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FAIR VALUE OF DERIVATIVES AND FINANCIAL INSTRUMENTS (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Fair Value    
Notes receivable, net $ 151,543 $ 153,650
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Gross Amounts of Recognized Assets   6
Gross Amounts of Recognized Liabilities 3,075 142
Unsecured debt instruments    
Redeemable Noncontrolling Interest, Equity, Carrying Amount 819,133 1,018,665
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 819,133 1,018,665
Transfer Between the Levels 0  
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 203,400  
Carrying Amount | Fair Value, Measurements, Recurring    
Fair Value    
Notes receivable, net 151,543 153,650
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Total assets 151,543 153,656
Unsecured debt instruments    
Total liabilities 4,913,746 4,731,595
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 819,133 1,018,665
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
Derivatives - Interest rate contracts (b) 3,075 142
Carrying Amount | Revolving Credit Facility | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments 50,000  
Carrying Amount | Credit facilities | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments 24,797  
Carrying Amount | Commercial bank | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments   16,583
Commercial paper program 215,000 300,000
Carrying Amount | Senior Unsecured Notes | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments 3,474,450 3,263,152
Fair Value | Fair Value, Measurements, Recurring    
Fair Value    
Notes receivable, net 160,515 160,197
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Total assets 160,515 160,203
Unsecured debt instruments    
Total liabilities 4,907,068 4,853,337
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 819,133 1,018,665
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
Derivatives - Interest rate contracts (b) 3,075 142
Fair Value | Revolving Credit Facility | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments 50,000  
Fair Value | Credit facilities | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments 24,797  
Fair Value | Commercial bank | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments   16,583
Commercial paper program 215,000 300,000
Fair Value | Senior Unsecured Notes | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments 3,466,082 3,397,622
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
Unsecured debt instruments    
Total liabilities 3,075 142
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 819,133 1,018,665
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
Derivatives - Interest rate contracts (b) 3,075 142
Fair Value | Level 3 | Fair Value, Measurements, Recurring    
Fair Value    
Notes receivable, net 160,515 160,197
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Total assets 160,515 160,197
Unsecured debt instruments    
Total liabilities 4,903,993 4,853,195
Fair Value | Level 3 | Revolving Credit Facility | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments 50,000  
Fair Value | Level 3 | Credit facilities | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments 24,797  
Fair Value | Level 3 | Commercial bank | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments   16,583
Commercial paper program 215,000 300,000
Fair Value | Level 3 | Senior Unsecured Notes | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments 3,466,082 3,397,622
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 27,000
Tax-exempt secured notes payable | 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 27,000
Tax-exempt secured notes payable | Variable Rate Debt | Fair Value | Tax-exempt secured notes payable | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 27,000 27,000
Tax-exempt secured notes payable | Variable Rate Debt | Fair Value | Level 3 | Tax-exempt secured notes payable | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 27,000 27,000
Credit facilities | 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 203,429 204,590
Credit facilities | 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   218,490
Debt instruments - fair value    
Fair value 216,181  
Credit facilities | Fixed Rate Debt | Fair Value | Credit facilities | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 213,026 213,661
Credit facilities | Fixed Rate Debt | Fair Value | Level 3 | Credit facilities | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 213,026 213,661
Mortgages Note 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 883,249 884,869
Mortgages Note Payable | Fixed Rate Debt | Carrying Amount | Mortgages Note 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 903,243 906,228
Mortgages Note Payable | Fixed Rate Debt | Fair Value | Mortgages Note Payable | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 908,088 898,329
Mortgages Note Payable | Fixed Rate Debt | Fair Value | Level 3 | Mortgages Note Payable | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value $ 908,088 $ 898,329