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Real Estate Acquisitions and Dispositions Real Estate Acquisitions and Dispositions (Tables)
12 Months Ended
Dec. 31, 2016
Real Estate Acquisitions and Dispositions [Abstract]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
The following chart shows our acquisition activity, excluding properties acquired through the Merger, for the year ended December 31, 2016:

Community
 
Market
 
Units/Acres
 
Date Acquired
The Apartments at Cobblestone Square
 
Fredericksburg, Virginia
 
314
 
March 1, 2016
Residences at Fountainhead
 
Phoenix, Arizona
 
322
 
June 30, 2016
Yale at 6th
 
Houston, Texas
 
352
 
September 8, 2016
Innovation Apartment Homes
 
Greenville, South Carolina
 
336
 
September 22, 2016
1201 Midtown
 
Charleston, South Carolina
 
302
 
December 15, 2016


Disposal Groups, Including Discontinued Operations [Table Text Block]
The following chart shows our disposition activity for the year ended December 31, 2016:

Community
 
Market
 
Units/Sq. Ft./Acres
 
Date Sold
McKinney (1)
 
Dallas, Texas
 
30 acres
 
February 5, 2016
Colonial Promenade Nord du Lac
 
Covington, Louisiana
 
295,447 sq. ft.
 
March 28, 2016
Colonial Promenade Nord du Lac - Outparcels
 
Covington, Louisiana
 
25 acres
 
March 28, 2016
Colonial Grand at Heathrow - Adjacent Land Parcels
 
Orlando, Florida
 
11 acres
 
April 7, 2016
Land Title Building (2)
 
Birmingham, Alabama
 
29,971 sq. ft.
 
May 23, 2016
Colonial Promenade Huntsville - Outparcel
 
Huntsville, Alabama
 
1 acre
 
June 29, 2016
CG at Autumn Park
 
Greensboro, North Carolina
 
402
 
August 18, 2016
Corners at Crystal Lake
 
Winston-Salem, North Carolina
 
240
 
August 18, 2016
CV at Glen Eagles
 
Winston-Salem, North Carolina
 
310
 
August 18, 2016
CV at Mill Creek
 
Winston-Salem, North Carolina
 
220
 
August 18, 2016
Abbington Place
 
Huntsville, Alabama
 
152
 
September 13, 2016
CV at Stone Point
 
Charlotte, North Carolina
 
192
 
September 13, 2016
CV at Greystone
 
Charlotte, North Carolina
 
408
 
September 13, 2016
CV at Woodlake
 
Raleigh/Durham, North Carolina
 
266
 
November 17, 2016
CV at Tradewinds
 
Norfolk/Hampton/Virginia Beach, Virginia
 
284
 
November 17, 2016
CV Harbour Club
 
Norfolk/Hampton/Virginia Beach, Virginia
 
213
 
November 17, 2016
CV Main Park
 
Dallas, Texas
 
192
 
November 17, 2016
Lane at Towne Crossing
 
Dallas, Texas
 
384
 
November 17, 2016