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Significant Accounting Policies (Details) (USD $)
12 Months Ended 1 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2013
Segment
Units
Properties
Dec. 31, 2012
Properties
Dec. 31, 2011
Properties
Dec. 31, 1998
Dec. 31, 2013
Building and improvements [Member]
Minimum [Member]
Dec. 31, 2013
Building and improvements [Member]
Maximum [Member]
Dec. 31, 2013
Furniture, fixtures and equipment [Member]
Minimum [Member]
Dec. 31, 2013
Furniture, fixtures and equipment [Member]
Maximum [Member]
Dec. 31, 2013
Common Stock
Oct. 31, 2005
Down REIT Operating Patnership Florida [Member]
Properties
Dec. 31, 2013
Down REIT Operating Patnership Florida [Member]
Properties
Dec. 31, 2012
Down REIT Operating Patnership Florida [Member]
Dec. 31, 2012
REIT Partnership Owns Development Property In Nashville [Member]
Dec. 31, 2013
Apartment Community In Florida [Member]
Units
Dec. 31, 2013
Vista Germantown [Member]
Communities
Dec. 31, 2012
Vista Germantown [Member]
Sep. 24, 2010
Vista Germantown [Member]
Dec. 31, 2013
7001 Arlington Road [Member]
sqft
acre
Mar. 31, 2012
7001 Arlington Road [Member]
Units
Dec. 31, 2013
Commercial Lease [Member]
Dec. 31, 2013
Future Development [Member]
Units
Dec. 31, 2013
Future Development [Member]
Monrovia [Member]
Units
Dec. 31, 2013
Future Development [Member]
950 Third [Member]
Units
Capitalized Costs of Unproved Properties Excluded from Amortization [Line Items]                                              
Number of apartment communities owned                           1                  
Equity interest                 100.00%   100.00% 97.60%                   50.00% 50.00%
Equity interest in partnership                         90.00%   100.00% 90.00% 90.00% 97.00%          
Number of real estate assets contributed                     2                        
Number of properties sold                   1                          
Number of reportable segments 1                                            
Useful lives of assets         5 years 30 years 5 years 10 years                              
Useful life of intangible assets 12 months                                     60 months      
Interest costs capitalized $ 3,600,000 $ 1,500,000 $ 740,000                                        
Payroll costs capitalized 2,800,000 2,400,000 875,000                                        
Number of properties classified as held for sale 0 0                                          
Number of properties recorded as impaired 0 0 0                                        
Advertising expense 2,000,000 2,000,000 1,800,000                                        
Opertating partnership units issued       522,032                                      
Units redeemed 74,083 0 0                                        
Units remaining 0                                            
Area of land                                   2.5          
Cost of land                                     12,200,000        
Units to acquire 13,676                           242       140   626 [1] 154 [1] 472 [1]
Area of real estate property to be developed                                   7,000          
Contributions in aid of construction                             9,400,000   9,400,000            
Redeemed ownership percentage                             10.00%                
Equity Method Investment, Land Purchase                                           13,100,000  
Equity Method Investment, Contribution of Partner Land Value                                             $ 30,000,000
[1] Based on current projections as of February 4, 2014.