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Investments - Narrative (Details)
ft² in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
USD ($)
ft²
home
community
investor
Dec. 31, 2020
USD ($)
community
Dec. 31, 2019
USD ($)
home
community
Dec. 31, 2018
community
ft²
home
Schedule of Equity Method Investments [Line Items]        
Number of real estate properties | community 278      
Preferred interest obligation redemption and dividends $ (1,340) $ (1,000) $ (1,400)  
Number of units in real estate property | home 81,803      
Number of communities acquired | community 7 0 5  
Gain on sale of communities $ 602,235 $ 340,444 $ 166,105  
Number of apartment homes acquired | home     1,175  
Payments to acquire other real estate $ 771,692 $ 0 $ 420,517  
AVA North Point        
Schedule of Equity Method Investments [Line Items]        
Payments to acquire other real estate     71,280  
Avalon Arundel Crossing East        
Schedule of Equity Method Investments [Line Items]        
Number of apartment homes acquired | home 384      
Payments to acquire other real estate $ 119,000      
Avalon Lakeside        
Schedule of Equity Method Investments [Line Items]        
Number of apartment homes acquired | home 425      
Payments to acquire other real estate $ 117,000      
Commercial square feet | ft² 18      
Hub South End        
Schedule of Equity Method Investments [Line Items]        
Number of apartment homes acquired | home 265      
Payments to acquire other real estate $ 104,350      
Commercial square feet | ft² 23      
Three30Five        
Schedule of Equity Method Investments [Line Items]        
Number of apartment homes acquired | home 164      
Payments to acquire other real estate $ 52,650      
Avalon Fort Lauderdale        
Schedule of Equity Method Investments [Line Items]        
Number of apartment homes acquired | home 243      
Payments to acquire other real estate $ 150,000      
Commercial square feet | ft² 49      
Avalon Miramar        
Schedule of Equity Method Investments [Line Items]        
Number of apartment homes acquired | home 380      
Payments to acquire other real estate $ 133,000      
Hawk        
Schedule of Equity Method Investments [Line Items]        
Number of apartment homes acquired | home 71      
Payments to acquire other real estate $ 48,500      
2019 Acquisitions        
Schedule of Equity Method Investments [Line Items]        
Payments to acquire other real estate     $ 345,450  
US Fund        
Schedule of Equity Method Investments [Line Items]        
Ownership percentage of equity method investment 28.60%      
Number of apartment communities sold | community   1 1  
Number of real estate properties | community 3      
Equity method investments $ 18,706      
US Fund | Avalon Venice on Rose        
Schedule of Equity Method Investments [Line Items]        
Realized gain (loss) on disposal of equity method investment   $ 5,157    
US Fund | Avalon Marina Bay        
Schedule of Equity Method Investments [Line Items]        
Realized gain (loss) on disposal of equity method investment     $ 5,788  
ACJV        
Schedule of Equity Method Investments [Line Items]        
Ownership percentage of equity method investment 20.00%      
Equity method investments $ 2,579      
Proceeds from sale of real estate 325,000      
ACJV | Avalon North Point and Avalon North Point Lofts        
Schedule of Equity Method Investments [Line Items]        
Realized gain (loss) on disposal of equity method investment $ 23,305      
Number of apartment homes sold | home 529      
Legacy JV        
Schedule of Equity Method Investments [Line Items]        
Ownership percentage of equity method investment 40.00%      
Preferred interest obligation liquidation value $ 34,468      
AVA North Point        
Schedule of Equity Method Investments [Line Items]        
Ownership percentage of equity method investment     55.00%  
Number of units in real estate property | home 265      
AVA North Point | Joint Venture Partner        
Schedule of Equity Method Investments [Line Items]        
Ownership percentage of equity method investment     45.00%  
NYC JV        
Schedule of Equity Method Investments [Line Items]        
Ownership percentage of equity method investment 20.00%      
Equity method investments $ 61,307      
MVPI LLC        
Schedule of Equity Method Investments [Line Items]        
Ownership percentage of equity method investment 25.00%      
Number of units in real estate property | home 313      
Long-term debt, gross $ 103,000      
Brandywine        
Schedule of Equity Method Investments [Line Items]        
Ownership percentage of equity method investment 28.70%      
Equity method investments $ 16,010      
Number of units in real estate property | home 305      
Long-term debt, gross $ 20,379      
Number of members who hold various interests in joint venture | investor 5      
Avalon Alderwood Mall        
Schedule of Equity Method Investments [Line Items]        
Ownership percentage of equity method investment 50.00%      
Equity method investments $ 55,054      
Number of units in real estate property | home 328      
AVA Arts District        
Schedule of Equity Method Investments [Line Items]        
Ownership percentage of equity method investment 25.00%      
Equity method investments $ 30,436      
Number of units in real estate property | home 475      
Percent of development funded by borrowing 60.00%      
Long-term construction loan $ 167,147      
Proceeds from construction loans payable $ 11,581      
Commercial square feet | ft² 56      
Property Technology Investments        
Schedule of Equity Method Investments [Line Items]        
Other commitment $ 39,890      
Gain (loss) on equity securities (15,908)      
Equity Method Investments and Equity Securities $ 17,277      
NYC JV        
Schedule of Equity Method Investments [Line Items]        
Retail square feet sold | ft²       58
ACJV        
Schedule of Equity Method Investments [Line Items]        
Number of apartment communities sold | community 2      
NYC JV        
Schedule of Equity Method Investments [Line Items]        
Number of apartment communities sold | community       5
Number of apartment homes sold | home       1,301
Notes Payable Maturities 2021 | Secured notes | Avalon North Point and Avalon North Point Lofts        
Schedule of Equity Method Investments [Line Items]        
Repayments of secured debt $ 111,653