Real Estate Disposition Activities (Tables)

12 Months Ended

Dec. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

Details regarding the real estate sales

Details regarding the real estate sales, excluding for-sale residential condominiums at The Park Loggia, are summarized in the following table (dollars in thousands):

Community Name	Location	Period of sale	Apartment homes	Debt		Gross sales price		Net cash proceeds
eaves Stamford	Stamford, CT	Q121	238	$	—	$	72,000	$	70,062
Avalon Norwalk	Norwalk, CT	Q221	311	—		103,000		101,422
AVA Cortez Hill	San Diego, CA	Q221	299	—		96,500		94,648
Avalon Redmond Place	Redmond, WA	Q221	222	—		97,700		86,750
Avalon Bronxville	Bronxville, NY	Q221	110	—		89,000		88,088
Avalon Glen Cove & Avalon Glen Cove North	Glen Cove, NY	Q221	367	—		126,000		125,564
eaves Lawrenceville	Lawrenceville, NJ	Q421	632	—		208,000		203,705
Avalon at Center Place	Providence, RI	Q421	225	—		75,000		71,841
Other real estate (1)	multiple	2021	N/A	—		7,858		8,150
Total of 2021 asset sales			2,404	$	—	$	875,058	$	850,230
Total of 2020 asset sales			1,817	$	—	$	634,250	$	619,773
Total of 2019 asset sales			1,660	$	21,700	$	431,280	$	422,041

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(1)     Represents the sale of one undeveloped land parcel, located in Boston, MA, and condominium rights, located in Plymouth, MA.