XML 45 R26.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Subsequent Events | 6 Months Ended
--- | ---
Jun. 30, 2017
Subsequent Events [Abstract] |
Subsequent Events |
14. | Subsequent Events
Subsequent to June 30, 2017, the Company:
| • | Sold one wholly-owned property consisting of 120 units for $53.0 million;
| • | Issued $400.0 million of ten-year 3.25% fixed rate public notes, receiving net proceeds of approximately $399.3 million before underwriting fees, at an all-in effective interest rate of approximately 3.30%;
| • | Issued $300.0 million of thirty-year 4.00% fixed rate public notes, receiving net proceeds of approximately $293.2 million before underwriting fees, at an all-in effective interest rate of approximately 4.10%;
| • | Received approximately $1.3 million to settle four forward starting swaps in conjunction with the issuance of the $400.0 million fixed rate public notes discussed above; and
| • | Repaid $90.0 million of mortgage debt.

X
- References No definition available. + Details
Name: | us-gaap_SubsequentEventsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
Name: | us-gaap_SubsequentEventsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration