XML 46 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Organization, Basis of Presentation, and Significant Accounting Policies (Details 2) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Accounting Policies [Abstract]                      
Minimum distribution of adjusted taxable income for deducting dividends from federally taxable income (as a percent)                 90.00%    
Minimum distribution of REIT taxable income for federal income tax exemption (as a percent)                 100.00%    
Income Tax Disclosure [Abstract]                      
Unrecognized tax benefits $ 0       $ 0       $ 0 $ 0  
Excise and Sales Taxes                 0 0 $ 0
Excise Tax Refund 0       0       0 0 0
Income tax expense                 141 305 1,483
Casualty and impairment loss (gain), net                 6,250 (3,935) (10,542)
Other than Temporary Impairment Losses, Investments                 0 0 0
Reconciliation of Income from Book Basis to Tax Basis Adjustment                      
Net income attributable to common stockholders 237,573 $ 238,248 $ 165,225 $ 235,875 242,235 $ 356,392 $ 197,444 $ 237,931 876,921 1,034,002 742,038
GAAP gain on sale of communities (in excess of) less than tax gain                 (85,873) (195,029) (20,900)
Depreciation/amortization timing differences on real estate                 11,868 (947) (24,657)
Amortization of debt/mark to market interest                 (17,430) (18,985) (64,676)
Tax compensation expense less than (in excess of) GAAP                 (3,828) 9,821 (1,244)
Casualty and impairment (gain) loss, net                 6,250 (657) (10,542)
Other adjustments                 (40,381) 11,533 (12,829)
Taxable net income                 $ 747,527 $ 839,738 $ 607,190
Tax components of common stock dividends declared                      
Ordinary income (as a percent)                 75.00% 68.00% 83.00%
20% capital gain (as a percent)                 18.00% 26.00% 12.00%
Capital gain tax rate (as a percent)                 20.00% 20.00% 20.00%
Unrecaptured 1250 gain (as a percent)                 7.00% 6.00% 5.00%
Unsecured notes                      
Deferred Financing Costs                      
Accumulated amortization of deferred finance costs 16,984       14,008       $ 16,984 $ 14,008  
Secured notes                      
Deferred Financing Costs                      
Accumulated amortization of deferred finance costs 4,991       10,562       4,991 10,562  
Line of Credit [Member]                      
Deferred Financing Costs                      
Accumulated amortization of deferred finance costs $ 8,299       $ 6,490       8,299 6,490  
Land [Member]                      
Income Tax Disclosure [Abstract]                      
Casualty and impairment loss (gain), net                 $ 9,350   $ 0
New England [Member]                      
Income Tax Disclosure [Abstract]                      
Casualty and impairment loss (gain), net                   (5,732)  
Deferred Financing Costs                      
Insurance Recoveries                   $ 8,493