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Subsequent Events	9 Months Ended
Subsequent Events	Sep. 30, 2014
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Financing On October 1, 2014, we amended the terms of our $150 million term loan agreement with U.S. Bank. The amendment reduced the interest rate from LIBOR plus an interest rate spread of 1.10% to 2.05% to a more favorable rate of LIBOR plus an interest rate spread of 0.90% to 1.90% based on our credit rating. The amendment also extended the maturity of the agreement to March 1, 2020. Acquisitions On October 30, 2014, we closed on the purchase of the 480-unit Highlands of West Village apartment community located in Smyrna (Atlanta), Georgia. This community also includes approximately 63,000 square feet of retail space. On October 31, 2014, we closed on the purchase of the 328-unit Bulverde Oaks apartment community located in San Antonio, Texas.