Commercial Paper, Maximum Borrowing Capacity

No definition available.

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- Definition

Carrying value as of the balance sheet date of short-term borrowings using unsecured obligations issued by banks, corporations and other borrowers to investors. The maturities of these money market securities generally do not exceed 270 days.

+ References

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-Section S99
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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Percentage points added to the reference rate to compute the variable rate on the debt instrument.

+ References

No definition available.

+ Details

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Period Type:	duration

- Definition

Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 6
-Subparagraph (a)
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Period Type:	instant

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

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Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

- Definition

Weighted average interest rate of debt outstanding.

+ References

No definition available.

+ Details

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Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	instant

- Definition

The total amount of the contingent obligation under letters of credit outstanding as of the reporting date.

+ References

No definition available.

+ Details

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
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+ Details

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount of the fee for available but unused credit capacity under the credit facility.

+ References

+ Details

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

- Definition

The fee, expressed as a percentage of the line of credit facility, for the line of credit facility regardless of whether the facility has been used.

+ References

No definition available.

+ Details

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- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

+ References

+ Details

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

The carrying amount, as of the date of the latest financial statement presented, of real estate owned but transferred to serve as collateral for the payment of the related debt obligation, primarily a secured borrowing or repurchase agreement, and for which the transferee is not permitted to sell or re-pledge them to an unrelated party.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 30
-Section 50
-Paragraph 1A
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Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

- Definition

The cash outflow to repay long-term debt that is not secured by collateral. Excludes repayments of tax exempt unsecured debt.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
-Section 45
-Paragraph 15
-Subparagraph (b)
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+ Details

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Balance Type:	credit
Period Type:	duration

- Details

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- Details

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- Details

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Period Type:

- Details

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Period Type:

- Details

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- Details

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Debt - Narrative (Details) - USD ($)	3 Months Ended
Debt - Narrative (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Notes Payable, Unsecured Notes and Credit Facility
Repayments of unsecured debt	$ 100,000,000	$ 0
Credit Facility	0		$ 0
Commercial paper, maximum borrowing capacity	500,000,000
Commercial paper	0		0
Net carrying value of apartment communities and improved land parcels securing debt	1,248,432,000
Variable Rate Unsecured Term Loan $100 Million \| Fixed rate unsecured notes
Notes Payable, Unsecured Notes and Credit Facility
Repayments of unsecured debt	100,000,000
Line of Credit
Notes Payable, Unsecured Notes and Credit Facility
Available borrowing capacity	$ 1,750,000,000
Annual facility fee, percentage	0.125%
Annual facility fee	$ 2,188,000
Credit Facility	0		0
Outstanding balance of letters of credit	$ 6,914,000		11,969,000
Line of Credit \| LIBOR
Notes Payable, Unsecured Notes and Credit Facility
Debt instrument, basis spread on variable rate (as a percent)	0.775%
Current interest rate (as a percent)	1.23%
Other Letter of Credit
Notes Payable, Unsecured Notes and Credit Facility
Outstanding balance of letters of credit	$ 39,831,000		$ 39,581,000
Fixed Rate Mortgage Notes Payable
Notes Payable, Unsecured Notes and Credit Facility
Weighted average interest rate, debt (as a percent)	3.70%		3.70%
Variable Rate Mortgage Notes Payable Unsecured Term Loan and Credit Facility
Notes Payable, Unsecured Notes and Credit Facility
Weighted average interest rate, debt (as a percent)	2.10%		1.70%