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FAIR VALUE OF DERIVATIVES AND FINANCIAL INSTRUMENTS (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Fair Value    
Notes receivable, net $ 156,996 $ 153,650
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Gross Amounts of Recognized Assets 2 6
Gross Amounts of Recognized Liabilities 1,236 142
Unsecured debt instruments    
Redeemable Noncontrolling Interest, Equity, Carrying Amount 759,986 1,018,665
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 759,986 1,018,665
Transfer Between the Levels 0  
Carrying Amount | Fair Value, Measurements, Recurring    
Fair Value    
Notes receivable, net 156,996 153,650
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Total assets 156,998 153,656
Unsecured debt instruments    
Total liabilities 4,945,692 4,731,595
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 759,986 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 2 6
Derivatives - Interest rate contracts (b) 1,236 142
Carrying Amount | Credit facilities | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments 22,086  
Carrying Amount | Commercial bank | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments   16,583
Commercial paper program 230,000 300,000
Carrying Amount | Senior Unsecured Notes | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments 3,756,877 3,263,152
Fair Value | Fair Value, Measurements, Recurring    
Fair Value    
Notes receivable, net 168,122 160,197
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Total assets 168,124 160,203
Unsecured debt instruments    
Total liabilities 5,333,919 4,853,337
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 759,986 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 2 6
Derivatives - Interest rate contracts (b) 1,236 142
Fair Value | Credit facilities | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments 22,086  
Fair Value | Commercial bank | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments   16,583
Commercial paper program 230,000 300,000
Fair Value | Senior Unsecured Notes | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments 4,094,384 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 2 6
Unsecured debt instruments    
Total liabilities 1,236 142
Redeemable noncontrolling interests in the Operating Partnership and DownREIT Partnership 759,986 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 2 6
Derivatives - Interest rate contracts (b) 1,236 142
Fair Value | Level 3 | Fair Value, Measurements, Recurring    
Fair Value    
Notes receivable, net 168,122 160,197
Estimated fair values of the financial instruments either recorded or disclosed on a recurring basis    
Total assets 168,122 160,197
Unsecured debt instruments    
Total liabilities 5,332,683 4,853,195
Fair Value | Level 3 | Credit facilities | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments 22,086  
Fair Value | Level 3 | Commercial bank | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments   16,583
Commercial paper program 230,000 300,000
Fair Value | Level 3 | Senior Unsecured Notes | Fair Value, Measurements, Recurring    
Unsecured debt instruments    
Unsecured debt instruments 4,094,384 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   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
Credit facilities | Fixed Rate Debt | Fair Value | Credit facilities | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value   213,661
Credit facilities | Fixed Rate Debt | Fair Value | Level 3 | Credit facilities | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value   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 892,291 884,869
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 908,493 906,228
Mortgages Note Payable | Fixed Rate Debt | Fair Value | Mortgages Note Payable | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value 959,213 898,329
Mortgages Note Payable | Fixed Rate Debt | Fair Value | Level 3 | Mortgages Note Payable | Fair Value, Measurements, Recurring    
Debt instruments - fair value    
Fair value $ 959,213 $ 898,329