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Subsequent Events Subsequent Events
3 Months Ended
Mar. 31, 2018
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
 Subsequent Events

On April 19, 2018, the Company closed on the disposition of a 29 acre land parcel located in the Las Vegas, Nevada market, for proceeds of $9.5 million, resulting in an expected net gain of $2.8 million on the sale of non-depreciable real estate assets. This land parcel was classified as held for sale as of March 31, 2018 as described in Note 1.

On April 26, 2018, the Company acquired a 374 unit multifamily apartment community, Sync36, located in Denver, Colorado.