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Fair Value (Details)
3 Months Ended 12 Months Ended
Dec. 31, 2020
USD ($)
derivative
Jun. 30, 2020
USD ($)
Mar. 31, 2020
USD ($)
Dec. 31, 2020
USD ($)
derivative
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
May 31, 2020
USD ($)
Feb. 29, 2020
USD ($)
Derivative instruments and Hedging Activities                
Derivative, Notional Amounts Settled During Period   $ 250,000,000 $ 350,000,000 $ 600,000,000        
Receipts (payments) for termination of forward interest rate swaps   $ (4,821,000) $ (20,314,000) (25,135,000) $ (12,309,000) $ 12,598,000    
(Loss) gain on cash flow hedges       (17,731,000) (11,930,000) 5,132,000    
Unrealized Gain (Loss) on Derivatives $ 2,894,000     2,894,000 0 $ 0    
Interest Rate Swap | Cash Flow Hedges Interest Rate Caps                
Derivative instruments and Hedging Activities                
Derivative, Notional Amount $ 150,000,000     $ 150,000,000        
Weighted average capped interest rate (as a percent) 0.70%     0.70%        
Derivative, notional amounts entered into during period       $ 150,000,000        
Interest Rate Caps                
Derivative instruments and Hedging Activities                
Number of derivative instruments held | derivative 10     10        
Interest Rate Caps | Interest Rate Caps                
Derivative instruments and Hedging Activities                
Derivative, Notional Amount $ 679,167,000     $ 679,167,000        
Weighted average interest rate (as a percent) 1.70%     1.70%        
Weighted average capped interest rate (as a percent) 6.40%     6.40%        
Unsecured Notes 2.30 Percent [Member]                
Derivative instruments and Hedging Activities                
Debt Instrument, Face Amount               $ 700,000,000
Unsecured Notes 2.45 Percent [Member]                
Derivative instruments and Hedging Activities                
Debt Instrument, Face Amount             $ 600,000,000  
Reclassification out of Accumulated Other Comprehensive Income                
Derivative instruments and Hedging Activities                
Gain (loss) reclassification from accumulated OCI to income, estimated net amount to be transferred       $ 9,467,000        
Avalon Brooklyn Bay                
Derivative instruments and Hedging Activities                
Due from Related Parties $ 3,645,000     $ 3,645,000 $ 10,650,000