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Investments in Real Estate Entities - Narrative of Investment in Real Estate Entities (Details)
ft² in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
USD ($)
entity
ft²
Sep. 30, 2020
USD ($)
Sep. 30, 2021
USD ($)
home
ft²
community
entity
Sep. 30, 2020
USD ($)
Equity method investment        
Number of communities acquired | community     4  
Payments to Acquire Other Real Estate     $ 392,746 $ 0
Nonoperating expense related to development pursuits $ (417) $ (567) (1,900) (4,289)
Casualty and impairment loss 1,940 0 3,117 0
Other than Temporary Impairment Losses, Investments 0 0 0 0
Hurricane | East Coast        
Equity method investment        
Casualty and impairment loss $ 1,971   1,971  
Fire        
Equity method investment        
Casualty and impairment loss     $ 1,146  
AC JV        
Equity method investment        
Number of Apartment Communities Sold | community     2  
Avalon North Point and Avalon North Point Lofts | Notes Payable Maturities 2021 | Secured Debt        
Equity method investment        
Repayments of Secured Debt     $ 111,653  
Avalon Arundel Crossing East        
Equity method investment        
Number of Apartment Homes Acquired | home     384  
Payments to Acquire Other Real Estate     $ 119,000  
Avalon Lakeside        
Equity method investment        
Number of Apartment Homes Acquired | home     425  
Payments to Acquire Other Real Estate     $ 117,000  
Commercial Square Feet | ft² 18   18  
HUB South End        
Equity method investment        
Number of Apartment Homes Acquired | home     265  
Payments to Acquire Other Real Estate     $ 104,350  
Commercial Square Feet | ft² 23   23  
Three30Five        
Equity method investment        
Number of Apartment Homes Acquired | home     164  
Payments to Acquire Other Real Estate     $ 52,650  
The Park Loggia        
Equity method investment        
Proceeds from Sale of Real Estate $ 54,277   $ 107,278  
Commercial Square Feet | ft² 66   66  
Casualty and impairment loss $ 0 0 $ 0 0
Land Parcel        
Equity method investment        
Casualty and impairment loss $ 0 $ 0 $ 0 $ 0
Unconsolidated real estate entities        
Equity method investment        
Number of unconsolidated real estate entities | entity 8   8  
AC JV        
Equity method investment        
Proceeds from Sale of Real Estate     $ 325,000  
AC JV | Avalon North Point and Avalon North Point Lofts        
Equity method investment        
Number Of Apartment Homes Sold | home     529  
Equity Method Investment, Realized Gain (Loss) on Disposal     $ 23,305  
Minimum | Unconsolidated real estate entities        
Equity method investment        
Ownership percentage 20.00%   20.00%  
Maximum | Unconsolidated real estate entities        
Equity method investment        
Ownership percentage 50.00%   50.00%