Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2017

Commitments and Contingencies Disclosure [Abstract]

Future Minimum Lease Payments Under Current Leases

The following table details the future minimum lease payments under the Company's current leases (dollars in thousands):

	Payments due by period
	2018		2019		2020		2021		2022		Thereafter
Operating Lease Obligations	$	21,051	$	21,064	$	18,781	$	20,162	$	20,057	$	1,052,808
Capital Lease Obligations (1) (2)	1,073		1,075		1,077		1,080		1,082		43,976
	$	22,124	$	22,139	$	19,858	$	21,242	$	21,139	$	1,096,784

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(1) Aggregate capital lease payments include $25,961 in interest costs, with the timing of certain lease payments for capital land leases determined by completion of the construction of the associated apartment community.

(2) Capital lease assets of $19,737 and $39,015 as of December 31, 2017 and 2016, respectively, are included as a component of land and improvements or building and improvements on the accompanying Consolidated Balance Sheets.