XML 46 R34.htm IDEA: XBRL DOCUMENT v3.7.0.1
Investments in Real Estate Entities (Details)
$ in Thousands
3 Months Ended 6 Months Ended 15 Months Ended
Jun. 30, 2017
USD ($)
entity
Jun. 30, 2016
USD ($)
Jun. 30, 2017
USD ($)
entity
home
Jun. 30, 2016
USD ($)
Mar. 31, 2016
USD ($)
Dec. 31, 2016
USD ($)
Investment in Real Estate Entities            
Gain on sale of communities $ 0 $ 76,934 $ 29,447 $ 180,256    
Equity method investment, difference between carrying amount and underlying equity 36,789   36,789     $ 38,015
Other than temporary impairment losses, investments 0 0 0 0    
Accrued expenses and other liabilities 275,940   275,940     $ 274,676
Casualty and impairment (gain) loss, net $ 0 1,732 (11,688) 3,935    
New England            
Investment in Real Estate Entities            
Insurance recoveries   8,493   8,493    
Casualty loss   (2,761)   (2,761)    
Casualty and impairment (gain) loss, net   (5,732)   (5,732)    
Land            
Investment in Real Estate Entities            
Casualty and impairment (gain) loss, net   $ (4,000) $ (9,350) (10,500)    
Avalon at Edgewater            
Investment in Real Estate Entities            
Insurance recoveries       29,008 $ 73,150  
Casualty and impairment (gain) loss, net       $ 8,702    
Unconsolidated real estate entities            
Investment in Real Estate Entities            
Number of unconsolidated real estate entities | entity 5   5      
Unconsolidated real estate entities | Minimum            
Investment in Real Estate Entities            
Equity method investment, ownership percentage 20.00%   20.00%      
Unconsolidated real estate entities | Maximum            
Investment in Real Estate Entities            
Equity method investment, ownership percentage 31.30%   31.30%      
Avalon Bay Value Added Fund II LP            
Investment in Real Estate Entities            
Equity method investment, ownership percentage 31.30%   31.30%      
Percentage of right of distribution 20.00%   20.00%      
Percentage of right of remaining distribution 80.00%   80.00%      
Proceeds from equity method investment, dividends or distributions     $ 6,765      
Avalon Bay Value Added Fund II LP | Eaves Gaithersburg            
Investment in Real Estate Entities            
Number of apartment homes sold | home     684      
Proceeds from sale of real estate     $ 117,000      
Gain on sale of communities     8,697      
Repayments of secured mortgages     $ 63,200      
Sudbury            
Investment in Real Estate Entities            
Equity method investment, ownership percentage 60.00%   60.00%      
Land $ 19,200   $ 19,200