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Organization, Basis of Presentation and Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 30, 2025
Accounting Policies [Abstract]  
Schedule of earnings per common share The Company's earnings per common share are determined as follows (dollars in thousands, except per share data):
 For the three months ended September 30,For the nine months ended September 30,
 2025202420252024
Basic and diluted shares outstanding  
Weighted average common shares - basic142,089,075 142,038,838 142,132,739 141,981,920 
Effect of dilutive securities1,446,326 477,846 972,016 394,514 
Weighted average common shares - diluted143,535,401 142,516,684 143,104,755 142,376,434 
Calculation of Earnings per Common Share - basic  
Net income attributable to common stockholders$381,306 $372,519 $886,568 $799,902 
Net income allocated to unvested restricted shares(719)(706)(1,660)(1,537)
Net income attributable to common stockholders - basic$380,587 $371,813 $884,908 $798,365 
Weighted average common shares - basic142,089,075 142,038,838 142,132,739 141,981,920 
Earnings per common share - basic$2.68 $2.62 $6.23 $5.62 
Calculation of Earnings per Common Share - diluted  
Net income attributable to common stockholders$381,306 $372,519 $886,568 $799,902 
Net income attributable to DownREIT unitholders in consolidated partnerships2,856 — 4,046 — 
Net income - diluted$384,162 $372,519 $890,614 $799,902 
Weighted average common shares - diluted143,535,401 142,516,684 143,104,755 142,376,434 
Earnings per common share - diluted$2.68 $2.61 $6.22 $5.62 
Disaggregation of revenue
The following table details the Company’s revenue disaggregated by reportable operating segment, further discussed in Note 8, “Segment Reporting,” for the three and nine months ended September 30, 2025 and 2024. Segment information for total revenue excludes real estate assets that were sold from January 1, 2024 through September 30, 2025, or otherwise qualify as held for sale as of September 30, 2025, as described in Note 6, "Real Estate Disposition Activities" (dollars in thousands):

Same StoreOther
Stabilized 		Development/
Redevelopment 		Non-
allocated (1)		Total
For the three months ended September 30, 2025
Management, development and other fees and other ancillary items$— $— $— $1,870 $1,870 
Non-lease related revenue (2)2,222 1,761 108 — 4,091 
Total non-lease revenue2,222 1,761 108 1,870 5,961 
Lease income (3)689,703 45,709 13,554 — 748,966 
Total revenue$691,925 $47,470 $13,662 $1,870 $754,927 
For the three months ended September 30, 2024
Management, development and other fees and other ancillary items$— $— $— $1,716 $1,716 
Non-lease related revenue (2)1,966 1,427 51 — 3,444 
Total non-lease revenue1,966 1,427 51 1,716 5,160 
Lease income (3)674,384 24,283 2,860 — 701,527 
Total revenue$676,350 $25,710 $2,911 $1,716 $706,687 
Same StoreOther
Stabilized 		Development/
Redevelopment 		Non-
allocated (1)		Total
For the nine months ended September 30, 2025
Management, development and other fees and other ancillary items$— $— $— $5,204 $5,204 
Non-lease related revenue (2)6,267 4,822 252 — 11,341 
Total non-lease revenue6,267 4,822 252 5,204 16,545 
Lease income (3)2,058,298 117,508 29,470 — 2,205,276 
Total revenue$2,064,565 $122,330 $29,722 $5,204 $2,221,821 
For the nine months ended September 30, 2024
Management, development and other fees and other ancillary items$— $— $— $5,342 $5,342 
Non-lease related revenue (2)6,881 4,115 104 — 11,100 
Total non-lease revenue6,881 4,115 104 5,342 16,442 
Lease income (3)2,002,968 49,431 4,669 — 2,057,068 
Total revenue$2,009,849 $53,546 $4,773 $5,342 $2,073,510 
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(1)Represents third-party property management, developer fees and miscellaneous income and other ancillary items which are not allocated to a reportable segment.
(2)Amounts include revenue streams related to leasing activities that are not considered components of a lease, and revenue streams not related to leasing activities including, but not limited to, application fees, renters insurance fees and vendor revenue sharing.
(3)Represents residential and commercial rental and other lease income, as discussed above, under "Leases".