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Real Estate Disposition Activities (Tables) | 12 Months Ended
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Dec. 31, 2024
Discontinued Operations and Disposal Groups [Abstract] |
Details regarding the real estate sales | Details regarding the real estate sales, which resulted in a gain in accordance with GAAP of $363,300,000, excluding for-sale residential condominiums at The Park Loggia, are summarized in the following table (dollars in thousands):
Community name |  | Location |  | Period of sale |  | Apartment homes |  | Gross sales price |  | Net cash proceeds |  | Commercial square feet
AVA Belltown |  | Seattle, WA |  | Q2 2024 |  | 100 |  |  | $ | 34,000 |  |  | $ | 32,343 |  |  | 1,000 |
AVA North Hollywood |  | Los Angeles, CA |  | Q2 2024 |  | 156 |  |  | 62,100 |  |  | 57,215 |  |  | 11,000 |
Avalon Hackensack at Riverside |  | Hackensack, NJ |  | Q2 2024 |  | 226 |  |  | 85,600 |  |  | 83,878 |  |  | — |
AVA Theater District |  | Boston, MA |  | Q3 2024 |  | 398 |  |  | 212,000 |  |  | 209,893 |  |  | — |
Avalon Darien |  | Darien, CT |  | Q3 2024 |  | 189 |  |  | 120,000 |  |  | 118,029 |  |  | — |
Avalon New Canaan |  | New Canaan, CT |  | Q4 2024 |  | 104 |  |  | 75,000 |  |  | 74,113 |  |  | — |
Avalon Berkeley |  | Berkeley, CA |  | Q4 2024 |  | 94 |  |  | 32,000 |  |  | 31,033 |  |  | — |
AVA Ballard |  | Seattle, WA |  | Q4 2024 |  | 265 |  |  | 105,500 |  |  | 100,115 |  |  | 12,000 |
Other real estate |  | multiple |  | 2024 |  | N/A |  | — |  |  | 784 |  |  | — |
Total of 2024 asset sales |  |  |  |  |  | 1,532 |  |  | $ | 726,200 |  |  | $ | 707,403 |  |  | 24,000 |
Total of 2023 asset sales |  |  |  |  |  | 987 |  |  | $ | 446,000 |  |  | $ | 440,209 |  |  | 27,000 |
Total of 2022 asset sales |  |  |  |  |  | 2,062 |  |  | $ | 953,135 |  |  | $ | 934,117 |  |  | — |

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- Definition Tabular disclosure of disposal groups, which may include real estate sales relating to communities and land parcels. + References No definition available. + Details
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- References No definition available. + Details
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Namespace Prefix: | us-gaap_
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