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REAL ESTATE AND ACCUMULATED DEPRECIATION (Details) ft² in Thousands, $ in Thousands | 12 Months Ended |  |  |
--- | --- | --- | --- | ---
Dec. 31, 2018 USD ($) home ft² | Dec. 31, 2017 USD ($) | Dec. 31, 2016 USD ($) | Dec. 31, 2015 USD ($)
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 81,499 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,183,719 |  |  |
Building / Construction in Progress & Improvements | 14,536,395 |  |  |
Costs Subsequent to Acquisition / Construction | 3,622,462 |  |  |
Total Cost |  |  |  |
Land | 4,183,719 |  |  |
Building / Construction in Progress & Improvements | 18,158,857 |  |  |
Total | 22,342,576 | $ 21,935,936 | $ 20,776,626 | $ 19,268,099
Accumulated Depreciation | 4,611,646 | 4,218,379 | $ 3,743,632 | $ 3,325,790
Total Cost, Net of Accumulated Depreciation | 17,730,930 | 17,717,557 |  |
Encumbrances | $ 7,102,355 |  |  |
Current Communities |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 74,890 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,068,035 |  |  |
Building / Construction in Progress & Improvements | 14,395,399 |  |  |
Costs Subsequent to Acquisition / Construction | 1,889,559 |  |  |
Total Cost |  |  |  |
Land | 4,068,035 |  |  |
Building / Construction in Progress & Improvements | 16,284,958 |  |  |
Total | 20,352,993 |  |  |
Accumulated Depreciation | 4,556,052 |  |  |
Total Cost, Net of Accumulated Depreciation | 15,796,941 | 15,707,425 |  |
Encumbrances | $ 1,152,355 |  |  |
Current Communities | Avalon at Lexington [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 198 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 2,124 |  |  |
Building / Construction in Progress & Improvements | 12,567 |  |  |
Costs Subsequent to Acquisition / Construction | 10,758 |  |  |
Total Cost |  |  |  |
Land | 2,124 |  |  |
Building / Construction in Progress & Improvements | 23,325 |  |  |
Total | 25,449 |  |  |
Accumulated Depreciation | 14,980 |  |  |
Total Cost, Net of Accumulated Depreciation | 10,469 | 10,704 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Oaks [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 204 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 2,129 |  |  |
Building / Construction in Progress & Improvements | 17,567 |  |  |
Costs Subsequent to Acquisition / Construction | 6,197 |  |  |
Total Cost |  |  |  |
Land | 2,129 |  |  |
Building / Construction in Progress & Improvements | 23,764 |  |  |
Total | 25,893 |  |  |
Accumulated Depreciation | 14,742 |  |  |
Total Cost, Net of Accumulated Depreciation | 11,151 | 11,429 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Quincy [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 245 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 1,743 |  |  |
Building / Construction in Progress & Improvements | 14,662 |  |  |
Costs Subsequent to Acquisition / Construction | 10,450 |  |  |
Total Cost |  |  |  |
Land | 1,743 |  |  |
Building / Construction in Progress & Improvements | 25,112 |  |  |
Total | 26,855 |  |  |
Accumulated Depreciation | 15,381 |  |  |
Total Cost, Net of Accumulated Depreciation | 11,474 | 12,133 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Oaks West [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 120 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 3,318 |  |  |
Building / Construction in Progress & Improvements | 13,465 |  |  |
Costs Subsequent to Acquisition / Construction | 1,652 |  |  |
Total Cost |  |  |  |
Land | 3,318 |  |  |
Building / Construction in Progress & Improvements | 15,117 |  |  |
Total | 18,435 |  |  |
Accumulated Depreciation | 8,634 |  |  |
Total Cost, Net of Accumulated Depreciation | 9,801 | 9,953 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Orchards [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 156 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 2,983 |  |  |
Building / Construction in Progress & Improvements | 17,970 |  |  |
Costs Subsequent to Acquisition / Construction | 2,855 |  |  |
Total Cost |  |  |  |
Land | 2,983 |  |  |
Building / Construction in Progress & Improvements | 20,825 |  |  |
Total | 23,808 |  |  |
Accumulated Depreciation | 12,331 |  |  |
Total Cost, Net of Accumulated Depreciation | 11,477 | 12,192 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at the Pinehills [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 192 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,876 |  |  |
Building / Construction in Progress & Improvements | 30,401 |  |  |
Costs Subsequent to Acquisition / Construction | 1,375 |  |  |
Total Cost |  |  |  |
Land | 6,876 |  |  |
Building / Construction in Progress & Improvements | 31,776 |  |  |
Total | 38,652 |  |  |
Accumulated Depreciation | 12,327 |  |  |
Total Cost, Net of Accumulated Depreciation | 26,325 | 26,843 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Peabody [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 286 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,645 |  |  |
Building / Construction in Progress & Improvements | 18,919 |  |  |
Costs Subsequent to Acquisition / Construction | 14,022 |  |  |
Total Cost |  |  |  |
Land | 4,645 |  |  |
Building / Construction in Progress & Improvements | 32,941 |  |  |
Total | 37,586 |  |  |
Accumulated Depreciation | 14,522 |  |  |
Total Cost, Net of Accumulated Depreciation | 23,064 | 23,794 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Bedford Center [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 139 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,258 |  |  |
Building / Construction in Progress & Improvements | 20,551 |  |  |
Costs Subsequent to Acquisition / Construction | 2,681 |  |  |
Total Cost |  |  |  |
Land | 4,258 |  |  |
Building / Construction in Progress & Improvements | 23,232 |  |  |
Total | 27,490 |  |  |
Accumulated Depreciation | 9,781 |  |  |
Total Cost, Net of Accumulated Depreciation | 17,709 | 17,343 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Lexington Hills [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 387 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,691 |  |  |
Building / Construction in Progress & Improvements | 79,121 |  |  |
Costs Subsequent to Acquisition / Construction | 7,759 |  |  |
Total Cost |  |  |  |
Land | 8,691 |  |  |
Building / Construction in Progress & Improvements | 86,880 |  |  |
Total | 95,571 |  |  |
Accumulated Depreciation | 31,789 |  |  |
Total Cost, Net of Accumulated Depreciation | 63,782 | 63,555 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Acton [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 380 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 13,124 |  |  |
Building / Construction in Progress & Improvements | 48,695 |  |  |
Costs Subsequent to Acquisition / Construction | 4,416 |  |  |
Total Cost |  |  |  |
Land | 13,124 |  |  |
Building / Construction in Progress & Improvements | 53,111 |  |  |
Total | 66,235 |  |  |
Accumulated Depreciation | 19,390 |  |  |
Total Cost, Net of Accumulated Depreciation | 46,845 | 47,864 |  |
Encumbrances | $ 45,000 |  |  |
Current Communities | Avalon at the Hingham Shipyard [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 235 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 12,218 |  |  |
Building / Construction in Progress & Improvements | 41,656 |  |  |
Costs Subsequent to Acquisition / Construction | 3,887 |  |  |
Total Cost |  |  |  |
Land | 12,218 |  |  |
Building / Construction in Progress & Improvements | 45,543 |  |  |
Total | 57,761 |  |  |
Accumulated Depreciation | 15,678 |  |  |
Total Cost, Net of Accumulated Depreciation | 42,083 | 42,404 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Sharon [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 156 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,719 |  |  |
Building / Construction in Progress & Improvements | 25,478 |  |  |
Costs Subsequent to Acquisition / Construction | 1,432 |  |  |
Total Cost |  |  |  |
Land | 4,719 |  |  |
Building / Construction in Progress & Improvements | 26,910 |  |  |
Total | 31,629 |  |  |
Accumulated Depreciation | 9,697 |  |  |
Total Cost, Net of Accumulated Depreciation | 21,932 | 22,330 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Northborough [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 382 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,144 |  |  |
Building / Construction in Progress & Improvements | 52,184 |  |  |
Costs Subsequent to Acquisition / Construction | 2,590 |  |  |
Total Cost |  |  |  |
Land | 8,144 |  |  |
Building / Construction in Progress & Improvements | 54,774 |  |  |
Total | 62,918 |  |  |
Accumulated Depreciation | 16,932 |  |  |
Total Cost, Net of Accumulated Depreciation | 45,986 | 47,120 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Cohasset [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 220 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,802 |  |  |
Building / Construction in Progress & Improvements | 46,166 |  |  |
Costs Subsequent to Acquisition / Construction | 621 |  |  |
Total Cost |  |  |  |
Land | 8,802 |  |  |
Building / Construction in Progress & Improvements | 46,787 |  |  |
Total | 55,589 |  |  |
Accumulated Depreciation | 11,576 |  |  |
Total Cost, Net of Accumulated Depreciation | 44,013 | 45,337 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Exeter [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 187 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 16,313 |  |  |
Building / Construction in Progress & Improvements | 110,028 |  |  |
Costs Subsequent to Acquisition / Construction | 291 |  |  |
Total Cost |  |  |  |
Land | 16,313 |  |  |
Building / Construction in Progress & Improvements | 110,319 |  |  |
Total | 126,632 |  |  |
Accumulated Depreciation | 17,615 |  |  |
Total Cost, Net of Accumulated Depreciation | 109,017 | 112,883 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Natick [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 407 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 15,645 |  |  |
Building / Construction in Progress & Improvements | 64,845 |  |  |
Costs Subsequent to Acquisition / Construction | 75 |  |  |
Total Cost |  |  |  |
Land | 15,645 |  |  |
Building / Construction in Progress & Improvements | 64,920 |  |  |
Total | 80,565 |  |  |
Accumulated Depreciation | 12,778 |  |  |
Total Cost, Net of Accumulated Depreciation | 67,787 | 70,094 |  |
Encumbrances | $ 47,637 |  |  |
Current Communities | Avalon at Assembly Row [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 195 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,599 |  |  |
Building / Construction in Progress & Improvements | 52,454 |  |  |
Costs Subsequent to Acquisition / Construction | 143 |  |  |
Total Cost |  |  |  |
Land | 8,599 |  |  |
Building / Construction in Progress & Improvements | 52,597 |  |  |
Total | 61,196 |  |  |
Accumulated Depreciation | 8,685 |  |  |
Total Cost, Net of Accumulated Depreciation | 52,511 | 54,339 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Somerville [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 250 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 10,945 |  |  |
Building / Construction in Progress & Improvements | 56,460 |  |  |
Costs Subsequent to Acquisition / Construction | 71 |  |  |
Total Cost |  |  |  |
Land | 10,945 |  |  |
Building / Construction in Progress & Improvements | 56,531 |  |  |
Total | 67,476 |  |  |
Accumulated Depreciation | 8,280 |  |  |
Total Cost, Net of Accumulated Depreciation | 59,196 | 61,219 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Burlington [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 203 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 7,714 |  |  |
Building / Construction in Progress & Improvements | 32,499 |  |  |
Costs Subsequent to Acquisition / Construction | 6,879 |  |  |
Total Cost |  |  |  |
Land | 7,714 |  |  |
Building / Construction in Progress & Improvements | 39,378 |  |  |
Total | 47,092 |  |  |
Accumulated Depreciation | 8,096 |  |  |
Total Cost, Net of Accumulated Depreciation | 38,996 | 40,187 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Theater District [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 398 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 17,072 |  |  |
Building / Construction in Progress & Improvements | 163,633 |  |  |
Costs Subsequent to Acquisition / Construction | 131 |  |  |
Total Cost |  |  |  |
Land | 17,072 |  |  |
Building / Construction in Progress & Improvements | 163,764 |  |  |
Total | 180,836 |  |  |
Accumulated Depreciation | 19,204 |  |  |
Total Cost, Net of Accumulated Depreciation | 161,632 | 167,191 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Burlington [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 312 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 15,600 |  |  |
Building / Construction in Progress & Improvements | 60,649 |  |  |
Costs Subsequent to Acquisition / Construction | 16,664 |  |  |
Total Cost |  |  |  |
Land | 15,600 |  |  |
Building / Construction in Progress & Improvements | 77,313 |  |  |
Total | 92,913 |  |  |
Accumulated Depreciation | 16,123 |  |  |
Total Cost, Net of Accumulated Depreciation | 76,790 | 79,079 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Marlborough [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 350 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 15,367 |  |  |
Building / Construction in Progress & Improvements | 60,397 |  |  |
Costs Subsequent to Acquisition / Construction | 276 |  |  |
Total Cost |  |  |  |
Land | 15,367 |  |  |
Building / Construction in Progress & Improvements | 60,673 |  |  |
Total | 76,040 |  |  |
Accumulated Depreciation | 7,574 |  |  |
Total Cost, Net of Accumulated Depreciation | 68,466 | 70,372 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Framingham [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 180 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,315 |  |  |
Building / Construction in Progress & Improvements | 34,631 |  |  |
Costs Subsequent to Acquisition / Construction | 13 |  |  |
Total Cost |  |  |  |
Land | 9,315 |  |  |
Building / Construction in Progress & Improvements | 34,644 |  |  |
Total | 43,959 |  |  |
Accumulated Depreciation | 3,993 |  |  |
Total Cost, Net of Accumulated Depreciation | 39,966 | 41,216 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Bear Hill [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 324 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 27,350 |  |  |
Building / Construction in Progress & Improvements | 94,168 |  |  |
Costs Subsequent to Acquisition / Construction | 29,108 |  |  |
Total Cost |  |  |  |
Land | 27,350 |  |  |
Building / Construction in Progress & Improvements | 123,276 |  |  |
Total | 150,626 |  |  |
Accumulated Depreciation | 28,323 |  |  |
Total Cost, Net of Accumulated Depreciation | 122,303 | 126,559 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Center Place [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 225 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 26,816 |  |  |
Costs Subsequent to Acquisition / Construction | 15,562 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 42,378 |  |  |
Total | 42,378 |  |  |
Accumulated Depreciation | 26,239 |  |  |
Total Cost, Net of Accumulated Depreciation | 16,139 | 15,745 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Stamford [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 238 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 5,956 |  |  |
Building / Construction in Progress & Improvements | 23,993 |  |  |
Costs Subsequent to Acquisition / Construction | 13,773 |  |  |
Total Cost |  |  |  |
Land | 5,956 |  |  |
Building / Construction in Progress & Improvements | 37,766 |  |  |
Total | 43,722 |  |  |
Accumulated Depreciation | 25,666 |  |  |
Total Cost, Net of Accumulated Depreciation | 18,056 | 18,851 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Wilton on River Rd [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 102 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 2,116 |  |  |
Building / Construction in Progress & Improvements | 14,664 |  |  |
Costs Subsequent to Acquisition / Construction | 7,093 |  |  |
Total Cost |  |  |  |
Land | 2,116 |  |  |
Building / Construction in Progress & Improvements | 21,757 |  |  |
Total | 23,873 |  |  |
Accumulated Depreciation | 12,949 |  |  |
Total Cost, Net of Accumulated Depreciation | 10,924 | 11,125 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon New Canaan [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 104 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,834 |  |  |
Building / Construction in Progress & Improvements | 22,990 |  |  |
Costs Subsequent to Acquisition / Construction | 2,279 |  |  |
Total Cost |  |  |  |
Land | 4,834 |  |  |
Building / Construction in Progress & Improvements | 25,269 |  |  |
Total | 30,103 |  |  |
Accumulated Depreciation | 14,227 |  |  |
Total Cost, Net of Accumulated Depreciation | 15,876 | 16,795 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Stamford [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 306 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 13,819 |  |  |
Building / Construction in Progress & Improvements | 56,499 |  |  |
Costs Subsequent to Acquisition / Construction | 6,492 |  |  |
Total Cost |  |  |  |
Land | 13,819 |  |  |
Building / Construction in Progress & Improvements | 62,991 |  |  |
Total | 76,810 |  |  |
Accumulated Depreciation | 35,439 |  |  |
Total Cost, Net of Accumulated Depreciation | 41,371 | 43,505 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Darien [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 189 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,926 |  |  |
Building / Construction in Progress & Improvements | 34,558 |  |  |
Costs Subsequent to Acquisition / Construction | 3,219 |  |  |
Total Cost |  |  |  |
Land | 6,926 |  |  |
Building / Construction in Progress & Improvements | 37,777 |  |  |
Total | 44,703 |  |  |
Accumulated Depreciation | 19,616 |  |  |
Total Cost, Net of Accumulated Depreciation | 25,087 | 26,129 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Norwalk [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 311 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 11,320 |  |  |
Building / Construction in Progress & Improvements | 62,904 |  |  |
Costs Subsequent to Acquisition / Construction | 1,123 |  |  |
Total Cost |  |  |  |
Land | 11,320 |  |  |
Building / Construction in Progress & Improvements | 64,027 |  |  |
Total | 75,347 |  |  |
Accumulated Depreciation | 18,397 |  |  |
Total Cost, Net of Accumulated Depreciation | 56,950 | 58,924 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Wilton on Danbury Rd [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 100 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,604 |  |  |
Building / Construction in Progress & Improvements | 23,758 |  |  |
Costs Subsequent to Acquisition / Construction | 178 |  |  |
Total Cost |  |  |  |
Land | 6,604 |  |  |
Building / Construction in Progress & Improvements | 23,936 |  |  |
Total | 30,540 |  |  |
Accumulated Depreciation | 6,415 |  |  |
Total Cost, Net of Accumulated Depreciation | 24,125 | 24,939 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Shelton [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 250 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 7,749 |  |  |
Building / Construction in Progress & Improvements | 40,366 |  |  |
Costs Subsequent to Acquisition / Construction | 269 |  |  |
Total Cost |  |  |  |
Land | 7,749 |  |  |
Building / Construction in Progress & Improvements | 40,635 |  |  |
Total | 48,384 |  |  |
Accumulated Depreciation | 8,210 |  |  |
Total Cost, Net of Accumulated Depreciation | 40,174 | 41,404 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon East Norwalk [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 240 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 10,395 |  |  |
Building / Construction in Progress & Improvements | 36,451 |  |  |
Costs Subsequent to Acquisition / Construction | 269 |  |  |
Total Cost |  |  |  |
Land | 10,395 |  |  |
Building / Construction in Progress & Improvements | 36,720 |  |  |
Total | 47,115 |  |  |
Accumulated Depreciation | 7,067 |  |  |
Total Cost, Net of Accumulated Depreciation | 40,048 | 41,089 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Stratford [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 130 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 2,564 |  |  |
Building / Construction in Progress & Improvements | 27,232 |  |  |
Costs Subsequent to Acquisition / Construction | 181 |  |  |
Total Cost |  |  |  |
Land | 2,564 |  |  |
Building / Construction in Progress & Improvements | 27,413 |  |  |
Total | 29,977 |  |  |
Accumulated Depreciation | 4,269 |  |  |
Total Cost, Net of Accumulated Depreciation | 25,708 | 26,480 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Riverview [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 372 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 94,061 |  |  |
Costs Subsequent to Acquisition / Construction | 10,407 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 104,468 |  |  |
Total | 104,468 |  |  |
Accumulated Depreciation | 58,171 |  |  |
Total Cost, Net of Accumulated Depreciation | 46,297 | 51,418 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Riverview North [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 602 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 165,954 |  |  |
Costs Subsequent to Acquisition / Construction | 15,108 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 181,062 |  |  |
Total | 181,062 |  |  |
Accumulated Depreciation | 66,109 |  |  |
Total Cost, Net of Accumulated Depreciation | 114,953 | 120,377 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Fort Greene [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 631 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 83,038 |  |  |
Building / Construction in Progress & Improvements | 216,802 |  |  |
Costs Subsequent to Acquisition / Construction | 2,953 |  |  |
Total Cost |  |  |  |
Land | 83,038 |  |  |
Building / Construction in Progress & Improvements | 219,755 |  |  |
Total | 302,793 |  |  |
Accumulated Depreciation | 65,367 |  |  |
Total Cost, Net of Accumulated Depreciation | 237,426 | 243,951 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA DoBro [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 500 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 77,419 |  |  |
Building / Construction in Progress & Improvements | 205,104 |  |  |
Costs Subsequent to Acquisition / Construction | 41 |  |  |
Total Cost |  |  |  |
Land | 77,419 |  |  |
Building / Construction in Progress & Improvements | 205,145 |  |  |
Total | 282,564 |  |  |
Accumulated Depreciation | 18,119 |  |  |
Total Cost, Net of Accumulated Depreciation | 264,445 | 270,657 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Clinton North [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 339 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 84,069 |  |  |
Building / Construction in Progress & Improvements | 105,821 |  |  |
Costs Subsequent to Acquisition / Construction | 12,182 |  |  |
Total Cost |  |  |  |
Land | 84,069 |  |  |
Building / Construction in Progress & Improvements | 118,003 |  |  |
Total | 202,072 |  |  |
Accumulated Depreciation | 27,362 |  |  |
Total Cost, Net of Accumulated Depreciation | 174,710 | 178,007 |  |
Encumbrances | $ 147,000 |  |  |
Current Communities | Avalon Clinton South [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 288 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 71,421 |  |  |
Building / Construction in Progress & Improvements | 89,851 |  |  |
Costs Subsequent to Acquisition / Construction | 6,802 |  |  |
Total Cost |  |  |  |
Land | 71,421 |  |  |
Building / Construction in Progress & Improvements | 96,653 |  |  |
Total | 168,074 |  |  |
Accumulated Depreciation | 23,369 |  |  |
Total Cost, Net of Accumulated Depreciation | 144,705 | 147,364 |  |
Encumbrances | $ 121,500 |  |  |
Current Communities | Avalon Commons [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 312 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,679 |  |  |
Building / Construction in Progress & Improvements | 28,286 |  |  |
Costs Subsequent to Acquisition / Construction | 6,790 |  |  |
Total Cost |  |  |  |
Land | 4,679 |  |  |
Building / Construction in Progress & Improvements | 35,076 |  |  |
Total | 39,755 |  |  |
Accumulated Depreciation | 23,830 |  |  |
Total Cost, Net of Accumulated Depreciation | 15,925 | 16,719 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Green I [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 105 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 1,820 |  |  |
Building / Construction in Progress & Improvements | 10,525 |  |  |
Costs Subsequent to Acquisition / Construction | 7,669 |  |  |
Total Cost |  |  |  |
Land | 1,820 |  |  |
Building / Construction in Progress & Improvements | 18,194 |  |  |
Total | 20,014 |  |  |
Accumulated Depreciation | 10,505 |  |  |
Total Cost, Net of Accumulated Depreciation | 9,509 | 9,997 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Bronxville [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 110 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 2,889 |  |  |
Building / Construction in Progress & Improvements | 28,324 |  |  |
Costs Subsequent to Acquisition / Construction | 8,778 |  |  |
Total Cost |  |  |  |
Land | 2,889 |  |  |
Building / Construction in Progress & Improvements | 37,102 |  |  |
Total | 39,991 |  |  |
Accumulated Depreciation | 21,121 |  |  |
Total Cost, Net of Accumulated Depreciation | 18,870 | 20,102 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Glen Cove [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 256 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 7,871 |  |  |
Building / Construction in Progress & Improvements | 59,969 |  |  |
Costs Subsequent to Acquisition / Construction | 4,941 |  |  |
Total Cost |  |  |  |
Land | 7,871 |  |  |
Building / Construction in Progress & Improvements | 64,910 |  |  |
Total | 72,781 |  |  |
Accumulated Depreciation | 31,407 |  |  |
Total Cost, Net of Accumulated Depreciation | 41,374 | 43,275 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Glen Cove North [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 111 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 2,577 |  |  |
Building / Construction in Progress & Improvements | 37,336 |  |  |
Costs Subsequent to Acquisition / Construction | 747 |  |  |
Total Cost |  |  |  |
Land | 2,577 |  |  |
Building / Construction in Progress & Improvements | 38,083 |  |  |
Total | 40,660 |  |  |
Accumulated Depreciation | 15,195 |  |  |
Total Cost, Net of Accumulated Depreciation | 25,465 | 26,569 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon White Plains [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 407 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 15,391 |  |  |
Building / Construction in Progress & Improvements | 137,353 |  |  |
Costs Subsequent to Acquisition / Construction | 1,328 |  |  |
Total Cost |  |  |  |
Land | 15,391 |  |  |
Building / Construction in Progress & Improvements | 138,681 |  |  |
Total | 154,072 |  |  |
Accumulated Depreciation | 46,177 |  |  |
Total Cost, Net of Accumulated Depreciation | 107,895 | 112,241 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Rockville Centre I [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 349 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 32,212 |  |  |
Building / Construction in Progress & Improvements | 78,806 |  |  |
Costs Subsequent to Acquisition / Construction | 2,804 |  |  |
Total Cost |  |  |  |
Land | 32,212 |  |  |
Building / Construction in Progress & Improvements | 81,610 |  |  |
Total | 113,822 |  |  |
Accumulated Depreciation | 21,224 |  |  |
Total Cost, Net of Accumulated Depreciation | 92,598 | 94,747 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Green II [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 444 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 27,765 |  |  |
Building / Construction in Progress & Improvements | 77,560 |  |  |
Costs Subsequent to Acquisition / Construction | 544 |  |  |
Total Cost |  |  |  |
Land | 27,765 |  |  |
Building / Construction in Progress & Improvements | 78,104 |  |  |
Total | 105,869 |  |  |
Accumulated Depreciation | 18,551 |  |  |
Total Cost, Net of Accumulated Depreciation | 87,318 | 89,834 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Garden City [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 204 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 18,205 |  |  |
Building / Construction in Progress & Improvements | 49,326 |  |  |
Costs Subsequent to Acquisition / Construction | 640 |  |  |
Total Cost |  |  |  |
Land | 18,205 |  |  |
Building / Construction in Progress & Improvements | 49,966 |  |  |
Total | 68,171 |  |  |
Accumulated Depreciation | 11,302 |  |  |
Total Cost, Net of Accumulated Depreciation | 56,869 | 58,511 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Ossining [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 168 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,392 |  |  |
Building / Construction in Progress & Improvements | 30,313 |  |  |
Costs Subsequent to Acquisition / Construction | 47 |  |  |
Total Cost |  |  |  |
Land | 6,392 |  |  |
Building / Construction in Progress & Improvements | 30,360 |  |  |
Total | 36,752 |  |  |
Accumulated Depreciation | 5,185 |  |  |
Total Cost, Net of Accumulated Depreciation | 31,567 | 32,627 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Huntington Station [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 303 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 21,899 |  |  |
Building / Construction in Progress & Improvements | 58,440 |  |  |
Costs Subsequent to Acquisition / Construction | 163 |  |  |
Total Cost |  |  |  |
Land | 21,899 |  |  |
Building / Construction in Progress & Improvements | 58,603 |  |  |
Total | 80,502 |  |  |
Accumulated Depreciation | 9,212 |  |  |
Total Cost, Net of Accumulated Depreciation | 71,290 | 73,131 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Green III [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 68 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,985 |  |  |
Building / Construction in Progress & Improvements | 17,300 |  |  |
Costs Subsequent to Acquisition / Construction | 7 |  |  |
Total Cost |  |  |  |
Land | 4,985 |  |  |
Building / Construction in Progress & Improvements | 17,307 |  |  |
Total | 22,292 |  |  |
Accumulated Depreciation | 1,860 |  |  |
Total Cost, Net of Accumulated Depreciation | 20,432 | 21,037 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Westbury [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 396 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 69,620 |  |  |
Building / Construction in Progress & Improvements | 43,781 |  |  |
Costs Subsequent to Acquisition / Construction | 11,794 |  |  |
Total Cost |  |  |  |
Land | 69,620 |  |  |
Building / Construction in Progress & Improvements | 55,575 |  |  |
Total | 125,195 |  |  |
Accumulated Depreciation | 17,813 |  |  |
Total Cost, Net of Accumulated Depreciation | 107,382 | 109,056 |  |
Encumbrances | $ 77,295 |  |  |
Current Communities | Avalon Cove [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 504 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,760 |  |  |
Building / Construction in Progress & Improvements | 82,422 |  |  |
Costs Subsequent to Acquisition / Construction | 24,942 |  |  |
Total Cost |  |  |  |
Land | 8,760 |  |  |
Building / Construction in Progress & Improvements | 107,364 |  |  |
Total | 116,124 |  |  |
Accumulated Depreciation | 68,718 |  |  |
Total Cost, Net of Accumulated Depreciation | 47,406 | 49,264 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Lawrenceville [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 632 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 14,650 |  |  |
Building / Construction in Progress & Improvements | 60,486 |  |  |
Costs Subsequent to Acquisition / Construction | 12,367 |  |  |
Total Cost |  |  |  |
Land | 14,650 |  |  |
Building / Construction in Progress & Improvements | 72,853 |  |  |
Total | 87,503 |  |  |
Accumulated Depreciation | 35,005 |  |  |
Total Cost, Net of Accumulated Depreciation | 52,498 | 54,936 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Princeton Junction [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 512 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 5,585 |  |  |
Building / Construction in Progress & Improvements | 22,382 |  |  |
Costs Subsequent to Acquisition / Construction | 22,325 |  |  |
Total Cost |  |  |  |
Land | 5,585 |  |  |
Building / Construction in Progress & Improvements | 44,707 |  |  |
Total | 50,292 |  |  |
Accumulated Depreciation | 27,542 |  |  |
Total Cost, Net of Accumulated Depreciation | 22,750 | 23,632 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Tinton Falls [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 216 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 7,939 |  |  |
Building / Construction in Progress & Improvements | 33,170 |  |  |
Costs Subsequent to Acquisition / Construction | 621 |  |  |
Total Cost |  |  |  |
Land | 7,939 |  |  |
Building / Construction in Progress & Improvements | 33,791 |  |  |
Total | 41,730 |  |  |
Accumulated Depreciation | 12,389 |  |  |
Total Cost, Net of Accumulated Depreciation | 29,341 | 30,404 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon West Long Branch [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 180 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 2,721 |  |  |
Building / Construction in Progress & Improvements | 22,925 |  |  |
Costs Subsequent to Acquisition / Construction | 346 |  |  |
Total Cost |  |  |  |
Land | 2,721 |  |  |
Building / Construction in Progress & Improvements | 23,271 |  |  |
Total | 25,992 |  |  |
Accumulated Depreciation | 6,832 |  |  |
Total Cost, Net of Accumulated Depreciation | 19,160 | 19,728 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon North Bergen [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 164 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,984 |  |  |
Building / Construction in Progress & Improvements | 30,994 |  |  |
Costs Subsequent to Acquisition / Construction | 1,021 |  |  |
Total Cost |  |  |  |
Land | 8,984 |  |  |
Building / Construction in Progress & Improvements | 32,015 |  |  |
Total | 40,999 |  |  |
Accumulated Depreciation | 7,721 |  |  |
Total Cost, Net of Accumulated Depreciation | 33,278 | 34,432 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Wesmont Station I [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 266 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 14,682 |  |  |
Building / Construction in Progress & Improvements | 41,635 |  |  |
Costs Subsequent to Acquisition / Construction | 1,474 |  |  |
Total Cost |  |  |  |
Land | 14,682 |  |  |
Building / Construction in Progress & Improvements | 43,109 |  |  |
Total | 57,791 |  |  |
Accumulated Depreciation | 10,010 |  |  |
Total Cost, Net of Accumulated Depreciation | 47,781 | 49,053 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Hackensack at Riverside [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 226 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 44,619 |  |  |
Costs Subsequent to Acquisition / Construction | 168 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 44,787 |  |  |
Total | 44,787 |  |  |
Accumulated Depreciation | 8,781 |  |  |
Total Cost, Net of Accumulated Depreciation | 36,006 | 37,607 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Somerset [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 384 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 18,241 |  |  |
Building / Construction in Progress & Improvements | 58,338 |  |  |
Costs Subsequent to Acquisition / Construction | 282 |  |  |
Total Cost |  |  |  |
Land | 18,241 |  |  |
Building / Construction in Progress & Improvements | 58,620 |  |  |
Total | 76,861 |  |  |
Accumulated Depreciation | 11,998 |  |  |
Total Cost, Net of Accumulated Depreciation | 64,863 | 66,988 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Bloomfield Station |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 224 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 10,701 |  |  |
Building / Construction in Progress & Improvements | 39,936 |  |  |
Costs Subsequent to Acquisition / Construction | 10 |  |  |
Total Cost |  |  |  |
Land | 10,701 |  |  |
Building / Construction in Progress & Improvements | 39,946 |  |  |
Total | 50,647 |  |  |
Accumulated Depreciation | 4,969 |  |  |
Total Cost, Net of Accumulated Depreciation | 45,678 | 47,034 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Wesmont Station II [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 140 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,502 |  |  |
Building / Construction in Progress & Improvements | 16,863 |  |  |
Costs Subsequent to Acquisition / Construction | 13 |  |  |
Total Cost |  |  |  |
Land | 6,502 |  |  |
Building / Construction in Progress & Improvements | 16,876 |  |  |
Total | 23,378 |  |  |
Accumulated Depreciation | 3,499 |  |  |
Total Cost, Net of Accumulated Depreciation | 19,879 | 20,502 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Bloomingdale [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 174 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 3,006 |  |  |
Building / Construction in Progress & Improvements | 27,801 |  |  |
Costs Subsequent to Acquisition / Construction | 72 |  |  |
Total Cost |  |  |  |
Land | 3,006 |  |  |
Building / Construction in Progress & Improvements | 27,873 |  |  |
Total | 30,879 |  |  |
Accumulated Depreciation | 5,143 |  |  |
Total Cost, Net of Accumulated Depreciation | 25,736 | 26,759 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Wharton [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 247 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 2,273 |  |  |
Building / Construction in Progress & Improvements | 48,609 |  |  |
Costs Subsequent to Acquisition / Construction | 92 |  |  |
Total Cost |  |  |  |
Land | 2,273 |  |  |
Building / Construction in Progress & Improvements | 48,701 |  |  |
Total | 50,974 |  |  |
Accumulated Depreciation | 6,920 |  |  |
Total Cost, Net of Accumulated Depreciation | 44,054 | 45,813 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Roseland [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 136 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 11,288 |  |  |
Building / Construction in Progress & Improvements | 34,868 |  |  |
Costs Subsequent to Acquisition / Construction | 27 |  |  |
Total Cost |  |  |  |
Land | 11,288 |  |  |
Building / Construction in Progress & Improvements | 34,895 |  |  |
Total | 46,183 |  |  |
Accumulated Depreciation | 4,507 |  |  |
Total Cost, Net of Accumulated Depreciation | 41,676 | 42,956 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Union [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 202 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 11,695 |  |  |
Building / Construction in Progress & Improvements | 36,317 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 11,695 |  |  |
Building / Construction in Progress & Improvements | 36,317 |  |  |
Total | 48,012 |  |  |
Accumulated Depreciation | 3,718 |  |  |
Total Cost, Net of Accumulated Depreciation | 44,294 | 45,458 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Hoboken [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 217 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 37,237 |  |  |
Building / Construction in Progress & Improvements | 90,475 |  |  |
Costs Subsequent to Acquisition / Construction | 5,360 |  |  |
Total Cost |  |  |  |
Land | 37,237 |  |  |
Building / Construction in Progress & Improvements | 95,835 |  |  |
Total | 133,072 |  |  |
Accumulated Depreciation | 14,867 |  |  |
Total Cost, Net of Accumulated Depreciation | 118,205 | 121,394 |  |
Encumbrances | $ 67,904 |  |  |
Current Communities | Avalon at Foxhall [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 308 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,848 |  |  |
Building / Construction in Progress & Improvements | 27,614 |  |  |
Costs Subsequent to Acquisition / Construction | 16,044 |  |  |
Total Cost |  |  |  |
Land | 6,848 |  |  |
Building / Construction in Progress & Improvements | 43,658 |  |  |
Total | 50,506 |  |  |
Accumulated Depreciation | 31,365 |  |  |
Total Cost, Net of Accumulated Depreciation | 19,141 | 20,479 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Gallery Place [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 203 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,800 |  |  |
Building / Construction in Progress & Improvements | 39,658 |  |  |
Costs Subsequent to Acquisition / Construction | 2,630 |  |  |
Total Cost |  |  |  |
Land | 8,800 |  |  |
Building / Construction in Progress & Improvements | 42,288 |  |  |
Total | 51,088 |  |  |
Accumulated Depreciation | 22,557 |  |  |
Total Cost, Net of Accumulated Depreciation | 28,531 | 29,620 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA H Street [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 138 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 7,425 |  |  |
Building / Construction in Progress & Improvements | 25,282 |  |  |
Costs Subsequent to Acquisition / Construction | 178 |  |  |
Total Cost |  |  |  |
Land | 7,425 |  |  |
Building / Construction in Progress & Improvements | 25,460 |  |  |
Total | 32,885 |  |  |
Accumulated Depreciation | 5,715 |  |  |
Total Cost, Net of Accumulated Depreciation | 27,170 | 28,034 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon The Albemarle [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 234 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 25,140 |  |  |
Building / Construction in Progress & Improvements | 52,459 |  |  |
Costs Subsequent to Acquisition / Construction | 7,747 |  |  |
Total Cost |  |  |  |
Land | 25,140 |  |  |
Building / Construction in Progress & Improvements | 60,206 |  |  |
Total | 85,346 |  |  |
Accumulated Depreciation | 15,098 |  |  |
Total Cost, Net of Accumulated Depreciation | 70,248 | 71,417 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Tunlaw Gardens [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 166 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 16,430 |  |  |
Building / Construction in Progress & Improvements | 22,902 |  |  |
Costs Subsequent to Acquisition / Construction | 2,462 |  |  |
Total Cost |  |  |  |
Land | 16,430 |  |  |
Building / Construction in Progress & Improvements | 25,364 |  |  |
Total | 41,794 |  |  |
Accumulated Depreciation | 6,617 |  |  |
Total Cost, Net of Accumulated Depreciation | 35,177 | 35,949 |  |
Encumbrances | $ 0 |  |  |
Current Communities | The Statesman [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 281 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 38,140 |  |  |
Building / Construction in Progress & Improvements | 35,352 |  |  |
Costs Subsequent to Acquisition / Construction | 4,592 |  |  |
Total Cost |  |  |  |
Land | 38,140 |  |  |
Building / Construction in Progress & Improvements | 39,944 |  |  |
Total | 78,084 |  |  |
Accumulated Depreciation | 11,358 |  |  |
Total Cost, Net of Accumulated Depreciation | 66,726 | 67,687 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Glover Park [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 120 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,580 |  |  |
Building / Construction in Progress & Improvements | 26,532 |  |  |
Costs Subsequent to Acquisition / Construction | 2,507 |  |  |
Total Cost |  |  |  |
Land | 9,580 |  |  |
Building / Construction in Progress & Improvements | 29,039 |  |  |
Total | 38,619 |  |  |
Accumulated Depreciation | 7,679 |  |  |
Total Cost, Net of Accumulated Depreciation | 30,940 | 31,945 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon First and M [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 469 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 43,700 |  |  |
Building / Construction in Progress & Improvements | 153,950 |  |  |
Costs Subsequent to Acquisition / Construction | 3,697 |  |  |
Total Cost |  |  |  |
Land | 43,700 |  |  |
Building / Construction in Progress & Improvements | 157,647 |  |  |
Total | 201,347 |  |  |
Accumulated Depreciation | 34,095 |  |  |
Total Cost, Net of Accumulated Depreciation | 167,252 | 172,291 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Washingtonian Center [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 288 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,047 |  |  |
Building / Construction in Progress & Improvements | 18,553 |  |  |
Costs Subsequent to Acquisition / Construction | 3,188 |  |  |
Total Cost |  |  |  |
Land | 4,047 |  |  |
Building / Construction in Progress & Improvements | 21,741 |  |  |
Total | 25,788 |  |  |
Accumulated Depreciation | 15,260 |  |  |
Total Cost, Net of Accumulated Depreciation | 10,528 | 11,116 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Columbia Town Center [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 392 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,802 |  |  |
Building / Construction in Progress & Improvements | 35,536 |  |  |
Costs Subsequent to Acquisition / Construction | 12,476 |  |  |
Total Cost |  |  |  |
Land | 8,802 |  |  |
Building / Construction in Progress & Improvements | 48,012 |  |  |
Total | 56,814 |  |  |
Accumulated Depreciation | 22,591 |  |  |
Total Cost, Net of Accumulated Depreciation | 34,223 | 35,522 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Grosvenor Station [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 497 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 29,159 |  |  |
Building / Construction in Progress & Improvements | 52,993 |  |  |
Costs Subsequent to Acquisition / Construction | 3,160 |  |  |
Total Cost |  |  |  |
Land | 29,159 |  |  |
Building / Construction in Progress & Improvements | 56,153 |  |  |
Total | 85,312 |  |  |
Accumulated Depreciation | 29,107 |  |  |
Total Cost, Net of Accumulated Depreciation | 56,205 | 57,751 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Traville [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 520 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 14,365 |  |  |
Building / Construction in Progress & Improvements | 55,398 |  |  |
Costs Subsequent to Acquisition / Construction | 4,520 |  |  |
Total Cost |  |  |  |
Land | 14,365 |  |  |
Building / Construction in Progress & Improvements | 59,918 |  |  |
Total | 74,283 |  |  |
Accumulated Depreciation | 30,282 |  |  |
Total Cost, Net of Accumulated Depreciation | 44,001 | 46,001 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Fairway Hills - Meadows [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 192 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 2,323 |  |  |
Building / Construction in Progress & Improvements | 9,297 |  |  |
Costs Subsequent to Acquisition / Construction | 4,857 |  |  |
Total Cost |  |  |  |
Land | 2,323 |  |  |
Building / Construction in Progress & Improvements | 14,154 |  |  |
Total | 16,477 |  |  |
Accumulated Depreciation | 9,548 |  |  |
Total Cost, Net of Accumulated Depreciation | 6,929 | 7,005 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Fairway Hills - Woods [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 336 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 3,958 |  |  |
Building / Construction in Progress & Improvements | 15,839 |  |  |
Costs Subsequent to Acquisition / Construction | 7,562 |  |  |
Total Cost |  |  |  |
Land | 3,958 |  |  |
Building / Construction in Progress & Improvements | 23,401 |  |  |
Total | 27,359 |  |  |
Accumulated Depreciation | 16,045 |  |  |
Total Cost, Net of Accumulated Depreciation | 11,314 | 11,934 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Russett [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 238 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 10,200 |  |  |
Building / Construction in Progress & Improvements | 47,524 |  |  |
Costs Subsequent to Acquisition / Construction | 3,447 |  |  |
Total Cost |  |  |  |
Land | 10,200 |  |  |
Building / Construction in Progress & Improvements | 50,971 |  |  |
Total | 61,171 |  |  |
Accumulated Depreciation | 12,939 |  |  |
Total Cost, Net of Accumulated Depreciation | 48,232 | 49,907 |  |
Encumbrances | $ 32,200 |  |  |
Current Communities | Eaves Fair Lakes [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 420 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,096 |  |  |
Building / Construction in Progress & Improvements | 24,400 |  |  |
Costs Subsequent to Acquisition / Construction | 9,700 |  |  |
Total Cost |  |  |  |
Land | 6,096 |  |  |
Building / Construction in Progress & Improvements | 34,100 |  |  |
Total | 40,196 |  |  |
Accumulated Depreciation | 22,540 |  |  |
Total Cost, Net of Accumulated Depreciation | 17,656 | 18,135 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Ballston [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 344 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 7,291 |  |  |
Building / Construction in Progress & Improvements | 29,177 |  |  |
Costs Subsequent to Acquisition / Construction | 16,442 |  |  |
Total Cost |  |  |  |
Land | 7,291 |  |  |
Building / Construction in Progress & Improvements | 45,619 |  |  |
Total | 52,910 |  |  |
Accumulated Depreciation | 30,758 |  |  |
Total Cost, Net of Accumulated Depreciation | 22,152 | 23,626 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Tysons Corner [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 558 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 13,851 |  |  |
Building / Construction in Progress & Improvements | 43,397 |  |  |
Costs Subsequent to Acquisition / Construction | 13,076 |  |  |
Total Cost |  |  |  |
Land | 13,851 |  |  |
Building / Construction in Progress & Improvements | 56,473 |  |  |
Total | 70,324 |  |  |
Accumulated Depreciation | 34,843 |  |  |
Total Cost, Net of Accumulated Depreciation | 35,481 | 37,210 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Park Crest [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 354 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 13,554 |  |  |
Building / Construction in Progress & Improvements | 63,526 |  |  |
Costs Subsequent to Acquisition / Construction | 388 |  |  |
Total Cost |  |  |  |
Land | 13,554 |  |  |
Building / Construction in Progress & Improvements | 63,914 |  |  |
Total | 77,468 |  |  |
Accumulated Depreciation | 14,319 |  |  |
Total Cost, Net of Accumulated Depreciation | 63,149 | 65,422 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Mosaic [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 531 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 33,490 |  |  |
Building / Construction in Progress & Improvements | 75,801 |  |  |
Costs Subsequent to Acquisition / Construction | 161 |  |  |
Total Cost |  |  |  |
Land | 33,490 |  |  |
Building / Construction in Progress & Improvements | 75,962 |  |  |
Total | 109,452 |  |  |
Accumulated Depreciation | 13,273 |  |  |
Total Cost, Net of Accumulated Depreciation | 96,179 | 98,831 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Potomac Yard [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 323 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 24,225 |  |  |
Building / Construction in Progress & Improvements | 81,982 |  |  |
Costs Subsequent to Acquisition / Construction | 2,815 |  |  |
Total Cost |  |  |  |
Land | 24,225 |  |  |
Building / Construction in Progress & Improvements | 84,797 |  |  |
Total | 109,022 |  |  |
Accumulated Depreciation | 11,895 |  |  |
Total Cost, Net of Accumulated Depreciation | 97,127 | 100,351 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Clarendon |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 300 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 22,573 |  |  |
Building / Construction in Progress & Improvements | 95,355 |  |  |
Costs Subsequent to Acquisition / Construction | 5,459 |  |  |
Total Cost |  |  |  |
Land | 22,573 |  |  |
Building / Construction in Progress & Improvements | 100,814 |  |  |
Total | 123,387 |  |  |
Accumulated Depreciation | 12,258 |  |  |
Total Cost, Net of Accumulated Depreciation | 111,129 | 113,565 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Columbia Pike [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 269 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 18,830 |  |  |
Building / Construction in Progress & Improvements | 82,427 |  |  |
Costs Subsequent to Acquisition / Construction | 2,561 |  |  |
Total Cost |  |  |  |
Land | 18,830 |  |  |
Building / Construction in Progress & Improvements | 84,988 |  |  |
Total | 103,818 |  |  |
Accumulated Depreciation | 9,297 |  |  |
Total Cost, Net of Accumulated Depreciation | 94,521 | 97,692 |  |
Encumbrances | $ 67,085 |  |  |
Current Communities | Eaves Tysons Corner [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 217 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 16,030 |  |  |
Building / Construction in Progress & Improvements | 45,420 |  |  |
Costs Subsequent to Acquisition / Construction | 3,015 |  |  |
Total Cost |  |  |  |
Land | 16,030 |  |  |
Building / Construction in Progress & Improvements | 48,435 |  |  |
Total | 64,465 |  |  |
Accumulated Depreciation | 13,076 |  |  |
Total Cost, Net of Accumulated Depreciation | 51,389 | 53,277 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Courthouse Place [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 564 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 56,550 |  |  |
Building / Construction in Progress & Improvements | 178,032 |  |  |
Costs Subsequent to Acquisition / Construction | 10,397 |  |  |
Total Cost |  |  |  |
Land | 56,550 |  |  |
Building / Construction in Progress & Improvements | 188,429 |  |  |
Total | 244,979 |  |  |
Accumulated Depreciation | 44,417 |  |  |
Total Cost, Net of Accumulated Depreciation | 200,562 | 206,976 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Arlington North [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 228 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 21,600 |  |  |
Building / Construction in Progress & Improvements | 59,076 |  |  |
Costs Subsequent to Acquisition / Construction | 141 |  |  |
Total Cost |  |  |  |
Land | 21,600 |  |  |
Building / Construction in Progress & Improvements | 59,217 |  |  |
Total | 80,817 |  |  |
Accumulated Depreciation | 9,926 |  |  |
Total Cost, Net of Accumulated Depreciation | 70,891 | 72,913 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Reston Landing [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 400 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 26,710 |  |  |
Building / Construction in Progress & Improvements | 83,084 |  |  |
Costs Subsequent to Acquisition / Construction | 7,079 |  |  |
Total Cost |  |  |  |
Land | 26,710 |  |  |
Building / Construction in Progress & Improvements | 90,163 |  |  |
Total | 116,873 |  |  |
Accumulated Depreciation | 23,691 |  |  |
Total Cost, Net of Accumulated Depreciation | 93,182 | 95,979 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Falls Church [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 384 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 39,544 |  |  |
Building / Construction in Progress & Improvements | 66,160 |  |  |
Costs Subsequent to Acquisition / Construction | 27 |  |  |
Total Cost |  |  |  |
Land | 39,544 |  |  |
Building / Construction in Progress & Improvements | 66,187 |  |  |
Total | 105,731 |  |  |
Accumulated Depreciation | 8,357 |  |  |
Total Cost, Net of Accumulated Depreciation | 97,374 | 99,805 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Redmond Place [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 222 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,558 |  |  |
Building / Construction in Progress & Improvements | 18,368 |  |  |
Costs Subsequent to Acquisition / Construction | 10,603 |  |  |
Total Cost |  |  |  |
Land | 4,558 |  |  |
Building / Construction in Progress & Improvements | 28,971 |  |  |
Total | 33,529 |  |  |
Accumulated Depreciation | 18,625 |  |  |
Total Cost, Net of Accumulated Depreciation | 14,904 | 15,860 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Bear Creek [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 264 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,786 |  |  |
Building / Construction in Progress & Improvements | 27,641 |  |  |
Costs Subsequent to Acquisition / Construction | 5,194 |  |  |
Total Cost |  |  |  |
Land | 6,786 |  |  |
Building / Construction in Progress & Improvements | 32,835 |  |  |
Total | 39,621 |  |  |
Accumulated Depreciation | 22,464 |  |  |
Total Cost, Net of Accumulated Depreciation | 17,157 | 18,123 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Bellevue [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 201 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,664 |  |  |
Building / Construction in Progress & Improvements | 24,119 |  |  |
Costs Subsequent to Acquisition / Construction | 2,268 |  |  |
Total Cost |  |  |  |
Land | 6,664 |  |  |
Building / Construction in Progress & Improvements | 26,387 |  |  |
Total | 33,051 |  |  |
Accumulated Depreciation | 16,340 |  |  |
Total Cost, Net of Accumulated Depreciation | 16,711 | 17,601 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon RockMeadow [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 206 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,777 |  |  |
Building / Construction in Progress & Improvements | 19,765 |  |  |
Costs Subsequent to Acquisition / Construction | 3,246 |  |  |
Total Cost |  |  |  |
Land | 4,777 |  |  |
Building / Construction in Progress & Improvements | 23,011 |  |  |
Total | 27,788 |  |  |
Accumulated Depreciation | 14,446 |  |  |
Total Cost, Net of Accumulated Depreciation | 13,342 | 14,049 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon ParcSquare [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 124 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 3,789 |  |  |
Building / Construction in Progress & Improvements | 15,139 |  |  |
Costs Subsequent to Acquisition / Construction | 3,479 |  |  |
Total Cost |  |  |  |
Land | 3,789 |  |  |
Building / Construction in Progress & Improvements | 18,618 |  |  |
Total | 22,407 |  |  |
Accumulated Depreciation | 11,441 |  |  |
Total Cost, Net of Accumulated Depreciation | 10,966 | 11,496 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Belltown [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 100 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 5,644 |  |  |
Building / Construction in Progress & Improvements | 12,733 |  |  |
Costs Subsequent to Acquisition / Construction | 1,276 |  |  |
Total Cost |  |  |  |
Land | 5,644 |  |  |
Building / Construction in Progress & Improvements | 14,009 |  |  |
Total | 19,653 |  |  |
Accumulated Depreciation | 8,502 |  |  |
Total Cost, Net of Accumulated Depreciation | 11,151 | 11,690 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Meydenbauer [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 368 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 12,697 |  |  |
Building / Construction in Progress & Improvements | 77,450 |  |  |
Costs Subsequent to Acquisition / Construction | 1,751 |  |  |
Total Cost |  |  |  |
Land | 12,697 |  |  |
Building / Construction in Progress & Improvements | 79,201 |  |  |
Total | 91,898 |  |  |
Accumulated Depreciation | 29,264 |  |  |
Total Cost, Net of Accumulated Depreciation | 62,634 | 65,026 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Towers Bellevue [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 397 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 123,029 |  |  |
Costs Subsequent to Acquisition / Construction | 1,545 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 124,574 |  |  |
Total | 124,574 |  |  |
Accumulated Depreciation | 36,511 |  |  |
Total Cost, Net of Accumulated Depreciation | 88,063 | 92,031 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Queen Anne [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 203 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 12,081 |  |  |
Building / Construction in Progress & Improvements | 41,618 |  |  |
Costs Subsequent to Acquisition / Construction | 459 |  |  |
Total Cost |  |  |  |
Land | 12,081 |  |  |
Building / Construction in Progress & Improvements | 42,077 |  |  |
Total | 54,158 |  |  |
Accumulated Depreciation | 10,633 |  |  |
Total Cost, Net of Accumulated Depreciation | 43,525 | 45,070 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Ballard [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 265 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 16,460 |  |  |
Building / Construction in Progress & Improvements | 46,926 |  |  |
Costs Subsequent to Acquisition / Construction | 1,040 |  |  |
Total Cost |  |  |  |
Land | 16,460 |  |  |
Building / Construction in Progress & Improvements | 47,966 |  |  |
Total | 64,426 |  |  |
Accumulated Depreciation | 10,195 |  |  |
Total Cost, Net of Accumulated Depreciation | 54,231 | 56,053 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Alderwood I [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 367 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 12,294 |  |  |
Building / Construction in Progress & Improvements | 55,627 |  |  |
Costs Subsequent to Acquisition / Construction | 14 |  |  |
Total Cost |  |  |  |
Land | 12,294 |  |  |
Building / Construction in Progress & Improvements | 55,641 |  |  |
Total | 67,935 |  |  |
Accumulated Depreciation | 8,595 |  |  |
Total Cost, Net of Accumulated Depreciation | 59,340 | 61,367 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Capitol Hill [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 249 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 20,613 |  |  |
Building / Construction in Progress & Improvements | 60,005 |  |  |
Costs Subsequent to Acquisition / Construction | 685 |  |  |
Total Cost |  |  |  |
Land | 20,613 |  |  |
Building / Construction in Progress & Improvements | 60,690 |  |  |
Total | 81,303 |  |  |
Accumulated Depreciation | 6,513 |  |  |
Total Cost, Net of Accumulated Depreciation | 74,790 | 76,433 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Alderwood II [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 124 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 5,072 |  |  |
Building / Construction in Progress & Improvements | 21,363 |  |  |
Costs Subsequent to Acquisition / Construction | 13 |  |  |
Total Cost |  |  |  |
Land | 5,072 |  |  |
Building / Construction in Progress & Improvements | 21,376 |  |  |
Total | 26,448 |  |  |
Accumulated Depreciation | 1,859 |  |  |
Total Cost, Net of Accumulated Depreciation | 24,589 | 25,337 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Archstone Redmond Lakeview [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 166 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 10,250 |  |  |
Building / Construction in Progress & Improvements | 26,842 |  |  |
Costs Subsequent to Acquisition / Construction | 3,769 |  |  |
Total Cost |  |  |  |
Land | 10,250 |  |  |
Building / Construction in Progress & Improvements | 30,611 |  |  |
Total | 40,861 |  |  |
Accumulated Depreciation | 8,333 |  |  |
Total Cost, Net of Accumulated Depreciation | 32,528 | 33,555 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Campbell [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 348 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 11,830 |  |  |
Building / Construction in Progress & Improvements | 47,828 |  |  |
Costs Subsequent to Acquisition / Construction | 13,895 |  |  |
Total Cost |  |  |  |
Land | 11,830 |  |  |
Building / Construction in Progress & Improvements | 61,723 |  |  |
Total | 73,553 |  |  |
Accumulated Depreciation | 37,549 |  |  |
Total Cost, Net of Accumulated Depreciation | 36,004 | 37,851 |  |
Encumbrances | $ 38,800 |  |  |
Current Communities | Eaves San Jose [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 440 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 12,920 |  |  |
Building / Construction in Progress & Improvements | 53,047 |  |  |
Costs Subsequent to Acquisition / Construction | 19,019 |  |  |
Total Cost |  |  |  |
Land | 12,920 |  |  |
Building / Construction in Progress & Improvements | 72,066 |  |  |
Total | 84,986 |  |  |
Accumulated Depreciation | 38,598 |  |  |
Total Cost, Net of Accumulated Depreciation | 46,388 | 48,753 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Silicon Valley [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 710 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 20,713 |  |  |
Building / Construction in Progress & Improvements | 99,573 |  |  |
Costs Subsequent to Acquisition / Construction | 35,004 |  |  |
Total Cost |  |  |  |
Land | 20,713 |  |  |
Building / Construction in Progress & Improvements | 134,577 |  |  |
Total | 155,290 |  |  |
Accumulated Depreciation | 76,386 |  |  |
Total Cost, Net of Accumulated Depreciation | 78,904 | 83,672 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Mountain View [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 248 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,755 |  |  |
Building / Construction in Progress & Improvements | 39,393 |  |  |
Costs Subsequent to Acquisition / Construction | 10,543 |  |  |
Total Cost |  |  |  |
Land | 9,755 |  |  |
Building / Construction in Progress & Improvements | 49,936 |  |  |
Total | 59,691 |  |  |
Accumulated Depreciation | 32,132 |  |  |
Total Cost, Net of Accumulated Depreciation | 27,559 | 29,011 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Creekside [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 296 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,546 |  |  |
Building / Construction in Progress & Improvements | 26,263 |  |  |
Costs Subsequent to Acquisition / Construction | 21,325 |  |  |
Total Cost |  |  |  |
Land | 6,546 |  |  |
Building / Construction in Progress & Improvements | 47,588 |  |  |
Total | 54,134 |  |  |
Accumulated Depreciation | 27,454 |  |  |
Total Cost, Net of Accumulated Depreciation | 26,680 | 28,327 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Cahill Park [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 218 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,765 |  |  |
Building / Construction in Progress & Improvements | 47,600 |  |  |
Costs Subsequent to Acquisition / Construction | 2,335 |  |  |
Total Cost |  |  |  |
Land | 4,765 |  |  |
Building / Construction in Progress & Improvements | 49,935 |  |  |
Total | 54,700 |  |  |
Accumulated Depreciation | 27,889 |  |  |
Total Cost, Net of Accumulated Depreciation | 26,811 | 28,301 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Morrison Park [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 250 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 13,837 |  |  |
Building / Construction in Progress & Improvements | 64,534 |  |  |
Costs Subsequent to Acquisition / Construction | 152 |  |  |
Total Cost |  |  |  |
Land | 13,837 |  |  |
Building / Construction in Progress & Improvements | 64,686 |  |  |
Total | 78,523 |  |  |
Accumulated Depreciation | 11,143 |  |  |
Total Cost, Net of Accumulated Depreciation | 67,380 | 69,664 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Willow Glen [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 412 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 46,060 |  |  |
Building / Construction in Progress & Improvements | 81,957 |  |  |
Costs Subsequent to Acquisition / Construction | 5,002 |  |  |
Total Cost |  |  |  |
Land | 46,060 |  |  |
Building / Construction in Progress & Improvements | 86,959 |  |  |
Total | 133,019 |  |  |
Accumulated Depreciation | 23,357 |  |  |
Total Cost, Net of Accumulated Depreciation | 109,662 | 112,837 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves West Valley [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 873 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 90,890 |  |  |
Building / Construction in Progress & Improvements | 132,040 |  |  |
Costs Subsequent to Acquisition / Construction | 11,344 |  |  |
Total Cost |  |  |  |
Land | 90,890 |  |  |
Building / Construction in Progress & Improvements | 143,384 |  |  |
Total | 234,274 |  |  |
Accumulated Depreciation | 36,797 |  |  |
Total Cost, Net of Accumulated Depreciation | 197,477 | 202,028 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Mountain View at Middlefield [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 402 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 64,070 |  |  |
Building / Construction in Progress & Improvements | 69,018 |  |  |
Costs Subsequent to Acquisition / Construction | 5,922 |  |  |
Total Cost |  |  |  |
Land | 64,070 |  |  |
Building / Construction in Progress & Improvements | 74,940 |  |  |
Total | 139,010 |  |  |
Accumulated Depreciation | 20,711 |  |  |
Total Cost, Net of Accumulated Depreciation | 118,299 | 120,748 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Fremont [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 308 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 10,746 |  |  |
Building / Construction in Progress & Improvements | 43,399 |  |  |
Costs Subsequent to Acquisition / Construction | 7,458 |  |  |
Total Cost |  |  |  |
Land | 10,746 |  |  |
Building / Construction in Progress & Improvements | 50,857 |  |  |
Total | 61,603 |  |  |
Accumulated Depreciation | 35,349 |  |  |
Total Cost, Net of Accumulated Depreciation | 26,254 | 27,278 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Dublin [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 204 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 5,276 |  |  |
Building / Construction in Progress & Improvements | 19,642 |  |  |
Costs Subsequent to Acquisition / Construction | 12,373 |  |  |
Total Cost |  |  |  |
Land | 5,276 |  |  |
Building / Construction in Progress & Improvements | 32,015 |  |  |
Total | 37,291 |  |  |
Accumulated Depreciation | 18,960 |  |  |
Total Cost, Net of Accumulated Depreciation | 18,331 | 19,470 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Pleasanton [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 456 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 11,610 |  |  |
Building / Construction in Progress & Improvements | 46,552 |  |  |
Costs Subsequent to Acquisition / Construction | 22,038 |  |  |
Total Cost |  |  |  |
Land | 11,610 |  |  |
Building / Construction in Progress & Improvements | 68,590 |  |  |
Total | 80,200 |  |  |
Accumulated Depreciation | 42,327 |  |  |
Total Cost, Net of Accumulated Depreciation | 37,873 | 39,771 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Union City [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 208 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,249 |  |  |
Building / Construction in Progress & Improvements | 16,820 |  |  |
Costs Subsequent to Acquisition / Construction | 3,603 |  |  |
Total Cost |  |  |  |
Land | 4,249 |  |  |
Building / Construction in Progress & Improvements | 20,423 |  |  |
Total | 24,672 |  |  |
Accumulated Depreciation | 14,433 |  |  |
Total Cost, Net of Accumulated Depreciation | 10,239 | 10,722 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Union City [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 439 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 14,732 |  |  |
Building / Construction in Progress & Improvements | 104,024 |  |  |
Costs Subsequent to Acquisition / Construction | 1,866 |  |  |
Total Cost |  |  |  |
Land | 14,732 |  |  |
Building / Construction in Progress & Improvements | 105,890 |  |  |
Total | 120,622 |  |  |
Accumulated Depreciation | 34,257 |  |  |
Total Cost, Net of Accumulated Depreciation | 86,365 | 89,091 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Walnut Creek [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 422 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 148,468 |  |  |
Costs Subsequent to Acquisition / Construction | 4,255 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 152,723 |  |  |
Total | 152,723 |  |  |
Accumulated Depreciation | 44,298 |  |  |
Total Cost, Net of Accumulated Depreciation | 108,425 | 112,601 |  |
Encumbrances | $ 3,699 |  |  |
Current Communities | Avalon Dublin Station [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 253 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 7,772 |  |  |
Building / Construction in Progress & Improvements | 72,142 |  |  |
Costs Subsequent to Acquisition / Construction | 450 |  |  |
Total Cost |  |  |  |
Land | 7,772 |  |  |
Building / Construction in Progress & Improvements | 72,592 |  |  |
Total | 80,364 |  |  |
Accumulated Depreciation | 12,253 |  |  |
Total Cost, Net of Accumulated Depreciation | 68,111 | 70,863 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Dublin Station II [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 252 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 7,762 |  |  |
Building / Construction in Progress & Improvements | 76,587 |  |  |
Costs Subsequent to Acquisition / Construction | (206) |  |  |
Total Cost |  |  |  |
Land | 7,762 |  |  |
Building / Construction in Progress & Improvements | 76,381 |  |  |
Total | 84,143 |  |  |
Accumulated Depreciation | 7,497 |  |  |
Total Cost, Net of Accumulated Depreciation | 76,646 | 79,551 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Walnut Creek [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 510 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 30,320 |  |  |
Building / Construction in Progress & Improvements | 82,375 |  |  |
Costs Subsequent to Acquisition / Construction | 17,008 |  |  |
Total Cost |  |  |  |
Land | 30,320 |  |  |
Building / Construction in Progress & Improvements | 99,383 |  |  |
Total | 129,703 |  |  |
Accumulated Depreciation | 23,049 |  |  |
Total Cost, Net of Accumulated Depreciation | 106,654 | 110,229 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Walnut Ridge I [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 106 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,860 |  |  |
Building / Construction in Progress & Improvements | 19,850 |  |  |
Costs Subsequent to Acquisition / Construction | 5,307 |  |  |
Total Cost |  |  |  |
Land | 9,860 |  |  |
Building / Construction in Progress & Improvements | 25,157 |  |  |
Total | 35,017 |  |  |
Accumulated Depreciation | 5,781 |  |  |
Total Cost, Net of Accumulated Depreciation | 29,236 | 30,176 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Berkeley [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 94 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,500 |  |  |
Building / Construction in Progress & Improvements | 28,615 |  |  |
Costs Subsequent to Acquisition / Construction | 51 |  |  |
Total Cost |  |  |  |
Land | 4,500 |  |  |
Building / Construction in Progress & Improvements | 28,666 |  |  |
Total | 33,166 |  |  |
Accumulated Depreciation | 4,543 |  |  |
Total Cost, Net of Accumulated Depreciation | 28,623 | 29,599 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Daly City [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 195 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,230 |  |  |
Building / Construction in Progress & Improvements | 9,659 |  |  |
Costs Subsequent to Acquisition / Construction | 20,613 |  |  |
Total Cost |  |  |  |
Land | 4,230 |  |  |
Building / Construction in Progress & Improvements | 30,272 |  |  |
Total | 34,502 |  |  |
Accumulated Depreciation | 18,784 |  |  |
Total Cost, Net of Accumulated Depreciation | 15,718 | 16,043 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Nob Hill [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 185 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 5,403 |  |  |
Building / Construction in Progress & Improvements | 21,567 |  |  |
Costs Subsequent to Acquisition / Construction | 7,904 |  |  |
Total Cost |  |  |  |
Land | 5,403 |  |  |
Building / Construction in Progress & Improvements | 29,471 |  |  |
Total | 34,874 |  |  |
Accumulated Depreciation | 18,180 |  |  |
Total Cost, Net of Accumulated Depreciation | 16,694 | 17,464 |  |
Encumbrances | $ 20,800 |  |  |
Current Communities | Eaves San Rafael [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 254 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 5,982 |  |  |
Building / Construction in Progress & Improvements | 16,885 |  |  |
Costs Subsequent to Acquisition / Construction | 25,261 |  |  |
Total Cost |  |  |  |
Land | 5,982 |  |  |
Building / Construction in Progress & Improvements | 42,146 |  |  |
Total | 48,128 |  |  |
Accumulated Depreciation | 23,656 |  |  |
Total Cost, Net of Accumulated Depreciation | 24,472 | 25,395 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Foster City [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 288 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 7,852 |  |  |
Building / Construction in Progress & Improvements | 31,445 |  |  |
Costs Subsequent to Acquisition / Construction | 12,532 |  |  |
Total Cost |  |  |  |
Land | 7,852 |  |  |
Building / Construction in Progress & Improvements | 43,977 |  |  |
Total | 51,829 |  |  |
Accumulated Depreciation | 27,209 |  |  |
Total Cost, Net of Accumulated Depreciation | 24,620 | 25,304 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Pacifica [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 220 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,125 |  |  |
Building / Construction in Progress & Improvements | 24,796 |  |  |
Costs Subsequent to Acquisition / Construction | 3,721 |  |  |
Total Cost |  |  |  |
Land | 6,125 |  |  |
Building / Construction in Progress & Improvements | 28,517 |  |  |
Total | 34,642 |  |  |
Accumulated Depreciation | 19,697 |  |  |
Total Cost, Net of Accumulated Depreciation | 14,945 | 15,390 |  |
Encumbrances | $ 17,600 |  |  |
Current Communities | Avalon Sunset Towers [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 243 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 3,561 |  |  |
Building / Construction in Progress & Improvements | 21,321 |  |  |
Costs Subsequent to Acquisition / Construction | 16,264 |  |  |
Total Cost |  |  |  |
Land | 3,561 |  |  |
Building / Construction in Progress & Improvements | 37,585 |  |  |
Total | 41,146 |  |  |
Accumulated Depreciation | 21,165 |  |  |
Total Cost, Net of Accumulated Depreciation | 19,981 | 21,194 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Diamond Heights [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 154 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,726 |  |  |
Building / Construction in Progress & Improvements | 19,130 |  |  |
Costs Subsequent to Acquisition / Construction | 6,445 |  |  |
Total Cost |  |  |  |
Land | 4,726 |  |  |
Building / Construction in Progress & Improvements | 25,575 |  |  |
Total | 30,301 |  |  |
Accumulated Depreciation | 16,244 |  |  |
Total Cost, Net of Accumulated Depreciation | 14,057 | 14,655 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Mission Bay I [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 250 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 14,029 |  |  |
Building / Construction in Progress & Improvements | 78,452 |  |  |
Costs Subsequent to Acquisition / Construction | 6,484 |  |  |
Total Cost |  |  |  |
Land | 14,029 |  |  |
Building / Construction in Progress & Improvements | 84,936 |  |  |
Total | 98,965 |  |  |
Accumulated Depreciation | 44,762 |  |  |
Total Cost, Net of Accumulated Depreciation | 54,203 | 54,325 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Mission Bay III [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 260 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 28,687 |  |  |
Building / Construction in Progress & Improvements | 119,156 |  |  |
Costs Subsequent to Acquisition / Construction | 603 |  |  |
Total Cost |  |  |  |
Land | 28,687 |  |  |
Building / Construction in Progress & Improvements | 119,759 |  |  |
Total | 148,446 |  |  |
Accumulated Depreciation | 38,977 |  |  |
Total Cost, Net of Accumulated Depreciation | 109,469 | 113,287 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Ocean Avenue [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 173 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 5,544 |  |  |
Building / Construction in Progress & Improvements | 50,906 |  |  |
Costs Subsequent to Acquisition / Construction | 1,972 |  |  |
Total Cost |  |  |  |
Land | 5,544 |  |  |
Building / Construction in Progress & Improvements | 52,878 |  |  |
Total | 58,422 |  |  |
Accumulated Depreciation | 12,527 |  |  |
Total Cost, Net of Accumulated Depreciation | 45,895 | 47,746 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA 55 Ninth [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 273 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 20,267 |  |  |
Building / Construction in Progress & Improvements | 97,321 |  |  |
Costs Subsequent to Acquisition / Construction | 1,285 |  |  |
Total Cost |  |  |  |
Land | 20,267 |  |  |
Building / Construction in Progress & Improvements | 98,606 |  |  |
Total | 118,873 |  |  |
Accumulated Depreciation | 16,867 |  |  |
Total Cost, Net of Accumulated Depreciation | 102,006 | 105,711 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Hayes Valley [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 182 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 12,595 |  |  |
Building / Construction in Progress & Improvements | 81,228 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 12,595 |  |  |
Building / Construction in Progress & Improvements | 81,228 |  |  |
Total | 93,823 |  |  |
Accumulated Depreciation | 10,793 |  |  |
Total Cost, Net of Accumulated Depreciation | 83,030 | 85,972 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon San Bruno I [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 300 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 40,780 |  |  |
Building / Construction in Progress & Improvements | 68,684 |  |  |
Costs Subsequent to Acquisition / Construction | 5,946 |  |  |
Total Cost |  |  |  |
Land | 40,780 |  |  |
Building / Construction in Progress & Improvements | 74,630 |  |  |
Total | 115,410 |  |  |
Accumulated Depreciation | 18,038 |  |  |
Total Cost, Net of Accumulated Depreciation | 97,372 | 99,104 |  |
Encumbrances | $ 64,450 |  |  |
Current Communities | Avalon San Bruno II [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 185 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 23,787 |  |  |
Building / Construction in Progress & Improvements | 44,934 |  |  |
Costs Subsequent to Acquisition / Construction | 1,972 |  |  |
Total Cost |  |  |  |
Land | 23,787 |  |  |
Building / Construction in Progress & Improvements | 46,906 |  |  |
Total | 70,693 |  |  |
Accumulated Depreciation | 10,782 |  |  |
Total Cost, Net of Accumulated Depreciation | 59,911 | 61,422 |  |
Encumbrances | $ 28,999 |  |  |
Current Communities | Avalon San Bruno III [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 187 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 33,303 |  |  |
Building / Construction in Progress & Improvements | 62,910 |  |  |
Costs Subsequent to Acquisition / Construction | 3,117 |  |  |
Total Cost |  |  |  |
Land | 33,303 |  |  |
Building / Construction in Progress & Improvements | 66,027 |  |  |
Total | 99,330 |  |  |
Accumulated Depreciation | 15,217 |  |  |
Total Cost, Net of Accumulated Depreciation | 84,113 | 86,285 |  |
Encumbrances | $ 52,090 |  |  |
Current Communities | AVA Burbank [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 748 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 22,483 |  |  |
Building / Construction in Progress & Improvements | 28,104 |  |  |
Costs Subsequent to Acquisition / Construction | 49,269 |  |  |
Total Cost |  |  |  |
Land | 22,483 |  |  |
Building / Construction in Progress & Improvements | 77,373 |  |  |
Total | 99,856 |  |  |
Accumulated Depreciation | 43,470 |  |  |
Total Cost, Net of Accumulated Depreciation | 56,386 | 58,391 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Woodland Hills [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 663 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 23,828 |  |  |
Building / Construction in Progress & Improvements | 40,372 |  |  |
Costs Subsequent to Acquisition / Construction | 49,923 |  |  |
Total Cost |  |  |  |
Land | 23,828 |  |  |
Building / Construction in Progress & Improvements | 90,295 |  |  |
Total | 114,123 |  |  |
Accumulated Depreciation | 48,604 |  |  |
Total Cost, Net of Accumulated Depreciation | 65,519 | 68,144 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Warner Center [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 227 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 7,045 |  |  |
Building / Construction in Progress & Improvements | 12,986 |  |  |
Costs Subsequent to Acquisition / Construction | 10,275 |  |  |
Total Cost |  |  |  |
Land | 7,045 |  |  |
Building / Construction in Progress & Improvements | 23,261 |  |  |
Total | 30,306 |  |  |
Accumulated Depreciation | 16,667 |  |  |
Total Cost, Net of Accumulated Depreciation | 13,639 | 13,785 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Glendale [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 223 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 42,564 |  |  |
Costs Subsequent to Acquisition / Construction | 2,244 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 44,808 |  |  |
Total | 44,808 |  |  |
Accumulated Depreciation | 23,395 |  |  |
Total Cost, Net of Accumulated Depreciation | 21,413 | 22,931 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Burbank [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 400 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 14,053 |  |  |
Building / Construction in Progress & Improvements | 56,827 |  |  |
Costs Subsequent to Acquisition / Construction | 25,101 |  |  |
Total Cost |  |  |  |
Land | 14,053 |  |  |
Building / Construction in Progress & Improvements | 81,928 |  |  |
Total | 95,981 |  |  |
Accumulated Depreciation | 40,332 |  |  |
Total Cost, Net of Accumulated Depreciation | 55,649 | 58,046 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Camarillo [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 249 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,446 |  |  |
Building / Construction in Progress & Improvements | 40,290 |  |  |
Costs Subsequent to Acquisition / Construction | 1,232 |  |  |
Total Cost |  |  |  |
Land | 8,446 |  |  |
Building / Construction in Progress & Improvements | 41,522 |  |  |
Total | 49,968 |  |  |
Accumulated Depreciation | 17,877 |  |  |
Total Cost, Net of Accumulated Depreciation | 32,091 | 33,255 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Wilshire [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 123 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 5,459 |  |  |
Building / Construction in Progress & Improvements | 41,182 |  |  |
Costs Subsequent to Acquisition / Construction | 1,467 |  |  |
Total Cost |  |  |  |
Land | 5,459 |  |  |
Building / Construction in Progress & Improvements | 42,649 |  |  |
Total | 48,108 |  |  |
Accumulated Depreciation | 17,219 |  |  |
Total Cost, Net of Accumulated Depreciation | 30,889 | 32,285 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Encino [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 131 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 12,789 |  |  |
Building / Construction in Progress & Improvements | 49,073 |  |  |
Costs Subsequent to Acquisition / Construction | 1,309 |  |  |
Total Cost |  |  |  |
Land | 12,789 |  |  |
Building / Construction in Progress & Improvements | 50,382 |  |  |
Total | 63,171 |  |  |
Accumulated Depreciation | 17,728 |  |  |
Total Cost, Net of Accumulated Depreciation | 45,443 | 46,987 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Warner Place [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 210 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 7,920 |  |  |
Building / Construction in Progress & Improvements | 44,845 |  |  |
Costs Subsequent to Acquisition / Construction | 892 |  |  |
Total Cost |  |  |  |
Land | 7,920 |  |  |
Building / Construction in Progress & Improvements | 45,737 |  |  |
Total | 53,657 |  |  |
Accumulated Depreciation | 16,667 |  |  |
Total Cost, Net of Accumulated Depreciation | 36,990 | 38,245 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Little Tokyo [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 280 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 14,734 |  |  |
Building / Construction in Progress & Improvements | 94,076 |  |  |
Costs Subsequent to Acquisition / Construction | 1,594 |  |  |
Total Cost |  |  |  |
Land | 14,734 |  |  |
Building / Construction in Progress & Improvements | 95,670 |  |  |
Total | 110,404 |  |  |
Accumulated Depreciation | 14,164 |  |  |
Total Cost, Net of Accumulated Depreciation | 96,240 | 98,607 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Phillips Ranch [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 501 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,796 |  |  |
Building / Construction in Progress & Improvements | 41,740 |  |  |
Costs Subsequent to Acquisition / Construction | 2,950 |  |  |
Total Cost |  |  |  |
Land | 9,796 |  |  |
Building / Construction in Progress & Improvements | 44,690 |  |  |
Total | 54,486 |  |  |
Accumulated Depreciation | 12,077 |  |  |
Total Cost, Net of Accumulated Depreciation | 42,409 | 43,186 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves San Dimas [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 102 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 1,916 |  |  |
Building / Construction in Progress & Improvements | 7,819 |  |  |
Costs Subsequent to Acquisition / Construction | 1,458 |  |  |
Total Cost |  |  |  |
Land | 1,916 |  |  |
Building / Construction in Progress & Improvements | 9,277 |  |  |
Total | 11,193 |  |  |
Accumulated Depreciation | 2,621 |  |  |
Total Cost, Net of Accumulated Depreciation | 8,572 | 8,922 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves San Dimas Canyon [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 156 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 2,953 |  |  |
Building / Construction in Progress & Improvements | 12,428 |  |  |
Costs Subsequent to Acquisition / Construction | 812 |  |  |
Total Cost |  |  |  |
Land | 2,953 |  |  |
Building / Construction in Progress & Improvements | 13,240 |  |  |
Total | 16,193 |  |  |
Accumulated Depreciation | 3,683 |  |  |
Total Cost, Net of Accumulated Depreciation | 12,510 | 12,972 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Pasadena [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 84 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,400 |  |  |
Building / Construction in Progress & Improvements | 11,547 |  |  |
Costs Subsequent to Acquisition / Construction | 5,552 |  |  |
Total Cost |  |  |  |
Land | 8,400 |  |  |
Building / Construction in Progress & Improvements | 17,099 |  |  |
Total | 25,499 |  |  |
Accumulated Depreciation | 3,849 |  |  |
Total Cost, Net of Accumulated Depreciation | 21,650 | 22,255 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Cerritos [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 151 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,305 |  |  |
Building / Construction in Progress & Improvements | 21,195 |  |  |
Costs Subsequent to Acquisition / Construction | 1,526 |  |  |
Total Cost |  |  |  |
Land | 8,305 |  |  |
Building / Construction in Progress & Improvements | 22,721 |  |  |
Total | 31,026 |  |  |
Accumulated Depreciation | 5,203 |  |  |
Total Cost, Net of Accumulated Depreciation | 25,823 | 26,583 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Playa Vista [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 309 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 30,900 |  |  |
Building / Construction in Progress & Improvements | 72,008 |  |  |
Costs Subsequent to Acquisition / Construction | 3,102 |  |  |
Total Cost |  |  |  |
Land | 30,900 |  |  |
Building / Construction in Progress & Improvements | 75,110 |  |  |
Total | 106,010 |  |  |
Accumulated Depreciation | 17,059 |  |  |
Total Cost, Net of Accumulated Depreciation | 88,951 | 91,108 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon San Dimas [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 156 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,141 |  |  |
Building / Construction in Progress & Improvements | 30,727 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 9,141 |  |  |
Building / Construction in Progress & Improvements | 30,727 |  |  |
Total | 39,868 |  |  |
Accumulated Depreciation | 4,894 |  |  |
Total Cost, Net of Accumulated Depreciation | 34,974 | 36,090 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Glendora [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 280 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 18,311 |  |  |
Building / Construction in Progress & Improvements | 64,759 |  |  |
Costs Subsequent to Acquisition / Construction | 242 |  |  |
Total Cost |  |  |  |
Land | 18,311 |  |  |
Building / Construction in Progress & Improvements | 65,001 |  |  |
Total | 83,312 |  |  |
Accumulated Depreciation | 7,380 |  |  |
Total Cost, Net of Accumulated Depreciation | 75,932 | 78,196 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Mission Oaks [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 160 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,600 |  |  |
Building / Construction in Progress & Improvements | 37,602 |  |  |
Costs Subsequent to Acquisition / Construction | 1,296 |  |  |
Total Cost |  |  |  |
Land | 9,600 |  |  |
Building / Construction in Progress & Improvements | 38,898 |  |  |
Total | 48,498 |  |  |
Accumulated Depreciation | 7,097 |  |  |
Total Cost, Net of Accumulated Depreciation | 41,401 | 42,849 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Simi Valley [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 500 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 42,020 |  |  |
Building / Construction in Progress & Improvements | 73,361 |  |  |
Costs Subsequent to Acquisition / Construction | 5,228 |  |  |
Total Cost |  |  |  |
Land | 42,020 |  |  |
Building / Construction in Progress & Improvements | 78,589 |  |  |
Total | 120,609 |  |  |
Accumulated Depreciation | 20,230 |  |  |
Total Cost, Net of Accumulated Depreciation | 100,379 | 102,927 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Calabasas [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 600 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 42,720 |  |  |
Building / Construction in Progress & Improvements | 107,642 |  |  |
Costs Subsequent to Acquisition / Construction | 11,255 |  |  |
Total Cost |  |  |  |
Land | 42,720 |  |  |
Building / Construction in Progress & Improvements | 118,897 |  |  |
Total | 161,617 |  |  |
Accumulated Depreciation | 33,023 |  |  |
Total Cost, Net of Accumulated Depreciation | 128,594 | 132,313 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Oak Creek [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 336 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 43,540 |  |  |
Building / Construction in Progress & Improvements | 79,974 |  |  |
Costs Subsequent to Acquisition / Construction | 6,295 |  |  |
Total Cost |  |  |  |
Land | 43,540 |  |  |
Building / Construction in Progress & Improvements | 86,269 |  |  |
Total | 129,809 |  |  |
Accumulated Depreciation | 25,105 |  |  |
Total Cost, Net of Accumulated Depreciation | 104,704 | 108,080 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Santa Monica on Main [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 133 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 32,000 |  |  |
Building / Construction in Progress & Improvements | 60,770 |  |  |
Costs Subsequent to Acquisition / Construction | 13,278 |  |  |
Total Cost |  |  |  |
Land | 32,000 |  |  |
Building / Construction in Progress & Improvements | 74,048 |  |  |
Total | 106,048 |  |  |
Accumulated Depreciation | 16,408 |  |  |
Total Cost, Net of Accumulated Depreciation | 89,640 | 92,185 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Del Mar Station [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 347 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 20,560 |  |  |
Building / Construction in Progress & Improvements | 106,556 |  |  |
Costs Subsequent to Acquisition / Construction | 4,105 |  |  |
Total Cost |  |  |  |
Land | 20,560 |  |  |
Building / Construction in Progress & Improvements | 110,661 |  |  |
Total | 131,221 |  |  |
Accumulated Depreciation | 24,486 |  |  |
Total Cost, Net of Accumulated Depreciation | 106,735 | 110,130 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Thousand Oaks [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 154 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 13,950 |  |  |
Building / Construction in Progress & Improvements | 20,211 |  |  |
Costs Subsequent to Acquisition / Construction | 2,772 |  |  |
Total Cost |  |  |  |
Land | 13,950 |  |  |
Building / Construction in Progress & Improvements | 22,983 |  |  |
Total | 36,933 |  |  |
Accumulated Depreciation | 7,194 |  |  |
Total Cost, Net of Accumulated Depreciation | 29,739 | 30,549 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Woodland Hills [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 883 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 68,940 |  |  |
Building / Construction in Progress & Improvements | 90,549 |  |  |
Costs Subsequent to Acquisition / Construction | 11,831 |  |  |
Total Cost |  |  |  |
Land | 68,940 |  |  |
Building / Construction in Progress & Improvements | 102,380 |  |  |
Total | 171,320 |  |  |
Accumulated Depreciation | 29,786 |  |  |
Total Cost, Net of Accumulated Depreciation | 141,534 | 145,339 |  |
Encumbrances | $ 111,500 |  |  |
Current Communities | Avalon Thousand Oaks Plaza [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 148 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 12,810 |  |  |
Building / Construction in Progress & Improvements | 22,581 |  |  |
Costs Subsequent to Acquisition / Construction | 2,524 |  |  |
Total Cost |  |  |  |
Land | 12,810 |  |  |
Building / Construction in Progress & Improvements | 25,105 |  |  |
Total | 37,915 |  |  |
Accumulated Depreciation | 7,184 |  |  |
Total Cost, Net of Accumulated Depreciation | 30,731 | 31,559 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Pasadena [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 120 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 10,240 |  |  |
Building / Construction in Progress & Improvements | 31,558 |  |  |
Costs Subsequent to Acquisition / Construction | 6,698 |  |  |
Total Cost |  |  |  |
Land | 10,240 |  |  |
Building / Construction in Progress & Improvements | 38,256 |  |  |
Total | 48,496 |  |  |
Accumulated Depreciation | 8,646 |  |  |
Total Cost, Net of Accumulated Depreciation | 39,850 | 41,204 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Newport [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 145 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 1,975 |  |  |
Building / Construction in Progress & Improvements | 3,814 |  |  |
Costs Subsequent to Acquisition / Construction | 9,904 |  |  |
Total Cost |  |  |  |
Land | 1,975 |  |  |
Building / Construction in Progress & Improvements | 13,718 |  |  |
Total | 15,693 |  |  |
Accumulated Depreciation | 7,499 |  |  |
Total Cost, Net of Accumulated Depreciation | 8,194 | 8,634 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Mission Viejo [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 166 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 2,517 |  |  |
Building / Construction in Progress & Improvements | 9,257 |  |  |
Costs Subsequent to Acquisition / Construction | 3,654 |  |  |
Total Cost |  |  |  |
Land | 2,517 |  |  |
Building / Construction in Progress & Improvements | 12,911 |  |  |
Total | 15,428 |  |  |
Accumulated Depreciation | 9,178 |  |  |
Total Cost, Net of Accumulated Depreciation | 6,250 | 6,694 |  |
Encumbrances | $ 7,635 |  |  |
Current Communities | Eaves South Coast [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 258 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,709 |  |  |
Building / Construction in Progress & Improvements | 16,063 |  |  |
Costs Subsequent to Acquisition / Construction | 13,646 |  |  |
Total Cost |  |  |  |
Land | 4,709 |  |  |
Building / Construction in Progress & Improvements | 29,709 |  |  |
Total | 34,418 |  |  |
Accumulated Depreciation | 17,892 |  |  |
Total Cost, Net of Accumulated Depreciation | 16,526 | 17,331 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Santa Margarita [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 301 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,607 |  |  |
Building / Construction in Progress & Improvements | 16,911 |  |  |
Costs Subsequent to Acquisition / Construction | 11,237 |  |  |
Total Cost |  |  |  |
Land | 4,607 |  |  |
Building / Construction in Progress & Improvements | 28,148 |  |  |
Total | 32,755 |  |  |
Accumulated Depreciation | 16,900 |  |  |
Total Cost, Net of Accumulated Depreciation | 15,855 | 16,586 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Huntington Beach [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 304 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,871 |  |  |
Building / Construction in Progress & Improvements | 19,745 |  |  |
Costs Subsequent to Acquisition / Construction | 11,058 |  |  |
Total Cost |  |  |  |
Land | 4,871 |  |  |
Building / Construction in Progress & Improvements | 30,803 |  |  |
Total | 35,674 |  |  |
Accumulated Depreciation | 21,048 |  |  |
Total Cost, Net of Accumulated Depreciation | 14,626 | 14,971 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Irvine I [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 279 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,911 |  |  |
Building / Construction in Progress & Improvements | 67,520 |  |  |
Costs Subsequent to Acquisition / Construction | 1,522 |  |  |
Total Cost |  |  |  |
Land | 9,911 |  |  |
Building / Construction in Progress & Improvements | 69,042 |  |  |
Total | 78,953 |  |  |
Accumulated Depreciation | 21,983 |  |  |
Total Cost, Net of Accumulated Depreciation | 56,970 | 58,578 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Irvine II [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 179 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,358 |  |  |
Building / Construction in Progress & Improvements | 40,905 |  |  |
Costs Subsequent to Acquisition / Construction | 59 |  |  |
Total Cost |  |  |  |
Land | 4,358 |  |  |
Building / Construction in Progress & Improvements | 40,964 |  |  |
Total | 45,322 |  |  |
Accumulated Depreciation | 8,711 |  |  |
Total Cost, Net of Accumulated Depreciation | 36,611 | 38,053 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Lake Forest [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 225 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 5,199 |  |  |
Building / Construction in Progress & Improvements | 21,134 |  |  |
Costs Subsequent to Acquisition / Construction | 3,571 |  |  |
Total Cost |  |  |  |
Land | 5,199 |  |  |
Building / Construction in Progress & Improvements | 24,705 |  |  |
Total | 29,904 |  |  |
Accumulated Depreciation | 6,502 |  |  |
Total Cost, Net of Accumulated Depreciation | 23,402 | 23,967 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Baker Ranch [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 430 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 31,689 |  |  |
Building / Construction in Progress & Improvements | 98,410 |  |  |
Costs Subsequent to Acquisition / Construction | 27 |  |  |
Total Cost |  |  |  |
Land | 31,689 |  |  |
Building / Construction in Progress & Improvements | 98,437 |  |  |
Total | 130,126 |  |  |
Accumulated Depreciation | 13,019 |  |  |
Total Cost, Net of Accumulated Depreciation | 117,107 | 120,694 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Irvine III [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 156 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 11,607 |  |  |
Building / Construction in Progress & Improvements | 43,973 |  |  |
Costs Subsequent to Acquisition / Construction | 20 |  |  |
Total Cost |  |  |  |
Land | 11,607 |  |  |
Building / Construction in Progress & Improvements | 43,993 |  |  |
Total | 55,600 |  |  |
Accumulated Depreciation | 4,445 |  |  |
Total Cost, Net of Accumulated Depreciation | 51,155 | 52,742 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Pacific Beach [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 564 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,922 |  |  |
Building / Construction in Progress & Improvements | 40,580 |  |  |
Costs Subsequent to Acquisition / Construction | 40,991 |  |  |
Total Cost |  |  |  |
Land | 9,922 |  |  |
Building / Construction in Progress & Improvements | 81,571 |  |  |
Total | 91,493 |  |  |
Accumulated Depreciation | 44,039 |  |  |
Total Cost, Net of Accumulated Depreciation | 47,454 | 50,243 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Mission Ridge [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 200 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 2,710 |  |  |
Building / Construction in Progress & Improvements | 10,924 |  |  |
Costs Subsequent to Acquisition / Construction | 12,460 |  |  |
Total Cost |  |  |  |
Land | 2,710 |  |  |
Building / Construction in Progress & Improvements | 23,384 |  |  |
Total | 26,094 |  |  |
Accumulated Depreciation | 15,529 |  |  |
Total Cost, Net of Accumulated Depreciation | 10,565 | 11,125 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Cortez Hill [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 299 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 2,768 |  |  |
Building / Construction in Progress & Improvements | 20,134 |  |  |
Costs Subsequent to Acquisition / Construction | 23,989 |  |  |
Total Cost |  |  |  |
Land | 2,768 |  |  |
Building / Construction in Progress & Improvements | 44,123 |  |  |
Total | 46,891 |  |  |
Accumulated Depreciation | 25,017 |  |  |
Total Cost, Net of Accumulated Depreciation | 21,874 | 23,010 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves San Marcos [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 184 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 3,277 |  |  |
Building / Construction in Progress & Improvements | 13,385 |  |  |
Costs Subsequent to Acquisition / Construction | 4,548 |  |  |
Total Cost |  |  |  |
Land | 3,277 |  |  |
Building / Construction in Progress & Improvements | 17,933 |  |  |
Total | 21,210 |  |  |
Accumulated Depreciation | 4,298 |  |  |
Total Cost, Net of Accumulated Depreciation | 16,912 | 17,578 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Rancho Penasquitos [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 250 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,692 |  |  |
Building / Construction in Progress & Improvements | 27,143 |  |  |
Costs Subsequent to Acquisition / Construction | 4,420 |  |  |
Total Cost |  |  |  |
Land | 6,692 |  |  |
Building / Construction in Progress & Improvements | 31,563 |  |  |
Total | 38,255 |  |  |
Accumulated Depreciation | 8,230 |  |  |
Total Cost, Net of Accumulated Depreciation | 30,025 | 30,117 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Vista [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 221 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 12,689 |  |  |
Building / Construction in Progress & Improvements | 43,328 |  |  |
Costs Subsequent to Acquisition / Construction | 94 |  |  |
Total Cost |  |  |  |
Land | 12,689 |  |  |
Building / Construction in Progress & Improvements | 43,422 |  |  |
Total | 56,111 |  |  |
Accumulated Depreciation | 5,762 |  |  |
Total Cost, Net of Accumulated Depreciation | 50,349 | 51,891 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves La Mesa [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 168 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,490 |  |  |
Building / Construction in Progress & Improvements | 28,482 |  |  |
Costs Subsequent to Acquisition / Construction | 2,778 |  |  |
Total Cost |  |  |  |
Land | 9,490 |  |  |
Building / Construction in Progress & Improvements | 31,260 |  |  |
Total | 40,750 |  |  |
Accumulated Depreciation | 8,602 |  |  |
Total Cost, Net of Accumulated Depreciation | 32,148 | 32,745 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon La Jolla Colony [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 180 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 16,760 |  |  |
Building / Construction in Progress & Improvements | 27,694 |  |  |
Costs Subsequent to Acquisition / Construction | 12,050 |  |  |
Total Cost |  |  |  |
Land | 16,760 |  |  |
Building / Construction in Progress & Improvements | 39,744 |  |  |
Total | 56,504 |  |  |
Accumulated Depreciation | 9,645 |  |  |
Total Cost, Net of Accumulated Depreciation | 46,859 | 48,538 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon on the Alameda [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 305 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,119 |  |  |
Building / Construction in Progress & Improvements | 50,225 |  |  |
Costs Subsequent to Acquisition / Construction | 12,448 |  |  |
Total Cost |  |  |  |
Land | 6,119 |  |  |
Building / Construction in Progress & Improvements | 62,673 |  |  |
Total | 68,792 |  |  |
Accumulated Depreciation | 36,163 |  |  |
Total Cost, Net of Accumulated Depreciation | 32,629 | 32,735 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Fremont [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 235 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,581 |  |  |
Building / Construction in Progress & Improvements | 26,583 |  |  |
Costs Subsequent to Acquisition / Construction | 10,335 |  |  |
Total Cost |  |  |  |
Land | 6,581 |  |  |
Building / Construction in Progress & Improvements | 36,918 |  |  |
Total | 43,499 |  |  |
Accumulated Depreciation | 23,867 |  |  |
Total Cost, Net of Accumulated Depreciation | 19,632 | 20,423 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Towers on the Peninsula [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 211 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,560 |  |  |
Building / Construction in Progress & Improvements | 56,136 |  |  |
Costs Subsequent to Acquisition / Construction | 14,536 |  |  |
Total Cost |  |  |  |
Land | 9,560 |  |  |
Building / Construction in Progress & Improvements | 70,672 |  |  |
Total | 80,232 |  |  |
Accumulated Depreciation | 34,118 |  |  |
Total Cost, Net of Accumulated Depreciation | 46,114 | 48,600 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon West Hollywood [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 294 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 35,210 |  |  |
Building / Construction in Progress & Improvements | 116,574 |  |  |
Costs Subsequent to Acquisition / Construction | 1,026 |  |  |
Total Cost |  |  |  |
Land | 35,210 |  |  |
Building / Construction in Progress & Improvements | 117,600 |  |  |
Total | 152,810 |  |  |
Accumulated Depreciation | 6,448 |  |  |
Total Cost, Net of Accumulated Depreciation | 146,362 | 148,875 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Chino Hills [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 331 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 16,615 |  |  |
Building / Construction in Progress & Improvements | 82,333 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 16,615 |  |  |
Building / Construction in Progress & Improvements | 82,333 |  |  |
Total | 98,948 |  |  |
Accumulated Depreciation | 5,037 |  |  |
Total Cost, Net of Accumulated Depreciation | 93,911 | 96,241 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA North Hollywood [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 156 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 18,408 |  |  |
Building / Construction in Progress & Improvements | 52,280 |  |  |
Costs Subsequent to Acquisition / Construction | 1,809 |  |  |
Total Cost |  |  |  |
Land | 18,408 |  |  |
Building / Construction in Progress & Improvements | 54,089 |  |  |
Total | 72,497 |  |  |
Accumulated Depreciation | 5,881 |  |  |
Total Cost, Net of Accumulated Depreciation | 66,616 | 68,627 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Studio City II [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 101 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,626 |  |  |
Building / Construction in Progress & Improvements | 22,954 |  |  |
Costs Subsequent to Acquisition / Construction | 7,273 |  |  |
Total Cost |  |  |  |
Land | 4,626 |  |  |
Building / Construction in Progress & Improvements | 30,227 |  |  |
Total | 34,853 |  |  |
Accumulated Depreciation | 6,353 |  |  |
Total Cost, Net of Accumulated Depreciation | 28,500 | 27,907 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Old Town Pasadena [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 96 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,110 |  |  |
Building / Construction in Progress & Improvements | 15,371 |  |  |
Costs Subsequent to Acquisition / Construction | 7,106 |  |  |
Total Cost |  |  |  |
Land | 9,110 |  |  |
Building / Construction in Progress & Improvements | 22,477 |  |  |
Total | 31,587 |  |  |
Accumulated Depreciation | 5,025 |  |  |
Total Cost, Net of Accumulated Depreciation | 26,562 | 27,174 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Los Feliz [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 263 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 18,940 |  |  |
Building / Construction in Progress & Improvements | 43,661 |  |  |
Costs Subsequent to Acquisition / Construction | 9,294 |  |  |
Total Cost |  |  |  |
Land | 18,940 |  |  |
Building / Construction in Progress & Improvements | 52,955 |  |  |
Total | 71,895 |  |  |
Accumulated Depreciation | 12,323 |  |  |
Total Cost, Net of Accumulated Depreciation | 59,572 | 56,612 |  |
Encumbrances | $ 41,400 |  |  |
Current Communities | AVA Toluca Hills [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 1,151 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 86,450 |  |  |
Building / Construction in Progress & Improvements | 161,256 |  |  |
Costs Subsequent to Acquisition / Construction | 81,446 |  |  |
Total Cost |  |  |  |
Land | 86,450 |  |  |
Building / Construction in Progress & Improvements | 242,702 |  |  |
Total | 329,152 |  |  |
Accumulated Depreciation | 47,292 |  |  |
Total Cost, Net of Accumulated Depreciation | 281,860 | 245,858 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Walnut Ridge II [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 360 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 27,190 |  |  |
Building / Construction in Progress & Improvements | 57,041 |  |  |
Costs Subsequent to Acquisition / Construction | 12,555 |  |  |
Total Cost |  |  |  |
Land | 27,190 |  |  |
Building / Construction in Progress & Improvements | 69,596 |  |  |
Total | 96,786 |  |  |
Accumulated Depreciation | 16,120 |  |  |
Total Cost, Net of Accumulated Depreciation | 80,666 | 76,723 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Huntington Beach [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 378 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 13,055 |  |  |
Building / Construction in Progress & Improvements | 105,981 |  |  |
Costs Subsequent to Acquisition / Construction | 447 |  |  |
Total Cost |  |  |  |
Land | 13,055 |  |  |
Building / Construction in Progress & Improvements | 106,428 |  |  |
Total | 119,483 |  |  |
Accumulated Depreciation | 8,901 |  |  |
Total Cost, Net of Accumulated Depreciation | 110,582 | 114,001 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Studio City I [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 450 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 17,658 |  |  |
Building / Construction in Progress & Improvements | 90,715 |  |  |
Costs Subsequent to Acquisition / Construction | 33,787 |  |  |
Total Cost |  |  |  |
Land | 17,658 |  |  |
Building / Construction in Progress & Improvements | 124,502 |  |  |
Total | 142,160 |  |  |
Accumulated Depreciation | 25,235 |  |  |
Total Cost, Net of Accumulated Depreciation | 116,925 | 120,511 |  |
Encumbrances | $ 0 |  |  |
Current Communities | The Lodge Denver West [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 252 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,047 |  |  |
Building / Construction in Progress & Improvements | 67,364 |  |  |
Costs Subsequent to Acquisition / Construction | 1,748 |  |  |
Total Cost |  |  |  |
Land | 8,047 |  |  |
Building / Construction in Progress & Improvements | 69,112 |  |  |
Total | 77,159 |  |  |
Accumulated Depreciation | 5,347 |  |  |
Total Cost, Net of Accumulated Depreciation | 71,812 | 74,951 |  |
Encumbrances | $ 0 |  |  |
Current Communities | The Meadows |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 240 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,527 |  |  |
Building / Construction in Progress & Improvements | 61,442 |  |  |
Costs Subsequent to Acquisition / Construction | 3,337 |  |  |
Total Cost |  |  |  |
Land | 8,527 |  |  |
Building / Construction in Progress & Improvements | 64,779 |  |  |
Total | 73,306 |  |  |
Accumulated Depreciation | 634 |  |  |
Total Cost, Net of Accumulated Depreciation | 72,672 |  |  |
Encumbrances | $ 0 |  |  |
Current Communities | Ironwood at Red Rocks |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 256 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,461 |  |  |
Building / Construction in Progress & Improvements | 69,717 |  |  |
Costs Subsequent to Acquisition / Construction | 1,373 |  |  |
Total Cost |  |  |  |
Land | 4,461 |  |  |
Building / Construction in Progress & Improvements | 71,090 |  |  |
Total | 75,551 |  |  |
Accumulated Depreciation | 988 |  |  |
Total Cost, Net of Accumulated Depreciation | 74,563 |  |  |
Encumbrances | $ 0 |  |  |
Current Communities | 850 Boca [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 370 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 21,430 |  |  |
Building / Construction in Progress & Improvements | 114,085 |  |  |
Costs Subsequent to Acquisition / Construction | 3,536 |  |  |
Total Cost |  |  |  |
Land | 21,430 |  |  |
Building / Construction in Progress & Improvements | 117,621 |  |  |
Total | 139,051 |  |  |
Accumulated Depreciation | 8,119 |  |  |
Total Cost, Net of Accumulated Depreciation | 130,932 | 138,399 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Alexander Apartments & Lofts |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 290 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,597 |  |  |
Building / Construction in Progress & Improvements | 90,950 |  |  |
Costs Subsequent to Acquisition / Construction | 2,707 |  |  |
Total Cost |  |  |  |
Land | 9,597 |  |  |
Building / Construction in Progress & Improvements | 93,657 |  |  |
Total | 103,254 |  |  |
Accumulated Depreciation | 1,867 |  |  |
Total Cost, Net of Accumulated Depreciation | 101,387 |  |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Newton Highlands [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 294 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 11,039 |  |  |
Building / Construction in Progress & Improvements | 45,547 |  |  |
Costs Subsequent to Acquisition / Construction | 16,263 |  |  |
Total Cost |  |  |  |
Land | 11,039 |  |  |
Building / Construction in Progress & Improvements | 61,810 |  |  |
Total | 72,849 |  |  |
Accumulated Depreciation | 27,821 |  |  |
Total Cost, Net of Accumulated Depreciation | 45,028 | 36,413 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Chestnut Hill [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 204 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 14,572 |  |  |
Building / Construction in Progress & Improvements | 45,911 |  |  |
Costs Subsequent to Acquisition / Construction | 11,875 |  |  |
Total Cost |  |  |  |
Land | 14,572 |  |  |
Building / Construction in Progress & Improvements | 57,786 |  |  |
Total | 72,358 |  |  |
Accumulated Depreciation | 21,777 |  |  |
Total Cost, Net of Accumulated Depreciation | 50,581 | 51,450 |  |
Encumbrances | $ 37,561 |  |  |
Current Communities | AVA Back Bay [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 271 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,034 |  |  |
Building / Construction in Progress & Improvements | 36,540 |  |  |
Costs Subsequent to Acquisition / Construction | 48,602 |  |  |
Total Cost |  |  |  |
Land | 9,034 |  |  |
Building / Construction in Progress & Improvements | 85,142 |  |  |
Total | 94,176 |  |  |
Accumulated Depreciation | 36,970 |  |  |
Total Cost, Net of Accumulated Depreciation | 57,206 | 58,863 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Quincy [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 395 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 14,685 |  |  |
Building / Construction in Progress & Improvements | 78,548 |  |  |
Costs Subsequent to Acquisition / Construction | 14 |  |  |
Total Cost |  |  |  |
Land | 14,685 |  |  |
Building / Construction in Progress & Improvements | 78,562 |  |  |
Total | 93,247 |  |  |
Accumulated Depreciation | 5,855 |  |  |
Total Cost, Net of Accumulated Depreciation | 87,392 | 89,853 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Hunt Valley [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 332 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 10,855 |  |  |
Building / Construction in Progress & Improvements | 62,933 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 10,855 |  |  |
Building / Construction in Progress & Improvements | 62,933 |  |  |
Total | 73,788 |  |  |
Accumulated Depreciation | 4,496 |  |  |
Total Cost, Net of Accumulated Depreciation | 69,292 | 71,294 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Laurel [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 344 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 10,130 |  |  |
Building / Construction in Progress & Improvements | 61,685 |  |  |
Costs Subsequent to Acquisition / Construction | 35 |  |  |
Total Cost |  |  |  |
Land | 10,130 |  |  |
Building / Construction in Progress & Improvements | 61,720 |  |  |
Total | 71,850 |  |  |
Accumulated Depreciation | 5,218 |  |  |
Total Cost, Net of Accumulated Depreciation | 66,632 | 69,006 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Arundel Crossing |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 310 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 12,208 |  |  |
Building / Construction in Progress & Improvements | 69,381 |  |  |
Costs Subsequent to Acquisition / Construction | 2,546 |  |  |
Total Cost |  |  |  |
Land | 12,208 |  |  |
Building / Construction in Progress & Improvements | 71,927 |  |  |
Total | 84,135 |  |  |
Accumulated Depreciation | 2,099 |  |  |
Total Cost, Net of Accumulated Depreciation | 82,036 |  |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Edgewater |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 168 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 5,982 |  |  |
Building / Construction in Progress & Improvements | 24,389 |  |  |
Costs Subsequent to Acquisition / Construction | 9,461 |  |  |
Total Cost |  |  |  |
Land | 5,982 |  |  |
Building / Construction in Progress & Improvements | 33,850 |  |  |
Total | 39,832 |  |  |
Accumulated Depreciation | 16,782 |  |  |
Total Cost, Net of Accumulated Depreciation | 23,050 | 24,202 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Florham Park [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 270 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,647 |  |  |
Building / Construction in Progress & Improvements | 34,906 |  |  |
Costs Subsequent to Acquisition / Construction | 15,658 |  |  |
Total Cost |  |  |  |
Land | 6,647 |  |  |
Building / Construction in Progress & Improvements | 50,564 |  |  |
Total | 57,211 |  |  |
Accumulated Depreciation | 24,531 |  |  |
Total Cost, Net of Accumulated Depreciation | 32,680 | 26,168 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Princeton [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 280 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 26,460 |  |  |
Building / Construction in Progress & Improvements | 68,070 |  |  |
Costs Subsequent to Acquisition / Construction | 635 |  |  |
Total Cost |  |  |  |
Land | 26,460 |  |  |
Building / Construction in Progress & Improvements | 68,705 |  |  |
Total | 95,165 |  |  |
Accumulated Depreciation | 5,009 |  |  |
Total Cost, Net of Accumulated Depreciation | 90,156 | 92,574 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Edgewater II [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 240 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,605 |  |  |
Building / Construction in Progress & Improvements | 58,479 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 8,605 |  |  |
Building / Construction in Progress & Improvements | 58,479 |  |  |
Total | 67,084 |  |  |
Accumulated Depreciation | 991 |  |  |
Total Cost, Net of Accumulated Depreciation | 66,093 | 37,302 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Towers [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 109 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 3,118 |  |  |
Building / Construction in Progress & Improvements | 11,973 |  |  |
Costs Subsequent to Acquisition / Construction | 26,217 |  |  |
Total Cost |  |  |  |
Land | 3,118 |  |  |
Building / Construction in Progress & Improvements | 38,190 |  |  |
Total | 41,308 |  |  |
Accumulated Depreciation | 17,722 |  |  |
Total Cost, Net of Accumulated Depreciation | 23,586 | 23,265 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Willow [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 229 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,207 |  |  |
Building / Construction in Progress & Improvements | 40,791 |  |  |
Costs Subsequent to Acquisition / Construction | 14,752 |  |  |
Total Cost |  |  |  |
Land | 6,207 |  |  |
Building / Construction in Progress & Improvements | 55,543 |  |  |
Total | 61,750 |  |  |
Accumulated Depreciation | 28,518 |  |  |
Total Cost, Net of Accumulated Depreciation | 33,232 | 29,584 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Willoughby Square [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 326 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 50,477 |  |  |
Building / Construction in Progress & Improvements | 133,728 |  |  |
Costs Subsequent to Acquisition / Construction | 20 |  |  |
Total Cost |  |  |  |
Land | 50,477 |  |  |
Building / Construction in Progress & Improvements | 133,748 |  |  |
Total | 184,225 |  |  |
Accumulated Depreciation | 11,810 |  |  |
Total Cost, Net of Accumulated Depreciation | 172,415 | 176,466 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Great Neck [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 191 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 14,777 |  |  |
Building / Construction in Progress & Improvements | 65,640 |  |  |
Costs Subsequent to Acquisition / Construction | 16 |  |  |
Total Cost |  |  |  |
Land | 14,777 |  |  |
Building / Construction in Progress & Improvements | 65,656 |  |  |
Total | 80,433 |  |  |
Accumulated Depreciation | 3,680 |  |  |
Total Cost, Net of Accumulated Depreciation | 76,753 | 78,304 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Midtown West [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 550 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 154,730 |  |  |
Building / Construction in Progress & Improvements | 180,253 |  |  |
Costs Subsequent to Acquisition / Construction | 38,625 |  |  |
Total Cost |  |  |  |
Land | 154,730 |  |  |
Building / Construction in Progress & Improvements | 218,878 |  |  |
Total | 373,608 |  |  |
Accumulated Depreciation | 48,129 |  |  |
Total Cost, Net of Accumulated Depreciation | 325,479 | 316,821 |  |
Encumbrances | $ 100,500 |  |  |
Current Communities | Archstone Lexington [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 222 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,540 |  |  |
Building / Construction in Progress & Improvements | 25,946 |  |  |
Costs Subsequent to Acquisition / Construction | 2,241 |  |  |
Total Cost |  |  |  |
Land | 4,540 |  |  |
Building / Construction in Progress & Improvements | 28,187 |  |  |
Total | 32,727 |  |  |
Accumulated Depreciation | 8,041 |  |  |
Total Cost, Net of Accumulated Depreciation | 24,686 | 25,676 |  |
Encumbrances | $ 21,700 |  |  |
Current Communities | Archstone Toscano |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 474 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 15,607 |  |  |
Building / Construction in Progress & Improvements | 74,541 |  |  |
Costs Subsequent to Acquisition / Construction | 5 |  |  |
Total Cost |  |  |  |
Land | 15,607 |  |  |
Building / Construction in Progress & Improvements | 74,546 |  |  |
Total | 90,153 |  |  |
Accumulated Depreciation | 13,580 |  |  |
Total Cost, Net of Accumulated Depreciation | 76,573 | 77,452 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Memorial Heights Villages |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 318 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,607 |  |  |
Building / Construction in Progress & Improvements | 52,753 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 9,607 |  |  |
Building / Construction in Progress & Improvements | 52,753 |  |  |
Total | 62,360 |  |  |
Accumulated Depreciation | 12,358 |  |  |
Total Cost, Net of Accumulated Depreciation | 50,002 | 47,539 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Fairfax City [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 141 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 2,152 |  |  |
Building / Construction in Progress & Improvements | 8,907 |  |  |
Costs Subsequent to Acquisition / Construction | 5,599 |  |  |
Total Cost |  |  |  |
Land | 2,152 |  |  |
Building / Construction in Progress & Improvements | 14,506 |  |  |
Total | 16,658 |  |  |
Accumulated Depreciation | 8,673 |  |  |
Total Cost, Net of Accumulated Depreciation | 7,985 | 8,358 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Arlington Square [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 842 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 22,041 |  |  |
Building / Construction in Progress & Improvements | 90,296 |  |  |
Costs Subsequent to Acquisition / Construction | 31,874 |  |  |
Total Cost |  |  |  |
Land | 22,041 |  |  |
Building / Construction in Progress & Improvements | 122,170 |  |  |
Total | 144,211 |  |  |
Accumulated Depreciation | 58,365 |  |  |
Total Cost, Net of Accumulated Depreciation | 85,846 | 89,833 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Dunn Loring [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 440 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 29,377 |  |  |
Building / Construction in Progress & Improvements | 114,072 |  |  |
Costs Subsequent to Acquisition / Construction | 9,427 |  |  |
Total Cost |  |  |  |
Land | 29,377 |  |  |
Building / Construction in Progress & Improvements | 123,499 |  |  |
Total | 152,876 |  |  |
Accumulated Depreciation | 11,758 |  |  |
Total Cost, Net of Accumulated Depreciation | 141,118 | 147,481 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Oakwood Arlington [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 184 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 18,850 |  |  |
Building / Construction in Progress & Improvements | 38,545 |  |  |
Costs Subsequent to Acquisition / Construction | 4,945 |  |  |
Total Cost |  |  |  |
Land | 18,850 |  |  |
Building / Construction in Progress & Improvements | 43,490 |  |  |
Total | 62,340 |  |  |
Accumulated Depreciation | 10,199 |  |  |
Total Cost, Net of Accumulated Depreciation | 52,141 | 51,839 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Esterra Park [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 482 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 22,668 |  |  |
Building / Construction in Progress & Improvements | 113,299 |  |  |
Costs Subsequent to Acquisition / Construction | 610 |  |  |
Total Cost |  |  |  |
Land | 22,668 |  |  |
Building / Construction in Progress & Improvements | 113,909 |  |  |
Total | 136,577 |  |  |
Accumulated Depreciation | 9,170 |  |  |
Total Cost, Net of Accumulated Depreciation | 127,407 | 130,451 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Newcastle Commons I [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 378 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,623 |  |  |
Building / Construction in Progress & Improvements | 110,963 |  |  |
Costs Subsequent to Acquisition / Construction | 287 |  |  |
Total Cost |  |  |  |
Land | 9,623 |  |  |
Building / Construction in Progress & Improvements | 111,250 |  |  |
Total | 120,873 |  |  |
Accumulated Depreciation | 5,898 |  |  |
Total Cost, Net of Accumulated Depreciation | 114,975 | 117,186 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Dogpatch [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 326 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 23,519 |  |  |
Building / Construction in Progress & Improvements | 179,121 |  |  |
Costs Subsequent to Acquisition / Construction | 171 |  |  |
Total Cost |  |  |  |
Land | 23,519 |  |  |
Building / Construction in Progress & Improvements | 179,292 |  |  |
Total | 202,811 |  |  |
Accumulated Depreciation | 6,400 |  |  |
Total Cost, Net of Accumulated Depreciation | 196,411 | 182,566 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA NoMa [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 438 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 25,246 |  |  |
Building / Construction in Progress & Improvements | 114,324 |  |  |
Costs Subsequent to Acquisition / Construction | 603 |  |  |
Total Cost |  |  |  |
Land | 25,246 |  |  |
Building / Construction in Progress & Improvements | 114,927 |  |  |
Total | 140,173 |  |  |
Accumulated Depreciation | 7,145 |  |  |
Total Cost, Net of Accumulated Depreciation | 133,028 | 135,867 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon North Station [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 503 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 22,791 |  |  |
Building / Construction in Progress & Improvements | 246,871 |  |  |
Costs Subsequent to Acquisition / Construction | 679 |  |  |
Total Cost |  |  |  |
Land | 22,791 |  |  |
Building / Construction in Progress & Improvements | 247,550 |  |  |
Total | 270,341 |  |  |
Accumulated Depreciation | 14,703 |  |  |
Total Cost, Net of Accumulated Depreciation | 255,638 | 262,410 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Easton [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 290 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 3,155 |  |  |
Building / Construction in Progress & Improvements | 60,599 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 3,155 |  |  |
Building / Construction in Progress & Improvements | 60,599 |  |  |
Total | 63,754 |  |  |
Accumulated Depreciation | 3,269 |  |  |
Total Cost, Net of Accumulated Depreciation | 60,485 | 61,556 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Wheaton [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 319 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,494 |  |  |
Building / Construction in Progress & Improvements | 68,712 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 6,494 |  |  |
Building / Construction in Progress & Improvements | 68,712 |  |  |
Total | 75,206 |  |  |
Accumulated Depreciation | 3,076 |  |  |
Total Cost, Net of Accumulated Depreciation | 72,130 | 70,188 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Maplewood |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 235 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 15,179 |  |  |
Building / Construction in Progress & Improvements | 49,322 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 15,179 |  |  |
Building / Construction in Progress & Improvements | 49,322 |  |  |
Total | 64,501 |  |  |
Accumulated Depreciation | 1,893 |  |  |
Total Cost, Net of Accumulated Depreciation | 62,608 | 61,202 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Brooklyn Bay |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 180 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 18,264 |  |  |
Building / Construction in Progress & Improvements | 74,582 |  |  |
Costs Subsequent to Acquisition / Construction | 250 |  |  |
Total Cost |  |  |  |
Land | 18,264 |  |  |
Building / Construction in Progress & Improvements | 74,832 |  |  |
Total | 93,096 |  |  |
Accumulated Depreciation | 4,189 |  |  |
Total Cost, Net of Accumulated Depreciation | 88,907 | 89,743 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Rockville Centre II [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 165 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 7,534 |  |  |
Building / Construction in Progress & Improvements | 50,963 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 7,534 |  |  |
Building / Construction in Progress & Improvements | 50,963 |  |  |
Total | 58,497 |  |  |
Accumulated Depreciation | 2,383 |  |  |
Total Cost, Net of Accumulated Depreciation | 56,114 | 56,382 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Somers [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 152 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 5,594 |  |  |
Building / Construction in Progress & Improvements | 40,310 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 5,594 |  |  |
Building / Construction in Progress & Improvements | 40,310 |  |  |
Total | 45,904 |  |  |
Accumulated Depreciation | 1,946 |  |  |
Total Cost, Net of Accumulated Depreciation | 43,958 | 41,784 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Studio City [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 276 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 15,756 |  |  |
Building / Construction in Progress & Improvements | 78,178 |  |  |
Costs Subsequent to Acquisition / Construction | 11,884 |  |  |
Total Cost |  |  |  |
Land | 15,756 |  |  |
Building / Construction in Progress & Improvements | 90,062 |  |  |
Total | 105,818 |  |  |
Accumulated Depreciation | 20,132 |  |  |
Total Cost, Net of Accumulated Depreciation | 85,686 | 82,573 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Seal Beach [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 549 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 46,790 |  |  |
Building / Construction in Progress & Improvements | 99,999 |  |  |
Costs Subsequent to Acquisition / Construction | 20,009 |  |  |
Total Cost |  |  |  |
Land | 46,790 |  |  |
Building / Construction in Progress & Improvements | 120,008 |  |  |
Total | 166,798 |  |  |
Accumulated Depreciation | 26,730 |  |  |
Total Cost, Net of Accumulated Depreciation | 140,068 | 129,515 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA Van Ness [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 269 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 22,890 |  |  |
Building / Construction in Progress & Improvements | 58,691 |  |  |
Costs Subsequent to Acquisition / Construction | 17,623 |  |  |
Total Cost |  |  |  |
Land | 22,890 |  |  |
Building / Construction in Progress & Improvements | 76,314 |  |  |
Total | 99,204 |  |  |
Accumulated Depreciation | 16,108 |  |  |
Total Cost, Net of Accumulated Depreciation | 83,096 | 77,168 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Prudential Center II [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 266 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,776 |  |  |
Building / Construction in Progress & Improvements | 35,496 |  |  |
Costs Subsequent to Acquisition / Construction | 59,168 |  |  |
Total Cost |  |  |  |
Land | 8,776 |  |  |
Building / Construction in Progress & Improvements | 94,664 |  |  |
Total | 103,440 |  |  |
Accumulated Depreciation | 35,845 |  |  |
Total Cost, Net of Accumulated Depreciation | 67,595 | 64,388 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at Prudential Center I [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 243 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,002 |  |  |
Building / Construction in Progress & Improvements | 32,370 |  |  |
Costs Subsequent to Acquisition / Construction | 47,717 |  |  |
Total Cost |  |  |  |
Land | 8,002 |  |  |
Building / Construction in Progress & Improvements | 80,087 |  |  |
Total | 88,089 |  |  |
Accumulated Depreciation | 31,427 |  |  |
Total Cost, Net of Accumulated Depreciation | 56,662 | 49,809 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Court [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 494 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,228 |  |  |
Building / Construction in Progress & Improvements | 50,063 |  |  |
Costs Subsequent to Acquisition / Construction | 14,475 |  |  |
Total Cost |  |  |  |
Land | 9,228 |  |  |
Building / Construction in Progress & Improvements | 64,538 |  |  |
Total | 73,766 |  |  |
Accumulated Depreciation | 37,666 |  |  |
Total Cost, Net of Accumulated Depreciation | 36,100 | 30,881 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Fairfax Towers [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 415 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 17,889 |  |  |
Building / Construction in Progress & Improvements | 74,727 |  |  |
Costs Subsequent to Acquisition / Construction | 8,473 |  |  |
Total Cost |  |  |  |
Land | 17,889 |  |  |
Building / Construction in Progress & Improvements | 83,200 |  |  |
Total | 101,089 |  |  |
Accumulated Depreciation | 21,368 |  |  |
Total Cost, Net of Accumulated Depreciation | 79,721 | 78,629 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon Ballston Square [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 714 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 71,640 |  |  |
Building / Construction in Progress & Improvements | 215,937 |  |  |
Costs Subsequent to Acquisition / Construction | 25,959 |  |  |
Total Cost |  |  |  |
Land | 71,640 |  |  |
Building / Construction in Progress & Improvements | 241,896 |  |  |
Total | 313,536 |  |  |
Accumulated Depreciation | 55,469 |  |  |
Total Cost, Net of Accumulated Depreciation | 258,067 | 256,699 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Eaves Redmond Campus [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 422 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 22,580 |  |  |
Building / Construction in Progress & Improvements | 88,001 |  |  |
Costs Subsequent to Acquisition / Construction | 21,638 |  |  |
Total Cost |  |  |  |
Land | 22,580 |  |  |
Building / Construction in Progress & Improvements | 109,639 |  |  |
Total | 132,219 |  |  |
Accumulated Depreciation | 25,077 |  |  |
Total Cost, Net of Accumulated Depreciation | 107,142 | 99,751 |  |
Encumbrances | $ 0 |  |  |
Boston, MA |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 6,331 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 227,694 |  |  |
Building / Construction in Progress & Improvements | 1,195,982 |  |  |
Costs Subsequent to Acquisition / Construction | 139,908 |  |  |
Total Cost |  |  |  |
Land | 227,694 |  |  |
Building / Construction in Progress & Improvements | 1,335,890 |  |  |
Total | 1,563,584 |  |  |
Accumulated Depreciation | 364,670 |  |  |
Total Cost, Net of Accumulated Depreciation | 1,198,914 | 1,231,885 |  |
Encumbrances | $ 92,637 |  |  |
Fairfield, CT |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 1,970 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 72,283 |  |  |
Building / Construction in Progress & Improvements | 343,415 |  |  |
Costs Subsequent to Acquisition / Construction | 34,876 |  |  |
Total Cost |  |  |  |
Land | 72,283 |  |  |
Building / Construction in Progress & Improvements | 378,291 |  |  |
Total | 450,574 |  |  |
Accumulated Depreciation | 152,255 |  |  |
Total Cost, Net of Accumulated Depreciation | 298,319 | 309,241 |  |
Encumbrances | $ 0 |  |  |
New England |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 8,301 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 299,977 |  |  |
Building / Construction in Progress & Improvements | 1,539,397 |  |  |
Costs Subsequent to Acquisition / Construction | 174,784 |  |  |
Total Cost |  |  |  |
Land | 299,977 |  |  |
Building / Construction in Progress & Improvements | 1,714,181 |  |  |
Total | 2,014,158 |  |  |
Accumulated Depreciation | 516,925 |  |  |
Total Cost, Net of Accumulated Depreciation | 1,497,233 | 1,541,126 |  |
Encumbrances | $ 92,637 |  |  |
New York City, NY |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 2,732 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 315,947 |  |  |
Building / Construction in Progress & Improvements | 877,593 |  |  |
Costs Subsequent to Acquisition / Construction | 47,493 |  |  |
Total Cost |  |  |  |
Land | 315,947 |  |  |
Building / Construction in Progress & Improvements | 925,086 |  |  |
Total | 1,241,033 |  |  |
Accumulated Depreciation | 258,497 |  |  |
Total Cost, Net of Accumulated Depreciation | 982,536 | 1,011,774 |  |
Encumbrances | $ 268,500 |  |  |
New York - Suburban |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 3,233 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 216,305 |  |  |
Building / Construction in Progress & Improvements | 657,319 |  |  |
Costs Subsequent to Acquisition / Construction | 46,252 |  |  |
Total Cost |  |  |  |
Land | 216,305 |  |  |
Building / Construction in Progress & Improvements | 703,571 |  |  |
Total | 919,876 |  |  |
Accumulated Depreciation | 233,382 |  |  |
Total Cost, Net of Accumulated Depreciation | 686,494 | 707,846 |  |
Encumbrances | $ 77,295 |  |  |
New Jersey |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 4,424 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 164,264 |  |  |
Building / Construction in Progress & Improvements | 691,840 |  |  |
Costs Subsequent to Acquisition / Construction | 69,120 |  |  |
Total Cost |  |  |  |
Land | 164,264 |  |  |
Building / Construction in Progress & Improvements | 760,960 |  |  |
Total | 925,224 |  |  |
Accumulated Depreciation | 232,619 |  |  |
Total Cost, Net of Accumulated Depreciation | 692,605 | 715,960 |  |
Encumbrances | $ 67,904 |  |  |
Metro NY/NJ |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 10,389 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 696,516 |  |  |
Building / Construction in Progress & Improvements | 2,226,752 |  |  |
Costs Subsequent to Acquisition / Construction | 162,865 |  |  |
Total Cost |  |  |  |
Land | 696,516 |  |  |
Building / Construction in Progress & Improvements | 2,389,617 |  |  |
Total | 3,086,133 |  |  |
Accumulated Depreciation | 724,498 |  |  |
Total Cost, Net of Accumulated Depreciation | 2,361,635 | 2,435,580 |  |
Encumbrances | $ 413,699 |  |  |
Mid-Atlantic |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 9,274 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 529,261 |  |  |
Building / Construction in Progress & Improvements | 1,546,726 |  |  |
Costs Subsequent to Acquisition / Construction | 150,328 |  |  |
Total Cost |  |  |  |
Land | 529,261 |  |  |
Building / Construction in Progress & Improvements | 1,697,054 |  |  |
Total | 2,226,315 |  |  |
Accumulated Depreciation | 518,906 |  |  |
Total Cost, Net of Accumulated Depreciation | 1,707,409 | 1,760,440 |  |
Encumbrances | $ 99,285 |  |  |
Pacific Northwest |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 3,256 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 121,685 |  |  |
Building / Construction in Progress & Improvements | 570,625 |  |  |
Costs Subsequent to Acquisition / Construction | 35,342 |  |  |
Total Cost |  |  |  |
Land | 121,685 |  |  |
Building / Construction in Progress & Improvements | 605,967 |  |  |
Total | 727,652 |  |  |
Accumulated Depreciation | 203,721 |  |  |
Total Cost, Net of Accumulated Depreciation | 523,931 | 543,691 |  |
Encumbrances | $ 0 |  |  |
San Jose, CA |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 4,197 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 281,386 |  |  |
Building / Construction in Progress & Improvements | 661,253 |  |  |
Costs Subsequent to Acquisition / Construction | 124,541 |  |  |
Total Cost |  |  |  |
Land | 281,386 |  |  |
Building / Construction in Progress & Improvements | 785,794 |  |  |
Total | 1,067,180 |  |  |
Accumulated Depreciation | 332,016 |  |  |
Total Cost, Net of Accumulated Depreciation | 735,164 | 761,192 |  |
Encumbrances | $ 38,800 |  |  |
Oakland - East Bay, CA |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 3,252 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 106,827 |  |  |
Building / Construction in Progress & Improvements | 658,474 |  |  |
Costs Subsequent to Acquisition / Construction | 74,203 |  |  |
Total Cost |  |  |  |
Land | 106,827 |  |  |
Building / Construction in Progress & Improvements | 732,677 |  |  |
Total | 839,504 |  |  |
Accumulated Depreciation | 242,747 |  |  |
Total Cost, Net of Accumulated Depreciation | 596,757 | 619,351 |  |
Encumbrances | $ 3,699 |  |  |
San Francisco, CA |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 3,349 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 216,871 |  |  |
Building / Construction in Progress & Improvements | 748,394 |  |  |
Costs Subsequent to Acquisition / Construction | 114,119 |  |  |
Total Cost |  |  |  |
Land | 216,871 |  |  |
Building / Construction in Progress & Improvements | 862,513 |  |  |
Total | 1,079,384 |  |  |
Accumulated Depreciation | 312,898 |  |  |
Total Cost, Net of Accumulated Depreciation | 766,486 | 789,297 |  |
Encumbrances | $ 183,939 |  |  |
Northern California |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 10,798 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 605,084 |  |  |
Building / Construction in Progress & Improvements | 2,068,121 |  |  |
Costs Subsequent to Acquisition / Construction | 312,863 |  |  |
Total Cost |  |  |  |
Land | 605,084 |  |  |
Building / Construction in Progress & Improvements | 2,380,984 |  |  |
Total | 2,986,068 |  |  |
Accumulated Depreciation | 887,661 |  |  |
Total Cost, Net of Accumulated Depreciation | 2,098,407 | 2,169,840 |  |
Encumbrances | $ 226,438 |  |  |
Los Angeles, CA |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 8,374 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 502,859 |  |  |
Building / Construction in Progress & Improvements | 1,343,346 |  |  |
Costs Subsequent to Acquisition / Construction | 224,230 |  |  |
Total Cost |  |  |  |
Land | 502,859 |  |  |
Building / Construction in Progress & Improvements | 1,567,576 |  |  |
Total | 2,070,435 |  |  |
Accumulated Depreciation | 492,048 |  |  |
Total Cost, Net of Accumulated Depreciation | 1,578,387 | 1,627,123 |  |
Encumbrances | $ 111,500 |  |  |
Orange County, CA |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 2,443 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 81,443 |  |  |
Building / Construction in Progress & Improvements | 337,732 |  |  |
Costs Subsequent to Acquisition / Construction | 54,698 |  |  |
Total Cost |  |  |  |
Land | 81,443 |  |  |
Building / Construction in Progress & Improvements | 392,430 |  |  |
Total | 473,873 |  |  |
Accumulated Depreciation | 127,177 |  |  |
Total Cost, Net of Accumulated Depreciation | 346,696 | 358,250 |  |
Encumbrances | $ 7,635 |  |  |
San Diego, CA |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 2,066 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 64,308 |  |  |
Building / Construction in Progress & Improvements | 211,670 |  |  |
Costs Subsequent to Acquisition / Construction | 101,330 |  |  |
Total Cost |  |  |  |
Land | 64,308 |  |  |
Building / Construction in Progress & Improvements | 313,000 |  |  |
Total | 377,308 |  |  |
Accumulated Depreciation | 121,122 |  |  |
Total Cost, Net of Accumulated Depreciation | 256,186 | 265,247 |  |
Encumbrances | $ 0 |  |  |
Southern California |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 12,883 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 648,610 |  |  |
Building / Construction in Progress & Improvements | 1,892,748 |  |  |
Costs Subsequent to Acquisition / Construction | 380,258 |  |  |
Total Cost |  |  |  |
Land | 648,610 |  |  |
Building / Construction in Progress & Improvements | 2,273,006 |  |  |
Total | 2,921,616 |  |  |
Accumulated Depreciation | 740,347 |  |  |
Total Cost, Net of Accumulated Depreciation | 2,181,269 | 2,250,620 |  |
Encumbrances | $ 119,135 |  |  |
Established Communities |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 54,901 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 2,901,133 |  |  |
Building / Construction in Progress & Improvements | 9,844,369 |  |  |
Costs Subsequent to Acquisition / Construction | 1,216,440 |  |  |
Total Cost |  |  |  |
Land | 2,901,133 |  |  |
Building / Construction in Progress & Improvements | 11,060,809 |  |  |
Total | 13,961,942 |  |  |
Accumulated Depreciation | 3,592,058 |  |  |
Total Cost, Net of Accumulated Depreciation | 10,369,884 | 10,701,297 |  |
Encumbrances | $ 951,194 |  |  |
Lease-Up Communities |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 2,608 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 127,776 |  |  |
Building / Construction in Progress & Improvements | 884,804 |  |  |
Costs Subsequent to Acquisition / Construction | 1,703 |  |  |
Total Cost |  |  |  |
Land | 127,776 |  |  |
Building / Construction in Progress & Improvements | 886,507 |  |  |
Total | 1,014,283 |  |  |
Accumulated Depreciation | 45,004 |  |  |
Total Cost, Net of Accumulated Depreciation | 969,279 | 961,698 |  |
Encumbrances | $ 0 |  |  |
Redevelopment Communities |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 3,648 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 223,551 |  |  |
Building / Construction in Progress & Improvements | 733,462 |  |  |
Costs Subsequent to Acquisition / Construction | 226,946 |  |  |
Total Cost |  |  |  |
Land | 223,551 |  |  |
Building / Construction in Progress & Improvements | 960,408 |  |  |
Total | 1,183,959 |  |  |
Accumulated Depreciation | 269,822 |  |  |
Total Cost, Net of Accumulated Depreciation | 914,137 | 869,413 |  |
Encumbrances | $ 0 |  |  |
Other Stabilized Communities |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 13,733 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 815,575 |  |  |
Building / Construction in Progress & Improvements | 2,932,764 |  |  |
Costs Subsequent to Acquisition / Construction | 444,470 |  |  |
Total Cost |  |  |  |
Land | 815,575 |  |  |
Building / Construction in Progress & Improvements | 3,377,234 |  |  |
Total | 4,192,809 |  |  |
Accumulated Depreciation | 649,168 |  |  |
Total Cost, Net of Accumulated Depreciation | 3,543,641 | 3,175,017 |  |
Encumbrances | $ 201,161 |  |  |
Development Communities |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 6,609 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 20,093 |  |  |
Building / Construction in Progress & Improvements | 129,582 |  |  |
Costs Subsequent to Acquisition / Construction | 1,652,015 |  |  |
Total Cost |  |  |  |
Land | 20,093 |  |  |
Building / Construction in Progress & Improvements | 1,781,597 |  |  |
Total | 1,801,690 |  |  |
Accumulated Depreciation | 1,428 |  |  |
Total Cost, Net of Accumulated Depreciation | 1,800,262 | 953,129 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Public Market [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 289 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 3,995 |  |  |
Costs Subsequent to Acquisition / Construction | 110,229 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 114,224 |  |  |
Total | 114,224 |  |  |
Accumulated Depreciation | 90 |  |  |
Total Cost, Net of Accumulated Depreciation | 114,134 | 55,872 |  |
Encumbrances | $ 0 |  |  |
Development Communities | AVA Hollywood [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 695 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 1,157 |  |  |
Costs Subsequent to Acquisition / Construction | 220,298 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 221,455 |  |  |
Total | 221,455 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 221,455 | 169,007 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Walnut Creek II [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 200 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 88 |  |  |
Costs Subsequent to Acquisition / Construction | 32,168 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 32,256 |  |  |
Total | 32,256 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 32,256 | 8,812 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Doral [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 350 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 0 |  |  |
Costs Subsequent to Acquisition / Construction | 35,154 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 35,154 |  |  |
Total | 35,154 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 35,154 |  |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon at the Hingham Shipyard II [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 190 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 6,166 |  |  |
Building / Construction in Progress & Improvements | 37,960 |  |  |
Costs Subsequent to Acquisition / Construction | 15,309 |  |  |
Total Cost |  |  |  |
Land | 6,166 |  |  |
Building / Construction in Progress & Improvements | 53,269 |  |  |
Total | 59,435 |  |  |
Accumulated Depreciation | 291 |  |  |
Total Cost, Net of Accumulated Depreciation | 59,144 | 23,792 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Sudbury [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 250 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 12,525 |  |  |
Building / Construction in Progress & Improvements | 44,666 |  |  |
Costs Subsequent to Acquisition / Construction | 22,053 |  |  |
Total Cost |  |  |  |
Land | 12,525 |  |  |
Building / Construction in Progress & Improvements | 66,719 |  |  |
Total | 79,244 |  |  |
Accumulated Depreciation | 602 |  |  |
Total Cost, Net of Accumulated Depreciation | 78,642 | 33,595 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Saugus [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 280 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 59 |  |  |
Costs Subsequent to Acquisition / Construction | 52,630 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 52,689 |  |  |
Total | 52,689 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 52,689 |  |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Norwood [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 198 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 0 |  |  |
Costs Subsequent to Acquisition / Construction | 21,641 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 21,641 |  |  |
Total | 21,641 |  |  |
Accumulated Depreciation | 59 |  |  |
Total Cost, Net of Accumulated Depreciation | 21,582 |  |  |
Encumbrances | $ 0 |  |  |
Development Communities | Twinbrook Station [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 238 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 0 |  |  |
Costs Subsequent to Acquisition / Construction | 15,844 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 15,844 |  |  |
Total | 15,844 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 15,844 | 14,072 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Towson [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 371 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 16 |  |  |
Costs Subsequent to Acquisition / Construction | 42,670 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 42,686 |  |  |
Total | 42,686 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 42,686 | 3,985 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Harbor East [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 400 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 63 |  |  |
Costs Subsequent to Acquisition / Construction | 28,038 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 28,101 |  |  |
Total | 28,101 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 28,101 |  |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Boonton [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 350 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 1,254 |  |  |
Costs Subsequent to Acquisition / Construction | 71,648 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 72,902 |  |  |
Total | 72,902 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 72,902 | 29,954 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Teaneck [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 248 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 189 |  |  |
Costs Subsequent to Acquisition / Construction | 43,319 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 43,508 |  |  |
Total | 43,508 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 43,508 | 18,609 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Piscataway [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 360 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 1,402 |  |  |
Building / Construction in Progress & Improvements | 34,406 |  |  |
Costs Subsequent to Acquisition / Construction | 40,326 |  |  |
Total Cost |  |  |  |
Land | 1,402 |  |  |
Building / Construction in Progress & Improvements | 74,732 |  |  |
Total | 76,134 |  |  |
Accumulated Depreciation | 386 |  |  |
Total Cost, Net of Accumulated Depreciation | 75,748 | 28,303 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Old Bridge [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 252 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 0 |  |  |
Costs Subsequent to Acquisition / Construction | 11,573 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 11,573 |  |  |
Total | 11,573 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 11,573 |  |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Yonkers [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 590 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 303 |  |  |
Costs Subsequent to Acquisition / Construction | 88,903 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 89,206 |  |  |
Total | 89,206 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 89,206 | 23,300 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Harrison [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 143 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 0 |  |  |
Costs Subsequent to Acquisition / Construction | 5,504 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 5,504 |  |  |
Total | 5,504 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 5,504 |  |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Belltown Towers [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 273 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 1,536 |  |  |
Costs Subsequent to Acquisition / Construction | 115,897 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 117,433 |  |  |
Total | 117,433 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 117,433 | 50,636 |  |
Encumbrances | $ 0 |  |  |
Development Communities | AVA Esterra Park [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 323 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 1,220 |  |  |
Costs Subsequent to Acquisition / Construction | 74,532 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 75,752 |  |  |
Total | 75,752 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 75,752 | 37,048 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Newcastle Commons II [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 293 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 0 |  |  |
Costs Subsequent to Acquisition / Construction | 22,384 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 22,384 |  |  |
Total | 22,384 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 22,384 |  |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon North Creek [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 316 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 151 |  |  |
Costs Subsequent to Acquisition / Construction | 37,907 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 38,058 |  |  |
Total | 38,058 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 38,058 | 15,432 |  |
Encumbrances | 0 |  |  |
Development Communities | 15 West 61st Street [Member] |  |  |  |
Initial Cost |  |  |  |
Land and improvements | 0 |  |  |
Building / Construction in Progress & Improvements | 2,519 |  |  |
Costs Subsequent to Acquisition / Construction | 543,988 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 546,507 |  |  |
Total | 546,507 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 546,507 | 440,712 |  |
Encumbrances | $ 0 |  |  |
Number of residential units in development | home | 172 |  |  |
Retail square feet development | ft² | 67 |  |  |
Land Held for Development |  |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 84,712 |  |  |
Total Cost |  |  |  |
Land | 84,712 |  |  |
Total | 84,712 |  |  |
Total Cost, Net of Accumulated Depreciation | 84,712 | 68,364 |  |
Corporate overhead |  |  |  |
Initial Cost |  |  |  |
Land and improvements | 10,879 |  |  |
Building / Construction in Progress & Improvements | 11,414 |  |  |
Costs Subsequent to Acquisition / Construction | 80,888 |  |  |
Total Cost |  |  |  |
Land | 10,879 |  |  |
Building / Construction in Progress & Improvements | 92,302 |  |  |
Total | 103,181 |  |  |
Accumulated Depreciation | 54,166 |  |  |
Total Cost, Net of Accumulated Depreciation | 49,015 | 43,073 |  |
Encumbrances | $ 5,950,000 |  |  |
2018 Disposals |  |  |  |
Total Cost |  |  |  |
Total Cost, Net of Accumulated Depreciation |  | $ 945,566 |  |

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