Real Estate Disposition Activities (Tables)

9 Months Ended

Sep. 30, 2023

Discontinued Operations and Disposal Groups [Abstract]

Summary of Real Estate Sales

The following real estate sales occurred during the nine months ended September 30, 2023 (dollars in thousands):

Community name	Location	Period of sale	Apartment homes	Gross sales price		Gain on  disposition (1)		Commercial square feet
eaves Daly City	Daly City, CA	Q2 2023	195	$	67,000	$	54,618	—
Avalon at Newton Highlands	Newton, MA	Q2 2023	294	$	170,000	$	132,723	—
Avalon Columbia Pike	Arlington, VA	Q3 2023	269	$	105,000	$	22,345	27,000

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(1)    Gain on disposition was reported in gain on sale of communities on the accompanying Condensed Consolidated Statements of Comprehensive Income.