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Investments (Tables) | 12 Months Ended
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Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract] |
Summary of Details Regarding Acquired Communities | Details regarding communities acquired in 2024, 2023 and 2022, are summarized in the following table (dollars in thousands):
Community name |  | Location |  | Number of communities |  | Apartment homes |  | Purchase price |  | Commercial square feet
Avalon at Pier 121 |  | Lewisville, TX |  | 1 |  |  | 300 |  |  | $ | 62,100 |  |  | — |
Avalon Perimeter Park |  | Morrisville, NC |  | 1 |  |  | 262 |  |  | 66,500 |  |  | — |
Avalon Cherry Hills |  | Englewood, CO |  | 1 |  |  | 306 |  |  | 95,000 |  |  | — |
AVA Balboa Park |  | San Diego, CA |  | 1 |  |  | 100 |  |  | 51,000 |  |  | 1,700 |
Avalon Townhomes at Bee Cave |  | Bee Cave, TX |  | 1 |  |  | 126 |  |  | 49,000 |  |  | — |
Avalon Lowry |  | Denver, CO |  | 1 |  |  | 347 |  |  | 136,500 |  |  | — |
Total 2024 acquisitions |  |  |  | 6 |  |  | 1,441 |  |  | $ | 460,100 |  |  | 1,700 |
Total 2023 acquisitions |  |  |  | 3 |  |  | 1,131 |  |  | $ | 277,200 |  |  | — |
Total 2022 acquisitions |  |  |  | 4 |  |  | 1,313 |  |  | $ | 536,200 |  |  | 16,000 |

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- Definition Tabular disclosure of asset acquisition. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 50 -Name Accounting Standards Codification -Section 15 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480123/805-50-15-3 + Details
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