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Reportable Segments (Tables) | 12 Months Ended
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Dec. 31, 2016
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract] |
Reconciliation of NOI | The following table presents a reconciliation of NOI from our rental real estate specific to continuing operations for the years ended December 31, 2016, 2015 and 2014, respectively (amounts in thousands):
|  | Year Ended December 31,
|  | 2016 |  | 2015 |  | 2014
Rental income |  | $ | 2,422,233 |  |  | $ | 2,736,578 |  |  | $ | 2,605,311 |
Property and maintenance expense |  | (406,823 | ) |  | (479,160 | ) |  | (473,098 | )
Real estate taxes and insurance expense |  | (317,387 | ) |  | (339,802 | ) |  | (325,401 | )
Total operating expenses |  | (724,210 | ) |  | (818,962 | ) |  | (798,499 | )
Net operating income |  | $ | 1,698,023 |  |  | $ | 1,917,616 |  |  | $ | 1,806,812 |
Reportable Segments Schedule | The following tables present NOI for each segment from our rental real estate specific to continuing operations for the years ended December 31, 2016, 2015 and 2014, respectively, as well as total assets and capital expenditures at December 31, 2016 and 2015, respectively (amounts in thousands):
|  | Year Ended December 31, 2016 |  | Year Ended December 31, 2015 |  | Year Ended December 31, 2014
|  | Rental Income |  | Operating Expenses |  | NOI |  | Rental Income |  | Operating Expenses |  | NOI |  | Rental Income |  | Operating Expenses |  | NOI
Same store (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Los Angeles |  | $ | 368,734 |  |  | $ | 107,138 |  |  | $ | 261,596 |  |  | $ | 349,285 |  |  | $ | 104,614 |  |  | $ | 244,671 |  |  | $ | 259,437 |  |  | $ | 81,972 |  |  | $ | 177,465 |
San Diego |  | 88,049 |  |  | 23,489 |  |  | 64,560 |  |  | 83,491 |  |  | 22,938 |  |  | 60,553 |  |  | 79,217 |  |  | 22,605 |  |  | 56,612 |
Orange County |  | 79,602 |  |  | 18,931 |  |  | 60,671 |  |  | 75,068 |  |  | 18,550 |  |  | 56,518 |  |  | 71,440 |  |  | 18,211 |  |  | 53,229 |
Subtotal - Southern California |  | 536,385 |  |  | 149,558 |  |  | 386,827 |  |  | 507,844 |  |  | 146,102 |  |  | 361,742 |  |  | 410,094 |  |  | 122,788 |  |  | 287,306 |
New York |  | 457,882 |  |  | 160,772 |  |  | 297,110 |  |  | 450,460 |  |  | 152,682 |  |  | 297,778 |  |  | 455,598 |  |  | 156,881 |  |  | 298,717 |
Washington D.C. |  | 424,055 |  |  | 126,154 |  |  | 297,901 |  |  | 417,985 |  |  | 123,450 |  |  | 294,535 |  |  | 451,973 |  |  | 131,964 |  |  | 320,009 |
San Francisco |  | 365,019 |  |  | 88,141 |  |  | 276,878 |  |  | 343,089 |  |  | 84,603 |  |  | 258,486 |  |  | 340,252 |  |  | 96,217 |  |  | 244,035 |
Boston |  | 237,683 |  |  | 66,283 |  |  | 171,400 |  |  | 232,462 |  |  | 67,252 |  |  | 165,210 |  |  | 244,612 |  |  | 70,070 |  |  | 174,542 |
Seattle |  | 154,482 |  |  | 42,644 |  |  | 111,838 |  |  | 145,646 |  |  | 39,307 |  |  | 106,339 |  |  | 153,197 |  |  | 45,781 |  |  | 107,416 |
Other Markets |  | 1,798 |  |  | 568 |  |  | 1,230 |  |  | 1,680 |  |  | 528 |  |  | 1,152 |  |  | 385,664 |  |  | 120,395 |  |  | 265,269 |
Total same store |  | 2,177,304 |  |  | 634,120 |  |  | 1,543,184 |  |  | 2,099,166 |  |  | 613,924 |  |  | 1,485,242 |  |  | 2,441,390 |  |  | 744,096 |  |  | 1,697,294 |
Non-same store/other (2) (3) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-same store |  | 163,768 |  |  | 56,403 |  |  | 107,365 |  |  | 72,123 |  |  | 27,078 |  |  | 45,045 |  |  | 83,715 |  |  | 28,992 |  |  | 54,723 |
Other (3) |  | 81,161 |  |  | 33,687 |  |  | 47,474 |  |  | 565,289 |  |  | 177,960 |  |  | 387,329 |  |  | 80,206 |  |  | 25,411 |  |  | 54,795 |
Total non-same store/other |  | 244,929 |  |  | 90,090 |  |  | 154,839 |  |  | 637,412 |  |  | 205,038 |  |  | 432,374 |  |  | 163,921 |  |  | 54,403 |  |  | 109,518 |
Totals |  | $ | 2,422,233 |  |  | $ | 724,210 |  |  | $ | 1,698,023 |  |  | $ | 2,736,578 |  |  | $ | 818,962 |  |  | $ | 1,917,616 |  |  | $ | 2,605,311 |  |  | $ | 798,499 |  |  | $ | 1,806,812 |
(1) | For the years ended December 31, 2016 and 2015, same store primarily includes all properties acquired or completed that are stabilized prior to January 1, 2015, less properties subsequently sold, which represented 69,879 apartment units. For the year ended December 31, 2014, same store primarily includes all properties acquired or completed that are stabilized prior to January 1, 2014, less properties subsequently sold, which represented 96,286 apartment units.
(2) | For the years ended December 31, 2016 and 2015, non-same store primarily includes properties acquired after January 1, 2015, plus any properties in lease-up and not stabilized as of January 1, 2015. For the year ended December 31, 2014, non-same store primarily includes properties acquired after January 1, 2014, plus any properties in lease-up and not stabilized as of January 1, 2014.
(3) | Other includes development, other corporate operations and operations prior to sale for properties sold in 2014 through 2016 that do not meet the new discontinued operations criteria.
|  | Year Ended December 31, 2016 |  | Year Ended December 31, 2015
|  | Total Assets |  | Capital Expenditures |  | Total Assets |  | Capital Expenditures
Same store (1) |  |  |  |  |  |  |  |
Los Angeles |  | $ | 2,513,979 |  |  | $ | 26,195 |  |  | $ | 2,586,859 |  |  | $ | 22,015 |
San Diego |  | 471,937 |  |  | 5,172 |  |  | 488,260 |  |  | 4,608 |
Orange County |  | 260,918 |  |  | 6,747 |  |  | 268,479 |  |  | 7,336 |
Subtotal - Southern California |  | 3,246,834 |  |  | 38,114 |  |  | 3,343,598 |  |  | 33,959 |
New York |  | 4,275,930 |  |  | 25,329 |  |  | 4,383,354 |  |  | 18,170 |
Washington D.C. |  | 3,916,264 |  |  | 33,867 |  |  | 4,023,474 |  |  | 33,455 |
San Francisco |  | 2,441,256 |  |  | 24,411 |  |  | 2,506,004 |  |  | 25,104 |
Boston |  | 1,723,942 |  |  | 20,936 |  |  | 1,774,181 |  |  | 17,355 |
Seattle |  | 1,031,764 |  |  | 13,464 |  |  | 1,061,351 |  |  | 9,106 |
Other Markets |  | 12,902 |  |  | 67 |  |  | 13,162 |  |  | 182 |
Total same store |  | 16,648,892 |  |  | 156,188 |  |  | 17,105,124 |  |  | 137,331 |
Non-same store/other (2) (3) |  |  |  |  |  |  |  |
Non-same store |  | 2,864,250 |  |  | 12,179 |  |  | 2,441,637 |  |  | 6,341 |
Other (3) |  | 1,191,006 |  |  | 3,810 |  |  | 3,563,435 |  |  | 38,441 |
Total non-same store/other |  | 4,055,256 |  |  | 15,989 |  |  | 6,005,072 |  |  | 44,782 |
Totals |  | $ | 20,704,148 |  |  | $ | 172,177 |  |  | $ | 23,110,196 |  |  | $ | 182,113 |
(1) | Same store primarily includes all properties acquired or completed that are stabilized prior to January 1, 2015, less properties subsequently sold, which represented 69,879 apartment units.
(2) | Non-same store primarily includes properties acquired after January 1, 2015, plus any properties in lease-up and not stabilized as of January 1, 2015.
(3) | Other includes development, other corporate operations and capital expenditures for properties sold.

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