XML 65 R38.htm IDEA: XBRL DOCUMENT v2.4.0.6
Archstone Acquisition (Details 2) (Archstone, USD $)
0 Months Ended 3 Months Ended 3 Months Ended 0 Months Ended
Feb. 27, 2013
community
Feb. 27, 2013
Archstone Legacy Entities
entity
community
May 31, 2013
Archstone Legacy Entities
Mar. 31, 2013
Archstone U.S. Fund
item
community
Mar. 31, 2013
AC JV
item
home
community
Feb. 27, 2013
AC JV
Mar. 31, 2013
Brandywine
Feb. 27, 2013
Brandywine
item
community
Feb. 27, 2013
Residual JV
entity
item
home
community
Investments in Archstone Legacy Entities                  
Indirect ownership interest (as a percent)   2758.00%              
Number of operating communities in which Archstone Legacy Entities holds indirect interest   16              
Number of operating communities acquired 60                
Aggregate liquidation preference   $ 175,000,000              
Liquidation preference subject to redemption at the election of the holders   102,000,000              
Number of entities previously entered into tax protection arrangements   1              
Percentage of the economic cost of preferred redemption obligations   40.00%              
Economic cost of preferred redemption obligations fair value, proportionate share of entity     66,500,000            
Investments in Archstone Unconsolidated Entities                  
Equity interest held (as a percent) 40.00%         20.00% 28.70% 26.10%  
Number of communities owned       9 2       6
Number of apartment communities owned       1,728 818     305 1,902
Number of apartment homes in communities for development         444        
Number of marina communities       1          
Number of boat slips       218          
Number of loans secured by individual assets       9 8        
Debt outstanding       $ 329,684,000 $ 162,300,000   $ 17,665,000    
Number of members who hold various interests in the joint venture               5  
Additional interest purchased             2.60%    
Number of limited liability company agreements                 3
Ownership interest held by subsidiaries of the entity (as a percent)                 40.00%
Number of land parcels         2       2