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Debt - Narrative (Details) - USD ($)
1 Months Ended 6 Months Ended
May 31, 2024
Jul. 31, 2023
Jun. 30, 2024
Dec. 31, 2023
Notes Payable, Unsecured Notes and Credit Facility        
Commercial paper, maximum borrowing capacity     $ 500,000,000  
Net carrying value of apartment communities and improved land parcels securing debt     19,412,588,000 $ 19,342,871,000
Unsecured Notes 5.350 Percent        
Notes Payable, Unsecured Notes and Credit Facility        
Assumption of fixed rate mortgage loan $ 400,000,000      
Proceeds from issuance of debt $ 396,188,000      
Asset Pledged as Collateral | Notes Payable, Other Payables        
Notes Payable, Unsecured Notes and Credit Facility        
Net carrying value of apartment communities and improved land parcels securing debt     1,262,256,000  
Credit Facility        
Notes Payable, Unsecured Notes and Credit Facility        
Available borrowing capacity     $ 2,250,000,000 $ 2,250,000,000
Annual facility fee, percentage     0.12%  
Line of credit facility, commitment fee percentage, increase (decrease)   0.005%    
Credit Facility | Minimum        
Notes Payable, Unsecured Notes and Credit Facility        
Annual facility fee, percentage     0.095%  
Credit Facility | Maximum        
Notes Payable, Unsecured Notes and Credit Facility        
Annual facility fee, percentage     0.295%  
Credit Facility | Secured Overnight Financing Rate (SOFR)        
Notes Payable, Unsecured Notes and Credit Facility        
Current interest rate (as a percent)     6.14%  
Debt instrument, basis spread on variable rate (as a percent)     0.805%  
Debt instrument, basis spread on variable rate, increase (decrease)   0.02%    
Credit Facility | Secured Overnight Financing Rate (SOFR) | Minimum        
Notes Payable, Unsecured Notes and Credit Facility        
Debt instrument, basis spread on variable rate (as a percent)     0.63%  
Credit Facility | Secured Overnight Financing Rate (SOFR) | Maximum        
Notes Payable, Unsecured Notes and Credit Facility        
Debt instrument, basis spread on variable rate (as a percent)     1.38%  
Credit Facility | SOFR Adjustment        
Notes Payable, Unsecured Notes and Credit Facility        
Debt instrument, basis spread on variable rate (as a percent)     0.10%  
Credit Facility | SOFR Base Rate        
Notes Payable, Unsecured Notes and Credit Facility        
Debt instrument, basis spread on variable rate (as a percent)     0.705%  
Unsecured Notes 5.350 Percent | Unsecured notes        
Notes Payable, Unsecured Notes and Credit Facility        
Current interest rate (as a percent) 5.05%      
Fixed interest rate 5.35%