,000  
Fannie Mae | Fixed Rate Debt | Fair Value | Credit facilities | Fair Value, Measurements, Recurring        
Debt instruments - fair value        
Fair value     90,213  
Fannie Mae | Fixed Rate Debt | Fair Value | Level 3 | Credit facilities | Fair Value, Measurements, Recurring        
Debt instruments - fair value        
Fair value     90,213  
Mortgages Notes Payable | Fixed Rate Debt        
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis        
Secured debt including debt on real estate held for sale $ 884,869 $ 313,400 $ 417,989