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Investments in Real Estate Entities (Tables) | 12 Months Ended
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Dec. 31, 2014
Equity Method Investments and Joint Ventures [Abstract] |
Combined summary of the financial position of the entities accounted for using the equity method | The following is a combined summary of the financial position of the entities accounted for using the equity method as of the dates presented, excluding amounts associated with the Residual JV (dollars in thousands):
| 12/31/14 |  | 12/31/13
Assets: |  |  |  |  |
Real estate, net | $ | 1,617,627 |  |  | $ | 1,905,005 |
Other assets | 72,290 |  |  | 164,183 |
Total assets | $ | 1,689,917 |  |  | $ | 2,069,188 |
Liabilities and partners' capital: |  |  |  |  |
Mortgage notes payable and credit facility | $ | 980,128 |  |  | $ | 1,251,067 |
Other liabilities | 24,884 |  |  | 32,257 |
Partners' capital | 684,905 |  |  | 785,864 |
Total liabilities and partners' capital | $ | 1,689,917 |  |  | $ | 2,069,188 |
Combined summary of the operating results of the entities accounted for using the equity method | The following is a combined summary of the operating results of the entities accounted for using the equity method, for the years presented, excluding amounts associated with the Residual JV (dollars in thousands):
| For the year ended
| 12/31/14 |  | 12/31/13 |  | 12/31/12
Rental and other income | $ | 198,939 |  |  | $ | 212,994 |  |  | $ | 172,076 |
Operating and other expenses | (80,301 | ) |  | (86,434 | ) |  | (73,955 | )
Gain on sale of real estate (1) | 333,221 |  |  | 96,152 |  |  | 106,195 |
Interest expense, net | (61,458 | ) |  | (61,404 | ) |  | (53,904 | )
Depreciation expense | (52,116 | ) |  | (61,002 | ) |  | (47,748 | )
Net income | $ | 338,285 |  |  | $ | 100,306 |  |  | $ | 102,664 |
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(1) | Amount for the year ended December 31, 2012 includes $44,700 of gain recognized by the joint venture associated with the Company's acquisition of Avalon Del Rey from its joint venture partner.
Equity in income of unconsolidated entities | The following is a summary of the Company's equity in income (loss) of unconsolidated entities for the years presented (dollars in thousands):
| For the year ended
| 12/31/14 |  | 12/31/13 |  | 12/31/12
Fund I (1) | $ | 475 |  |  | $ | 10,924 |  |  | $ | 7,041 |
Fund II (2) | 24,808 |  |  | 6,206 |  |  | 2,130 |
U.S. Fund (3) | 342 |  |  | (661 | ) |  | — |
AC JV (3) | 1,579 |  |  | 2,569 |  |  | — |
CVP I, LLC (4) | 113,127 |  |  | 5,783 |  |  | 5,394 |
MVP I, LLC (5) | 1,651 |  |  | 1,137 |  |  | 493 |
Brandywine (3) | 828 |  |  | 661 |  |  | — |
Arna Valley View LP (6) | 2,406 |  |  | — |  |  | — |
Residual JV (3) (7) | 3,547 |  |  | (38,332 | ) |  | — |
Avalon Del Rey, LLC (8) | — |  |  | 181 |  |  | 4,000 |
Juanita Village (6) | 3 |  |  | 378 |  |  | 1,856 |
Total | $ | 148,766 |  |  | $ | (11,154 | ) |  | $ | 20,914 |
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(1) | Equity in income for the years ended December 31, 2014, 2013 and 2012 includes the Company's proportionate share of the gain on the sale of Fund I assets of $944, $11,484 and $7,971, respectively.
(2) | Equity in income for the years ended December 31, 2014 and 2013 includes the Company's proportionate share of the gain on the sale of Fund II assets of $21,624 and $2,790, respectively.
(3) | The Company's joint venture partner's interest was acquired in conjunction with the Archstone Acquisition.
(4) | Equity in income for the years ended December 31, 2014, 2013 and 2012 includes $61,218, $5,527 and $5,260, respectively, relating to the Company's recognition of its promoted interest. Amount for 2014 also includes $50,478 related to the disposition of Avalon Chrystie Place.
(5) | Equity in income for the years ended December 31, 2014 and 2013 includes $930 and $516 relating to the Company's recognition of its promoted interest.
(6) | The Company's equity in income for this entity represents its residual profits from the sale of the community.
(7) | Equity in income from this entity for 2013 includes certain expensed Archstone Acquisition costs borne by the venture.
(8) | During 2012, the Company purchased its joint venture partner's interest in this venture.

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- Definition Tabular presentation of summary balance sheet information of the entity's equity method investees. + References No definition available. + Details
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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 + Details
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