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Real Estate Disposition Activities (Details) ft² in Thousands, $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2024 USD ($) ft² home residential_condominium community | Sep. 30, 2024 USD ($) home | Jun. 30, 2024 USD ($) home | Dec. 31, 2024 USD ($) ft² community residential_condominium home | Dec. 31, 2023 USD ($) residential_condominium home ft² | Dec. 31, 2022 USD ($) home residential_condominium ft²
Summary of income from discontinued operations |  |  |  |  |  |
Gain on sale of communities |  |  |  | $ 363,300 | $ 287,424 | $ 555,558
Number of communities held for sale | community | 1 |  |  | 1 |  |
Number of residential condominiums sold | residential_condominium |  |  |  | 1 | 6 | 40
Other selling, general and administrative expense |  |  |  | $ 30 | $ 389 | $ 2,129
Number of residential condominiums remaining to be sold | residential_condominium | 1 |  |  | 1 |  |
Inventory, real estate | $ 2,743 |  |  | $ 2,743 | 6,603 |
The Park Loggia Commercial |  |  |  |  |  |
Summary of income from discontinued operations |  |  |  |  |  |
Net cash proceeds |  |  |  | $ 4,166 | 25,387 | 126,848
Commercial square feet | ft² | 66 |  |  | 66 |  |
Number of residential units in development | residential_condominium | 172 |  |  | 172 |  |
Gain on for-sale condominiums |  |  |  | $ (76) | $ (73) | $ 2,217
AVA Belltown |  |  |  |  |  |
Summary of income from discontinued operations |  |  |  |  |  |
Number of apartment homes sold | home |  |  | 100 |  |  |
Gross sales price |  |  | $ 34,000 |  |  |
Net cash proceeds |  |  | $ 32,343 |  |  |
Commercial square feet | ft² | 1 |  |  | 1 |  |
AVA North Hollywood |  |  |  |  |  |
Summary of income from discontinued operations |  |  |  |  |  |
Number of apartment homes sold | home |  |  | 156 |  |  |
Gross sales price |  |  | $ 62,100 |  |  |
Net cash proceeds |  |  | $ 57,215 |  |  |
Commercial square feet | ft² | 11 |  |  | 11 |  |
Avalon Hackensack at Riverside |  |  |  |  |  |
Summary of income from discontinued operations |  |  |  |  |  |
Number of apartment homes sold | home |  |  | 226 |  |  |
Gross sales price |  |  | $ 85,600 |  |  |
Net cash proceeds |  |  | $ 83,878 |  |  |
AVA Theater District |  |  |  |  |  |
Summary of income from discontinued operations |  |  |  |  |  |
Number of apartment homes sold | home |  | 398 |  |  |  |
Gross sales price |  | $ 212,000 |  |  |  |
Net cash proceeds |  | $ 209,893 |  |  |  |
Avalon Darien |  |  |  |  |  |
Summary of income from discontinued operations |  |  |  |  |  |
Number of apartment homes sold | home |  | 189 |  |  |  |
Gross sales price |  | $ 120,000 |  |  |  |
Net cash proceeds |  | $ 118,029 |  |  |  |
Avalon New Canaan |  |  |  |  |  |
Summary of income from discontinued operations |  |  |  |  |  |
Number of apartment homes sold | home | 104 |  |  |  |  |
Gross sales price | $ 75,000 |  |  |  |  |
Net cash proceeds | $ 74,113 |  |  |  |  |
Avalon Berkeley |  |  |  |  |  |
Summary of income from discontinued operations |  |  |  |  |  |
Number of apartment homes sold | home | 94 |  |  |  |  |
Gross sales price | $ 32,000 |  |  |  |  |
Net cash proceeds | $ 31,033 |  |  |  |  |
AVA Ballard |  |  |  |  |  |
Summary of income from discontinued operations |  |  |  |  |  |
Number of apartment homes sold | home | 265 |  |  |  |  |
Gross sales price | $ 105,500 |  |  |  |  |
Net cash proceeds | $ 100,115 |  |  |  |  |
Commercial square feet | ft² | 12 |  |  | 12 |  |
Other real estate |  |  |  |  |  |
Summary of income from discontinued operations |  |  |  |  |  |
Gross sales price |  |  |  | $ 0 |  |
Net cash proceeds |  |  |  | $ 784 |  |
Wholly owned properties |  |  |  |  |  |
Summary of income from discontinued operations |  |  |  |  |  |
Number of apartment homes sold | home |  |  |  | 1,532 | 987 | 2,062
Gross sales price |  |  |  | $ 726,200 | $ 446,000 | $ 953,135
Net cash proceeds |  |  |  | $ 707,403 | $ 440,209 | $ 934,117
Commercial square feet | ft² | 24 |  |  | 24 | 27 | 0

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