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Subsequent Events/Other | 3 Months Ended
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Mar. 31, 2016
Subsequent Events Other [Abstract] |
Subsequent Events/Other |
14. | Subsequent Events/Other
Subsequent Events Subsequent to March 31, 2016, the Company:
• | Sold its interest in the management contracts and related rights associated with the military housing ventures at Joint Base Lewis McChord located in Tacoma, Washington for approximately $63.3 million (consisted of 5,161 apartment units); and
• | Partially paid down $2.9 million on one tax-exempt mortgage bond.
Other During the quarters ended March 31, 2016 and 2015, the Company incurred charges of $1.3 million and $0.1 million, respectively, related to property acquisition costs, such as survey, title and legal fees, on the acquisition of operating properties and $1.5 million and $0.5 million, respectively, related to the write-off of various pursuit and out-of-pocket costs for terminated acquisition, disposition and development transactions. These costs, totaling $2.8 million and $0.6 million, respectively, are included in other expenses in the accompanying consolidated statements of operations and comprehensive income.

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- Definition Describes disclosed significant events or transactions that occurred after the balance sheet date, but before the issuance of the financial statements. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, losses resulting from fire or flood, significant realized and unrealized gains and losses that result from changes in quoted market prices of securities, changes in authorized or issued debt (SEC), substantial loans to insiders or affiliates, significant long-term investments, and substantial dividends not in the ordinary course of business. Also describes significant other events that took place during the reporting period that were not otherwise disclosed in other footnotes. + References No definition available. + Details
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- Definition Subsequent events other. + References No definition available. + Details
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