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Fair Value (Tables)
 12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of summary of consolidated hedging derivatives, excluding derivatives executed to hedge debt on communities classified as held for sale
The following table summarizes the consolidated derivative positions at December 31, 2022 (dollars in thousands):
Non-designated Hedges
Interest Rate Caps
Notional balance$402,670 
Weighted average interest rate (1)5.3 %
Weighted average swapped/capped interest rate6.1 %
Earliest maturity dateJanuary 2024
Latest maturity dateNovember 2026
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(1)     For debt hedged by interest rate caps, represents the weighted average interest rate on the hedged debt prior to any impact of the associated interest rate caps.
Summary of deferred losses reclassified from AOCI
The following table summarizes the deferred losses reclassified from accumulated other comprehensive loss into earnings (dollars in thousands):
 For the year ended December 31,
 202220212020
Cash flow hedge losses reclassified to earnings$3,883 $13,151 $8,984 
Schedule of summary of classification between the three levels of the fair value hierarchy of the Company's financial instruments measured at fair value on a recurring basis
The following tables summarize the classification between the three levels of the fair value hierarchy of the Company's financial instruments measured/disclosed at fair value on a recurring basis (dollars in thousands):
DescriptionTotal Fair
Value		Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
 December 31, 2022
Assets
Investments
Equity Securities$27,027 $— $27,027 $— 
Notes Receivable, net28,860 — 28,860 — 
Non Designated Hedges
  Interest Rate Caps455 — 455 — 
Total Assets$56,342 $— $56,342 $— 
Liabilities
DownREIT units$1,211 $1,211 $— $— 
Indebtedness
  Fixed rate unsecured notes6,653,681 6,653,681 — — 
  Mortgage notes payable, Commercial Paper Program and variable
  rate unsecured notes
553,591 — 553,591 — 
  Total Liabilities$7,208,483 $6,654,892 $553,591 $— 
December 31, 2021
Assets
Non Designated Hedges
Interest Rate Caps$225 $— $225 $— 
Interest Rate Swaps - Assets3,204 — 3,204 — 
Total Assets$3,429 $— $3,429 $— 
Liabilities
DownREIT units$1,895 $1,895 $— $— 
Indebtedness
  Fixed rate unsecured notes7,624,560 7,624,560 — — 
  Mortgage notes payable and variable rate unsecured notes
940,779 — 940,779 — 
Total Liabilities$8,567,234 $7,626,455 $940,779 $—