REAL ESTATE AND ACCUMULATED DEPRECIATION (Details) ft² in Thousands, $ in Thousands	Dec. 31, 2020 USD ($) home ft² residential_condominium	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2017 USD ($)
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	82,103
Initial Cost
Land and improvements	$ 4,642,330
Building / Construction in Progress & Improvements	16,221,983
Costs Subsequent to Acquisition / Construction	3,097,909
Total Cost
Land	4,642,330
Building / Construction in Progress & Improvements	19,319,892
Total	23,962,222	$ 23,606,872	$ 22,342,576	$ 21,935,936
Accumulated Depreciation	5,728,440	5,173,883	$ 4,611,646	$ 4,218,379
Total Cost, Net of Accumulated Depreciation	18,233,782	18,432,989
Encumbrances	$ 7,629,814
The Park Loggia [Member]
Total Cost
Number of residential units in development | residential_condominium	172
Retail square feet development | ft²	66
Current Communities
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	76,975
Initial Cost
Land and improvements	$ 4,204,414
Building / Construction in Progress & Improvements	15,449,619
Costs Subsequent to Acquisition / Construction	2,171,634
Total Cost
Land	4,204,414
Building / Construction in Progress & Improvements	17,621,253
Total	21,825,667
Accumulated Depreciation	5,658,853
Total Cost, Net of Accumulated Depreciation	16,166,814	16,582,216
Encumbrances	$ 879,814
Current Communities | Avalon at Lexington [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	198
Initial Cost
Land and improvements	$ 2,124
Building / Construction in Progress & Improvements	12,567
Costs Subsequent to Acquisition / Construction	13,086
Total Cost
Land	2,124
Building / Construction in Progress & Improvements	25,653
Total	27,777
Accumulated Depreciation	17,145
Total Cost, Net of Accumulated Depreciation	10,632	10,379
Encumbrances	$ 0
Current Communities | Avalon Oaks [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	204
Initial Cost
Land and improvements	$ 2,129
Building / Construction in Progress & Improvements	17,567
Costs Subsequent to Acquisition / Construction	7,097
Total Cost
Land	2,129
Building / Construction in Progress & Improvements	24,664
Total	26,793
Accumulated Depreciation	16,793
Total Cost, Net of Accumulated Depreciation	10,000	10,505
Encumbrances	$ 0
Current Communities | Eaves Quincy [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	245
Initial Cost
Land and improvements	$ 1,743
Building / Construction in Progress & Improvements	14,662
Costs Subsequent to Acquisition / Construction	12,135
Total Cost
Land	1,743
Building / Construction in Progress & Improvements	26,797
Total	28,540
Accumulated Depreciation	17,533
Total Cost, Net of Accumulated Depreciation	11,007	11,313
Encumbrances	$ 0
Current Communities | Avalon Oaks West [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	120
Initial Cost
Land and improvements	$ 3,318
Building / Construction in Progress & Improvements	13,465
Costs Subsequent to Acquisition / Construction	2,281
Total Cost
Land	3,318
Building / Construction in Progress & Improvements	15,746
Total	19,064
Accumulated Depreciation	9,971
Total Cost, Net of Accumulated Depreciation	9,093	9,471
Encumbrances	$ 0
Current Communities | Avalon at Newton Highlands [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	294
Initial Cost
Land and improvements	$ 10,905
Building / Construction in Progress & Improvements	45,547
Costs Subsequent to Acquisition / Construction	17,181
Total Cost
Land	10,905
Building / Construction in Progress & Improvements	62,728
Total	73,633
Accumulated Depreciation	33,615
Total Cost, Net of Accumulated Depreciation	40,018	42,916
Encumbrances	$ 0
Current Communities | Avalon at the Pinehills [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	192
Initial Cost
Land and improvements	$ 6,876
Building / Construction in Progress & Improvements	30,401
Costs Subsequent to Acquisition / Construction	4,211
Total Cost
Land	6,876
Building / Construction in Progress & Improvements	34,612
Total	41,488
Accumulated Depreciation	15,261
Total Cost, Net of Accumulated Depreciation	26,227	26,568
Encumbrances	$ 0
Current Communities | Eaves Peabody [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	286
Initial Cost
Land and improvements	$ 4,645
Building / Construction in Progress & Improvements	18,919
Costs Subsequent to Acquisition / Construction	15,548
Total Cost
Land	4,645
Building / Construction in Progress & Improvements	34,467
Total	39,112
Accumulated Depreciation	17,409
Total Cost, Net of Accumulated Depreciation	21,703	22,478
Encumbrances	$ 0
Current Communities | Avalon at Bedford Center [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	139
Initial Cost
Land and improvements	$ 4,258
Building / Construction in Progress & Improvements	20,551
Costs Subsequent to Acquisition / Construction	5,337
Total Cost
Land	4,258
Building / Construction in Progress & Improvements	25,888
Total	30,146
Accumulated Depreciation	12,523
Total Cost, Net of Accumulated Depreciation	17,623	17,853
Encumbrances	$ 0
Current Communities | Avalon at Chestnut Hill [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	204
Initial Cost
Land and improvements	$ 14,572
Building / Construction in Progress & Improvements	45,911
Costs Subsequent to Acquisition / Construction	12,756
Total Cost
Land	14,572
Building / Construction in Progress & Improvements	58,667
Total	73,239
Accumulated Depreciation	26,740
Total Cost, Net of Accumulated Depreciation	46,499	48,521
Encumbrances	$ 36,399
Current Communities | Avalon at Lexington Hills [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	387
Initial Cost
Land and improvements	$ 8,691
Building / Construction in Progress & Improvements	79,121
Costs Subsequent to Acquisition / Construction	14,396
Total Cost
Land	8,691
Building / Construction in Progress & Improvements	93,517
Total	102,208
Accumulated Depreciation	41,062
Total Cost, Net of Accumulated Depreciation	61,146	65,554
Encumbrances	$ 0
Current Communities | Avalon Acton [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	380
Initial Cost
Land and improvements	$ 13,124
Building / Construction in Progress & Improvements	48,695
Costs Subsequent to Acquisition / Construction	6,554
Total Cost
Land	13,124
Building / Construction in Progress & Improvements	55,249
Total	68,373
Accumulated Depreciation	23,793
Total Cost, Net of Accumulated Depreciation	44,580	45,774
Encumbrances	$ 45,000
Current Communities | Avalon at the Hingham Shipyard [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	235
Initial Cost
Land and improvements	$ 12,218
Building / Construction in Progress & Improvements	41,656
Costs Subsequent to Acquisition / Construction	10,189
Total Cost
Land	12,218
Building / Construction in Progress & Improvements	51,845
Total	64,063
Accumulated Depreciation	21,037
Total Cost, Net of Accumulated Depreciation	43,026	44,584
Encumbrances	$ 0
Current Communities | Avalon Sharon [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	156
Initial Cost
Land and improvements	$ 4,719
Building / Construction in Progress & Improvements	25,478
Costs Subsequent to Acquisition / Construction	5,498
Total Cost
Land	4,719
Building / Construction in Progress & Improvements	30,976
Total	35,695
Accumulated Depreciation	13,090
Total Cost, Net of Accumulated Depreciation	22,605	24,150
Encumbrances	$ 0
Current Communities | Avalon Northborough [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	382
Initial Cost
Land and improvements	$ 8,144
Building / Construction in Progress & Improvements	52,184
Costs Subsequent to Acquisition / Construction	4,937
Total Cost
Land	8,144
Building / Construction in Progress & Improvements	57,121
Total	65,265
Accumulated Depreciation	21,532
Total Cost, Net of Accumulated Depreciation	43,733	44,632
Encumbrances	$ 0
Current Communities | Avalon Exeter [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	187
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	110,028
Costs Subsequent to Acquisition / Construction	587
Total Cost
Land	0
Building / Construction in Progress & Improvements	110,615
Total	110,615
Accumulated Depreciation	25,549
Total Cost, Net of Accumulated Depreciation	85,066	88,811
Encumbrances	$ 0
Current Communities | Avalon Natick [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	407
Initial Cost
Land and improvements	$ 15,645
Building / Construction in Progress & Improvements	64,845
Costs Subsequent to Acquisition / Construction	931
Total Cost
Land	15,645
Building / Construction in Progress & Improvements	65,776
Total	81,421
Accumulated Depreciation	17,499
Total Cost, Net of Accumulated Depreciation	63,922	65,755
Encumbrances	$ 0
Current Communities | Avalon at Assembly Row [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	195
Initial Cost
Land and improvements	$ 8,599
Building / Construction in Progress & Improvements	52,454
Costs Subsequent to Acquisition / Construction	610
Total Cost
Land	8,599
Building / Construction in Progress & Improvements	53,064
Total	61,663
Accumulated Depreciation	12,462
Total Cost, Net of Accumulated Depreciation	49,201	50,793
Encumbrances	$ 0
Current Communities | AVA Somerville [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	250
Initial Cost
Land and improvements	$ 10,944
Building / Construction in Progress & Improvements	56,460
Costs Subsequent to Acquisition / Construction	516
Total Cost
Land	10,944
Building / Construction in Progress & Improvements	56,976
Total	67,920
Accumulated Depreciation	12,370
Total Cost, Net of Accumulated Depreciation	55,550	57,350
Encumbrances	$ 0
Current Communities | AVA Back Bay [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	271
Initial Cost
Land and improvements	$ 9,034
Building / Construction in Progress & Improvements	36,540
Costs Subsequent to Acquisition / Construction	51,869
Total Cost
Land	9,034
Building / Construction in Progress & Improvements	88,409
Total	97,443
Accumulated Depreciation	43,310
Total Cost, Net of Accumulated Depreciation	54,133	56,613
Encumbrances	$ 0
Current Communities | Avalon at Prudential Center II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	266
Initial Cost
Land and improvements	$ 8,776
Building / Construction in Progress & Improvements	35,496
Costs Subsequent to Acquisition / Construction	63,118
Total Cost
Land	8,776
Building / Construction in Progress & Improvements	98,614
Total	107,390
Accumulated Depreciation	42,832
Total Cost, Net of Accumulated Depreciation	64,558	66,259
Encumbrances	$ 0
Current Communities | Avalon at Prudential Center I [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	243
Initial Cost
Land and improvements	$ 8,002
Building / Construction in Progress & Improvements	32,370
Costs Subsequent to Acquisition / Construction	53,105
Total Cost
Land	8,002
Building / Construction in Progress & Improvements	85,475
Total	93,477
Accumulated Depreciation	37,266
Total Cost, Net of Accumulated Depreciation	56,211	58,745
Encumbrances	$ 0
Current Communities | Eaves Burlington [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	203
Initial Cost
Land and improvements	$ 7,714
Building / Construction in Progress & Improvements	32,499
Costs Subsequent to Acquisition / Construction	7,663
Total Cost
Land	7,714
Building / Construction in Progress & Improvements	40,162
Total	47,876
Accumulated Depreciation	11,251
Total Cost, Net of Accumulated Depreciation	36,625	37,640
Encumbrances	$ 0
Current Communities | AVA Theater District [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	398
Initial Cost
Land and improvements	$ 17,072
Building / Construction in Progress & Improvements	163,633
Costs Subsequent to Acquisition / Construction	341
Total Cost
Land	17,072
Building / Construction in Progress & Improvements	163,974
Total	181,046
Accumulated Depreciation	30,786
Total Cost, Net of Accumulated Depreciation	150,260	155,934
Encumbrances	$ 0
Current Communities | Avalon Burlington [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	312
Initial Cost
Land and improvements	$ 15,600
Building / Construction in Progress & Improvements	60,649
Costs Subsequent to Acquisition / Construction	17,159
Total Cost
Land	15,600
Building / Construction in Progress & Improvements	77,808
Total	93,408
Accumulated Depreciation	22,048
Total Cost, Net of Accumulated Depreciation	71,360	74,002
Encumbrances	$ 0
Current Communities | Avalon Marlborough [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	350
Initial Cost
Land and improvements	$ 15,367
Building / Construction in Progress & Improvements	60,397
Costs Subsequent to Acquisition / Construction	641
Total Cost
Land	15,367
Building / Construction in Progress & Improvements	61,038
Total	76,405
Accumulated Depreciation	12,057
Total Cost, Net of Accumulated Depreciation	64,348	66,420
Encumbrances	$ 0
Current Communities | Avalon North Station [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	503
Initial Cost
Land and improvements	$ 22,796
Building / Construction in Progress & Improvements	247,270
Costs Subsequent to Acquisition / Construction	777
Total Cost
Land	22,796
Building / Construction in Progress & Improvements	248,047
Total	270,843
Accumulated Depreciation	32,110
Total Cost, Net of Accumulated Depreciation	238,733	247,196
Encumbrances	$ 0
Current Communities | Avalon Framingham [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	180
Initial Cost
Land and improvements	$ 9,315
Building / Construction in Progress & Improvements	34,631
Costs Subsequent to Acquisition / Construction	13
Total Cost
Land	9,315
Building / Construction in Progress & Improvements	34,644
Total	43,959
Accumulated Depreciation	6,511
Total Cost, Net of Accumulated Depreciation	37,448	38,701
Encumbrances	$ 0
Current Communities | Avalon Quincy [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	395
Initial Cost
Land and improvements	$ 14,694
Building / Construction in Progress & Improvements	79,655
Costs Subsequent to Acquisition / Construction	14
Total Cost
Land	14,694
Building / Construction in Progress & Improvements	79,669
Total	94,363
Accumulated Depreciation	11,728
Total Cost, Net of Accumulated Depreciation	82,635	84,923
Encumbrances	$ 0
Current Communities | Avalon Bear Hill [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	324
Initial Cost
Land and improvements	$ 27,350
Building / Construction in Progress & Improvements	94,168
Costs Subsequent to Acquisition / Construction	29,528
Total Cost
Land	27,350
Building / Construction in Progress & Improvements	123,696
Total	151,046
Accumulated Depreciation	37,513
Total Cost, Net of Accumulated Depreciation	113,533	117,841
Encumbrances	$ 0
Current Communities | Avalon at Center Place [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	225
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	26,816
Costs Subsequent to Acquisition / Construction	19,569
Total Cost
Land	0
Building / Construction in Progress & Improvements	46,385
Total	46,385
Accumulated Depreciation	30,843
Total Cost, Net of Accumulated Depreciation	15,542	16,512
Encumbrances	$ 0
Current Communities | Avalon Wilton on River Rd [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	102
Initial Cost
Land and improvements	$ 2,116
Building / Construction in Progress & Improvements	14,664
Costs Subsequent to Acquisition / Construction	7,411
Total Cost
Land	2,116
Building / Construction in Progress & Improvements	22,075
Total	24,191
Accumulated Depreciation	14,686
Total Cost, Net of Accumulated Depreciation	9,505	10,193
Encumbrances	$ 0
Current Communities | Avalon New Canaan [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	104
Initial Cost
Land and improvements	$ 4,834
Building / Construction in Progress & Improvements	22,990
Costs Subsequent to Acquisition / Construction	6,710
Total Cost
Land	4,834
Building / Construction in Progress & Improvements	29,700
Total	34,534
Accumulated Depreciation	16,734
Total Cost, Net of Accumulated Depreciation	17,800	18,780
Encumbrances	$ 0
Current Communities | Avalon Darien [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	189
Initial Cost
Land and improvements	$ 6,926
Building / Construction in Progress & Improvements	34,558
Costs Subsequent to Acquisition / Construction	9,401
Total Cost
Land	6,926
Building / Construction in Progress & Improvements	43,959
Total	50,885
Accumulated Depreciation	23,024
Total Cost, Net of Accumulated Depreciation	27,861	29,263
Encumbrances	$ 0
Current Communities | Avalon Norwalk [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	311
Initial Cost
Land and improvements	$ 11,320
Building / Construction in Progress & Improvements	62,904
Costs Subsequent to Acquisition / Construction	1,762
Total Cost
Land	11,320
Building / Construction in Progress & Improvements	64,666
Total	75,986
Accumulated Depreciation	22,877
Total Cost, Net of Accumulated Depreciation	53,109	54,892
Encumbrances	$ 0
Current Communities | Avalon East Norwalk [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	240
Initial Cost
Land and improvements	$ 10,395
Building / Construction in Progress & Improvements	36,451
Costs Subsequent to Acquisition / Construction	486
Total Cost
Land	10,395
Building / Construction in Progress & Improvements	36,937
Total	47,332
Accumulated Depreciation	9,840
Total Cost, Net of Accumulated Depreciation	37,492	38,771
Encumbrances	$ 0
Current Communities | Avalon Riverview [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	372
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	94,061
Costs Subsequent to Acquisition / Construction	12,153
Total Cost
Land	0
Building / Construction in Progress & Improvements	106,214
Total	106,214
Accumulated Depreciation	66,956
Total Cost, Net of Accumulated Depreciation	39,258	42,922
Encumbrances	$ 0
Current Communities | Avalon Riverview North [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	602
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	165,954
Costs Subsequent to Acquisition / Construction	15,704
Total Cost
Land	0
Building / Construction in Progress & Improvements	181,658
Total	181,658
Accumulated Depreciation	78,907
Total Cost, Net of Accumulated Depreciation	102,751	108,866
Encumbrances	$ 0
Current Communities | Avalon Fort Greene [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	631
Initial Cost
Land and improvements	$ 83,038
Building / Construction in Progress & Improvements	216,802
Costs Subsequent to Acquisition / Construction	7,957
Total Cost
Land	83,038
Building / Construction in Progress & Improvements	224,759
Total	307,797
Accumulated Depreciation	80,404
Total Cost, Net of Accumulated Depreciation	227,393	230,971
Encumbrances	$ 0
Current Communities | AVA DoBro [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	500
Initial Cost
Land and improvements	$ 76,127
Building / Construction in Progress & Improvements	206,955
Costs Subsequent to Acquisition / Construction	184
Total Cost
Land	76,127
Building / Construction in Progress & Improvements	207,139
Total	283,266
Accumulated Depreciation	34,745
Total Cost, Net of Accumulated Depreciation	248,521	259,093
Encumbrances	$ 0
Current Communities | Avalon Willoughby Square [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	326
Initial Cost
Land and improvements	$ 49,635
Building / Construction in Progress & Improvements	134,935
Costs Subsequent to Acquisition / Construction	89
Total Cost
Land	49,635
Building / Construction in Progress & Improvements	135,024
Total	184,659
Accumulated Depreciation	20,414
Total Cost, Net of Accumulated Depreciation	164,245	168,970
Encumbrances	$ 0
Current Communities | Avalon Brooklyn Bay
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	180
Initial Cost
Land and improvements	$ 18,310
Building / Construction in Progress & Improvements	74,344
Costs Subsequent to Acquisition / Construction	263
Total Cost
Land	18,310
Building / Construction in Progress & Improvements	74,607
Total	92,917
Accumulated Depreciation	10,961
Total Cost, Net of Accumulated Depreciation	81,956	85,531
Encumbrances	$ 0
Current Communities | Avalon Midtown West [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	550
Initial Cost
Land and improvements	$ 154,730
Building / Construction in Progress & Improvements	180,253
Costs Subsequent to Acquisition / Construction	47,906
Total Cost
Land	154,730
Building / Construction in Progress & Improvements	228,159
Total	382,889
Accumulated Depreciation	62,877
Total Cost, Net of Accumulated Depreciation	320,012	321,720
Encumbrances	$ 93,500
Current Communities | Avalon Clinton North [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	339
Initial Cost
Land and improvements	$ 84,069
Building / Construction in Progress & Improvements	105,821
Costs Subsequent to Acquisition / Construction	12,891
Total Cost
Land	84,069
Building / Construction in Progress & Improvements	118,712
Total	202,781
Accumulated Depreciation	35,382
Total Cost, Net of Accumulated Depreciation	167,399	170,860
Encumbrances	$ 147,000
Current Communities | Avalon Clinton South [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	288
Initial Cost
Land and improvements	$ 71,421
Building / Construction in Progress & Improvements	89,851
Costs Subsequent to Acquisition / Construction	7,469
Total Cost
Land	71,421
Building / Construction in Progress & Improvements	97,320
Total	168,741
Accumulated Depreciation	30,009
Total Cost, Net of Accumulated Depreciation	138,732	141,704
Encumbrances	$ 121,500
Current Communities | Avalon Commons [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	312
Initial Cost
Land and improvements	$ 4,679
Building / Construction in Progress & Improvements	28,286
Costs Subsequent to Acquisition / Construction	8,010
Total Cost
Land	4,679
Building / Construction in Progress & Improvements	36,296
Total	40,975
Accumulated Depreciation	26,396
Total Cost, Net of Accumulated Depreciation	14,579	15,021
Encumbrances	$ 0
Current Communities | Avalon Green I [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	105
Initial Cost
Land and improvements	$ 1,820
Building / Construction in Progress & Improvements	10,525
Costs Subsequent to Acquisition / Construction	7,878
Total Cost
Land	1,820
Building / Construction in Progress & Improvements	18,403
Total	20,223
Accumulated Depreciation	11,815
Total Cost, Net of Accumulated Depreciation	8,408	9,011
Encumbrances	$ 0
Current Communities | Avalon Willow [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	229
Initial Cost
Land and improvements	$ 6,207
Building / Construction in Progress & Improvements	40,791
Costs Subsequent to Acquisition / Construction	16,119
Total Cost
Land	6,207
Building / Construction in Progress & Improvements	56,910
Total	63,117
Accumulated Depreciation	33,090
Total Cost, Net of Accumulated Depreciation	30,027	31,880
Encumbrances	$ 0
Current Communities | Avalon Bronxville [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	110
Initial Cost
Land and improvements	$ 2,889
Building / Construction in Progress & Improvements	28,324
Costs Subsequent to Acquisition / Construction	9,026
Total Cost
Land	2,889
Building / Construction in Progress & Improvements	37,350
Total	40,239
Accumulated Depreciation	23,789
Total Cost, Net of Accumulated Depreciation	16,450	17,679
Encumbrances	$ 0
Current Communities | Avalon at Glen Cove [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	256
Initial Cost
Land and improvements	$ 7,871
Building / Construction in Progress & Improvements	59,969
Costs Subsequent to Acquisition / Construction	5,909
Total Cost
Land	7,871
Building / Construction in Progress & Improvements	65,878
Total	73,749
Accumulated Depreciation	36,817
Total Cost, Net of Accumulated Depreciation	36,932	39,003
Encumbrances	$ 0
Current Communities | Avalon Glen Cove North [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	111
Initial Cost
Land and improvements	$ 2,577
Building / Construction in Progress & Improvements	37,336
Costs Subsequent to Acquisition / Construction	909
Total Cost
Land	2,577
Building / Construction in Progress & Improvements	38,245
Total	40,822
Accumulated Depreciation	17,877
Total Cost, Net of Accumulated Depreciation	22,945	24,245
Encumbrances	$ 0
Current Communities | Avalon White Plains [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	407
Initial Cost
Land and improvements	$ 15,391
Building / Construction in Progress & Improvements	137,353
Costs Subsequent to Acquisition / Construction	2,223
Total Cost
Land	15,391
Building / Construction in Progress & Improvements	139,576
Total	154,967
Accumulated Depreciation	55,731
Total Cost, Net of Accumulated Depreciation	99,236	103,560
Encumbrances	$ 0
Current Communities | Avalon Rockville Centre I [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	349
Initial Cost
Land and improvements	$ 32,212
Building / Construction in Progress & Improvements	78,806
Costs Subsequent to Acquisition / Construction	6,794
Total Cost
Land	32,212
Building / Construction in Progress & Improvements	85,600
Total	117,812
Accumulated Depreciation	27,871
Total Cost, Net of Accumulated Depreciation	89,941	92,738
Encumbrances	$ 0
Current Communities | Avalon Green II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	444
Initial Cost
Land and improvements	$ 27,765
Building / Construction in Progress & Improvements	77,560
Costs Subsequent to Acquisition / Construction	2,962
Total Cost
Land	27,765
Building / Construction in Progress & Improvements	80,522
Total	108,287
Accumulated Depreciation	24,407
Total Cost, Net of Accumulated Depreciation	83,880	86,207
Encumbrances	$ 0
Current Communities | Avalon Garden City [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	204
Initial Cost
Land and improvements	$ 18,205
Building / Construction in Progress & Improvements	49,326
Costs Subsequent to Acquisition / Construction	941
Total Cost
Land	18,205
Building / Construction in Progress & Improvements	50,267
Total	68,472
Accumulated Depreciation	14,885
Total Cost, Net of Accumulated Depreciation	53,587	55,172
Encumbrances	$ 0
Current Communities | Avalon Ossining [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	168
Initial Cost
Land and improvements	$ 6,392
Building / Construction in Progress & Improvements	30,313
Costs Subsequent to Acquisition / Construction	404
Total Cost
Land	6,392
Building / Construction in Progress & Improvements	30,717
Total	37,109
Accumulated Depreciation	7,421
Total Cost, Net of Accumulated Depreciation	29,688	30,465
Encumbrances	$ 0
Current Communities | Avalon Huntington Station [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	303
Initial Cost
Land and improvements	$ 21,899
Building / Construction in Progress & Improvements	58,437
Costs Subsequent to Acquisition / Construction	266
Total Cost
Land	21,899
Building / Construction in Progress & Improvements	58,703
Total	80,602
Accumulated Depreciation	13,467
Total Cost, Net of Accumulated Depreciation	67,135	69,236
Encumbrances	$ 0
Current Communities | Avalon Green III [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	68
Initial Cost
Land and improvements	$ 4,985
Building / Construction in Progress & Improvements	17,300
Costs Subsequent to Acquisition / Construction	183
Total Cost
Land	4,985
Building / Construction in Progress & Improvements	17,483
Total	22,468
Accumulated Depreciation	3,122
Total Cost, Net of Accumulated Depreciation	19,346	19,984
Encumbrances	$ 0
Current Communities | Avalon Great Neck [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	191
Initial Cost
Land and improvements	$ 14,777
Building / Construction in Progress & Improvements	65,505
Costs Subsequent to Acquisition / Construction	16
Total Cost
Land	14,777
Building / Construction in Progress & Improvements	65,521
Total	80,298
Accumulated Depreciation	9,029
Total Cost, Net of Accumulated Depreciation	71,269	74,002
Encumbrances	$ 0
Current Communities | Avalon Rockville Centre II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	165
Initial Cost
Land and improvements	$ 7,534
Building / Construction in Progress & Improvements	50,983
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	7,534
Building / Construction in Progress & Improvements	50,983
Total	58,517
Accumulated Depreciation	6,604
Total Cost, Net of Accumulated Depreciation	51,913	54,008
Encumbrances	$ 0
Current Communities | Avalon Somers [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	152
Initial Cost
Land and improvements	$ 5,608
Building / Construction in Progress & Improvements	40,591
Costs Subsequent to Acquisition / Construction	24
Total Cost
Land	5,608
Building / Construction in Progress & Improvements	40,615
Total	46,223
Accumulated Depreciation	5,169
Total Cost, Net of Accumulated Depreciation	41,054	42,538
Encumbrances	$ 0
Current Communities | Avalon Westbury [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	396
Initial Cost
Land and improvements	$ 69,620
Building / Construction in Progress & Improvements	43,781
Costs Subsequent to Acquisition / Construction	13,323
Total Cost
Land	69,620
Building / Construction in Progress & Improvements	57,104
Total	126,724
Accumulated Depreciation	23,188
Total Cost, Net of Accumulated Depreciation	103,536	105,632
Encumbrances	$ 74,370
Current Communities | Avalon Cove [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	504
Initial Cost
Land and improvements	$ 8,760
Building / Construction in Progress & Improvements	82,422
Costs Subsequent to Acquisition / Construction	29,303
Total Cost
Land	8,760
Building / Construction in Progress & Improvements	111,725
Total	120,485
Accumulated Depreciation	76,960
Total Cost, Net of Accumulated Depreciation	43,525	45,546
Encumbrances	$ 0
Current Communities | Eaves Lawrenceville [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	632
Initial Cost
Land and improvements	$ 14,650
Building / Construction in Progress & Improvements	60,486
Costs Subsequent to Acquisition / Construction	13,893
Total Cost
Land	14,650
Building / Construction in Progress & Improvements	74,379
Total	89,029
Accumulated Depreciation	41,003
Total Cost, Net of Accumulated Depreciation	48,026	50,285
Encumbrances	$ 0
Current Communities | Avalon Princeton Junction [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	512
Initial Cost
Land and improvements	$ 5,585
Building / Construction in Progress & Improvements	22,382
Costs Subsequent to Acquisition / Construction	26,214
Total Cost
Land	5,585
Building / Construction in Progress & Improvements	48,596
Total	54,181
Accumulated Depreciation	31,307
Total Cost, Net of Accumulated Depreciation	22,874	23,620
Encumbrances	$ 0
Current Communities | Avalon at Edgewater
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	168
Initial Cost
Land and improvements	$ 5,982
Building / Construction in Progress & Improvements	24,389
Costs Subsequent to Acquisition / Construction	9,615
Total Cost
Land	5,982
Building / Construction in Progress & Improvements	34,004
Total	39,986
Accumulated Depreciation	19,783
Total Cost, Net of Accumulated Depreciation	20,203	21,621
Encumbrances	$ 0
Current Communities | Avalon at Florham Park [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	270
Initial Cost
Land and improvements	$ 6,647
Building / Construction in Progress & Improvements	34,906
Costs Subsequent to Acquisition / Construction	16,440
Total Cost
Land	6,647
Building / Construction in Progress & Improvements	51,346
Total	57,993
Accumulated Depreciation	29,412
Total Cost, Net of Accumulated Depreciation	28,581	30,831
Encumbrances	$ 0
Current Communities | Avalon West Long Branch [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	180
Initial Cost
Land and improvements	$ 2,721
Building / Construction in Progress & Improvements	22,925
Costs Subsequent to Acquisition / Construction	478
Total Cost
Land	2,721
Building / Construction in Progress & Improvements	23,403
Total	26,124
Accumulated Depreciation	8,433
Total Cost, Net of Accumulated Depreciation	17,691	18,427
Encumbrances	$ 0
Current Communities | Avalon North Bergen [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	164
Initial Cost
Land and improvements	$ 8,984
Building / Construction in Progress & Improvements	30,994
Costs Subsequent to Acquisition / Construction	1,048
Total Cost
Land	8,984
Building / Construction in Progress & Improvements	32,042
Total	41,026
Accumulated Depreciation	9,834
Total Cost, Net of Accumulated Depreciation	31,192	32,177
Encumbrances	$ 0
Current Communities | Avalon at Wesmont Station I [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	266
Initial Cost
Land and improvements	$ 14,682
Building / Construction in Progress & Improvements	41,635
Costs Subsequent to Acquisition / Construction	2,139
Total Cost
Land	14,682
Building / Construction in Progress & Improvements	43,774
Total	58,456
Accumulated Depreciation	13,243
Total Cost, Net of Accumulated Depreciation	45,213	46,598
Encumbrances	$ 0
Current Communities | Avalon Hackensack at Riverside [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	226
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	44,619
Costs Subsequent to Acquisition / Construction	1,071
Total Cost
Land	0
Building / Construction in Progress & Improvements	45,690
Total	45,690
Accumulated Depreciation	12,139
Total Cost, Net of Accumulated Depreciation	33,551	34,886
Encumbrances	$ 0
Current Communities | Avalon at Wesmont Station II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	140
Initial Cost
Land and improvements	$ 6,502
Building / Construction in Progress & Improvements	16,863
Costs Subsequent to Acquisition / Construction	337
Total Cost
Land	6,502
Building / Construction in Progress & Improvements	17,200
Total	23,702
Accumulated Depreciation	4,757
Total Cost, Net of Accumulated Depreciation	18,945	19,356
Encumbrances	$ 0
Current Communities | Avalon Bloomingdale [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	174
Initial Cost
Land and improvements	$ 3,006
Building / Construction in Progress & Improvements	27,801
Costs Subsequent to Acquisition / Construction	200
Total Cost
Land	3,006
Building / Construction in Progress & Improvements	28,001
Total	31,007
Accumulated Depreciation	7,193
Total Cost, Net of Accumulated Depreciation	23,814	24,777
Encumbrances	$ 0
Current Communities | Avalon Wharton [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	247
Initial Cost
Land and improvements	$ 2,273
Building / Construction in Progress & Improvements	48,609
Costs Subsequent to Acquisition / Construction	509
Total Cost
Land	2,273
Building / Construction in Progress & Improvements	49,118
Total	51,391
Accumulated Depreciation	10,444
Total Cost, Net of Accumulated Depreciation	40,947	42,380
Encumbrances	$ 0
Current Communities | Avalon Bloomfield Station
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	224
Initial Cost
Land and improvements	$ 10,701
Building / Construction in Progress & Improvements	36,513
Costs Subsequent to Acquisition / Construction	63
Total Cost
Land	10,701
Building / Construction in Progress & Improvements	36,576
Total	47,277
Accumulated Depreciation	7,359
Total Cost, Net of Accumulated Depreciation	39,918	41,287
Encumbrances	$ 0
Current Communities | Avalon Roseland [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	136
Initial Cost
Land and improvements	$ 11,288
Building / Construction in Progress & Improvements	34,868
Costs Subsequent to Acquisition / Construction	55
Total Cost
Land	11,288
Building / Construction in Progress & Improvements	34,923
Total	46,211
Accumulated Depreciation	7,027
Total Cost, Net of Accumulated Depreciation	39,184	40,439
Encumbrances	$ 0
Current Communities | Avalon Princeton [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	280
Initial Cost
Land and improvements	$ 26,461
Building / Construction in Progress & Improvements	68,003
Costs Subsequent to Acquisition / Construction	717
Total Cost
Land	26,461
Building / Construction in Progress & Improvements	68,720
Total	95,181
Accumulated Depreciation	10,260
Total Cost, Net of Accumulated Depreciation	84,921	87,418
Encumbrances	$ 0
Current Communities | Avalon Union [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	202
Initial Cost
Land and improvements	$ 11,695
Building / Construction in Progress & Improvements	36,315
Costs Subsequent to Acquisition / Construction	72
Total Cost
Land	11,695
Building / Construction in Progress & Improvements	36,387
Total	48,082
Accumulated Depreciation	6,416
Total Cost, Net of Accumulated Depreciation	41,666	43,002
Encumbrances	$ 0
Current Communities | Avalon Hoboken [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	217
Initial Cost
Land and improvements	$ 37,237
Building / Construction in Progress & Improvements	90,475
Costs Subsequent to Acquisition / Construction	6,316
Total Cost
Land	37,237
Building / Construction in Progress & Improvements	96,791
Total	134,028
Accumulated Depreciation	21,972
Total Cost, Net of Accumulated Depreciation	112,056	115,062
Encumbrances	$ 0
Current Communities | Avalon Maplewood
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	235
Initial Cost
Land and improvements	$ 15,179
Building / Construction in Progress & Improvements	49,556
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	15,179
Building / Construction in Progress & Improvements	49,556
Total	64,735
Accumulated Depreciation	6,277
Total Cost, Net of Accumulated Depreciation	58,458	60,644
Encumbrances	$ 0
Current Communities | Avalon at Edgewater II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	240
Initial Cost
Land and improvements	$ 8,605
Building / Construction in Progress & Improvements	60,809
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	8,605
Building / Construction in Progress & Improvements	60,809
Total	69,414
Accumulated Depreciation	6,220
Total Cost, Net of Accumulated Depreciation	63,194	65,247
Encumbrances	$ 0
Current Communities | Avalon at Foxhall [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	308
Initial Cost
Land and improvements	$ 6,848
Building / Construction in Progress & Improvements	27,614
Costs Subsequent to Acquisition / Construction	19,628
Total Cost
Land	6,848
Building / Construction in Progress & Improvements	47,242
Total	54,090
Accumulated Depreciation	35,637
Total Cost, Net of Accumulated Depreciation	18,453	18,459
Encumbrances	$ 0
Current Communities | Avalon at Gallery Place [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	203
Initial Cost
Land and improvements	$ 8,800
Building / Construction in Progress & Improvements	39,658
Costs Subsequent to Acquisition / Construction	3,720
Total Cost
Land	8,800
Building / Construction in Progress & Improvements	43,378
Total	52,178
Accumulated Depreciation	25,889
Total Cost, Net of Accumulated Depreciation	26,289	27,288
Encumbrances	$ 0
Current Communities | AVA H Street [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	138
Initial Cost
Land and improvements	$ 7,425
Building / Construction in Progress & Improvements	25,282
Costs Subsequent to Acquisition / Construction	199
Total Cost
Land	7,425
Building / Construction in Progress & Improvements	25,481
Total	32,906
Accumulated Depreciation	7,592
Total Cost, Net of Accumulated Depreciation	25,314	26,176
Encumbrances	$ 0
Current Communities | Avalon The Albemarle [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	234
Initial Cost
Land and improvements	$ 25,140
Building / Construction in Progress & Improvements	52,459
Costs Subsequent to Acquisition / Construction	9,046
Total Cost
Land	25,140
Building / Construction in Progress & Improvements	61,505
Total	86,645
Accumulated Depreciation	20,065
Total Cost, Net of Accumulated Depreciation	66,580	68,693
Encumbrances	$ 0
Current Communities | Eaves Tunlaw Gardens [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	166
Initial Cost
Land and improvements	$ 16,430
Building / Construction in Progress & Improvements	22,902
Costs Subsequent to Acquisition / Construction	2,532
Total Cost
Land	16,430
Building / Construction in Progress & Improvements	25,434
Total	41,864
Accumulated Depreciation	8,414
Total Cost, Net of Accumulated Depreciation	33,450	34,310
Encumbrances	$ 0
Current Communities | The Statesman [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	281
Initial Cost
Land and improvements	$ 38,140
Building / Construction in Progress & Improvements	35,352
Costs Subsequent to Acquisition / Construction	5,564
Total Cost
Land	38,140
Building / Construction in Progress & Improvements	40,916
Total	79,056
Accumulated Depreciation	14,346
Total Cost, Net of Accumulated Depreciation	64,710	65,908
Encumbrances	$ 0
Current Communities | Eaves Glover Park [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	120
Initial Cost
Land and improvements	$ 9,580
Building / Construction in Progress & Improvements	26,532
Costs Subsequent to Acquisition / Construction	2,651
Total Cost
Land	9,580
Building / Construction in Progress & Improvements	29,183
Total	38,763
Accumulated Depreciation	9,843
Total Cost, Net of Accumulated Depreciation	28,920	29,891
Encumbrances	$ 0
Current Communities | AVA Van Ness [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	269
Initial Cost
Land and improvements	$ 22,890
Building / Construction in Progress & Improvements	58,691
Costs Subsequent to Acquisition / Construction	21,816
Total Cost
Land	22,890
Building / Construction in Progress & Improvements	80,507
Total	103,397
Accumulated Depreciation	22,068
Total Cost, Net of Accumulated Depreciation	81,329	82,670
Encumbrances	$ 0
Current Communities | Avalon First and M [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	469
Initial Cost
Land and improvements	$ 43,700
Building / Construction in Progress & Improvements	153,950
Costs Subsequent to Acquisition / Construction	4,143
Total Cost
Land	43,700
Building / Construction in Progress & Improvements	158,093
Total	201,793
Accumulated Depreciation	45,061
Total Cost, Net of Accumulated Depreciation	156,732	161,867
Encumbrances	$ 0
Current Communities | AVA NoMa [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	438
Initial Cost
Land and improvements	$ 25,246
Building / Construction in Progress & Improvements	114,933
Costs Subsequent to Acquisition / Construction	815
Total Cost
Land	25,246
Building / Construction in Progress & Improvements	115,748
Total	140,994
Accumulated Depreciation	17,048
Total Cost, Net of Accumulated Depreciation	123,946	128,637
Encumbrances	$ 0
Current Communities | Eaves Washingtonian Center [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	288
Initial Cost
Land and improvements	$ 4,047
Building / Construction in Progress & Improvements	18,553
Costs Subsequent to Acquisition / Construction	4,910
Total Cost
Land	4,047
Building / Construction in Progress & Improvements	23,463
Total	27,510
Accumulated Depreciation	17,544
Total Cost, Net of Accumulated Depreciation	9,966	10,482
Encumbrances	$ 0
Current Communities | Eaves Columbia Town Center [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	392
Initial Cost
Land and improvements	$ 8,802
Building / Construction in Progress & Improvements	35,536
Costs Subsequent to Acquisition / Construction	13,210
Total Cost
Land	8,802
Building / Construction in Progress & Improvements	48,746
Total	57,548
Accumulated Depreciation	25,984
Total Cost, Net of Accumulated Depreciation	31,564	32,794
Encumbrances	$ 0
Current Communities | Avalon at Grosvenor Station [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	497
Initial Cost
Land and improvements	$ 29,159
Building / Construction in Progress & Improvements	52,993
Costs Subsequent to Acquisition / Construction	5,816
Total Cost
Land	29,159
Building / Construction in Progress & Improvements	58,809
Total	87,968
Accumulated Depreciation	33,621
Total Cost, Net of Accumulated Depreciation	54,347	54,793
Encumbrances	$ 0
Current Communities | Avalon at Traville [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	520
Initial Cost
Land and improvements	$ 14,365
Building / Construction in Progress & Improvements	55,398
Costs Subsequent to Acquisition / Construction	7,071
Total Cost
Land	14,365
Building / Construction in Progress & Improvements	62,469
Total	76,834
Accumulated Depreciation	35,479
Total Cost, Net of Accumulated Depreciation	41,355	42,541
Encumbrances	$ 0
Current Communities | AVA Wheaton [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	319
Initial Cost
Land and improvements	$ 6,494
Building / Construction in Progress & Improvements	69,027
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	6,494
Building / Construction in Progress & Improvements	69,027
Total	75,521
Accumulated Depreciation	8,945
Total Cost, Net of Accumulated Depreciation	66,576	69,508
Encumbrances	$ 0
Current Communities | Avalon Hunt Valley [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	332
Initial Cost
Land and improvements	$ 10,872
Building / Construction in Progress & Improvements	62,992
Costs Subsequent to Acquisition / Construction	43
Total Cost
Land	10,872
Building / Construction in Progress & Improvements	63,035
Total	73,907
Accumulated Depreciation	9,225
Total Cost, Net of Accumulated Depreciation	64,682	67,052
Encumbrances	$ 0
Current Communities | Avalon Laurel [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	344
Initial Cost
Land and improvements	$ 10,130
Building / Construction in Progress & Improvements	61,685
Costs Subsequent to Acquisition / Construction	41
Total Cost
Land	10,130
Building / Construction in Progress & Improvements	61,726
Total	71,856
Accumulated Depreciation	9,686
Total Cost, Net of Accumulated Depreciation	62,170	64,437
Encumbrances	$ 0
Current Communities | Avalon at Fairway Hills - Meadows [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	192
Initial Cost
Land and improvements	$ 2,323
Building / Construction in Progress & Improvements	9,297
Costs Subsequent to Acquisition / Construction	5,040
Total Cost
Land	2,323
Building / Construction in Progress & Improvements	14,337
Total	16,660
Accumulated Depreciation	10,539
Total Cost, Net of Accumulated Depreciation	6,121	6,565
Encumbrances	$ 0
Current Communities | Avalon at Fairway Hills - Woods [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	336
Initial Cost
Land and improvements	$ 3,958
Building / Construction in Progress & Improvements	15,839
Costs Subsequent to Acquisition / Construction	13,338
Total Cost
Land	3,958
Building / Construction in Progress & Improvements	29,177
Total	33,135
Accumulated Depreciation	17,781
Total Cost, Net of Accumulated Depreciation	15,354	11,716
Encumbrances	$ 0
Current Communities | Avalon Arundel Crossing
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	310
Initial Cost
Land and improvements	$ 12,208
Building / Construction in Progress & Improvements	69,888
Costs Subsequent to Acquisition / Construction	2,555
Total Cost
Land	12,208
Building / Construction in Progress & Improvements	72,443
Total	84,651
Accumulated Depreciation	9,506
Total Cost, Net of Accumulated Depreciation	75,145	78,253
Encumbrances	$ 0
Current Communities | Avalon Russett [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	238
Initial Cost
Land and improvements	$ 10,200
Building / Construction in Progress & Improvements	47,524
Costs Subsequent to Acquisition / Construction	4,083
Total Cost
Land	10,200
Building / Construction in Progress & Improvements	51,607
Total	61,807
Accumulated Depreciation	16,789
Total Cost, Net of Accumulated Depreciation	45,018	46,563
Encumbrances	$ 32,200
Current Communities | Eaves Fair Lakes [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	420
Initial Cost
Land and improvements	$ 6,096
Building / Construction in Progress & Improvements	24,400
Costs Subsequent to Acquisition / Construction	12,454
Total Cost
Land	6,096
Building / Construction in Progress & Improvements	36,854
Total	42,950
Accumulated Depreciation	25,440
Total Cost, Net of Accumulated Depreciation	17,510	17,524
Encumbrances	$ 0
Current Communities | Eaves Fairfax City [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	141
Initial Cost
Land and improvements	$ 2,152
Building / Construction in Progress & Improvements	8,907
Costs Subsequent to Acquisition / Construction	5,698
Total Cost
Land	2,152
Building / Construction in Progress & Improvements	14,605
Total	16,757
Accumulated Depreciation	9,626
Total Cost, Net of Accumulated Depreciation	7,131	7,543
Encumbrances	$ 0
Current Communities | Avalon Tysons Corner [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	558
Initial Cost
Land and improvements	$ 13,851
Building / Construction in Progress & Improvements	43,397
Costs Subsequent to Acquisition / Construction	14,285
Total Cost
Land	13,851
Building / Construction in Progress & Improvements	57,682
Total	71,533
Accumulated Depreciation	39,051
Total Cost, Net of Accumulated Depreciation	32,482	34,017
Encumbrances	$ 0
Current Communities | Avalon at Arlington Square [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	842
Initial Cost
Land and improvements	$ 22,041
Building / Construction in Progress & Improvements	90,296
Costs Subsequent to Acquisition / Construction	32,893
Total Cost
Land	22,041
Building / Construction in Progress & Improvements	123,189
Total	145,230
Accumulated Depreciation	66,934
Total Cost, Net of Accumulated Depreciation	78,296	81,854
Encumbrances	$ 0
Current Communities | Avalon Park Crest [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	354
Initial Cost
Land and improvements	$ 13,554
Building / Construction in Progress & Improvements	63,526
Costs Subsequent to Acquisition / Construction	1,017
Total Cost
Land	13,554
Building / Construction in Progress & Improvements	64,543
Total	78,097
Accumulated Depreciation	18,875
Total Cost, Net of Accumulated Depreciation	59,222	61,053
Encumbrances	$ 0
Current Communities | Eaves Fairfax Towers [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	415
Initial Cost
Land and improvements	$ 17,889
Building / Construction in Progress & Improvements	74,727
Costs Subsequent to Acquisition / Construction	15,576
Total Cost
Land	17,889
Building / Construction in Progress & Improvements	90,303
Total	108,192
Accumulated Depreciation	28,382
Total Cost, Net of Accumulated Depreciation	79,810	83,103
Encumbrances	$ 0
Current Communities | Avalon Mosaic [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	531
Initial Cost
Land and improvements	$ 33,490
Building / Construction in Progress & Improvements	75,801
Costs Subsequent to Acquisition / Construction	415
Total Cost
Land	33,490
Building / Construction in Progress & Improvements	76,216
Total	109,706
Accumulated Depreciation	18,954
Total Cost, Net of Accumulated Depreciation	90,752	93,460
Encumbrances	$ 0
Current Communities | Avalon Potomac Yard [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	323
Initial Cost
Land and improvements	$ 24,225
Building / Construction in Progress & Improvements	81,982
Costs Subsequent to Acquisition / Construction	2,951
Total Cost
Land	24,225
Building / Construction in Progress & Improvements	84,933
Total	109,158
Accumulated Depreciation	18,607
Total Cost, Net of Accumulated Depreciation	90,551	93,826
Encumbrances	$ 0
Current Communities | Avalon Clarendon
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	300
Initial Cost
Land and improvements	$ 22,573
Building / Construction in Progress & Improvements	95,355
Costs Subsequent to Acquisition / Construction	9,290
Total Cost
Land	22,573
Building / Construction in Progress & Improvements	104,645
Total	127,218
Accumulated Depreciation	20,760
Total Cost, Net of Accumulated Depreciation	106,458	109,983
Encumbrances	$ 0
Current Communities | Avalon Columbia Pike [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	269
Initial Cost
Land and improvements	$ 18,830
Building / Construction in Progress & Improvements	82,427
Costs Subsequent to Acquisition / Construction	4,017
Total Cost
Land	18,830
Building / Construction in Progress & Improvements	86,444
Total	105,274
Accumulated Depreciation	16,083
Total Cost, Net of Accumulated Depreciation	89,191	91,868
Encumbrances	$ 0
Current Communities | Avalon Dunn Loring [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	440
Initial Cost
Land and improvements	$ 29,377
Building / Construction in Progress & Improvements	115,465
Costs Subsequent to Acquisition / Construction	8,268
Total Cost
Land	29,377
Building / Construction in Progress & Improvements	123,733
Total	153,110
Accumulated Depreciation	22,651
Total Cost, Net of Accumulated Depreciation	130,459	135,716
Encumbrances	$ 0
Current Communities | Eaves Tysons Corner [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	217
Initial Cost
Land and improvements	$ 16,030
Building / Construction in Progress & Improvements	45,420
Costs Subsequent to Acquisition / Construction	3,255
Total Cost
Land	16,030
Building / Construction in Progress & Improvements	48,675
Total	64,705
Accumulated Depreciation	16,883
Total Cost, Net of Accumulated Depreciation	47,822	49,535
Encumbrances	$ 0
Current Communities | AVA Ballston Square [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	714
Initial Cost
Land and improvements	$ 71,640
Building / Construction in Progress & Improvements	215,937
Costs Subsequent to Acquisition / Construction	41,022
Total Cost
Land	71,640
Building / Construction in Progress & Improvements	256,959
Total	328,599
Accumulated Depreciation	74,288
Total Cost, Net of Accumulated Depreciation	254,311	260,618
Encumbrances	$ 0
Current Communities | Avalon Courthouse Place [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	564
Initial Cost
Land and improvements	$ 56,550
Building / Construction in Progress & Improvements	178,032
Costs Subsequent to Acquisition / Construction	12,240
Total Cost
Land	56,550
Building / Construction in Progress & Improvements	190,272
Total	246,822
Accumulated Depreciation	57,506
Total Cost, Net of Accumulated Depreciation	189,316	194,468
Encumbrances	$ 0
Current Communities | Avalon Arlington North [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	228
Initial Cost
Land and improvements	$ 21,600
Building / Construction in Progress & Improvements	59,076
Costs Subsequent to Acquisition / Construction	497
Total Cost
Land	21,600
Building / Construction in Progress & Improvements	59,573
Total	81,173
Accumulated Depreciation	14,222
Total Cost, Net of Accumulated Depreciation	66,951	68,838
Encumbrances	$ 0
Current Communities | Avalon Reston Landing [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	400
Initial Cost
Land and improvements	$ 26,710
Building / Construction in Progress & Improvements	83,084
Costs Subsequent to Acquisition / Construction	8,728
Total Cost
Land	26,710
Building / Construction in Progress & Improvements	91,812
Total	118,522
Accumulated Depreciation	31,260
Total Cost, Net of Accumulated Depreciation	87,262	90,175
Encumbrances	$ 0
Current Communities | Avalon Falls Church [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	384
Initial Cost
Land and improvements	$ 39,544
Building / Construction in Progress & Improvements	66,160
Costs Subsequent to Acquisition / Construction	127
Total Cost
Land	39,544
Building / Construction in Progress & Improvements	66,287
Total	105,831
Accumulated Depreciation	13,300
Total Cost, Net of Accumulated Depreciation	92,531	94,976
Encumbrances	$ 0
Current Communities | Avalon Redmond Place [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	222
Initial Cost
Land and improvements	$ 4,558
Building / Construction in Progress & Improvements	18,368
Costs Subsequent to Acquisition / Construction	11,457
Total Cost
Land	4,558
Building / Construction in Progress & Improvements	29,825
Total	34,383
Accumulated Depreciation	20,694
Total Cost, Net of Accumulated Depreciation	13,689	14,151
Encumbrances	$ 0
Current Communities | Avalon at Bear Creek [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	264
Initial Cost
Land and improvements	$ 6,786
Building / Construction in Progress & Improvements	27,641
Costs Subsequent to Acquisition / Construction	5,810
Total Cost
Land	6,786
Building / Construction in Progress & Improvements	33,451
Total	40,237
Accumulated Depreciation	25,033
Total Cost, Net of Accumulated Depreciation	15,204	16,054
Encumbrances	$ 0
Current Communities | Avalon Bellevue [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	201
Initial Cost
Land and improvements	$ 6,664
Building / Construction in Progress & Improvements	24,119
Costs Subsequent to Acquisition / Construction	3,243
Total Cost
Land	6,664
Building / Construction in Progress & Improvements	27,362
Total	34,026
Accumulated Depreciation	18,354
Total Cost, Net of Accumulated Depreciation	15,672	15,794
Encumbrances	$ 0
Current Communities | Avalon RockMeadow [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	206
Initial Cost
Land and improvements	$ 4,777
Building / Construction in Progress & Improvements	19,765
Costs Subsequent to Acquisition / Construction	3,818
Total Cost
Land	4,777
Building / Construction in Progress & Improvements	23,583
Total	28,360
Accumulated Depreciation	16,382
Total Cost, Net of Accumulated Depreciation	11,978	12,668
Encumbrances	$ 0
Current Communities | Avalon ParcSquare [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	124
Initial Cost
Land and improvements	$ 3,789
Building / Construction in Progress & Improvements	15,139
Costs Subsequent to Acquisition / Construction	3,956
Total Cost
Land	3,789
Building / Construction in Progress & Improvements	19,095
Total	22,884
Accumulated Depreciation	12,952
Total Cost, Net of Accumulated Depreciation	9,932	10,524
Encumbrances	$ 0
Current Communities | AVA Belltown [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	100
Initial Cost
Land and improvements	$ 5,644
Building / Construction in Progress & Improvements	12,733
Costs Subsequent to Acquisition / Construction	1,373
Total Cost
Land	5,644
Building / Construction in Progress & Improvements	14,106
Total	19,750
Accumulated Depreciation	9,467
Total Cost, Net of Accumulated Depreciation	10,283	10,687
Encumbrances	$ 0
Current Communities | Avalon Meydenbauer [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	368
Initial Cost
Land and improvements	$ 12,697
Building / Construction in Progress & Improvements	77,450
Costs Subsequent to Acquisition / Construction	4,066
Total Cost
Land	12,697
Building / Construction in Progress & Improvements	81,516
Total	94,213
Accumulated Depreciation	35,254
Total Cost, Net of Accumulated Depreciation	58,959	61,540
Encumbrances	$ 0
Current Communities | Avalon Towers Bellevue [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	397
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	123,029
Costs Subsequent to Acquisition / Construction	1,858
Total Cost
Land	0
Building / Construction in Progress & Improvements	124,887
Total	124,887
Accumulated Depreciation	44,866
Total Cost, Net of Accumulated Depreciation	80,021	84,214
Encumbrances	$ 0
Current Communities | AVA Queen Anne [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	203
Initial Cost
Land and improvements	$ 12,081
Building / Construction in Progress & Improvements	41,618
Costs Subsequent to Acquisition / Construction	989
Total Cost
Land	12,081
Building / Construction in Progress & Improvements	42,607
Total	54,688
Accumulated Depreciation	13,549
Total Cost, Net of Accumulated Depreciation	41,139	42,373
Encumbrances	$ 0
Current Communities | AVA Ballard [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	265
Initial Cost
Land and improvements	$ 16,460
Building / Construction in Progress & Improvements	46,926
Costs Subsequent to Acquisition / Construction	1,244
Total Cost
Land	16,460
Building / Construction in Progress & Improvements	48,170
Total	64,630
Accumulated Depreciation	13,794
Total Cost, Net of Accumulated Depreciation	50,836	52,449
Encumbrances	$ 0
Current Communities | Avalon Alderwood I [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	367
Initial Cost
Land and improvements	$ 12,294
Building / Construction in Progress & Improvements	55,627
Costs Subsequent to Acquisition / Construction	31
Total Cost
Land	12,294
Building / Construction in Progress & Improvements	55,658
Total	67,952
Accumulated Depreciation	12,680
Total Cost, Net of Accumulated Depreciation	55,272	57,297
Encumbrances	$ 0
Current Communities | AVA Capitol Hill [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	249
Initial Cost
Land and improvements	$ 20,613
Building / Construction in Progress & Improvements	59,986
Costs Subsequent to Acquisition / Construction	1,510
Total Cost
Land	20,613
Building / Construction in Progress & Improvements	61,496
Total	82,109
Accumulated Depreciation	11,473
Total Cost, Net of Accumulated Depreciation	70,636	72,495
Encumbrances	$ 0
Current Communities | Avalon Esterra Park [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	482
Initial Cost
Land and improvements	$ 23,178
Building / Construction in Progress & Improvements	112,986
Costs Subsequent to Acquisition / Construction	1,318
Total Cost
Land	23,178
Building / Construction in Progress & Improvements	114,304
Total	137,482
Accumulated Depreciation	17,698
Total Cost, Net of Accumulated Depreciation	119,784	123,811
Encumbrances	$ 0
Current Communities | Avalon Alderwood II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	124
Initial Cost
Land and improvements	$ 5,072
Building / Construction in Progress & Improvements	21,418
Costs Subsequent to Acquisition / Construction	13
Total Cost
Land	5,072
Building / Construction in Progress & Improvements	21,431
Total	26,503
Accumulated Depreciation	3,376
Total Cost, Net of Accumulated Depreciation	23,127	23,886
Encumbrances	$ 0
Current Communities | Avalon Newcastle Commons I [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	378
Initial Cost
Land and improvements	$ 9,649
Building / Construction in Progress & Improvements	112,456
Costs Subsequent to Acquisition / Construction	699
Total Cost
Land	9,649
Building / Construction in Progress & Improvements	113,155
Total	122,804
Accumulated Depreciation	13,994
Total Cost, Net of Accumulated Depreciation	108,810	111,990
Encumbrances	$ 0
Current Communities | Archstone Redmond Lakeview [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	166
Initial Cost
Land and improvements	$ 10,250
Building / Construction in Progress & Improvements	26,842
Costs Subsequent to Acquisition / Construction	4,317
Total Cost
Land	10,250
Building / Construction in Progress & Improvements	31,159
Total	41,409
Accumulated Depreciation	11,192
Total Cost, Net of Accumulated Depreciation	30,217	31,269
Encumbrances	$ 0
Current Communities | Avalon Campbell [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	348
Initial Cost
Land and improvements	$ 11,830
Building / Construction in Progress & Improvements	47,828
Costs Subsequent to Acquisition / Construction	14,624
Total Cost
Land	11,830
Building / Construction in Progress & Improvements	62,452
Total	74,282
Accumulated Depreciation	41,905
Total Cost, Net of Accumulated Depreciation	32,377	34,327
Encumbrances	$ 0
Current Communities | Eaves San Jose [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	440
Initial Cost
Land and improvements	$ 12,920
Building / Construction in Progress & Improvements	53,047
Costs Subsequent to Acquisition / Construction	19,539
Total Cost
Land	12,920
Building / Construction in Progress & Improvements	72,586
Total	85,506
Accumulated Depreciation	43,395
Total Cost, Net of Accumulated Depreciation	42,111	44,301
Encumbrances	$ 0
Current Communities | Avalon on the Alameda [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	305
Initial Cost
Land and improvements	$ 6,119
Building / Construction in Progress & Improvements	50,225
Costs Subsequent to Acquisition / Construction	13,069
Total Cost
Land	6,119
Building / Construction in Progress & Improvements	63,294
Total	69,413
Accumulated Depreciation	41,300
Total Cost, Net of Accumulated Depreciation	28,113	30,846
Encumbrances	$ 0
Current Communities | Avalon Silicon Valley [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	710
Initial Cost
Land and improvements	$ 20,713
Building / Construction in Progress & Improvements	99,573
Costs Subsequent to Acquisition / Construction	35,541
Total Cost
Land	20,713
Building / Construction in Progress & Improvements	135,114
Total	155,827
Accumulated Depreciation	85,905
Total Cost, Net of Accumulated Depreciation	69,922	74,334
Encumbrances	$ 0
Current Communities | Avalon Mountain View [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	248
Initial Cost
Land and improvements	$ 9,755
Building / Construction in Progress & Improvements	39,393
Costs Subsequent to Acquisition / Construction	12,001
Total Cost
Land	9,755
Building / Construction in Progress & Improvements	51,394
Total	61,149
Accumulated Depreciation	35,672
Total Cost, Net of Accumulated Depreciation	25,477	26,378
Encumbrances	$ 0
Current Communities | Eaves Creekside [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	296
Initial Cost
Land and improvements	$ 6,546
Building / Construction in Progress & Improvements	26,263
Costs Subsequent to Acquisition / Construction	21,834
Total Cost
Land	6,546
Building / Construction in Progress & Improvements	48,097
Total	54,643
Accumulated Depreciation	30,784
Total Cost, Net of Accumulated Depreciation	23,859	25,203
Encumbrances	$ 0
Current Communities | Avalon at Cahill Park [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	218
Initial Cost
Land and improvements	$ 4,765
Building / Construction in Progress & Improvements	47,600
Costs Subsequent to Acquisition / Construction	3,267
Total Cost
Land	4,765
Building / Construction in Progress & Improvements	50,867
Total	55,632
Accumulated Depreciation	31,597
Total Cost, Net of Accumulated Depreciation	24,035	25,377
Encumbrances	$ 0
Current Communities | Avalon Towers on the Peninsula [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	211
Initial Cost
Land and improvements	$ 9,560
Building / Construction in Progress & Improvements	56,136
Costs Subsequent to Acquisition / Construction	14,701
Total Cost
Land	9,560
Building / Construction in Progress & Improvements	70,837
Total	80,397
Accumulated Depreciation	39,203
Total Cost, Net of Accumulated Depreciation	41,194	43,782
Encumbrances	$ 0
Current Communities | Avalon Morrison Park [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	250
Initial Cost
Land and improvements	$ 13,837
Building / Construction in Progress & Improvements	64,534
Costs Subsequent to Acquisition / Construction	586
Total Cost
Land	13,837
Building / Construction in Progress & Improvements	65,120
Total	78,957
Accumulated Depreciation	15,938
Total Cost, Net of Accumulated Depreciation	63,019	65,123
Encumbrances	$ 0
Current Communities | Avalon Willow Glen [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	412
Initial Cost
Land and improvements	$ 46,060
Building / Construction in Progress & Improvements	81,957
Costs Subsequent to Acquisition / Construction	7,299
Total Cost
Land	46,060
Building / Construction in Progress & Improvements	89,256
Total	135,316
Accumulated Depreciation	30,101
Total Cost, Net of Accumulated Depreciation	105,215	107,802
Encumbrances	$ 0
Current Communities | Eaves Mountain View at Middlefield [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	402
Initial Cost
Land and improvements	$ 64,070
Building / Construction in Progress & Improvements	69,018
Costs Subsequent to Acquisition / Construction	13,812
Total Cost
Land	64,070
Building / Construction in Progress & Improvements	82,830
Total	146,900
Accumulated Depreciation	28,024
Total Cost, Net of Accumulated Depreciation	118,876	120,633
Encumbrances	$ 0
Current Communities | Avalon Fremont [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	308
Initial Cost
Land and improvements	$ 10,746
Building / Construction in Progress & Improvements	43,399
Costs Subsequent to Acquisition / Construction	11,110
Total Cost
Land	10,746
Building / Construction in Progress & Improvements	54,509
Total	65,255
Accumulated Depreciation	39,179
Total Cost, Net of Accumulated Depreciation	26,076	24,767
Encumbrances	$ 0
Current Communities | Eaves Dublin [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	204
Initial Cost
Land and improvements	$ 5,276
Building / Construction in Progress & Improvements	19,642
Costs Subsequent to Acquisition / Construction	12,448
Total Cost
Land	5,276
Building / Construction in Progress & Improvements	32,090
Total	37,366
Accumulated Depreciation	21,162
Total Cost, Net of Accumulated Depreciation	16,204	17,245
Encumbrances	$ 0
Current Communities | Eaves Pleasanton [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	456
Initial Cost
Land and improvements	$ 11,610
Building / Construction in Progress & Improvements	46,552
Costs Subsequent to Acquisition / Construction	23,236
Total Cost
Land	11,610
Building / Construction in Progress & Improvements	69,788
Total	81,398
Accumulated Depreciation	46,808
Total Cost, Net of Accumulated Depreciation	34,590	36,309
Encumbrances	$ 0
Current Communities | Eaves Union City [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	208
Initial Cost
Land and improvements	$ 4,249
Building / Construction in Progress & Improvements	16,820
Costs Subsequent to Acquisition / Construction	4,227
Total Cost
Land	4,249
Building / Construction in Progress & Improvements	21,047
Total	25,296
Accumulated Depreciation	15,978
Total Cost, Net of Accumulated Depreciation	9,318	10,036
Encumbrances	$ 0
Current Communities | Eaves Fremont [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	235
Initial Cost
Land and improvements	$ 6,581
Building / Construction in Progress & Improvements	26,583
Costs Subsequent to Acquisition / Construction	10,779
Total Cost
Land	6,581
Building / Construction in Progress & Improvements	37,362
Total	43,943
Accumulated Depreciation	26,302
Total Cost, Net of Accumulated Depreciation	17,641	18,725
Encumbrances	$ 0
Current Communities | Avalon Union City [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	439
Initial Cost
Land and improvements	$ 14,732
Building / Construction in Progress & Improvements	104,024
Costs Subsequent to Acquisition / Construction	1,848
Total Cost
Land	14,732
Building / Construction in Progress & Improvements	105,872
Total	120,604
Accumulated Depreciation	41,569
Total Cost, Net of Accumulated Depreciation	79,035	82,462
Encumbrances	$ 0
Current Communities | Avalon Walnut Creek [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	422
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	148,846
Costs Subsequent to Acquisition / Construction	5,778
Total Cost
Land	0
Building / Construction in Progress & Improvements	154,624
Total	154,624
Accumulated Depreciation	54,886
Total Cost, Net of Accumulated Depreciation	99,738	104,792
Encumbrances	$ 4,001
Current Communities | Avalon Dublin Station [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	253
Initial Cost
Land and improvements	$ 7,772
Building / Construction in Progress & Improvements	72,142
Costs Subsequent to Acquisition / Construction	1,086
Total Cost
Land	7,772
Building / Construction in Progress & Improvements	73,228
Total	81,000
Accumulated Depreciation	17,581
Total Cost, Net of Accumulated Depreciation	63,419	65,600
Encumbrances	$ 0
Current Communities | Avalon Dublin Station II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	252
Initial Cost
Land and improvements	$ 7,762
Building / Construction in Progress & Improvements	76,587
Costs Subsequent to Acquisition / Construction	290
Total Cost
Land	7,762
Building / Construction in Progress & Improvements	76,877
Total	84,639
Accumulated Depreciation	12,920
Total Cost, Net of Accumulated Depreciation	71,719	74,056
Encumbrances	$ 0
Current Communities | Eaves Walnut Creek [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	510
Initial Cost
Land and improvements	$ 30,320
Building / Construction in Progress & Improvements	82,375
Costs Subsequent to Acquisition / Construction	17,483
Total Cost
Land	30,320
Building / Construction in Progress & Improvements	99,858
Total	130,178
Accumulated Depreciation	30,551
Total Cost, Net of Accumulated Depreciation	99,627	103,110
Encumbrances	$ 0
Current Communities | Avalon Walnut Ridge I [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	106
Initial Cost
Land and improvements	$ 9,860
Building / Construction in Progress & Improvements	19,850
Costs Subsequent to Acquisition / Construction	5,432
Total Cost
Land	9,860
Building / Construction in Progress & Improvements	25,282
Total	35,142
Accumulated Depreciation	7,701
Total Cost, Net of Accumulated Depreciation	27,441	28,424
Encumbrances	$ 0
Current Communities | Avalon Walnut Ridge II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	360
Initial Cost
Land and improvements	$ 27,190
Building / Construction in Progress & Improvements	57,041
Costs Subsequent to Acquisition / Construction	13,751
Total Cost
Land	27,190
Building / Construction in Progress & Improvements	70,792
Total	97,982
Accumulated Depreciation	21,941
Total Cost, Net of Accumulated Depreciation	76,041	78,864
Encumbrances	$ 0
Current Communities | Avalon Berkeley [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	94
Initial Cost
Land and improvements	$ 4,500
Building / Construction in Progress & Improvements	28,689
Costs Subsequent to Acquisition / Construction	66
Total Cost
Land	4,500
Building / Construction in Progress & Improvements	28,755
Total	33,255
Accumulated Depreciation	6,503
Total Cost, Net of Accumulated Depreciation	26,752	27,604
Encumbrances	$ 0
Current Communities | Eaves Daly City [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	195
Initial Cost
Land and improvements	$ 4,230
Building / Construction in Progress & Improvements	9,659
Costs Subsequent to Acquisition / Construction	20,869
Total Cost
Land	4,230
Building / Construction in Progress & Improvements	30,528
Total	34,758
Accumulated Depreciation	21,113
Total Cost, Net of Accumulated Depreciation	13,645	14,663
Encumbrances	$ 0
Current Communities | AVA Nob Hill [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	185
Initial Cost
Land and improvements	$ 5,403
Building / Construction in Progress & Improvements	21,567
Costs Subsequent to Acquisition / Construction	8,558
Total Cost
Land	5,403
Building / Construction in Progress & Improvements	30,125
Total	35,528
Accumulated Depreciation	20,376
Total Cost, Net of Accumulated Depreciation	15,152	15,827
Encumbrances	$ 0
Current Communities | Eaves Foster City [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	288
Initial Cost
Land and improvements	$ 7,852
Building / Construction in Progress & Improvements	31,445
Costs Subsequent to Acquisition / Construction	13,154
Total Cost
Land	7,852
Building / Construction in Progress & Improvements	44,599
Total	52,451
Accumulated Depreciation	30,377
Total Cost, Net of Accumulated Depreciation	22,074	23,375
Encumbrances	$ 0
Current Communities | Eaves Pacifica [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	220
Initial Cost
Land and improvements	$ 6,125
Building / Construction in Progress & Improvements	24,796
Costs Subsequent to Acquisition / Construction	4,530
Total Cost
Land	6,125
Building / Construction in Progress & Improvements	29,326
Total	35,451
Accumulated Depreciation	21,942
Total Cost, Net of Accumulated Depreciation	13,509	14,230
Encumbrances	$ 0
Current Communities | Avalon Sunset Towers [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	243
Initial Cost
Land and improvements	$ 3,561
Building / Construction in Progress & Improvements	21,321
Costs Subsequent to Acquisition / Construction	16,719
Total Cost
Land	3,561
Building / Construction in Progress & Improvements	38,040
Total	41,601
Accumulated Depreciation	23,912
Total Cost, Net of Accumulated Depreciation	17,689	18,809
Encumbrances	$ 0
Current Communities | Avalon at Mission Bay I [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	250
Initial Cost
Land and improvements	$ 14,029
Building / Construction in Progress & Improvements	78,452
Costs Subsequent to Acquisition / Construction	9,105
Total Cost
Land	14,029
Building / Construction in Progress & Improvements	87,557
Total	101,586
Accumulated Depreciation	52,019
Total Cost, Net of Accumulated Depreciation	49,567	53,392
Encumbrances	$ 0
Current Communities | Avalon at Mission Bay III [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	260
Initial Cost
Land and improvements	$ 28,687
Building / Construction in Progress & Improvements	119,156
Costs Subsequent to Acquisition / Construction	766
Total Cost
Land	28,687
Building / Construction in Progress & Improvements	119,922
Total	148,609
Accumulated Depreciation	46,994
Total Cost, Net of Accumulated Depreciation	101,615	105,579
Encumbrances	$ 0
Current Communities | Avalon Ocean Avenue [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	173
Initial Cost
Land and improvements	$ 5,544
Building / Construction in Progress & Improvements	50,906
Costs Subsequent to Acquisition / Construction	2,215
Total Cost
Land	5,544
Building / Construction in Progress & Improvements	53,121
Total	58,665
Accumulated Depreciation	16,216
Total Cost, Net of Accumulated Depreciation	42,449	44,109
Encumbrances	$ 0
Current Communities | AVA 55 Ninth [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	273
Initial Cost
Land and improvements	$ 20,267
Building / Construction in Progress & Improvements	97,321
Costs Subsequent to Acquisition / Construction	1,197
Total Cost
Land	20,267
Building / Construction in Progress & Improvements	98,518
Total	118,785
Accumulated Depreciation	23,805
Total Cost, Net of Accumulated Depreciation	94,980	98,351
Encumbrances	$ 0
Current Communities | Avalon Hayes Valley [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	182
Initial Cost
Land and improvements	$ 12,595
Building / Construction in Progress & Improvements	81,228
Costs Subsequent to Acquisition / Construction	88
Total Cost
Land	12,595
Building / Construction in Progress & Improvements	81,316
Total	93,911
Accumulated Depreciation	16,680
Total Cost, Net of Accumulated Depreciation	77,231	80,105
Encumbrances	$ 0
Current Communities | Avalon Dogpatch [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	326
Initial Cost
Land and improvements	$ 23,523
Building / Construction in Progress & Improvements	180,922
Costs Subsequent to Acquisition / Construction	232
Total Cost
Land	23,523
Building / Construction in Progress & Improvements	181,154
Total	204,677
Accumulated Depreciation	20,350
Total Cost, Net of Accumulated Depreciation	184,327	190,207
Encumbrances	$ 0
Current Communities | Avalon San Bruno I [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	300
Initial Cost
Land and improvements	$ 40,780
Building / Construction in Progress & Improvements	68,684
Costs Subsequent to Acquisition / Construction	6,936
Total Cost
Land	40,780
Building / Construction in Progress & Improvements	75,620
Total	116,400
Accumulated Depreciation	24,600
Total Cost, Net of Accumulated Depreciation	91,800	94,626
Encumbrances	$ 63,850
Current Communities | Avalon San Bruno II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	185
Initial Cost
Land and improvements	$ 23,787
Building / Construction in Progress & Improvements	44,934
Costs Subsequent to Acquisition / Construction	2,649
Total Cost
Land	23,787
Building / Construction in Progress & Improvements	47,583
Total	71,370
Accumulated Depreciation	14,066
Total Cost, Net of Accumulated Depreciation	57,304	58,683
Encumbrances	$ 27,844
Current Communities | Avalon San Bruno III [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	187
Initial Cost
Land and improvements	$ 33,303
Building / Construction in Progress & Improvements	62,910
Costs Subsequent to Acquisition / Construction	3,217
Total Cost
Land	33,303
Building / Construction in Progress & Improvements	66,127
Total	99,430
Accumulated Depreciation	19,770
Total Cost, Net of Accumulated Depreciation	79,660	81,815
Encumbrances	$ 51,000
Current Communities | AVA Burbank [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	748
Initial Cost
Land and improvements	$ 22,483
Building / Construction in Progress & Improvements	28,104
Costs Subsequent to Acquisition / Construction	51,677
Total Cost
Land	22,483
Building / Construction in Progress & Improvements	79,781
Total	102,264
Accumulated Depreciation	49,082
Total Cost, Net of Accumulated Depreciation	53,182	54,487
Encumbrances	$ 0
Current Communities | Avalon Woodland Hills [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	663
Initial Cost
Land and improvements	$ 23,828
Building / Construction in Progress & Improvements	40,372
Costs Subsequent to Acquisition / Construction	52,697
Total Cost
Land	23,828
Building / Construction in Progress & Improvements	93,069
Total	116,897
Accumulated Depreciation	55,380
Total Cost, Net of Accumulated Depreciation	61,517	63,689
Encumbrances	$ 0
Current Communities | Eaves Warner Center [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	227
Initial Cost
Land and improvements	$ 7,045
Building / Construction in Progress & Improvements	12,986
Costs Subsequent to Acquisition / Construction	12,287
Total Cost
Land	7,045
Building / Construction in Progress & Improvements	25,273
Total	32,318
Accumulated Depreciation	18,575
Total Cost, Net of Accumulated Depreciation	13,743	14,257
Encumbrances	$ 0
Current Communities | Avalon Glendale [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	223
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	42,564
Costs Subsequent to Acquisition / Construction	2,838
Total Cost
Land	0
Building / Construction in Progress & Improvements	45,402
Total	45,402
Accumulated Depreciation	26,859
Total Cost, Net of Accumulated Depreciation	18,543	20,114
Encumbrances	$ 0
Current Communities | Avalon Burbank [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	400
Initial Cost
Land and improvements	$ 14,053
Building / Construction in Progress & Improvements	56,827
Costs Subsequent to Acquisition / Construction	26,328
Total Cost
Land	14,053
Building / Construction in Progress & Improvements	83,155
Total	97,208
Accumulated Depreciation	46,040
Total Cost, Net of Accumulated Depreciation	51,168	53,271
Encumbrances	$ 0
Current Communities | Avalon Camarillo [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	249
Initial Cost
Land and improvements	$ 8,446
Building / Construction in Progress & Improvements	40,290
Costs Subsequent to Acquisition / Construction	2,907
Total Cost
Land	8,446
Building / Construction in Progress & Improvements	43,197
Total	51,643
Accumulated Depreciation	21,254
Total Cost, Net of Accumulated Depreciation	30,389	31,827
Encumbrances	$ 0
Current Communities | Avalon Wilshire [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	123
Initial Cost
Land and improvements	$ 5,459
Building / Construction in Progress & Improvements	41,182
Costs Subsequent to Acquisition / Construction	5,619
Total Cost
Land	5,459
Building / Construction in Progress & Improvements	46,801
Total	52,260
Accumulated Depreciation	20,773
Total Cost, Net of Accumulated Depreciation	31,487	32,263
Encumbrances	$ 0
Current Communities | Avalon Encino [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	131
Initial Cost
Land and improvements	$ 12,789
Building / Construction in Progress & Improvements	49,073
Costs Subsequent to Acquisition / Construction	1,313
Total Cost
Land	12,789
Building / Construction in Progress & Improvements	50,386
Total	63,175
Accumulated Depreciation	21,172
Total Cost, Net of Accumulated Depreciation	42,003	43,719
Encumbrances	$ 0
Current Communities | Avalon Warner Place [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	210
Initial Cost
Land and improvements	$ 7,920
Building / Construction in Progress & Improvements	44,845
Costs Subsequent to Acquisition / Construction	1,251
Total Cost
Land	7,920
Building / Construction in Progress & Improvements	46,096
Total	54,016
Accumulated Depreciation	19,897
Total Cost, Net of Accumulated Depreciation	34,119	35,586
Encumbrances	$ 0
Current Communities | AVA Little Tokyo [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	280
Initial Cost
Land and improvements	$ 14,734
Building / Construction in Progress & Improvements	94,001
Costs Subsequent to Acquisition / Construction	1,765
Total Cost
Land	14,734
Building / Construction in Progress & Improvements	95,766
Total	110,500
Accumulated Depreciation	21,336
Total Cost, Net of Accumulated Depreciation	89,164	92,661
Encumbrances	$ 0
Current Communities | Eaves Phillips Ranch [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	501
Initial Cost
Land and improvements	$ 9,796
Building / Construction in Progress & Improvements	41,740
Costs Subsequent to Acquisition / Construction	4,502
Total Cost
Land	9,796
Building / Construction in Progress & Improvements	46,242
Total	56,038
Accumulated Depreciation	16,011
Total Cost, Net of Accumulated Depreciation	40,027	41,622
Encumbrances	$ 0
Current Communities | Eaves San Dimas [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	102
Initial Cost
Land and improvements	$ 1,916
Building / Construction in Progress & Improvements	7,819
Costs Subsequent to Acquisition / Construction	1,661
Total Cost
Land	1,916
Building / Construction in Progress & Improvements	9,480
Total	11,396
Accumulated Depreciation	3,503
Total Cost, Net of Accumulated Depreciation	7,893	8,302
Encumbrances	$ 0
Current Communities | Eaves San Dimas Canyon [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	156
Initial Cost
Land and improvements	$ 2,953
Building / Construction in Progress & Improvements	12,428
Costs Subsequent to Acquisition / Construction	1,173
Total Cost
Land	2,953
Building / Construction in Progress & Improvements	13,601
Total	16,554
Accumulated Depreciation	4,823
Total Cost, Net of Accumulated Depreciation	11,731	12,213
Encumbrances	$ 0
Current Communities | AVA Pasadena [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	84
Initial Cost
Land and improvements	$ 8,400
Building / Construction in Progress & Improvements	11,547
Costs Subsequent to Acquisition / Construction	6,019
Total Cost
Land	8,400
Building / Construction in Progress & Improvements	17,566
Total	25,966
Accumulated Depreciation	5,104
Total Cost, Net of Accumulated Depreciation	20,862	21,136
Encumbrances	$ 0
Current Communities | Eaves Cerritos [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	151
Initial Cost
Land and improvements	$ 8,305
Building / Construction in Progress & Improvements	21,195
Costs Subsequent to Acquisition / Construction	1,786
Total Cost
Land	8,305
Building / Construction in Progress & Improvements	22,981
Total	31,286
Accumulated Depreciation	6,813
Total Cost, Net of Accumulated Depreciation	24,473	25,176
Encumbrances	$ 0
Current Communities | Avalon Playa Vista [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	309
Initial Cost
Land and improvements	$ 30,900
Building / Construction in Progress & Improvements	72,008
Costs Subsequent to Acquisition / Construction	7,305
Total Cost
Land	30,900
Building / Construction in Progress & Improvements	79,313
Total	110,213
Accumulated Depreciation	23,820
Total Cost, Net of Accumulated Depreciation	86,393	89,198
Encumbrances	$ 0
Current Communities | Avalon San Dimas [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	156
Initial Cost
Land and improvements	$ 9,141
Building / Construction in Progress & Improvements	30,726
Costs Subsequent to Acquisition / Construction	125
Total Cost
Land	9,141
Building / Construction in Progress & Improvements	30,851
Total	39,992
Accumulated Depreciation	7,212
Total Cost, Net of Accumulated Depreciation	32,780	33,915
Encumbrances	$ 0
Current Communities | Avalon Glendora [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	280
Initial Cost
Land and improvements	$ 18,311
Building / Construction in Progress & Improvements	64,303
Costs Subsequent to Acquisition / Construction	542
Total Cost
Land	18,311
Building / Construction in Progress & Improvements	64,845
Total	83,156
Accumulated Depreciation	12,166
Total Cost, Net of Accumulated Depreciation	70,990	73,347
Encumbrances	$ 0
Current Communities | Avalon West Hollywood [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	294
Initial Cost
Land and improvements	$ 35,214
Building / Construction in Progress & Improvements	119,105
Costs Subsequent to Acquisition / Construction	1,742
Total Cost
Land	35,214
Building / Construction in Progress & Improvements	120,847
Total	156,061
Accumulated Depreciation	16,159
Total Cost, Net of Accumulated Depreciation	139,902	143,523
Encumbrances	$ 0
Current Communities | Avalon Mission Oaks [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	160
Initial Cost
Land and improvements	$ 9,600
Building / Construction in Progress & Improvements	37,602
Costs Subsequent to Acquisition / Construction	1,627
Total Cost
Land	9,600
Building / Construction in Progress & Improvements	39,229
Total	48,829
Accumulated Depreciation	10,178
Total Cost, Net of Accumulated Depreciation	38,651	40,139
Encumbrances	$ 0
Current Communities | Avalon Chino Hills [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	331
Initial Cost
Land and improvements	$ 16,617
Building / Construction in Progress & Improvements	79,829
Costs Subsequent to Acquisition / Construction	30
Total Cost
Land	16,617
Building / Construction in Progress & Improvements	79,859
Total	96,476
Accumulated Depreciation	10,846
Total Cost, Net of Accumulated Depreciation	85,630	89,569
Encumbrances	$ 0
Current Communities | AVA North Hollywood [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	156
Initial Cost
Land and improvements	$ 18,408
Building / Construction in Progress & Improvements	52,280
Costs Subsequent to Acquisition / Construction	2,069
Total Cost
Land	18,408
Building / Construction in Progress & Improvements	54,349
Total	72,757
Accumulated Depreciation	10,083
Total Cost, Net of Accumulated Depreciation	62,674	64,702
Encumbrances	$ 0
Current Communities | Avalon Simi Valley [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	500
Initial Cost
Land and improvements	$ 42,020
Building / Construction in Progress & Improvements	73,361
Costs Subsequent to Acquisition / Construction	6,555
Total Cost
Land	42,020
Building / Construction in Progress & Improvements	79,916
Total	121,936
Accumulated Depreciation	25,959
Total Cost, Net of Accumulated Depreciation	95,977	97,812
Encumbrances	$ 0
Current Communities | AVA Studio City II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	101
Initial Cost
Land and improvements	$ 4,626
Building / Construction in Progress & Improvements	22,954
Costs Subsequent to Acquisition / Construction	7,778
Total Cost
Land	4,626
Building / Construction in Progress & Improvements	30,732
Total	35,358
Accumulated Depreciation	8,821
Total Cost, Net of Accumulated Depreciation	26,537	27,541
Encumbrances	$ 0
Current Communities | Avalon Studio City [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	276
Initial Cost
Land and improvements	$ 15,756
Building / Construction in Progress & Improvements	78,178
Costs Subsequent to Acquisition / Construction	18,092
Total Cost
Land	15,756
Building / Construction in Progress & Improvements	96,270
Total	112,026
Accumulated Depreciation	27,640
Total Cost, Net of Accumulated Depreciation	84,386	86,885
Encumbrances	$ 0
Current Communities | Avalon Calabasas [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	600
Initial Cost
Land and improvements	$ 42,720
Building / Construction in Progress & Improvements	107,642
Costs Subsequent to Acquisition / Construction	22,787
Total Cost
Land	42,720
Building / Construction in Progress & Improvements	130,429
Total	173,149
Accumulated Depreciation	45,312
Total Cost, Net of Accumulated Depreciation	127,837	130,597
Encumbrances	$ 0
Current Communities | Avalon Oak Creek [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	336
Initial Cost
Land and improvements	$ 43,540
Building / Construction in Progress & Improvements	79,974
Costs Subsequent to Acquisition / Construction	7,049
Total Cost
Land	43,540
Building / Construction in Progress & Improvements	87,023
Total	130,563
Accumulated Depreciation	32,908
Total Cost, Net of Accumulated Depreciation	97,655	101,247
Encumbrances	$ 0
Current Communities | Avalon Santa Monica on Main [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	133
Initial Cost
Land and improvements	$ 32,000
Building / Construction in Progress & Improvements	60,770
Costs Subsequent to Acquisition / Construction	14,022
Total Cost
Land	32,000
Building / Construction in Progress & Improvements	74,792
Total	106,792
Accumulated Depreciation	21,760
Total Cost, Net of Accumulated Depreciation	85,032	87,273
Encumbrances	$ 0
Current Communities | Avalon Del Mar Station [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	347
Initial Cost
Land and improvements	$ 20,560
Building / Construction in Progress & Improvements	106,556
Costs Subsequent to Acquisition / Construction	4,377
Total Cost
Land	20,560
Building / Construction in Progress & Improvements	110,933
Total	131,493
Accumulated Depreciation	32,061
Total Cost, Net of Accumulated Depreciation	99,432	103,043
Encumbrances	$ 0
Current Communities | Eaves Old Town Pasadena [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	96
Initial Cost
Land and improvements	$ 9,110
Building / Construction in Progress & Improvements	15,371
Costs Subsequent to Acquisition / Construction	7,302
Total Cost
Land	9,110
Building / Construction in Progress & Improvements	22,673
Total	31,783
Accumulated Depreciation	6,869
Total Cost, Net of Accumulated Depreciation	24,914	25,730
Encumbrances	$ 0
Current Communities | Eaves Thousand Oaks [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	154
Initial Cost
Land and improvements	$ 13,950
Building / Construction in Progress & Improvements	20,211
Costs Subsequent to Acquisition / Construction	5,247
Total Cost
Land	13,950
Building / Construction in Progress & Improvements	25,458
Total	39,408
Accumulated Depreciation	9,933
Total Cost, Net of Accumulated Depreciation	29,475	30,784
Encumbrances	$ 0
Current Communities | Eaves Los Feliz [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	263
Initial Cost
Land and improvements	$ 18,940
Building / Construction in Progress & Improvements	43,661
Costs Subsequent to Acquisition / Construction	12,883
Total Cost
Land	18,940
Building / Construction in Progress & Improvements	56,544
Total	75,484
Accumulated Depreciation	16,799
Total Cost, Net of Accumulated Depreciation	58,685	60,126
Encumbrances	$ 41,400
Current Communities | AVA Toluca Hills [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	1,151
Initial Cost
Land and improvements	$ 86,450
Building / Construction in Progress & Improvements	161,256
Costs Subsequent to Acquisition / Construction	90,048
Total Cost
Land	86,450
Building / Construction in Progress & Improvements	251,304
Total	337,754
Accumulated Depreciation	66,816
Total Cost, Net of Accumulated Depreciation	270,938	279,477
Encumbrances	$ 0
Current Communities | Eaves Woodland Hills [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	883
Initial Cost
Land and improvements	$ 68,940
Building / Construction in Progress & Improvements	90,549
Costs Subsequent to Acquisition / Construction	17,757
Total Cost
Land	68,940
Building / Construction in Progress & Improvements	108,306
Total	177,246
Accumulated Depreciation	38,484
Total Cost, Net of Accumulated Depreciation	138,762	138,107
Encumbrances	$ 111,500
Current Communities | Avalon Thousand Oaks Plaza [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	148
Initial Cost
Land and improvements	$ 12,810
Building / Construction in Progress & Improvements	22,581
Costs Subsequent to Acquisition / Construction	2,714
Total Cost
Land	12,810
Building / Construction in Progress & Improvements	25,295
Total	38,105
Accumulated Depreciation	9,238
Total Cost, Net of Accumulated Depreciation	28,867	29,749
Encumbrances	$ 0
Current Communities | Avalon Pasadena [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	120
Initial Cost
Land and improvements	$ 10,240
Building / Construction in Progress & Improvements	31,558
Costs Subsequent to Acquisition / Construction	6,801
Total Cost
Land	10,240
Building / Construction in Progress & Improvements	38,359
Total	48,599
Accumulated Depreciation	11,400
Total Cost, Net of Accumulated Depreciation	37,199	38,562
Encumbrances	$ 0
Current Communities | AVA Studio City I [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	450
Initial Cost
Land and improvements	$ 17,658
Building / Construction in Progress & Improvements	90,715
Costs Subsequent to Acquisition / Construction	36,469
Total Cost
Land	17,658
Building / Construction in Progress & Improvements	127,184
Total	144,842
Accumulated Depreciation	34,710
Total Cost, Net of Accumulated Depreciation	110,132	113,607
Encumbrances	$ 0
Current Communities | AVA Newport [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	145
Initial Cost
Land and improvements	$ 1,975
Building / Construction in Progress & Improvements	3,814
Costs Subsequent to Acquisition / Construction	10,040
Total Cost
Land	1,975
Building / Construction in Progress & Improvements	13,854
Total	15,829
Accumulated Depreciation	8,415
Total Cost, Net of Accumulated Depreciation	7,414	7,797
Encumbrances	$ 0
Current Communities | Eaves Mission Viejo [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	166
Initial Cost
Land and improvements	$ 2,517
Building / Construction in Progress & Improvements	9,257
Costs Subsequent to Acquisition / Construction	4,453
Total Cost
Land	2,517
Building / Construction in Progress & Improvements	13,710
Total	16,227
Accumulated Depreciation	10,312
Total Cost, Net of Accumulated Depreciation	5,915	6,066
Encumbrances	$ 0
Current Communities | Eaves South Coast [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	258
Initial Cost
Land and improvements	$ 4,709
Building / Construction in Progress & Improvements	16,063
Costs Subsequent to Acquisition / Construction	13,852
Total Cost
Land	4,709
Building / Construction in Progress & Improvements	29,915
Total	34,624
Accumulated Depreciation	19,944
Total Cost, Net of Accumulated Depreciation	14,680	15,673
Encumbrances	$ 0
Current Communities | Eaves Santa Margarita [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	301
Initial Cost
Land and improvements	$ 4,607
Building / Construction in Progress & Improvements	16,911
Costs Subsequent to Acquisition / Construction	11,940
Total Cost
Land	4,607
Building / Construction in Progress & Improvements	28,851
Total	33,458
Accumulated Depreciation	18,974
Total Cost, Net of Accumulated Depreciation	14,484	15,207
Encumbrances	$ 0
Current Communities | Eaves Huntington Beach [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	304
Initial Cost
Land and improvements	$ 4,871
Building / Construction in Progress & Improvements	19,745
Costs Subsequent to Acquisition / Construction	11,461
Total Cost
Land	4,871
Building / Construction in Progress & Improvements	31,206
Total	36,077
Accumulated Depreciation	23,463
Total Cost, Net of Accumulated Depreciation	12,614	13,657
Encumbrances	$ 0
Current Communities | Avalon Irvine I [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	279
Initial Cost
Land and improvements	$ 9,911
Building / Construction in Progress & Improvements	67,520
Costs Subsequent to Acquisition / Construction	2,555
Total Cost
Land	9,911
Building / Construction in Progress & Improvements	70,075
Total	79,986
Accumulated Depreciation	26,972
Total Cost, Net of Accumulated Depreciation	53,014	54,867
Encumbrances	$ 0
Current Communities | Avalon Irvine II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	179
Initial Cost
Land and improvements	$ 4,358
Building / Construction in Progress & Improvements	40,905
Costs Subsequent to Acquisition / Construction	429
Total Cost
Land	4,358
Building / Construction in Progress & Improvements	41,334
Total	45,692
Accumulated Depreciation	11,644
Total Cost, Net of Accumulated Depreciation	34,048	35,396
Encumbrances	$ 0
Current Communities | Eaves Lake Forest [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	225
Initial Cost
Land and improvements	$ 5,199
Building / Construction in Progress & Improvements	21,134
Costs Subsequent to Acquisition / Construction	4,411
Total Cost
Land	5,199
Building / Construction in Progress & Improvements	25,545
Total	30,744
Accumulated Depreciation	8,928
Total Cost, Net of Accumulated Depreciation	21,816	23,044
Encumbrances	$ 0
Current Communities | Avalon Baker Ranch [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	430
Initial Cost
Land and improvements	$ 31,689
Building / Construction in Progress & Improvements	98,004
Costs Subsequent to Acquisition / Construction	85
Total Cost
Land	31,689
Building / Construction in Progress & Improvements	98,089
Total	129,778
Accumulated Depreciation	20,193
Total Cost, Net of Accumulated Depreciation	109,585	113,169
Encumbrances	$ 0
Current Communities | Avalon Irvine III [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	156
Initial Cost
Land and improvements	$ 11,607
Building / Construction in Progress & Improvements	43,973
Costs Subsequent to Acquisition / Construction	65
Total Cost
Land	11,607
Building / Construction in Progress & Improvements	44,038
Total	55,645
Accumulated Depreciation	7,663
Total Cost, Net of Accumulated Depreciation	47,982	49,581
Encumbrances	$ 0
Current Communities | Avalon Huntington Beach [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	378
Initial Cost
Land and improvements	$ 13,055
Building / Construction in Progress & Improvements	105,981
Costs Subsequent to Acquisition / Construction	527
Total Cost
Land	13,055
Building / Construction in Progress & Improvements	106,508
Total	119,563
Accumulated Depreciation	16,553
Total Cost, Net of Accumulated Depreciation	103,010	106,776
Encumbrances	$ 0
Current Communities | AVA Pacific Beach [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	564
Initial Cost
Land and improvements	$ 9,922
Building / Construction in Progress & Improvements	40,580
Costs Subsequent to Acquisition / Construction	42,504
Total Cost
Land	9,922
Building / Construction in Progress & Improvements	83,084
Total	93,006
Accumulated Depreciation	49,934
Total Cost, Net of Accumulated Depreciation	43,072	45,340
Encumbrances	$ 0
Current Communities | Eaves Mission Ridge [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	200
Initial Cost
Land and improvements	$ 2,710
Building / Construction in Progress & Improvements	10,924
Costs Subsequent to Acquisition / Construction	13,546
Total Cost
Land	2,710
Building / Construction in Progress & Improvements	24,470
Total	27,180
Accumulated Depreciation	17,558
Total Cost, Net of Accumulated Depreciation	9,622	10,471
Encumbrances	$ 0
Current Communities | AVA Cortez Hill [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	299
Initial Cost
Land and improvements	$ 2,768
Building / Construction in Progress & Improvements	20,134
Costs Subsequent to Acquisition / Construction	25,170
Total Cost
Land	2,768
Building / Construction in Progress & Improvements	45,304
Total	48,072
Accumulated Depreciation	28,143
Total Cost, Net of Accumulated Depreciation	19,929	21,012
Encumbrances	$ 0
Current Communities | Eaves San Marcos [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	184
Initial Cost
Land and improvements	$ 3,277
Building / Construction in Progress & Improvements	13,385
Costs Subsequent to Acquisition / Construction	5,211
Total Cost
Land	3,277
Building / Construction in Progress & Improvements	18,596
Total	21,873
Accumulated Depreciation	5,658
Total Cost, Net of Accumulated Depreciation	16,215	16,800
Encumbrances	$ 0
Current Communities | Eaves Rancho Penasquitos [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	250
Initial Cost
Land and improvements	$ 6,692
Building / Construction in Progress & Improvements	27,143
Costs Subsequent to Acquisition / Construction	5,901
Total Cost
Land	6,692
Building / Construction in Progress & Improvements	33,044
Total	39,736
Accumulated Depreciation	11,105
Total Cost, Net of Accumulated Depreciation	28,631	29,085
Encumbrances	$ 0
Current Communities | Avalon Vista [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	221
Initial Cost
Land and improvements	$ 12,689
Building / Construction in Progress & Improvements	43,328
Costs Subsequent to Acquisition / Construction	476
Total Cost
Land	12,689
Building / Construction in Progress & Improvements	43,804
Total	56,493
Accumulated Depreciation	9,091
Total Cost, Net of Accumulated Depreciation	47,402	48,862
Encumbrances	$ 0
Current Communities | Eaves La Mesa [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	168
Initial Cost
Land and improvements	$ 9,490
Building / Construction in Progress & Improvements	28,482
Costs Subsequent to Acquisition / Construction	3,338
Total Cost
Land	9,490
Building / Construction in Progress & Improvements	31,820
Total	41,310
Accumulated Depreciation	11,666
Total Cost, Net of Accumulated Depreciation	29,644	30,880
Encumbrances	$ 0
Current Communities | Avalon La Jolla Colony [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	180
Initial Cost
Land and improvements	$ 16,760
Building / Construction in Progress & Improvements	27,694
Costs Subsequent to Acquisition / Construction	12,062
Total Cost
Land	16,760
Building / Construction in Progress & Improvements	39,756
Total	56,516
Accumulated Depreciation	12,955
Total Cost, Net of Accumulated Depreciation	43,561	45,624
Encumbrances	$ 0
Current Communities | Avalon Denver West [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	252
Initial Cost
Land and improvements	$ 8,047
Building / Construction in Progress & Improvements	67,820
Costs Subsequent to Acquisition / Construction	1,903
Total Cost
Land	8,047
Building / Construction in Progress & Improvements	69,723
Total	77,770
Accumulated Depreciation	11,204
Total Cost, Net of Accumulated Depreciation	66,566	69,273
Encumbrances	$ 0
Current Communities | 850 Boca [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	370
Initial Cost
Land and improvements	$ 21,430
Building / Construction in Progress & Improvements	114,085
Costs Subsequent to Acquisition / Construction	4,134
Total Cost
Land	21,430
Building / Construction in Progress & Improvements	118,219
Total	139,649
Accumulated Depreciation	17,589
Total Cost, Net of Accumulated Depreciation	122,060	126,509
Encumbrances	$ 0
Current Communities | The Alexander & Alexander Lofts
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	290
Initial Cost
Land and improvements	$ 9,597
Building / Construction in Progress & Improvements	90,950
Costs Subsequent to Acquisition / Construction	3,286
Total Cost
Land	9,597
Building / Construction in Progress & Improvements	94,236
Total	103,833
Accumulated Depreciation	10,934
Total Cost, Net of Accumulated Depreciation	92,899	96,306
Encumbrances	$ 0
Current Communities | Avalon Easton [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	290
Initial Cost
Land and improvements	$ 3,170
Building / Construction in Progress & Improvements	60,837
Costs Subsequent to Acquisition / Construction	134
Total Cost
Land	3,170
Building / Construction in Progress & Improvements	60,971
Total	64,141
Accumulated Depreciation	8,059
Total Cost, Net of Accumulated Depreciation	56,082	58,660
Encumbrances	$ 0
Boston, MA
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	8,421
Initial Cost
Land and improvements	$ 291,544
Building / Construction in Progress & Improvements	1,715,472
Costs Subsequent to Acquisition / Construction	377,781
Total Cost
Land	291,544
Building / Construction in Progress & Improvements	2,093,253
Total	2,384,797
Accumulated Depreciation	681,698
Total Cost, Net of Accumulated Depreciation	1,703,099	1,766,853
Encumbrances	$ 81,399
Fairfield, CT
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	946
Initial Cost
Land and improvements	$ 35,591
Building / Construction in Progress & Improvements	171,567
Costs Subsequent to Acquisition / Construction	25,770
Total Cost
Land	35,591
Building / Construction in Progress & Improvements	197,337
Total	232,928
Accumulated Depreciation	87,161
Total Cost, Net of Accumulated Depreciation	145,767	151,899
Encumbrances	$ 0
New England
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	9,367
Initial Cost
Land and improvements	$ 327,135
Building / Construction in Progress & Improvements	1,887,039
Costs Subsequent to Acquisition / Construction	403,551
Total Cost
Land	327,135
Building / Construction in Progress & Improvements	2,290,590
Total	2,617,725
Accumulated Depreciation	768,859
Total Cost, Net of Accumulated Depreciation	1,848,866	1,918,752
Encumbrances	$ 81,399
New York City, NY
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	3,788
Initial Cost
Land and improvements	$ 537,330
Building / Construction in Progress & Improvements	1,268,976
Costs Subsequent to Acquisition / Construction	104,616
Total Cost
Land	537,330
Building / Construction in Progress & Improvements	1,373,592
Total	1,910,922
Accumulated Depreciation	420,655
Total Cost, Net of Accumulated Depreciation	1,490,267	1,530,637
Encumbrances	$ 362,000
New York - Suburban
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	3,970
Initial Cost
Land and improvements	$ 250,431
Building / Construction in Progress & Improvements	855,186
Costs Subsequent to Acquisition / Construction	74,987
Total Cost
Land	250,431
Building / Construction in Progress & Improvements	930,173
Total	1,180,604
Accumulated Depreciation	340,678
Total Cost, Net of Accumulated Depreciation	839,926	870,381
Encumbrances	$ 74,370
New Jersey
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	5,017
Initial Cost
Land and improvements	$ 200,958
Building / Construction in Progress & Improvements	834,570
Costs Subsequent to Acquisition / Construction	108,470
Total Cost
Land	200,958
Building / Construction in Progress & Improvements	943,040
Total	1,143,998
Accumulated Depreciation	330,039
Total Cost, Net of Accumulated Depreciation	813,959	843,603
Encumbrances	$ 0
Metro NY/NJ
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	12,775
Initial Cost
Land and improvements	$ 988,719
Building / Construction in Progress & Improvements	2,958,732
Costs Subsequent to Acquisition / Construction	288,073
Total Cost
Land	988,719
Building / Construction in Progress & Improvements	3,246,805
Total	4,235,524
Accumulated Depreciation	1,091,372
Total Cost, Net of Accumulated Depreciation	3,144,152	3,244,621
Encumbrances	$ 436,370
Mid-Atlantic
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	13,494
Initial Cost
Land and improvements	$ 752,909
Building / Construction in Progress & Improvements	2,460,097
Costs Subsequent to Acquisition / Construction	298,954
Total Cost
Land	752,909
Building / Construction in Progress & Improvements	2,759,051
Total	3,511,960
Accumulated Depreciation	893,884
Total Cost, Net of Accumulated Depreciation	2,618,076	2,697,160
Encumbrances	$ 32,200
Pacific Northwest
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	4,116
Initial Cost
Land and improvements	$ 154,512
Building / Construction in Progress & Improvements	796,103
Costs Subsequent to Acquisition / Construction	45,702
Total Cost
Land	154,512
Building / Construction in Progress & Improvements	841,805
Total	996,317
Accumulated Depreciation	280,758
Total Cost, Net of Accumulated Depreciation	715,559	741,202
Encumbrances	$ 0
San Jose, CA
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	3,840
Initial Cost
Land and improvements	$ 206,175
Building / Construction in Progress & Improvements	635,574
Costs Subsequent to Acquisition / Construction	156,273
Total Cost
Land	206,175
Building / Construction in Progress & Improvements	791,847
Total	998,022
Accumulated Depreciation	423,824
Total Cost, Net of Accumulated Depreciation	574,198	598,106
Encumbrances	$ 0
Oakland - East Bay, CA
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	3,847
Initial Cost
Land and improvements	$ 140,598
Building / Construction in Progress & Improvements	742,550
Costs Subsequent to Acquisition / Construction	107,534
Total Cost
Land	140,598
Building / Construction in Progress & Improvements	850,084
Total	990,682
Accumulated Depreciation	343,081
Total Cost, Net of Accumulated Depreciation	647,601	671,994
Encumbrances	$ 4,001
San Francisco, CA
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	3,267
Initial Cost
Land and improvements	$ 229,686
Building / Construction in Progress & Improvements	893,301
Costs Subsequent to Acquisition / Construction	90,235
Total Cost
Land	229,686
Building / Construction in Progress & Improvements	983,536
Total	1,213,222
Accumulated Depreciation	352,220
Total Cost, Net of Accumulated Depreciation	861,002	893,771
Encumbrances	$ 142,694
Northern California
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	10,954
Initial Cost
Land and improvements	$ 576,459
Building / Construction in Progress & Improvements	2,271,425
Costs Subsequent to Acquisition / Construction	354,042
Total Cost
Land	576,459
Building / Construction in Progress & Improvements	2,625,467
Total	3,201,926
Accumulated Depreciation	1,119,125
Total Cost, Net of Accumulated Depreciation	2,082,801	2,163,871
Encumbrances	$ 146,695
Los Angeles, CA
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	11,492
Initial Cost
Land and improvements	$ 725,638
Building / Construction in Progress & Improvements	2,006,163
Costs Subsequent to Acquisition / Construction	447,144
Total Cost
Land	725,638
Building / Construction in Progress & Improvements	2,453,307
Total	3,178,945
Accumulated Depreciation	815,796
Total Cost, Net of Accumulated Depreciation	2,363,149	2,435,256
Encumbrances	$ 152,900
Orange County, CA
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	2,821
Initial Cost
Land and improvements	$ 94,498
Building / Construction in Progress & Improvements	443,307
Costs Subsequent to Acquisition / Construction	59,818
Total Cost
Land	94,498
Building / Construction in Progress & Improvements	503,125
Total	597,623
Accumulated Depreciation	173,061
Total Cost, Net of Accumulated Depreciation	424,562	441,233
Encumbrances	$ 0
San Diego, CA
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	2,066
Initial Cost
Land and improvements	$ 64,308
Building / Construction in Progress & Improvements	211,670
Costs Subsequent to Acquisition / Construction	108,208
Total Cost
Land	64,308
Building / Construction in Progress & Improvements	319,878
Total	384,186
Accumulated Depreciation	146,110
Total Cost, Net of Accumulated Depreciation	238,076	248,074
Encumbrances	$ 0
Southern California
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	16,379
Initial Cost
Land and improvements	$ 884,444
Building / Construction in Progress & Improvements	2,661,140
Costs Subsequent to Acquisition / Construction	615,170
Total Cost
Land	884,444
Building / Construction in Progress & Improvements	3,276,310
Total	4,160,754
Accumulated Depreciation	1,134,967
Total Cost, Net of Accumulated Depreciation	3,025,787	3,124,563
Encumbrances	$ 152,900
Denver, CO
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	252
Initial Cost
Land and improvements	$ 8,047
Building / Construction in Progress & Improvements	67,820
Costs Subsequent to Acquisition / Construction	1,903
Total Cost
Land	8,047
Building / Construction in Progress & Improvements	69,723
Total	77,770
Accumulated Depreciation	11,204
Total Cost, Net of Accumulated Depreciation	66,566	69,273
Encumbrances	$ 0
Southeast Florida
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	660
Initial Cost
Land and improvements	$ 31,027
Building / Construction in Progress & Improvements	205,035
Costs Subsequent to Acquisition / Construction	7,420
Total Cost
Land	31,027
Building / Construction in Progress & Improvements	212,455
Total	243,482
Accumulated Depreciation	28,523
Total Cost, Net of Accumulated Depreciation	214,959	222,815
Encumbrances	$ 0
Expansion Markets
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	912
Initial Cost
Land and improvements	$ 39,074
Building / Construction in Progress & Improvements	272,855
Costs Subsequent to Acquisition / Construction	9,323
Total Cost
Land	39,074
Building / Construction in Progress & Improvements	282,178
Total	321,252
Accumulated Depreciation	39,727
Total Cost, Net of Accumulated Depreciation	281,525	292,088
Encumbrances	$ 0
Established Communities
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	67,997
Initial Cost
Land and improvements	$ 3,723,252
Building / Construction in Progress & Improvements	13,307,391
Costs Subsequent to Acquisition / Construction	2,014,815
Total Cost
Land	3,723,252
Building / Construction in Progress & Improvements	15,322,206
Total	19,045,458
Accumulated Depreciation	5,328,692
Total Cost, Net of Accumulated Depreciation	13,716,766	14,182,257
Encumbrances	$ 849,564
Lease-Up Communities
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	2,999
Initial Cost
Land and improvements	$ 150,887
Building / Construction in Progress & Improvements	932,324
Costs Subsequent to Acquisition / Construction	3,335
Total Cost
Land	150,887
Building / Construction in Progress & Improvements	935,659
Total	1,086,546
Accumulated Depreciation	34,373
Total Cost, Net of Accumulated Depreciation	1,052,173	954,196
Encumbrances	$ 0
Lease-Up Communities | Avalon Public Market [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	289
Initial Cost
Land and improvements	$ 27,390
Building / Construction in Progress & Improvements	142,843
Costs Subsequent to Acquisition / Construction	11
Total Cost
Land	27,390
Building / Construction in Progress & Improvements	142,854
Total	170,244
Accumulated Depreciation	5,037
Total Cost, Net of Accumulated Depreciation	165,207	152,921
Encumbrances	$ 0
Lease-Up Communities | Avalon Walnut Creek II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	200
Initial Cost
Land and improvements	$ 1,663
Building / Construction in Progress & Improvements	109,026
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	1,663
Building / Construction in Progress & Improvements	109,026
Total	110,689
Accumulated Depreciation	1,188
Total Cost, Net of Accumulated Depreciation	109,501	86,978
Encumbrances	$ 0
Lease-Up Communities | Avalon Doral [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	350
Initial Cost
Land and improvements	$ 21,884
Building / Construction in Progress & Improvements	88,245
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	21,884
Building / Construction in Progress & Improvements	88,245
Total	110,129
Accumulated Depreciation	808
Total Cost, Net of Accumulated Depreciation	109,321	82,807
Encumbrances	$ 0
Lease-Up Communities | Avalon Saugus [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	280
Initial Cost
Land and improvements	$ 17,801
Building / Construction in Progress & Improvements	72,460
Costs Subsequent to Acquisition / Construction	1,068
Total Cost
Land	17,801
Building / Construction in Progress & Improvements	73,528
Total	91,329
Accumulated Depreciation	4,361
Total Cost, Net of Accumulated Depreciation	86,968	87,955
Encumbrances	$ 0
Lease-Up Communities | Avalon Norwood [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	198
Initial Cost
Land and improvements	$ 9,436
Building / Construction in Progress & Improvements	50,958
Costs Subsequent to Acquisition / Construction	933
Total Cost
Land	9,436
Building / Construction in Progress & Improvements	51,891
Total	61,327
Accumulated Depreciation	2,378
Total Cost, Net of Accumulated Depreciation	58,949	57,590
Encumbrances	$ 0
Lease-Up Communities | Avalon Marlborough II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	123
Initial Cost
Land and improvements	$ 5,522
Building / Construction in Progress & Improvements	34,594
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	5,522
Building / Construction in Progress & Improvements	34,594
Total	40,116
Accumulated Depreciation	326
Total Cost, Net of Accumulated Depreciation	39,790	15,293
Encumbrances	$ 0
Lease-Up Communities | Avalon Towson [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	371
Initial Cost
Land and improvements	$ 12,876
Building / Construction in Progress & Improvements	95,269
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	12,876
Building / Construction in Progress & Improvements	95,269
Total	108,145
Accumulated Depreciation	1,657
Total Cost, Net of Accumulated Depreciation	106,488	86,409
Encumbrances	$ 0
Lease-Up Communities | Avalon Boonton [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	350
Initial Cost
Land and improvements	$ 3,592
Building / Construction in Progress & Improvements	88,933
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	3,592
Building / Construction in Progress & Improvements	88,933
Total	92,525
Accumulated Depreciation	5,219
Total Cost, Net of Accumulated Depreciation	87,306	89,741
Encumbrances	$ 0
Lease-Up Communities | Avalon Teaneck [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	248
Initial Cost
Land and improvements	$ 12,587
Building / Construction in Progress & Improvements	59,929
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	12,587
Building / Construction in Progress & Improvements	59,929
Total	72,516
Accumulated Depreciation	2,916
Total Cost, Net of Accumulated Depreciation	69,600	70,333
Encumbrances	$ 0
Lease-Up Communities | Avalon Belltown Towers [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	274
Initial Cost
Land and improvements	$ 24,638
Building / Construction in Progress & Improvements	121,065
Costs Subsequent to Acquisition / Construction	1,323
Total Cost
Land	24,638
Building / Construction in Progress & Improvements	122,388
Total	147,026
Accumulated Depreciation	6,838
Total Cost, Net of Accumulated Depreciation	140,188	144,328
Encumbrances	$ 0
Lease-Up Communities | Avalon North Creek [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	316
Initial Cost
Land and improvements	$ 13,498
Building / Construction in Progress & Improvements	69,002
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	13,498
Building / Construction in Progress & Improvements	69,002
Total	82,500
Accumulated Depreciation	3,645
Total Cost, Net of Accumulated Depreciation	78,855	79,841
Encumbrances	$ 0
Redevelopment Communities
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	344
Initial Cost
Land and improvements	$ 7,291
Building / Construction in Progress & Improvements	29,177
Costs Subsequent to Acquisition / Construction	19,199
Total Cost
Land	7,291
Building / Construction in Progress & Improvements	48,376
Total	55,667
Accumulated Depreciation	33,782
Total Cost, Net of Accumulated Depreciation	21,885	20,825
Encumbrances	$ 0
Redevelopment Communities | AVA Ballston [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	344
Initial Cost
Land and improvements	$ 7,291
Building / Construction in Progress & Improvements	29,177
Costs Subsequent to Acquisition / Construction	19,199
Total Cost
Land	7,291
Building / Construction in Progress & Improvements	48,376
Total	55,667
Accumulated Depreciation	33,782
Total Cost, Net of Accumulated Depreciation	21,885	20,825
Encumbrances	$ 0
Other Stabilized Communities
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	5,635
Initial Cost
Land and improvements	$ 322,984
Building / Construction in Progress & Improvements	1,180,727
Costs Subsequent to Acquisition / Construction	134,285
Total Cost
Land	322,984
Building / Construction in Progress & Improvements	1,315,012
Total	1,637,996
Accumulated Depreciation	262,006
Total Cost, Net of Accumulated Depreciation	1,375,990	1,424,938
Encumbrances	$ 30,250
Other Stabilized Communities | Avalon Cerritos [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	132
Initial Cost
Land and improvements	$ 8,869
Building / Construction in Progress & Improvements	51,452
Costs Subsequent to Acquisition / Construction	611
Total Cost
Land	8,869
Building / Construction in Progress & Improvements	52,063
Total	60,932
Accumulated Depreciation	4,106
Total Cost, Net of Accumulated Depreciation	56,826	58,779
Encumbrances	$ 30,250
Other Stabilized Communities | Eaves West Valley [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	873
Initial Cost
Land and improvements	$ 90,890
Building / Construction in Progress & Improvements	132,040
Costs Subsequent to Acquisition / Construction	13,434
Total Cost
Land	90,890
Building / Construction in Progress & Improvements	145,474
Total	236,364
Accumulated Depreciation	48,144
Total Cost, Net of Accumulated Depreciation	188,220	191,439
Encumbrances	$ 0
Other Stabilized Communities | Eaves Seal Beach [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	549
Initial Cost
Land and improvements	$ 46,790
Building / Construction in Progress & Improvements	99,999
Costs Subsequent to Acquisition / Construction	37,814
Total Cost
Land	46,790
Building / Construction in Progress & Improvements	137,813
Total	184,603
Accumulated Depreciation	36,618
Total Cost, Net of Accumulated Depreciation	147,985	151,864
Encumbrances	$ 0
Other Stabilized Communities | Eaves Stamford [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	238
Initial Cost
Land and improvements	$ 5,956
Building / Construction in Progress & Improvements	23,993
Costs Subsequent to Acquisition / Construction	14,991
Total Cost
Land	5,956
Building / Construction in Progress & Improvements	38,984
Total	44,940
Accumulated Depreciation	28,261
Total Cost, Net of Accumulated Depreciation	16,679	17,338
Encumbrances
Other Stabilized Communities | Avalon Meadows at Castle Rock
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	240
Initial Cost
Land and improvements	$ 8,527
Building / Construction in Progress & Improvements	64,564
Costs Subsequent to Acquisition / Construction	816
Total Cost
Land	8,527
Building / Construction in Progress & Improvements	65,380
Total	73,907
Accumulated Depreciation	7,177
Total Cost, Net of Accumulated Depreciation	66,730	69,266
Encumbrances	$ 0
Other Stabilized Communities | Avalon Red Rocks
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	256
Initial Cost
Land and improvements	$ 4,461
Building / Construction in Progress & Improvements	70,111
Costs Subsequent to Acquisition / Construction	1,494
Total Cost
Land	4,461
Building / Construction in Progress & Improvements	71,605
Total	76,066
Accumulated Depreciation	8,324
Total Cost, Net of Accumulated Depreciation	67,742	70,604
Encumbrances	$ 0
Other Stabilized Communities | Avalon Southlands [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	338
Initial Cost
Land and improvements	$ 5,101
Building / Construction in Progress & Improvements	85,184
Costs Subsequent to Acquisition / Construction	1,534
Total Cost
Land	5,101
Building / Construction in Progress & Improvements	86,718
Total	91,819
Accumulated Depreciation	8,763
Total Cost, Net of Accumulated Depreciation	83,056	86,815
Encumbrances	$ 0
Other Stabilized Communities | Avalon Bonterra [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	314
Initial Cost
Land and improvements	$ 16,655
Building / Construction in Progress & Improvements	70,822
Costs Subsequent to Acquisition / Construction	2,585
Total Cost
Land	16,655
Building / Construction in Progress & Improvements	73,407
Total	90,062
Accumulated Depreciation	7,437
Total Cost, Net of Accumulated Depreciation	82,625	86,934
Encumbrances	$ 0
Other Stabilized Communities | Avalon Toscana [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	240
Initial Cost
Land and improvements	$ 9,213
Building / Construction in Progress & Improvements	49,705
Costs Subsequent to Acquisition / Construction	1,464
Total Cost
Land	9,213
Building / Construction in Progress & Improvements	51,169
Total	60,382
Accumulated Depreciation	3,841
Total Cost, Net of Accumulated Depreciation	56,541	60,217
Encumbrances	$ 0
Other Stabilized Communities | Avalon at the Hingham Shipyard II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	190
Initial Cost
Land and improvements	$ 8,998
Building / Construction in Progress & Improvements	55,358
Costs Subsequent to Acquisition / Construction	16
Total Cost
Land	8,998
Building / Construction in Progress & Improvements	55,374
Total	64,372
Accumulated Depreciation	4,553
Total Cost, Net of Accumulated Depreciation	59,819	61,335
Encumbrances	$ 0
Other Stabilized Communities | Avalon Sudbury [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	250
Initial Cost
Land and improvements	$ 20,248
Building / Construction in Progress & Improvements	66,544
Costs Subsequent to Acquisition / Construction	33
Total Cost
Land	20,248
Building / Construction in Progress & Improvements	66,577
Total	86,825
Accumulated Depreciation	5,944
Total Cost, Net of Accumulated Depreciation	80,881	83,537
Encumbrances	$ 0
Other Stabilized Communities | AVA North Point
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	265
Initial Cost
Land and improvements	$ 31,263
Building / Construction in Progress & Improvements	81,196
Costs Subsequent to Acquisition / Construction	2,645
Total Cost
Land	31,263
Building / Construction in Progress & Improvements	83,841
Total	115,104
Accumulated Depreciation	6,120
Total Cost, Net of Accumulated Depreciation	108,984	115,009
Encumbrances
Other Stabilized Communities | Portico at Silver Spring Metro [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	151
Initial Cost
Land and improvements	$ 3,471
Building / Construction in Progress & Improvements	41,393
Costs Subsequent to Acquisition / Construction	900
Total Cost
Land	3,471
Building / Construction in Progress & Improvements	42,293
Total	45,764
Accumulated Depreciation	3,040
Total Cost, Net of Accumulated Depreciation	42,724	43,078
Encumbrances	$ 0
Other Stabilized Communities | Avalon Piscataway [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	360
Initial Cost
Land and improvements	$ 14,329
Building / Construction in Progress & Improvements	75,738
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	14,329
Building / Construction in Progress & Improvements	75,738
Total	90,067
Accumulated Depreciation	6,093
Total Cost, Net of Accumulated Depreciation	83,974	86,843
Encumbrances	$ 0
Other Stabilized Communities | Avalon Melville [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	494
Initial Cost
Land and improvements	$ 9,228
Building / Construction in Progress & Improvements	50,063
Costs Subsequent to Acquisition / Construction	22,903
Total Cost
Land	9,228
Building / Construction in Progress & Improvements	72,966
Total	82,194
Accumulated Depreciation	44,437
Total Cost, Net of Accumulated Depreciation	37,757	40,879
Encumbrances	$ 0
Other Stabilized Communities | AVA Esterra Park [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	323
Initial Cost
Land and improvements	$ 16,405
Building / Construction in Progress & Improvements	74,564
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	16,405
Building / Construction in Progress & Improvements	74,564
Total	90,969
Accumulated Depreciation	5,124
Total Cost, Net of Accumulated Depreciation	85,845	88,859
Encumbrances	$ 0
Other Stabilized Communities | Eaves Redmond Campus [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	422
Initial Cost
Land and improvements	$ 22,580
Building / Construction in Progress & Improvements	88,001
Costs Subsequent to Acquisition / Construction	33,045
Total Cost
Land	22,580
Building / Construction in Progress & Improvements	121,046
Total	143,626
Accumulated Depreciation	34,024
Total Cost, Net of Accumulated Depreciation	109,602	112,142
Encumbrances	$ 0
Development Communities
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	5,128
Initial Cost
Land and improvements	$ 188,026
Building / Construction in Progress & Improvements	527,156
Costs Subsequent to Acquisition / Construction	929,514
Total Cost
Land	188,026
Building / Construction in Progress & Improvements	1,456,670
Total	1,644,696
Accumulated Depreciation	13,312
Total Cost, Net of Accumulated Depreciation	1,631,384	1,067,278
Encumbrances	$ 0
Development Communities | AVA Hollywood [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	695
Initial Cost
Land and improvements	$ 81,731
Building / Construction in Progress & Improvements	228,194
Costs Subsequent to Acquisition / Construction	59,491
Total Cost
Land	81,731
Building / Construction in Progress & Improvements	287,685
Total	369,416
Accumulated Depreciation	5,682
Total Cost, Net of Accumulated Depreciation	363,734	325,576
Encumbrances	$ 0
Development Communities | Avalon Brea Place [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	653
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	2,011
Costs Subsequent to Acquisition / Construction	200,834
Total Cost
Land	0
Building / Construction in Progress & Improvements	202,845
Total	202,845
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	202,845	112,025
Encumbrances	$ 0
Development Communities | Avalon Monrovia [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	154
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	405
Costs Subsequent to Acquisition / Construction	46,166
Total Cost
Land	0
Building / Construction in Progress & Improvements	46,571
Total	46,571
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	46,571	15,830
Encumbrances	$ 0
Development Communities | AVA RiNo [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	246
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	34
Costs Subsequent to Acquisition / Construction	49,245
Total Cost
Land	0
Building / Construction in Progress & Improvements	49,279
Total	49,279
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	49,279	18,226
Encumbrances	$ 0
Development Communities | Avalon Acton II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	86
Initial Cost
Land and improvements	$ 1,159
Building / Construction in Progress & Improvements	19,741
Costs Subsequent to Acquisition / Construction	8,032
Total Cost
Land	1,159
Building / Construction in Progress & Improvements	27,773
Total	28,932
Accumulated Depreciation	129
Total Cost, Net of Accumulated Depreciation	28,803	4,474
Encumbrances	$ 0
Development Communities | Avalon Easton 2
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	44
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	0
Costs Subsequent to Acquisition / Construction	2,589
Total Cost
Land	0
Building / Construction in Progress & Improvements	2,589
Total	2,589
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	2,589
Encumbrances	$ 0
Development Communities | Avalon Woburn [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	350
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	52
Costs Subsequent to Acquisition / Construction	67,850
Total Cost
Land	0
Building / Construction in Progress & Improvements	67,902
Total	67,902
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	67,902	29,689
Encumbrances	$ 0
Development Communities | Twinbrook Station [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	238
Initial Cost
Land and improvements	$ 1,537
Building / Construction in Progress & Improvements	10,336
Costs Subsequent to Acquisition / Construction	46,506
Total Cost
Land	1,537
Building / Construction in Progress & Improvements	56,842
Total	58,379
Accumulated Depreciation	31
Total Cost, Net of Accumulated Depreciation	58,348	30,788
Encumbrances	$ 0
Development Communities | Avalon East Harbor [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	400
Initial Cost
Land and improvements	$ 3,387
Building / Construction in Progress & Improvements	34,696
Costs Subsequent to Acquisition / Construction	87,836
Total Cost
Land	3,387
Building / Construction in Progress & Improvements	122,532
Total	125,919
Accumulated Depreciation	198
Total Cost, Net of Accumulated Depreciation	125,721	86,367
Encumbrances	$ 0
Development Communities | Avalon Foundry Row [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	437
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	2,011
Costs Subsequent to Acquisition / Construction	77,227
Total Cost
Land	0
Building / Construction in Progress & Improvements	79,238
Total	79,238
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	79,238	21,480
Encumbrances	$ 0
Development Communities | Avalon Old Bridge [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	252
Initial Cost
Land and improvements	$ 3,008
Building / Construction in Progress & Improvements	28,990
Costs Subsequent to Acquisition / Construction	31,299
Total Cost
Land	3,008
Building / Construction in Progress & Improvements	60,289
Total	63,297
Accumulated Depreciation	244
Total Cost, Net of Accumulated Depreciation	63,053	35,463
Encumbrances	$ 0
Development Communities | Avalon Somerville Station
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	375
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	0
Costs Subsequent to Acquisition / Construction	25,385
Total Cost
Land	0
Building / Construction in Progress & Improvements	25,385
Total	25,385
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	25,385
Encumbrances	$ 0
Development Communities | Avalon Yonkers [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	590
Initial Cost
Land and improvements	$ 19,500
Building / Construction in Progress & Improvements	117,593
Costs Subsequent to Acquisition / Construction	68,889
Total Cost
Land	19,500
Building / Construction in Progress & Improvements	186,482
Total	205,982
Accumulated Depreciation	3,321
Total Cost, Net of Accumulated Depreciation	202,661	165,749
Encumbrances	$ 0
Development Communities | Avalon Harrison [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	143
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	0
Costs Subsequent to Acquisition / Construction	38,436
Total Cost
Land	0
Building / Construction in Progress & Improvements	38,436
Total	38,436
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	38,436	26,158
Encumbrances	$ 0
Development Communities | Avalon Harbor Isle
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	172
Initial Cost
Land and improvements	$ 0
Building / Construction in Progress & Improvements	0
Costs Subsequent to Acquisition / Construction	27,163
Total Cost
Land	0
Building / Construction in Progress & Improvements	27,163
Total	27,163
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	27,163
Encumbrances	$ 0
Development Communities | Avalon Newcastle Commons II [Member]
Real Estate and Accumulated Depreciation
Number of apartment homes in communities owned | home	293
Initial Cost
Land and improvements	$ 310
Building / Construction in Progress & Improvements	6,807
Costs Subsequent to Acquisition / Construction	92,566
Total Cost
Land	310
Building / Construction in Progress & Improvements	99,373
Total	99,683
Accumulated Depreciation	14
Total Cost, Net of Accumulated Depreciation	99,669	43,966
Encumbrances	0
Development Communities | The Park Loggia [Member]
Initial Cost
Land and improvements	77,394
Building / Construction in Progress & Improvements	76,286
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	77,394
Building / Construction in Progress & Improvements	76,286
Total	153,680
Accumulated Depreciation	3,693
Total Cost, Net of Accumulated Depreciation	149,987	151,487
Encumbrances	0
Land Held for Development
Initial Cost
Land and improvements	110,142
Building / Construction in Progress & Improvements	0
Costs Subsequent to Acquisition / Construction	0
Total Cost
Land	110,142
Building / Construction in Progress & Improvements	0
Total	110,142
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	110,142	0
Encumbrances	0
Corporate overhead
Initial Cost
Land and improvements	7,814
Building / Construction in Progress & Improvements	11,414
Costs Subsequent to Acquisition / Construction	95,270
Total Cost
Land	7,814
Building / Construction in Progress & Improvements	106,684
Total	114,498
Accumulated Depreciation	56,275
Total Cost, Net of Accumulated Depreciation	58,223	45,115
Encumbrances	6,750,000
For-Sale Condominium Inventory
Initial Cost
Land and improvements	131,934
Building / Construction in Progress & Improvements	233,794
Costs Subsequent to Acquisition / Construction	(98,509)
Total Cost
Land	131,934
Building / Construction in Progress & Improvements	135,285
Total	267,219
Accumulated Depreciation	0
Total Cost, Net of Accumulated Depreciation	267,219	457,809
Encumbrances	0
2020 Disposals
Total Cost
Total Cost, Net of Accumulated Depreciation		$ 280,571
Unsecured notes
Total Cost
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	47,995
Secured notes
Total Cost
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	$ 17,482