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REAL ESTATE AND ACCUMULATED DEPRECIATION (Details) ft² in Thousands, $ in Thousands | Dec. 31, 2020 USD ($) home ft² residential_condominium | Dec. 31, 2019 USD ($) | Dec. 31, 2018 USD ($) | Dec. 31, 2017 USD ($)
--- | --- | --- | --- | ---
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 82,103 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,642,330 |  |  |
Building / Construction in Progress & Improvements | 16,221,983 |  |  |
Costs Subsequent to Acquisition / Construction | 3,097,909 |  |  |
Total Cost |  |  |  |
Land | 4,642,330 |  |  |
Building / Construction in Progress & Improvements | 19,319,892 |  |  |
Total | 23,962,222 | $ 23,606,872 | $ 22,342,576 | $ 21,935,936
Accumulated Depreciation | 5,728,440 | 5,173,883 | $ 4,611,646 | $ 4,218,379
Total Cost, Net of Accumulated Depreciation | 18,233,782 | 18,432,989 |  |
Encumbrances | $ 7,629,814 |  |  |
The Park Loggia [Member] |  |  |  |
Total Cost |  |  |  |
Number of residential units in development | residential_condominium | 172 |  |  |
Retail square feet development | ft² | 66 |  |  |
Current Communities |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 76,975 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 4,204,414 |  |  |
Building / Construction in Progress & Improvements | 15,449,619 |  |  |
Costs Subsequent to Acquisition / Construction | 2,171,634 |  |  |
Total Cost |  |  |  |
Land | 4,204,414 |  |  |
Building / Construction in Progress & Improvements | 17,621,253 |  |  |
Total | 21,825,667 |  |  |
Accumulated Depreciation | 5,658,853 |  |  |
Total Cost, Net of Accumulated Depreciation | 16,166,814 | 16,582,216 |  |
Encumbrances | $ 879,814 |  |  |
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 | 13,086 |  |  |
Total Cost |  |  |  |
Land | 2,124 |  |  |
Building / Construction in Progress & Improvements | 25,653 |  |  |
Total | 27,777 |  |  |
Accumulated Depreciation | 17,145 |  |  |
Total Cost, Net of Accumulated Depreciation | 10,632 | 10,379 |  |
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 | 7,097 |  |  |
Total Cost |  |  |  |
Land | 2,129 |  |  |
Building / Construction in Progress & Improvements | 24,664 |  |  |
Total | 26,793 |  |  |
Accumulated Depreciation | 16,793 |  |  |
Total Cost, Net of Accumulated Depreciation | 10,000 | 10,505 |  |
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 | 12,135 |  |  |
Total Cost |  |  |  |
Land | 1,743 |  |  |
Building / Construction in Progress & Improvements | 26,797 |  |  |
Total | 28,540 |  |  |
Accumulated Depreciation | 17,533 |  |  |
Total Cost, Net of Accumulated Depreciation | 11,007 | 11,313 |  |
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 | 2,281 |  |  |
Total Cost |  |  |  |
Land | 3,318 |  |  |
Building / Construction in Progress & Improvements | 15,746 |  |  |
Total | 19,064 |  |  |
Accumulated Depreciation | 9,971 |  |  |
Total Cost, Net of Accumulated Depreciation | 9,093 | 9,471 |  |
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 | $ 10,905 |  |  |
Building / Construction in Progress & Improvements | 45,547 |  |  |
Costs Subsequent to Acquisition / Construction | 17,181 |  |  |
Total Cost |  |  |  |
Land | 10,905 |  |  |
Building / Construction in Progress & Improvements | 62,728 |  |  |
Total | 73,633 |  |  |
Accumulated Depreciation | 33,615 |  |  |
Total Cost, Net of Accumulated Depreciation | 40,018 | 42,916 |  |
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 | 4,211 |  |  |
Total Cost |  |  |  |
Land | 6,876 |  |  |
Building / Construction in Progress & Improvements | 34,612 |  |  |
Total | 41,488 |  |  |
Accumulated Depreciation | 15,261 |  |  |
Total Cost, Net of Accumulated Depreciation | 26,227 | 26,568 |  |
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 | 15,548 |  |  |
Total Cost |  |  |  |
Land | 4,645 |  |  |
Building / Construction in Progress & Improvements | 34,467 |  |  |
Total | 39,112 |  |  |
Accumulated Depreciation | 17,409 |  |  |
Total Cost, Net of Accumulated Depreciation | 21,703 | 22,478 |  |
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 | 5,337 |  |  |
Total Cost |  |  |  |
Land | 4,258 |  |  |
Building / Construction in Progress & Improvements | 25,888 |  |  |
Total | 30,146 |  |  |
Accumulated Depreciation | 12,523 |  |  |
Total Cost, Net of Accumulated Depreciation | 17,623 | 17,853 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon at 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 | 12,756 |  |  |
Total Cost |  |  |  |
Land | 14,572 |  |  |
Building / Construction in Progress & Improvements | 58,667 |  |  |
Total | 73,239 |  |  |
Accumulated Depreciation | 26,740 |  |  |
Total Cost, Net of Accumulated Depreciation | 46,499 | 48,521 |  |
Encumbrances | $ 36,399 |  |  |
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 | 14,396 |  |  |
Total Cost |  |  |  |
Land | 8,691 |  |  |
Building / Construction in Progress & Improvements | 93,517 |  |  |
Total | 102,208 |  |  |
Accumulated Depreciation | 41,062 |  |  |
Total Cost, Net of Accumulated Depreciation | 61,146 | 65,554 |  |
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 | 6,554 |  |  |
Total Cost |  |  |  |
Land | 13,124 |  |  |
Building / Construction in Progress & Improvements | 55,249 |  |  |
Total | 68,373 |  |  |
Accumulated Depreciation | 23,793 |  |  |
Total Cost, Net of Accumulated Depreciation | 44,580 | 45,774 |  |
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 | 10,189 |  |  |
Total Cost |  |  |  |
Land | 12,218 |  |  |
Building / Construction in Progress & Improvements | 51,845 |  |  |
Total | 64,063 |  |  |
Accumulated Depreciation | 21,037 |  |  |
Total Cost, Net of Accumulated Depreciation | 43,026 | 44,584 |  |
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 | 5,498 |  |  |
Total Cost |  |  |  |
Land | 4,719 |  |  |
Building / Construction in Progress & Improvements | 30,976 |  |  |
Total | 35,695 |  |  |
Accumulated Depreciation | 13,090 |  |  |
Total Cost, Net of Accumulated Depreciation | 22,605 | 24,150 |  |
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 | 4,937 |  |  |
Total Cost |  |  |  |
Land | 8,144 |  |  |
Building / Construction in Progress & Improvements | 57,121 |  |  |
Total | 65,265 |  |  |
Accumulated Depreciation | 21,532 |  |  |
Total Cost, Net of Accumulated Depreciation | 43,733 | 44,632 |  |
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 | $ 0 |  |  |
Building / Construction in Progress & Improvements | 110,028 |  |  |
Costs Subsequent to Acquisition / Construction | 587 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 110,615 |  |  |
Total | 110,615 |  |  |
Accumulated Depreciation | 25,549 |  |  |
Total Cost, Net of Accumulated Depreciation | 85,066 | 88,811 |  |
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 | 931 |  |  |
Total Cost |  |  |  |
Land | 15,645 |  |  |
Building / Construction in Progress & Improvements | 65,776 |  |  |
Total | 81,421 |  |  |
Accumulated Depreciation | 17,499 |  |  |
Total Cost, Net of Accumulated Depreciation | 63,922 | 65,755 |  |
Encumbrances | $ 0 |  |  |
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 | 610 |  |  |
Total Cost |  |  |  |
Land | 8,599 |  |  |
Building / Construction in Progress & Improvements | 53,064 |  |  |
Total | 61,663 |  |  |
Accumulated Depreciation | 12,462 |  |  |
Total Cost, Net of Accumulated Depreciation | 49,201 | 50,793 |  |
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 | $ 10,944 |  |  |
Building / Construction in Progress & Improvements | 56,460 |  |  |
Costs Subsequent to Acquisition / Construction | 516 |  |  |
Total Cost |  |  |  |
Land | 10,944 |  |  |
Building / Construction in Progress & Improvements | 56,976 |  |  |
Total | 67,920 |  |  |
Accumulated Depreciation | 12,370 |  |  |
Total Cost, Net of Accumulated Depreciation | 55,550 | 57,350 |  |
Encumbrances | $ 0 |  |  |
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 | 51,869 |  |  |
Total Cost |  |  |  |
Land | 9,034 |  |  |
Building / Construction in Progress & Improvements | 88,409 |  |  |
Total | 97,443 |  |  |
Accumulated Depreciation | 43,310 |  |  |
Total Cost, Net of Accumulated Depreciation | 54,133 | 56,613 |  |
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 | 63,118 |  |  |
Total Cost |  |  |  |
Land | 8,776 |  |  |
Building / Construction in Progress & Improvements | 98,614 |  |  |
Total | 107,390 |  |  |
Accumulated Depreciation | 42,832 |  |  |
Total Cost, Net of Accumulated Depreciation | 64,558 | 66,259 |  |
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 | 53,105 |  |  |
Total Cost |  |  |  |
Land | 8,002 |  |  |
Building / Construction in Progress & Improvements | 85,475 |  |  |
Total | 93,477 |  |  |
Accumulated Depreciation | 37,266 |  |  |
Total Cost, Net of Accumulated Depreciation | 56,211 | 58,745 |  |
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 | 7,663 |  |  |
Total Cost |  |  |  |
Land | 7,714 |  |  |
Building / Construction in Progress & Improvements | 40,162 |  |  |
Total | 47,876 |  |  |
Accumulated Depreciation | 11,251 |  |  |
Total Cost, Net of Accumulated Depreciation | 36,625 | 37,640 |  |
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 | 341 |  |  |
Total Cost |  |  |  |
Land | 17,072 |  |  |
Building / Construction in Progress & Improvements | 163,974 |  |  |
Total | 181,046 |  |  |
Accumulated Depreciation | 30,786 |  |  |
Total Cost, Net of Accumulated Depreciation | 150,260 | 155,934 |  |
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 | 17,159 |  |  |
Total Cost |  |  |  |
Land | 15,600 |  |  |
Building / Construction in Progress & Improvements | 77,808 |  |  |
Total | 93,408 |  |  |
Accumulated Depreciation | 22,048 |  |  |
Total Cost, Net of Accumulated Depreciation | 71,360 | 74,002 |  |
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 | 641 |  |  |
Total Cost |  |  |  |
Land | 15,367 |  |  |
Building / Construction in Progress & Improvements | 61,038 |  |  |
Total | 76,405 |  |  |
Accumulated Depreciation | 12,057 |  |  |
Total Cost, Net of Accumulated Depreciation | 64,348 | 66,420 |  |
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 | $ 22,796 |  |  |
Building / Construction in Progress & Improvements | 247,270 |  |  |
Costs Subsequent to Acquisition / Construction | 777 |  |  |
Total Cost |  |  |  |
Land | 22,796 |  |  |
Building / Construction in Progress & Improvements | 248,047 |  |  |
Total | 270,843 |  |  |
Accumulated Depreciation | 32,110 |  |  |
Total Cost, Net of Accumulated Depreciation | 238,733 | 247,196 |  |
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 | 6,511 |  |  |
Total Cost, Net of Accumulated Depreciation | 37,448 | 38,701 |  |
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 | $ 14,694 |  |  |
Building / Construction in Progress & Improvements | 79,655 |  |  |
Costs Subsequent to Acquisition / Construction | 14 |  |  |
Total Cost |  |  |  |
Land | 14,694 |  |  |
Building / Construction in Progress & Improvements | 79,669 |  |  |
Total | 94,363 |  |  |
Accumulated Depreciation | 11,728 |  |  |
Total Cost, Net of Accumulated Depreciation | 82,635 | 84,923 |  |
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 | 29,528 |  |  |
Total Cost |  |  |  |
Land | 27,350 |  |  |
Building / Construction in Progress & Improvements | 123,696 |  |  |
Total | 151,046 |  |  |
Accumulated Depreciation | 37,513 |  |  |
Total Cost, Net of Accumulated Depreciation | 113,533 | 117,841 |  |
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 | 19,569 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 46,385 |  |  |
Total | 46,385 |  |  |
Accumulated Depreciation | 30,843 |  |  |
Total Cost, Net of Accumulated Depreciation | 15,542 | 16,512 |  |
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 | 7,411 |  |  |
Total Cost |  |  |  |
Land | 2,116 |  |  |
Building / Construction in Progress & Improvements | 22,075 |  |  |
Total | 24,191 |  |  |
Accumulated Depreciation | 14,686 |  |  |
Total Cost, Net of Accumulated Depreciation | 9,505 | 10,193 |  |
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 | 6,710 |  |  |
Total Cost |  |  |  |
Land | 4,834 |  |  |
Building / Construction in Progress & Improvements | 29,700 |  |  |
Total | 34,534 |  |  |
Accumulated Depreciation | 16,734 |  |  |
Total Cost, Net of Accumulated Depreciation | 17,800 | 18,780 |  |
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 | 9,401 |  |  |
Total Cost |  |  |  |
Land | 6,926 |  |  |
Building / Construction in Progress & Improvements | 43,959 |  |  |
Total | 50,885 |  |  |
Accumulated Depreciation | 23,024 |  |  |
Total Cost, Net of Accumulated Depreciation | 27,861 | 29,263 |  |
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 | 1,762 |  |  |
Total Cost |  |  |  |
Land | 11,320 |  |  |
Building / Construction in Progress & Improvements | 64,666 |  |  |
Total | 75,986 |  |  |
Accumulated Depreciation | 22,877 |  |  |
Total Cost, Net of Accumulated Depreciation | 53,109 | 54,892 |  |
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 | 486 |  |  |
Total Cost |  |  |  |
Land | 10,395 |  |  |
Building / Construction in Progress & Improvements | 36,937 |  |  |
Total | 47,332 |  |  |
Accumulated Depreciation | 9,840 |  |  |
Total Cost, Net of Accumulated Depreciation | 37,492 | 38,771 |  |
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 | 12,153 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 106,214 |  |  |
Total | 106,214 |  |  |
Accumulated Depreciation | 66,956 |  |  |
Total Cost, Net of Accumulated Depreciation | 39,258 | 42,922 |  |
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 | 15,704 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 181,658 |  |  |
Total | 181,658 |  |  |
Accumulated Depreciation | 78,907 |  |  |
Total Cost, Net of Accumulated Depreciation | 102,751 | 108,866 |  |
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 | 7,957 |  |  |
Total Cost |  |  |  |
Land | 83,038 |  |  |
Building / Construction in Progress & Improvements | 224,759 |  |  |
Total | 307,797 |  |  |
Accumulated Depreciation | 80,404 |  |  |
Total Cost, Net of Accumulated Depreciation | 227,393 | 230,971 |  |
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 | $ 76,127 |  |  |
Building / Construction in Progress & Improvements | 206,955 |  |  |
Costs Subsequent to Acquisition / Construction | 184 |  |  |
Total Cost |  |  |  |
Land | 76,127 |  |  |
Building / Construction in Progress & Improvements | 207,139 |  |  |
Total | 283,266 |  |  |
Accumulated Depreciation | 34,745 |  |  |
Total Cost, Net of Accumulated Depreciation | 248,521 | 259,093 |  |
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 | $ 49,635 |  |  |
Building / Construction in Progress & Improvements | 134,935 |  |  |
Costs Subsequent to Acquisition / Construction | 89 |  |  |
Total Cost |  |  |  |
Land | 49,635 |  |  |
Building / Construction in Progress & Improvements | 135,024 |  |  |
Total | 184,659 |  |  |
Accumulated Depreciation | 20,414 |  |  |
Total Cost, Net of Accumulated Depreciation | 164,245 | 168,970 |  |
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 | $ 18,310 |  |  |
Building / Construction in Progress & Improvements | 74,344 |  |  |
Costs Subsequent to Acquisition / Construction | 263 |  |  |
Total Cost |  |  |  |
Land | 18,310 |  |  |
Building / Construction in Progress & Improvements | 74,607 |  |  |
Total | 92,917 |  |  |
Accumulated Depreciation | 10,961 |  |  |
Total Cost, Net of Accumulated Depreciation | 81,956 | 85,531 |  |
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 | 47,906 |  |  |
Total Cost |  |  |  |
Land | 154,730 |  |  |
Building / Construction in Progress & Improvements | 228,159 |  |  |
Total | 382,889 |  |  |
Accumulated Depreciation | 62,877 |  |  |
Total Cost, Net of Accumulated Depreciation | 320,012 | 321,720 |  |
Encumbrances | $ 93,500 |  |  |
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 | 12,891 |  |  |
Total Cost |  |  |  |
Land | 84,069 |  |  |
Building / Construction in Progress & Improvements | 118,712 |  |  |
Total | 202,781 |  |  |
Accumulated Depreciation | 35,382 |  |  |
Total Cost, Net of Accumulated Depreciation | 167,399 | 170,860 |  |
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 | 7,469 |  |  |
Total Cost |  |  |  |
Land | 71,421 |  |  |
Building / Construction in Progress & Improvements | 97,320 |  |  |
Total | 168,741 |  |  |
Accumulated Depreciation | 30,009 |  |  |
Total Cost, Net of Accumulated Depreciation | 138,732 | 141,704 |  |
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 | 8,010 |  |  |
Total Cost |  |  |  |
Land | 4,679 |  |  |
Building / Construction in Progress & Improvements | 36,296 |  |  |
Total | 40,975 |  |  |
Accumulated Depreciation | 26,396 |  |  |
Total Cost, Net of Accumulated Depreciation | 14,579 | 15,021 |  |
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 | 7,878 |  |  |
Total Cost |  |  |  |
Land | 1,820 |  |  |
Building / Construction in Progress & Improvements | 18,403 |  |  |
Total | 20,223 |  |  |
Accumulated Depreciation | 11,815 |  |  |
Total Cost, Net of Accumulated Depreciation | 8,408 | 9,011 |  |
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 | 16,119 |  |  |
Total Cost |  |  |  |
Land | 6,207 |  |  |
Building / Construction in Progress & Improvements | 56,910 |  |  |
Total | 63,117 |  |  |
Accumulated Depreciation | 33,090 |  |  |
Total Cost, Net of Accumulated Depreciation | 30,027 | 31,880 |  |
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 | 9,026 |  |  |
Total Cost |  |  |  |
Land | 2,889 |  |  |
Building / Construction in Progress & Improvements | 37,350 |  |  |
Total | 40,239 |  |  |
Accumulated Depreciation | 23,789 |  |  |
Total Cost, Net of Accumulated Depreciation | 16,450 | 17,679 |  |
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 | 5,909 |  |  |
Total Cost |  |  |  |
Land | 7,871 |  |  |
Building / Construction in Progress & Improvements | 65,878 |  |  |
Total | 73,749 |  |  |
Accumulated Depreciation | 36,817 |  |  |
Total Cost, Net of Accumulated Depreciation | 36,932 | 39,003 |  |
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 | 909 |  |  |
Total Cost |  |  |  |
Land | 2,577 |  |  |
Building / Construction in Progress & Improvements | 38,245 |  |  |
Total | 40,822 |  |  |
Accumulated Depreciation | 17,877 |  |  |
Total Cost, Net of Accumulated Depreciation | 22,945 | 24,245 |  |
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 | 2,223 |  |  |
Total Cost |  |  |  |
Land | 15,391 |  |  |
Building / Construction in Progress & Improvements | 139,576 |  |  |
Total | 154,967 |  |  |
Accumulated Depreciation | 55,731 |  |  |
Total Cost, Net of Accumulated Depreciation | 99,236 | 103,560 |  |
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 | 6,794 |  |  |
Total Cost |  |  |  |
Land | 32,212 |  |  |
Building / Construction in Progress & Improvements | 85,600 |  |  |
Total | 117,812 |  |  |
Accumulated Depreciation | 27,871 |  |  |
Total Cost, Net of Accumulated Depreciation | 89,941 | 92,738 |  |
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 | 2,962 |  |  |
Total Cost |  |  |  |
Land | 27,765 |  |  |
Building / Construction in Progress & Improvements | 80,522 |  |  |
Total | 108,287 |  |  |
Accumulated Depreciation | 24,407 |  |  |
Total Cost, Net of Accumulated Depreciation | 83,880 | 86,207 |  |
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 | 941 |  |  |
Total Cost |  |  |  |
Land | 18,205 |  |  |
Building / Construction in Progress & Improvements | 50,267 |  |  |
Total | 68,472 |  |  |
Accumulated Depreciation | 14,885 |  |  |
Total Cost, Net of Accumulated Depreciation | 53,587 | 55,172 |  |
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 | 404 |  |  |
Total Cost |  |  |  |
Land | 6,392 |  |  |
Building / Construction in Progress & Improvements | 30,717 |  |  |
Total | 37,109 |  |  |
Accumulated Depreciation | 7,421 |  |  |
Total Cost, Net of Accumulated Depreciation | 29,688 | 30,465 |  |
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 | 58,437 |  |  |
Costs Subsequent to Acquisition / Construction | 266 |  |  |
Total Cost |  |  |  |
Land | 21,899 |  |  |
Building / Construction in Progress & Improvements | 58,703 |  |  |
Total | 80,602 |  |  |
Accumulated Depreciation | 13,467 |  |  |
Total Cost, Net of Accumulated Depreciation | 67,135 | 69,236 |  |
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 | 183 |  |  |
Total Cost |  |  |  |
Land | 4,985 |  |  |
Building / Construction in Progress & Improvements | 17,483 |  |  |
Total | 22,468 |  |  |
Accumulated Depreciation | 3,122 |  |  |
Total Cost, Net of Accumulated Depreciation | 19,346 | 19,984 |  |
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 | 65,505 |  |  |
Costs Subsequent to Acquisition / Construction | 16 |  |  |
Total Cost |  |  |  |
Land | 14,777 |  |  |
Building / Construction in Progress & Improvements | 65,521 |  |  |
Total | 80,298 |  |  |
Accumulated Depreciation | 9,029 |  |  |
Total Cost, Net of Accumulated Depreciation | 71,269 | 74,002 |  |
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 | 50,983 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 7,534 |  |  |
Building / Construction in Progress & Improvements | 50,983 |  |  |
Total | 58,517 |  |  |
Accumulated Depreciation | 6,604 |  |  |
Total Cost, Net of Accumulated Depreciation | 51,913 | 54,008 |  |
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 | $ 5,608 |  |  |
Building / Construction in Progress & Improvements | 40,591 |  |  |
Costs Subsequent to Acquisition / Construction | 24 |  |  |
Total Cost |  |  |  |
Land | 5,608 |  |  |
Building / Construction in Progress & Improvements | 40,615 |  |  |
Total | 46,223 |  |  |
Accumulated Depreciation | 5,169 |  |  |
Total Cost, Net of Accumulated Depreciation | 41,054 | 42,538 |  |
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 | 13,323 |  |  |
Total Cost |  |  |  |
Land | 69,620 |  |  |
Building / Construction in Progress & Improvements | 57,104 |  |  |
Total | 126,724 |  |  |
Accumulated Depreciation | 23,188 |  |  |
Total Cost, Net of Accumulated Depreciation | 103,536 | 105,632 |  |
Encumbrances | $ 74,370 |  |  |
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 | 29,303 |  |  |
Total Cost |  |  |  |
Land | 8,760 |  |  |
Building / Construction in Progress & Improvements | 111,725 |  |  |
Total | 120,485 |  |  |
Accumulated Depreciation | 76,960 |  |  |
Total Cost, Net of Accumulated Depreciation | 43,525 | 45,546 |  |
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 | 13,893 |  |  |
Total Cost |  |  |  |
Land | 14,650 |  |  |
Building / Construction in Progress & Improvements | 74,379 |  |  |
Total | 89,029 |  |  |
Accumulated Depreciation | 41,003 |  |  |
Total Cost, Net of Accumulated Depreciation | 48,026 | 50,285 |  |
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 | 26,214 |  |  |
Total Cost |  |  |  |
Land | 5,585 |  |  |
Building / Construction in Progress & Improvements | 48,596 |  |  |
Total | 54,181 |  |  |
Accumulated Depreciation | 31,307 |  |  |
Total Cost, Net of Accumulated Depreciation | 22,874 | 23,620 |  |
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 | 9,615 |  |  |
Total Cost |  |  |  |
Land | 5,982 |  |  |
Building / Construction in Progress & Improvements | 34,004 |  |  |
Total | 39,986 |  |  |
Accumulated Depreciation | 19,783 |  |  |
Total Cost, Net of Accumulated Depreciation | 20,203 | 21,621 |  |
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 | 16,440 |  |  |
Total Cost |  |  |  |
Land | 6,647 |  |  |
Building / Construction in Progress & Improvements | 51,346 |  |  |
Total | 57,993 |  |  |
Accumulated Depreciation | 29,412 |  |  |
Total Cost, Net of Accumulated Depreciation | 28,581 | 30,831 |  |
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 | 478 |  |  |
Total Cost |  |  |  |
Land | 2,721 |  |  |
Building / Construction in Progress & Improvements | 23,403 |  |  |
Total | 26,124 |  |  |
Accumulated Depreciation | 8,433 |  |  |
Total Cost, Net of Accumulated Depreciation | 17,691 | 18,427 |  |
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 | 1,048 |  |  |
Total Cost |  |  |  |
Land | 8,984 |  |  |
Building / Construction in Progress & Improvements | 32,042 |  |  |
Total | 41,026 |  |  |
Accumulated Depreciation | 9,834 |  |  |
Total Cost, Net of Accumulated Depreciation | 31,192 | 32,177 |  |
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 | 2,139 |  |  |
Total Cost |  |  |  |
Land | 14,682 |  |  |
Building / Construction in Progress & Improvements | 43,774 |  |  |
Total | 58,456 |  |  |
Accumulated Depreciation | 13,243 |  |  |
Total Cost, Net of Accumulated Depreciation | 45,213 | 46,598 |  |
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 | 1,071 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 45,690 |  |  |
Total | 45,690 |  |  |
Accumulated Depreciation | 12,139 |  |  |
Total Cost, Net of Accumulated Depreciation | 33,551 | 34,886 |  |
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 | 337 |  |  |
Total Cost |  |  |  |
Land | 6,502 |  |  |
Building / Construction in Progress & Improvements | 17,200 |  |  |
Total | 23,702 |  |  |
Accumulated Depreciation | 4,757 |  |  |
Total Cost, Net of Accumulated Depreciation | 18,945 | 19,356 |  |
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 | 200 |  |  |
Total Cost |  |  |  |
Land | 3,006 |  |  |
Building / Construction in Progress & Improvements | 28,001 |  |  |
Total | 31,007 |  |  |
Accumulated Depreciation | 7,193 |  |  |
Total Cost, Net of Accumulated Depreciation | 23,814 | 24,777 |  |
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 | 509 |  |  |
Total Cost |  |  |  |
Land | 2,273 |  |  |
Building / Construction in Progress & Improvements | 49,118 |  |  |
Total | 51,391 |  |  |
Accumulated Depreciation | 10,444 |  |  |
Total Cost, Net of Accumulated Depreciation | 40,947 | 42,380 |  |
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 | 36,513 |  |  |
Costs Subsequent to Acquisition / Construction | 63 |  |  |
Total Cost |  |  |  |
Land | 10,701 |  |  |
Building / Construction in Progress & Improvements | 36,576 |  |  |
Total | 47,277 |  |  |
Accumulated Depreciation | 7,359 |  |  |
Total Cost, Net of Accumulated Depreciation | 39,918 | 41,287 |  |
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 | 55 |  |  |
Total Cost |  |  |  |
Land | 11,288 |  |  |
Building / Construction in Progress & Improvements | 34,923 |  |  |
Total | 46,211 |  |  |
Accumulated Depreciation | 7,027 |  |  |
Total Cost, Net of Accumulated Depreciation | 39,184 | 40,439 |  |
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 | $ 26,461 |  |  |
Building / Construction in Progress & Improvements | 68,003 |  |  |
Costs Subsequent to Acquisition / Construction | 717 |  |  |
Total Cost |  |  |  |
Land | 26,461 |  |  |
Building / Construction in Progress & Improvements | 68,720 |  |  |
Total | 95,181 |  |  |
Accumulated Depreciation | 10,260 |  |  |
Total Cost, Net of Accumulated Depreciation | 84,921 | 87,418 |  |
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 | 36,315 |  |  |
Costs Subsequent to Acquisition / Construction | 72 |  |  |
Total Cost |  |  |  |
Land | 11,695 |  |  |
Building / Construction in Progress & Improvements | 36,387 |  |  |
Total | 48,082 |  |  |
Accumulated Depreciation | 6,416 |  |  |
Total Cost, Net of Accumulated Depreciation | 41,666 | 43,002 |  |
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 | 6,316 |  |  |
Total Cost |  |  |  |
Land | 37,237 |  |  |
Building / Construction in Progress & Improvements | 96,791 |  |  |
Total | 134,028 |  |  |
Accumulated Depreciation | 21,972 |  |  |
Total Cost, Net of Accumulated Depreciation | 112,056 | 115,062 |  |
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 | 49,556 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 15,179 |  |  |
Building / Construction in Progress & Improvements | 49,556 |  |  |
Total | 64,735 |  |  |
Accumulated Depreciation | 6,277 |  |  |
Total Cost, Net of Accumulated Depreciation | 58,458 | 60,644 |  |
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 | 60,809 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 8,605 |  |  |
Building / Construction in Progress & Improvements | 60,809 |  |  |
Total | 69,414 |  |  |
Accumulated Depreciation | 6,220 |  |  |
Total Cost, Net of Accumulated Depreciation | 63,194 | 65,247 |  |
Encumbrances | $ 0 |  |  |
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 | 19,628 |  |  |
Total Cost |  |  |  |
Land | 6,848 |  |  |
Building / Construction in Progress & Improvements | 47,242 |  |  |
Total | 54,090 |  |  |
Accumulated Depreciation | 35,637 |  |  |
Total Cost, Net of Accumulated Depreciation | 18,453 | 18,459 |  |
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 | 3,720 |  |  |
Total Cost |  |  |  |
Land | 8,800 |  |  |
Building / Construction in Progress & Improvements | 43,378 |  |  |
Total | 52,178 |  |  |
Accumulated Depreciation | 25,889 |  |  |
Total Cost, Net of Accumulated Depreciation | 26,289 | 27,288 |  |
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 | 199 |  |  |
Total Cost |  |  |  |
Land | 7,425 |  |  |
Building / Construction in Progress & Improvements | 25,481 |  |  |
Total | 32,906 |  |  |
Accumulated Depreciation | 7,592 |  |  |
Total Cost, Net of Accumulated Depreciation | 25,314 | 26,176 |  |
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 | 9,046 |  |  |
Total Cost |  |  |  |
Land | 25,140 |  |  |
Building / Construction in Progress & Improvements | 61,505 |  |  |
Total | 86,645 |  |  |
Accumulated Depreciation | 20,065 |  |  |
Total Cost, Net of Accumulated Depreciation | 66,580 | 68,693 |  |
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 | 2,532 |  |  |
Total Cost |  |  |  |
Land | 16,430 |  |  |
Building / Construction in Progress & Improvements | 25,434 |  |  |
Total | 41,864 |  |  |
Accumulated Depreciation | 8,414 |  |  |
Total Cost, Net of Accumulated Depreciation | 33,450 | 34,310 |  |
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 | 5,564 |  |  |
Total Cost |  |  |  |
Land | 38,140 |  |  |
Building / Construction in Progress & Improvements | 40,916 |  |  |
Total | 79,056 |  |  |
Accumulated Depreciation | 14,346 |  |  |
Total Cost, Net of Accumulated Depreciation | 64,710 | 65,908 |  |
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 | 2,651 |  |  |
Total Cost |  |  |  |
Land | 9,580 |  |  |
Building / Construction in Progress & Improvements | 29,183 |  |  |
Total | 38,763 |  |  |
Accumulated Depreciation | 9,843 |  |  |
Total Cost, Net of Accumulated Depreciation | 28,920 | 29,891 |  |
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 | 21,816 |  |  |
Total Cost |  |  |  |
Land | 22,890 |  |  |
Building / Construction in Progress & Improvements | 80,507 |  |  |
Total | 103,397 |  |  |
Accumulated Depreciation | 22,068 |  |  |
Total Cost, Net of Accumulated Depreciation | 81,329 | 82,670 |  |
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 | 4,143 |  |  |
Total Cost |  |  |  |
Land | 43,700 |  |  |
Building / Construction in Progress & Improvements | 158,093 |  |  |
Total | 201,793 |  |  |
Accumulated Depreciation | 45,061 |  |  |
Total Cost, Net of Accumulated Depreciation | 156,732 | 161,867 |  |
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 | 114,933 |  |  |
Costs Subsequent to Acquisition / Construction | 815 |  |  |
Total Cost |  |  |  |
Land | 25,246 |  |  |
Building / Construction in Progress & Improvements | 115,748 |  |  |
Total | 140,994 |  |  |
Accumulated Depreciation | 17,048 |  |  |
Total Cost, Net of Accumulated Depreciation | 123,946 | 128,637 |  |
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 | 4,910 |  |  |
Total Cost |  |  |  |
Land | 4,047 |  |  |
Building / Construction in Progress & Improvements | 23,463 |  |  |
Total | 27,510 |  |  |
Accumulated Depreciation | 17,544 |  |  |
Total Cost, Net of Accumulated Depreciation | 9,966 | 10,482 |  |
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 | 13,210 |  |  |
Total Cost |  |  |  |
Land | 8,802 |  |  |
Building / Construction in Progress & Improvements | 48,746 |  |  |
Total | 57,548 |  |  |
Accumulated Depreciation | 25,984 |  |  |
Total Cost, Net of Accumulated Depreciation | 31,564 | 32,794 |  |
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 | 5,816 |  |  |
Total Cost |  |  |  |
Land | 29,159 |  |  |
Building / Construction in Progress & Improvements | 58,809 |  |  |
Total | 87,968 |  |  |
Accumulated Depreciation | 33,621 |  |  |
Total Cost, Net of Accumulated Depreciation | 54,347 | 54,793 |  |
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 | 7,071 |  |  |
Total Cost |  |  |  |
Land | 14,365 |  |  |
Building / Construction in Progress & Improvements | 62,469 |  |  |
Total | 76,834 |  |  |
Accumulated Depreciation | 35,479 |  |  |
Total Cost, Net of Accumulated Depreciation | 41,355 | 42,541 |  |
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 | 69,027 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 6,494 |  |  |
Building / Construction in Progress & Improvements | 69,027 |  |  |
Total | 75,521 |  |  |
Accumulated Depreciation | 8,945 |  |  |
Total Cost, Net of Accumulated Depreciation | 66,576 | 69,508 |  |
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 | $ 10,872 |  |  |
Building / Construction in Progress & Improvements | 62,992 |  |  |
Costs Subsequent to Acquisition / Construction | 43 |  |  |
Total Cost |  |  |  |
Land | 10,872 |  |  |
Building / Construction in Progress & Improvements | 63,035 |  |  |
Total | 73,907 |  |  |
Accumulated Depreciation | 9,225 |  |  |
Total Cost, Net of Accumulated Depreciation | 64,682 | 67,052 |  |
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 | 41 |  |  |
Total Cost |  |  |  |
Land | 10,130 |  |  |
Building / Construction in Progress & Improvements | 61,726 |  |  |
Total | 71,856 |  |  |
Accumulated Depreciation | 9,686 |  |  |
Total Cost, Net of Accumulated Depreciation | 62,170 | 64,437 |  |
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 | 5,040 |  |  |
Total Cost |  |  |  |
Land | 2,323 |  |  |
Building / Construction in Progress & Improvements | 14,337 |  |  |
Total | 16,660 |  |  |
Accumulated Depreciation | 10,539 |  |  |
Total Cost, Net of Accumulated Depreciation | 6,121 | 6,565 |  |
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 | 13,338 |  |  |
Total Cost |  |  |  |
Land | 3,958 |  |  |
Building / Construction in Progress & Improvements | 29,177 |  |  |
Total | 33,135 |  |  |
Accumulated Depreciation | 17,781 |  |  |
Total Cost, Net of Accumulated Depreciation | 15,354 | 11,716 |  |
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 | 69,888 |  |  |
Costs Subsequent to Acquisition / Construction | 2,555 |  |  |
Total Cost |  |  |  |
Land | 12,208 |  |  |
Building / Construction in Progress & Improvements | 72,443 |  |  |
Total | 84,651 |  |  |
Accumulated Depreciation | 9,506 |  |  |
Total Cost, Net of Accumulated Depreciation | 75,145 | 78,253 |  |
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 | 4,083 |  |  |
Total Cost |  |  |  |
Land | 10,200 |  |  |
Building / Construction in Progress & Improvements | 51,607 |  |  |
Total | 61,807 |  |  |
Accumulated Depreciation | 16,789 |  |  |
Total Cost, Net of Accumulated Depreciation | 45,018 | 46,563 |  |
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 | 12,454 |  |  |
Total Cost |  |  |  |
Land | 6,096 |  |  |
Building / Construction in Progress & Improvements | 36,854 |  |  |
Total | 42,950 |  |  |
Accumulated Depreciation | 25,440 |  |  |
Total Cost, Net of Accumulated Depreciation | 17,510 | 17,524 |  |
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 | 5,698 |  |  |
Total Cost |  |  |  |
Land | 2,152 |  |  |
Building / Construction in Progress & Improvements | 14,605 |  |  |
Total | 16,757 |  |  |
Accumulated Depreciation | 9,626 |  |  |
Total Cost, Net of Accumulated Depreciation | 7,131 | 7,543 |  |
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 | 14,285 |  |  |
Total Cost |  |  |  |
Land | 13,851 |  |  |
Building / Construction in Progress & Improvements | 57,682 |  |  |
Total | 71,533 |  |  |
Accumulated Depreciation | 39,051 |  |  |
Total Cost, Net of Accumulated Depreciation | 32,482 | 34,017 |  |
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 | 32,893 |  |  |
Total Cost |  |  |  |
Land | 22,041 |  |  |
Building / Construction in Progress & Improvements | 123,189 |  |  |
Total | 145,230 |  |  |
Accumulated Depreciation | 66,934 |  |  |
Total Cost, Net of Accumulated Depreciation | 78,296 | 81,854 |  |
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 | 1,017 |  |  |
Total Cost |  |  |  |
Land | 13,554 |  |  |
Building / Construction in Progress & Improvements | 64,543 |  |  |
Total | 78,097 |  |  |
Accumulated Depreciation | 18,875 |  |  |
Total Cost, Net of Accumulated Depreciation | 59,222 | 61,053 |  |
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 | 15,576 |  |  |
Total Cost |  |  |  |
Land | 17,889 |  |  |
Building / Construction in Progress & Improvements | 90,303 |  |  |
Total | 108,192 |  |  |
Accumulated Depreciation | 28,382 |  |  |
Total Cost, Net of Accumulated Depreciation | 79,810 | 83,103 |  |
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 | 415 |  |  |
Total Cost |  |  |  |
Land | 33,490 |  |  |
Building / Construction in Progress & Improvements | 76,216 |  |  |
Total | 109,706 |  |  |
Accumulated Depreciation | 18,954 |  |  |
Total Cost, Net of Accumulated Depreciation | 90,752 | 93,460 |  |
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 | 2,951 |  |  |
Total Cost |  |  |  |
Land | 24,225 |  |  |
Building / Construction in Progress & Improvements | 84,933 |  |  |
Total | 109,158 |  |  |
Accumulated Depreciation | 18,607 |  |  |
Total Cost, Net of Accumulated Depreciation | 90,551 | 93,826 |  |
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 | 9,290 |  |  |
Total Cost |  |  |  |
Land | 22,573 |  |  |
Building / Construction in Progress & Improvements | 104,645 |  |  |
Total | 127,218 |  |  |
Accumulated Depreciation | 20,760 |  |  |
Total Cost, Net of Accumulated Depreciation | 106,458 | 109,983 |  |
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 | 4,017 |  |  |
Total Cost |  |  |  |
Land | 18,830 |  |  |
Building / Construction in Progress & Improvements | 86,444 |  |  |
Total | 105,274 |  |  |
Accumulated Depreciation | 16,083 |  |  |
Total Cost, Net of Accumulated Depreciation | 89,191 | 91,868 |  |
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 | 115,465 |  |  |
Costs Subsequent to Acquisition / Construction | 8,268 |  |  |
Total Cost |  |  |  |
Land | 29,377 |  |  |
Building / Construction in Progress & Improvements | 123,733 |  |  |
Total | 153,110 |  |  |
Accumulated Depreciation | 22,651 |  |  |
Total Cost, Net of Accumulated Depreciation | 130,459 | 135,716 |  |
Encumbrances | $ 0 |  |  |
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 | 3,255 |  |  |
Total Cost |  |  |  |
Land | 16,030 |  |  |
Building / Construction in Progress & Improvements | 48,675 |  |  |
Total | 64,705 |  |  |
Accumulated Depreciation | 16,883 |  |  |
Total Cost, Net of Accumulated Depreciation | 47,822 | 49,535 |  |
Encumbrances | $ 0 |  |  |
Current Communities | AVA 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 | 41,022 |  |  |
Total Cost |  |  |  |
Land | 71,640 |  |  |
Building / Construction in Progress & Improvements | 256,959 |  |  |
Total | 328,599 |  |  |
Accumulated Depreciation | 74,288 |  |  |
Total Cost, Net of Accumulated Depreciation | 254,311 | 260,618 |  |
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 | 12,240 |  |  |
Total Cost |  |  |  |
Land | 56,550 |  |  |
Building / Construction in Progress & Improvements | 190,272 |  |  |
Total | 246,822 |  |  |
Accumulated Depreciation | 57,506 |  |  |
Total Cost, Net of Accumulated Depreciation | 189,316 | 194,468 |  |
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 | 497 |  |  |
Total Cost |  |  |  |
Land | 21,600 |  |  |
Building / Construction in Progress & Improvements | 59,573 |  |  |
Total | 81,173 |  |  |
Accumulated Depreciation | 14,222 |  |  |
Total Cost, Net of Accumulated Depreciation | 66,951 | 68,838 |  |
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 | 8,728 |  |  |
Total Cost |  |  |  |
Land | 26,710 |  |  |
Building / Construction in Progress & Improvements | 91,812 |  |  |
Total | 118,522 |  |  |
Accumulated Depreciation | 31,260 |  |  |
Total Cost, Net of Accumulated Depreciation | 87,262 | 90,175 |  |
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 | 127 |  |  |
Total Cost |  |  |  |
Land | 39,544 |  |  |
Building / Construction in Progress & Improvements | 66,287 |  |  |
Total | 105,831 |  |  |
Accumulated Depreciation | 13,300 |  |  |
Total Cost, Net of Accumulated Depreciation | 92,531 | 94,976 |  |
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 | 11,457 |  |  |
Total Cost |  |  |  |
Land | 4,558 |  |  |
Building / Construction in Progress & Improvements | 29,825 |  |  |
Total | 34,383 |  |  |
Accumulated Depreciation | 20,694 |  |  |
Total Cost, Net of Accumulated Depreciation | 13,689 | 14,151 |  |
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 | 5,810 |  |  |
Total Cost |  |  |  |
Land | 6,786 |  |  |
Building / Construction in Progress & Improvements | 33,451 |  |  |
Total | 40,237 |  |  |
Accumulated Depreciation | 25,033 |  |  |
Total Cost, Net of Accumulated Depreciation | 15,204 | 16,054 |  |
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 | 3,243 |  |  |
Total Cost |  |  |  |
Land | 6,664 |  |  |
Building / Construction in Progress & Improvements | 27,362 |  |  |
Total | 34,026 |  |  |
Accumulated Depreciation | 18,354 |  |  |
Total Cost, Net of Accumulated Depreciation | 15,672 | 15,794 |  |
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 | 3,818 |  |  |
Total Cost |  |  |  |
Land | 4,777 |  |  |
Building / Construction in Progress & Improvements | 23,583 |  |  |
Total | 28,360 |  |  |
Accumulated Depreciation | 16,382 |  |  |
Total Cost, Net of Accumulated Depreciation | 11,978 | 12,668 |  |
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 | 3,956 |  |  |
Total Cost |  |  |  |
Land | 3,789 |  |  |
Building / Construction in Progress & Improvements | 19,095 |  |  |
Total | 22,884 |  |  |
Accumulated Depreciation | 12,952 |  |  |
Total Cost, Net of Accumulated Depreciation | 9,932 | 10,524 |  |
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 | 1,373 |  |  |
Total Cost |  |  |  |
Land | 5,644 |  |  |
Building / Construction in Progress & Improvements | 14,106 |  |  |
Total | 19,750 |  |  |
Accumulated Depreciation | 9,467 |  |  |
Total Cost, Net of Accumulated Depreciation | 10,283 | 10,687 |  |
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 | 4,066 |  |  |
Total Cost |  |  |  |
Land | 12,697 |  |  |
Building / Construction in Progress & Improvements | 81,516 |  |  |
Total | 94,213 |  |  |
Accumulated Depreciation | 35,254 |  |  |
Total Cost, Net of Accumulated Depreciation | 58,959 | 61,540 |  |
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 | 1,858 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 124,887 |  |  |
Total | 124,887 |  |  |
Accumulated Depreciation | 44,866 |  |  |
Total Cost, Net of Accumulated Depreciation | 80,021 | 84,214 |  |
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 | 989 |  |  |
Total Cost |  |  |  |
Land | 12,081 |  |  |
Building / Construction in Progress & Improvements | 42,607 |  |  |
Total | 54,688 |  |  |
Accumulated Depreciation | 13,549 |  |  |
Total Cost, Net of Accumulated Depreciation | 41,139 | 42,373 |  |
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 | 1,244 |  |  |
Total Cost |  |  |  |
Land | 16,460 |  |  |
Building / Construction in Progress & Improvements | 48,170 |  |  |
Total | 64,630 |  |  |
Accumulated Depreciation | 13,794 |  |  |
Total Cost, Net of Accumulated Depreciation | 50,836 | 52,449 |  |
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 | 31 |  |  |
Total Cost |  |  |  |
Land | 12,294 |  |  |
Building / Construction in Progress & Improvements | 55,658 |  |  |
Total | 67,952 |  |  |
Accumulated Depreciation | 12,680 |  |  |
Total Cost, Net of Accumulated Depreciation | 55,272 | 57,297 |  |
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 | 59,986 |  |  |
Costs Subsequent to Acquisition / Construction | 1,510 |  |  |
Total Cost |  |  |  |
Land | 20,613 |  |  |
Building / Construction in Progress & Improvements | 61,496 |  |  |
Total | 82,109 |  |  |
Accumulated Depreciation | 11,473 |  |  |
Total Cost, Net of Accumulated Depreciation | 70,636 | 72,495 |  |
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 | $ 23,178 |  |  |
Building / Construction in Progress & Improvements | 112,986 |  |  |
Costs Subsequent to Acquisition / Construction | 1,318 |  |  |
Total Cost |  |  |  |
Land | 23,178 |  |  |
Building / Construction in Progress & Improvements | 114,304 |  |  |
Total | 137,482 |  |  |
Accumulated Depreciation | 17,698 |  |  |
Total Cost, Net of Accumulated Depreciation | 119,784 | 123,811 |  |
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 | 21,418 |  |  |
Costs Subsequent to Acquisition / Construction | 13 |  |  |
Total Cost |  |  |  |
Land | 5,072 |  |  |
Building / Construction in Progress & Improvements | 21,431 |  |  |
Total | 26,503 |  |  |
Accumulated Depreciation | 3,376 |  |  |
Total Cost, Net of Accumulated Depreciation | 23,127 | 23,886 |  |
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 | $ 9,649 |  |  |
Building / Construction in Progress & Improvements | 112,456 |  |  |
Costs Subsequent to Acquisition / Construction | 699 |  |  |
Total Cost |  |  |  |
Land | 9,649 |  |  |
Building / Construction in Progress & Improvements | 113,155 |  |  |
Total | 122,804 |  |  |
Accumulated Depreciation | 13,994 |  |  |
Total Cost, Net of Accumulated Depreciation | 108,810 | 111,990 |  |
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 | 4,317 |  |  |
Total Cost |  |  |  |
Land | 10,250 |  |  |
Building / Construction in Progress & Improvements | 31,159 |  |  |
Total | 41,409 |  |  |
Accumulated Depreciation | 11,192 |  |  |
Total Cost, Net of Accumulated Depreciation | 30,217 | 31,269 |  |
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 | 14,624 |  |  |
Total Cost |  |  |  |
Land | 11,830 |  |  |
Building / Construction in Progress & Improvements | 62,452 |  |  |
Total | 74,282 |  |  |
Accumulated Depreciation | 41,905 |  |  |
Total Cost, Net of Accumulated Depreciation | 32,377 | 34,327 |  |
Encumbrances | $ 0 |  |  |
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 | 19,539 |  |  |
Total Cost |  |  |  |
Land | 12,920 |  |  |
Building / Construction in Progress & Improvements | 72,586 |  |  |
Total | 85,506 |  |  |
Accumulated Depreciation | 43,395 |  |  |
Total Cost, Net of Accumulated Depreciation | 42,111 | 44,301 |  |
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 | 13,069 |  |  |
Total Cost |  |  |  |
Land | 6,119 |  |  |
Building / Construction in Progress & Improvements | 63,294 |  |  |
Total | 69,413 |  |  |
Accumulated Depreciation | 41,300 |  |  |
Total Cost, Net of Accumulated Depreciation | 28,113 | 30,846 |  |
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 | 35,541 |  |  |
Total Cost |  |  |  |
Land | 20,713 |  |  |
Building / Construction in Progress & Improvements | 135,114 |  |  |
Total | 155,827 |  |  |
Accumulated Depreciation | 85,905 |  |  |
Total Cost, Net of Accumulated Depreciation | 69,922 | 74,334 |  |
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 | 12,001 |  |  |
Total Cost |  |  |  |
Land | 9,755 |  |  |
Building / Construction in Progress & Improvements | 51,394 |  |  |
Total | 61,149 |  |  |
Accumulated Depreciation | 35,672 |  |  |
Total Cost, Net of Accumulated Depreciation | 25,477 | 26,378 |  |
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 | 21,834 |  |  |
Total Cost |  |  |  |
Land | 6,546 |  |  |
Building / Construction in Progress & Improvements | 48,097 |  |  |
Total | 54,643 |  |  |
Accumulated Depreciation | 30,784 |  |  |
Total Cost, Net of Accumulated Depreciation | 23,859 | 25,203 |  |
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 | 3,267 |  |  |
Total Cost |  |  |  |
Land | 4,765 |  |  |
Building / Construction in Progress & Improvements | 50,867 |  |  |
Total | 55,632 |  |  |
Accumulated Depreciation | 31,597 |  |  |
Total Cost, Net of Accumulated Depreciation | 24,035 | 25,377 |  |
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 | 14,701 |  |  |
Total Cost |  |  |  |
Land | 9,560 |  |  |
Building / Construction in Progress & Improvements | 70,837 |  |  |
Total | 80,397 |  |  |
Accumulated Depreciation | 39,203 |  |  |
Total Cost, Net of Accumulated Depreciation | 41,194 | 43,782 |  |
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 | 586 |  |  |
Total Cost |  |  |  |
Land | 13,837 |  |  |
Building / Construction in Progress & Improvements | 65,120 |  |  |
Total | 78,957 |  |  |
Accumulated Depreciation | 15,938 |  |  |
Total Cost, Net of Accumulated Depreciation | 63,019 | 65,123 |  |
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 | 7,299 |  |  |
Total Cost |  |  |  |
Land | 46,060 |  |  |
Building / Construction in Progress & Improvements | 89,256 |  |  |
Total | 135,316 |  |  |
Accumulated Depreciation | 30,101 |  |  |
Total Cost, Net of Accumulated Depreciation | 105,215 | 107,802 |  |
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 | 13,812 |  |  |
Total Cost |  |  |  |
Land | 64,070 |  |  |
Building / Construction in Progress & Improvements | 82,830 |  |  |
Total | 146,900 |  |  |
Accumulated Depreciation | 28,024 |  |  |
Total Cost, Net of Accumulated Depreciation | 118,876 | 120,633 |  |
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 | 11,110 |  |  |
Total Cost |  |  |  |
Land | 10,746 |  |  |
Building / Construction in Progress & Improvements | 54,509 |  |  |
Total | 65,255 |  |  |
Accumulated Depreciation | 39,179 |  |  |
Total Cost, Net of Accumulated Depreciation | 26,076 | 24,767 |  |
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 | 12,448 |  |  |
Total Cost |  |  |  |
Land | 5,276 |  |  |
Building / Construction in Progress & Improvements | 32,090 |  |  |
Total | 37,366 |  |  |
Accumulated Depreciation | 21,162 |  |  |
Total Cost, Net of Accumulated Depreciation | 16,204 | 17,245 |  |
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 | 23,236 |  |  |
Total Cost |  |  |  |
Land | 11,610 |  |  |
Building / Construction in Progress & Improvements | 69,788 |  |  |
Total | 81,398 |  |  |
Accumulated Depreciation | 46,808 |  |  |
Total Cost, Net of Accumulated Depreciation | 34,590 | 36,309 |  |
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 | 4,227 |  |  |
Total Cost |  |  |  |
Land | 4,249 |  |  |
Building / Construction in Progress & Improvements | 21,047 |  |  |
Total | 25,296 |  |  |
Accumulated Depreciation | 15,978 |  |  |
Total Cost, Net of Accumulated Depreciation | 9,318 | 10,036 |  |
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 | 10,779 |  |  |
Total Cost |  |  |  |
Land | 6,581 |  |  |
Building / Construction in Progress & Improvements | 37,362 |  |  |
Total | 43,943 |  |  |
Accumulated Depreciation | 26,302 |  |  |
Total Cost, Net of Accumulated Depreciation | 17,641 | 18,725 |  |
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 | 1,848 |  |  |
Total Cost |  |  |  |
Land | 14,732 |  |  |
Building / Construction in Progress & Improvements | 105,872 |  |  |
Total | 120,604 |  |  |
Accumulated Depreciation | 41,569 |  |  |
Total Cost, Net of Accumulated Depreciation | 79,035 | 82,462 |  |
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 | 148,846 |  |  |
Costs Subsequent to Acquisition / Construction | 5,778 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 154,624 |  |  |
Total | 154,624 |  |  |
Accumulated Depreciation | 54,886 |  |  |
Total Cost, Net of Accumulated Depreciation | 99,738 | 104,792 |  |
Encumbrances | $ 4,001 |  |  |
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 | 1,086 |  |  |
Total Cost |  |  |  |
Land | 7,772 |  |  |
Building / Construction in Progress & Improvements | 73,228 |  |  |
Total | 81,000 |  |  |
Accumulated Depreciation | 17,581 |  |  |
Total Cost, Net of Accumulated Depreciation | 63,419 | 65,600 |  |
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 | 290 |  |  |
Total Cost |  |  |  |
Land | 7,762 |  |  |
Building / Construction in Progress & Improvements | 76,877 |  |  |
Total | 84,639 |  |  |
Accumulated Depreciation | 12,920 |  |  |
Total Cost, Net of Accumulated Depreciation | 71,719 | 74,056 |  |
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 | 17,483 |  |  |
Total Cost |  |  |  |
Land | 30,320 |  |  |
Building / Construction in Progress & Improvements | 99,858 |  |  |
Total | 130,178 |  |  |
Accumulated Depreciation | 30,551 |  |  |
Total Cost, Net of Accumulated Depreciation | 99,627 | 103,110 |  |
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 | 5,432 |  |  |
Total Cost |  |  |  |
Land | 9,860 |  |  |
Building / Construction in Progress & Improvements | 25,282 |  |  |
Total | 35,142 |  |  |
Accumulated Depreciation | 7,701 |  |  |
Total Cost, Net of Accumulated Depreciation | 27,441 | 28,424 |  |
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 | 13,751 |  |  |
Total Cost |  |  |  |
Land | 27,190 |  |  |
Building / Construction in Progress & Improvements | 70,792 |  |  |
Total | 97,982 |  |  |
Accumulated Depreciation | 21,941 |  |  |
Total Cost, Net of Accumulated Depreciation | 76,041 | 78,864 |  |
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 | 28,689 |  |  |
Costs Subsequent to Acquisition / Construction | 66 |  |  |
Total Cost |  |  |  |
Land | 4,500 |  |  |
Building / Construction in Progress & Improvements | 28,755 |  |  |
Total | 33,255 |  |  |
Accumulated Depreciation | 6,503 |  |  |
Total Cost, Net of Accumulated Depreciation | 26,752 | 27,604 |  |
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 | 20,869 |  |  |
Total Cost |  |  |  |
Land | 4,230 |  |  |
Building / Construction in Progress & Improvements | 30,528 |  |  |
Total | 34,758 |  |  |
Accumulated Depreciation | 21,113 |  |  |
Total Cost, Net of Accumulated Depreciation | 13,645 | 14,663 |  |
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 | 8,558 |  |  |
Total Cost |  |  |  |
Land | 5,403 |  |  |
Building / Construction in Progress & Improvements | 30,125 |  |  |
Total | 35,528 |  |  |
Accumulated Depreciation | 20,376 |  |  |
Total Cost, Net of Accumulated Depreciation | 15,152 | 15,827 |  |
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 | 13,154 |  |  |
Total Cost |  |  |  |
Land | 7,852 |  |  |
Building / Construction in Progress & Improvements | 44,599 |  |  |
Total | 52,451 |  |  |
Accumulated Depreciation | 30,377 |  |  |
Total Cost, Net of Accumulated Depreciation | 22,074 | 23,375 |  |
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 | 4,530 |  |  |
Total Cost |  |  |  |
Land | 6,125 |  |  |
Building / Construction in Progress & Improvements | 29,326 |  |  |
Total | 35,451 |  |  |
Accumulated Depreciation | 21,942 |  |  |
Total Cost, Net of Accumulated Depreciation | 13,509 | 14,230 |  |
Encumbrances | $ 0 |  |  |
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 | 16,719 |  |  |
Total Cost |  |  |  |
Land | 3,561 |  |  |
Building / Construction in Progress & Improvements | 38,040 |  |  |
Total | 41,601 |  |  |
Accumulated Depreciation | 23,912 |  |  |
Total Cost, Net of Accumulated Depreciation | 17,689 | 18,809 |  |
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 | 9,105 |  |  |
Total Cost |  |  |  |
Land | 14,029 |  |  |
Building / Construction in Progress & Improvements | 87,557 |  |  |
Total | 101,586 |  |  |
Accumulated Depreciation | 52,019 |  |  |
Total Cost, Net of Accumulated Depreciation | 49,567 | 53,392 |  |
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 | 766 |  |  |
Total Cost |  |  |  |
Land | 28,687 |  |  |
Building / Construction in Progress & Improvements | 119,922 |  |  |
Total | 148,609 |  |  |
Accumulated Depreciation | 46,994 |  |  |
Total Cost, Net of Accumulated Depreciation | 101,615 | 105,579 |  |
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 | 2,215 |  |  |
Total Cost |  |  |  |
Land | 5,544 |  |  |
Building / Construction in Progress & Improvements | 53,121 |  |  |
Total | 58,665 |  |  |
Accumulated Depreciation | 16,216 |  |  |
Total Cost, Net of Accumulated Depreciation | 42,449 | 44,109 |  |
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 | 1,197 |  |  |
Total Cost |  |  |  |
Land | 20,267 |  |  |
Building / Construction in Progress & Improvements | 98,518 |  |  |
Total | 118,785 |  |  |
Accumulated Depreciation | 23,805 |  |  |
Total Cost, Net of Accumulated Depreciation | 94,980 | 98,351 |  |
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 | 88 |  |  |
Total Cost |  |  |  |
Land | 12,595 |  |  |
Building / Construction in Progress & Improvements | 81,316 |  |  |
Total | 93,911 |  |  |
Accumulated Depreciation | 16,680 |  |  |
Total Cost, Net of Accumulated Depreciation | 77,231 | 80,105 |  |
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 | $ 23,523 |  |  |
Building / Construction in Progress & Improvements | 180,922 |  |  |
Costs Subsequent to Acquisition / Construction | 232 |  |  |
Total Cost |  |  |  |
Land | 23,523 |  |  |
Building / Construction in Progress & Improvements | 181,154 |  |  |
Total | 204,677 |  |  |
Accumulated Depreciation | 20,350 |  |  |
Total Cost, Net of Accumulated Depreciation | 184,327 | 190,207 |  |
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 | 6,936 |  |  |
Total Cost |  |  |  |
Land | 40,780 |  |  |
Building / Construction in Progress & Improvements | 75,620 |  |  |
Total | 116,400 |  |  |
Accumulated Depreciation | 24,600 |  |  |
Total Cost, Net of Accumulated Depreciation | 91,800 | 94,626 |  |
Encumbrances | $ 63,850 |  |  |
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 | 2,649 |  |  |
Total Cost |  |  |  |
Land | 23,787 |  |  |
Building / Construction in Progress & Improvements | 47,583 |  |  |
Total | 71,370 |  |  |
Accumulated Depreciation | 14,066 |  |  |
Total Cost, Net of Accumulated Depreciation | 57,304 | 58,683 |  |
Encumbrances | $ 27,844 |  |  |
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 | 3,217 |  |  |
Total Cost |  |  |  |
Land | 33,303 |  |  |
Building / Construction in Progress & Improvements | 66,127 |  |  |
Total | 99,430 |  |  |
Accumulated Depreciation | 19,770 |  |  |
Total Cost, Net of Accumulated Depreciation | 79,660 | 81,815 |  |
Encumbrances | $ 51,000 |  |  |
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 | 51,677 |  |  |
Total Cost |  |  |  |
Land | 22,483 |  |  |
Building / Construction in Progress & Improvements | 79,781 |  |  |
Total | 102,264 |  |  |
Accumulated Depreciation | 49,082 |  |  |
Total Cost, Net of Accumulated Depreciation | 53,182 | 54,487 |  |
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 | 52,697 |  |  |
Total Cost |  |  |  |
Land | 23,828 |  |  |
Building / Construction in Progress & Improvements | 93,069 |  |  |
Total | 116,897 |  |  |
Accumulated Depreciation | 55,380 |  |  |
Total Cost, Net of Accumulated Depreciation | 61,517 | 63,689 |  |
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 | 12,287 |  |  |
Total Cost |  |  |  |
Land | 7,045 |  |  |
Building / Construction in Progress & Improvements | 25,273 |  |  |
Total | 32,318 |  |  |
Accumulated Depreciation | 18,575 |  |  |
Total Cost, Net of Accumulated Depreciation | 13,743 | 14,257 |  |
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 | 2,838 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 45,402 |  |  |
Total | 45,402 |  |  |
Accumulated Depreciation | 26,859 |  |  |
Total Cost, Net of Accumulated Depreciation | 18,543 | 20,114 |  |
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 | 26,328 |  |  |
Total Cost |  |  |  |
Land | 14,053 |  |  |
Building / Construction in Progress & Improvements | 83,155 |  |  |
Total | 97,208 |  |  |
Accumulated Depreciation | 46,040 |  |  |
Total Cost, Net of Accumulated Depreciation | 51,168 | 53,271 |  |
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 | 2,907 |  |  |
Total Cost |  |  |  |
Land | 8,446 |  |  |
Building / Construction in Progress & Improvements | 43,197 |  |  |
Total | 51,643 |  |  |
Accumulated Depreciation | 21,254 |  |  |
Total Cost, Net of Accumulated Depreciation | 30,389 | 31,827 |  |
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 | 5,619 |  |  |
Total Cost |  |  |  |
Land | 5,459 |  |  |
Building / Construction in Progress & Improvements | 46,801 |  |  |
Total | 52,260 |  |  |
Accumulated Depreciation | 20,773 |  |  |
Total Cost, Net of Accumulated Depreciation | 31,487 | 32,263 |  |
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 | 1,313 |  |  |
Total Cost |  |  |  |
Land | 12,789 |  |  |
Building / Construction in Progress & Improvements | 50,386 |  |  |
Total | 63,175 |  |  |
Accumulated Depreciation | 21,172 |  |  |
Total Cost, Net of Accumulated Depreciation | 42,003 | 43,719 |  |
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 | 1,251 |  |  |
Total Cost |  |  |  |
Land | 7,920 |  |  |
Building / Construction in Progress & Improvements | 46,096 |  |  |
Total | 54,016 |  |  |
Accumulated Depreciation | 19,897 |  |  |
Total Cost, Net of Accumulated Depreciation | 34,119 | 35,586 |  |
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 | 94,001 |  |  |
Costs Subsequent to Acquisition / Construction | 1,765 |  |  |
Total Cost |  |  |  |
Land | 14,734 |  |  |
Building / Construction in Progress & Improvements | 95,766 |  |  |
Total | 110,500 |  |  |
Accumulated Depreciation | 21,336 |  |  |
Total Cost, Net of Accumulated Depreciation | 89,164 | 92,661 |  |
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 | 4,502 |  |  |
Total Cost |  |  |  |
Land | 9,796 |  |  |
Building / Construction in Progress & Improvements | 46,242 |  |  |
Total | 56,038 |  |  |
Accumulated Depreciation | 16,011 |  |  |
Total Cost, Net of Accumulated Depreciation | 40,027 | 41,622 |  |
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 | 1,661 |  |  |
Total Cost |  |  |  |
Land | 1,916 |  |  |
Building / Construction in Progress & Improvements | 9,480 |  |  |
Total | 11,396 |  |  |
Accumulated Depreciation | 3,503 |  |  |
Total Cost, Net of Accumulated Depreciation | 7,893 | 8,302 |  |
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 | 1,173 |  |  |
Total Cost |  |  |  |
Land | 2,953 |  |  |
Building / Construction in Progress & Improvements | 13,601 |  |  |
Total | 16,554 |  |  |
Accumulated Depreciation | 4,823 |  |  |
Total Cost, Net of Accumulated Depreciation | 11,731 | 12,213 |  |
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 | 6,019 |  |  |
Total Cost |  |  |  |
Land | 8,400 |  |  |
Building / Construction in Progress & Improvements | 17,566 |  |  |
Total | 25,966 |  |  |
Accumulated Depreciation | 5,104 |  |  |
Total Cost, Net of Accumulated Depreciation | 20,862 | 21,136 |  |
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 | 1,786 |  |  |
Total Cost |  |  |  |
Land | 8,305 |  |  |
Building / Construction in Progress & Improvements | 22,981 |  |  |
Total | 31,286 |  |  |
Accumulated Depreciation | 6,813 |  |  |
Total Cost, Net of Accumulated Depreciation | 24,473 | 25,176 |  |
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 | 7,305 |  |  |
Total Cost |  |  |  |
Land | 30,900 |  |  |
Building / Construction in Progress & Improvements | 79,313 |  |  |
Total | 110,213 |  |  |
Accumulated Depreciation | 23,820 |  |  |
Total Cost, Net of Accumulated Depreciation | 86,393 | 89,198 |  |
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 | 30,726 |  |  |
Costs Subsequent to Acquisition / Construction | 125 |  |  |
Total Cost |  |  |  |
Land | 9,141 |  |  |
Building / Construction in Progress & Improvements | 30,851 |  |  |
Total | 39,992 |  |  |
Accumulated Depreciation | 7,212 |  |  |
Total Cost, Net of Accumulated Depreciation | 32,780 | 33,915 |  |
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 | 64,303 |  |  |
Costs Subsequent to Acquisition / Construction | 542 |  |  |
Total Cost |  |  |  |
Land | 18,311 |  |  |
Building / Construction in Progress & Improvements | 64,845 |  |  |
Total | 83,156 |  |  |
Accumulated Depreciation | 12,166 |  |  |
Total Cost, Net of Accumulated Depreciation | 70,990 | 73,347 |  |
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 | $ 35,214 |  |  |
Building / Construction in Progress & Improvements | 119,105 |  |  |
Costs Subsequent to Acquisition / Construction | 1,742 |  |  |
Total Cost |  |  |  |
Land | 35,214 |  |  |
Building / Construction in Progress & Improvements | 120,847 |  |  |
Total | 156,061 |  |  |
Accumulated Depreciation | 16,159 |  |  |
Total Cost, Net of Accumulated Depreciation | 139,902 | 143,523 |  |
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 | 1,627 |  |  |
Total Cost |  |  |  |
Land | 9,600 |  |  |
Building / Construction in Progress & Improvements | 39,229 |  |  |
Total | 48,829 |  |  |
Accumulated Depreciation | 10,178 |  |  |
Total Cost, Net of Accumulated Depreciation | 38,651 | 40,139 |  |
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 | $ 16,617 |  |  |
Building / Construction in Progress & Improvements | 79,829 |  |  |
Costs Subsequent to Acquisition / Construction | 30 |  |  |
Total Cost |  |  |  |
Land | 16,617 |  |  |
Building / Construction in Progress & Improvements | 79,859 |  |  |
Total | 96,476 |  |  |
Accumulated Depreciation | 10,846 |  |  |
Total Cost, Net of Accumulated Depreciation | 85,630 | 89,569 |  |
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 | 2,069 |  |  |
Total Cost |  |  |  |
Land | 18,408 |  |  |
Building / Construction in Progress & Improvements | 54,349 |  |  |
Total | 72,757 |  |  |
Accumulated Depreciation | 10,083 |  |  |
Total Cost, Net of Accumulated Depreciation | 62,674 | 64,702 |  |
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 | 6,555 |  |  |
Total Cost |  |  |  |
Land | 42,020 |  |  |
Building / Construction in Progress & Improvements | 79,916 |  |  |
Total | 121,936 |  |  |
Accumulated Depreciation | 25,959 |  |  |
Total Cost, Net of Accumulated Depreciation | 95,977 | 97,812 |  |
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 | 7,778 |  |  |
Total Cost |  |  |  |
Land | 4,626 |  |  |
Building / Construction in Progress & Improvements | 30,732 |  |  |
Total | 35,358 |  |  |
Accumulated Depreciation | 8,821 |  |  |
Total Cost, Net of Accumulated Depreciation | 26,537 | 27,541 |  |
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 | 18,092 |  |  |
Total Cost |  |  |  |
Land | 15,756 |  |  |
Building / Construction in Progress & Improvements | 96,270 |  |  |
Total | 112,026 |  |  |
Accumulated Depreciation | 27,640 |  |  |
Total Cost, Net of Accumulated Depreciation | 84,386 | 86,885 |  |
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 | 22,787 |  |  |
Total Cost |  |  |  |
Land | 42,720 |  |  |
Building / Construction in Progress & Improvements | 130,429 |  |  |
Total | 173,149 |  |  |
Accumulated Depreciation | 45,312 |  |  |
Total Cost, Net of Accumulated Depreciation | 127,837 | 130,597 |  |
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 | 7,049 |  |  |
Total Cost |  |  |  |
Land | 43,540 |  |  |
Building / Construction in Progress & Improvements | 87,023 |  |  |
Total | 130,563 |  |  |
Accumulated Depreciation | 32,908 |  |  |
Total Cost, Net of Accumulated Depreciation | 97,655 | 101,247 |  |
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 | 14,022 |  |  |
Total Cost |  |  |  |
Land | 32,000 |  |  |
Building / Construction in Progress & Improvements | 74,792 |  |  |
Total | 106,792 |  |  |
Accumulated Depreciation | 21,760 |  |  |
Total Cost, Net of Accumulated Depreciation | 85,032 | 87,273 |  |
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 | 4,377 |  |  |
Total Cost |  |  |  |
Land | 20,560 |  |  |
Building / Construction in Progress & Improvements | 110,933 |  |  |
Total | 131,493 |  |  |
Accumulated Depreciation | 32,061 |  |  |
Total Cost, Net of Accumulated Depreciation | 99,432 | 103,043 |  |
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 | 7,302 |  |  |
Total Cost |  |  |  |
Land | 9,110 |  |  |
Building / Construction in Progress & Improvements | 22,673 |  |  |
Total | 31,783 |  |  |
Accumulated Depreciation | 6,869 |  |  |
Total Cost, Net of Accumulated Depreciation | 24,914 | 25,730 |  |
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 | 5,247 |  |  |
Total Cost |  |  |  |
Land | 13,950 |  |  |
Building / Construction in Progress & Improvements | 25,458 |  |  |
Total | 39,408 |  |  |
Accumulated Depreciation | 9,933 |  |  |
Total Cost, Net of Accumulated Depreciation | 29,475 | 30,784 |  |
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 | 12,883 |  |  |
Total Cost |  |  |  |
Land | 18,940 |  |  |
Building / Construction in Progress & Improvements | 56,544 |  |  |
Total | 75,484 |  |  |
Accumulated Depreciation | 16,799 |  |  |
Total Cost, Net of Accumulated Depreciation | 58,685 | 60,126 |  |
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 | 90,048 |  |  |
Total Cost |  |  |  |
Land | 86,450 |  |  |
Building / Construction in Progress & Improvements | 251,304 |  |  |
Total | 337,754 |  |  |
Accumulated Depreciation | 66,816 |  |  |
Total Cost, Net of Accumulated Depreciation | 270,938 | 279,477 |  |
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 | 17,757 |  |  |
Total Cost |  |  |  |
Land | 68,940 |  |  |
Building / Construction in Progress & Improvements | 108,306 |  |  |
Total | 177,246 |  |  |
Accumulated Depreciation | 38,484 |  |  |
Total Cost, Net of Accumulated Depreciation | 138,762 | 138,107 |  |
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 | 2,714 |  |  |
Total Cost |  |  |  |
Land | 12,810 |  |  |
Building / Construction in Progress & Improvements | 25,295 |  |  |
Total | 38,105 |  |  |
Accumulated Depreciation | 9,238 |  |  |
Total Cost, Net of Accumulated Depreciation | 28,867 | 29,749 |  |
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 | 6,801 |  |  |
Total Cost |  |  |  |
Land | 10,240 |  |  |
Building / Construction in Progress & Improvements | 38,359 |  |  |
Total | 48,599 |  |  |
Accumulated Depreciation | 11,400 |  |  |
Total Cost, Net of Accumulated Depreciation | 37,199 | 38,562 |  |
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 | 36,469 |  |  |
Total Cost |  |  |  |
Land | 17,658 |  |  |
Building / Construction in Progress & Improvements | 127,184 |  |  |
Total | 144,842 |  |  |
Accumulated Depreciation | 34,710 |  |  |
Total Cost, Net of Accumulated Depreciation | 110,132 | 113,607 |  |
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 | 10,040 |  |  |
Total Cost |  |  |  |
Land | 1,975 |  |  |
Building / Construction in Progress & Improvements | 13,854 |  |  |
Total | 15,829 |  |  |
Accumulated Depreciation | 8,415 |  |  |
Total Cost, Net of Accumulated Depreciation | 7,414 | 7,797 |  |
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 | 4,453 |  |  |
Total Cost |  |  |  |
Land | 2,517 |  |  |
Building / Construction in Progress & Improvements | 13,710 |  |  |
Total | 16,227 |  |  |
Accumulated Depreciation | 10,312 |  |  |
Total Cost, Net of Accumulated Depreciation | 5,915 | 6,066 |  |
Encumbrances | $ 0 |  |  |
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 | 13,852 |  |  |
Total Cost |  |  |  |
Land | 4,709 |  |  |
Building / Construction in Progress & Improvements | 29,915 |  |  |
Total | 34,624 |  |  |
Accumulated Depreciation | 19,944 |  |  |
Total Cost, Net of Accumulated Depreciation | 14,680 | 15,673 |  |
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 | 11,940 |  |  |
Total Cost |  |  |  |
Land | 4,607 |  |  |
Building / Construction in Progress & Improvements | 28,851 |  |  |
Total | 33,458 |  |  |
Accumulated Depreciation | 18,974 |  |  |
Total Cost, Net of Accumulated Depreciation | 14,484 | 15,207 |  |
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 | 11,461 |  |  |
Total Cost |  |  |  |
Land | 4,871 |  |  |
Building / Construction in Progress & Improvements | 31,206 |  |  |
Total | 36,077 |  |  |
Accumulated Depreciation | 23,463 |  |  |
Total Cost, Net of Accumulated Depreciation | 12,614 | 13,657 |  |
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 | 2,555 |  |  |
Total Cost |  |  |  |
Land | 9,911 |  |  |
Building / Construction in Progress & Improvements | 70,075 |  |  |
Total | 79,986 |  |  |
Accumulated Depreciation | 26,972 |  |  |
Total Cost, Net of Accumulated Depreciation | 53,014 | 54,867 |  |
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 | 429 |  |  |
Total Cost |  |  |  |
Land | 4,358 |  |  |
Building / Construction in Progress & Improvements | 41,334 |  |  |
Total | 45,692 |  |  |
Accumulated Depreciation | 11,644 |  |  |
Total Cost, Net of Accumulated Depreciation | 34,048 | 35,396 |  |
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 | 4,411 |  |  |
Total Cost |  |  |  |
Land | 5,199 |  |  |
Building / Construction in Progress & Improvements | 25,545 |  |  |
Total | 30,744 |  |  |
Accumulated Depreciation | 8,928 |  |  |
Total Cost, Net of Accumulated Depreciation | 21,816 | 23,044 |  |
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 | 98,004 |  |  |
Costs Subsequent to Acquisition / Construction | 85 |  |  |
Total Cost |  |  |  |
Land | 31,689 |  |  |
Building / Construction in Progress & Improvements | 98,089 |  |  |
Total | 129,778 |  |  |
Accumulated Depreciation | 20,193 |  |  |
Total Cost, Net of Accumulated Depreciation | 109,585 | 113,169 |  |
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 | 65 |  |  |
Total Cost |  |  |  |
Land | 11,607 |  |  |
Building / Construction in Progress & Improvements | 44,038 |  |  |
Total | 55,645 |  |  |
Accumulated Depreciation | 7,663 |  |  |
Total Cost, Net of Accumulated Depreciation | 47,982 | 49,581 |  |
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 | 527 |  |  |
Total Cost |  |  |  |
Land | 13,055 |  |  |
Building / Construction in Progress & Improvements | 106,508 |  |  |
Total | 119,563 |  |  |
Accumulated Depreciation | 16,553 |  |  |
Total Cost, Net of Accumulated Depreciation | 103,010 | 106,776 |  |
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 | 42,504 |  |  |
Total Cost |  |  |  |
Land | 9,922 |  |  |
Building / Construction in Progress & Improvements | 83,084 |  |  |
Total | 93,006 |  |  |
Accumulated Depreciation | 49,934 |  |  |
Total Cost, Net of Accumulated Depreciation | 43,072 | 45,340 |  |
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 | 13,546 |  |  |
Total Cost |  |  |  |
Land | 2,710 |  |  |
Building / Construction in Progress & Improvements | 24,470 |  |  |
Total | 27,180 |  |  |
Accumulated Depreciation | 17,558 |  |  |
Total Cost, Net of Accumulated Depreciation | 9,622 | 10,471 |  |
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 | 25,170 |  |  |
Total Cost |  |  |  |
Land | 2,768 |  |  |
Building / Construction in Progress & Improvements | 45,304 |  |  |
Total | 48,072 |  |  |
Accumulated Depreciation | 28,143 |  |  |
Total Cost, Net of Accumulated Depreciation | 19,929 | 21,012 |  |
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 | 5,211 |  |  |
Total Cost |  |  |  |
Land | 3,277 |  |  |
Building / Construction in Progress & Improvements | 18,596 |  |  |
Total | 21,873 |  |  |
Accumulated Depreciation | 5,658 |  |  |
Total Cost, Net of Accumulated Depreciation | 16,215 | 16,800 |  |
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 | 5,901 |  |  |
Total Cost |  |  |  |
Land | 6,692 |  |  |
Building / Construction in Progress & Improvements | 33,044 |  |  |
Total | 39,736 |  |  |
Accumulated Depreciation | 11,105 |  |  |
Total Cost, Net of Accumulated Depreciation | 28,631 | 29,085 |  |
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 | 476 |  |  |
Total Cost |  |  |  |
Land | 12,689 |  |  |
Building / Construction in Progress & Improvements | 43,804 |  |  |
Total | 56,493 |  |  |
Accumulated Depreciation | 9,091 |  |  |
Total Cost, Net of Accumulated Depreciation | 47,402 | 48,862 |  |
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 | 3,338 |  |  |
Total Cost |  |  |  |
Land | 9,490 |  |  |
Building / Construction in Progress & Improvements | 31,820 |  |  |
Total | 41,310 |  |  |
Accumulated Depreciation | 11,666 |  |  |
Total Cost, Net of Accumulated Depreciation | 29,644 | 30,880 |  |
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 | 12,062 |  |  |
Total Cost |  |  |  |
Land | 16,760 |  |  |
Building / Construction in Progress & Improvements | 39,756 |  |  |
Total | 56,516 |  |  |
Accumulated Depreciation | 12,955 |  |  |
Total Cost, Net of Accumulated Depreciation | 43,561 | 45,624 |  |
Encumbrances | $ 0 |  |  |
Current Communities | Avalon 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 | 67,820 |  |  |
Costs Subsequent to Acquisition / Construction | 1,903 |  |  |
Total Cost |  |  |  |
Land | 8,047 |  |  |
Building / Construction in Progress & Improvements | 69,723 |  |  |
Total | 77,770 |  |  |
Accumulated Depreciation | 11,204 |  |  |
Total Cost, Net of Accumulated Depreciation | 66,566 | 69,273 |  |
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 | 4,134 |  |  |
Total Cost |  |  |  |
Land | 21,430 |  |  |
Building / Construction in Progress & Improvements | 118,219 |  |  |
Total | 139,649 |  |  |
Accumulated Depreciation | 17,589 |  |  |
Total Cost, Net of Accumulated Depreciation | 122,060 | 126,509 |  |
Encumbrances | $ 0 |  |  |
Current Communities | The Alexander & Alexander 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 | 3,286 |  |  |
Total Cost |  |  |  |
Land | 9,597 |  |  |
Building / Construction in Progress & Improvements | 94,236 |  |  |
Total | 103,833 |  |  |
Accumulated Depreciation | 10,934 |  |  |
Total Cost, Net of Accumulated Depreciation | 92,899 | 96,306 |  |
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 | $ 3,170 |  |  |
Building / Construction in Progress & Improvements | 60,837 |  |  |
Costs Subsequent to Acquisition / Construction | 134 |  |  |
Total Cost |  |  |  |
Land | 3,170 |  |  |
Building / Construction in Progress & Improvements | 60,971 |  |  |
Total | 64,141 |  |  |
Accumulated Depreciation | 8,059 |  |  |
Total Cost, Net of Accumulated Depreciation | 56,082 | 58,660 |  |
Encumbrances | $ 0 |  |  |
Boston, MA |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 8,421 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 291,544 |  |  |
Building / Construction in Progress & Improvements | 1,715,472 |  |  |
Costs Subsequent to Acquisition / Construction | 377,781 |  |  |
Total Cost |  |  |  |
Land | 291,544 |  |  |
Building / Construction in Progress & Improvements | 2,093,253 |  |  |
Total | 2,384,797 |  |  |
Accumulated Depreciation | 681,698 |  |  |
Total Cost, Net of Accumulated Depreciation | 1,703,099 | 1,766,853 |  |
Encumbrances | $ 81,399 |  |  |
Fairfield, CT |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 946 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 35,591 |  |  |
Building / Construction in Progress & Improvements | 171,567 |  |  |
Costs Subsequent to Acquisition / Construction | 25,770 |  |  |
Total Cost |  |  |  |
Land | 35,591 |  |  |
Building / Construction in Progress & Improvements | 197,337 |  |  |
Total | 232,928 |  |  |
Accumulated Depreciation | 87,161 |  |  |
Total Cost, Net of Accumulated Depreciation | 145,767 | 151,899 |  |
Encumbrances | $ 0 |  |  |
New England |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 9,367 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 327,135 |  |  |
Building / Construction in Progress & Improvements | 1,887,039 |  |  |
Costs Subsequent to Acquisition / Construction | 403,551 |  |  |
Total Cost |  |  |  |
Land | 327,135 |  |  |
Building / Construction in Progress & Improvements | 2,290,590 |  |  |
Total | 2,617,725 |  |  |
Accumulated Depreciation | 768,859 |  |  |
Total Cost, Net of Accumulated Depreciation | 1,848,866 | 1,918,752 |  |
Encumbrances | $ 81,399 |  |  |
New York City, NY |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 3,788 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 537,330 |  |  |
Building / Construction in Progress & Improvements | 1,268,976 |  |  |
Costs Subsequent to Acquisition / Construction | 104,616 |  |  |
Total Cost |  |  |  |
Land | 537,330 |  |  |
Building / Construction in Progress & Improvements | 1,373,592 |  |  |
Total | 1,910,922 |  |  |
Accumulated Depreciation | 420,655 |  |  |
Total Cost, Net of Accumulated Depreciation | 1,490,267 | 1,530,637 |  |
Encumbrances | $ 362,000 |  |  |
New York - Suburban |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 3,970 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 250,431 |  |  |
Building / Construction in Progress & Improvements | 855,186 |  |  |
Costs Subsequent to Acquisition / Construction | 74,987 |  |  |
Total Cost |  |  |  |
Land | 250,431 |  |  |
Building / Construction in Progress & Improvements | 930,173 |  |  |
Total | 1,180,604 |  |  |
Accumulated Depreciation | 340,678 |  |  |
Total Cost, Net of Accumulated Depreciation | 839,926 | 870,381 |  |
Encumbrances | $ 74,370 |  |  |
New Jersey |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 5,017 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 200,958 |  |  |
Building / Construction in Progress & Improvements | 834,570 |  |  |
Costs Subsequent to Acquisition / Construction | 108,470 |  |  |
Total Cost |  |  |  |
Land | 200,958 |  |  |
Building / Construction in Progress & Improvements | 943,040 |  |  |
Total | 1,143,998 |  |  |
Accumulated Depreciation | 330,039 |  |  |
Total Cost, Net of Accumulated Depreciation | 813,959 | 843,603 |  |
Encumbrances | $ 0 |  |  |
Metro NY/NJ |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 12,775 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 988,719 |  |  |
Building / Construction in Progress & Improvements | 2,958,732 |  |  |
Costs Subsequent to Acquisition / Construction | 288,073 |  |  |
Total Cost |  |  |  |
Land | 988,719 |  |  |
Building / Construction in Progress & Improvements | 3,246,805 |  |  |
Total | 4,235,524 |  |  |
Accumulated Depreciation | 1,091,372 |  |  |
Total Cost, Net of Accumulated Depreciation | 3,144,152 | 3,244,621 |  |
Encumbrances | $ 436,370 |  |  |
Mid-Atlantic |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 13,494 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 752,909 |  |  |
Building / Construction in Progress & Improvements | 2,460,097 |  |  |
Costs Subsequent to Acquisition / Construction | 298,954 |  |  |
Total Cost |  |  |  |
Land | 752,909 |  |  |
Building / Construction in Progress & Improvements | 2,759,051 |  |  |
Total | 3,511,960 |  |  |
Accumulated Depreciation | 893,884 |  |  |
Total Cost, Net of Accumulated Depreciation | 2,618,076 | 2,697,160 |  |
Encumbrances | $ 32,200 |  |  |
Pacific Northwest |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 4,116 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 154,512 |  |  |
Building / Construction in Progress & Improvements | 796,103 |  |  |
Costs Subsequent to Acquisition / Construction | 45,702 |  |  |
Total Cost |  |  |  |
Land | 154,512 |  |  |
Building / Construction in Progress & Improvements | 841,805 |  |  |
Total | 996,317 |  |  |
Accumulated Depreciation | 280,758 |  |  |
Total Cost, Net of Accumulated Depreciation | 715,559 | 741,202 |  |
Encumbrances | $ 0 |  |  |
San Jose, CA |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 3,840 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 206,175 |  |  |
Building / Construction in Progress & Improvements | 635,574 |  |  |
Costs Subsequent to Acquisition / Construction | 156,273 |  |  |
Total Cost |  |  |  |
Land | 206,175 |  |  |
Building / Construction in Progress & Improvements | 791,847 |  |  |
Total | 998,022 |  |  |
Accumulated Depreciation | 423,824 |  |  |
Total Cost, Net of Accumulated Depreciation | 574,198 | 598,106 |  |
Encumbrances | $ 0 |  |  |
Oakland - East Bay, CA |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 3,847 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 140,598 |  |  |
Building / Construction in Progress & Improvements | 742,550 |  |  |
Costs Subsequent to Acquisition / Construction | 107,534 |  |  |
Total Cost |  |  |  |
Land | 140,598 |  |  |
Building / Construction in Progress & Improvements | 850,084 |  |  |
Total | 990,682 |  |  |
Accumulated Depreciation | 343,081 |  |  |
Total Cost, Net of Accumulated Depreciation | 647,601 | 671,994 |  |
Encumbrances | $ 4,001 |  |  |
San Francisco, CA |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 3,267 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 229,686 |  |  |
Building / Construction in Progress & Improvements | 893,301 |  |  |
Costs Subsequent to Acquisition / Construction | 90,235 |  |  |
Total Cost |  |  |  |
Land | 229,686 |  |  |
Building / Construction in Progress & Improvements | 983,536 |  |  |
Total | 1,213,222 |  |  |
Accumulated Depreciation | 352,220 |  |  |
Total Cost, Net of Accumulated Depreciation | 861,002 | 893,771 |  |
Encumbrances | $ 142,694 |  |  |
Northern California |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 10,954 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 576,459 |  |  |
Building / Construction in Progress & Improvements | 2,271,425 |  |  |
Costs Subsequent to Acquisition / Construction | 354,042 |  |  |
Total Cost |  |  |  |
Land | 576,459 |  |  |
Building / Construction in Progress & Improvements | 2,625,467 |  |  |
Total | 3,201,926 |  |  |
Accumulated Depreciation | 1,119,125 |  |  |
Total Cost, Net of Accumulated Depreciation | 2,082,801 | 2,163,871 |  |
Encumbrances | $ 146,695 |  |  |
Los Angeles, CA |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 11,492 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 725,638 |  |  |
Building / Construction in Progress & Improvements | 2,006,163 |  |  |
Costs Subsequent to Acquisition / Construction | 447,144 |  |  |
Total Cost |  |  |  |
Land | 725,638 |  |  |
Building / Construction in Progress & Improvements | 2,453,307 |  |  |
Total | 3,178,945 |  |  |
Accumulated Depreciation | 815,796 |  |  |
Total Cost, Net of Accumulated Depreciation | 2,363,149 | 2,435,256 |  |
Encumbrances | $ 152,900 |  |  |
Orange County, CA |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 2,821 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 94,498 |  |  |
Building / Construction in Progress & Improvements | 443,307 |  |  |
Costs Subsequent to Acquisition / Construction | 59,818 |  |  |
Total Cost |  |  |  |
Land | 94,498 |  |  |
Building / Construction in Progress & Improvements | 503,125 |  |  |
Total | 597,623 |  |  |
Accumulated Depreciation | 173,061 |  |  |
Total Cost, Net of Accumulated Depreciation | 424,562 | 441,233 |  |
Encumbrances | $ 0 |  |  |
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 | 108,208 |  |  |
Total Cost |  |  |  |
Land | 64,308 |  |  |
Building / Construction in Progress & Improvements | 319,878 |  |  |
Total | 384,186 |  |  |
Accumulated Depreciation | 146,110 |  |  |
Total Cost, Net of Accumulated Depreciation | 238,076 | 248,074 |  |
Encumbrances | $ 0 |  |  |
Southern California |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 16,379 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 884,444 |  |  |
Building / Construction in Progress & Improvements | 2,661,140 |  |  |
Costs Subsequent to Acquisition / Construction | 615,170 |  |  |
Total Cost |  |  |  |
Land | 884,444 |  |  |
Building / Construction in Progress & Improvements | 3,276,310 |  |  |
Total | 4,160,754 |  |  |
Accumulated Depreciation | 1,134,967 |  |  |
Total Cost, Net of Accumulated Depreciation | 3,025,787 | 3,124,563 |  |
Encumbrances | $ 152,900 |  |  |
Denver, CO |  |  |  |
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 | 67,820 |  |  |
Costs Subsequent to Acquisition / Construction | 1,903 |  |  |
Total Cost |  |  |  |
Land | 8,047 |  |  |
Building / Construction in Progress & Improvements | 69,723 |  |  |
Total | 77,770 |  |  |
Accumulated Depreciation | 11,204 |  |  |
Total Cost, Net of Accumulated Depreciation | 66,566 | 69,273 |  |
Encumbrances | $ 0 |  |  |
Southeast Florida |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 660 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 31,027 |  |  |
Building / Construction in Progress & Improvements | 205,035 |  |  |
Costs Subsequent to Acquisition / Construction | 7,420 |  |  |
Total Cost |  |  |  |
Land | 31,027 |  |  |
Building / Construction in Progress & Improvements | 212,455 |  |  |
Total | 243,482 |  |  |
Accumulated Depreciation | 28,523 |  |  |
Total Cost, Net of Accumulated Depreciation | 214,959 | 222,815 |  |
Encumbrances | $ 0 |  |  |
Expansion Markets |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 912 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 39,074 |  |  |
Building / Construction in Progress & Improvements | 272,855 |  |  |
Costs Subsequent to Acquisition / Construction | 9,323 |  |  |
Total Cost |  |  |  |
Land | 39,074 |  |  |
Building / Construction in Progress & Improvements | 282,178 |  |  |
Total | 321,252 |  |  |
Accumulated Depreciation | 39,727 |  |  |
Total Cost, Net of Accumulated Depreciation | 281,525 | 292,088 |  |
Encumbrances | $ 0 |  |  |
Established Communities |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 67,997 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 3,723,252 |  |  |
Building / Construction in Progress & Improvements | 13,307,391 |  |  |
Costs Subsequent to Acquisition / Construction | 2,014,815 |  |  |
Total Cost |  |  |  |
Land | 3,723,252 |  |  |
Building / Construction in Progress & Improvements | 15,322,206 |  |  |
Total | 19,045,458 |  |  |
Accumulated Depreciation | 5,328,692 |  |  |
Total Cost, Net of Accumulated Depreciation | 13,716,766 | 14,182,257 |  |
Encumbrances | $ 849,564 |  |  |
Lease-Up Communities |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 2,999 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 150,887 |  |  |
Building / Construction in Progress & Improvements | 932,324 |  |  |
Costs Subsequent to Acquisition / Construction | 3,335 |  |  |
Total Cost |  |  |  |
Land | 150,887 |  |  |
Building / Construction in Progress & Improvements | 935,659 |  |  |
Total | 1,086,546 |  |  |
Accumulated Depreciation | 34,373 |  |  |
Total Cost, Net of Accumulated Depreciation | 1,052,173 | 954,196 |  |
Encumbrances | $ 0 |  |  |
Lease-Up Communities | Avalon Public Market [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 289 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 27,390 |  |  |
Building / Construction in Progress & Improvements | 142,843 |  |  |
Costs Subsequent to Acquisition / Construction | 11 |  |  |
Total Cost |  |  |  |
Land | 27,390 |  |  |
Building / Construction in Progress & Improvements | 142,854 |  |  |
Total | 170,244 |  |  |
Accumulated Depreciation | 5,037 |  |  |
Total Cost, Net of Accumulated Depreciation | 165,207 | 152,921 |  |
Encumbrances | $ 0 |  |  |
Lease-Up 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 | $ 1,663 |  |  |
Building / Construction in Progress & Improvements | 109,026 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 1,663 |  |  |
Building / Construction in Progress & Improvements | 109,026 |  |  |
Total | 110,689 |  |  |
Accumulated Depreciation | 1,188 |  |  |
Total Cost, Net of Accumulated Depreciation | 109,501 | 86,978 |  |
Encumbrances | $ 0 |  |  |
Lease-Up Communities | Avalon Doral [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 350 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 21,884 |  |  |
Building / Construction in Progress & Improvements | 88,245 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 21,884 |  |  |
Building / Construction in Progress & Improvements | 88,245 |  |  |
Total | 110,129 |  |  |
Accumulated Depreciation | 808 |  |  |
Total Cost, Net of Accumulated Depreciation | 109,321 | 82,807 |  |
Encumbrances | $ 0 |  |  |
Lease-Up Communities | Avalon Saugus [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 280 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 17,801 |  |  |
Building / Construction in Progress & Improvements | 72,460 |  |  |
Costs Subsequent to Acquisition / Construction | 1,068 |  |  |
Total Cost |  |  |  |
Land | 17,801 |  |  |
Building / Construction in Progress & Improvements | 73,528 |  |  |
Total | 91,329 |  |  |
Accumulated Depreciation | 4,361 |  |  |
Total Cost, Net of Accumulated Depreciation | 86,968 | 87,955 |  |
Encumbrances | $ 0 |  |  |
Lease-Up Communities | Avalon Norwood [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 198 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,436 |  |  |
Building / Construction in Progress & Improvements | 50,958 |  |  |
Costs Subsequent to Acquisition / Construction | 933 |  |  |
Total Cost |  |  |  |
Land | 9,436 |  |  |
Building / Construction in Progress & Improvements | 51,891 |  |  |
Total | 61,327 |  |  |
Accumulated Depreciation | 2,378 |  |  |
Total Cost, Net of Accumulated Depreciation | 58,949 | 57,590 |  |
Encumbrances | $ 0 |  |  |
Lease-Up Communities | Avalon Marlborough II [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 123 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 5,522 |  |  |
Building / Construction in Progress & Improvements | 34,594 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 5,522 |  |  |
Building / Construction in Progress & Improvements | 34,594 |  |  |
Total | 40,116 |  |  |
Accumulated Depreciation | 326 |  |  |
Total Cost, Net of Accumulated Depreciation | 39,790 | 15,293 |  |
Encumbrances | $ 0 |  |  |
Lease-Up Communities | Avalon Towson [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 371 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 12,876 |  |  |
Building / Construction in Progress & Improvements | 95,269 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 12,876 |  |  |
Building / Construction in Progress & Improvements | 95,269 |  |  |
Total | 108,145 |  |  |
Accumulated Depreciation | 1,657 |  |  |
Total Cost, Net of Accumulated Depreciation | 106,488 | 86,409 |  |
Encumbrances | $ 0 |  |  |
Lease-Up Communities | Avalon Boonton [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 350 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 3,592 |  |  |
Building / Construction in Progress & Improvements | 88,933 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 3,592 |  |  |
Building / Construction in Progress & Improvements | 88,933 |  |  |
Total | 92,525 |  |  |
Accumulated Depreciation | 5,219 |  |  |
Total Cost, Net of Accumulated Depreciation | 87,306 | 89,741 |  |
Encumbrances | $ 0 |  |  |
Lease-Up Communities | Avalon Teaneck [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 248 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 12,587 |  |  |
Building / Construction in Progress & Improvements | 59,929 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 12,587 |  |  |
Building / Construction in Progress & Improvements | 59,929 |  |  |
Total | 72,516 |  |  |
Accumulated Depreciation | 2,916 |  |  |
Total Cost, Net of Accumulated Depreciation | 69,600 | 70,333 |  |
Encumbrances | $ 0 |  |  |
Lease-Up Communities | Avalon Belltown Towers [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 274 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 24,638 |  |  |
Building / Construction in Progress & Improvements | 121,065 |  |  |
Costs Subsequent to Acquisition / Construction | 1,323 |  |  |
Total Cost |  |  |  |
Land | 24,638 |  |  |
Building / Construction in Progress & Improvements | 122,388 |  |  |
Total | 147,026 |  |  |
Accumulated Depreciation | 6,838 |  |  |
Total Cost, Net of Accumulated Depreciation | 140,188 | 144,328 |  |
Encumbrances | $ 0 |  |  |
Lease-Up Communities | Avalon North Creek [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 316 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 13,498 |  |  |
Building / Construction in Progress & Improvements | 69,002 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 13,498 |  |  |
Building / Construction in Progress & Improvements | 69,002 |  |  |
Total | 82,500 |  |  |
Accumulated Depreciation | 3,645 |  |  |
Total Cost, Net of Accumulated Depreciation | 78,855 | 79,841 |  |
Encumbrances | $ 0 |  |  |
Redevelopment Communities |  |  |  |
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 | 19,199 |  |  |
Total Cost |  |  |  |
Land | 7,291 |  |  |
Building / Construction in Progress & Improvements | 48,376 |  |  |
Total | 55,667 |  |  |
Accumulated Depreciation | 33,782 |  |  |
Total Cost, Net of Accumulated Depreciation | 21,885 | 20,825 |  |
Encumbrances | $ 0 |  |  |
Redevelopment 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 | 19,199 |  |  |
Total Cost |  |  |  |
Land | 7,291 |  |  |
Building / Construction in Progress & Improvements | 48,376 |  |  |
Total | 55,667 |  |  |
Accumulated Depreciation | 33,782 |  |  |
Total Cost, Net of Accumulated Depreciation | 21,885 | 20,825 |  |
Encumbrances | $ 0 |  |  |
Other Stabilized Communities |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 5,635 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 322,984 |  |  |
Building / Construction in Progress & Improvements | 1,180,727 |  |  |
Costs Subsequent to Acquisition / Construction | 134,285 |  |  |
Total Cost |  |  |  |
Land | 322,984 |  |  |
Building / Construction in Progress & Improvements | 1,315,012 |  |  |
Total | 1,637,996 |  |  |
Accumulated Depreciation | 262,006 |  |  |
Total Cost, Net of Accumulated Depreciation | 1,375,990 | 1,424,938 |  |
Encumbrances | $ 30,250 |  |  |
Other Stabilized Communities | Avalon Cerritos [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 132 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 8,869 |  |  |
Building / Construction in Progress & Improvements | 51,452 |  |  |
Costs Subsequent to Acquisition / Construction | 611 |  |  |
Total Cost |  |  |  |
Land | 8,869 |  |  |
Building / Construction in Progress & Improvements | 52,063 |  |  |
Total | 60,932 |  |  |
Accumulated Depreciation | 4,106 |  |  |
Total Cost, Net of Accumulated Depreciation | 56,826 | 58,779 |  |
Encumbrances | $ 30,250 |  |  |
Other Stabilized 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 | 13,434 |  |  |
Total Cost |  |  |  |
Land | 90,890 |  |  |
Building / Construction in Progress & Improvements | 145,474 |  |  |
Total | 236,364 |  |  |
Accumulated Depreciation | 48,144 |  |  |
Total Cost, Net of Accumulated Depreciation | 188,220 | 191,439 |  |
Encumbrances | $ 0 |  |  |
Other Stabilized 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 | 37,814 |  |  |
Total Cost |  |  |  |
Land | 46,790 |  |  |
Building / Construction in Progress & Improvements | 137,813 |  |  |
Total | 184,603 |  |  |
Accumulated Depreciation | 36,618 |  |  |
Total Cost, Net of Accumulated Depreciation | 147,985 | 151,864 |  |
Encumbrances | $ 0 |  |  |
Other Stabilized 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 | 14,991 |  |  |
Total Cost |  |  |  |
Land | 5,956 |  |  |
Building / Construction in Progress & Improvements | 38,984 |  |  |
Total | 44,940 |  |  |
Accumulated Depreciation | 28,261 |  |  |
Total Cost, Net of Accumulated Depreciation | 16,679 | 17,338 |  |
Encumbrances |  |  |  |
Other Stabilized Communities | Avalon Meadows at Castle Rock |  |  |  |
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 | 64,564 |  |  |
Costs Subsequent to Acquisition / Construction | 816 |  |  |
Total Cost |  |  |  |
Land | 8,527 |  |  |
Building / Construction in Progress & Improvements | 65,380 |  |  |
Total | 73,907 |  |  |
Accumulated Depreciation | 7,177 |  |  |
Total Cost, Net of Accumulated Depreciation | 66,730 | 69,266 |  |
Encumbrances | $ 0 |  |  |
Other Stabilized Communities | Avalon 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 | 70,111 |  |  |
Costs Subsequent to Acquisition / Construction | 1,494 |  |  |
Total Cost |  |  |  |
Land | 4,461 |  |  |
Building / Construction in Progress & Improvements | 71,605 |  |  |
Total | 76,066 |  |  |
Accumulated Depreciation | 8,324 |  |  |
Total Cost, Net of Accumulated Depreciation | 67,742 | 70,604 |  |
Encumbrances | $ 0 |  |  |
Other Stabilized Communities | Avalon Southlands [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 338 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 5,101 |  |  |
Building / Construction in Progress & Improvements | 85,184 |  |  |
Costs Subsequent to Acquisition / Construction | 1,534 |  |  |
Total Cost |  |  |  |
Land | 5,101 |  |  |
Building / Construction in Progress & Improvements | 86,718 |  |  |
Total | 91,819 |  |  |
Accumulated Depreciation | 8,763 |  |  |
Total Cost, Net of Accumulated Depreciation | 83,056 | 86,815 |  |
Encumbrances | $ 0 |  |  |
Other Stabilized Communities | Avalon Bonterra [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 314 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 16,655 |  |  |
Building / Construction in Progress & Improvements | 70,822 |  |  |
Costs Subsequent to Acquisition / Construction | 2,585 |  |  |
Total Cost |  |  |  |
Land | 16,655 |  |  |
Building / Construction in Progress & Improvements | 73,407 |  |  |
Total | 90,062 |  |  |
Accumulated Depreciation | 7,437 |  |  |
Total Cost, Net of Accumulated Depreciation | 82,625 | 86,934 |  |
Encumbrances | $ 0 |  |  |
Other Stabilized Communities | Avalon Toscana [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 240 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 9,213 |  |  |
Building / Construction in Progress & Improvements | 49,705 |  |  |
Costs Subsequent to Acquisition / Construction | 1,464 |  |  |
Total Cost |  |  |  |
Land | 9,213 |  |  |
Building / Construction in Progress & Improvements | 51,169 |  |  |
Total | 60,382 |  |  |
Accumulated Depreciation | 3,841 |  |  |
Total Cost, Net of Accumulated Depreciation | 56,541 | 60,217 |  |
Encumbrances | $ 0 |  |  |
Other Stabilized 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 | $ 8,998 |  |  |
Building / Construction in Progress & Improvements | 55,358 |  |  |
Costs Subsequent to Acquisition / Construction | 16 |  |  |
Total Cost |  |  |  |
Land | 8,998 |  |  |
Building / Construction in Progress & Improvements | 55,374 |  |  |
Total | 64,372 |  |  |
Accumulated Depreciation | 4,553 |  |  |
Total Cost, Net of Accumulated Depreciation | 59,819 | 61,335 |  |
Encumbrances | $ 0 |  |  |
Other Stabilized Communities | Avalon Sudbury [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 250 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 20,248 |  |  |
Building / Construction in Progress & Improvements | 66,544 |  |  |
Costs Subsequent to Acquisition / Construction | 33 |  |  |
Total Cost |  |  |  |
Land | 20,248 |  |  |
Building / Construction in Progress & Improvements | 66,577 |  |  |
Total | 86,825 |  |  |
Accumulated Depreciation | 5,944 |  |  |
Total Cost, Net of Accumulated Depreciation | 80,881 | 83,537 |  |
Encumbrances | $ 0 |  |  |
Other Stabilized Communities | AVA North Point |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 265 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 31,263 |  |  |
Building / Construction in Progress & Improvements | 81,196 |  |  |
Costs Subsequent to Acquisition / Construction | 2,645 |  |  |
Total Cost |  |  |  |
Land | 31,263 |  |  |
Building / Construction in Progress & Improvements | 83,841 |  |  |
Total | 115,104 |  |  |
Accumulated Depreciation | 6,120 |  |  |
Total Cost, Net of Accumulated Depreciation | 108,984 | 115,009 |  |
Encumbrances |  |  |  |
Other Stabilized Communities | Portico at Silver Spring Metro [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 151 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 3,471 |  |  |
Building / Construction in Progress & Improvements | 41,393 |  |  |
Costs Subsequent to Acquisition / Construction | 900 |  |  |
Total Cost |  |  |  |
Land | 3,471 |  |  |
Building / Construction in Progress & Improvements | 42,293 |  |  |
Total | 45,764 |  |  |
Accumulated Depreciation | 3,040 |  |  |
Total Cost, Net of Accumulated Depreciation | 42,724 | 43,078 |  |
Encumbrances | $ 0 |  |  |
Other Stabilized Communities | Avalon Piscataway [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 360 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 14,329 |  |  |
Building / Construction in Progress & Improvements | 75,738 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 14,329 |  |  |
Building / Construction in Progress & Improvements | 75,738 |  |  |
Total | 90,067 |  |  |
Accumulated Depreciation | 6,093 |  |  |
Total Cost, Net of Accumulated Depreciation | 83,974 | 86,843 |  |
Encumbrances | $ 0 |  |  |
Other Stabilized Communities | Avalon Melville [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 | 22,903 |  |  |
Total Cost |  |  |  |
Land | 9,228 |  |  |
Building / Construction in Progress & Improvements | 72,966 |  |  |
Total | 82,194 |  |  |
Accumulated Depreciation | 44,437 |  |  |
Total Cost, Net of Accumulated Depreciation | 37,757 | 40,879 |  |
Encumbrances | $ 0 |  |  |
Other Stabilized Communities | AVA Esterra Park [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 323 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 16,405 |  |  |
Building / Construction in Progress & Improvements | 74,564 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 16,405 |  |  |
Building / Construction in Progress & Improvements | 74,564 |  |  |
Total | 90,969 |  |  |
Accumulated Depreciation | 5,124 |  |  |
Total Cost, Net of Accumulated Depreciation | 85,845 | 88,859 |  |
Encumbrances | $ 0 |  |  |
Other Stabilized 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 | 33,045 |  |  |
Total Cost |  |  |  |
Land | 22,580 |  |  |
Building / Construction in Progress & Improvements | 121,046 |  |  |
Total | 143,626 |  |  |
Accumulated Depreciation | 34,024 |  |  |
Total Cost, Net of Accumulated Depreciation | 109,602 | 112,142 |  |
Encumbrances | $ 0 |  |  |
Development Communities |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 5,128 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 188,026 |  |  |
Building / Construction in Progress & Improvements | 527,156 |  |  |
Costs Subsequent to Acquisition / Construction | 929,514 |  |  |
Total Cost |  |  |  |
Land | 188,026 |  |  |
Building / Construction in Progress & Improvements | 1,456,670 |  |  |
Total | 1,644,696 |  |  |
Accumulated Depreciation | 13,312 |  |  |
Total Cost, Net of Accumulated Depreciation | 1,631,384 | 1,067,278 |  |
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 | $ 81,731 |  |  |
Building / Construction in Progress & Improvements | 228,194 |  |  |
Costs Subsequent to Acquisition / Construction | 59,491 |  |  |
Total Cost |  |  |  |
Land | 81,731 |  |  |
Building / Construction in Progress & Improvements | 287,685 |  |  |
Total | 369,416 |  |  |
Accumulated Depreciation | 5,682 |  |  |
Total Cost, Net of Accumulated Depreciation | 363,734 | 325,576 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Brea Place [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 653 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 2,011 |  |  |
Costs Subsequent to Acquisition / Construction | 200,834 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 202,845 |  |  |
Total | 202,845 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 202,845 | 112,025 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Monrovia [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 154 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 405 |  |  |
Costs Subsequent to Acquisition / Construction | 46,166 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 46,571 |  |  |
Total | 46,571 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 46,571 | 15,830 |  |
Encumbrances | $ 0 |  |  |
Development Communities | AVA RiNo [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 246 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 34 |  |  |
Costs Subsequent to Acquisition / Construction | 49,245 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 49,279 |  |  |
Total | 49,279 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 49,279 | 18,226 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Acton II [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 86 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 1,159 |  |  |
Building / Construction in Progress & Improvements | 19,741 |  |  |
Costs Subsequent to Acquisition / Construction | 8,032 |  |  |
Total Cost |  |  |  |
Land | 1,159 |  |  |
Building / Construction in Progress & Improvements | 27,773 |  |  |
Total | 28,932 |  |  |
Accumulated Depreciation | 129 |  |  |
Total Cost, Net of Accumulated Depreciation | 28,803 | 4,474 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Easton 2 |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 44 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 0 |  |  |
Costs Subsequent to Acquisition / Construction | 2,589 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 2,589 |  |  |
Total | 2,589 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 2,589 |  |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Woburn [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 | 52 |  |  |
Costs Subsequent to Acquisition / Construction | 67,850 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 67,902 |  |  |
Total | 67,902 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 67,902 | 29,689 |  |
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 | $ 1,537 |  |  |
Building / Construction in Progress & Improvements | 10,336 |  |  |
Costs Subsequent to Acquisition / Construction | 46,506 |  |  |
Total Cost |  |  |  |
Land | 1,537 |  |  |
Building / Construction in Progress & Improvements | 56,842 |  |  |
Total | 58,379 |  |  |
Accumulated Depreciation | 31 |  |  |
Total Cost, Net of Accumulated Depreciation | 58,348 | 30,788 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon East Harbor [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 400 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 3,387 |  |  |
Building / Construction in Progress & Improvements | 34,696 |  |  |
Costs Subsequent to Acquisition / Construction | 87,836 |  |  |
Total Cost |  |  |  |
Land | 3,387 |  |  |
Building / Construction in Progress & Improvements | 122,532 |  |  |
Total | 125,919 |  |  |
Accumulated Depreciation | 198 |  |  |
Total Cost, Net of Accumulated Depreciation | 125,721 | 86,367 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Foundry Row [Member] |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 437 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 2,011 |  |  |
Costs Subsequent to Acquisition / Construction | 77,227 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 79,238 |  |  |
Total | 79,238 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 79,238 | 21,480 |  |
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 | $ 3,008 |  |  |
Building / Construction in Progress & Improvements | 28,990 |  |  |
Costs Subsequent to Acquisition / Construction | 31,299 |  |  |
Total Cost |  |  |  |
Land | 3,008 |  |  |
Building / Construction in Progress & Improvements | 60,289 |  |  |
Total | 63,297 |  |  |
Accumulated Depreciation | 244 |  |  |
Total Cost, Net of Accumulated Depreciation | 63,053 | 35,463 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Somerville Station |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 375 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 0 |  |  |
Costs Subsequent to Acquisition / Construction | 25,385 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 25,385 |  |  |
Total | 25,385 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 25,385 |  |  |
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 | $ 19,500 |  |  |
Building / Construction in Progress & Improvements | 117,593 |  |  |
Costs Subsequent to Acquisition / Construction | 68,889 |  |  |
Total Cost |  |  |  |
Land | 19,500 |  |  |
Building / Construction in Progress & Improvements | 186,482 |  |  |
Total | 205,982 |  |  |
Accumulated Depreciation | 3,321 |  |  |
Total Cost, Net of Accumulated Depreciation | 202,661 | 165,749 |  |
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 | 38,436 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 38,436 |  |  |
Total | 38,436 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 38,436 | 26,158 |  |
Encumbrances | $ 0 |  |  |
Development Communities | Avalon Harbor Isle |  |  |  |
Real Estate and Accumulated Depreciation |  |  |  |
Number of apartment homes in communities owned | home | 172 |  |  |
Initial Cost |  |  |  |
Land and improvements | $ 0 |  |  |
Building / Construction in Progress & Improvements | 0 |  |  |
Costs Subsequent to Acquisition / Construction | 27,163 |  |  |
Total Cost |  |  |  |
Land | 0 |  |  |
Building / Construction in Progress & Improvements | 27,163 |  |  |
Total | 27,163 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 27,163 |  |  |
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 | $ 310 |  |  |
Building / Construction in Progress & Improvements | 6,807 |  |  |
Costs Subsequent to Acquisition / Construction | 92,566 |  |  |
Total Cost |  |  |  |
Land | 310 |  |  |
Building / Construction in Progress & Improvements | 99,373 |  |  |
Total | 99,683 |  |  |
Accumulated Depreciation | 14 |  |  |
Total Cost, Net of Accumulated Depreciation | 99,669 | 43,966 |  |
Encumbrances | 0 |  |  |
Development Communities | The Park Loggia [Member] |  |  |  |
Initial Cost |  |  |  |
Land and improvements | 77,394 |  |  |
Building / Construction in Progress & Improvements | 76,286 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 77,394 |  |  |
Building / Construction in Progress & Improvements | 76,286 |  |  |
Total | 153,680 |  |  |
Accumulated Depreciation | 3,693 |  |  |
Total Cost, Net of Accumulated Depreciation | 149,987 | 151,487 |  |
Encumbrances | 0 |  |  |
Land Held for Development |  |  |  |
Initial Cost |  |  |  |
Land and improvements | 110,142 |  |  |
Building / Construction in Progress & Improvements | 0 |  |  |
Costs Subsequent to Acquisition / Construction | 0 |  |  |
Total Cost |  |  |  |
Land | 110,142 |  |  |
Building / Construction in Progress & Improvements | 0 |  |  |
Total | 110,142 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 110,142 | 0 |  |
Encumbrances | 0 |  |  |
Corporate overhead |  |  |  |
Initial Cost |  |  |  |
Land and improvements | 7,814 |  |  |
Building / Construction in Progress & Improvements | 11,414 |  |  |
Costs Subsequent to Acquisition / Construction | 95,270 |  |  |
Total Cost |  |  |  |
Land | 7,814 |  |  |
Building / Construction in Progress & Improvements | 106,684 |  |  |
Total | 114,498 |  |  |
Accumulated Depreciation | 56,275 |  |  |
Total Cost, Net of Accumulated Depreciation | 58,223 | 45,115 |  |
Encumbrances | 6,750,000 |  |  |
For-Sale Condominium Inventory |  |  |  |
Initial Cost |  |  |  |
Land and improvements | 131,934 |  |  |
Building / Construction in Progress & Improvements | 233,794 |  |  |
Costs Subsequent to Acquisition / Construction | (98,509) |  |  |
Total Cost |  |  |  |
Land | 131,934 |  |  |
Building / Construction in Progress & Improvements | 135,285 |  |  |
Total | 267,219 |  |  |
Accumulated Depreciation | 0 |  |  |
Total Cost, Net of Accumulated Depreciation | 267,219 | 457,809 |  |
Encumbrances | 0 |  |  |
2020 Disposals |  |  |  |
Total Cost |  |  |  |
Total Cost, Net of Accumulated Depreciation |  | $ 280,571 |  |
Unsecured notes |  |  |  |
Total Cost |  |  |  |
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | 47,995 |  |  |
Secured notes |  |  |  |
Total Cost |  |  |  |
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | $ 17,482 |  |  |

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