Redeemable Noncontrolling Interest of the Trust (Colonial Properties Trust)	6 Months Ended
	Jun. 30, 2012
Colonial Properties Trust
Redeemable Noncontrolling Interest
Noncontrolling Interest Disclosure [Text Block]	Redeemable Noncontrolling Interests of the Trust Redeemable noncontrolling interests – Common units, as presented on the Trust's consolidated condensed balance sheets, represent the limited partner interests in CRLP held by individuals and entities other than the Trust, at the greater of the closing market price of the Trust's common shares or the aggregate value of the individual partners' capital balances, as of the applicable date. At June 30, 2012 and December 31, 2011, the value of these redeemable noncontrolling interests was $167.3 million and $159.6 million, respectively, based on the closing price of the Trust's common shares of $22.14 per share and $20.86 per share, respectively, on those dates. Each common unit may be redeemed by the holder thereof for either cash equal to the fair market value of one common share of the Trust at the time of such redemption or, at the option of the Trust, one common share of the Trust. During the six months ended June 30, 2012, holders redeemed 15,636 units in exchange for an equal number of the Trust's common shares.

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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