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Real Estate Disposition Activities | 12 Months Ended
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Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract] |
Real Estate Disposition Activities | Real Estate Disposition Activities The following activity took place during the year ended December 31, 2018:
• | The Company sold eight wholly-owned operating communities, containing an aggregate of 1,798 apartment homes for an aggregate sales price of $618,750,000 and an aggregate gain of $195,115,000.
• | The Company contributed five wholly-owned operating communities to the NYC Joint Venture for a sales price of $758,900,000, recognizing a gain on sale of $179,861,000. See Note 5, “Investments in Real Estate Entities,” for additional discussion of the venture.
• | The Company sold other real estate for an aggregate sales price of $639,000, resulting in an aggregate gain of $345,000.
Details regarding the real estate sales are summarized in the following table (dollars in thousands):
Community Name |  | Location |  | Period of sale |  | Apartment homes |  | Debt |  | Gross sales price |  | Net cash proceeds
Avalon Blue Hills/Avalon Canton at Blue Hills |  | Randolph/Canton, MA |  | Q218 |  | 472 |  |  | $ | — |  |  | $ | 131,250 |  |  | $ | 129,466 |
Eaves North Quincy |  | Quincy, MA |  | Q218 |  | 224 |  |  | — |  |  | 64,250 |  |  | 63,302 |
Avalon Anaheim Stadium |  | Anaheim, CA |  | Q218 |  | 251 |  |  | — |  |  | 111,600 |  |  | 105,495 |
Avalon Ballston Place |  | Arlington, VA |  | Q318 |  | 383 |  |  | — |  |  | 169,000 |  |  | 166,921 |
Avalon at Fairway Hills - Fields |  | Columbia, MD |  | Q418 |  | 192 |  |  | — |  |  | 39,500 |  |  | 38,744 |
Avalon Fashion Valley |  | San Diego, CA |  | Q418 |  | 161 |  |  | — |  |  | 70,750 |  |  | 69,781 |
Avalon Andover |  | Andover, MA |  | Q418 |  | 115 |  |  | — |  |  | 32,400 |  |  | 31,765 |
NYC Joint Venture (1) |  | New York, NY |  | Q418 |  | 1,301 |  |  | 395,939 |  |  | 758,900 |  |  | 276,799 |
Other real estate dispositions (2) |  | multiple |  | 2018 |  | N/A |  |  | — |  |  | 639 |  |  | 1,040 |
Total of 2018 asset sales |  |  |  |  |  | 3,099 |  |  | $ | 395,939 |  |  | $ | 1,378,289 |  |  | $ | 883,313 |
Total of 2017 asset sales |  |  |  |  |  | 1,624 |  |  | $ | — |  |  | $ | 514,654 |  |  | $ | 503,039 |
Total of 2016 asset sales |  |  |  |  |  | 2,051 |  |  | $ | — |  |  | $ | 564,028 |  |  | $ | 532,717 |
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(1) | The Company contributed five communities located in New York, NY, to the NYC Joint Venture, in which the Company retained a 20.0% ownership interest, as discussed in Note 5, "Investments in Real Estate Entities."
(2) | Primarily composed of the sale of one undeveloped land parcel, located in Fairfax City, VA.
As of December 31, 2018, the Company had one community and two ancillary land parcels that qualified as held for sale.

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details
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