Real Estate Acquisitions and Dispositions

3 Months Ended

Mar. 31, 2015

Notes To Financial Statements [Abstract]

Real Estate Acquisitions and Dispositions

The following chart shows our acquisition activity for the three months ended March 31, 2015:



Community	Location	Acres/Units	Date Acquired
River's Walk (2 outparcels)	Charleston, South Carolina	1.9	Q1 2015 - various
Residences at Burlington Creek	Kansas City, Missouri	298	January 15, 2015

The following chart shows our disposition activity for the three months ended March 31, 2015:



Community	Location	Units	Date Sold
Vistas	Macon, Georgia	144	February 26, 2015
Austin Chase	Macon, Georgia	256	February 26, 2015
Fairways at Hartland	Bowling Green, Kentucky	240	February 26, 2015
Fountain Lake	Brunswick, Georgia	113	March 25, 2015

In addition to the four properties sold during the three months ended March 31, 2015, we had 17 multifamily properties classified as Assets held for sale on the Condensed Consolidated Balance Sheet as of March 31, 2015. See discussion in Note 16 to the Condensed Consolidated Financial Statements on the disposition of 14 of these 17 properties subsequent to the balance sheet date.