Real Estate Acquisitions and Dispositions

12 Months Ended

Dec. 31, 2015

Real Estate Acquisitions and Dispositions [Abstract]

Mergers, Acquisitions and Dispositions Disclosures [Text Block]

REAL ESTATE ACQUISITIONS AND DISPOSITIONS

The following chart shows our acquisition activity for the year ended December 31, 2015:

Community	Location	Units/Acres	Date Acquired
River's Walk (4 outparcels)	Charleston, South Carolina	2.5 acres	Q1/Q2 2015 - various
Residences at Burlington Creek	Kansas City, Missouri-Kansas MSA	298	January 15, 2015
SkySong	Scottsdale, Arizona	325	June 11, 2015
Retreat at West Creek	Richmond, Virginia	254	June 15, 2015
Radius	Norfolk/Hampton/Virgina Beach, Virginia MSA	252	July 28, 2015
Haven at Prairie Trace	Kansas City, Missouri-Kansas MSA	280	July 30, 2015
Retreat at West Creek II	Richmond, Virginia	4.4 acres	October 14, 2015
Cityscape at Market Center II	Dallas, Texas	318	November 19, 2015
The Denton	Kansas City, Missouri-Kansas MSA	55	December 17, 2015
The Denton II	Kansas City, Missouri-Kansas MSA	4.51 acres	December 17, 2015

The following chart shows our disposition activity for the year ended December 31, 2015:

Community	Location	Units/Sq. Ft./Acres	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
Westbury Creek	Augusta, Georgia	120	April 1, 2015
Woodwinds	Aiken, South Carolina	144	April 1, 2015
Colony at South Park	Aiken, South Carolina	184	April 1, 2015
Bradford Pointe	Augusta, Georgia	192	April 1, 2015
Colonial Promenade Craft Farms	Gulf Shores, Alabama	67,735 sq. ft.	April 28, 2015
Colonial Promenade Craft Farms outparcel	Gulf Shores, Alabama	0.23 acres	April 28, 2015
Anatole	Daytona Beach, Florida	208	April 29, 2015
Oaks	Jackson, Tennessee	100	April 29, 2015
Post House Jackson	Jackson, Tennessee	150	April 29, 2015
Woods of Post House	Jackson, Tennessee	122	April 29, 2015
Post House North	Jackson, Tennessee	145	April 29, 2015
Bradford Chase	Jackson, Tennessee	148	April 29, 2015
Sutton Place	Memphis, Tennessee MSA	253	April 29, 2015
Southland Station	Warner Robbins, Georgia	304	April 29, 2015
Huntington Chase	Warner Robbins, Georgia	200	April 29, 2015
Paddock Park	Ocala, Florida	480	April 29, 2015
Colonial Grand Wilmington	Wilmington, North Carolina	390	July 1, 2015
Savannah Creek	Memphis, Tennessee MSA	204	July 1, 2015
Whisperwood	Columbus, Georgia	1,008	July 1, 2015