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Investments - Narrative (Details)
ft² in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
USD ($)
ft²
entity
loan
Sep. 30, 2021
USD ($)
Sep. 30, 2022
USD ($)
home
entity
ft²
community
loan
Sep. 30, 2021
USD ($)
Equity method investment        
Number of communities acquired | community     3  
Payments to acquire other real estate     $ 459,695,000 $ 392,746,000
Number of mezzanine loans | loan 3   3  
Initial commitment for mezzanine loan $ 92,375,000   $ 92,375,000  
Outstanding funding on mezzanine loans 15,514,000   15,514,000  
Nonoperating expense related to development pursuits (6,514,000) $ (417,000) (9,865,000) (1,900,000)
Impairment losses on long-lived assets 0 0 0 0
Casualty and impairment loss 0 1,940,000 0 3,117,000
Other than temporary losses on investments $ 0 0 0 0
Pacific Northwest        
Equity method investment        
Write off of acquisition related costs related to a development right that is no longer probable     5,335,000  
Hurricane | East Coast        
Equity method investment        
Casualty and impairment loss   1,971,000   1,971,000
Fire        
Equity method investment        
Casualty and impairment loss       1,146,000
Avalon Grosvenor Tower | Notes payable maturing in 2022 | Secured Debt        
Equity method investment        
Repayments of secured debt     39,060,000  
Avalon Studio 4121 | Notes payable maturing in 2022 | Secured Debt        
Equity method investment        
Repayments of secured debt     25,768,000  
Avalon Station 250 | Notes payable maturing in 2022 | Secured Debt        
Equity method investment        
Repayments of secured debt     $ 50,385,000  
Avalon Flatirons        
Equity method investment        
Number of apartment homes acquired | home     207  
Square feet of commercial space | ft² 16   16  
Payments to acquire other real estate     $ 95,000,000  
Waterford Court        
Equity method investment        
Number of apartment homes acquired | home     196  
Payments to acquire other real estate     $ 69,500,000  
Avalon Miramar Park Place        
Equity method investment        
Number of apartment homes acquired | home     650  
Payments to acquire other real estate     $ 295,000,000  
The Park Loggia        
Equity method investment        
Proceeds from sale of real estate $ 38,991,000   $ 120,328,000  
Square feet of commercial space | 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 7   7  
US Fund        
Equity method investment        
Ownership percentage 28.60%   28.60%  
Number of communities sold | community     3  
Income from equity method investments due to recognition of promoted interest $ (4,690,000)      
US Fund | Avalon Grosvenor Tower        
Equity method investment        
Number of apartment homes sold | home     237  
Proceeds from sale of real estate     $ 95,250,000  
Gain on disposal of equity method investment     $ (9,187,000)  
US Fund | Avalon Studio 4121        
Equity method investment        
Number of apartment homes sold | home     149  
Proceeds from sale of real estate     $ 76,000,000  
Gain on disposal of equity method investment     $ (9,236,000)  
US Fund | Avalon Station 250        
Equity method investment        
Number of apartment homes sold | home     285  
Proceeds from sale of real estate     $ 142,250,000  
Gain on disposal of equity method investment     $ (19,639,000)  
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%